Norwegian (OSEAX) Electronic Equipment and Components Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies9
- 7D0.4%
- 3M-11.8%
- 1Y-21.0%
- YTD-7.8%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Kitron gained 4.1%. As for the longer term, the industry has declined 21% in the last year. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Norwegian Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | kr13.5b | kr12.9b | kr34.7m | 18.5x | 390.1x | 1x |
| Tue, 16 Apr 2024 | kr14.1b | kr13.1b | kr105.4m | 16.5x | 133.6x | 1.1x |
| Thu, 14 Mar 2024 | kr14.4b | kr12.9b | kr112.6m | 16.9x | 128.2x | 1.1x |
| Sat, 10 Feb 2024 | kr14.5b | kr11.8b | kr19.2m | 20.7x | 756.9x | 1.2x |
| Mon, 08 Jan 2024 | kr16.1b | kr12.9b | kr21.6m | 18.5x | 743.1x | 1.2x |
| Wed, 06 Dec 2023 | kr15.3b | kr13.2b | kr22.4m | 17.7x | 683.5x | 1.2x |
| Fri, 03 Nov 2023 | kr14.2b | kr13.2b | -kr25,359,177.00 | 19.4x | -561.9x | 1.1x |
| Sun, 01 Oct 2023 | kr15.8b | kr12.4b | -kr34,706,099.00 | 18.4x | -454.2x | 1.3x |
| Tue, 29 Aug 2023 | kr16.2b | kr12.6b | -kr70,619,294.00 | 22x | -228.9x | 1.3x |
| Thu, 27 Jul 2023 | kr16.0b | kr12.2b | -kr87,920,647.00 | 22.1x | -182.4x | 1.3x |
| Sat, 24 Jun 2023 | kr16.5b | kr12.1b | -kr195,434,188.00 | 25.1x | -84.6x | 1.4x |
| Mon, 22 May 2023 | kr17.6b | kr11.9b | -kr241,893,703.00 | 30.6x | -72.9x | 1.5x |
| Wed, 19 Apr 2023 | kr15.1b | kr11.0b | -kr361,302,201.00 | 31.8x | -41.7x | 1.4x |
| Fri, 17 Mar 2023 | kr14.4b | kr11.0b | -kr327,540,483.00 | 29.7x | -43.9x | 1.3x |
| Sun, 12 Feb 2023 | kr13.0b | kr9.8b | -kr434,634,190.00 | 24.8x | -30x | 1.3x |
| Tue, 10 Jan 2023 | kr13.0b | kr9.8b | -kr421,850,384.00 | 23.4x | -30.9x | 1.3x |
| Thu, 08 Dec 2022 | kr12.5b | kr9.8b | -kr430,001,140.00 | 20x | -29x | 1.3x |
| Sat, 05 Nov 2022 | kr12.6b | kr9.7b | -kr396,210,794.00 | 20.8x | -31.8x | 1.3x |
| Mon, 03 Oct 2022 | kr11.1b | kr8.7b | -kr482,249,339.00 | 20.4x | -23.1x | 1.3x |
| Wed, 31 Aug 2022 | kr11.9b | kr8.7b | -kr444,708,948.00 | 22.2x | -26.8x | 1.4x |
| Fri, 29 Jul 2022 | kr12.3b | kr8.5b | -kr417,485,362.00 | 24.4x | -29.4x | 1.4x |
| Sun, 26 Jun 2022 | kr11.2b | kr7.9b | -kr419,834,570.00 | 23.7x | -26.6x | 1.4x |
| Tue, 24 May 2022 | kr12.1b | kr7.9b | -kr381,976,262.00 | 24.8x | -31.7x | 1.5x |
| Thu, 21 Apr 2022 | kr14.3b | kr7.2b | -kr356,573,940.00 | 29.4x | -40.1x | 2x |
| Sat, 19 Mar 2022 | kr14.7b | kr7.2b | -kr361,596,219.00 | 30.3x | -40.7x | 2.1x |
| Mon, 14 Feb 2022 | kr15.8b | kr7.2b | -kr349,950,003.00 | 28.4x | -45.3x | 2.2x |
| Wed, 12 Jan 2022 | kr17.6b | kr7.3b | -kr342,609,223.00 | 29.3x | -51.4x | 2.4x |
| Fri, 10 Dec 2021 | kr17.0b | kr7.3b | -kr349,168,746.00 | 21.7x | -48.7x | 2.3x |
| Sun, 07 Nov 2021 | kr16.0b | kr7.2b | -kr319,944,496.00 | 21.4x | -50.1x | 2.2x |
| Tue, 05 Oct 2021 | kr15.9b | kr7.4b | -kr291,565,480.00 | 20.8x | -54.5x | 2.2x |
| Thu, 02 Sep 2021 | kr17.7b | kr7.4b | -kr292,338,003.28 | 21.1x | -60.4x | 2.4x |
| Sat, 31 Jul 2021 | kr15.8b | kr7.4b | -kr292,338,003.28 | 20.7x | -53.9x | 2.1x |
Price to Earnings Ratio
-55.1x
Current Industry PE
- Investors are optimistic on the Norwegian Electronic industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 887x which is higher than its 3-year average PE of 2.0x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- Total earnings for the Electronic industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Norwegian Tech industry?
| NO Market | -1.02% | |
| Tech | 0.20% | |
| Electronic Equipment and Components | 0.43% | |
| Electronic Manufacturing Services | 4.07% | |
| Technology Distributors | 0% | |
| Electronic Equipment and Instruments | -2.02% | |
| Electronic Components | -7.67% | |
Industry PE
- Investors are most optimistic about the Electronic Manufacturing Services industry even though it's trading below its 3-year average PE ratio of 19.6x.
- Analysts are expecting annual earnings growth of 9.2%, which is lower than the prior year's growth of 19.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Instruments industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 9.2% 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 | |
|---|---|---|---|---|---|
| KIT Kitron | kr31.70 | 4.1% +kr244.9m | -30.9% | PE12.2x | |
| XPLRA Xplora Technologies | kr13.75 | 9.6% +kr53.0m | 59.9% | PS0.9x | |
| ZWIPE Zwipe | kr0.64 | 8.5% +kr5.0m | -85.0% | PS30.3x |