NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
177.4 NOK
+8.2 (+4.85%)
Overall NORBT gets a fundamental rating of 8 out of 10. We evaluated NORBT against 52 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making NORBT a very profitable company, without any liquidiy or solvency issues. NORBT is growing strongly while it is still valued neutral. This is a good combination! These ratings would make NORBT suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
NORBT had positive earnings in the past year.
NORBT had a positive operating cash flow in the past year.
NORBT had positive earnings in each of the past 5 years.
In the past 5 years NORBT always reported a positive cash flow from operatings.
1.2 Ratios
NORBT has a Return On Assets of 15.01%. This is amongst the best in the industry. NORBT outperforms 98.11% of its industry peers.
NORBT has a better Return On Equity (30.32%) than 98.11% of its industry peers.
NORBT's Return On Invested Capital of 21.79% is amongst the best of the industry. NORBT outperforms 98.11% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORBT is significantly above the industry average of 7.36%.
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 96.23% of the companies in the same industry.
NORBT's Profit Margin has improved in the last couple of years.
NORBT has a better Operating Margin (23.62%) than 96.23% 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 73.58% 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
NORBT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
NORBT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NORBT has more shares outstanding
The debt/assets ratio for NORBT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.71 indicates that NORBT is not in any danger for bankruptcy at the moment.
The Altman-Z score of NORBT (7.71) is better than 90.57% of its industry peers.
NORBT has a debt to FCF ratio of 1.68. This is a very positive value and a sign of high solvency as it would only need 1.68 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.68, NORBT belongs to the best of the industry, outperforming 83.02% of the companies in the same industry.
A Debt/Equity ratio of 0.44 indicates that NORBT is not too dependend on debt financing.
NORBT has a Debt to Equity ratio of 0.44. This is comparable to the rest of the industry: NORBT outperforms 41.51% 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
A Current Ratio of 1.73 indicates that NORBT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.73, NORBT is doing good in the industry, outperforming 62.26% of the companies in the same industry.
A Quick Ratio of 0.82 indicates that NORBT may have some problems paying its short term obligations.
The Quick ratio of NORBT (0.82) is worse than 75.47% 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
NORBT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 100.34%, which is quite impressive.
Measured over the past years, NORBT shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.16% on average per year.
The Revenue has grown by 15.31% in the past year. This is quite good.
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)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%35.9%
3.2 Future
NORBT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.84% yearly.
Based on estimates for the next years, NORBT will show a very strong growth in Revenue. The Revenue will grow by 22.59% on average per year.
EPS Next Y96.25%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
EPS Next 5Y32.85%
Revenue Next Year47.25%
Revenue Next 2Y29.84%
Revenue Next 3Y23.83%
Revenue Next 5Y22.59%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
The Price/Earnings ratio is 29.92, which means the current valuation is very expensive for NORBT.
64.15% of the companies in the same industry are more expensive than NORBT, based on the Price/Earnings ratio.
NORBT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.47.
The Price/Forward Earnings ratio is 19.76, which indicates a rather expensive current 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.
The average S&P500 Price/Forward Earnings ratio is at 34.42. NORBT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.92 | ||
| Fwd PE | 19.76 |
4.2 Price Multiples
NORBT's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as NORBT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.91 | ||
| EV/EBITDA | 18.45 |
4.3 Compensation for Growth
The 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.
NORBT's earnings are expected to grow with 36.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)1.35
EPS Next 2Y51.52%
EPS Next 3Y36.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.55%, NORBT has a reasonable but not impressive dividend return.
NORBT's Dividend Yield is rather good when compared to the industry average which is at 2.95. NORBT pays more dividend than 83.02% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, NORBT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
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
52.71% 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.
DP52.71%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
OSL:NORBT (11/21/2025, 7:00:00 PM)
177.4
+8.2 (+4.85%)
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 Cap11.34B
Revenue(TTM)1.75B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (32.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
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)-7.73%
EPS NY rev (1m)1.78%
EPS NY rev (3m)5.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.92 | ||
| Fwd PE | 19.76 | ||
| P/S | 5.32 | ||
| P/FCF | 33.91 | ||
| P/OCF | 22.06 | ||
| P/B | 9.5 | ||
| P/tB | 46 | ||
| EV/EBITDA | 18.45 |
EPS(TTM)5.93
EY3.34%
EPS(NY)8.98
Fwd EY5.06%
FCF(TTM)5.23
FCFY2.95%
OCF(TTM)8.04
OCFY4.53%
SpS33.37
BVpS18.67
TBVpS3.86
PEG (NY)0.31
PEG (5Y)1.35
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 Y96.25%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
EPS Next 5Y32.85%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%35.9%
Revenue Next Year47.25%
Revenue Next 2Y29.84%
Revenue Next 3Y23.83%
Revenue Next 5Y22.59%
EBIT growth 1Y103.14%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year125.07%
EBIT Next 3Y41.98%
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 5 / 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 29.92 and the Price/Book (PB) ratio is 9.5.
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%.