Narrative Update • Sep 10

In the last week, the Integrated Telecom Services industry is up 1.3%, with all of the companies up. In contrast, the industry has lost 19% in the last 12 months. Looking forward, earnings are forecast to decline by 5.7% per year.
Has the Norwegian Integrated Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 17 Sep 2026 | NOK 185.7b | NOK 75.3b | NOK 16.0b | 11.6x | 11.6x | 2.5x |
| Sat, 15 Aug 2026 | NOK 183.6b | NOK 75.3b | NOK 16.0b | 11.5x | 11.5x | 2.4x |
| Mon, 13 Jul 2026 | NOK 198.0b | NOK 76.3b | NOK 16.8b | 11.8x | 11.8x | 2.6x |
| Wed, 10 Jun 2026 | NOK 204.6b | NOK 76.3b | NOK 16.8b | 12.2x | 12.2x | 2.7x |
| Fri, 08 May 2026 | NOK 210.5b | NOK 76.4b | NOK 16.8b | 12.5x | 12.5x | 2.8x |
| Sun, 05 Apr 2026 | NOK 232.9b | NOK 76.5b | NOK 11.0b | 21.2x | 21.2x | 3x |
| Tue, 03 Mar 2026 | NOK 241.2b | NOK 76.5b | NOK 10.9b | 22.1x | 22.1x | 3.2x |
| Thu, 29 Jan 2026 | NOK 217.9b | NOK 80.8b | NOK 10.1b | 21.5x | 21.5x | 2.7x |
| Sat, 27 Dec 2025 | NOK 196.5b | NOK 80.8b | NOK 10.1b | 19.4x | 19.4x | 2.4x |
| Mon, 24 Nov 2025 | NOK 198.3b | NOK 80.8b | NOK 10.1b | 19.6x | 19.6x | 2.5x |
| Wed, 22 Oct 2025 | NOK 226.6b | NOK 80.6b | NOK 10.2b | 22.2x | 22.2x | 2.8x |
| Fri, 19 Sep 2025 | NOK 226.1b | NOK 80.6b | NOK 10.2b | 22.1x | 22.1x | 2.8x |
| Sun, 17 Aug 2025 | NOK 226.1b | NOK 80.6b | NOK 10.2b | 22.1x | 22.1x | 2.8x |
| Tue, 15 Jul 2025 | NOK 215.2b | NOK 80.2b | NOK 9.3b | 23.2x | 23.2x | 2.7x |
| Thu, 12 Jun 2025 | NOK 209.3b | NOK 80.2b | NOK 9.3b | 22.5x | 22.5x | 2.6x |
| Sat, 10 May 2025 | NOK 209.3b | NOK 80.2b | NOK 9.3b | 22.5x | 22.5x | 2.6x |
| Mon, 07 Apr 2025 | NOK 199.8b | NOK 79.9b | NOK 18.6b | 10.7x | 10.7x | 2.5x |
| Wed, 05 Mar 2025 | NOK 200.7b | NOK 79.9b | NOK 19.4b | 10.4x | 10.4x | 2.5x |
| Fri, 31 Jan 2025 | NOK 188.9b | NOK 80.4b | NOK 9.7b | 19.6x | 19.5x | 2.4x |
| Sun, 29 Dec 2024 | NOK 174.0b | NOK 80.4b | NOK 9.7b | 17.9x | 17.9x | 2.2x |
| Tue, 26 Nov 2024 | NOK 180.3b | NOK 80.4b | NOK 9.7b | 18.6x | 18.6x | 2.2x |
| Thu, 24 Oct 2024 | NOK 179.2b | NOK 80.4b | NOK 9.1b | 19.7x | 19.7x | 2.2x |
| Sat, 21 Sep 2024 | NOK 184.7b | NOK 80.4b | NOK 9.1b | 20.3x | 20.3x | 2.3x |
| Mon, 19 Aug 2024 | NOK 175.5b | NOK 80.4b | NOK 9.1b | 19.3x | 19.3x | 2.2x |
| Wed, 17 Jul 2024 | NOK 167.6b | NOK 80.7b | NOK 7.4b | 22.5x | 22.5x | 2.1x |
| Fri, 14 Jun 2024 | NOK 170.9b | NOK 80.7b | NOK 7.4b | 23x | 23x | 2.1x |
| Sun, 12 May 2024 | NOK 174.9b | NOK 80.7b | NOK 7.4b | 23.5x | 23.5x | 2.2x |
| Tue, 09 Apr 2024 | NOK 169.5b | NOK 80.5b | -NOK 4,881,000,000.00 | n/a | -34.7x | 2.1x |
| Thu, 07 Mar 2024 | NOK 158.4b | NOK 80.5b | -NOK 4,881,000,000.00 | n/a | -32.5x | 2x |
| Sat, 03 Feb 2024 | NOK 160.3b | NOK 101.3b | NOK 8.4b | 19x | 19.1x | 1.6x |
| Mon, 01 Jan 2024 | NOK 161.6b | NOK 101.3b | NOK 8.4b | 19.2x | 19.2x | 1.6x |
| Wed, 29 Nov 2023 | NOK 158.9b | NOK 101.3b | NOK 8.4b | 18.9x | 18.9x | 1.6x |
| Fri, 27 Oct 2023 | NOK 159.5b | NOK 100.7b | NOK 6.4b | 24.9x | 25x | 1.6x |
| Sun, 24 Sep 2023 | NOK 171.1b | NOK 100.7b | NOK 6.4b | 26.7x | 26.8x | 1.7x |
26.8x
How does Norwegian Integrated Telecom Services compare with similar industries?
| NO Market | 0.82% | |
| Telecom | 0.42% | |
| Telecom Services and Carriers | 1.34% | |
| Integrated Telecom Services | 1.34% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TEL Telenor | NOK 135.20 | 0.6% +NOK 1.1b | -19.1% | PE11.5x |