NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - OSL:NORBT - NO0010856511 - Common Stock
180.8 NOK
-8 (-4.24%)
NORBT gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 52 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT gets an excellent profitability rating and is at the same time showing great financial health properties. NORBT is not priced too expensively while it is growing strongly. Keep and eye on this one! 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.
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's Return On Assets of 15.01% is amongst the best of the industry. NORBT outperforms 98.08% of its industry peers.
Looking at the Return On Equity, with a value of 30.32%, NORBT belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
NORBT has a better Return On Invested Capital (21.79%) than 98.08% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NORBT is significantly above the industry average of 6.77%.
The 3 year average ROIC (17.33%) for NORBT is below the current ROIC(21.79%), indicating increased profibility in the last year.
| 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
NORBT has a better Profit Margin (16.96%) than 98.08% of its industry peers.
NORBT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 23.62%, NORBT belongs to the top of the industry, outperforming 98.08% of the companies in the same industry.
In the last couple of years the Operating Margin of NORBT has grown nicely.
NORBT has a Gross Margin of 60.04%. This is in the better half of the industry: NORBT outperforms 75.00% of its industry peers.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NORBT is creating value.
NORBT has more shares outstanding than it did 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.
2.2 Solvency
An Altman-Z score of 8.07 indicates that NORBT is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 8.07, NORBT belongs to the best of the industry, outperforming 94.23% of the companies in the same industry.
The Debt to FCF ratio of NORBT is 1.68, which is an excellent value as it means it would take NORBT, only 1.68 years of fcf income to pay off all of its debts.
NORBT has a Debt to FCF ratio of 1.68. This is amongst the best in the industry. NORBT outperforms 82.69% 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 (0.44) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 8.07 |
ROIC/WACC2.59
WACC8.41%
2.3 Liquidity
NORBT has a Current Ratio of 1.73. This is a normal value and indicates that NORBT is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.73, NORBT perfoms like the industry average, outperforming 59.62% 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.
NORBT has a worse Quick ratio (0.82) than 75.00% 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 103.96%, which is quite impressive.
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 37.87%.
Measured over the past years, NORBT shows a very strong growth in Revenue. The Revenue has been growing by 21.25% on average per year.
EPS 1Y (TTM)103.96%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%71.67%
Revenue 1Y (TTM)37.87%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
3.2 Future
Based on estimates for the next years, NORBT will show a very strong growth in Earnings Per Share. The EPS will grow by 32.84% on average per year.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 31.89, which means the current valuation is very expensive for NORBT.
Compared to the rest of the industry, the Price/Earnings ratio of NORBT indicates a somewhat cheap valuation: NORBT is cheaper than 63.46% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of NORBT to the average of the S&P500 Index (26.34), we can say NORBT is valued slightly more expensively.
The Price/Forward Earnings ratio is 20.14, 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.
NORBT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 34.43, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.89 | ||
| Fwd PE | 20.14 |
4.2 Price Multiples
NORBT's Enterprise Value to EBITDA ratio is in line with the industry average.
NORBT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.56 | ||
| EV/EBITDA | 19.58 |
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 36.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)1.44
EPS Next 2Y51.52%
EPS Next 3Y36.31%
5. Dividend
5.1 Amount
NORBT has a Yearly Dividend Yield of 1.56%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.99, NORBT has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.36, NORBT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
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.
The dividend of NORBT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.71%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
OSL:NORBT (11/13/2025, 4:19:49 PM)
180.8
-8 (-4.24%)
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 Cap11.56B
Revenue(TTM)2.13B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (29.76%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
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)17.95%
EPS NQ rev (1m)1.9%
EPS NQ rev (3m)-10.42%
EPS NY rev (1m)1.78%
EPS NY rev (3m)26.38%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)-13.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.89 | ||
| Fwd PE | 20.14 | ||
| P/S | 5.42 | ||
| P/FCF | 34.56 | ||
| P/OCF | 22.49 | ||
| P/B | 9.68 | ||
| P/tB | 46.89 | ||
| EV/EBITDA | 19.58 |
EPS(TTM)5.67
EY3.14%
EPS(NY)8.98
Fwd EY4.96%
FCF(TTM)5.23
FCFY2.89%
OCF(TTM)8.04
OCFY4.45%
SpS33.37
BVpS18.67
TBVpS3.86
PEG (NY)0.33
PEG (5Y)1.44
Graham Number48.81
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 | 8.07 |
F-Score6
WACC8.41%
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)103.96%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%71.67%
EPS Next Y96.25%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
EPS Next 5Y32.85%
Revenue 1Y (TTM)37.87%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
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 31.89 and the Price/Book (PB) ratio is 9.68.
Is the dividend of NORBIT ASA sustainable?
The dividend rating of NORBIT ASA (NORBT.OL) is 4 / 10 and the dividend payout ratio is 52.71%.