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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedFeb 16, 2026
DataAggregated Company Financials
Companies6
  • 7D0.2%
  • 3M12.2%
  • 1Y13.3%
  • YTD13.0%

The Telecom industry has been flat over the last week, but Vend Marketplaces has lost 7.5%. As for the the longer term, the industry is up 13% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Feb 2026NOK 296.6bNOK 86.5bNOK 10.2b61.2x29x3.4x
Thu, 15 Jan 2026NOK 262.3bNOK 92.7bNOK 11.6b42.5x22.6x2.8x
Sat, 13 Dec 2025NOK 262.7bNOK 92.7bNOK 11.6b43.2x22.6x2.8x
Mon, 10 Nov 2025NOK 276.7bNOK 92.7bNOK 11.6b62.8x23.8x3x
Wed, 08 Oct 2025NOK 302.2bNOK 92.5bNOK 17.5b25.3x17.2x3.3x
Fri, 05 Sep 2025NOK 313.1bNOK 92.5bNOK 17.5b27.1x17.9x3.4x
Sun, 03 Aug 2025NOK 307.2bNOK 92.5bNOK 18.1b11.9x17x3.3x
Tue, 01 Jul 2025NOK 295.5bNOK 92.2bNOK 12.4b23.1x23.8x3.2x
Thu, 29 May 2025NOK 289.5bNOK 92.2bNOK 12.5b13.7x23.2x3.1x
Sat, 26 Apr 2025NOK 277.7bNOK 91.9bNOK 24.0b8.6x11.6x3x
Mon, 24 Mar 2025NOK 277.1bNOK 91.9bNOK 24.0b8.5x11.6x3x
Wed, 19 Feb 2025NOK 267.4bNOK 92.3bNOK 15.1b11.1x17.7x2.9x
Fri, 17 Jan 2025NOK 257.1bNOK 100.0bNOK 30.6b5.5x8.4x2.6x
Sun, 15 Dec 2024NOK 262.6bNOK 100.0bNOK 30.6b5.8x8.6x2.6x
Tue, 12 Nov 2024NOK 267.9bNOK 100.0bNOK 30.7b6.9x8.7x2.7x
Thu, 10 Oct 2024NOK 263.9bNOK 99.8bNOK 26.4b7.2x10x2.6x
Sat, 07 Sep 2024NOK 260.6bNOK 99.8bNOK 26.4b7.1x9.9x2.6x
Mon, 05 Aug 2024NOK 251.4bNOK 99.9bNOK 25.8b6.1x9.7x2.5x
Wed, 03 Jul 2024NOK 243.4bNOK 100.1bNOK 24.0b6.6x10.1x2.4x
Fri, 31 May 2024NOK 383.0bNOK 121.5bNOK 22.1b7.2x17.3x3.2x
Sun, 28 Apr 2024NOK 390.4bNOK 121.4bNOK 10.0b4.4x39x3.2x
Tue, 26 Mar 2024NOK 378.1bNOK 121.1bNOK 10.4b20.1x36.2x3.1x
Thu, 22 Feb 2024NOK 372.3bNOK 120.2b-NOK 7,302,365,493.0320.8x-51x3.1x
Sat, 20 Jan 2024NOK 398.5bNOK 145.5bNOK 2.9b38x139.8x2.7x
Mon, 18 Dec 2023NOK 392.1bNOK 145.4bNOK 2.9b39.3x135.2x2.7x
Wed, 15 Nov 2023NOK 363.8bNOK 145.8bNOK 1.1b15.3x322.1x2.5x
Fri, 13 Oct 2023NOK 372.4bNOK 144.6b-NOK 17,898,496,037.0026.2x-20.8x2.6x
Sun, 10 Sep 2023NOK 311.8bNOK 144.4b-NOK 17,684,434,863.0024.2x-17.6x2.2x
Tue, 08 Aug 2023NOK 304.0bNOK 143.2b-NOK 17,782,719,674.0091.9x-17.1x2.1x
Thu, 06 Jul 2023NOK 295.2bNOK 142.8b-NOK 25,037,192,792.00163.8x-11.8x2.1x
Sat, 03 Jun 2023NOK 320.4bNOK 143.3b-NOK 25,448,545,819.00167x-12.6x2.2x
Mon, 01 May 2023NOK 343.6bNOK 141.7b-NOK 17,121,270,820.0050.8x-20.1x2.4x
Wed, 29 Mar 2023NOK 311.5bNOK 140.6b-NOK 31,622,251,310.0048.4x-9.9x2.2x
Fri, 24 Feb 2023NOK 323.3bNOK 139.7b-NOK 12,030,471,845.00113.7x-26.9x2.3x
Price to Earnings Ratio

-26.9x


Total Market Cap: NOK 323.3bTotal Earnings: -NOK 12,030,471,845.00Total Revenue: NOK 139.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 23.9x202420252026
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 29.0x which is higher than its 3-year average PE of 23.8x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • Total earnings for the Communication Services industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 15% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

NO Market0.43%
Telecom0.21%
Entertainment17.22%
Telecom Services and Carriers2.02%
Media0%0
Wireless Telecom0%0
Interactive Media and Services-7.51%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 305x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 61% over the next 5 years.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 9.3% 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 TelenorNOK 177.102.1%
+NOK 4.9b		27.8%PE22.2x
5PG 5th Planet GamesNOK 1.0710.9%
+NOK 28.2m		-2.7%PE61.9x

Latest News

POL
NOK 52.50
Polaris Media
7D
-0.9%
1Y
-38.2%
TEL
NOK 177.10
Telenor
7D
2.1%
1Y
27.8%
5PG
NOK 1.07
5th Planet Games
7D
10.9%
1Y
-2.7%
VEND
NOK 238.00
Vend Marketplaces
7D
-11.9%
1Y
-24.4%