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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedDec 08, 2023
DataAggregated Company Financials
Companies13
  • 7D2.7%
  • 3M24.5%
  • 1Y42.6%
  • YTD47.9%

The Telecom industry is up 2.9% in the last week, with Telenor up 5.5%. This means that the industry has gained 47% over the past year. Earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

Has the Norwegian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 09 Dec 2023kr387.9bkr146.1bkr2.3b38.2x167.2x2.7x
Mon, 06 Nov 2023kr353.9bkr145.8bkr1.2b14.9x297.6x2.4x
Wed, 04 Oct 2023kr365.8bkr144.3b-kr17,593,757,875.0025.8x-20.8x2.5x
Fri, 01 Sep 2023kr320.3bkr144.0b-kr18,382,632,924.0025.7x-17.4x2.2x
Sun, 30 Jul 2023kr309.0bkr143.3b-kr17,897,589,840.00160.8x-17.3x2.2x
Tue, 27 Jun 2023kr303.0bkr143.0b-kr25,226,050,476.00163.8x-12x2.1x
Thu, 25 May 2023kr319.2bkr143.2b-kr25,429,085,176.00158.6x-12.6x2.2x
Sat, 22 Apr 2023kr331.5bkr141.3b-kr32,532,230,959.0049.8x-10.2x2.3x
Mon, 20 Mar 2023kr321.7bkr141.0b-kr31,962,877,312.0049.3x-10.1x2.3x
Wed, 15 Feb 2023kr332.9bkr139.6b-kr12,060,850,005.0016.5x-27.6x2.4x
Fri, 13 Jan 2023kr290.3bkr151.9b-kr34,329,554,575.0017.9x-8.5x1.9x
Sun, 11 Dec 2022kr275.3bkr151.5b-kr34,342,142,430.0019.9x-8x1.8x
Tue, 08 Nov 2022kr270.1bkr150.7b-kr33,912,243,377.0018.5x-8x1.8x
Thu, 06 Oct 2022kr285.6bkr149.9b-kr29,468,812,878.0019x-9.7x1.9x
Sat, 03 Sep 2022kr303.5bkr146.6b-kr28,442,784,789.0019.5x-10.7x2.1x
Mon, 01 Aug 2022kr309.9bkr144.1b-kr28,838,524,154.0097.3x-10.7x2.2x
Wed, 29 Jun 2022kr331.5bkr143.6b-kr20,172,839,521.0049.5x-16.4x2.3x
Fri, 27 May 2022kr322.5bkr143.5b-kr20,161,476,452.0065.9x-16x2.2x
Sun, 24 Apr 2022kr346.4bkr140.6b-kr11,468,811,148.0026.8x-30.2x2.5x
Tue, 22 Mar 2022kr388.5bkr140.4b-kr11,427,747,269.0041.9x-34x2.8x
Thu, 17 Feb 2022kr375.0bkr141.0b-kr11,827,964,093.0029.9x-31.7x2.7x
Sat, 15 Jan 2022kr425.5bkr148.7bkr15.5b53.8x27.4x2.9x
Mon, 13 Dec 2021kr443.2bkr148.9bkr14.9b75.9x29.8x3x
Wed, 10 Nov 2021kr499.1bkr146.3bkr14.6b84.2x34.1x3.4x
Fri, 08 Oct 2021kr511.2bkr146.8bkr16.6b80.1x30.8x3.5x
Sun, 05 Sep 2021kr560.8bkr147.1bkr16.6b77.5x33.9x3.8x
Tue, 03 Aug 2021kr560.4bkr147.1bkr16.6b82.1x33.8x3.8x
Fri, 07 May 2021kr452.1bkr147.0bkr17.3b68.9x26.1x3.1x
Mon, 08 Feb 2021kr410.3bkr148.8bkr14.6b37.7x28.1x2.8x
Price to Earnings Ratio

29.4x


Total Market Cap: kr430.3bTotal Earnings: kr14.6bTotal Revenue: kr148.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 12.3x20222023
Current Industry PE
  • Investors are optimistic on the Norwegian Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 176x which is higher than its 3-year average PE of 12.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 47% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Norwegian Telecom sector?

NO Market-0.92%
Telecom2.65%
Telecom Services and Carriers5.25%
Media1.58%
Interactive Media and Services0.45%
Wireless Telecom0%
Entertainment-0.23%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 17.1x.
    • Analysts are expecting annual earnings decline of 12.4%, which is lower than the prior year's growth of 114.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 106% over the next 5 years.
  • This is better than its past earnings decline of 97% per year.
  • In contrast, the Media industry is expected to see its earnings decline by 79% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
TEL Telenorkr123.205.3%
+kr8.5b
32.2%PE20.3x
SCHA Schibstedkr274.201.7%
+kr1.0b
41.5%PE4x
ADE Adevintakr112.000.4%
+kr609.1m
61.4%PS6.5x
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