NORBIT ASA (NORBT.OL) Fundamental Analysis & Valuation
OSL:NORBT • NO0010856511
Current stock price
227.6 NOK
+2.2 (+0.98%)
Last:
This NORBT.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. NORBT.OL Profitability Analysis
1.1 Basic Checks
- NORBT had positive earnings in the past year.
- In the past year NORBT had a positive cash flow from operations.
- Each year in the past 5 years NORBT has been profitable.
- Each year in the past 5 years NORBT had a positive operating cash flow.
1.2 Ratios
- NORBT has a Return On Assets of 15.35%. This is amongst the best in the industry. NORBT outperforms 97.87% of its industry peers.
- NORBT's Return On Equity of 33.38% is amongst the best of the industry. NORBT outperforms 100.00% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 23.08%, NORBT belongs to the top of the industry, outperforming 97.87% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for NORBT is significantly above the industry average of 7.73%.
- The 3 year average ROIC (20.37%) for NORBT is below the current ROIC(23.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.35% | ||
| ROE | 33.38% | ||
| ROIC | 23.08% |
ROA(3y)12.95%
ROA(5y)10.5%
ROE(3y)25.92%
ROE(5y)21.03%
ROIC(3y)20.37%
ROIC(5y)16.77%
1.3 Margins
- Looking at the Profit Margin, with a value of 16.16%, NORBT belongs to the top of the industry, outperforming 95.74% of the companies in the same industry.
- NORBT's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 22.19%, NORBT belongs to the best of the industry, outperforming 95.74% of the companies in the same industry.
- NORBT's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 55.65%, NORBT is in the better half of the industry, outperforming 72.34% of the companies in the same industry.
- NORBT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.19% | ||
| PM (TTM) | 16.16% | ||
| GM | 55.65% |
OM growth 3Y20.31%
OM growth 5Y25.37%
PM growth 3Y20.91%
PM growth 5Y29.65%
GM growth 3Y1.68%
GM growth 5Y1.09%
2. NORBT.OL Health Analysis
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
- Compared to 5 years ago, NORBT has more shares outstanding
- NORBT has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 8.26 indicates that NORBT is not in any danger for bankruptcy at the moment.
- NORBT has a Altman-Z score of 8.26. This is amongst the best in the industry. NORBT outperforms 91.49% of its industry peers.
- NORBT has a debt to FCF ratio of 2.39. This is a good value and a sign of high solvency as NORBT would need 2.39 years to pay back of all of its debts.
- NORBT has a Debt to FCF ratio of 2.39. This is in the better half of the industry: NORBT outperforms 76.60% of its industry peers.
- A Debt/Equity ratio of 0.50 indicates that NORBT is not too dependend on debt financing.
- NORBT has a worse Debt to Equity ratio (0.50) than 65.96% of its industry peers.
- Although NORBT's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 2.39 | ||
| Altman-Z | 8.26 |
ROIC/WACC2.76
WACC8.37%
2.3 Liquidity
- A Current Ratio of 1.54 indicates that NORBT should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.54, NORBT is in line with its industry, outperforming 40.43% of the companies in the same industry.
- A Quick Ratio of 0.62 indicates that NORBT may have some problems paying its short term obligations.
- With a Quick ratio value of 0.62, NORBT is not doing good in the industry: 87.23% of the companies in the same industry are doing better.
- The current and quick ratio evaluation for NORBT is rather negative, while it does have 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 | 1.54 | ||
| Quick Ratio | 0.62 |
3. NORBT.OL Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 61.64% over the past year.
- The Earnings Per Share has been growing by 67.45% on average over the past years. This is a very strong growth
- The Revenue has grown by 42.90% in the past year. This is a very strong growth!
- NORBT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 32.24% yearly.
EPS 1Y (TTM)61.64%
EPS 3Y51.71%
EPS 5Y67.45%
EPS Q2Q%23.49%
Revenue 1Y (TTM)42.9%
Revenue growth 3Y28.94%
Revenue growth 5Y32.24%
Sales Q2Q%42.26%
3.2 Future
- Based on estimates for the next years, NORBT will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.65% on average per year.
- NORBT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.36% yearly.
EPS Next Y36.41%
EPS Next 2Y25.05%
EPS Next 3Y19.65%
EPS Next 5YN/A
Revenue Next Year20.87%
Revenue Next 2Y17.15%
Revenue Next 3Y15.36%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. NORBT.OL Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 36.01, the valuation of NORBT can be described as expensive.
- Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than the industry average as 63.83% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of NORBT to the average of the S&P500 Index (26.64), we can say NORBT is valued slightly more expensively.
- A Price/Forward Earnings ratio of 26.40 indicates a quite expensive valuation of NORBT.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NORBT is on the same level as its industry peers.
- When comparing the Price/Forward Earnings ratio of NORBT to the average of the S&P500 Index (21.36), we can say NORBT is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.01 | ||
| Fwd PE | 26.4 |
4.2 Price Multiples
- NORBT's Enterprise Value to EBITDA is on the same level as the industry average.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of NORBT indicates a slightly more expensive valuation: NORBT is more expensive than 70.21% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.55 | ||
| EV/EBITDA | 21.22 |
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 19.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.99
PEG (5Y)0.53
EPS Next 2Y25.05%
EPS Next 3Y19.65%
5. NORBT.OL Dividend Analysis
5.1 Amount
- NORBT has a Yearly Dividend Yield of 2.20%. 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 1.61.
- Compared to an average S&P500 Dividend Yield of 1.82, NORBT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
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
- 94.54% of the earnings are spent on dividend by NORBT. This is not a sustainable payout ratio.
- NORBT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP94.54%
EPS Next 2Y25.05%
EPS Next 3Y19.65%
NORBT.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:NORBT (4/30/2026, 7:00:00 PM)
227.6
+2.2 (+0.98%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Industry StrengthN/A
Industry GrowthN/A
Earnings (Last)02-11 2026-02-11/bmo
Earnings (Next)05-20 2026-05-20
Inst Owners27.43%
Inst Owner ChangeN/A
Ins Owners1.89%
Ins Owner ChangeN/A
Market Cap14.56B
Revenue(TTM)2.50B
Net Income(TTM)404.40M
Analysts81.67
Price Target251.26 (10.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.2% |
Yearly Dividend6
Dividend Growth(5Y)5.27%
DP94.54%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-28.07%
Min EPS beat(2)-29.3%
Max EPS beat(2)-26.85%
EPS beat(4)1
Avg EPS beat(4)-8.23%
Min EPS beat(4)-29.3%
Max EPS beat(4)24.7%
EPS beat(8)2
Avg EPS beat(8)-7.66%
EPS beat(12)5
Avg EPS beat(12)-1.7%
EPS beat(16)7
Avg EPS beat(16)-0.49%
Revenue beat(2)0
Avg Revenue beat(2)-7.66%
Min Revenue beat(2)-9.59%
Max Revenue beat(2)-5.73%
Revenue beat(4)0
Avg Revenue beat(4)-6.29%
Min Revenue beat(4)-9.59%
Max Revenue beat(4)-1.75%
Revenue beat(8)1
Avg Revenue beat(8)-5.35%
Revenue beat(12)3
Avg Revenue beat(12)-2.1%
Revenue beat(16)6
Avg Revenue beat(16)-0.26%
PT rev (1m)2.27%
PT rev (3m)-8.41%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.81%
EPS NY rev (3m)1.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.14%
Revenue NY rev (3m)4.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.01 | ||
| Fwd PE | 26.4 | ||
| P/S | 5.82 | ||
| P/FCF | 48.55 | ||
| P/OCF | 29.08 | ||
| P/B | 12.01 | ||
| P/tB | 61.13 | ||
| EV/EBITDA | 21.22 |
EPS(TTM)6.32
EY2.78%
EPS(NY)8.62
Fwd EY3.79%
FCF(TTM)4.69
FCFY2.06%
OCF(TTM)7.83
OCFY3.44%
SpS39.13
BVpS18.94
TBVpS3.72
PEG (NY)0.99
PEG (5Y)0.53
Graham Number51.9029 (-77.2%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.35% | ||
| ROE | 33.38% | ||
| ROCE | 30.13% | ||
| ROIC | 23.08% | ||
| ROICexc | 25.26% | ||
| ROICexgc | 59.83% | ||
| OM | 22.19% | ||
| PM (TTM) | 16.16% | ||
| GM | 55.65% | ||
| FCFM | 11.98% |
ROA(3y)12.95%
ROA(5y)10.5%
ROE(3y)25.92%
ROE(5y)21.03%
ROIC(3y)20.37%
ROIC(5y)16.77%
ROICexc(3y)22.26%
ROICexc(5y)18.06%
ROICexgc(3y)49.46%
ROICexgc(5y)38.53%
ROCE(3y)26.59%
ROCE(5y)21.88%
ROICexgc growth 3Y29.13%
ROICexgc growth 5Y38.01%
ROICexc growth 3Y18.63%
ROICexc growth 5Y27.64%
OM growth 3Y20.31%
OM growth 5Y25.37%
PM growth 3Y20.91%
PM growth 5Y29.65%
GM growth 3Y1.68%
GM growth 5Y1.09%
F-Score6
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 2.39 | ||
| Debt/EBITDA | 0.85 | ||
| Cap/Depr | 127.92% | ||
| Cap/Sales | 8.02% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.27% | ||
| Profit Quality | 74.13% | ||
| Current Ratio | 1.54 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 8.26 |
F-Score6
WACC8.37%
ROIC/WACC2.76
Cap/Depr(3y)112.03%
Cap/Depr(5y)111.74%
Cap/Sales(3y)7.76%
Cap/Sales(5y)8.27%
Profit Quality(3y)106.97%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)61.64%
EPS 3Y51.71%
EPS 5Y67.45%
EPS Q2Q%23.49%
EPS Next Y36.41%
EPS Next 2Y25.05%
EPS Next 3Y19.65%
EPS Next 5YN/A
Revenue 1Y (TTM)42.9%
Revenue growth 3Y28.94%
Revenue growth 5Y32.24%
Sales Q2Q%42.26%
Revenue Next Year20.87%
Revenue Next 2Y17.15%
Revenue Next 3Y15.36%
Revenue Next 5YN/A
EBIT growth 1Y60.75%
EBIT growth 3Y55.12%
EBIT growth 5Y65.79%
EBIT Next Year48.21%
EBIT Next 3Y22.92%
EBIT Next 5YN/A
FCF growth 1Y4.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y16.15%
OCF growth 3Y80.08%
OCF growth 5Y40.29%
NORBIT ASA / NORBT.OL Fundamental Analysis FAQ
What is the ChartMill fundamental rating of NORBIT ASA (NORBT.OL) stock?
ChartMill assigns a fundamental rating of 7 / 10 to NORBT.OL.
What is the valuation status of NORBIT ASA (NORBT.OL) stock?
ChartMill assigns a valuation rating of 3 / 10 to NORBIT ASA (NORBT.OL). This can be considered as Overvalued.
What is the profitability of NORBT stock?
NORBIT ASA (NORBT.OL) has a profitability rating of 9 / 10.
Can you provide the financial health for NORBT stock?
The financial health rating of NORBIT ASA (NORBT.OL) is 6 / 10.
How sustainable is the dividend of NORBIT ASA (NORBT.OL) stock?
The dividend rating of NORBIT ASA (NORBT.OL) is 4 / 10 and the dividend payout ratio is 94.54%.