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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedSep 18, 2025
DataAggregated Company Financials
Companies5
  • 7D-1.2%
  • 3M8.4%
  • 1Y21.6%
  • YTD22.5%

In the last week, Telecom has been flat. The past year has been better, since the industry has gained 23% in that time. In the next few years, earnings are forecast to decline by 7.6% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Sep 2025NOK 310.6bNOK 92.5bNOK 17.5b26.9x17.7x3.4x
Sat, 16 Aug 2025NOK 313.8bNOK 92.5bNOK 18.1b12.1x17.3x3.4x
Mon, 14 Jul 2025NOK 295.1bNOK 92.2bNOK 12.4b23x23.7x3.2x
Wed, 11 Jun 2025NOK 290.0bNOK 92.2bNOK 12.4b22.6x23.3x3.1x
Fri, 09 May 2025NOK 291.4bNOK 92.2bNOK 12.5b15x23.3x3.2x
Sun, 06 Apr 2025NOK 268.7bNOK 91.9bNOK 24.0b8.4x11.2x2.9x
Tue, 04 Mar 2025NOK 274.1bNOK 91.9bNOK 24.7b8.3x11.1x3x
Thu, 30 Jan 2025NOK 268.9bNOK 100.0bNOK 30.6b5.5x8.8x2.7x
Sat, 28 Dec 2024NOK 257.8bNOK 100.0bNOK 30.6b5.8x8.4x2.6x
Mon, 25 Nov 2024NOK 267.2bNOK 100.0bNOK 30.6b5.7x8.7x2.7x
Wed, 23 Oct 2024NOK 257.5bNOK 99.8bNOK 26.4b6.1x9.8x2.6x
Fri, 20 Sep 2024NOK 260.8bNOK 99.8bNOK 26.4b6.9x9.9x2.6x
Sun, 18 Aug 2024NOK 249.1bNOK 99.9bNOK 25.8b6.2x9.6x2.5x
Tue, 16 Jul 2024NOK 245.5bNOK 100.1bNOK 24.0b6.6x10.2x2.5x
Thu, 13 Jun 2024NOK 242.6bNOK 100.1bNOK 24.0b7x10.1x2.4x
Sat, 11 May 2024NOK 391.8bNOK 121.5bNOK 22.3b8.4x17.5x3.2x
Mon, 08 Apr 2024NOK 390.9bNOK 121.1bNOK 10.4b4.7x37.7x3.2x
Wed, 06 Mar 2024NOK 367.7bNOK 120.8bNOK 10.5b20.9x35.2x3x
Fri, 02 Feb 2024NOK 390.9bNOK 145.4bNOK 3.0b29.3x128.2x2.7x
Sun, 31 Dec 2023NOK 383.9bNOK 145.1bNOK 3.2b39.4x119.5x2.6x
Tue, 28 Nov 2023NOK 375.6bNOK 146.0bNOK 2.4b37.7x154.1x2.6x
Thu, 26 Oct 2023NOK 345.0bNOK 145.1b-NOK 18,391,595,928.0025.1x-18.8x2.4x
Sat, 23 Sep 2023NOK 377.8bNOK 144.4b-NOK 17,697,058,362.0026.7x-21.3x2.6x
Mon, 21 Aug 2023NOK 308.5bNOK 144.0b-NOK 18,481,447,291.0092.2x-16.7x2.1x
Wed, 19 Jul 2023NOK 292.4bNOK 142.2b-NOK 24,469,846,350.00156.1x-11.9x2.1x
Fri, 16 Jun 2023NOK 308.0bNOK 142.6b-NOK 24,832,486,721.00167x-12.4x2.2x
Sun, 14 May 2023NOK 327.9bNOK 142.3b-NOK 24,431,419,495.00159.9x-13.4x2.3x
Tue, 11 Apr 2023NOK 318.7bNOK 141.0b-NOK 32,227,883,611.0049.3x-9.9x2.3x
Thu, 09 Mar 2023NOK 324.4bNOK 140.7b-NOK 31,655,606,754.0050.5x-10.2x2.3x
Sat, 04 Feb 2023NOK 334.2bNOK 152.4b-NOK 34,318,777,722.0017x-9.7x2.2x
Mon, 02 Jan 2023NOK 265.0bNOK 151.5b-NOK 34,339,957,663.0018.8x-7.7x1.7x
Wed, 30 Nov 2022NOK 288.7bNOK 151.3b-NOK 34,383,696,117.0017.9x-8.4x1.9x
Fri, 28 Oct 2022NOK 263.7bNOK 150.6b-NOK 33,845,122,138.0016.7x-7.8x1.8x
Sun, 25 Sep 2022NOK 271.4bNOK 149.6b-NOK 29,484,143,982.0018.1x-9.2x1.8x
Price to Earnings Ratio

-9.2x


Total Market Cap: NOK 271.4bTotal Earnings: -NOK 29,484,143,982.00Total Revenue: NOK 149.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 19.6x202320242025
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 19.5x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.4x.
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 Market0.064%
Telecom-1.22%
Interactive Media and Services0%0
Wireless Telecom0%0
Media-0.82%
Telecom Services and Carriers-0.83%
Entertainment-6.15%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Telecom Services and Carriers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.0x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 9.0% over the next 5 years.
  • However this is lower than its past earnings growth rate of 12% per year.
  • In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 9.0% 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
No data available

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