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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies13
  • 7D1.9%
  • 3M2.7%
  • 1Y-37.9%
  • YTD-34.2%

Over the last 7 days, the Telecom industry has risen 1.9%, driven by gains from Telenor of 2.4%. During this same period, the Polaris Media underperformed, falling 8.8%. In contrast, the industry has lost 38% in the last 12 months. Looking forward, earnings are forecast to grow by 29% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022kr298.3bkr151.0b-kr34,373,338,323.0016.8x-8.7x2x
Tue, 25 Oct 2022kr265.7bkr149.8b-kr29,476,172,067.0016.8x-9x1.8x
Thu, 22 Sep 2022kr282.9bkr149.4b-kr29,488,741,128.0018.9x-9.6x1.9x
Sat, 20 Aug 2022kr311.1bkr144.2b-kr28,905,200,186.0019.5x-10.8x2.2x
Mon, 18 Jul 2022kr309.4bkr143.7b-kr26,553,882,448.0080.5x-11.7x2.2x
Wed, 15 Jun 2022kr310.9bkr143.7b-kr20,180,967,013.0055x-15.4x2.2x
Fri, 13 May 2022kr315.0bkr141.3b-kr21,278,276,117.0043.2x-14.8x2.2x
Sun, 10 Apr 2022kr362.9bkr140.4b-kr11,398,309,360.0042.2x-31.8x2.6x
Tue, 08 Mar 2022kr376.1bkr140.7b-kr11,459,912,892.0040.8x-32.8x2.7x
Thu, 03 Feb 2022kr402.2bkr148.7bkr15.5b56.5x25.9x2.7x
Sat, 01 Jan 2022kr443.8bkr148.7bkr15.5b59.8x28.6x3x
Mon, 29 Nov 2021kr478.3bkr149.0bkr14.8b75.6x32.2x3.2x
Wed, 27 Oct 2021kr522.8bkr146.6bkr16.6b89.1x31.4x3.6x
Fri, 24 Sep 2021kr539.3bkr147.0bkr16.6b77x32.5x3.7x
Sun, 22 Aug 2021kr568.1bkr147.1bkr16.6b78.1x34.3x3.9x
Fri, 09 Jul 2021kr532.2bkr147.1bkr16.6b56x32.1x3.6x
Thu, 01 Apr 2021kr426.2bkr147.0bkr17.3b45.7x24.6x2.9x
Sun, 03 Jan 2021kr430.3bkr148.8bkr14.6b37.8x29.4x2.9x
Wed, 07 Oct 2020kr439.7bkr144.5bkr10.0b21.1x43.8x3x
Tue, 30 Jun 2020kr338.4bkr142.4bkr5.0b28.1x67.1x2.4x
Fri, 03 Apr 2020kr336.3bkr140.7bkr4.9b42.4x68.7x2.4x
Mon, 06 Jan 2020kr369.3bkr138.8bkr8.8b26.3x41.9x2.7x
Price to Earnings Ratio

122.4x


Total Market Cap: kr374.9bTotal Earnings: kr3.1bTotal Revenue: kr131.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 29.3x202020212022
Current Industry PE
  • Investors are pessimistic on the Norwegian Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 4.6% 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 decreased profits.

Industry Trends

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

NO Market3.17%
Telecom1.91%
Media3.10%
Telecom Services and Carriers2.36%
Interactive Media and Services0.94%
Entertainment0.72%
Wireless Telecom-8.02%
Industry PE
  • Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 35.1% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 78% over the next 5 years.
  • However this is lower than its past earnings growth rate of 103% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.3% 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 Telenorkr100.502.4%
+kr3.2b
-26.9%PE15.2x
SCHA Schibstedkr185.804.0%
+kr1.7b
-54.2%PS2.9x
ADE Adevintakr80.650.9%
+kr911.7m
-38.9%PE183.5x
KAHOT Kahoot!kr25.201.5%
+kr187.3m
-53.4%PS9x
AINMT AINMTkr0.290.5%
+kr303.0k
-93.2%PS0.03x
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Latest News

ADE

kr80.65

Adevinta

7D

0.9%

1Y

-38.9%

5PG

kr2.24

5th Planet Games

7D

-16.1%

1Y

177.6%

AINMT

kr0.29

AINMT

7D

0.5%

1Y

-93.2%

NTEL

kr19.60

Nortel

7D

-9.3%

1Y

-16.9%

SCHA

kr185.80

Schibsted

7D

4.0%

1Y

-54.2%

TEL

kr100.50

Telenor

7D

2.4%

1Y

-26.9%

POL

kr52.00

Polaris Media

7D

-8.8%

1Y

-46.4%

KAHOT

kr25.20

Kahoot!

7D

1.5%

1Y

-53.4%