NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
176.2 NOK
-3.4 (-1.89%)
Taking everything into account, NORBT scores 7 out of 10 in our fundamental rating. NORBT was compared to 55 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT has an excellent profitability rating, but there are some minor concerns on its financial health. NORBT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make NORBT suitable for growth investing!
1. Profitability
1.1 Basic Checks
- In the past year NORBT was profitable.
- In the past year NORBT had a positive cash flow from operations.
- 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
- NORBT has a Return On Assets of 15.16%. This is amongst the best in the industry. NORBT outperforms 98.18% of its industry peers.
- Looking at the Return On Equity, with a value of 30.22%, NORBT belongs to the top of the industry, outperforming 96.36% of the companies in the same industry.
- NORBT's Return On Invested Capital of 21.69% is amongst the best of the industry. NORBT outperforms 96.36% of its industry peers.
- NORBT had an Average Return On Invested Capital over the past 3 years of 17.33%. This is significantly above the industry average of 7.92%.
- The 3 year average ROIC (17.33%) for NORBT is below the current ROIC(21.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.16% | ||
| ROE | 30.22% | ||
| ROIC | 21.69% |
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
- The Profit Margin of NORBT (16.70%) is better than 96.36% of its industry peers.
- In the last couple of years the Profit Margin of NORBT has grown nicely.
- With an excellent Operating Margin value of 23.17%, NORBT belongs to the best of the industry, outperforming 96.36% of the companies in the same industry.
- In the last couple of years the Operating Margin of NORBT has grown nicely.
- Looking at the Gross Margin, with a value of 58.86%, NORBT is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
- In the last couple of years the Gross Margin of NORBT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.17% | ||
| PM (TTM) | 16.7% | ||
| GM | 58.86% |
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.
- The number of shares outstanding for NORBT has been increased compared to 1 year ago.
- NORBT has more shares outstanding than it did 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 7.72. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
- NORBT's Altman-Z score of 7.72 is amongst the best of the industry. NORBT outperforms 90.91% of its industry peers.
- The Debt to FCF ratio of NORBT is 2.51, which is a good value as it means it would take NORBT, 2.51 years of fcf income to pay off all of its debts.
- NORBT has a better Debt to FCF ratio (2.51) than 78.18% of its industry peers.
- NORBT has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.44, NORBT is in line with its industry, outperforming 41.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 7.72 |
ROIC/WACC2.58
WACC8.4%
2.3 Liquidity
- NORBT has a Current Ratio of 1.79. 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 (1.79) which is comparable to the rest of the industry.
- A Quick Ratio of 0.74 indicates that NORBT may have some problems paying its short term obligations.
- NORBT has a worse Quick ratio (0.74) than 78.18% 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 | 1.79 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 100.34% over the past year.
- NORBT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.16% yearly.
- NORBT shows a strong growth in Revenue. In the last year, the Revenue has grown by 42.51%.
- NORBT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.25% yearly.
EPS 1Y (TTM)100.34%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%47.27%
Revenue 1Y (TTM)42.51%
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
- A Price/Earnings ratio of 29.71 indicates a quite expensive valuation of NORBT.
- Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 65.45% of the companies in the same industry.
- NORBT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.33, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 19.72, the valuation of NORBT can be described as rather expensive.
- NORBT's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.12. NORBT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.71 | ||
| Fwd PE | 19.72 |
4.2 Price Multiples
- NORBT's Enterprise Value to EBITDA is on the same level as the industry average.
- 65.45% of the companies in the same industry are cheaper than NORBT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.01 | ||
| EV/EBITDA | 17.76 |
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.
- The excellent profitability rating of NORBT may justify a higher PE ratio.
- NORBT's earnings are expected to grow with 35.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.34
PEG (5Y)1.34
EPS Next 2Y51.17%
EPS Next 3Y35.86%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.19%, NORBT has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.46, NORBT pays a bit more dividend than its industry peers.
- NORBT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
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
- 50.37% of the earnings are spent on dividend by NORBT. 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.
DP50.37%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
OSL:NORBT (1/14/2026, 4:19:45 PM)
176.2
-3.4 (-1.89%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-13 2025-11-13/bmo
Earnings (Next)N/A N/A
Inst Owners22.15%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap11.27B
Revenue(TTM)2.27B
Net Income(TTM)378.80M
Analysts84
Price Target234.6 (33.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.19% |
Yearly Dividend2.47
Dividend Growth(5Y)5.27%
DP50.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.16%
Min EPS beat(2)-26.85%
Max EPS beat(2)-1.48%
EPS beat(4)1
Avg EPS beat(4)-2.21%
Min EPS beat(4)-26.85%
Max EPS beat(4)24.7%
EPS beat(8)3
Avg EPS beat(8)-3.92%
EPS beat(12)6
Avg EPS beat(12)4.73%
EPS beat(16)7
Avg EPS beat(16)-1.05%
Revenue beat(2)0
Avg Revenue beat(2)-6.91%
Min Revenue beat(2)-8.1%
Max Revenue beat(2)-5.73%
Revenue beat(4)0
Avg Revenue beat(4)-4.51%
Min Revenue beat(4)-8.1%
Max Revenue beat(4)-1.75%
Revenue beat(8)1
Avg Revenue beat(8)-4.17%
Revenue beat(12)4
Avg Revenue beat(12)0.33%
Revenue beat(16)7
Avg Revenue beat(16)0.8%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.18%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.25%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.71 | ||
| Fwd PE | 19.72 | ||
| P/S | 4.97 | ||
| P/FCF | 46.01 | ||
| P/OCF | 26.25 | ||
| P/B | 8.99 | ||
| P/tB | 37.46 | ||
| EV/EBITDA | 17.76 |
EPS(TTM)5.93
EY3.37%
EPS(NY)8.94
Fwd EY5.07%
FCF(TTM)3.83
FCFY2.17%
OCF(TTM)6.71
OCFY3.81%
SpS35.46
BVpS19.6
TBVpS4.7
PEG (NY)0.34
PEG (5Y)1.34
Graham Number51.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.16% | ||
| ROE | 30.22% | ||
| ROCE | 28.59% | ||
| ROIC | 21.69% | ||
| ROICexc | 23.54% | ||
| ROICexgc | 53.81% | ||
| OM | 23.17% | ||
| PM (TTM) | 16.7% | ||
| GM | 58.86% | ||
| FCFM | 10.8% |
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 Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.51 | ||
| Debt/EBITDA | 0.83 | ||
| Cap/Depr | 124.85% | ||
| Cap/Sales | 8.13% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 63.78% | ||
| Profit Quality | 64.65% | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 7.72 |
F-Score6
WACC8.4%
ROIC/WACC2.58
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)42.51%
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 1Y101.53%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year122.32%
EBIT Next 3Y41.75%
EBIT Next 5YN/A
FCF growth 1Y149.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y123.59%
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 7 / 10 to NORBT.OL.
Can you provide the valuation status for NORBIT ASA?
ChartMill assigns a valuation rating of 4 / 10 to NORBIT ASA (NORBT.OL). This can be considered as Fairly Valued.
How profitable is NORBIT ASA (NORBT.OL) stock?
NORBIT ASA (NORBT.OL) has a profitability rating of 9 / 10.
What are the PE and PB ratios of NORBIT ASA (NORBT.OL) stock?
The Price/Earnings (PE) ratio for NORBIT ASA (NORBT.OL) is 29.71 and the Price/Book (PB) ratio is 8.99.
Can you provide the dividend sustainability for NORBT stock?
The dividend rating of NORBIT ASA (NORBT.OL) is 6 / 10 and the dividend payout ratio is 50.37%.