NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
179 NOK
-1.4 (-0.78%)
Taking everything into account, NORBT scores 7 out of 10 in our fundamental rating. NORBT was compared to 52 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT scores excellent on profitability, but there are some minor concerns on its financial health. NORBT is not overvalued while it is showing excellent growth. This is an interesting combination. This makes NORBT very considerable for growth 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
- NORBT has a better Return On Assets (15.16%) than 98.08% of its industry peers.
- NORBT has a better Return On Equity (30.22%) than 98.08% of its industry peers.
- The Return On Invested Capital of NORBT (21.69%) is better than 98.08% of its industry peers.
- NORBT had an Average Return On Invested Capital over the past 3 years of 17.33%. This is significantly above the industry average of 7.60%.
- The 3 year average ROIC (17.33%) for NORBT is below the current ROIC(21.69%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- The Profit Margin of NORBT (16.70%) is better than 96.15% of its industry peers.
- NORBT's Profit Margin has improved in the last couple of years.
- NORBT's Operating Margin of 23.17% is amongst the best of the industry. NORBT outperforms 96.15% of its industry peers.
- NORBT's Operating Margin has improved in the last couple of years.
- The Gross Margin of NORBT (58.86%) is better than 71.15% of its industry peers.
- In the last couple of years the Gross Margin of NORBT has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 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.
- NORBT has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 7.74 indicates that NORBT is not in any danger for bankruptcy at the moment.
- NORBT has a Altman-Z score of 7.74. This is amongst the best in the industry. NORBT outperforms 90.38% of its industry peers.
- The Debt to FCF ratio of NORBT is 2.51, which is a good value as it means it would take NORBT, 2.51 years of fcf income to pay off all of its debts.
- NORBT's Debt to FCF ratio of 2.51 is fine compared to the rest of the industry. NORBT outperforms 78.85% 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.
- NORBT's Debt to Equity ratio of 0.44 is in line compared to the rest of the industry. NORBT outperforms 42.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 2.51 | ||
| Altman-Z | 7.74 |
ROIC/WACC2.58
WACC8.41%
2.3 Liquidity
- A Current Ratio of 1.79 indicates that NORBT should not have too much problems paying 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.
- NORBT has a worse Quick ratio (0.74) than 78.85% 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 | 1.79 | ||
| Quick Ratio | 0.74 |
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%.
- 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)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.
- 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
- 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
- NORBT is valuated quite expensively with a Price/Earnings ratio of 30.19.
- 69.23% of the companies in the same industry are more expensive than NORBT, based on the Price/Earnings ratio.
- When comparing the Price/Earnings ratio of NORBT to the average of the S&P500 Index (26.94), we can say NORBT is valued inline with the index average.
- NORBT is valuated rather expensively with a Price/Forward Earnings ratio of 20.03.
- 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 23.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.19 | ||
| Fwd PE | 20.03 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as NORBT.
- NORBT's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. NORBT is more expensive than 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.74 | ||
| EV/EBITDA | 17.84 |
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.
- The excellent profitability rating of NORBT may justify a higher PE ratio.
- NORBT's earnings are expected to grow with 35.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.35
PEG (5Y)1.36
EPS Next 2Y51.17%
EPS Next 3Y35.86%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.32%, NORBT has a reasonable but not impressive dividend return.
- NORBT's Dividend Yield is a higher than the industry average which is at 1.54.
- NORBT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.32% |
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 50.37% 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.
DP50.37%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
OSL:NORBT (1/21/2026, 2:06:15 PM)
179
-1.4 (-0.78%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-13 2025-11-13/bmo
Earnings (Next)02-12 2026-02-12/amc
Inst Owners22.15%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap11.45B
Revenue(TTM)2.27B
Net Income(TTM)378.80M
Analysts84
Price Target234.6 (31.06%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.32% |
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.09%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.19 | ||
| Fwd PE | 20.03 | ||
| P/S | 5.05 | ||
| P/FCF | 46.74 | ||
| P/OCF | 26.66 | ||
| P/B | 9.13 | ||
| P/tB | 38.06 | ||
| EV/EBITDA | 17.84 |
EPS(TTM)5.93
EY3.31%
EPS(NY)8.94
Fwd EY4.99%
FCF(TTM)3.83
FCFY2.14%
OCF(TTM)6.71
OCFY3.75%
SpS35.46
BVpS19.6
TBVpS4.7
PEG (NY)0.35
PEG (5Y)1.36
Graham Number51.14
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 7.74 |
F-Score6
WACC8.41%
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 Y86.77%
EPS Next 2Y51.17%
EPS Next 3Y35.86%
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 7 / 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 30.19 and the Price/Book (PB) ratio is 9.13.
Can you provide the dividend sustainability for NORBT stock?
The dividend rating of NORBIT ASA (NORBT.OL) is 6 / 10 and the dividend payout ratio is 50.37%.