NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe • Euronext Oslo • OSL:NORBT • NO0010856511
176 NOK
-9 (-4.86%)
Last: Feb 3, 2026, 04:19 PM
NORBT gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 54 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT has an excellent profitability rating, but there are some minor concerns on its financial health. NORBT is not priced too expensively while it is growing strongly. Keep and eye on this one! Finally NORBT also has an excellent dividend rating. With these ratings, NORBT could be worth investigating further for dividend and growth 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.
- 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 better Return On Assets (15.16%) than 98.15% of its industry peers.
- The Return On Equity of NORBT (30.22%) is better than 96.30% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 21.69%, NORBT belongs to the top of the industry, outperforming 98.15% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for NORBT is significantly above the industry average of 7.70%.
- 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
- NORBT's Profit Margin of 16.70% is amongst the best of the industry. NORBT outperforms 94.44% of its industry peers.
- In the last couple of years the Profit Margin of NORBT has grown nicely.
- NORBT has a better Operating Margin (23.17%) than 94.44% of its industry peers.
- NORBT's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 58.86%, NORBT is in the better half of the industry, outperforming 70.37% of the companies in the same industry.
- In the last couple of years the Gross Margin of NORBT has grown nicely.
| 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
- NORBT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- Compared to 1 year ago, NORBT has more shares outstanding
- The number of shares outstanding for NORBT has been increased compared to 5 years ago.
- NORBT has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 7.88 indicates that NORBT is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 7.88, NORBT belongs to the best of the industry, outperforming 92.59% of the companies in the same industry.
- The Debt to FCF ratio of NORBT is 2.51, which is a good value as it means it would take NORBT, 2.51 years of fcf income to pay off all of its debts.
- NORBT's Debt to FCF ratio of 2.51 is fine compared to the rest of the industry. NORBT outperforms 79.63% 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's Debt to Equity ratio of 0.44 is in line compared to the rest of the industry. NORBT outperforms 42.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 7.88 |
ROIC/WACC2.58
WACC8.4%
2.3 Liquidity
- A Current Ratio of 1.79 indicates that NORBT should not have too much problems paying its short term obligations.
- With a decent Current ratio value of 1.79, NORBT is doing good in the industry, outperforming 61.11% of the companies in the same industry.
- 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.
- The Quick ratio of NORBT (0.74) is worse than 79.63% 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 | 1.79 | ||
| Quick Ratio | 0.74 |
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.
- NORBT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.16% yearly.
- The Revenue has grown by 42.51% 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 21.25% yearly.
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
- Based on estimates for the next years, NORBT will show a very strong growth in Earnings Per Share. The EPS will grow by 32.01% on average per year.
- The Revenue is expected to grow by 22.28% on average over the next years. This is a very strong growth
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
- NORBT is valuated quite expensively with a Price/Earnings ratio of 29.68.
- Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 66.67% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.18, NORBT is valued at the same level.
- A Price/Forward Earnings ratio of 20.71 indicates a rather expensive valuation of NORBT.
- The rest of the industry has a similar Price/Forward Earnings ratio as NORBT.
- NORBT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.68 | ||
| Fwd PE | 20.71 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as NORBT.
- 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 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 45.96 | ||
| EV/EBITDA | 18.27 |
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 34.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.34
PEG (5Y)1.34
EPS Next 2Y47.42%
EPS Next 3Y34.52%
5. Dividend
5.1 Amount
- NORBT has a Yearly Dividend Yield of 3.29%. Purely for dividend investing, there may be better candidates out there.
- NORBT's Dividend Yield is rather good when compared to the industry average which is at 1.54. NORBT pays more dividend than 81.48% of the companies in the same industry.
- NORBT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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 (2/3/2026, 4:19:47 PM)
176
-9 (-4.86%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-13 2025-11-13/bmo
Earnings (Next)02-11 2026-02-11/amc
Inst Owners22.15%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap11.26B
Revenue(TTM)2.27B
Net Income(TTM)378.80M
Analysts84
Price Target234.6 (33.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.29% |
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.09%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-3.19%
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 | 29.68 | ||
| Fwd PE | 20.71 | ||
| P/S | 4.96 | ||
| P/FCF | 45.96 | ||
| P/OCF | 26.22 | ||
| P/B | 8.98 | ||
| P/tB | 37.42 | ||
| EV/EBITDA | 18.27 |
EPS(TTM)5.93
EY3.37%
EPS(NY)8.5
Fwd EY4.83%
FCF(TTM)3.83
FCFY2.18%
OCF(TTM)6.71
OCFY3.81%
SpS35.46
BVpS19.6
TBVpS4.7
PEG (NY)0.34
PEG (5Y)1.34
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 | 7.88 |
F-Score6
WACC8.4%
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 8 / 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 29.68 and the Price/Book (PB) ratio is 8.98.
Can you provide the dividend sustainability for NORBT stock?
The dividend rating of NORBIT ASA (NORBT.OL) is 7 / 10 and the dividend payout ratio is 50.37%.