Norbit ASA

BATS-CHIXE:NORBTO Stock Report

Market Cap: NOK 5.8b

Norbit Past Earnings Performance

Past criteria checks 3/6

Norbit has been growing earnings at an average annual rate of 33.3%, while the Electronic industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 23.4% per year. Norbit's return on equity is 22.4%, and it has net margins of 10.8%.

Key information

33.3%

Earnings growth rate

30.3%

EPS growth rate

Electronic Industry Growth5.5%
Revenue growth rate23.4%
Return on equity22.4%
Net Margin10.8%
Next Earnings Update14 Nov 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Norbit makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BATS-CHIXE:NORBTO Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 241,5481673920
31 Mar 241,5471643880
31 Dec 231,5191853670
30 Sep 231,4701823350
30 Jun 231,4111723100
31 Mar 231,3091462750
31 Dec 221,1681072550
30 Sep 221,069792410
30 Jun 221,000782240
31 Mar 22874622080
31 Dec 21788481890
30 Sep 21701331720
30 Jun 21651371600
31 Mar 21616211580
31 Dec 20619271580
30 Sep 20643551580
30 Jun 20648591380
31 Mar 20662481570
31 Dec 19668771480
30 Sep 19609601400
30 Jun 19560491480
31 Mar 19506851230
31 Dec 18438481160
31 Dec 1735030890
31 Dec 16310-6810
31 Dec 153809910

Quality Earnings: NORBTO has high quality earnings.

Growing Profit Margin: NORBTO's current net profit margins (10.8%) are lower than last year (12.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NORBTO's earnings have grown significantly by 33.3% per year over the past 5 years.

Accelerating Growth: NORBTO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NORBTO had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Electronic industry average (9.3%).

Return on Equity

High ROE: NORBTO's Return on Equity (22.4%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/11 19:35
End of Day Share Price 2024/07/15 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Norbit ASA is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kenneth SivertsenPareto Securities
Marcus GavelliPareto Securities