Pexip Holding's (OB:PEXIP) Solid Earnings Are Supported By Other Strong Factors
Feb 21
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Norwegian (OSEAX) Application Software Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies11
- 7D-1.1%
- 3M-1.5%
- 1Y23.2%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 1.1%, driven by a pullback from LINK Mobility Group Holding of 2.7%. On the other hand Spir Group is actually up 15%. This takes the industry's 12 month performance to a gain of 23%. Earnings are forecast to grow by 34% annually.
Industry Valuation and Performance
Has the Norwegian Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | NOK 18.9b | NOK 10.1b | NOK 235.8m | 38.3x | 80.3x | 1.9x |
| Sun, 19 Jan 2025 | NOK 18.8b | NOK 10.0b | NOK 320.4m | 29x | 58.7x | 1.9x |
| Tue, 17 Dec 2024 | NOK 19.8b | NOK 10.0b | NOK 326.8m | 30.8x | 60.6x | 2x |
| Thu, 14 Nov 2024 | NOK 19.3b | NOK 9.9b | NOK 282.7m | 16.6x | 68.1x | 1.9x |
| Sat, 12 Oct 2024 | NOK 25.8b | NOK 11.4b | NOK 291.2m | 33.1x | 88.6x | 2.3x |
| Mon, 09 Sep 2024 | NOK 24.8b | NOK 11.4b | NOK 280.2m | 32.8x | 88.3x | 2.2x |
| Wed, 07 Aug 2024 | NOK 22.9b | NOK 11.0b | NOK 464.1m | 17.5x | 49.3x | 2.1x |
| Fri, 05 Jul 2024 | NOK 21.6b | NOK 11.0b | NOK 459.0m | 18.6x | 47x | 2x |
| Sun, 02 Jun 2024 | NOK 23.1b | NOK 11.0b | NOK 443.6m | 19.4x | 52.1x | 2.1x |
| Tue, 30 Apr 2024 | NOK 20.9b | NOK 10.6b | NOK 67.5m | 25.2x | 310.1x | 2x |
| Thu, 28 Mar 2024 | NOK 21.5b | NOK 10.5b | NOK 75.0m | 23.5x | 287.2x | 2x |
| Sat, 24 Feb 2024 | NOK 19.4b | NOK 10.5b | NOK 76.4m | 22.6x | 254x | 1.8x |
| Mon, 22 Jan 2024 | NOK 28.2b | NOK 12.4b | -NOK 731,085,626.00 | 15.5x | -38.6x | 2.3x |
| Wed, 20 Dec 2023 | NOK 28.1b | NOK 12.4b | -NOK 728,977,896.00 | 16.2x | -38.5x | 2.3x |
| Fri, 17 Nov 2023 | NOK 26.5b | NOK 12.1b | -NOK 646,828,127.00 | 15.7x | -41x | 2.2x |
| Sun, 15 Oct 2023 | NOK 25.3b | NOK 12.0b | -NOK 687,871,453.00 | 14.5x | -36.7x | 2.1x |
| Tue, 12 Sep 2023 | NOK 26.0b | NOK 12.0b | -NOK 681,448,565.00 | 12.8x | -38.1x | 2.2x |
| Thu, 10 Aug 2023 | NOK 26.1b | NOK 11.4b | -NOK 866,295,151.00 | 11x | -30.1x | 2.3x |
| Sat, 08 Jul 2023 | NOK 25.0b | NOK 11.3b | -NOK 875,989,839.00 | 9.2x | -28.5x | 2.2x |
| Mon, 05 Jun 2023 | NOK 25.2b | NOK 11.3b | -NOK 947,525,095.00 | 9.8x | -26.6x | 2.2x |
| Wed, 03 May 2023 | NOK 23.9b | NOK 10.9b | -NOK 922,495,012.00 | 9.6x | -25.9x | 2.2x |
| Fri, 31 Mar 2023 | NOK 23.8b | NOK 10.9b | -NOK 1,451,564,294.00 | 33.8x | -16.4x | 2.2x |
| Sun, 26 Feb 2023 | NOK 25.0b | NOK 10.9b | -NOK 1,416,361,516.00 | 37.1x | -17.6x | 2.3x |
| Tue, 24 Jan 2023 | NOK 26.1b | NOK 10.5b | -NOK 921,386,069.00 | 28.6x | -28.3x | 2.5x |
| Thu, 22 Dec 2022 | NOK 25.1b | NOK 10.4b | -NOK 925,233,313.00 | 25.6x | -27.1x | 2.4x |
| Sat, 19 Nov 2022 | NOK 25.3b | NOK 10.5b | -NOK 871,539,540.00 | 25.9x | -29.1x | 2.4x |
| Mon, 17 Oct 2022 | NOK 23.1b | NOK 10.2b | -NOK 1,096,075,444.00 | 30.9x | -21.1x | 2.3x |
| Wed, 14 Sep 2022 | NOK 24.8b | NOK 9.9b | -NOK 1,042,442,141.00 | 35x | -23.8x | 2.5x |
| Fri, 12 Aug 2022 | NOK 25.6b | NOK 9.5b | -NOK 1,282,780,068.00 | 79.5x | -20x | 2.7x |
| Sun, 10 Jul 2022 | NOK 25.8b | NOK 9.5b | -NOK 1,313,009,495.00 | 66.3x | -19.7x | 2.7x |
| Tue, 07 Jun 2022 | NOK 26.5b | NOK 9.5b | -NOK 732,413,719.00 | 75.1x | -36.1x | 2.8x |
| Thu, 05 May 2022 | NOK 19.7b | NOK 4.6b | -NOK 739,561,125.00 | 140.8x | -26.6x | 4.3x |
| Sat, 02 Apr 2022 | NOK 28.3b | NOK 9.2b | -NOK 582,249,006.00 | 63.8x | -48.6x | 3.1x |
| Mon, 28 Feb 2022 | NOK 27.9b | NOK 9.2b | -NOK 543,363,275.00 | 29.2x | -51.3x | 3x |
Price to Earnings Ratio
-51.3x
Current Industry PE
- Investors are optimistic on the Norwegian Application Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 80.3x which is higher than its 3-year average PE of 23.9x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Total earnings for the Application Software industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 3.3% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Norwegian Application Software compare with similar industries?
| NO Market | 0.52% | |
| Tech | 3.12% | |
| Software | 0.80% | |
| Application Software | -1.10% | |
| Systems Software | 4.47% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SPIR Spir Group | NOK 10.75 | 17.9% +NOK 216.2m | 82.8% | PE42.4x | |
| ELABS Elliptic Laboratories | NOK 10.30 | 5.5% +NOK 56.8m | -23.8% | PS11.6x | |
| SPOT Spotlio | NOK 0.38 | 18.1% +NOK 11.3m | 39.0% | PS0.9x | |
| INDCT Induct | NOK 4.50 | 4.7% +NOK 4.7m | -10.0% | PS6.1x |