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Norwegian (OSEAX) Software Industry Analysis

UpdatedDec 05, 2021
DataAggregated Company Financials
Companies18
  • 7D-1.1%
  • 3M-19.5%
  • 1Y-6.8%
  • YTD-18.9%

Over the last 7 days, the Software industry has dropped 1.1%, driven by a pullback from Crayon Group Holding of 4.1%. Meanwhile, Volue actually outperformed within the industry, gaining 5.7% in the last week. However, the industry is down 6.8% over the past year.

Industry Valuation and Performance

Has the Norwegian Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 06 Dec 2021kr50.2bkr32.6b-kr568,091,985.00118.5x
Wed, 03 Nov 2021kr55.4bkr32.0b-kr502,576,985.00135.6x
Fri, 01 Oct 2021kr81.4bkr30.5b-kr377,619,794.00160.6x
Sun, 29 Aug 2021kr59.2bkr28.5b-kr417,443,794.00133.6x
Mon, 05 Jul 2021kr54.9bkr28.5b-kr417,443,794.00136.4x
Thu, 08 Apr 2021kr56.3bkr27.8b-kr110,122,212.0061x
Sun, 10 Jan 2021kr47.4bkr25.7b-kr204,352,280.0099x
Sat, 03 Oct 2020kr23.9bkr19.1b-kr149,496,203.001472.1x
Tue, 07 Jul 2020kr13.7bkr17.7b-kr19,230,934.001263x
Fri, 10 Apr 2020kr3.8bkr15.3b-kr58,244,934.00n/a
Thu, 02 Jan 2020kr4.2bkr13.7b-kr21,318,934.00n/a
Sun, 06 Oct 2019kr3.4bkr12.3bkr10.8m57.2x
Wed, 10 Jul 2019kr2.7bkr11.3bkr1.0m66.6x
Tue, 02 Apr 2019kr2.1bkr10.1bkr1.8m37x
Fri, 04 Jan 2019kr1.9bkr9.2bkr7.2m40.6x
PE Ratio

40.6x

Total Market Cap: kr1.9bTotal Earnings: kr7.2mTotal Revenue: kr9.2b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 118x which is lower than its 3-year average PE of 283x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 53% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Norwegian Software industry?

Application Software0.30%
Systems Software-4.09%

Industry PE: Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 507x. However analysts are expecting annual earnings growth of 64%, which is lower than the prior year's growth of 2,980% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Application Software industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 74.3x.

Forecasted Growth: Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 68% over the next 5 years. This is better than its past earnings decline of 70% per year. Meanwhile, the Systems Software industry is expected to see its earnings grow by 64% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
VOLUE Volue5.7%+kr446.0m67.2%PE571.3x
LINK LINK Mobility Group Holding0.8%+kr44.0m-56.9%PS1.4x
ELABS Elliptic Laboratories2.0%+kr41.5m73.8%PS49x
SIKRI Sikri Holding1.7%+kr37.6m29.4%PE279.5x
HOC House of Control Group4.3%+kr29.7m-34.1%PS4.4x
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Latest News

ORN

kr9.50

Orn Software Holding

7D

-1.6%

1Y

n/a

DLTX

kr14.16

DLT

7D

-4.7%

1Y

n/a

VOLUE

kr57.30

Volue

7D

5.7%

1Y

67.2%