NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
178.8 NOK
+0.4 (+0.22%)
Taking everything into account, NORBT scores 8 out of 10 in our fundamental rating. NORBT was compared to 51 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 not overvalued while it is showing excellent growth. This is an interesting combination. 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.
Each year in the past 5 years NORBT had a positive operating cash flow.
1.2 Ratios
NORBT has a Return On Assets of 15.01%. This is amongst the best in the industry. NORBT outperforms 98.04% of its industry peers.
NORBT has a better Return On Equity (30.32%) than 98.04% of its industry peers.
NORBT has a Return On Invested Capital of 21.79%. This is amongst the best in the industry. NORBT outperforms 98.04% 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 7.59%.
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 96.08% of its industry peers.
NORBT's Profit Margin has improved in the last couple of years.
NORBT has a Operating Margin of 23.62%. This is amongst the best in the industry. NORBT outperforms 96.08% of its industry peers.
In the last couple of years the Operating Margin of NORBT has grown nicely.
With a decent Gross Margin value of 60.04%, NORBT is doing good in the industry, outperforming 72.55% of the companies in the same industry.
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
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.
The debt/assets ratio for NORBT is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.74 indicates that NORBT is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.74, NORBT belongs to the top of the industry, outperforming 88.24% 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 82.35% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that NORBT is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.44, NORBT is in line with its industry, outperforming 41.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 7.74 |
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 line with its industry, outperforming 58.82% of the companies in the same industry.
NORBT has a Quick Ratio of 1.73. This is a bad value and indicates that NORBT is not financially healthy enough and could expect problems in meeting its short term obligations.
NORBT has a worse Quick ratio (0.82) than 74.51% 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
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.
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.
The Revenue has grown by 15.31% in the past year. This is quite good.
The Revenue has been growing by 21.25% on average over the past years. This is a very strong growth!
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
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.
Based on estimates for the next years, NORBT will show a very strong growth in Revenue. The Revenue will grow by 22.28% on average per year.
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
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 30.15.
Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 66.67% of the companies in the same industry.
NORBT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 20.01, the valuation of NORBT can be described as rather expensive.
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 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.15 | ||
| Fwd PE | 20.01 |
4.2 Price Multiples
NORBT's Enterprise Value to EBITDA is on the same level as the industry average.
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 60.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.17 | ||
| EV/EBITDA | 18.55 |
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.
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 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 3.35%.
Compared to an average industry Dividend Yield of 2.80, NORBT pays a bit more dividend than its industry peers.
NORBT's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.35% |
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 (12/8/2025, 7:00:00 PM)
178.8
+0.4 (+0.22%)
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 Cap11.43B
Revenue(TTM)1.75B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (31.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.35% |
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)0.85%
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 | 30.15 | ||
| Fwd PE | 20.01 | ||
| P/S | 5.36 | ||
| P/FCF | 34.17 | ||
| P/OCF | 22.24 | ||
| P/B | 9.58 | ||
| P/tB | 46.37 | ||
| EV/EBITDA | 18.55 |
EPS(TTM)5.93
EY3.32%
EPS(NY)8.94
Fwd EY5%
FCF(TTM)5.23
FCFY2.93%
OCF(TTM)8.04
OCFY4.5%
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 | 7.74 |
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.
What is the valuation status for NORBT stock?
ChartMill assigns a valuation rating of 4 / 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 30.15 and the Price/Book (PB) ratio is 9.58.
Is the dividend of NORBIT ASA sustainable?
The dividend rating of NORBIT ASA (NORBT.OL) is 6 / 10 and the dividend payout ratio is 52.71%.