NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
176.6 NOK
-1 (-0.56%)
Taking everything into account, NORBT scores 8 out of 10 in our fundamental rating. NORBT was compared to 51 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT gets an excellent profitability rating and is at the same time showing great financial health properties. NORBT is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, NORBT could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year NORBT was profitable.
NORBT had a positive operating cash flow in the past year.
In the past 5 years NORBT has always been profitable.
NORBT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 15.01%, NORBT belongs to the best of the industry, outperforming 98.04% of the companies in the same industry.
NORBT has a Return On Equity of 30.32%. This is amongst the best in the industry. NORBT outperforms 98.04% of its industry peers.
The Return On Invested Capital of NORBT (21.79%) is better than 98.04% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NORBT is significantly above the industry average of 7.59%.
The last Return On Invested Capital (21.79%) for NORBT is above the 3 year average (17.33%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.01% | ||
| ROE | 30.32% | ||
| ROIC | 21.79% |
ROA(3y)10.75%
ROA(5y)8.25%
ROE(3y)20.73%
ROE(5y)15.61%
ROIC(3y)17.33%
ROIC(5y)13.48%
1.3 Margins
Looking at the Profit Margin, with a value of 16.96%, NORBT belongs to the top of the industry, outperforming 96.08% of the companies in the same industry.
NORBT's Profit Margin has improved in the last couple of years.
NORBT's Operating Margin of 23.62% is amongst the best of the industry. NORBT outperforms 96.08% of its industry peers.
In the last couple of years the Operating Margin of NORBT has grown nicely.
With a decent Gross Margin value of 60.04%, NORBT is doing good in the industry, outperforming 72.55% of the companies in the same industry.
NORBT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.62% | ||
| PM (TTM) | 16.96% | ||
| GM | 60.04% |
OM growth 3Y29.01%
OM growth 5Y7.42%
PM growth 3Y31.71%
PM growth 5Y3.74%
GM growth 3Y3.52%
GM growth 5Y1.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NORBT is creating value.
Compared to 1 year ago, NORBT has more shares outstanding
The number of shares outstanding for NORBT has been increased compared to 5 years ago.
The debt/assets ratio for NORBT is higher compared to a year ago.
2.2 Solvency
NORBT has an Altman-Z score of 7.71. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of NORBT (7.71) is better than 88.24% of its industry peers.
The Debt to FCF ratio of NORBT is 1.68, which is an excellent value as it means it would take NORBT, only 1.68 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.68, NORBT belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
NORBT has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
NORBT's Debt to Equity ratio of 0.44 is in line compared to the rest of the industry. NORBT outperforms 41.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 7.71 |
ROIC/WACC2.59
WACC8.4%
2.3 Liquidity
NORBT has a Current Ratio of 1.73. This is a normal value and indicates that NORBT is financially healthy and should not expect problems in meeting its short term obligations.
NORBT has a Current ratio (1.73) which is comparable to the rest of the industry.
A Quick Ratio of 0.82 indicates that NORBT may have some problems paying its short term obligations.
NORBT has a Quick ratio of 0.82. This is in the lower half of the industry: NORBT underperforms 74.51% of its industry peers.
NORBT does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 100.34% over the past year.
The Earnings Per Share has been growing by 22.16% on average over the past years. This is a very strong growth
The Revenue has grown by 15.31% in the past year. This is quite good.
The Revenue has been growing by 21.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)100.34%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%47.27%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%35.9%
3.2 Future
The Earnings Per Share is expected to grow by 32.01% on average over the next years. This is a very strong growth
Based on estimates for the next years, NORBT will show a very strong growth in Revenue. The Revenue will grow by 22.28% on average per year.
EPS Next Y86.77%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
EPS Next 5Y32.01%
Revenue Next Year46.47%
Revenue Next 2Y30.13%
Revenue Next 3Y23.86%
Revenue Next 5Y22.28%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 29.78, the valuation of NORBT can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of NORBT indicates a somewhat cheap valuation: NORBT is cheaper than 66.67% of the companies listed in the same industry.
NORBT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.76.
The Price/Forward Earnings ratio is 19.76, which indicates a rather expensive current valuation of NORBT.
The rest of the industry has a similar Price/Forward Earnings ratio as NORBT.
NORBT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.96, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.78 | ||
| Fwd PE | 19.76 |
4.2 Price Multiples
NORBT's Enterprise Value to EBITDA ratio is in line with the industry average.
NORBT's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. NORBT is more expensive than 60.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.75 | ||
| EV/EBITDA | 18.47 |
4.3 Compensation for Growth
NORBT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NORBT has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as NORBT's earnings are expected to grow with 35.86% in the coming years.
PEG (NY)0.34
PEG (5Y)1.34
EPS Next 2Y51.17%
EPS Next 3Y35.86%
5. Dividend
5.1 Amount
NORBT has a Yearly Dividend Yield of 3.35%. Purely for dividend investing, there may be better candidates out there.
NORBT's Dividend Yield is a higher than the industry average which is at 2.80.
NORBT's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.35% |
5.2 History
The dividend of NORBT has a limited annual growth rate of 5.27%.
Dividend Growth(5Y)5.27%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NORBT pays out 52.71% of its income as dividend. This is a bit on the high side, but may be sustainable.
NORBT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.71%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
OSL:NORBT (12/12/2025, 4:19:51 PM)
176.6
-1 (-0.56%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners19.65%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap11.29B
Revenue(TTM)1.75B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (32.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.35% |
Yearly Dividend2.47
Dividend Growth(5Y)5.27%
DP52.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)11.61%
Min EPS beat(2)-1.48%
Max EPS beat(2)24.7%
EPS beat(4)1
Avg EPS beat(4)-5.15%
Min EPS beat(4)-38.62%
Max EPS beat(4)24.7%
EPS beat(8)3
Avg EPS beat(8)-3.9%
EPS beat(12)6
Avg EPS beat(12)2.4%
EPS beat(16)7
Avg EPS beat(16)-3.75%
Revenue beat(2)0
Avg Revenue beat(2)-4.92%
Min Revenue beat(2)-8.1%
Max Revenue beat(2)-1.75%
Revenue beat(4)0
Avg Revenue beat(4)-6.86%
Min Revenue beat(4)-15.14%
Max Revenue beat(4)-1.75%
Revenue beat(8)1
Avg Revenue beat(8)-4.26%
Revenue beat(12)4
Avg Revenue beat(12)0.08%
Revenue beat(16)7
Avg Revenue beat(16)0.56%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.9%
EPS NY rev (1m)-4.83%
EPS NY rev (3m)0.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.78 | ||
| Fwd PE | 19.76 | ||
| P/S | 5.29 | ||
| P/FCF | 33.75 | ||
| P/OCF | 21.96 | ||
| P/B | 9.46 | ||
| P/tB | 45.8 | ||
| EV/EBITDA | 18.47 |
EPS(TTM)5.93
EY3.36%
EPS(NY)8.94
Fwd EY5.06%
FCF(TTM)5.23
FCFY2.96%
OCF(TTM)8.04
OCFY4.55%
SpS33.37
BVpS18.67
TBVpS3.86
PEG (NY)0.34
PEG (5Y)1.34
Graham Number49.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.01% | ||
| ROE | 30.32% | ||
| ROCE | 28.73% | ||
| ROIC | 21.79% | ||
| ROICexc | 21.79% | ||
| ROICexgc | 47.38% | ||
| OM | 23.62% | ||
| PM (TTM) | 16.96% | ||
| GM | 60.04% | ||
| FCFM | 15.68% |
ROA(3y)10.75%
ROA(5y)8.25%
ROE(3y)20.73%
ROE(5y)15.61%
ROIC(3y)17.33%
ROIC(5y)13.48%
ROICexc(3y)18.7%
ROICexc(5y)14.35%
ROICexgc(3y)38.39%
ROICexgc(5y)28.66%
ROCE(3y)22.85%
ROCE(5y)17.76%
ROICexgc growth 3Y38.91%
ROICexgc growth 5Y14.38%
ROICexc growth 3Y27.68%
ROICexc growth 5Y2.09%
OM growth 3Y29.01%
OM growth 5Y7.42%
PM growth 3Y31.71%
PM growth 5Y3.74%
GM growth 3Y3.52%
GM growth 5Y1.89%
F-Score6
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Debt/EBITDA | 0.82 | ||
| Cap/Depr | 126.93% | ||
| Cap/Sales | 8.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.66% | ||
| Profit Quality | 92.43% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 7.71 |
F-Score6
WACC8.4%
ROIC/WACC2.59
Cap/Depr(3y)104.85%
Cap/Depr(5y)141.79%
Cap/Sales(3y)7.72%
Cap/Sales(5y)11.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)100.34%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%47.27%
EPS Next Y86.77%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
EPS Next 5Y32.01%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%35.9%
Revenue Next Year46.47%
Revenue Next 2Y30.13%
Revenue Next 3Y23.86%
Revenue Next 5Y22.28%
EBIT growth 1Y103.14%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year122.32%
EBIT Next 3Y41.75%
EBIT Next 5YN/A
FCF growth 1Y216.86%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y167.12%
OCF growth 3Y108.27%
OCF growth 5Y59.9%
NORBIT ASA / NORBT.OL FAQ
What is the ChartMill fundamental rating of NORBIT ASA (NORBT.OL) stock?
ChartMill assigns a fundamental rating of 8 / 10 to NORBT.OL.
What is the valuation status for NORBT stock?
ChartMill assigns a valuation rating of 4 / 10 to NORBIT ASA (NORBT.OL). This can be considered as Fairly Valued.
Can you provide the profitability details for NORBIT ASA?
NORBIT ASA (NORBT.OL) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for NORBT stock?
The Price/Earnings (PE) ratio for NORBIT ASA (NORBT.OL) is 29.78 and the Price/Book (PB) ratio is 9.46.
Is the dividend of NORBIT ASA sustainable?
The dividend rating of NORBIT ASA (NORBT.OL) is 6 / 10 and the dividend payout ratio is 52.71%.