NORBIT ASA (NORBT.OL) Fundamental Analysis & Valuation

OSL:NORBT • NO0010856511

Current stock price

223.4 NOK
-5.4 (-2.36%)
Last:

This NORBT.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. NORBT.OL Profitability Analysis

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.
  • In the past 5 years NORBT always reported a positive cash flow from operatings.
NORBT.OL Yearly Net Income VS EBIT VS OCF VS FCFNORBT.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 15.35%, NORBT belongs to the top of the industry, outperforming 98.18% of the companies in the same industry.
  • NORBT's Return On Equity of 33.38% is amongst the best of the industry. NORBT outperforms 100.00% of its industry peers.
  • With an excellent Return On Invested Capital value of 23.08%, NORBT belongs to the best of the industry, outperforming 98.18% 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 7.76%.
  • The 3 year average ROIC (20.37%) for NORBT is below the current ROIC(23.08%), indicating increased profibility in the last year.
Industry RankSector 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%
NORBT.OL Yearly ROA, ROE, ROICNORBT.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • NORBT's Profit Margin of 16.16% is amongst the best of the industry. NORBT outperforms 94.55% of its industry peers.
  • NORBT's Profit Margin has improved in the last couple of years.
  • The Operating Margin of NORBT (22.19%) is better than 96.36% of its industry peers.
  • NORBT's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 55.65%, NORBT is doing good in the industry, outperforming 74.55% of the companies in the same industry.
  • In the last couple of years the Gross Margin of NORBT has remained more or less at the same level.
Industry RankSector 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%
NORBT.OL Yearly Profit, Operating, Gross MarginsNORBT.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • 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.
  • Compared to 1 year ago, NORBT has a worse debt to assets ratio.
NORBT.OL Yearly Shares OutstandingNORBT.OL Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
NORBT.OL Yearly Total Debt VS Total AssetsNORBT.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • An Altman-Z score of 8.29 indicates that NORBT is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of NORBT (8.29) is better than 92.73% 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 76.36% of its industry peers.
  • A Debt/Equity ratio of 0.50 indicates that NORBT is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.50, NORBT is doing worse than 61.82% of the companies in the same industry.
  • 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 RankSector Rank
Debt/Equity 0.5
Debt/FCF 2.39
Altman-Z 8.29
ROIC/WACC2.76
WACC8.37%
NORBT.OL Yearly LT Debt VS Equity VS FCFNORBT.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • A Current Ratio of 1.54 indicates that NORBT should not have too much problems paying its short term obligations.
  • NORBT's Current ratio of 1.54 is in line compared to the rest of the industry. NORBT outperforms 41.82% of its industry peers.
  • NORBT has a Quick Ratio of 1.54. This is a bad value and indicates that NORBT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • NORBT's Quick ratio of 0.62 is on the low side compared to the rest of the industry. NORBT is outperformed by 85.45% 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 RankSector Rank
Current Ratio 1.54
Quick Ratio 0.62
NORBT.OL Yearly Current Assets VS Current LiabilitesNORBT.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

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!
  • The Revenue has been growing by 32.24% on average over the past years. This is a very strong growth!
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

  • The Earnings Per Share is expected to grow by 19.65% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 14.60% on average over the next years. This is quite good.
EPS Next Y36.41%
EPS Next 2Y25.05%
EPS Next 3Y19.65%
EPS Next 5YN/A
Revenue Next Year20.19%
Revenue Next 2Y16.37%
Revenue Next 3Y14.6%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
NORBT.OL Yearly Revenue VS EstimatesNORBT.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
NORBT.OL Yearly EPS VS EstimatesNORBT.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

4

4. NORBT.OL Valuation Analysis

4.1 Price/Earnings Ratio

  • NORBT is valuated quite expensively with a Price/Earnings ratio of 35.35.
  • 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 rather expensively when we compare the Price/Earnings ratio to 27.87, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 25.91, the valuation of NORBT can be described as expensive.
  • NORBT's Price/Forward Earnings is on the same level as the industry average.
  • NORBT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 38.51, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 35.35
Fwd PE 25.91
NORBT.OL Price Earnings VS Forward Price EarningsNORBT.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • NORBT's Enterprise Value to EBITDA is on the same level as the industry average.
  • 69.09% of the companies in the same industry are cheaper than NORBT, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 47.65
EV/EBITDA 21.33
NORBT.OL Per share dataNORBT.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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 19.65% in the coming years.
PEG (NY)0.97
PEG (5Y)0.52
EPS Next 2Y25.05%
EPS Next 3Y19.65%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. NORBT.OL Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.19%, NORBT has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.56, NORBT pays a bit more dividend than its industry peers.
  • NORBT's Dividend Yield is a higher than the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.19%

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

  • 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 Yearly Income VS Free CF VS DividendNORBT.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M 400M
NORBT.OL Dividend Payout.NORBT.OL Dividend Payout, showing the Payout Ratio.NORBT.OL Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

NORBT.OL Fundamentals: All Metrics, Ratios and Statistics

NORBIT ASA

OSL:NORBT (4/17/2026, 7:00:00 PM)

223.4

-5.4 (-2.36%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-11
Earnings (Next)05-12
Inst Owners27.43%
Inst Owner ChangeN/A
Ins Owners1.89%
Ins Owner ChangeN/A
Market Cap14.29B
Revenue(TTM)2.50B
Net Income(TTM)404.40M
Analysts81.67
Price Target214.88 (-3.81%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.19%
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)1.43%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.81%
EPS NY rev (3m)-3.52%
Revenue NQ rev (1m)7.82%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.57%
Revenue NY rev (3m)4.03%
Valuation
Industry RankSector Rank
PE 35.35
Fwd PE 25.91
P/S 5.71
P/FCF 47.65
P/OCF 28.54
P/B 11.79
P/tB 60
EV/EBITDA 21.33
EPS(TTM)6.32
EY2.83%
EPS(NY)8.62
Fwd EY3.86%
FCF(TTM)4.69
FCFY2.1%
OCF(TTM)7.83
OCFY3.5%
SpS39.13
BVpS18.94
TBVpS3.72
PEG (NY)0.97
PEG (5Y)0.52
Graham Number51.9029 (-76.77%)
Profitability
Industry RankSector 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 RankSector 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 8.29
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 Year20.19%
Revenue Next 2Y16.37%
Revenue Next 3Y14.6%
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 4 / 10 to NORBIT ASA (NORBT.OL). This can be considered as Fairly Valued.


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%.