Norwegian (OSEAX) Telecom Sector Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies13
- 7D1.9%
- 3M2.7%
- 1Y-37.9%
- YTD-34.2%
Over the last 7 days, the Telecom industry has risen 1.9%, driven by gains from Telenor of 2.4%. During this same period, the Polaris Media underperformed, falling 8.8%. In contrast, the industry has lost 38% in the last 12 months. Looking forward, earnings are forecast to grow by 29% annually.
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, 27 Nov 2022 | kr298.3b | kr151.0b | -kr34,373,338,323.00 | 16.8x | -8.7x | 2x |
| Tue, 25 Oct 2022 | kr265.7b | kr149.8b | -kr29,476,172,067.00 | 16.8x | -9x | 1.8x |
| Thu, 22 Sep 2022 | kr282.9b | kr149.4b | -kr29,488,741,128.00 | 18.9x | -9.6x | 1.9x |
| Sat, 20 Aug 2022 | kr311.1b | kr144.2b | -kr28,905,200,186.00 | 19.5x | -10.8x | 2.2x |
| Mon, 18 Jul 2022 | kr309.4b | kr143.7b | -kr26,553,882,448.00 | 80.5x | -11.7x | 2.2x |
| Wed, 15 Jun 2022 | kr310.9b | kr143.7b | -kr20,180,967,013.00 | 55x | -15.4x | 2.2x |
| Fri, 13 May 2022 | kr315.0b | kr141.3b | -kr21,278,276,117.00 | 43.2x | -14.8x | 2.2x |
| Sun, 10 Apr 2022 | kr362.9b | kr140.4b | -kr11,398,309,360.00 | 42.2x | -31.8x | 2.6x |
| Tue, 08 Mar 2022 | kr376.1b | kr140.7b | -kr11,459,912,892.00 | 40.8x | -32.8x | 2.7x |
| Thu, 03 Feb 2022 | kr402.2b | kr148.7b | kr15.5b | 56.5x | 25.9x | 2.7x |
| Sat, 01 Jan 2022 | kr443.8b | kr148.7b | kr15.5b | 59.8x | 28.6x | 3x |
| Mon, 29 Nov 2021 | kr478.3b | kr149.0b | kr14.8b | 75.6x | 32.2x | 3.2x |
| Wed, 27 Oct 2021 | kr522.8b | kr146.6b | kr16.6b | 89.1x | 31.4x | 3.6x |
| Fri, 24 Sep 2021 | kr539.3b | kr147.0b | kr16.6b | 77x | 32.5x | 3.7x |
| Sun, 22 Aug 2021 | kr568.1b | kr147.1b | kr16.6b | 78.1x | 34.3x | 3.9x |
| Fri, 09 Jul 2021 | kr532.2b | kr147.1b | kr16.6b | 56x | 32.1x | 3.6x |
| Thu, 01 Apr 2021 | kr426.2b | kr147.0b | kr17.3b | 45.7x | 24.6x | 2.9x |
| Sun, 03 Jan 2021 | kr430.3b | kr148.8b | kr14.6b | 37.8x | 29.4x | 2.9x |
| Wed, 07 Oct 2020 | kr439.7b | kr144.5b | kr10.0b | 21.1x | 43.8x | 3x |
| Tue, 30 Jun 2020 | kr338.4b | kr142.4b | kr5.0b | 28.1x | 67.1x | 2.4x |
| Fri, 03 Apr 2020 | kr336.3b | kr140.7b | kr4.9b | 42.4x | 68.7x | 2.4x |
| Mon, 06 Jan 2020 | kr369.3b | kr138.8b | kr8.8b | 26.3x | 41.9x | 2.7x |
Price to Earnings Ratio
122.4x
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 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 4.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Norwegian Telecom sector?
| NO Market | 3.17% | |
| Telecom | 1.91% | |
| Media | 3.10% | |
| Telecom Services and Carriers | 2.36% | |
| Interactive Media and Services | 0.94% | |
| Entertainment | 0.72% | |
| Wireless Telecom | -8.02% | |
Industry PE
- Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 35.1% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 78% over the next 5 years.
- However this is lower than its past earnings growth rate of 103% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.3% 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 | |
|---|---|---|---|---|---|
| TEL Telenor | kr100.50 | 2.4% +kr3.2b | -26.9% | PE15.2x | |
| SCHA Schibsted | kr185.80 | 4.0% +kr1.7b | -54.2% | PS2.9x | |
| ADE Adevinta | kr80.65 | 0.9% +kr911.7m | -38.9% | PE183.5x | |
| KAHOT Kahoot! | kr25.20 | 1.5% +kr187.3m | -53.4% | PS9x | |
| AINMT AINMT | kr0.29 | 0.5% +kr303.0k | -93.2% | PS0.03x |