NORBIT ASA (NORBT.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:NORBT - NO0010856511 - Common Stock
176.8 NOK
+1 (+0.57%)
Taking everything into account, NORBT scores 8 out of 10 in our fundamental rating. NORBT was compared to 52 industry peers in the Electronic Equipment, Instruments & Components industry. NORBT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. NORBT is not priced too expensively while it is growing strongly. Keep and eye on this one! With these ratings, NORBT could be worth investigating further 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.
In the past 5 years NORBT has always been profitable.
NORBT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NORBT has a Return On Assets of 15.01%. This is amongst the best in the industry. NORBT outperforms 98.08% of its industry peers.
NORBT has a Return On Equity of 30.32%. This is amongst the best in the industry. NORBT outperforms 98.08% 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
With an excellent Profit Margin value of 16.96%, 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.
With an excellent Operating Margin value of 23.62%, NORBT belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
NORBT's Operating Margin has improved in the last couple of years.
The Gross Margin of NORBT (60.04%) is better than 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.
The number of shares outstanding for NORBT has been increased compared to 1 year ago.
Compared to 5 years ago, NORBT has more shares outstanding
Compared to 1 year ago, NORBT has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.69 indicates that NORBT is not in any danger for bankruptcy at the moment.
NORBT has a better Altman-Z score (7.69) than 92.31% 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.
A Debt/Equity ratio of 0.44 indicates that NORBT is not too dependend on debt financing.
The Debt to Equity ratio of NORBT (0.44) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 7.69 |
ROIC/WACC2.59
WACC8.4%
2.3 Liquidity
NORBT has a Current Ratio of 1.73. This is a normal value and indicates that NORBT is financially healthy and should not expect problems in meeting 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.
The Quick ratio of NORBT (0.82) is worse than 73.08% of its industry peers.
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 | 1.73 | ||
| 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.
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)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
Based on estimates for the next years, NORBT will show a very strong growth in Earnings Per Share. The EPS will grow by 32.01% on average per year.
NORBT is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 22.28% yearly.
EPS Next Y96.25%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
EPS Next 5Y32.01%
Revenue Next Year47.25%
Revenue Next 2Y29.84%
Revenue Next 3Y23.83%
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
With a Price/Earnings ratio of 29.81, NORBT can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of NORBT indicates a somewhat cheap valuation: NORBT is cheaper than 63.46% of the companies listed in the same industry.
NORBT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.31.
NORBT is valuated rather expensively with a Price/Forward Earnings ratio of 19.70.
NORBT's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of NORBT to the average of the S&P500 Index (36.59), we can say NORBT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.81 | ||
| Fwd PE | 19.7 |
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.
The rest of the industry has a similar Price/Free Cash Flow ratio as NORBT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.79 | ||
| EV/EBITDA | 18.39 |
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 36.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.31
PEG (5Y)1.35
EPS Next 2Y51.52%
EPS Next 3Y36.31%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.41%, NORBT has a reasonable but not impressive dividend return.
NORBT's Dividend Yield is a higher than the industry average which is at 2.94.
NORBT's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
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.
NORBT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.71%
EPS Next 2Y51.52%
EPS Next 3Y36.31%
OSL:NORBT (11/28/2025, 7:00:00 PM)
176.8
+1 (+0.57%)
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 Cap11.31B
Revenue(TTM)1.75B
Net Income(TTM)362.00M
Analysts84
Price Target234.6 (32.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.41% |
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)1.9%
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 | 29.81 | ||
| Fwd PE | 19.7 | ||
| P/S | 5.3 | ||
| P/FCF | 33.79 | ||
| P/OCF | 21.99 | ||
| P/B | 9.47 | ||
| P/tB | 45.85 | ||
| EV/EBITDA | 18.39 |
EPS(TTM)5.93
EY3.35%
EPS(NY)8.98
Fwd EY5.08%
FCF(TTM)5.23
FCFY2.96%
OCF(TTM)8.04
OCFY4.55%
SpS33.37
BVpS18.67
TBVpS3.86
PEG (NY)0.31
PEG (5Y)1.35
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 | 7.69 |
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 5Y32.01%
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 5Y22.28%
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 29.81 and the Price/Book (PB) ratio is 9.47.
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%.