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Norwegian (OSEAX) Application Software Industry Analysis

UpdatedAug 18, 2025
DataAggregated Company Financials
Companies11
  • 7D3.8%
  • 3M19.8%
  • 1Y39.9%
  • YTDn/a

Over the last 7 days, the Application Software industry has risen 3.8%, driven by gains from Pexip Holding of 7.5%. This means that the industry has gained 40% over the past year. Looking forward, earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Aug 2025NOK 25.3bNOK 10.3bNOK 324.2m37.5x78x2.5x
Thu, 17 Jul 2025NOK 23.8bNOK 10.3bNOK 299.0m45.6x79.5x2.3x
Sat, 14 Jun 2025NOK 22.0bNOK 10.3bNOK 299.5m43.6x73.3x2.1x
Mon, 12 May 2025NOK 20.0bNOK 10.2bNOK 309.3m37.6x64.6x2x
Wed, 09 Apr 2025NOK 17.5bNOK 10.2bNOK 326.5m34.1x53.5x1.7x
Fri, 07 Mar 2025NOK 18.0bNOK 10.2bNOK 326.2m37.2x55.2x1.8x
Sun, 02 Feb 2025NOK 19.3bNOK 10.0bNOK 323.2m29.6x59.9x1.9x
Tue, 31 Dec 2024NOK 19.3bNOK 10.0bNOK 322.8m29.2x59.9x1.9x
Thu, 28 Nov 2024NOK 19.1bNOK 10.0bNOK 315.1m29.2x60.8x1.9x
Sat, 26 Oct 2024NOK 25.9bNOK 11.4bNOK 286.4m32x90.4x2.3x
Mon, 23 Sep 2024NOK 25.1bNOK 11.4bNOK 296.2m31.9x84.9x2.2x
Wed, 21 Aug 2024NOK 24.1bNOK 11.3bNOK 555.5m15.3x43.3x2.1x
Fri, 19 Jul 2024NOK 23.6bNOK 11.0bNOK 462.9m18.4x51.1x2.1x
Sun, 16 Jun 2024NOK 22.1bNOK 11.0bNOK 460.3m18.7x48x2x
Tue, 14 May 2024NOK 22.4bNOK 11.0bNOK 452.9m19.4x49.5x2x
Thu, 11 Apr 2024NOK 20.9bNOK 10.6bNOK 65.8m22.8x317.7x2x
Sat, 09 Mar 2024NOK 19.8bNOK 10.5bNOK 76.4m23.6x259.5x1.9x
Mon, 05 Feb 2024NOK 28.9bNOK 12.4b-NOK 728,844,082.0017.6x-39.6x2.3x
Wed, 03 Jan 2024NOK 28.2bNOK 12.4b-NOK 729,483,621.0015.9x-38.6x2.3x
Fri, 01 Dec 2023NOK 26.6bNOK 12.4b-NOK 747,422,187.0015.4x-35.6x2.2x
Sun, 29 Oct 2023NOK 24.6bNOK 12.0b-NOK 689,374,741.0014.6x-35.7x2x
Tue, 26 Sep 2023NOK 25.3bNOK 12.0b-NOK 686,193,296.0014.6x-36.9x2.1x
Thu, 24 Aug 2023NOK 25.4bNOK 12.0b-NOK 717,962,164.0013.3x-35.4x2.1x
Sat, 22 Jul 2023NOK 25.9bNOK 11.3b-NOK 858,222,452.009.6x-30.2x2.3x
Mon, 19 Jun 2023NOK 25.2bNOK 11.3b-NOK 940,117,969.0010.2x-26.8x2.2x
Wed, 17 May 2023NOK 25.1bNOK 11.3b-NOK 829,382,945.009.3x-30.3x2.2x
Fri, 14 Apr 2023NOK 24.0bNOK 10.9b-NOK 1,452,913,106.0032.8x-16.5x2.2x
Sun, 12 Mar 2023NOK 24.1bNOK 10.9b-NOK 1,469,672,522.0030.9x-16.4x2.2x
Tue, 07 Feb 2023NOK 27.0bNOK 10.5b-NOK 947,029,895.0026.6x-28.5x2.6x
Thu, 05 Jan 2023NOK 26.1bNOK 10.5b-NOK 934,672,718.0029.5x-27.9x2.5x
Sat, 03 Dec 2022NOK 25.6bNOK 10.5b-NOK 910,611,006.0025.6x-28.1x2.4x
Mon, 31 Oct 2022NOK 23.6bNOK 10.2b-NOK 1,078,540,637.0035.1x-21.9x2.3x
Wed, 28 Sep 2022NOK 23.9bNOK 9.9b-NOK 1,089,121,731.0032.5x-21.9x2.4x
Fri, 26 Aug 2022NOK 24.1bNOK 9.7b-NOK 1,033,942,251.0043.2x-23.3x2.5x
Price to Earnings Ratio

-23.3x


Total Market Cap: NOK 24.1bTotal Earnings: -NOK 1,033,942,251.00Total Revenue: NOK 9.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Application Software Industry Price to Earnings3Y Average 40.5x202320242025
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 78.0x which is higher than its 3-year average PE of 40.4x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.5x.
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 remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.

Industry Comparison

How does Norwegian Application Software compare with similar industries?

NO Market0.95%
Tech5.93%
Software3.81%
Application Software3.81%
Systems Software0%0
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
PEXIP Pexip HoldingNOK 64.008.8%
+NOK 532.9m		90.8%PE37.3x
SMCRT SmartCraftNOK 25.903.6%
+NOK 149.0m		-10.1%PE44.6x
SPIR Spir GroupNOK 10.706.5%
+NOK 86.4m		31.1%PE37.7x
LINK LINK Mobility Group HoldingNOK 35.350.6%
+NOK 56.8m		67.1%PE60.1x
OTEC OtelloNOK 13.603.8%
+NOK 37.3m		72.2%PB1.3x

Latest News

PEXIP
NOK 64.00
Pexip Holding
7D
8.8%
1Y
90.8%
INDCT
NOK 3.64
Induct
7D
-3.2%
1Y
85.7%
LINK
NOK 35.35
LINK Mobility Group Holding
7D
0.6%
1Y
67.1%
ELABS
NOK 12.00
Elliptic Laboratories
7D
-0.2%
1Y
4.9%
SPIR
NOK 10.70
Spir Group
7D
6.5%
1Y
31.1%
SMCRT
NOK 25.90
SmartCraft
7D
3.6%
1Y
-10.1%

SmartCraft (OB:SMCRT) Is Experiencing Growth In Returns On Capital

Jul 08
SmartCraft (OB:SMCRT) Is Experiencing Growth In Returns On Capital
AIX
NOK 5.88
Ayfie International
7D
0.3%
1Y
-33.0%
RIVER
NOK 15.00
River Tech
7D
-2.6%
1Y
-50.7%
SPOT
NOK 0.19
Spotlio
7D
5.6%
1Y
-35.4%

Is Spotlio (OB:SPOT) Weighed On By Its Debt Load?

Jun 22
Is Spotlio (OB:SPOT) Weighed On By Its Debt Load?
OTEC
NOK 13.60
Otello
7D
3.8%
1Y
72.2%