NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
186.4 NOK
+4 (+2.19%)
We assign a fundamental rating of 7 out of 10 to NORBT. 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 priced too expensively while it is growing strongly. Keep and eye on this one! This makes NORBT very considerable for growth 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.
- NORBT had positive earnings in each of the past 5 years.
- In the past 5 years NORBT always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 15.16%, NORBT belongs to the best of the industry, outperforming 98.08% of the companies in the same industry.
- With an excellent Return On Equity value of 30.22%, NORBT belongs to the best of the industry, outperforming 98.08% of the companies in the same industry.
- 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 last Return On Invested Capital (21.69%) for NORBT is above the 3 year average (17.33%), which is a sign of increasing profitability.
| 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
- With an excellent Profit Margin value of 16.70%, NORBT belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
- 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.
- In the last couple of years the Operating Margin of NORBT has grown nicely.
- NORBT's Gross Margin of 58.86% is fine compared to the rest of the industry. NORBT outperforms 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), NORBT is creating value.
- The number of shares outstanding for NORBT has been increased compared to 1 year ago.
- The number of shares outstanding for NORBT has been increased compared to 5 years ago.
- The debt/assets ratio for NORBT is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 7.80 indicates that NORBT is not in any danger for bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 7.80, NORBT belongs to the top of the industry, outperforming 90.38% of the companies in the same industry.
- 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 has a better Debt to FCF ratio (2.51) than 78.85% 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 | 2.51 | ||
| Altman-Z | 7.8 |
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.
- A Quick Ratio of 0.74 indicates that NORBT may have some problems paying its short term obligations.
- With a Quick ratio value of 0.74, NORBT is not doing good in the industry: 78.85% of the companies in the same industry are doing better.
- 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 | 1.79 | ||
| 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
- NORBT shows a strong growth in Revenue. In the last year, the Revenue has grown by 42.51%.
- 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)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.
- The Revenue is expected to grow by 22.28% on average over the next years. This is a very strong growth
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
- 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
- A Price/Earnings ratio of 31.43 indicates a quite expensive valuation of NORBT.
- Based on the Price/Earnings ratio, NORBT is valued a bit cheaper than 69.23% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, NORBT is valued at the same level.
- The Price/Forward Earnings ratio is 20.86, which indicates a rather expensive current valuation of NORBT.
- NORBT's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.30. NORBT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.43 | ||
| Fwd PE | 20.86 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NORBT is on the same level as its industry peers.
- Based on the Price/Free Cash Flow ratio, NORBT is valued a bit more expensive than 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 48.67 | ||
| EV/EBITDA | 18.03 |
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 35.86% in the coming years.
PEG (NY)0.36
PEG (5Y)1.42
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.
- Compared to an average industry Dividend Yield of 1.54, NORBT pays a bit more dividend than its industry peers.
- NORBT's Dividend Yield is rather good when compared to the S&P500 average which is at 1.86.
| 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 (1/22/2026, 12:21:56 PM)
186.4
+4 (+2.19%)
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 Cap11.92B
Revenue(TTM)2.27B
Net Income(TTM)378.80M
Analysts84
Price Target234.6 (25.86%)
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 | 31.43 | ||
| Fwd PE | 20.86 | ||
| P/S | 5.26 | ||
| P/FCF | 48.67 | ||
| P/OCF | 27.77 | ||
| P/B | 9.51 | ||
| P/tB | 39.63 | ||
| EV/EBITDA | 18.03 |
EPS(TTM)5.93
EY3.18%
EPS(NY)8.94
Fwd EY4.79%
FCF(TTM)3.83
FCFY2.05%
OCF(TTM)6.71
OCFY3.6%
SpS35.46
BVpS19.6
TBVpS4.7
PEG (NY)0.36
PEG (5Y)1.42
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 | 7.8 |
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 31.43 and the Price/Book (PB) ratio is 9.51.
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%.