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Norwegian (OSEAX) Application Software Industry Analysis

UpdatedApr 14, 2025
DataAggregated Company Financials
Companies11
  • 7D2.0%
  • 3M-5.3%
  • 1Y8.1%
  • YTDn/a

The Application Software industry has stayed flat over the last week. As for the the longer term, the industry is up 5.7% over the past 12 months. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Apr 2025NOK 17.5bNOK 10.2bNOK 334.7m34.5x52.3x1.7x
Thu, 13 Mar 2025NOK 17.9bNOK 10.2bNOK 329.1m36x54.4x1.8x
Sat, 08 Feb 2025NOK 19.2bNOK 10.0bNOK 323.7m29.9x59.3x1.9x
Mon, 06 Jan 2025NOK 19.6bNOK 10.0bNOK 322.1m28.9x60.9x2x
Wed, 04 Dec 2024NOK 19.5bNOK 10.0bNOK 317.5m29.3x61.5x2x
Fri, 01 Nov 2024NOK 26.1bNOK 11.4bNOK 286.1m32.4x91.2x2.3x
Sun, 29 Sep 2024NOK 25.6bNOK 11.4bNOK 296.0m33.4x86.5x2.2x
Tue, 27 Aug 2024NOK 24.7bNOK 11.4bNOK 294.4m31.5x84x2.2x
Thu, 25 Jul 2024NOK 23.6bNOK 11.0bNOK 464.4m19.1x50.9x2.1x
Sat, 22 Jun 2024NOK 21.8bNOK 11.0bNOK 459.2m19.3x47.5x2x
Mon, 20 May 2024NOK 22.5bNOK 11.0bNOK 445.6m19.6x50.4x2x
Wed, 17 Apr 2024NOK 20.3bNOK 10.6bNOK 59.1m23.6x343.5x1.9x
Fri, 15 Mar 2024NOK 20.0bNOK 10.5bNOK 77.2m23x259.5x1.9x
Sun, 11 Feb 2024NOK 19.7bNOK 10.5bNOK 25.1m25.2x784x1.9x
Tue, 09 Jan 2024NOK 28.1bNOK 12.4b-NOK 729,582,303.0015.8x-38.5x2.3x
Thu, 07 Dec 2023NOK 27.2bNOK 12.4b-NOK 744,113,682.0015.6x-36.5x2.2x
Sat, 04 Nov 2023NOK 25.1bNOK 12.0b-NOK 681,884,051.0015.3x-36.9x2.1x
Mon, 02 Oct 2023NOK 25.6bNOK 12.0b-NOK 685,599,542.0014.9x-37.3x2.1x
Wed, 30 Aug 2023NOK 25.4bNOK 12.0b-NOK 686,116,163.0013.1x-37x2.1x
Fri, 28 Jul 2023NOK 26.6bNOK 11.3b-NOK 857,330,504.009.7x-31x2.3x
Sun, 25 Jun 2023NOK 25.1bNOK 11.3b-NOK 879,145,721.009.9x-28.6x2.2x
Tue, 23 May 2023NOK 25.2bNOK 11.3b-NOK 959,472,116.009.4x-26.2x2.2x
Thu, 20 Apr 2023NOK 23.8bNOK 10.9b-NOK 1,467,285,746.0032.2x-16.3x2.2x
Sat, 18 Mar 2023NOK 23.4bNOK 10.9b-NOK 1,467,906,909.0030.3x-15.9x2.2x
Mon, 13 Feb 2023NOK 26.5bNOK 10.5b-NOK 957,551,532.0026.8x-27.6x2.5x
Wed, 11 Jan 2023NOK 25.8bNOK 10.5b-NOK 930,925,908.0028.2x-27.7x2.5x
Fri, 09 Dec 2022NOK 24.6bNOK 10.5b-NOK 917,383,185.0025.5x-26.8x2.3x
Sun, 06 Nov 2022NOK 24.1bNOK 10.2b-NOK 1,069,513,648.0035.8x-22.5x2.4x
Tue, 04 Oct 2022NOK 23.9bNOK 9.9b-NOK 1,082,514,457.0031.4x-22.1x2.4x
Thu, 01 Sep 2022NOK 24.2bNOK 9.7b-NOK 1,043,101,359.0043.4x-23.2x2.5x
Sat, 30 Jul 2022NOK 27.3bNOK 9.5b-NOK 1,292,841,569.0080.5x-21.1x2.9x
Mon, 27 Jun 2022NOK 24.3bNOK 9.5b-NOK 795,803,548.0075.7x-30.6x2.6x
Wed, 25 May 2022NOK 21.5bNOK 9.3b-NOK 817,083,970.0088.9x-26.3x2.3x
Fri, 22 Apr 2022NOK 26.7bNOK 9.1b-NOK 569,266,844.0081.8x-46.8x2.9x
Price to Earnings Ratio

-46.8x


Total Market Cap: NOK 26.7bTotal Earnings: -NOK 569,266,844.00Total Revenue: NOK 9.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Application Software Industry Price to Earnings3Y Average 29x202320242025
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 52.3x which is higher than its 3-year average PE of 28.9x.
  • The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.7x.
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 3.8% 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 Market0.76%
Tech0.74%
Software2.71%
Application Software2.00%
Systems Software4.00%
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?

CompanyLast Price7D1YValuation
LINK LINK Mobility Group HoldingNOK 22.258.3%
+NOK 479.5m		19.0%PE36.6x
PEXIP Pexip HoldingNOK 37.703.1%
+NOK 117.1m		31.8%PE32.6x
SMCRT SmartCraftNOK 26.401.5%
+NOK 66.7m		6.9%PE41.5x
OTEC OtelloNOK 9.049.4%
+NOK 64.0m		11.3%PB0.9x
SPIR Spir GroupNOK 8.943.0%
+NOK 34.5m		23.5%PE35.2x
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7D

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PEXIP

NOK 37.70

Pexip Holding

7D

3.1%

1Y

31.8%

INDCT

NOK 3.58

Induct

7D

9.1%

1Y

-1.1%

ELABS

NOK 9.32

Elliptic Laboratories

7D

3.2%

1Y

-33.9%

LINK

NOK 22.25

LINK Mobility Group Holding

7D

8.3%

1Y

19.0%

RIVER

NOK 16.20

River Tech

7D

2.5%

1Y

-37.7%

SPIR

NOK 8.94

Spir Group

7D

3.0%

1Y

23.5%

AIX

NOK 3.10

Ayfie International

7D

-2.8%

1Y

-46.7%

OTEC

NOK 9.04

Otello

7D

9.4%

1Y

11.3%