NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - OSL:NORBT - NO0010856511 - Common Stock
183 NOK
-7.8 (-4.09%)
Taking everything into account, NORBT scores 8 out of 10 in our fundamental rating. NORBT was compared to 54 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 not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make NORBT suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
NORBT had positive earnings in the past year.
In the past year NORBT had a positive cash flow from operations.
Each year in the past 5 years NORBT has been profitable.
In the past 5 years NORBT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.76%, NORBT belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
NORBT has a better Return On Equity (24.39%) than 96.30% of its industry peers.
The Return On Invested Capital of NORBT (18.38%) is better than 96.30% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NORBT is significantly above the industry average of 10.39%.
The last Return On Invested Capital (18.38%) for NORBT is above the 3 year average (17.33%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.76% | ||
| ROE | 24.39% | ||
| ROIC | 18.38% |
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 16.20%. This is amongst the best in the industry. NORBT outperforms 96.30% of its industry peers.
In the last couple of years the Profit Margin of NORBT has grown nicely.
NORBT's Operating Margin of 23.08% is amongst the best of the industry. NORBT outperforms 96.30% of its industry peers.
In the last couple of years the Operating Margin of NORBT has grown nicely.
NORBT has a better Gross Margin (61.99%) than 74.07% of its industry peers.
NORBT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.08% | ||
| PM (TTM) | 16.2% | ||
| GM | 61.99% |
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.
Compared to 1 year ago, NORBT has more shares outstanding
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 8.22 indicates that NORBT is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 8.22, NORBT belongs to the top of the industry, outperforming 90.74% 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.
With an excellent Debt to FCF ratio value of 1.68, NORBT belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
A Debt/Equity ratio of 0.41 indicates that NORBT is not too dependend on debt financing.
The Debt to Equity ratio of NORBT (0.41) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 8.22 |
ROIC/WACC2.2
WACC8.36%
2.3 Liquidity
NORBT has a Current Ratio of 1.93. This is a normal value and indicates that NORBT is financially healthy and should not expect problems in meeting its short term obligations.
NORBT has a better Current ratio (1.93) than 64.81% of its industry peers.
A Quick Ratio of 0.97 indicates that NORBT may have some problems paying its short term obligations.
With a Quick ratio value of 0.97, NORBT perfoms like the industry average, outperforming 48.15% 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 | 1.93 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
NORBT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 103.96%, 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
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)103.96%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%71.67%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
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 32.75% on average per year.
The Revenue is expected to grow by 20.89% on average over the next years. This is a very strong growth
EPS Next Y92.83%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
EPS Next 5Y32.75%
Revenue Next Year46.64%
Revenue Next 2Y29.96%
Revenue Next 3Y23.86%
Revenue Next 5Y20.89%
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
The Price/Earnings ratio is 32.28, which means the current valuation is very expensive for NORBT.
NORBT's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.32, NORBT is valued at the same level.
With a Price/Forward Earnings ratio of 20.25, NORBT is valued on the expensive side.
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 (22.89), we can say NORBT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.28 | ||
| Fwd PE | 20.25 |
4.2 Price Multiples
NORBT's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as NORBT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.91 | ||
| EV/EBITDA | 21.19 |
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)0.35
PEG (5Y)1.46
EPS Next 2Y52.04%
EPS Next 3Y37.23%
5. Dividend
5.1 Amount
NORBT has a Yearly Dividend Yield of 1.53%.
Compared to an average industry Dividend Yield of 2.82, NORBT has a dividend in line with its industry peers.
NORBT's Dividend Yield is slightly below the S&P500 average, which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.53% |
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
50.50% 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.
DP50.5%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
OSL:NORBT (9/26/2025, 7:00:00 PM)
183
-7.8 (-4.09%)
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 Cap11.70B
Analysts84
Price Target234.6 (28.2%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.53% |
Yearly Dividend2.47
Dividend Growth(5Y)5.27%
DP50.5%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.75%
Min EPS beat(2)-5.2%
Max EPS beat(2)24.7%
EPS beat(4)2
Avg EPS beat(4)7.8%
Min EPS beat(4)-38.62%
Max EPS beat(4)50.33%
EPS beat(8)4
Avg EPS beat(8)0.21%
EPS beat(12)7
Avg EPS beat(12)4.93%
EPS beat(16)8
Avg EPS beat(16)6.28%
Revenue beat(2)0
Avg Revenue beat(2)-2.1%
Min Revenue beat(2)-2.46%
Max Revenue beat(2)-1.75%
Revenue beat(4)1
Avg Revenue beat(4)-4.48%
Min Revenue beat(4)-15.14%
Max Revenue beat(4)1.42%
Revenue beat(8)2
Avg Revenue beat(8)-2.05%
Revenue beat(12)5
Avg Revenue beat(12)1.4%
Revenue beat(16)8
Avg Revenue beat(16)1.8%
PT rev (1m)0%
PT rev (3m)17.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)43.46%
EPS NY rev (1m)4.13%
EPS NY rev (3m)24.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.28 | ||
| Fwd PE | 20.25 | ||
| P/S | 6.26 | ||
| P/FCF | 36.91 | ||
| P/OCF | 24.46 | ||
| P/B | 9.43 | ||
| P/tB | 36 | ||
| EV/EBITDA | 21.19 |
EPS(TTM)5.67
EY3.1%
EPS(NY)9.04
Fwd EY4.94%
FCF(TTM)4.96
FCFY2.71%
OCF(TTM)7.48
OCFY4.09%
SpS29.22
BVpS19.41
TBVpS5.08
PEG (NY)0.35
PEG (5Y)1.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.76% | ||
| ROE | 24.39% | ||
| ROCE | 24.23% | ||
| ROIC | 18.38% | ||
| ROICexc | 21.26% | ||
| ROICexgc | 52.57% | ||
| OM | 23.08% | ||
| PM (TTM) | 16.2% | ||
| GM | 61.99% | ||
| FCFM | 16.97% |
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%
ROICexcg growth 3Y38.91%
ROICexcg 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 Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.68 | ||
| Debt/EBITDA | 0.9 | ||
| Cap/Depr | 119.57% | ||
| Cap/Sales | 8.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.49% | ||
| Profit Quality | 104.72% | ||
| Current Ratio | 1.93 | ||
| Quick Ratio | 0.97 | ||
| Altman-Z | 8.22 |
F-Score6
WACC8.36%
ROIC/WACC2.2
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)103.96%
EPS 3Y67.64%
EPS 5Y22.16%
EPS Q2Q%71.67%
EPS Next Y92.83%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
EPS Next 5Y32.75%
Revenue 1Y (TTM)15.31%
Revenue growth 3Y30.51%
Revenue growth 5Y21.25%
Sales Q2Q%63.38%
Revenue Next Year46.64%
Revenue Next 2Y29.96%
Revenue Next 3Y23.86%
Revenue Next 5Y20.89%
EBIT growth 1Y74.83%
EBIT growth 3Y68.37%
EBIT growth 5Y30.25%
EBIT Next Year125.07%
EBIT Next 3Y41.98%
EBIT Next 5YN/A
FCF growth 1Y252.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y169.37%
OCF growth 3Y108.27%
OCF growth 5Y59.9%