NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
179.3 NOK
-7.9 (-4.22%)
NORBT gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 50 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NORBT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, NORBT could be worth investigating further 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.
Each year in the past 5 years NORBT had a positive operating cash flow.
1.2 Ratios
NORBT has a better Return On Assets (15.01%) than 98.00% of its industry peers.
NORBT has a better Return On Equity (30.32%) than 98.00% of its industry peers.
The Return On Invested Capital of NORBT (21.79%) is better than 98.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORBT is significantly above the industry average of 7.38%.
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
With an excellent Profit Margin value of 16.96%, NORBT belongs to the best of the industry, outperforming 96.00% of the companies in the same industry.
In the last couple of years the Profit Margin of NORBT has grown nicely.
NORBT has a better Operating Margin (23.62%) than 96.00% of its industry peers.
In the last couple of years the Operating Margin of NORBT has grown nicely.
NORBT has a better Gross Margin (60.04%) than 74.00% 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
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.
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
NORBT has an Altman-Z score of 8.02. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
NORBT's Altman-Z score of 8.02 is amongst the best of the industry. NORBT outperforms 92.00% of its industry peers.
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.
With an excellent Debt to FCF ratio value of 1.68, NORBT belongs to the best of the industry, outperforming 84.00% of the companies in the same industry.
NORBT has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.44, NORBT is doing worse than 62.00% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for NORBT, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 8.02 |
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.
Looking at the Current ratio, with a value of 1.73, NORBT is in the better half of the industry, outperforming 62.00% 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 Quick ratio of 0.82. This is in the lower half of the industry: NORBT underperforms 74.00% of its industry peers.
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 | 1.73 | ||
| Quick Ratio | 0.82 |
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 quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.31%.
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 32.01% yearly.
The Revenue is expected to grow by 22.28% on average over the next years. This is a very strong growth
EPS Next Y86.77%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
EPS Next 5Y32.01%
Revenue Next Year46.47%
Revenue Next 2Y30.13%
Revenue Next 3Y23.86%
Revenue Next 5Y22.28%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 30.24, which means the current valuation is very expensive for NORBT.
Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 64.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.51. NORBT is around the same levels.
Based on the Price/Forward Earnings ratio of 20.07, the valuation of NORBT can be described as rather expensive.
NORBT's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of NORBT to the average of the S&P500 Index (23.13), we can say NORBT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.24 | ||
| Fwd PE | 20.07 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NORBT.
Based on the Price/Free Cash Flow ratio, NORBT is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.27 | ||
| EV/EBITDA | 19.42 |
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.
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 35.86% in the coming years.
PEG (NY)0.35
PEG (5Y)1.36
EPS Next 2Y51.17%
EPS Next 3Y35.86%
5. Dividend
5.1 Amount
NORBT has a Yearly Dividend Yield of 3.27%. Purely for dividend investing, there may be better candidates out there.
NORBT's Dividend Yield is a higher than the industry average which is at 1.62.
Compared to an average S&P500 Dividend Yield of 2.00, NORBT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
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 52.71% of its income as dividend. 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 2Y51.17%
EPS Next 3Y35.86%
OSL:NORBT (1/2/2026, 4:19:59 PM)
179.3
-7.9 (-4.22%)
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 Cap11.47B
Revenue(TTM)1.75B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (30.84%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.27% |
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)1.9%
EPS NY rev (1m)-4.83%
EPS NY rev (3m)-3.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)-0.53%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.24 | ||
| Fwd PE | 20.07 | ||
| P/S | 5.37 | ||
| P/FCF | 34.27 | ||
| P/OCF | 22.3 | ||
| P/B | 9.6 | ||
| P/tB | 46.5 | ||
| EV/EBITDA | 19.42 |
EPS(TTM)5.93
EY3.31%
EPS(NY)8.94
Fwd EY4.98%
FCF(TTM)5.23
FCFY2.92%
OCF(TTM)8.04
OCFY4.48%
SpS33.37
BVpS18.67
TBVpS3.86
PEG (NY)0.35
PEG (5Y)1.36
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 | 8.02 |
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)100.34%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%47.27%
EPS Next Y86.77%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
EPS Next 5Y32.01%
Revenue 1Y (TTM)15.31%
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 1Y103.14%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year122.32%
EBIT Next 3Y41.75%
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.
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 30.24 and the Price/Book (PB) ratio is 9.6.
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 52.71%.