NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
175.6 NOK
+8.2 (+4.9%)
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. NORBT gets an excellent profitability rating and is at the same time showing great financial health properties. NORBT is growing strongly while it is still valued neutral. This is a good 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.
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
With an excellent Return On Assets value of 15.01%, NORBT belongs to the best of the industry, outperforming 98.08% of the companies in the same industry.
NORBT has a better Return On Equity (30.32%) than 100.00% of its industry peers.
NORBT has a Return On Invested Capital of 21.79%. This is amongst the best in the industry. NORBT outperforms 98.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORBT is significantly above the industry average of 7.11%.
The last Return On Invested Capital (21.79%) for NORBT is above the 3 year average (17.33%), which is a sign of increasing profitability.
| 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 Profit Margin of 16.96%. This is amongst the best in the industry. NORBT outperforms 98.08% of its industry peers.
NORBT's Profit Margin has improved in the last couple of years.
NORBT's Operating Margin of 23.62% is amongst the best of the industry. NORBT outperforms 98.08% of its industry peers.
In the last couple of years the Operating Margin of NORBT has grown nicely.
NORBT has a better Gross Margin (60.04%) than 76.92% of its industry peers.
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.
Compared to 1 year ago, NORBT has a worse debt to assets ratio.
2.2 Solvency
NORBT has an Altman-Z score of 7.39. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 7.39, NORBT belongs to the best of the industry, outperforming 94.23% of the companies in the same industry.
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.
NORBT's Debt to FCF ratio of 1.68 is amongst the best of the industry. NORBT outperforms 82.69% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that NORBT is not too dependend on debt financing.
NORBT has a Debt to Equity ratio (0.44) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 7.39 |
ROIC/WACC2.59
WACC8.4%
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 the better half of the industry, outperforming 65.38% 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's Quick ratio of 0.82 is on the low side compared to the rest of the industry. NORBT is outperformed by 73.08% of its industry peers.
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 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 100.34% over the past year.
NORBT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.16% yearly.
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)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
NORBT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.84% yearly.
The Revenue is expected to grow by 22.59% on average over the next years. This is a very strong growth
EPS Next Y96.25%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
EPS Next 5Y32.85%
Revenue Next Year47.25%
Revenue Next 2Y29.84%
Revenue Next 3Y23.83%
Revenue Next 5Y22.59%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 29.61, which means the current valuation is very expensive for NORBT.
Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than the industry average as 65.38% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.15. NORBT is around the same levels.
A Price/Forward Earnings ratio of 19.56 indicates a rather expensive valuation of NORBT.
The rest of the industry has a similar Price/Forward Earnings ratio as NORBT.
The average S&P500 Price/Forward Earnings ratio is at 36.12. NORBT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.61 | ||
| Fwd PE | 19.56 |
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 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.56 | ||
| EV/EBITDA | 17.46 |
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 36.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)1.34
EPS Next 2Y51.52%
EPS Next 3Y36.31%
5. Dividend
5.1 Amount
NORBT has a Yearly Dividend Yield of 3.55%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.95, NORBT pays a better dividend. On top of this NORBT pays more dividend than 82.69% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, NORBT pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
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.
NORBT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.71%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
OSL:NORBT (11/27/2025, 4:19:54 PM)
175.6
+8.2 (+4.9%)
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 Cap11.23B
Revenue(TTM)1.75B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (33.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.55% |
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)-7.73%
EPS NY rev (1m)1.78%
EPS NY rev (3m)5.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.61 | ||
| Fwd PE | 19.56 | ||
| P/S | 5.26 | ||
| P/FCF | 33.56 | ||
| P/OCF | 21.84 | ||
| P/B | 9.4 | ||
| P/tB | 45.54 | ||
| EV/EBITDA | 17.46 |
EPS(TTM)5.93
EY3.38%
EPS(NY)8.98
Fwd EY5.11%
FCF(TTM)5.23
FCFY2.98%
OCF(TTM)8.04
OCFY4.58%
SpS33.37
BVpS18.67
TBVpS3.86
PEG (NY)0.31
PEG (5Y)1.34
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 | 7.39 |
F-Score6
WACC8.4%
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 Y96.25%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
EPS Next 5Y32.85%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%35.9%
Revenue Next Year47.25%
Revenue Next 2Y29.84%
Revenue Next 3Y23.83%
Revenue Next 5Y22.59%
EBIT growth 1Y103.14%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year125.07%
EBIT Next 3Y41.98%
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 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 29.61 and the Price/Book (PB) ratio is 9.4.
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%.