Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Norwegian (OSEAX) Software Industry Analysis

UpdatedApr 17, 2025
DataAggregated Company Financials
Companies12
  • 7D9.0%
  • 3M-1.9%
  • 1Y27.2%
  • YTD-7.2%

Over the last 7 days, the Software industry has risen 5.8%, driven by gains from Crayon Group Holding of 13%. This takes the industry's 12 month performance to a gain of 29%. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 17 Apr 2025NOK 28.5bNOK 17.2bNOK 593.4m36.2x48x1.7x
Sat, 15 Mar 2025NOK 28.0bNOK 17.2bNOK 586.9m36.3x47.7x1.6x
Mon, 10 Feb 2025NOK 28.8bNOK 16.9bNOK 461.9m43.2x62.3x1.7x
Wed, 08 Jan 2025NOK 30.6bNOK 16.9bNOK 461.0m40.1x66.3x1.8x
Fri, 06 Dec 2024NOK 31.1bNOK 16.9bNOK 455.9m41.2x68.3x1.8x
Sun, 03 Nov 2024NOK 35.9bNOK 18.2bNOK 336.9m47.9x106.6x2x
Tue, 01 Oct 2024NOK 36.9bNOK 18.2bNOK 347.0m50.7x106.4x2x
Thu, 29 Aug 2024NOK 34.6bNOK 18.0bNOK 279.8m31x123.7x1.9x
Sat, 27 Jul 2024NOK 34.5bNOK 17.7bNOK 452.4m19x76.2x2x
Mon, 24 Jun 2024NOK 32.7bNOK 17.6bNOK 447.2m19.3x73x1.9x
Wed, 22 May 2024NOK 32.2bNOK 17.6bNOK 433.3m19.4x74.3x1.8x
Fri, 19 Apr 2024NOK 26.3bNOK 17.0b-NOK 55,102,715.6123.8x-477.3x1.6x
Sun, 17 Mar 2024NOK 26.9bNOK 16.9b-NOK 37,243,445.7223.3x-721.6x1.6x
Tue, 13 Feb 2024NOK 28.4bNOK 16.6bNOK 18.8m25.6x1511.8x1.7x
Thu, 11 Jan 2024NOK 35.8bNOK 18.5b-NOK 734,339,261.0015.8x-48.7x1.9x
Sat, 09 Dec 2023NOK 34.7bNOK 18.5b-NOK 741,538,668.0015.4x-46.8x1.9x
Mon, 06 Nov 2023NOK 31.1bNOK 17.9b-NOK 727,249,553.0015.3x-42.8x1.7x
Wed, 04 Oct 2023NOK 31.5bNOK 17.9b-NOK 754,252,980.0015.6x-41.7x1.8x
Fri, 01 Sep 2023NOK 33.6bNOK 17.9b-NOK 752,196,299.0013.2x-44.6x1.9x
Sun, 30 Jul 2023NOK 36.3bNOK 16.9b-NOK 980,893,669.009.6x-37x2.1x
Tue, 27 Jun 2023NOK 34.2bNOK 16.9b-NOK 998,555,312.0010x-34.2x2x
Thu, 25 May 2023NOK 34.6bNOK 16.9b-NOK 1,081,354,722.009.9x-32x2x
Sat, 22 Apr 2023NOK 30.2bNOK 16.1b-NOK 919,417,684.0031.4x-32.8x1.9x
Mon, 20 Mar 2023NOK 30.5bNOK 16.1b-NOK 1,444,610,163.0044.4x-21.1x1.9x
Wed, 15 Feb 2023NOK 34.2bNOK 38.1b-NOK 776,162,213.0034x-44.1x0.9x
Fri, 13 Jan 2023NOK 34.3bNOK 38.1b-NOK 714,689,782.0034.7x-48x0.9x
Sun, 11 Dec 2022NOK 34.6bNOK 38.0b-NOK 704,786,961.0029.5x-49x0.9x
Tue, 08 Nov 2022NOK 32.0bNOK 38.0b-NOK 685,314,302.0030.6x-46.6x0.8x
Thu, 06 Oct 2022NOK 31.6bNOK 37.0b-NOK 948,015,949.0037.5x-33.4x0.9x
Sat, 03 Sep 2022NOK 33.7bNOK 37.0b-NOK 916,593,664.0042.8x-36.7x0.9x
Mon, 01 Aug 2022NOK 41.0bNOK 36.3b-NOK 1,005,580,569.0064.1x-40.7x1.1x
Wed, 29 Jun 2022NOK 35.8bNOK 36.3b-NOK 508,269,208.0057.6x-70.4x1x
Fri, 27 May 2022NOK 36.1bNOK 36.1b-NOK 523,741,222.0060.3x-69x1x
Sun, 24 Apr 2022NOK 38.6bNOK 35.5b-NOK 342,321,060.0067.5x-112.7x1.1x
Price to Earnings Ratio

-112.7x


Total Market Cap: NOK 38.6bTotal Earnings: -NOK 342,321,060.00Total Revenue: NOK 35.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Software Industry Price to Earnings3Y Average -28.7x202320242025
Current Industry PE
  • Investors are optimistic on the Norwegian Software industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 48.0x which is higher than its 3-year average PE of -28.9x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • Total earnings for the Software industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 22% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

NO Market5.98%
Tech7.52%
Software8.96%
Systems Software13.37%
Application Software6.60%
Industry PE
  • Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 29.1x.
    • Analysts are expecting annual earnings growth of 31.6%, which is higher than its past year's earnings decline of 1.0% per year.
  • Investors are most pessimistic about the Systems Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 36% over the next 5 years.
  • In contrast, the Application Software industry is expected to see its earnings grow by 32% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CRAYN Crayon Group HoldingNOK 117.007.6%
+NOK 732.8m		61.7%PE40x
LINK LINK Mobility Group HoldingNOK 22.005.5%
+NOK 324.4m		20.5%PE36.2x
SMCRT SmartCraftNOK 26.803.1%
+NOK 133.4m		7.2%PE42.2x
PEXIP Pexip HoldingNOK 39.401.2%
+NOK 45.8m		43.5%PE34x
OTEC OtelloNOK 9.064.6%
+NOK 32.8m		13.3%PB0.9x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

LINK

NOK 22.00

LINK Mobility Group Holding

7D

5.5%

1Y

20.5%

LINK Mobility Group Holding ASA's (OB:LINK) Price In Tune With Earnings

Apr 17
LINK Mobility Group Holding ASA's (OB:LINK) Price In Tune With Earnings

SMCRT

NOK 26.80

SmartCraft

7D

3.1%

1Y

7.2%

Here's What Analysts Are Forecasting For SmartCraft ASA (OB:SMCRT) After Its Full-Year Results

Apr 13
Here's What Analysts Are Forecasting For SmartCraft ASA (OB:SMCRT) After Its Full-Year Results

PEXIP

NOK 39.40

Pexip Holding

7D

1.2%

1Y

43.5%

INDCT

NOK 3.68

Induct

7D

-2.1%

1Y

-3.2%

ELABS

NOK 9.23

Elliptic Laboratories

7D

0.8%

1Y

-34.0%

RIVER

NOK 17.90

River Tech

7D

5.9%

1Y

-28.4%

SPIR

NOK 8.78

Spir Group

7D

-1.8%

1Y

23.3%

CRAYN

NOK 117.00

Crayon Group Holding

7D

7.6%

1Y

61.7%

AIX

NOK 3.45

Ayfie International

7D

8.2%

1Y

-39.5%

OTEC

NOK 9.06

Otello

7D

4.6%

1Y

13.3%