NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
171.4 NOK
+4 (+2.39%)
Overall NORBT gets a fundamental rating of 8 out of 10. We evaluated NORBT against 52 industry peers in the Electronic Equipment, Instruments & Components industry. Both the health and profitability get an excellent rating, making NORBT a very profitable company, without any liquidiy or solvency issues. NORBT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make NORBT suitable 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.
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 15.01%, NORBT belongs to the top of the industry, outperforming 98.08% of the companies in the same industry.
NORBT's Return On Equity of 30.32% is amongst the best of the industry. NORBT outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 21.79%, NORBT belongs to the top of the industry, outperforming 98.08% of the companies in the same industry.
NORBT had an Average Return On Invested Capital over the past 3 years of 17.33%. This is significantly above the industry average of 7.11%.
The 3 year average ROIC (17.33%) for NORBT is below the current ROIC(21.79%), indicating increased profibility in the last year.
| 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
The Profit Margin of NORBT (16.96%) is better than 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.
NORBT's Operating Margin has improved in the last couple of years.
NORBT's Gross Margin of 60.04% is fine compared to the rest of the industry. NORBT outperforms 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.
NORBT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NORBT has more shares outstanding
NORBT has a worse debt/assets ratio than last year.
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.
The Altman-Z score of NORBT (7.39) is better than 94.23% 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.
NORBT's Debt to FCF ratio of 1.68 is amongst the best of the industry. NORBT outperforms 82.69% 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.
Looking at the Debt to Equity ratio, with a value of 0.44, NORBT is in line with its industry, outperforming 44.23% of the companies in the same 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
A Current Ratio of 1.73 indicates that NORBT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.73, NORBT is doing good in 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.
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
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.
Measured over the past years, NORBT shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.16% on average per year.
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
The Earnings Per Share is expected to grow by 32.84% on average over the next years. This is a very strong growth
NORBT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.59% yearly.
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
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
NORBT is valuated quite expensively with a Price/Earnings ratio of 28.90.
Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 65.38% of the companies in the same industry.
NORBT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 19.09, NORBT is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as NORBT.
NORBT's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.12.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.9 | ||
| Fwd PE | 19.09 |
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 in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.76 | ||
| 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.
A more expensive valuation may be justified as NORBT's earnings are expected to grow with 36.31% in the coming years.
PEG (NY)0.3
PEG (5Y)1.3
EPS Next 2Y51.52%
EPS Next 3Y36.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.55%, NORBT has a reasonable but not impressive dividend return.
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.
NORBT's Dividend Yield is a higher than the S&P500 average which is at 2.41.
| 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.
The dividend of NORBT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.71%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
OSL:NORBT (11/27/2025, 12:40:07 PM)
171.4
+4 (+2.39%)
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 Cap10.96B
Revenue(TTM)1.75B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (36.87%)
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 | 28.9 | ||
| Fwd PE | 19.09 | ||
| P/S | 5.14 | ||
| P/FCF | 32.76 | ||
| P/OCF | 21.32 | ||
| P/B | 9.18 | ||
| P/tB | 44.45 | ||
| EV/EBITDA | 17.46 |
EPS(TTM)5.93
EY3.46%
EPS(NY)8.98
Fwd EY5.24%
FCF(TTM)5.23
FCFY3.05%
OCF(TTM)8.04
OCFY4.69%
SpS33.37
BVpS18.67
TBVpS3.86
PEG (NY)0.3
PEG (5Y)1.3
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 28.9 and the Price/Book (PB) ratio is 9.18.
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%.