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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedApr 25, 2025
DataAggregated Company Financials
Companies6
  • 7D-0.8%
  • 3M6.0%
  • 1Y11.5%
  • YTD6.6%

Over the last 7 days, the Telecom industry has dropped 1.2%, driven by pullbacks in Telenor and Schibsted of 0.9% and 2.2%, respectively. In the past year, the industry has gained 10%. As for the next few years, earnings are forecast to decline by 12% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 25 Apr 2025NOK 276.0bNOK 91.9bNOK 24.0b8.5x11.5x3x
Sun, 23 Mar 2025NOK 277.1bNOK 91.9bNOK 24.0b8.5x11.6x3x
Tue, 18 Feb 2025NOK 267.6bNOK 92.3bNOK 15.1b11.2x17.7x2.9x
Thu, 16 Jan 2025NOK 256.5bNOK 100.0bNOK 30.6b5.4x8.4x2.6x
Sat, 14 Dec 2024NOK 262.6bNOK 100.0bNOK 30.6b5.8x8.6x2.6x
Mon, 11 Nov 2024NOK 269.9bNOK 100.0bNOK 30.7b6.8x8.8x2.7x
Wed, 09 Oct 2024NOK 261.2bNOK 99.8bNOK 26.4b7.1x9.9x2.6x
Fri, 06 Sep 2024NOK 259.1bNOK 99.8bNOK 26.4b6.9x9.8x2.6x
Sun, 04 Aug 2024NOK 251.4bNOK 99.9bNOK 25.8b6.1x9.7x2.5x
Tue, 02 Jul 2024NOK 243.4bNOK 100.1bNOK 24.0b6.7x10.1x2.4x
Thu, 30 May 2024NOK 397.4bNOK 121.5bNOK 22.1b7.6x18x3.3x
Sat, 27 Apr 2024NOK 390.4bNOK 121.4bNOK 10.4b4.3x37.6x3.2x
Mon, 25 Mar 2024NOK 379.3bNOK 121.1bNOK 10.4b20x36.3x3.1x
Wed, 21 Feb 2024NOK 377.3bNOK 120.1b-NOK 7,281,746,146.9320.6x-51.8x3.1x
Fri, 19 Jan 2024NOK 397.0bNOK 145.5bNOK 2.8b38.7x141.4x2.7x
Sun, 17 Dec 2023NOK 392.1bNOK 145.4bNOK 2.9b39.3x135.2x2.7x
Tue, 14 Nov 2023NOK 366.1bNOK 145.8bNOK 1.1b15.5x331.9x2.5x
Thu, 12 Oct 2023NOK 370.6bNOK 144.5b-NOK 17,846,642,532.0026.1x-20.8x2.6x
Sat, 09 Sep 2023NOK 311.8bNOK 144.3b-NOK 17,674,986,096.0024.2x-17.6x2.2x
Mon, 07 Aug 2023NOK 305.7bNOK 143.2b-NOK 17,744,049,367.0091.2x-17.2x2.1x
Wed, 05 Jul 2023NOK 298.1bNOK 142.8b-NOK 25,019,617,811.00163.8x-11.9x2.1x
Fri, 02 Jun 2023NOK 320.3bNOK 143.4b-NOK 25,587,871,396.00175x-12.5x2.2x
Sun, 30 Apr 2023NOK 343.6bNOK 141.7b-NOK 17,121,270,820.0050.8x-20.1x2.4x
Tue, 28 Mar 2023NOK 324.9bNOK 140.8b-NOK 31,779,599,009.0048.6x-10.2x2.3x
Thu, 23 Feb 2023NOK 325.9bNOK 139.8b-NOK 12,029,184,669.00115.3x-27.1x2.3x
Sat, 21 Jan 2023NOK 304.9bNOK 151.9b-NOK 34,330,240,681.0017.1x-8.9x2x
Mon, 19 Dec 2022NOK 265.0bNOK 151.5b-NOK 34,341,246,962.0019.4x-7.7x1.7x
Wed, 16 Nov 2022NOK 304.6bNOK 150.8b-NOK 33,896,282,264.0019x-9x2x
Fri, 14 Oct 2022NOK 270.9bNOK 149.7b-NOK 29,478,804,767.0018x-9.2x1.8x
Sun, 11 Sep 2022NOK 304.7bNOK 148.7b-NOK 29,328,910,016.0019.3x-10.4x2x
Tue, 09 Aug 2022NOK 314.9bNOK 144.1b-NOK 28,836,855,815.00105x-10.9x2.2x
Thu, 07 Jul 2022NOK 329.5bNOK 143.6b-NOK 19,679,737,260.0094.8x-16.7x2.3x
Sat, 04 Jun 2022NOK 326.5bNOK 143.3b-NOK 20,156,433,912.0065.9x-16.2x2.3x
Mon, 02 May 2022NOK 348.3bNOK 145.4b-NOK 11,585,253,674.0026x-30.1x2.4x
Price to Earnings Ratio

-30.1x


Total Market Cap: NOK 348.3bTotal Earnings: -NOK 11,585,253,674.00Total Revenue: NOK 145.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 14.9x202320242025
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 industry is trading at a PE ratio of 11.5x which is lower than its 3-year average PE of 14.9x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.0x.
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 14% 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 Market-0.027%
Telecom-0.79%
Interactive Media and Services0%0
Wireless Telecom0%0
Telecom Services and Carriers-0.33%
Entertainment-1.98%
Media-2.06%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings decline of 37.6%, which is less than its past year's earnings decline of 72.5%.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Telecom Services and Carriers industry since they expect its earnings to decline by only 3.8% per year over the next 5 years, which isn't as bad as the other industries.
  • In contrast, the Media industry is expected to see its earnings decline by 38% 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
POL Polaris MediaNOK 84.000.6%
+NOK 24.5m		11.3%PE6.1x
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