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Norwegian (OSEAX) Application Software Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies11
- 7D1.6%
- 3M-4.8%
- 1Y16.2%
- YTDn/a
Over the last 7 days, the Application Software industry has remained flat, although notably SmartCraft gained 5.6%. As for the the longer term, the industry is up 20% over the past 12 months. As for the next few years, earnings are expected to grow by 32% 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 | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | NOK 18.8b | NOK 10.0b | NOK 323.5m | 28.3x | 58.2x | 1.9x |
| Thu, 19 Dec 2024 | NOK 19.6b | NOK 10.0b | NOK 325.1m | 30.1x | 60.1x | 2x |
| Sat, 16 Nov 2024 | NOK 19.6b | NOK 10.0b | NOK 315.8m | 28.4x | 62.2x | 2x |
| Mon, 14 Oct 2024 | NOK 25.8b | NOK 11.4b | NOK 291.2m | 33.1x | 88.6x | 2.3x |
| Wed, 11 Sep 2024 | NOK 24.8b | NOK 11.4b | NOK 278.0m | 32x | 89.4x | 2.2x |
| Fri, 09 Aug 2024 | NOK 23.1b | NOK 11.0b | NOK 463.3m | 18.2x | 49.9x | 2.1x |
| Sun, 07 Jul 2024 | NOK 21.5b | NOK 11.0b | NOK 459.0m | 18.6x | 46.8x | 1.9x |
| Tue, 04 Jun 2024 | NOK 22.5b | NOK 11.0b | NOK 443.8m | 19.4x | 50.6x | 2x |
| Thu, 02 May 2024 | NOK 21.2b | NOK 10.6b | NOK 155.1m | 42.2x | 136.7x | 2x |
| Sat, 30 Mar 2024 | NOK 21.5b | NOK 10.5b | NOK 75.5m | 23.5x | 285.3x | 2x |
| Mon, 26 Feb 2024 | NOK 19.4b | NOK 10.5b | NOK 76.4m | 22.6x | 254x | 1.8x |
| Wed, 24 Jan 2024 | NOK 29.0b | NOK 12.4b | -NOK 731,609,549.00 | 18.1x | -39.6x | 2.3x |
| Fri, 22 Dec 2023 | NOK 27.9b | NOK 12.4b | -NOK 728,995,913.00 | 15.7x | -38.2x | 2.3x |
| Sun, 19 Nov 2023 | NOK 26.5b | NOK 12.1b | -NOK 649,683,449.00 | 14.7x | -40.8x | 2.2x |
| Tue, 17 Oct 2023 | NOK 25.3b | NOK 12.0b | -NOK 687,812,471.00 | 15.1x | -36.8x | 2.1x |
| Thu, 14 Sep 2023 | NOK 25.7b | NOK 12.0b | -NOK 681,538,864.00 | 13x | -37.7x | 2.1x |
| Sat, 12 Aug 2023 | NOK 26.0b | NOK 11.4b | -NOK 798,546,647.00 | 11x | -32.6x | 2.3x |
| Mon, 10 Jul 2023 | NOK 25.0b | NOK 11.3b | -NOK 876,087,868.00 | 9.2x | -28.5x | 2.2x |
| Wed, 07 Jun 2023 | NOK 24.9b | NOK 11.3b | -NOK 948,269,011.00 | 9.7x | -26.2x | 2.2x |
| Fri, 05 May 2023 | NOK 23.8b | NOK 10.9b | -NOK 922,459,511.00 | 9.1x | -25.8x | 2.2x |
| Sun, 02 Apr 2023 | NOK 23.8b | NOK 10.9b | -NOK 1,454,711,185.00 | 33.2x | -16.4x | 2.2x |
| Tue, 28 Feb 2023 | NOK 25.0b | NOK 10.9b | -NOK 1,414,567,811.00 | 36.9x | -17.7x | 2.3x |
| Thu, 26 Jan 2023 | NOK 26.0b | NOK 10.5b | -NOK 925,979,847.00 | 28.6x | -28x | 2.5x |
| Sat, 24 Dec 2022 | NOK 25.0b | NOK 10.5b | -NOK 925,574,980.00 | 25.6x | -27x | 2.4x |
| Mon, 21 Nov 2022 | NOK 25.3b | NOK 10.5b | -NOK 871,267,615.00 | 25.9x | -29.1x | 2.4x |
| Wed, 19 Oct 2022 | NOK 23.3b | NOK 10.2b | -NOK 1,093,144,473.00 | 31.8x | -21.4x | 2.3x |
| Fri, 16 Sep 2022 | NOK 24.6b | NOK 9.9b | -NOK 1,056,035,515.00 | 33.7x | -23.3x | 2.5x |
| Sun, 14 Aug 2022 | NOK 25.4b | NOK 9.5b | -NOK 1,329,258,636.00 | 79.7x | -19.1x | 2.7x |
| Tue, 12 Jul 2022 | NOK 26.4b | NOK 9.5b | -NOK 1,318,781,578.00 | 70.1x | -20x | 2.8x |
| Thu, 09 Jun 2022 | NOK 26.3b | NOK 9.5b | -NOK 732,715,931.00 | 77x | -35.9x | 2.8x |
| Sat, 07 May 2022 | NOK 19.0b | NOK 4.6b | -NOK 738,391,998.00 | 146.8x | -25.8x | 4.1x |
| Mon, 04 Apr 2022 | NOK 28.3b | NOK 9.2b | -NOK 582,249,006.00 | 63.8x | -48.6x | 3.1x |
| Wed, 02 Mar 2022 | NOK 28.6b | NOK 9.2b | -NOK 545,315,214.00 | 58.5x | -52.4x | 3.1x |
| Fri, 28 Jan 2022 | NOK 30.2b | NOK 8.6b | -NOK 717,163,537.00 | 75.1x | -42.1x | 3.5x |
Price to Earnings Ratio
-42.1x
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 58.7x which is higher than its 3-year average PE of 20.8x.
- 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 5.2% 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 | 0.11% | |
| Tech | 2.70% | |
| Software | 1.67% | |
| Application Software | 1.61% | |
| Systems Software | 1.77% | |
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 | |
|---|---|---|---|---|---|
| SMCRT SmartCraft | NOK 28.50 | 5.6% +NOK 250.5m | 11.8% | PE46.9x | |
| PEXIP Pexip Holding | NOK 42.60 | 2.2% +NOK 91.4m | 64.9% | PS4x | |
| ELABS Elliptic Laboratories | NOK 10.90 | 5.8% +NOK 63.2m | -34.4% | PS12.3x | |
| RIVER River Tech | NOK 18.60 | 4.5% +NOK 16.4m | -38.0% | PE4.2x | |
| AIX Ayfie International | NOK 3.71 | 1.1% +NOK 604.5k | -30.0% | n/a |