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Norwegian (OSEAX) Application Software Industry Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
Companies18
  • 7D1.7%
  • 3M14.5%
  • 1Y-4.7%
  • YTD3.3%

The Application Software is pretty flat in the last 7 days, but Volue has stood out, gaining 9.9%. Unfortunately though, the industry is down 5.2% over the past 12 months. Earnings are forecast to grow by 68% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023kr27.0bkr12.4b-kr746,941,430.0015.6x-36.1x2.2x
Wed, 01 Nov 2023kr24.7bkr12.0b-kr689,164,405.0014.5x-35.8x2x
Fri, 29 Sep 2023kr25.5bkr12.0b-kr685,626,864.0014.6x-37.2x2.1x
Sun, 27 Aug 2023kr25.1bkr12.0b-kr686,525,036.0013x-36.6x2.1x
Tue, 25 Jul 2023kr26.1bkr11.3b-kr858,142,043.008.9x-30.4x2.3x
Thu, 22 Jun 2023kr25.3bkr11.3b-kr942,771,907.0010x-26.8x2.2x
Sat, 20 May 2023kr25.1bkr11.3b-kr817,387,818.009.2x-30.6x2.2x
Mon, 17 Apr 2023kr24.0bkr10.9b-kr1,456,831,979.0032.6x-16.4x2.2x
Wed, 15 Mar 2023kr23.6bkr10.9b-kr1,464,070,441.0029.5x-16.1x2.2x
Fri, 10 Feb 2023kr27.0bkr10.5b-kr939,037,855.0026.7x-28.7x2.6x
Sun, 08 Jan 2023kr25.8bkr10.5b-kr931,706,664.0028.1x-27.6x2.5x
Tue, 06 Dec 2022kr25.0bkr10.5b-kr915,291,943.0023.7x-27.3x2.4x
Thu, 03 Nov 2022kr24.2bkr10.2b-kr1,073,938,187.0037.2x-22.5x2.4x
Sat, 01 Oct 2022kr23.8bkr9.9b-kr1,091,228,225.0031.4x-21.8x2.4x
Mon, 29 Aug 2022kr23.9bkr9.7b-kr1,035,220,903.0042.1x-23.1x2.5x
Wed, 27 Jul 2022kr26.3bkr9.5b-kr1,305,531,815.0070.8x-20.1x2.8x
Fri, 24 Jun 2022kr24.0bkr9.5b-kr796,422,860.0074x-30.2x2.5x
Sun, 22 May 2022kr21.8bkr9.3b-kr813,719,089.0090.5x-26.8x2.3x
Tue, 19 Apr 2022kr26.3bkr9.1b-kr569,275,754.0095.1x-46.2x2.9x
Thu, 17 Mar 2022kr28.0bkr9.2b-kr582,207,072.0062.5x-48.2x3x
Sat, 12 Feb 2022kr31.7bkr8.6b-kr720,433,537.0068.7x-44x3.7x
Mon, 10 Jan 2022kr35.7bkr8.4b-kr723,699,985.00109.7x-49.3x4.2x
Wed, 08 Dec 2021kr34.2bkr8.3b-kr677,541,985.0098.1x-50.5x4.1x
Fri, 05 Nov 2021kr37.7bkr7.7b-kr612,026,985.00134.7x-61.6x4.9x
Sun, 03 Oct 2021kr45.7bkr7.7b-kr611,083,794.00180.8x-74.8x6x
Tue, 31 Aug 2021kr46.7bkr7.5b-kr601,044,794.00134.4x-77.8x6.2x
Wed, 07 Jul 2021kr44.3bkr7.5b-kr601,044,794.00142.5x-73.7x5.9x
Sat, 10 Apr 2021kr45.1bkr6.8b-kr293,723,212.0063.3x-153.6x6.6x
Fri, 01 Jan 2021kr36.9bkr6.1b-kr324,847,280.00132.7x-113.6x6.1x
Price to Earnings Ratio

-62.2x


Total Market Cap: kr33.1bTotal Earnings: -kr532,550,803.00Total Revenue: kr5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Application Software Industry Price to Earnings3Y Average -54.1x202120222023
Current Industry PE
  • Investors are pessimistic on the Norwegian Application Software industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.2x.
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 33% 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-0.88%
Tech0.36%
Software1.94%
Application Software1.74%
Systems Software2.70%
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
VOLUE Voluekr19.047.2%
+kr184.2m
-36.7%PE52.6x
SMCRT SmartCraftkr21.404.4%
+kr151.8m
44.2%PE40.3x
PEXIP Pexip Holdingkr25.985.4%
+kr133.8m
97.0%PS2.7x
LINK LINK Mobility Group Holdingkr16.082.6%
+kr115.6m
89.8%PS0.8x
MNTR Mintra Holdingkr3.522.3%
+kr17.9m
-24.0%PE15.6x
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Latest News

VOLUE

kr19.04

Volue

7D

7.2%

1Y

-36.7%

LINK

kr16.08

LINK Mobility Group Holding

7D

2.6%

1Y

89.8%

SMCRT

kr21.40

SmartCraft

7D

4.4%

1Y

44.2%

ELABS

kr16.14

Elliptic Laboratories

7D

-1.2%

1Y

1.6%

MNTR

kr3.52

Mintra Holding

7D

2.3%

1Y

-24.0%

SPOT

kr0.25

Spotlio

7D

-16.2%

1Y

-52.3%

UNIV

kr0.39

Univid

7D

-3.5%

1Y

-91.1%

RIVER

kr30.80

River Tech

7D

-1.9%

1Y

-34.5%

AYFIE

kr6.75

ayfie Group

7D

-3.5%

1Y

41.1%

PEXIP

kr25.98

Pexip Holding

7D

5.4%

1Y

97.0%

SIKRI

kr5.80

Sikri Group

7D

-4.9%

1Y

-31.4%