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Norwegian (OSEAX) Telecom Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies7
  • 7D1.0%
  • 3M5.6%
  • 1Y26.7%
  • YTD7.6%

Over the last 7 days, the Telecom industry has risen 1.0%, driven by gains from Schibsted of 2.2%. This takes the industry's 12 month performance to a gain of 27%. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 19 May 2024kr397.9bkr121.3bkr22.4b8.4x17.8x3.3x
Tue, 16 Apr 2024kr382.8bkr121.1bkr10.4b4.3x36.8x3.2x
Thu, 14 Mar 2024kr370.9bkr120.8bkr10.5b20x35.5x3.1x
Sat, 10 Feb 2024kr368.3bkr120.2b-kr7,335,072,235.5921.7x-50.2x3.1x
Mon, 08 Jan 2024kr390.6bkr145.2bkr3.1b40x125.5x2.7x
Wed, 06 Dec 2023kr384.2bkr146.2bkr2.3b37.9x170.7x2.6x
Fri, 03 Nov 2023kr350.4bkr145.8bkr1.2b14.9x293.4x2.4x
Sun, 01 Oct 2023kr371.2bkr144.1b-kr17,460,058,832.0026.3x-21.3x2.6x
Tue, 29 Aug 2023kr316.2bkr144.1b-kr18,424,821,520.0025.6x-17.2x2.2x
Thu, 27 Jul 2023kr305.7bkr143.3b-kr17,858,192,843.00162.2x-17.1x2.1x
Sat, 24 Jun 2023kr303.0bkr143.3b-kr25,464,865,237.00165.4x-11.9x2.1x
Mon, 22 May 2023kr325.1bkr142.6b-kr24,702,998,666.00155.4x-13.2x2.3x
Wed, 19 Apr 2023kr338.0bkr141.1b-kr32,286,745,852.0050.3x-10.5x2.4x
Fri, 17 Mar 2023kr318.3bkr141.0b-kr31,945,576,737.0050.3x-10x2.3x
Sun, 12 Feb 2023kr333.2bkr139.5b-kr12,063,479,555.0016.5x-27.6x2.4x
Tue, 10 Jan 2023kr282.7bkr151.7b-kr34,334,941,631.0018.3x-8.2x1.9x
Thu, 08 Dec 2022kr266.5bkr151.6b-kr34,342,515,933.0019.9x-7.8x1.8x
Sat, 05 Nov 2022kr270.5bkr150.5b-kr33,864,847,691.0018.6x-8x1.8x
Mon, 03 Oct 2022kr266.9bkr150.2b-kr29,456,838,550.0018.1x-9.1x1.8x
Wed, 31 Aug 2022kr303.4bkr146.3b-kr28,403,139,463.0020.2x-10.7x2.1x
Fri, 29 Jul 2022kr299.9bkr144.2b-kr28,837,106,854.0090.1x-10.4x2.1x
Sun, 26 Jun 2022kr331.7bkr143.7b-kr20,172,559,867.0055x-16.4x2.3x
Tue, 24 May 2022kr321.2bkr141.4b-kr21,310,153,800.0043.1x-15.1x2.3x
Thu, 21 Apr 2022kr350.9bkr140.5b-kr11,408,299,620.0041.3x-30.8x2.5x
Sat, 19 Mar 2022kr395.1bkr140.5b-kr11,431,800,461.0047.6x-34.6x2.8x
Mon, 14 Feb 2022kr378.1bkr141.0b-kr11,898,353,157.0065.4x-31.8x2.7x
Wed, 12 Jan 2022kr435.9bkr148.7bkr15.5b59.5x28.1x2.9x
Fri, 10 Dec 2021kr445.4bkr149.0bkr14.9b76.6x29.9x3x
Sun, 07 Nov 2021kr503.6bkr146.3bkr14.6b84.5x34.4x3.4x
Tue, 05 Oct 2021kr524.7bkr146.9bkr16.6b79.3x31.6x3.6x
Thu, 02 Sep 2021kr577.8bkr147.1bkr16.6b78x34.9x3.9x
Sat, 31 Jul 2021kr552.4bkr147.1bkr16.6b81.9x33.4x3.8x
Price to Earnings Ratio

25.4x


Total Market Cap: kr441.0bTotal Earnings: kr17.3bTotal Revenue: kr147.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Telecom Sector Price to Earnings3Y Average 17.2x202220232024
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 17.2x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 8.9% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.2% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Norwegian Telecom sector?

NO Market-1.02%
Telecom1.03%
Media2.00%
Telecom Services and Carriers1.35%
Interactive Media and Services0.09%
Wireless Telecom0%
Entertainment-3.14%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 14.0x.
    • Analysts are expecting annual earnings growth of 8.0%, which is lower than the prior year's growth of 142.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Interactive Media and Services industry, expecting annual earnings growth of 75% over the next 5 years.
  • In contrast, the Media industry is expected to see its earnings decline by 89% 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
SCHA Schibstedkr340.802.2%
+kr4.4b		65.4%PE4.8x
TEL Telenorkr128.001.3%
+kr2.4b		8.1%PE23.8x
ADE Adevintakr114.000.09%
+kr121.8m		39.0%PS6.6x
BUDS ABBHkr1.4047.4%
+kr3.5m		-89.9%PE0.2x
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