NORBIT ASA (NORBT.OL) Stock Fundamental Analysis

OSL:NORBT • NO0010856511

193.6 NOK
+9.6 (+5.22%)
Last: Feb 13, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

7

Taking everything into account, NORBT scores 7 out of 10 in our fundamental rating. NORBT was compared to 53 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT has an excellent profitability rating, but there are some minor concerns on its financial health. 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 investing!


Dividend Valuation Growth Profitability Health

9

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.
  • 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.
NORBT.OL Yearly Net Income VS EBIT VS OCF VS FCFNORBT.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M 400M

1.2 Ratios

  • The Return On Assets of NORBT (15.16%) is better than 98.25% of its industry peers.
  • Looking at the Return On Equity, with a value of 30.22%, NORBT belongs to the top of the industry, outperforming 98.25% of the companies in the same industry.
  • NORBT has a Return On Invested Capital of 21.69%. This is amongst the best in the industry. NORBT outperforms 98.25% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NORBT is significantly above the industry average of 7.61%.
  • The 3 year average ROIC (17.33%) for NORBT is below the current ROIC(21.69%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 15.16%
ROE 30.22%
ROIC 21.69%
ROA(3y)10.75%
ROA(5y)8.25%
ROE(3y)20.73%
ROE(5y)15.61%
ROIC(3y)17.33%
ROIC(5y)13.48%
NORBT.OL Yearly ROA, ROE, ROICNORBT.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • NORBT's Profit Margin of 16.70% is amongst the best of the industry. NORBT outperforms 94.74% of its industry peers.
  • NORBT's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 23.17%, NORBT belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
  • In the last couple of years the Operating Margin of NORBT has grown nicely.
  • NORBT has a Gross Margin of 58.86%. This is in the better half of the industry: NORBT outperforms 73.68% of its industry peers.
  • In the last couple of years the Gross Margin of NORBT has grown nicely.
Industry RankSector Rank
OM 23.17%
PM (TTM) 16.7%
GM 58.86%
OM growth 3Y29.01%
OM growth 5Y7.42%
PM growth 3Y31.71%
PM growth 5Y3.74%
GM growth 3Y3.52%
GM growth 5Y1.89%
NORBT.OL Yearly Profit, Operating, Gross MarginsNORBT.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • NORBT has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for NORBT has been increased compared to 5 years ago.
  • Compared to 1 year ago, NORBT has a worse debt to assets ratio.
NORBT.OL Yearly Shares OutstandingNORBT.OL Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M
NORBT.OL Yearly Total Debt VS Total AssetsNORBT.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • NORBT has an Altman-Z score of 8.15. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of NORBT (8.15) is better than 94.74% of its industry peers.
  • NORBT has a debt to FCF ratio of 2.51. This is a good value and a sign of high solvency as NORBT would need 2.51 years to pay back of all of its debts.
  • NORBT has a Debt to FCF ratio of 2.51. This is in the better half of the industry: NORBT outperforms 78.95% of its industry peers.
  • 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 42.11% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 2.51
Altman-Z 8.15
ROIC/WACC2.58
WACC8.42%
NORBT.OL Yearly LT Debt VS Equity VS FCFNORBT.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • NORBT has a Current Ratio of 1.79. This is a normal value and indicates that NORBT is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of NORBT (1.79) is comparable to the rest of the industry.
  • NORBT has a Quick Ratio of 1.79. This is a bad value and indicates that NORBT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.74, NORBT is not doing good in the industry: 80.70% of the companies in the same industry are doing better.
  • NORBT does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 1.79
Quick Ratio 0.74
NORBT.OL Yearly Current Assets VS Current LiabilitesNORBT.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

10

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.
  • The Earnings Per Share has been growing by 22.16% on average over the past years. This is a very strong growth
  • Looking at the last year, NORBT shows a very strong growth in Revenue. The Revenue has grown by 42.51%.
  • Measured over the past years, NORBT shows a very strong growth in Revenue. The Revenue has been growing by 21.25% on average per year.
EPS 1Y (TTM)100.34%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%47.27%
Revenue 1Y (TTM)42.51%
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 Y86.68%
EPS Next 2Y47.42%
EPS Next 3Y34.52%
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.
NORBT.OL Yearly Revenue VS EstimatesNORBT.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B 4B
NORBT.OL Yearly EPS VS EstimatesNORBT.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 32.65, which means the current valuation is very expensive for NORBT.
  • NORBT's Price/Earnings ratio is a bit cheaper when compared to the industry. NORBT is cheaper than 63.16% of the companies in the same industry.
  • NORBT is valuated rather expensively when we compare the Price/Earnings ratio to 26.68, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 22.78, the valuation of NORBT can be described as rather expensive.
  • The rest of the industry has a similar Price/Forward Earnings ratio as NORBT.
  • NORBT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 32.65
Fwd PE 22.78
NORBT.OL Price Earnings VS Forward Price EarningsNORBT.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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 70.18% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 50.55
EV/EBITDA 19.09
NORBT.OL Per share dataNORBT.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

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.
  • NORBT's earnings are expected to grow with 34.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.38
PEG (5Y)1.47
EPS Next 2Y47.42%
EPS Next 3Y34.52%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • NORBT has a Yearly Dividend Yield of 2.72%.
  • Compared to an average industry Dividend Yield of 1.50, NORBT pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.84, NORBT pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.72%

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

  • 50.37% of the earnings are spent on dividend by NORBT. 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.
DP50.37%
EPS Next 2Y47.42%
EPS Next 3Y34.52%
NORBT.OL Yearly Income VS Free CF VS DividendNORBT.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 0 100M 200M
NORBT.OL Dividend Payout.NORBT.OL Dividend Payout, showing the Payout Ratio.NORBT.OL Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

NORBIT ASA

OSL:NORBT (2/13/2026, 7:00:00 PM)

193.6

+9.6 (+5.22%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-11
Earnings (Next)N/A
Inst Owners22.15%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap12.38B
Revenue(TTM)2.27B
Net Income(TTM)378.80M
Analysts81.82
Price Target206.55 (6.69%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.72%
Yearly Dividend2.47
Dividend Growth(5Y)5.27%
DP50.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-14.16%
Min EPS beat(2)-26.85%
Max EPS beat(2)-1.48%
EPS beat(4)1
Avg EPS beat(4)-2.21%
Min EPS beat(4)-26.85%
Max EPS beat(4)24.7%
EPS beat(8)3
Avg EPS beat(8)-3.92%
EPS beat(12)6
Avg EPS beat(12)4.73%
EPS beat(16)7
Avg EPS beat(16)-1.05%
Revenue beat(2)0
Avg Revenue beat(2)-6.91%
Min Revenue beat(2)-8.1%
Max Revenue beat(2)-5.73%
Revenue beat(4)0
Avg Revenue beat(4)-4.51%
Min Revenue beat(4)-8.1%
Max Revenue beat(4)-1.75%
Revenue beat(8)1
Avg Revenue beat(8)-4.17%
Revenue beat(12)4
Avg Revenue beat(12)0.33%
Revenue beat(16)7
Avg Revenue beat(16)0.8%
PT rev (1m)-11.96%
PT rev (3m)-11.96%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)-3.26%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-4.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.53%
Valuation
Industry RankSector Rank
PE 32.65
Fwd PE 22.78
P/S 5.46
P/FCF 50.55
P/OCF 28.84
P/B 9.88
P/tB 41.16
EV/EBITDA 19.09
EPS(TTM)5.93
EY3.06%
EPS(NY)8.5
Fwd EY4.39%
FCF(TTM)3.83
FCFY1.98%
OCF(TTM)6.71
OCFY3.47%
SpS35.46
BVpS19.6
TBVpS4.7
PEG (NY)0.38
PEG (5Y)1.47
Graham Number51.14
Profitability
Industry RankSector Rank
ROA 15.16%
ROE 30.22%
ROCE 28.59%
ROIC 21.69%
ROICexc 23.54%
ROICexgc 53.81%
OM 23.17%
PM (TTM) 16.7%
GM 58.86%
FCFM 10.8%
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 Turnover0.91
Health
Industry RankSector Rank
Debt/Equity 0.44
Debt/FCF 2.51
Debt/EBITDA 0.83
Cap/Depr 124.85%
Cap/Sales 8.13%
Interest Coverage 250
Cash Conversion 63.78%
Profit Quality 64.65%
Current Ratio 1.79
Quick Ratio 0.74
Altman-Z 8.15
F-Score6
WACC8.42%
ROIC/WACC2.58
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 Y86.68%
EPS Next 2Y47.42%
EPS Next 3Y34.52%
EPS Next 5Y32.01%
Revenue 1Y (TTM)42.51%
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 1Y101.53%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year122.32%
EBIT Next 3Y41.75%
EBIT Next 5YN/A
FCF growth 1Y149.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y123.59%
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 32.65 and the Price/Book (PB) ratio is 9.88.


Can you provide the dividend sustainability for NORBT stock?

The dividend rating of NORBIT ASA (NORBT.OL) is 7 / 10 and the dividend payout ratio is 50.37%.