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poLight ASAPLT.OLCompetitor analysis, valuation and peers

Norway · NOK·Information Technology›Electronic Components
Momentum leader 94
Mkt cap
$281M
US dollars, full cap
Free float
84%
of shares outstanding
$/day
$1.81M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-132.2 pp
WACC 5.8%
Hurdle
n/a
no reverse DCF
Next earnings
110 days
24 Feb 2027
Close · NOKNOK 12.12
1D-6.9%
1W-6.5%
1M-15.5%
3M-7.8%
6M+78.5%
YTD+83.9%
1Y+70.9%
ATR %8.6%
52w lowhigh32.3% off high

What poLight does

Employees: 27

poLight at a glance

Size poLight (PLT.OL) is a Norway Information Technology company (Electronic Components) with a market value of $281M, the 115th largest of 115 Norway companies the cockpit tracks. Shares closed at NOK 12.12 on 6 Nov 2026.

Performance Over six months the shares gained 78.5%, against -16.5% for the median peer and +2.7% for the Norway market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 245.1% over the last twelve months (peer median +11.9%); the operating margin is -277.8% (peer median 6.7%).

Valuation It trades at 69.3× enterprise value to sales against a peer median of 1.1× (most expensive of 21).

Capital Return on invested capital runs 132.2 points below its cost of capital (5.8% WACC).

Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).

Relative performance

10020011 May 202611 Aug 20266 Nov 2026PLT.OL 182Peer median 80
Six months, rebased to 100: poLight against the median of its 20 peers (local-currency closes).

poLight financials

Reported figures in NOK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNOK 34.2MNOK 20.5MNOK 9.62MNOK 22.5MNOK 13.4M
Revenue growth—+113%-57%+68%—
Gross profitNOK 9.94M-NOK 2.19M-NOK 9.80MNOK 2.49M-NOK 1.77M
EBITDA-NOK 84.8M-NOK 90.8M-NOK 77.1M-NOK 64.3M-NOK 54.5M
Net income-NOK 116M-NOK 118M-NOK 102M-NOK 85.5M-NOK 67.9M
Free cash flow-NOK 79.2M-NOK 92.5M-NOK 71.6M-NOK 95.0M-NOK 72.8M
Capital expenditureNOK 6.30MNOK 1.68MNOK 2.40MNOK 387,000NOK 9.20M
Total debtNOK 10.4MNOK 10.8MNOK 10.7MNOK 3.13MNOK 4.07M

Quarterly statements and history in the cockpit →

poLight competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%0080602375821303364061256958290550683480506885920904606768PACT4771690849271300025540PLT.OL6-month return →1-month return →
Up and to the right = strong over both horizons. poLight is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%0×20×40×60×0080602375821368346885926209PLT.OLRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. poLight is the large dot.

poLight competitors and peer comparison

How poLight compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

poLight against its 20 peers (data as of 6 Nov 2026)
MeasurePLT.OLPeer medianRank in peer set
1-month return-15.5%-24.8%9th highest of 21
6-month return+78.5%-16.5%2nd highest of 21
Distance from 52-week high-32.3%-44.2%7th highest of 21
Revenue growth (TTM)+245.1%+11.9%highest of 21
Operating margin-277.8%6.7%lowest of 21
EV / Sales69.3×1.1×most expensive of 21
ROIC minus cost of capital-132.2 pp-0.5 pplowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
poLight PLT.OLNorway$281M+78%+245%-278%69.3×n/an/a
DAEDUCK 008060.KSSouth Korea$280M-27%+36%10%0.6×-8.6%+233.4%
Kaimei Electronic 2375.TWTaiwan$285M-4%+7%8%1.4×16.9%-3.0%
Taiwan PCB Techvest 8213.TWTaiwan$286M-3%+8%4%0.3×n/an/a
Nepes 033640.KSSouth Korea$273M-50%+11%7%1.3×14.0%+8.7%
Kenmec Mechanical Engineering 6125.TWOTaiwan$291M-37%+29%-10%2.5×n/an/a
CMK 6958.TJapan$270M0%+13%4%0.6×n/an/a
DK Tech 290550.KSSouth Korea$304M-19%+26%6%0.9×n/an/a
Ever Ohms Technology 6834.TWTaiwan$258M+129%+20%7%5.1×n/an/a
iBASE Technology 8050.TWOTaiwan$312M+17%-5%2%2.4×n/an/a
ComNav Technology 688592.SSChina$312M-38%+16%-3%3.1×n/an/a
BH Co., Ltd. 090460.KSSouth Korea$319M-60%+9%4%0.3×-13.0%+20.0%
Tamura 6768.TJapan$339M-22%+8%4%0.6×n/an/a
Axiomtek 3088.TWOTaiwan$340M-14%+35%12%1.2×-3.5%+8.8%
Proact IT PACT.STSweden$354M+8%+4%7%0.7×-5.8%+5.2%
Vizionfocus 4771.TWTaiwan$355M+8%+26%29%3.2×n/an/a
IRISO Electronics 6908.TJapan$359M-28%+10%9%0.6×-7.6%+11.1%
Kinko Optical 6209.TWTaiwan$359M-5%+67%11%2.6×n/an/a
Apex International 4927.TWTaiwan$359M-24%-10%-22%1.8×n/an/a
Trigiant 1300.HKHong Kong$368M-1%+26%12%1.1×-13.0%-2.4%
Korea Electric Terminal 025540.KSSouth Korea$369M-45%-4%8%0.2×n/an/a

Questions

Which companies are poLight's closest peers?
The cockpit's peer set: DAEDUCK (008060.KS), Kaimei Electronic (2375.TW), Taiwan PCB Techvest (8213.TW), Nepes (033640.KS), Kenmec Mechanical Engineering (6125.TWO), CMK (6958.T), DK Tech (290550.KS), Ever Ohms Technology (6834.TW).
Is poLight expensive compared with its peers?
On ev / sales it trades at 69.3× against a peer median of 1.1×, most expensive of 21 in its peer set.
How has poLight stock performed?
Over six months to 6 Nov 2026 the shares returned +78.5% against -16.5% for the median peer; over one year +70.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.