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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
  • 7D-2.1%
  • 3M7.2%
  • 1Y24.0%
  • YTD14.8%

Over the last 7 days, the Telecom industry has dropped 2.1%, driven by a pullback from Schibsted of 3.9%. This takes the industry's 12 month performance to a gain of 24%. In the next few years, earnings are forecast to decline by 30% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NOK 263.6bNOK 100.0bNOK 30.7b7.1x8.6x2.6x
Sat, 19 Oct 2024NOK 261.8bNOK 99.8bNOK 26.4b6.2x9.9x2.6x
Mon, 16 Sep 2024NOK 261.1bNOK 99.8bNOK 26.4b7x9.9x2.6x
Wed, 14 Aug 2024NOK 248.7bNOK 99.9bNOK 25.8b6.1x9.6x2.5x
Fri, 12 Jul 2024NOK 245.4bNOK 100.1bNOK 24.0b6.8x10.2x2.5x
Sun, 09 Jun 2024NOK 247.6bNOK 100.1bNOK 24.0b7.1x10.3x2.5x
Tue, 07 May 2024NOK 397.8bNOK 121.5bNOK 22.3b8.4x17.8x3.3x
Thu, 04 Apr 2024NOK 388.8bNOK 121.1bNOK 10.4b4.6x37.5x3.2x
Sat, 02 Mar 2024NOK 370.3bNOK 120.7bNOK 10.5b21.6x35.4x3.1x
Mon, 29 Jan 2024NOK 398.8bNOK 145.3bNOK 3.1b36.8x128x2.7x
Wed, 27 Dec 2023NOK 384.1bNOK 145.1bNOK 3.2b39.3x121x2.6x
Fri, 24 Nov 2023NOK 369.0bNOK 146.1bNOK 2.4b15x156.8x2.5x
Sun, 22 Oct 2023NOK 358.5bNOK 144.9b-NOK 18,184,554,235.0025.1x-19.7x2.5x
Tue, 19 Sep 2023NOK 329.6bNOK 144.6b-NOK 17,901,000,623.0026.2x-18.4x2.3x
Thu, 17 Aug 2023NOK 312.0bNOK 143.8b-NOK 18,398,860,330.0090.6x-17x2.2x
Sat, 15 Jul 2023NOK 293.8bNOK 142.2b-NOK 24,403,794,281.00165.4x-12x2.1x
Mon, 12 Jun 2023NOK 308.0bNOK 142.8b-NOK 24,978,774,501.00167x-12.3x2.2x
Wed, 10 May 2023NOK 333.7bNOK 142.3b-NOK 23,506,415,310.00157.3x-14.2x2.3x
Fri, 07 Apr 2023NOK 318.7bNOK 140.9b-NOK 32,120,531,095.0049.3x-9.9x2.3x
Sun, 05 Mar 2023NOK 329.8bNOK 140.3b-NOK 31,313,317,412.0054x-10.5x2.3x
Tue, 31 Jan 2023NOK 309.9bNOK 152.0b-NOK 34,326,267,870.0017.3x-9x2x
Thu, 29 Dec 2022NOK 262.8bNOK 151.5b-NOK 34,340,468,292.0019.3x-7.7x1.7x
Sat, 26 Nov 2022NOK 298.3bNOK 151.0b-NOK 34,373,338,323.0016.8x-8.7x2x
Mon, 24 Oct 2022NOK 265.7bNOK 149.8b-NOK 29,476,172,067.0016.8x-9x1.8x
Wed, 21 Sep 2022NOK 283.1bNOK 149.6b-NOK 29,476,844,422.0018.9x-9.6x1.9x
Fri, 19 Aug 2022NOK 309.9bNOK 144.2b-NOK 28,903,522,991.0019.8x-10.7x2.2x
Sun, 17 Jul 2022NOK 309.4bNOK 143.7b-NOK 26,553,882,448.0080.5x-11.7x2.2x
Tue, 14 Jun 2022NOK 313.9bNOK 143.6b-NOK 20,178,690,198.0055x-15.6x2.2x
Thu, 12 May 2022NOK 315.0bNOK 141.3b-NOK 21,278,276,117.0043.2x-14.8x2.2x
Sat, 09 Apr 2022NOK 362.9bNOK 140.4b-NOK 11,398,309,360.0042.2x-31.8x2.6x
Mon, 07 Mar 2022NOK 380.9bNOK 140.6b-NOK 11,455,530,706.0041x-33.3x2.7x
Wed, 02 Feb 2022NOK 407.1bNOK 148.7bNOK 15.5b55.6x26.3x2.7x
Fri, 31 Dec 2021NOK 443.8bNOK 148.8bNOK 15.0b59.8x29.6x3x
Sun, 28 Nov 2021NOK 478.3bNOK 146.8bNOK 14.5b75.6x32.9x3.3x
Price to Earnings Ratio

32.9x


Total Market Cap: NOK 478.3bTotal Earnings: NOK 14.5bTotal Revenue: NOK 146.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 13.7x202220232024
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 8.6x which is lower than its 3-year average PE of 13.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 28% 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 Market3.06%
Telecom-2.14%
Entertainment9.01%
Wireless Telecom0%
Telecom Services and Carriers-1.28%
Media-3.96%
Interactive Media and Services-4.00%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 15.5x.
    • Analysts are expecting annual earnings decline of 0.8%, which is lower than the prior year's growth of 36.4% per year.
  • Investors are most pessimistic about the Interactive Media and Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
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 0.8% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 36% per year.
  • In contrast, the Media industry is expected to see its earnings decline by 94% 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
ADE AdevintaNOK 114.200.4%
+NOK 487.3m		41.5%PS6.5x
5PG 5th Planet GamesNOK 1.2912.2%
+NOK 37.6m		-37.0%PE7.5x
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0.4%

1Y

41.5%