NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
OSL:NORBT • NO0010856511
198 NOK
+4.4 (+2.27%)
Last: Feb 16, 2026, 04:19 PM
Taking everything into account, NORBT scores 7 out of 10 in our fundamental rating. NORBT was compared to 53 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT scores excellent on profitability, but there are some minor concerns on its financial health. NORBT is growing strongly while it is still valued neutral. This is a good combination! With these ratings, NORBT could be worth investigating further for growth 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.
- 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 15.16%, NORBT belongs to the best of the industry, outperforming 98.11% of the companies in the same industry.
- With an excellent Return On Equity value of 30.22%, NORBT belongs to the best of the industry, outperforming 98.11% of the companies in the same industry.
- With an excellent Return On Invested Capital value of 21.69%, NORBT belongs to the best of the industry, outperforming 98.11% 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 7.61%.
- 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
- Looking at the Profit Margin, with a value of 16.70%, NORBT belongs to the top of the industry, outperforming 96.23% of the companies in the same industry.
- In the last couple of years the Profit Margin of NORBT has grown nicely.
- NORBT has a Operating Margin of 23.17%. This is amongst the best in the industry. NORBT outperforms 96.23% of its industry peers.
- In the last couple of years the Operating Margin of NORBT has grown nicely.
- NORBT's Gross Margin of 58.86% is fine compared to the rest of the industry. NORBT outperforms 73.58% of its industry peers.
- NORBT's Gross Margin has improved in the last couple of years.
| 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NORBT is creating value.
- NORBT has more shares outstanding than it did 1 year ago.
- 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 8.15. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
- NORBT's Altman-Z score of 8.15 is amongst the best of the industry. NORBT outperforms 94.34% of its industry peers.
- NORBT has a debt to FCF ratio of 2.51. This is a good value and a sign of high solvency as NORBT would need 2.51 years to pay back of all of its debts.
- The Debt to FCF ratio of NORBT (2.51) is better than 79.25% 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.
- NORBT has a Debt to Equity ratio of 0.44. This is comparable to the rest of the industry: NORBT outperforms 45.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 8.15 |
ROIC/WACC2.58
WACC8.42%
2.3 Liquidity
- A Current Ratio of 1.79 indicates that NORBT should not have too much problems paying its short term obligations.
- NORBT has a better Current ratio (1.79) than 64.15% of its industry peers.
- NORBT has a Quick Ratio of 1.79. This is a bad value and indicates that NORBT is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.74, NORBT is doing worse than 79.25% of the companies in the same industry.
- 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 | 1.79 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 100.34% over the past year.
- 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.
- NORBT shows a strong growth in Revenue. In the last year, the Revenue has grown by 42.51%.
- 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)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
- NORBT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.28% yearly.
EPS Next Y86.68%
EPS Next 2Y47.42%
EPS Next 3Y34.52%
EPS Next 5Y32.01%
Revenue Next Year46.47%
Revenue Next 2Y30.13%
Revenue Next 3Y23.86%
Revenue Next 5Y22.28%
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.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 33.39, NORBT can be considered very expensive at the moment.
- NORBT's Price/Earnings ratio is a bit cheaper when compared to the industry. NORBT is cheaper than 66.04% of the companies in the same industry.
- NORBT's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.68.
- With a Price/Forward Earnings ratio of 23.30, NORBT is valued on the expensive side.
- 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 28.06. NORBT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.39 | ||
| Fwd PE | 23.3 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NORBT is on the same level as its industry peers.
- 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 67.92% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.7 | ||
| EV/EBITDA | 19.09 |
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.
- A more expensive valuation may be justified as NORBT's earnings are expected to grow with 34.52% in the coming years.
PEG (NY)0.39
PEG (5Y)1.51
EPS Next 2Y47.42%
EPS Next 3Y34.52%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.72%, NORBT has a reasonable but not impressive dividend return.
- NORBT's Dividend Yield is a higher than the industry average which is at 1.50.
- NORBT's Dividend Yield is a higher than the S&P500 average which is at 1.84.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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 50.37% 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.
DP50.37%
EPS Next 2Y47.42%
EPS Next 3Y34.52%
OSL:NORBT (2/16/2026, 4:19:59 PM)
198
+4.4 (+2.27%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-11 2026-02-11/amc
Earnings (Next)N/A N/A
Inst Owners22.15%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap12.66B
Revenue(TTM)2.27B
Net Income(TTM)378.80M
Analysts81.82
Price Target206.55 (4.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
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)-11.96%
PT rev (3m)-11.96%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)-3.26%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-4.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.39 | ||
| Fwd PE | 23.3 | ||
| P/S | 5.58 | ||
| P/FCF | 51.7 | ||
| P/OCF | 29.49 | ||
| P/B | 10.1 | ||
| P/tB | 42.09 | ||
| EV/EBITDA | 19.09 |
EPS(TTM)5.93
EY2.99%
EPS(NY)8.5
Fwd EY4.29%
FCF(TTM)3.83
FCFY1.93%
OCF(TTM)6.71
OCFY3.39%
SpS35.46
BVpS19.6
TBVpS4.7
PEG (NY)0.39
PEG (5Y)1.51
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 | 8.15 |
F-Score6
WACC8.42%
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 Y86.68%
EPS Next 2Y47.42%
EPS Next 3Y34.52%
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 33.39 and the Price/Book (PB) ratio is 10.1.
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%.