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Norbit OB:NORBT Stock Report

Last Price

kr68.40

Market Cap

kr4.0b

7D

2.7%

1Y

14.8%

Updated

10 Jun, 2024

Data

Company Financials +

Norbit ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Norbit
Historical stock prices
Current Share Pricekr68.40
52 Week Highkr76.50
52 Week Lowkr48.00
Beta0.51
1 Month Change-0.44%
3 Month Change2.70%
1 Year Change14.77%
3 Year Change255.32%
5 Year Changen/a
Change since IPO229.00%

Recent News & Updates

We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Apr 30
We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Recent updates

We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Apr 30
We Think Shareholders Will Probably Be Generous With Norbit ASA's (OB:NORBT) CEO Compensation

Norbit's (OB:NORBT) Dividend Will Be Increased To NOK2.55

Apr 26
Norbit's (OB:NORBT) Dividend Will Be Increased To NOK2.55

Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 10
Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

If EPS Growth Is Important To You, Norbit (OB:NORBT) Presents An Opportunity

Oct 19
If EPS Growth Is Important To You, Norbit (OB:NORBT) Presents An Opportunity

Norbit (OB:NORBT) Could Become A Multi-Bagger

Aug 19
Norbit (OB:NORBT) Could Become A Multi-Bagger

Here's Why Norbit (OB:NORBT) Has Caught The Eye Of Investors

May 11
Here's Why Norbit (OB:NORBT) Has Caught The Eye Of Investors

Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK0.70

Apr 02
Norbit (OB:NORBT) Will Pay A Larger Dividend Than Last Year At NOK0.70

Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 11
Norbit's (OB:NORBT) Shareholders Will Receive A Bigger Dividend Than Last Year

Norbit (OB:NORBT) Has Announced That It Will Be Increasing Its Dividend To NOK0.70

Feb 18
Norbit (OB:NORBT) Has Announced That It Will Be Increasing Its Dividend To NOK0.70

These 4 Measures Indicate That Norbit (OB:NORBT) Is Using Debt Reasonably Well

Dec 08
These 4 Measures Indicate That Norbit (OB:NORBT) Is Using Debt Reasonably Well

Norbit (OB:NORBT) Is Experiencing Growth In Returns On Capital

Nov 05
Norbit (OB:NORBT) Is Experiencing Growth In Returns On Capital

A Look At The Fair Value Of Norbit ASA (OB:NORBT)

May 11
A Look At The Fair Value Of Norbit ASA (OB:NORBT)

Is It Time To Consider Buying Norbit ASA (OB:NORBT)?

Sep 30
Is It Time To Consider Buying Norbit ASA (OB:NORBT)?

Upgrade: Analysts Just Made A Sizeable Increase To Their Norbit ASA (OB:NORBT) Forecasts

Aug 17
Upgrade: Analysts Just Made A Sizeable Increase To Their Norbit ASA (OB:NORBT) Forecasts

Investors Could Be Concerned With Norbit's (OB:NORBT) Returns On Capital

Aug 14
Investors Could Be Concerned With Norbit's (OB:NORBT) Returns On Capital

Here's Why Norbit (OB:NORBT) Has A Meaningful Debt Burden

Apr 16
Here's Why Norbit (OB:NORBT) Has A Meaningful Debt Burden

The Returns At Norbit (OB:NORBT) Provide Us With Signs Of What's To Come

Mar 17
The Returns At Norbit (OB:NORBT) Provide Us With Signs Of What's To Come

Declining Stock and Decent Financials: Is The Market Wrong About Norbit ASA (OB:NORBT)?

Mar 02
Declining Stock and Decent Financials: Is The Market Wrong About Norbit ASA (OB:NORBT)?

Group Chief Executive Officer Per Weisethaunet Just Bought A Handful Of Shares In Norbit ASA (OB:NORBT)

Feb 13
Group Chief Executive Officer Per Weisethaunet Just Bought A Handful Of Shares In Norbit ASA (OB:NORBT)

Should You Buy Norbit ASA (OB:NORBT) For Its Dividend?

Feb 02
Should You Buy Norbit ASA (OB:NORBT) For Its Dividend?

Shareholder Returns

NORBTNO ElectronicNO Market
7D2.7%-1.7%-1.6%
1Y14.8%-23.1%5.8%

Return vs Industry: NORBT exceeded the Norwegian Electronic industry which returned -23.1% over the past year.

Return vs Market: NORBT exceeded the Norwegian Market which returned 5.8% over the past year.

Price Volatility

Is NORBT's price volatile compared to industry and market?
NORBT volatility
NORBT Average Weekly Movement5.0%
Electronic Industry Average Movement4.8%
Market Average Movement5.0%
10% most volatile stocks in NO Market11.1%
10% least volatile stocks in NO Market3.0%

Stable Share Price: NORBT has not had significant price volatility in the past 3 months.

Volatility Over Time: NORBT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995500Per Weisethaunetwww.norbit.com

Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; customized cable assemblies, electromechanical box builds, and operational solutions; SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; SECurus provides thermal and daylight stabilized camera solutions; SeaView, which offers thermal and daylight, pan, tilt, and zoom for environmental monitoring, and security and general surveillance; and SeaDarQ, a radar processing solution.

Norbit ASA Fundamentals Summary

How do Norbit's earnings and revenue compare to its market cap?
NORBT fundamental statistics
Market capkr4.02b
Earnings (TTM)kr163.60m
Revenue (TTM)kr1.55b

25.2x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORBT income statement (TTM)
Revenuekr1.55b
Cost of Revenuekr651.60m
Gross Profitkr895.00m
Other Expenseskr731.40m
Earningskr163.60m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 15, 2024

Earnings per share (EPS)2.72
Gross Margin57.87%
Net Profit Margin10.58%
Debt/Equity Ratio23.8%

How did NORBT perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

57%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.