Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Norwegian (OSEAX) Telecom Sector Analysis

UpdatedApr 10, 2026
DataAggregated Company Financials
Companies6
  • 7D0.2%
  • 3M10.3%
  • 1Y11.4%
  • YTD10.1%

Over the last 7 days, the Telecom industry has remained flat. The past year has been better, since the industry has gained 15% in that time. Earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 10 Apr 2026NOK 288.0bNOK 86.5bNOK 10.3b1849.5x28x3.3x
Sun, 08 Mar 2026NOK 290.7bNOK 86.5bNOK 10.2b55.3x28.4x3.4x
Tue, 03 Feb 2026NOK 281.6bNOK 92.7bNOK 11.6b43.3x24.2x3x
Thu, 01 Jan 2026NOK 264.1bNOK 92.7bNOK 11.6b42.6x22.7x2.8x
Sat, 29 Nov 2025NOK 263.8bNOK 92.7bNOK 11.6b43.7x22.7x2.8x
Mon, 27 Oct 2025NOK 298.9bNOK 92.5bNOK 17.5b24.3x17.1x3.2x
Wed, 24 Sep 2025NOK 299.7bNOK 92.5bNOK 17.5b26.1x17.1x3.2x
Fri, 22 Aug 2025NOK 313.3bNOK 92.5bNOK 18.1b11.9x17.3x3.4x
Sun, 20 Jul 2025NOK 311.3bNOK 91.3bNOK 18.1b12.2x17.2x3.4x
Tue, 17 Jun 2025NOK 290.1bNOK 92.2bNOK 12.4b22.4x23.3x3.1x
Thu, 15 May 2025NOK 284.9bNOK 92.2bNOK 12.5b13.7x22.8x3.1x
Sat, 12 Apr 2025NOK 265.8bNOK 91.9bNOK 24.0b8.2x11.1x2.9x
Mon, 10 Mar 2025NOK 268.6bNOK 91.9bNOK 24.7b8.3x10.9x2.9x
Wed, 05 Feb 2025NOK 271.2bNOK 100.0bNOK 30.6b5.4x8.9x2.7x
Fri, 03 Jan 2025NOK 260.7bNOK 100.0bNOK 30.6b5.6x8.5x2.6x
Sun, 01 Dec 2024NOK 266.7bNOK 100.0bNOK 30.6b5.7x8.7x2.7x
Tue, 29 Oct 2024NOK 264.8bNOK 100.1bNOK 30.0b6.6x8.8x2.6x
Thu, 26 Sep 2024NOK 266.2bNOK 99.8bNOK 26.4b7.2x10.1x2.7x
Sat, 24 Aug 2024NOK 248.4bNOK 99.8bNOK 26.4b7.4x9.4x2.5x
Mon, 22 Jul 2024NOK 247.2bNOK 99.9bNOK 25.8b6.4x9.6x2.5x
Wed, 19 Jun 2024NOK 242.6bNOK 100.1bNOK 24.0b6.9x10.1x2.4x
Fri, 17 May 2024NOK 395.3bNOK 121.4bNOK 22.4b8.3x17.7x3.3x
Sun, 14 Apr 2024NOK 384.7bNOK 121.1bNOK 10.4b4.3x37x3.2x
Tue, 12 Mar 2024NOK 367.4bNOK 120.7bNOK 10.5b20.7x35.1x3x
Thu, 08 Feb 2024NOK 371.9bNOK 141.0bNOK 4.2b19.1x89.2x2.6x
Sat, 06 Jan 2024NOK 390.6bNOK 145.2bNOK 3.1b40x125.2x2.7x
Mon, 04 Dec 2023NOK 378.2bNOK 145.8bNOK 2.6b38.1x148x2.6x
Wed, 01 Nov 2023NOK 346.9bNOK 145.8bNOK 1.2b14.8x281.2x2.4x
Fri, 29 Sep 2023NOK 369.5bNOK 144.2b-NOK 17,488,856,881.0026x-21.1x2.6x
Sun, 27 Aug 2023NOK 313.3bNOK 144.0b-NOK 18,346,924,013.0025.2x-17.1x2.2x
Tue, 25 Jul 2023NOK 306.3bNOK 143.1b-NOK 17,726,143,173.00158.6x-17.3x2.1x
Thu, 22 Jun 2023NOK 309.9bNOK 143.1b-NOK 25,284,359,934.00163.8x-12.3x2.2x
Sat, 20 May 2023NOK 325.1bNOK 142.5b-NOK 24,675,100,575.00155.4x-13.2x2.3x
Mon, 17 Apr 2023NOK 328.5bNOK 140.9b-NOK 32,166,275,849.0051.3x-10.2x2.3x
Price to Earnings Ratio

-10.2x


Total Market Cap: NOK 328.5bTotal Earnings: -NOK 32,166,275,849.00Total Revenue: NOK 140.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 25.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the Norwegian Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 25.9x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.3x.
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 Market0.037%
Telecom0.20%
Interactive Media and Services1.08%
Media0.75%
Entertainment0.48%
Telecom Services and Carriers0%0
Wireless Telecom0%0
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 482x.
    • 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 63% over the next 5 years.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 9.4% 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
VEND Vend MarketplacesNOK 244.401.1%
+NOK 474.5m		-14.1%PS8.1x
MENTOR Mentor MedierNOK 21.5043.3%
+NOK 37.4m		n/an/a
5PG 5th Planet GamesNOK 2.100.5%
+NOK 2.7m		119.2%PS106.1x

Latest News

5PG
NOK 2.10
5th Planet Games
7D
0.5%
1Y
119.2%
VEND
NOK 244.40
Vend Marketplaces
7D
1.1%
1Y
-14.1%
POL
NOK 60.20
Polaris Media
7D
-0.5%
1Y
-28.3%