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Norwegian (OSEAX) Telecom Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies6
- 7D-3.3%
- 3M-4.4%
- 1Y10.6%
- YTD10.3%
Over the last 7 days, the Telecom industry has dropped 3.3%, driven by a pullback from Schibsted of 6.8%. In the past year, the industry has gained 11%. Looking forward, earnings are forecast to decline by 28% per year.
Sector Valuation and Performance
Has the Norwegian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | NOK 253.8b | NOK 100.0b | NOK 30.6b | 5.5x | 8.3x | 2.5x |
| Tue, 19 Nov 2024 | NOK 268.0b | NOK 100.0b | NOK 30.7b | 6.6x | 8.7x | 2.7x |
| Thu, 17 Oct 2024 | NOK 269.7b | NOK 99.8b | NOK 26.4b | 6.5x | 10.2x | 2.7x |
| Sat, 14 Sep 2024 | NOK 261.1b | NOK 99.8b | NOK 26.4b | 7x | 9.9x | 2.6x |
| Mon, 12 Aug 2024 | NOK 245.8b | NOK 99.9b | NOK 25.8b | 6.2x | 9.5x | 2.5x |
| Wed, 10 Jul 2024 | NOK 244.3b | NOK 100.1b | NOK 24.0b | 7x | 10.2x | 2.4x |
| Fri, 07 Jun 2024 | NOK 247.1b | NOK 100.1b | NOK 24.0b | 7x | 10.3x | 2.5x |
| Sun, 05 May 2024 | NOK 395.0b | NOK 121.5b | NOK 22.3b | 8.4x | 17.7x | 3.3x |
| Tue, 02 Apr 2024 | NOK 385.6b | NOK 121.3b | NOK 10.4b | 4.6x | 37.2x | 3.2x |
| Thu, 29 Feb 2024 | NOK 372.0b | NOK 120.4b | -NOK 7,501,731,013.30 | 20.7x | -49.6x | 3.1x |
| Sat, 27 Jan 2024 | NOK 398.8b | NOK 145.3b | NOK 3.1b | 36.8x | 128x | 2.7x |
| Mon, 25 Dec 2023 | NOK 384.1b | NOK 145.1b | NOK 3.2b | 39.2x | 121.8x | 2.6x |
| Wed, 22 Nov 2023 | NOK 357.9b | NOK 145.4b | NOK 1.4b | 14.9x | 254.2x | 2.5x |
| Fri, 20 Oct 2023 | NOK 359.2b | NOK 144.8b | -NOK 18,098,932,958.00 | 25x | -19.8x | 2.5x |
| Sun, 17 Sep 2023 | NOK 328.0b | NOK 144.5b | -NOK 17,789,693,389.00 | 25.8x | -18.4x | 2.3x |
| Tue, 15 Aug 2023 | NOK 311.7b | NOK 143.7b | -NOK 18,222,053,014.00 | 90.6x | -17.1x | 2.2x |
| Thu, 13 Jul 2023 | NOK 291.7b | NOK 142.2b | -NOK 24,420,315,992.00 | 163.8x | -11.9x | 2.1x |
| Sat, 10 Jun 2023 | NOK 308.0b | NOK 142.8b | -NOK 24,977,502,107.00 | 167x | -12.3x | 2.2x |
| Mon, 08 May 2023 | NOK 335.0b | NOK 142.4b | -NOK 23,594,728,557.00 | 157.3x | -14.2x | 2.4x |
| Wed, 05 Apr 2023 | NOK 320.5b | NOK 140.7b | -NOK 31,942,293,977.00 | 49.3x | -10x | 2.3x |
| Fri, 03 Mar 2023 | NOK 325.4b | NOK 140.4b | -NOK 31,356,826,023.00 | 53.2x | -10.4x | 2.3x |
| Sun, 29 Jan 2023 | NOK 312.9b | NOK 151.9b | -NOK 34,328,958,849.00 | 17.3x | -9.1x | 2.1x |
| Tue, 27 Dec 2022 | NOK 263.1b | NOK 151.5b | -NOK 34,341,108,661.00 | 20.1x | -7.7x | 1.7x |
| Thu, 24 Nov 2022 | NOK 291.2b | NOK 150.9b | -NOK 33,896,981,503.00 | 17.1x | -8.6x | 1.9x |
| Sat, 22 Oct 2022 | NOK 265.7b | NOK 149.8b | -NOK 29,476,172,067.00 | 16.8x | -9x | 1.8x |
| Mon, 19 Sep 2022 | NOK 284.3b | NOK 149.5b | -NOK 29,481,640,322.00 | 17.5x | -9.6x | 1.9x |
| Wed, 17 Aug 2022 | NOK 317.2b | NOK 144.2b | -NOK 28,901,854,214.00 | 20x | -11x | 2.2x |
| Fri, 15 Jul 2022 | NOK 316.2b | NOK 143.6b | -NOK 19,684,167,878.00 | 85.9x | -16.1x | 2.2x |
| Sun, 12 Jun 2022 | NOK 325.2b | NOK 143.4b | -NOK 20,169,858,667.00 | 55x | -16.1x | 2.3x |
| Tue, 10 May 2022 | NOK 309.5b | NOK 145.7b | -NOK 21,354,034,942.00 | 42.8x | -14.5x | 2.1x |
| Thu, 07 Apr 2022 | NOK 350.4b | NOK 140.5b | -NOK 11,407,716,626.00 | 41.8x | -30.7x | 2.5x |
| Sat, 05 Mar 2022 | NOK 363.7b | NOK 138.7b | -NOK 11,677,171,951.00 | 41x | -31.1x | 2.6x |
| Mon, 31 Jan 2022 | NOK 394.5b | NOK 148.8b | NOK 15.5b | 54x | 25.5x | 2.7x |
| Wed, 29 Dec 2021 | NOK 447.2b | NOK 148.8b | NOK 15.0b | 65.6x | 29.9x | 3x |
Price to Earnings Ratio
29.9x
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 8.3x which is lower than its 3-year average PE of 13.1x.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 27% per year over the last three years.
- Meanwhile revenues for these companies have declined 12% per year.
- This means that less sales are being generated overall, but since 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 | -2.76% | |
| Telecom | -3.28% | |
| Entertainment | 1.75% | |
| Interactive Media and Services | 0% | |
| Wireless Telecom | 0% | |
| Telecom Services and Carriers | -1.57% | |
| Media | -6.67% | |
Industry PE
- Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 15.7x.
- Analysts are expecting annual earnings growth of 0.7%, which is lower than the prior year's growth of 36.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 0.7% over the next 5 years.
- In contrast, the Media industry is expected to see its earnings decline by 90% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ADE Adevinta | NOK 114.20 | 0.4% +NOK 487.3m | 41.5% | PS6.5x | |
| MENTOR Mentor Medier | NOK 12.00 | 33.3% +NOK 17.3m | n/a | n/a | |
| 5PG 5th Planet Games | NOK 1.16 | 1.8% +NOK 5.4m | -42.4% | PS16.7x |