Norwegian (OSEAX) Telecom Sector Analysis
- 7D-4.9%
- 3M-17.6%
- 1Y-6.0%
- YTD-9.3%
Over the last 7 days, the Telecom industry has dropped 5.6%, driven by a pullback from Adevinta of 8.1%. Meanwhile, Otello actually outperformed within the industry, gaining 5.3% in the last week. However, the industry is down 4.2% over the past year.
Sector Valuation and Performance
Has the Norwegian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 03 Dec 2021 | kr470.2b | kr148.9b | kr14.9b | 75.5x |
| Sun, 31 Oct 2021 | kr485.8b | kr146.2b | kr14.7b | 83.8x |
| Tue, 28 Sep 2021 | kr522.6b | kr147.0b | kr16.6b | 75.8x |
| Thu, 26 Aug 2021 | kr590.8b | kr147.1b | kr16.6b | 79.4x |
| Fri, 02 Jul 2021 | kr532.2b | kr147.1b | kr16.6b | 56x |
| Mon, 05 Apr 2021 | kr426.2b | kr147.0b | kr17.3b | 45.7x |
| Thu, 07 Jan 2021 | kr430.3b | kr148.8b | kr14.6b | 37.8x |
| Wed, 30 Sep 2020 | kr439.7b | kr144.5b | kr10.0b | 21.1x |
| Sat, 04 Jul 2020 | kr338.4b | kr142.4b | kr5.0b | 28.1x |
| Tue, 07 Apr 2020 | kr336.3b | kr140.7b | kr4.9b | 42.4x |
| Fri, 10 Jan 2020 | kr369.3b | kr138.8b | kr8.8b | 26.3x |
| Thu, 03 Oct 2019 | kr402.4b | kr131.8b | kr3.1b | 69.3x |
| Sun, 07 Jul 2019 | kr388.8b | kr131.5b | kr7.7b | 31.6x |
| Wed, 10 Apr 2019 | kr335.8b | kr128.8b | kr7.3b | 24.1x |
| Tue, 01 Jan 2019 | kr314.3b | kr129.4b | kr8.6b | 20.4x |
18.1x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 75.5x which is higher than its 3-year average PE of 42.7x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Communication Services industry have grown 4.4% per year over the last three years, and revenues for these companies have grown 3.5% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Telecom sector?
| Telecom Services and Carriers | -3.95% | |
| Wireless Telecom | -4.82% | |
| Interactive Media and Services | -4.83% | |
| Media | -4.93% | |
| Entertainment | -11.42% | |
Industry PE: Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 175x. However analysts are expecting annual earnings decline of 109%, which is worse than the prior year's decline of 40% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Telecom Services and Carriers industry, which is trading below its 3-year average of 28.3x.
Forecasted Growth: Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 70% over the next 5 years. Meanwhile, the Media industry is expected to see its earnings decline by 109% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| OTEC Otello | 1.4%+kr39.3m | 24.0% | PS1.2x | |
| BUDS ABBH | 12.9%+kr35.4m | 146.9% | PE86.8x | |
| NTEL Nortel | 0.4%+kr1.4m | 11.8% | n/a |