NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
OSL:NORBT - NO0010856511 - Common Stock
194.2 NOK
-0.4 (-0.21%)
NORBT gets a fundamental rating of 8 out of 10. The analysis compared the fundamentals against 53 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 not priced too expensively while it is growing strongly. Keep and eye on this one! 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.
Each year in the past 5 years NORBT has been profitable.
Each year in the past 5 years NORBT had a positive operating cash flow.
1.2 Ratios
NORBT's Return On Assets of 12.76% is amongst the best of the industry. NORBT outperforms 96.23% of its industry peers.
NORBT has a Return On Equity of 24.39%. This is amongst the best in the industry. NORBT outperforms 92.45% of its industry peers.
Looking at the Return On Invested Capital, with a value of 18.38%, NORBT belongs to the top of the industry, outperforming 98.11% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NORBT is significantly above the industry average of 6.80%.
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
Looking at the Profit Margin, with a value of 16.20%, NORBT belongs to the top of the industry, outperforming 96.23% of the companies in the same industry.
In the last couple of years the Profit Margin of NORBT has grown nicely.
The Operating Margin of NORBT (23.08%) is better than 98.11% 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 81.13% of its industry peers.
In the last couple of years the Gross Margin of NORBT has grown nicely.
| 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
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.
NORBT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NORBT is higher compared to a year ago.
2.2 Solvency
NORBT has an Altman-Z score of 8.60. This indicates that NORBT is financially healthy and has little risk of bankruptcy at the moment.
NORBT's Altman-Z score of 8.60 is amongst the best of the industry. NORBT outperforms 90.57% 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.
The Debt to FCF ratio of NORBT (1.68) is better than 84.91% of its industry peers.
NORBT has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
NORBT has a Debt to Equity ratio (0.41) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 8.6 |
ROIC/WACC2.2
WACC8.37%
2.3 Liquidity
A Current Ratio of 1.93 indicates that NORBT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.93, NORBT is in the better half of the industry, outperforming 60.38% of the companies in the same industry.
NORBT has a Quick Ratio of 1.93. This is a bad value and indicates that NORBT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of NORBT (0.97) is comparable to the rest of the industry.
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 | 1.93 | ||
| Quick Ratio | 0.97 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 103.96% over the past year.
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.
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)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 Y85.19%
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.
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
NORBT is valuated quite expensively with a Price/Earnings ratio of 34.25.
NORBT's Price/Earnings ratio is a bit cheaper when compared to the industry. NORBT is cheaper than 62.26% of the companies in the same industry.
When comparing the Price/Earnings ratio of NORBT to the average of the S&P500 Index (27.06), we can say NORBT is valued slightly more expensively.
The Price/Forward Earnings ratio is 21.49, which indicates a rather expensive current valuation of NORBT.
NORBT's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, NORBT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.25 | ||
| Fwd PE | 21.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NORBT is valued a bit more expensive than the industry average as 62.26% of the companies are valued more cheaply.
NORBT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.16 | ||
| EV/EBITDA | 22.45 |
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 37.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)1.55
EPS Next 2Y52.04%
EPS Next 3Y37.23%
5. Dividend
5.1 Amount
NORBT has a Yearly Dividend Yield of 1.54%. Purely for dividend investing, there may be better candidates out there.
NORBT's Dividend Yield is comparable with the industry average which is at 2.88.
Compared to the average S&P500 Dividend Yield of 2.41, NORBT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
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.
NORBT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP50.5%
EPS Next 2Y52.04%
EPS Next 3Y37.23%
OSL:NORBT (9/5/2025, 7:00:00 PM)
194.2
-0.4 (-0.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst Owners19.3%
Inst Owner ChangeN/A
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap12.42B
Analysts84
Price Target234.6 (20.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.54% |
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)17.95%
PT rev (3m)17.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)43.46%
EPS NY rev (1m)19.25%
EPS NY rev (3m)19.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.7%
Revenue NY rev (1m)-0.9%
Revenue NY rev (3m)9.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.25 | ||
| Fwd PE | 21.49 | ||
| P/S | 6.65 | ||
| P/FCF | 39.16 | ||
| P/OCF | 25.96 | ||
| P/B | 10 | ||
| P/tB | 38.2 | ||
| EV/EBITDA | 22.45 |
EPS(TTM)5.67
EY2.92%
EPS(NY)9.04
Fwd EY4.65%
FCF(TTM)4.96
FCFY2.55%
OCF(TTM)7.48
OCFY3.85%
SpS29.22
BVpS19.41
TBVpS5.08
PEG (NY)0.4
PEG (5Y)1.55
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 | 8.6 |
F-Score6
WACC8.37%
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 Y85.19%
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 Year112.03%
EBIT Next 3Y38.97%
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%