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Norwegian (OSEAX) Application Software Industry Analysis
UpdatedMay 14, 2022
DataAggregated Company Financials
Companies16
- 7D-5.6%
- 3M-30.8%
- 1Y-53.7%
- YTD-42.0%
Over the last 7 days, the Application Software industry has dropped 3.0%, driven by a pullback from Volue of 5.9%. The industry has fallen 48% in the last year. As for the next few years, earnings are expected to grow by 62% per annum.
Industry Valuation and Performance
Has the Norwegian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 14 May 2022 | kr21.8b | kr9.0b | -kr862,976,031.00 | 87.5x |
| Mon, 11 Apr 2022 | kr26.7b | kr9.1b | -kr569,297,190.00 | 85x |
| Wed, 09 Mar 2022 | kr25.7b | kr9.2b | -kr562,731,153.00 | 60.5x |
| Fri, 04 Feb 2022 | kr31.5b | kr8.6b | -kr717,163,537.00 | 73.9x |
| Sun, 02 Jan 2022 | kr37.2b | kr8.4b | -kr723,699,985.00 | 106.6x |
| Tue, 30 Nov 2021 | kr36.0b | kr8.3b | -kr677,541,985.00 | 102.1x |
| Thu, 28 Oct 2021 | kr39.0b | kr7.7b | -kr611,295,985.00 | 129.5x |
| Sat, 25 Sep 2021 | kr46.0b | kr7.5b | -kr853,251,795.00 | 237.9x |
| Mon, 23 Aug 2021 | kr46.8b | kr7.5b | -kr601,044,794.00 | 141.1x |
| Sat, 10 Jul 2021 | kr44.3b | kr7.5b | -kr601,044,794.00 | 142.5x |
| Fri, 02 Apr 2021 | kr45.1b | kr6.8b | -kr293,723,212.00 | 63.3x |
| Mon, 04 Jan 2021 | kr36.9b | kr6.1b | -kr324,847,280.00 | 132.7x |
| Thu, 08 Oct 2020 | kr13.9b | kr930.7m | -kr153,050,203.00 | 151.2x |
| Wed, 01 Jul 2020 | kr8.7b | kr625.9m | -kr23,256,934.00 | n/a |
| Sat, 04 Apr 2020 | kr171.2m | kr115.1m | -kr6,169,934.00 | n/a |
| Tue, 07 Jan 2020 | kr189.4m | kr115.4m | -kr9,083,934.00 | n/a |
| Mon, 30 Sep 2019 | kr525.5m | kr154.5m | -kr14,668,845.43 | 2.3x |
| Thu, 04 Jul 2019 | kr618.4m | kr154.5m | -kr14,668,845.43 | 2.6x |
Median PE Ratio
2.6x
Current Industry PE
- Investors are optimistic on the industry, and appear confident in long-term growth rates.
- The industry is trading at a PE ratio of 135x which is higher than its 3-year average PE of 88.6x.
Past Earnings Growth
- The earnings for companies in the Application Software industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 205% 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 caused losses to expand.
Industry Comparison
How does Norwegian Application Software compare with similar industries?
| NO Market | -1.21% | |
| Tech | -1.90% | |
| Software | -3.69% | |
| Application Software | -5.58% | |
| Systems Software | 0% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RIVER River Tech | kr58.00 | 1.8% +kr20.5m | 48.7% | PS26.3x | |
| MNTR Mintra Holding | kr3.95 | 1.3% +kr9.3m | -40.2% | PS28.6x | |
| PEXIP Pexip Holding | kr18.50 | 0.5% +kr9.1m | -72.3% | PS2.3x | |
| INDCT Induct Software | kr6.00 | 5.3% +kr4.5m | -28.6% | PS5.2x |