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Norwegian (OSEAX) Software Industry Analysis

UpdatedNov 26, 2023
DataAggregated Company Financials
Companies19
  • 7D1.7%
  • 3M12.6%
  • 1Y-9.7%
  • YTD-4.4%

In the last week, the Software industry is up 1.7%, with Crayon Group Holding up 7.3%. However, the industry is down 9.7% over the past year. Looking forward, earnings are forecast to grow by 67% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Nov 2023kr33.8bkr18.2b-kr666,443,877.0015.3x-50.7x1.9x
Tue, 24 Oct 2023kr30.7bkr17.9b-kr754,471,414.0014.7x-40.7x1.7x
Thu, 21 Sep 2023kr32.4bkr17.9b-kr751,199,291.0013.3x-43.1x1.8x
Sat, 19 Aug 2023kr34.7bkr17.4b-kr984,164,862.0011x-35.3x2x
Mon, 17 Jul 2023kr33.7bkr16.9b-kr977,748,441.009x-34.5x2x
Wed, 14 Jun 2023kr35.4bkr16.9b-kr1,063,055,566.0010.4x-33.3x2.1x
Fri, 12 May 2023kr32.2bkr16.2b-kr792,196,142.0028.1x-40.6x2x
Sun, 09 Apr 2023kr31.5bkr16.1b-kr1,438,301,803.0050x-21.9x2x
Tue, 07 Mar 2023kr33.4bkr16.1b-kr1,433,730,580.0043.3x-23.3x2.1x
Thu, 02 Feb 2023kr35.2bkr38.1b-kr717,182,514.0033.9x-49x0.9x
Sat, 31 Dec 2022kr34.1bkr38.1b-kr709,458,056.0033.8x-48x0.9x
Mon, 28 Nov 2022kr34.7bkr38.0b-kr702,088,071.0032.2x-49.5x0.9x
Wed, 26 Oct 2022kr31.6bkr37.3b-kr950,648,098.0040.3x-33.2x0.8x
Fri, 23 Sep 2022kr31.7bkr37.0b-kr940,464,633.0037.9x-33.7x0.9x
Sun, 21 Aug 2022kr35.2bkr36.9b-kr935,747,545.0081.8x-37.6x1x
Tue, 19 Jul 2022kr37.8bkr36.3b-kr1,031,858,892.0057.8x-36.6x1x
Thu, 16 Jun 2022kr35.7bkr36.2b-kr500,935,039.0056.5x-71.4x1x
Sat, 14 May 2022kr33.7bkr35.5b-kr636,050,031.0069.8x-53x1x
Mon, 11 Apr 2022kr38.7bkr35.5b-kr342,371,190.0068.9x-112.9x1.1x
Wed, 09 Mar 2022kr40.1bkr35.6b-kr335,805,153.0063.5x-119.3x1.1x
Fri, 04 Feb 2022kr46.7bkr32.9b-kr607,713,537.00107.1x-76.9x1.4x
Sun, 02 Jan 2022kr53.3bkr32.8b-kr614,249,985.00126.9x-86.8x1.6x
Tue, 30 Nov 2021kr51.6bkr32.6b-kr568,091,985.00122.6x-90.9x1.6x
Thu, 28 Oct 2021kr54.7bkr32.0b-kr483,000,985.00126x-113.2x1.7x
Sat, 25 Sep 2021kr59.2bkr30.4b-kr619,787,795.00185.5x-95.5x1.9x
Mon, 23 Aug 2021kr60.4bkr28.5b-kr417,443,794.00138.4x-144.6x2.1x
Sat, 10 Jul 2021kr54.9bkr28.5b-kr417,443,794.00136.4x-131.4x1.9x
Fri, 02 Apr 2021kr56.3bkr27.8b-kr110,122,212.0061x-511.2x2x
Mon, 04 Jan 2021kr47.4bkr25.7b-kr204,352,280.0099x-231.9x1.8x
Price to Earnings Ratio

-80x


Total Market Cap: kr42.3bTotal Earnings: -kr528,996,803.00Total Revenue: kr23.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Software Industry Price to Earnings3Y Average -114.4x202120222023
Current Industry PE
  • Investors are optimistic on the Norwegian Software industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Software industry have deteriorated over the last three years.
  • Revenues have also declined 8.1% per year.
  • This means overall sales from these companies are declining and losses are subsequently expanding as well.

Industry Trends

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

NO Market1.20%
Tech-0.73%
Software1.66%
Systems Software7.31%
Application Software0.26%
Industry PE
    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 growth rate of 22% per year.
    • In contrast, the Systems Software industry is expected to see its earnings grow by 66% 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 Holdingkr81.507.3%
    +kr475.1m
    -24.6%PS1.2x
    PEXIP Pexip Holdingkr23.9612.0%
    +kr259.5m
    95.1%PS2.5x
    SMCRT SmartCraftkr20.701.0%
    +kr33.7m
    27.5%PE37x
    RIVER River Techkr32.404.5%
    +kr28.8m
    -31.1%PE7.2x
    MNTR Mintra Holdingkr3.453.6%
    +kr26.9m
    -31.0%PE15.3x
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    Latest News

    ELABS

    kr16.92

    Elliptic Laboratories

    7D

    -3.6%

    1Y

    10.6%

    MNTR

    kr3.45

    Mintra Holding

    7D

    3.6%

    1Y

    -31.0%

    SPOT

    kr0.30

    Spotlio

    7D

    24.2%

    1Y

    -33.8%

    UNIV

    kr0.40

    Univid

    7D

    -14.8%

    1Y

    -90.5%

    CRAYN

    kr81.50

    Crayon Group Holding

    7D

    7.3%

    1Y

    -24.6%

    INDCT

    kr7.00

    Induct

    7D

    12.9%

    1Y

    0.3%

    VOLUE

    kr17.32

    Volue

    7D

    -5.0%

    1Y

    -42.8%

    RIVER

    kr32.40

    River Tech

    7D

    4.5%

    1Y

    -31.1%

    LINK

    kr16.00

    LINK Mobility Group Holding

    7D

    -3.0%

    1Y

    89.8%

    PEXIP

    kr23.96

    Pexip Holding

    7D

    12.0%

    1Y

    95.1%

    SMCRT

    kr20.70

    SmartCraft

    7D

    1.0%

    1Y

    27.5%

    SIKRI

    kr6.10

    Sikri Group

    7D

    1.7%

    1Y

    -33.8%

    OTEC

    kr7.74

    Otello

    7D

    -1.5%

    1Y

    -6.3%