NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - OSL:NORBT - NO0010856511 - Common Stock
200.5 NOK
-11 (-5.2%)
Taking everything into account, NORBT scores 8 out of 10 in our fundamental rating. NORBT was compared to 53 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. NORBT is not overvalued while it is showing excellent growth. This is an interesting combination. This makes NORBT very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year NORBT was profitable.
NORBT had a positive operating cash flow in the past year.
Each year in the past 5 years NORBT has been profitable.
NORBT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of NORBT (15.01%) is better than 98.11% of its industry peers.
NORBT has a better Return On Equity (30.32%) than 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 21.76%, NORBT belongs to the top of the industry, outperforming 98.11% of the companies in the same industry.
NORBT had an Average Return On Invested Capital over the past 3 years of 17.32%. This is significantly above the industry average of 6.60%.
The last Return On Invested Capital (21.76%) for NORBT is above the 3 year average (17.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.01% | ||
| ROE | 30.32% | ||
| ROIC | 21.76% |
ROA(3y)10.74%
ROA(5y)8.24%
ROE(3y)20.71%
ROE(5y)15.6%
ROIC(3y)17.32%
ROIC(5y)13.47%
1.3 Margins
NORBT's Profit Margin of 16.97% is amongst the best of the industry. NORBT outperforms 98.11% 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 23.59%, NORBT belongs to the top of the industry, outperforming 98.11% of the companies in the same industry.
NORBT's Operating Margin has improved in the last couple of years.
NORBT has a Gross Margin of 60.01%. This is in the better half of the industry: NORBT outperforms 75.47% of its industry peers.
In the last couple of years the Gross Margin of NORBT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.59% | ||
| PM (TTM) | 16.97% | ||
| GM | 60.01% |
OM growth 3Y29.04%
OM growth 5Y7.44%
PM growth 3Y31.65%
PM growth 5Y3.71%
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.
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 8.78. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
NORBT has a Altman-Z score of 8.78. This is amongst the best in the industry. NORBT outperforms 90.57% of its industry peers.
NORBT has a debt to FCF ratio of 1.68. This is a very positive value and a sign of high solvency as it would only need 1.68 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.68, NORBT belongs to the top of the industry, outperforming 84.91% 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.
With a Debt to Equity ratio value of 0.44, NORBT perfoms like the industry average, outperforming 41.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 8.78 |
ROIC/WACC2.58
WACC8.43%
2.3 Liquidity
A Current Ratio of 1.73 indicates that NORBT should not have too much problems paying its short term obligations.
NORBT has a Current ratio of 1.73. This is in the better half of the industry: NORBT outperforms 62.26% of its industry peers.
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.
Looking at the Quick ratio, with a value of 0.82, NORBT is doing worse than 73.58% of the companies in the same industry.
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 103.96% over the past year.
The Earnings Per Share has been growing by 22.14% on average over the past years. This is a very strong growth
NORBT shows a strong growth in Revenue. In the last year, the Revenue has grown by 37.84%.
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 5Y22.14%
EPS Q2Q%71.67%
Revenue 1Y (TTM)37.84%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
3.2 Future
The Earnings Per Share is expected to grow by 33.14% on average over the next years. This is a very strong growth
Based on estimates for the next years, NORBT will show a very strong growth in Revenue. The Revenue will grow by 21.25% on average per year.
EPS Next Y92.83%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
EPS Next 5Y33.14%
Revenue Next Year47.25%
Revenue Next 2Y29.84%
Revenue Next 3Y23.83%
Revenue Next 5Y21.25%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 35.36, NORBT can be considered very expensive at the moment.
Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 66.04% of the companies in the same industry.
When comparing the Price/Earnings ratio of NORBT to the average of the S&P500 Index (26.76), we can say NORBT is valued slightly more expensively.
The Price/Forward Earnings ratio is 22.18, which indicates a rather expensive current valuation of NORBT.
The rest of the industry has a similar Price/Forward Earnings ratio as NORBT.
When comparing the Price/Forward Earnings ratio of NORBT to the average of the S&P500 Index (22.63), we can say NORBT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.36 | ||
| Fwd PE | 22.18 |
4.2 Price Multiples
NORBT's Enterprise Value to EBITDA is on the same level as the industry average.
NORBT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.39 | ||
| EV/EBITDA | 21.86 |
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 37.23% in the coming years.
PEG (NY)0.38
PEG (5Y)1.6
EPS Next 2Y52.04%
EPS Next 3Y37.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.52%, NORBT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.90, NORBT has a dividend in line with its industry peers.
Compared to the average S&P500 Dividend Yield of 2.31, NORBT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.52% |
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 52.76% 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.
DP52.76%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
OSL:NORBT (10/30/2025, 4:19:15 PM)
200.5
-11 (-5.2%)
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 Cap12.82B
Revenue(TTM)2.13B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (17.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.52% |
Yearly Dividend2.47
Dividend Growth(5Y)5.27%
DP52.76%
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)17.95%
EPS NQ rev (1m)1.9%
EPS NQ rev (3m)-10.42%
EPS NY rev (1m)0%
EPS NY rev (3m)24.17%
Revenue NQ rev (1m)0.19%
Revenue NQ rev (3m)-13.03%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)9.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.36 | ||
| Fwd PE | 22.18 | ||
| P/S | 6.01 | ||
| P/FCF | 38.39 | ||
| P/OCF | 24.95 | ||
| P/B | 10.74 | ||
| P/tB | 52.12 | ||
| EV/EBITDA | 21.86 |
EPS(TTM)5.67
EY2.83%
EPS(NY)9.04
Fwd EY4.51%
FCF(TTM)5.22
FCFY2.6%
OCF(TTM)8.04
OCFY4.01%
SpS33.37
BVpS18.67
TBVpS3.85
PEG (NY)0.38
PEG (5Y)1.6
Graham Number48.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.01% | ||
| ROE | 30.32% | ||
| ROCE | 28.7% | ||
| ROIC | 21.76% | ||
| ROICexc | 21.76% | ||
| ROICexgc | 47.35% | ||
| OM | 23.59% | ||
| PM (TTM) | 16.97% | ||
| GM | 60.01% | ||
| FCFM | 15.65% |
ROA(3y)10.74%
ROA(5y)8.24%
ROE(3y)20.71%
ROE(5y)15.6%
ROIC(3y)17.32%
ROIC(5y)13.47%
ROICexc(3y)18.68%
ROICexc(5y)14.34%
ROICexgc(3y)38.36%
ROICexgc(5y)28.64%
ROCE(3y)22.85%
ROCE(5y)17.76%
ROICexgc growth 3Y38.91%
ROICexgc growth 5Y14.39%
ROICexc growth 3Y27.71%
ROICexc growth 5Y2.11%
OM growth 3Y29.04%
OM growth 5Y7.44%
PM growth 3Y31.65%
PM growth 5Y3.71%
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 | 127.66% | ||
| Cap/Sales | 8.44% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 79.76% | ||
| Profit Quality | 92.27% | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 8.78 |
F-Score6
WACC8.43%
ROIC/WACC2.58
Cap/Depr(3y)105.09%
Cap/Depr(5y)141.94%
Cap/Sales(3y)7.73%
Cap/Sales(5y)11.09%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)103.96%
EPS 3Y67.64%
EPS 5Y22.14%
EPS Q2Q%71.67%
EPS Next Y92.83%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
EPS Next 5Y33.14%
Revenue 1Y (TTM)37.84%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
Revenue Next Year47.25%
Revenue Next 2Y29.84%
Revenue Next 3Y23.83%
Revenue Next 5Y21.25%
EBIT growth 1Y102.9%
EBIT growth 3Y68.42%
EBIT growth 5Y30.28%
EBIT Next Year125.07%
EBIT Next 3Y41.98%
EBIT Next 5YN/A
FCF growth 1Y216.29%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y167.01%
OCF growth 3Y108.28%
OCF growth 5Y59.91%
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 5 / 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 35.36 and the Price/Book (PB) ratio is 10.74.
Is the dividend of NORBIT ASA sustainable?
The dividend rating of NORBIT ASA (NORBT.OL) is 4 / 10 and the dividend payout ratio is 52.76%.