NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - OSL:NORBT - NO0010856511 - Common Stock
197.8 NOK
-0.8 (-0.4%)
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. Both the health and profitability get an excellent rating, making NORBT a very profitable company, without any liquidiy or solvency issues. 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
In the past year NORBT was profitable.
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 has a better Return On Assets (12.76%) than 96.15% of its industry peers.
NORBT has a Return On Equity of 24.39%. This is amongst the best in the industry. NORBT outperforms 96.15% of its industry peers.
With an excellent Return On Invested Capital value of 18.38%, NORBT belongs to the best of the industry, outperforming 98.08% 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 6.34%.
The last Return On Invested Capital (18.38%) for NORBT is above the 3 year average (17.33%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.76% | ||
| ROE | 24.39% | ||
| ROIC | 18.38% |
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 (16.20%) than 98.08% of its industry peers.
In the last couple of years the Profit Margin of NORBT has grown nicely.
Looking at the Operating Margin, with a value of 23.08%, 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 better Gross Margin (61.99%) than 80.77% of its industry peers.
In the last couple of years the Gross Margin of NORBT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.08% | ||
| PM (TTM) | 16.2% | ||
| GM | 61.99% |
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.
The number of shares outstanding for NORBT has been increased compared to 1 year ago.
Compared to 5 years ago, NORBT has more shares outstanding
The debt/assets ratio for NORBT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 8.75 indicates that NORBT is not in any danger for bankruptcy at the moment.
NORBT's Altman-Z score of 8.75 is amongst the best of the industry. NORBT outperforms 92.31% 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 84.62% of the companies in the same industry.
NORBT has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
NORBT has a Debt to Equity ratio (0.41) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 8.75 |
ROIC/WACC2.19
WACC8.38%
2.3 Liquidity
A Current Ratio of 1.93 indicates that NORBT should not have too much problems paying its short term obligations.
NORBT has a Current ratio of 1.93. This is in the better half of the industry: NORBT outperforms 63.46% of its industry peers.
A Quick Ratio of 0.97 indicates that NORBT may have some problems paying its short term obligations.
NORBT has a Quick ratio (0.97) which is in line with 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 | 1.93 | ||
| Quick Ratio | 0.97 |
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.
The Earnings Per Share has been growing by 22.16% on average over the past years. This is a very strong growth
The Revenue has grown by 15.31% in the past year. This is quite good.
NORBT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.25% yearly.
EPS 1Y (TTM)103.96%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%71.67%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
3.2 Future
NORBT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.75% yearly.
Based on estimates for the next years, NORBT will show a very strong growth in Revenue. The Revenue will grow by 20.89% on average per year.
EPS Next Y85.19%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
EPS Next 5Y32.75%
Revenue Next Year46.64%
Revenue Next 2Y29.96%
Revenue Next 3Y23.86%
Revenue Next 5Y20.89%
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.
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 34.89, which means the current valuation is very expensive for NORBT.
65.38% of the companies in the same industry are more expensive than NORBT, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of NORBT to the average of the S&P500 Index (27.41), we can say NORBT is valued slightly more expensively.
A Price/Forward Earnings ratio of 21.88 indicates a rather expensive 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's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.89 | ||
| Fwd PE | 21.88 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NORBT.
The rest of the industry has a similar Price/Free Cash Flow ratio as NORBT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.89 | ||
| EV/EBITDA | 22.95 |
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.
A more expensive valuation may be justified as NORBT's earnings are expected to grow with 37.23% in the coming years.
PEG (NY)0.41
PEG (5Y)1.57
EPS Next 2Y52.04%
EPS Next 3Y37.23%
5. Dividend
5.1 Amount
NORBT has a Yearly Dividend Yield of 1.42%.
NORBT's Dividend Yield is comparable with the industry average which is at 2.88.
With a Dividend Yield of 1.42, NORBT pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
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 50.50% 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.
DP50.5%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
OSL:NORBT (9/18/2025, 7:00:00 PM)
197.8
-0.8 (-0.4%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners19.3%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap12.65B
Analysts84
Price Target234.6 (18.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend2.47
Dividend Growth(5Y)5.27%
DP50.5%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.75%
Min EPS beat(2)-5.2%
Max EPS beat(2)24.7%
EPS beat(4)2
Avg EPS beat(4)7.8%
Min EPS beat(4)-38.62%
Max EPS beat(4)50.33%
EPS beat(8)4
Avg EPS beat(8)0.21%
EPS beat(12)7
Avg EPS beat(12)4.93%
EPS beat(16)8
Avg EPS beat(16)6.28%
Revenue beat(2)0
Avg Revenue beat(2)-2.1%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)-1.75%
Revenue beat(4)1
Avg Revenue beat(4)-4.48%
Min Revenue beat(4)-15.14%
Max Revenue beat(4)1.42%
Revenue beat(8)2
Avg Revenue beat(8)-2.05%
Revenue beat(12)5
Avg Revenue beat(12)1.4%
Revenue beat(16)8
Avg Revenue beat(16)1.8%
PT rev (1m)17.95%
PT rev (3m)17.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)43.46%
EPS NY rev (1m)19.25%
EPS NY rev (3m)19.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)-0.9%
Revenue NY rev (3m)9.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.89 | ||
| Fwd PE | 21.88 | ||
| P/S | 6.77 | ||
| P/FCF | 39.89 | ||
| P/OCF | 26.44 | ||
| P/B | 10.19 | ||
| P/tB | 38.91 | ||
| EV/EBITDA | 22.95 |
EPS(TTM)5.67
EY2.87%
EPS(NY)9.04
Fwd EY4.57%
FCF(TTM)4.96
FCFY2.51%
OCF(TTM)7.48
OCFY3.78%
SpS29.22
BVpS19.41
TBVpS5.08
PEG (NY)0.41
PEG (5Y)1.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.76% | ||
| ROE | 24.39% | ||
| ROCE | 24.23% | ||
| ROIC | 18.38% | ||
| ROICexc | 21.26% | ||
| ROICexgc | 52.57% | ||
| OM | 23.08% | ||
| PM (TTM) | 16.2% | ||
| GM | 61.99% | ||
| FCFM | 16.97% |
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%
ROICexcg growth 3Y38.91%
ROICexcg 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 Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.68 | ||
| Debt/EBITDA | 0.9 | ||
| Cap/Depr | 119.57% | ||
| Cap/Sales | 8.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.49% | ||
| Profit Quality | 104.72% | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 8.75 |
F-Score6
WACC8.38%
ROIC/WACC2.19
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 Y85.19%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
EPS Next 5Y32.75%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
Revenue Next Year46.64%
Revenue Next 2Y29.96%
Revenue Next 3Y23.86%
Revenue Next 5Y20.89%
EBIT growth 1Y74.83%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year112.03%
EBIT Next 3Y38.97%
EBIT Next 5YN/A
FCF growth 1Y252.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y169.37%
OCF growth 3Y108.27%
OCF growth 5Y59.9%