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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies13
  • 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?

DateMarket CapRevenueEarningsPE
Fri, 03 Dec 2021kr470.2bkr148.9bkr14.9b75.5x
Sun, 31 Oct 2021kr485.8bkr146.2bkr14.7b83.8x
Tue, 28 Sep 2021kr522.6bkr147.0bkr16.6b75.8x
Thu, 26 Aug 2021kr590.8bkr147.1bkr16.6b79.4x
Fri, 02 Jul 2021kr532.2bkr147.1bkr16.6b56x
Mon, 05 Apr 2021kr426.2bkr147.0bkr17.3b45.7x
Thu, 07 Jan 2021kr430.3bkr148.8bkr14.6b37.8x
Wed, 30 Sep 2020kr439.7bkr144.5bkr10.0b21.1x
Sat, 04 Jul 2020kr338.4bkr142.4bkr5.0b28.1x
Tue, 07 Apr 2020kr336.3bkr140.7bkr4.9b42.4x
Fri, 10 Jan 2020kr369.3bkr138.8bkr8.8b26.3x
Thu, 03 Oct 2019kr402.4bkr131.8bkr3.1b69.3x
Sun, 07 Jul 2019kr388.8bkr131.5bkr7.7b31.6x
Wed, 10 Apr 2019kr335.8bkr128.8bkr7.3b24.1x
Tue, 01 Jan 2019kr314.3bkr129.4bkr8.6b20.4x
PE Ratio

18.1x

Total Market Cap: kr318.1bTotal Earnings: kr13.0bTotal Revenue: kr134.1b0%0%0%3 Year10 Year
201920202021

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?

Company7D1YValuation
OTEC Otello1.4%+kr39.3m24.0%PS1.2x
BUDS ABBH12.9%+kr35.4m146.9%PE86.8x
NTEL Nortel0.4%+kr1.4m11.8%n/a
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