NORBIT ASA (NORBT.OL) Fundamental Analysis & Valuation
OSL:NORBT • NO0010856511
Current stock price
203.8 NOK
+7.9 (+4.03%)
Last:
This NORBT.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
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.
- 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
- With an excellent Return On Assets value of 15.35%, NORBT belongs to the best of the industry, outperforming 97.96% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 33.38%, 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 (23.08%) than 97.96% of its industry peers.
- NORBT had an Average Return On Invested Capital over the past 3 years of 20.37%. This is significantly above the industry average of 7.37%.
- The 3 year average ROIC (20.37%) for NORBT is below the current ROIC(23.08%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- The Profit Margin of NORBT (16.16%) is better than 93.88% of its industry peers.
- In the last couple of years the Profit Margin of NORBT has grown nicely.
- NORBT's Operating Margin of 22.19% is amongst the best of the industry. NORBT outperforms 95.92% of its industry peers.
- NORBT's Operating Margin has improved in the last couple of years.
- NORBT has a Gross Margin of 55.65%. This is in the better half of the industry: NORBT outperforms 69.39% of its industry peers.
- In the last couple of years the Gross Margin of NORBT has remained more or less at the same level.
| Industry Rank | Sector 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%
2. NORBT.OL Health Analysis
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.
- The debt/assets ratio for NORBT is higher compared to a year ago.
2.2 Solvency
- NORBT has an Altman-Z score of 7.41. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 7.41, NORBT belongs to the top of the industry, outperforming 89.80% of the companies in the same industry.
- The Debt to FCF ratio of NORBT is 2.39, which is a good value as it means it would take NORBT, 2.39 years of fcf income to pay off 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 75.51% of its industry peers.
- NORBT has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.50, NORBT is doing worse than 63.27% 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 | 0.5 | ||
| Debt/FCF | 2.39 | ||
| Altman-Z | 7.41 |
ROIC/WACC2.77
WACC8.34%
2.3 Liquidity
- A Current Ratio of 1.54 indicates that NORBT should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.54, NORBT is in line with its industry, outperforming 42.86% of the companies in the same industry.
- A Quick Ratio of 0.62 indicates that NORBT may have some problems paying its short term obligations.
- The Quick ratio of NORBT (0.62) is worse than 85.71% 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 | 1.54 | ||
| Quick Ratio | 0.62 |
3. NORBT.OL Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 61.64% over the past year.
- NORBT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 67.45% yearly.
- Looking at the last year, NORBT shows a very strong growth in Revenue. The Revenue has grown by 42.90%.
- Measured over the past years, NORBT shows a very strong growth in Revenue. The Revenue has been growing by 32.24% on average per year.
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
- NORBT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.66% yearly.
- Based on estimates for the next years, NORBT will show a quite strong growth in Revenue. The Revenue will grow by 14.60% on average per year.
EPS Next Y35.31%
EPS Next 2Y24.04%
EPS Next 3Y20.66%
EPS Next 5YN/A
Revenue Next Year20.19%
Revenue Next 2Y16.37%
Revenue Next 3Y14.6%
Revenue Next 5YN/A
3.3 Evolution
- Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
- Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. NORBT.OL Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 32.25, the valuation of NORBT can be described as expensive.
- Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 71.43% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.21, NORBT is valued a bit more expensive.
- The Price/Forward Earnings ratio is 23.83, 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 at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.25 | ||
| Fwd PE | 23.83 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NORBT is on the same level as its industry peers.
- 67.35% of the companies in the same industry are cheaper than NORBT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.47 | ||
| EV/EBITDA | 18.37 |
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 20.66% in the coming years.
PEG (NY)0.91
PEG (5Y)0.48
EPS Next 2Y24.04%
EPS Next 3Y20.66%
5. NORBT.OL Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 2.69%, NORBT has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.74, NORBT pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, NORBT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
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.
- The dividend of NORBT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP94.54%
EPS Next 2Y24.04%
EPS Next 3Y20.66%
NORBT.OL Fundamentals: All Metrics, Ratios and Statistics
OSL:NORBT (4/8/2026, 4:20:04 PM)
203.8
+7.9 (+4.03%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-11 2026-02-11/bmo
Earnings (Next)05-12 2026-05-12
Inst Owners26.82%
Inst Owner ChangeN/A
Ins Owners1.89%
Ins Owner ChangeN/A
Market Cap13.03B
Revenue(TTM)2.50B
Net Income(TTM)404.40M
Analysts81.67
Price Target214.88 (5.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.69% |
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%
EPS NY rev (3m)-4.29%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.25 | ||
| Fwd PE | 23.83 | ||
| P/S | 5.21 | ||
| P/FCF | 43.47 | ||
| P/OCF | 26.04 | ||
| P/B | 10.76 | ||
| P/tB | 54.74 | ||
| EV/EBITDA | 18.37 |
EPS(TTM)6.32
EY3.1%
EPS(NY)8.55
Fwd EY4.2%
FCF(TTM)4.69
FCFY2.3%
OCF(TTM)7.83
OCFY3.84%
SpS39.13
BVpS18.94
TBVpS3.72
PEG (NY)0.91
PEG (5Y)0.48
Graham Number51.9
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 7.41 |
F-Score6
WACC8.34%
ROIC/WACC2.77
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 Y35.31%
EPS Next 2Y24.04%
EPS Next 3Y20.66%
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 Year46.57%
EBIT Next 3Y24.03%
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%.