Tomra Systems ASA

OB:TOM Stock Report

Market Cap: NOK 27.7b

Tomra Systems Dividends and Buybacks

Dividend criteria checks 3/6

Tomra Systems is a dividend paying company with a current yield of 2.2% that is well covered by earnings. Next payment date is on 19th May, 2026 with an ex-dividend date of 24th April, 2026.

Key information

2.2%

Dividend yield

0.06%

Buyback Yield

Total Shareholder Yield2.3%
Future Dividend Yield5.3%
Dividend Growth6.7%
Next dividend pay date19 May 26
Ex dividend date24 Apr 26
Dividend per sharen/a
Payout ratio66%

Recent dividend and buyback updates

Recent updates

TOM: Modest P/E Adjustment Will Still Support Further Upside Potential

Analysts now set a slightly lower price target for Tomra Systems at about NOK 148, compared with roughly NOK 150 previously. This change reflects updated assumptions for the discount rate, revenue growth, profit margins and future P/E expectations.

TOM: Higher Risk Assumptions Will Support Re Rating Potential

Analysts have adjusted their price target for Tomra Systems to NOK 193.78, down from NOK 198.37, citing updated assumptions that include a higher discount rate, a different profit margin outlook, a revised revenue growth view, and a higher future P/E multiple. Valuation Changes Fair Value: NOK 193.78, reduced slightly from NOK 198.37.

TOM: Slightly Higher Discount Rate And P/E Will Shape Balanced Outlook

Analysts have trimmed their Tomra Systems price target by roughly NOK 1 to about NOK 108, reflecting updated assumptions around slightly higher discount rates, more moderate revenue growth, marginally stronger profit margins and a higher future P/E multiple. Valuation Changes Fair Value: NOK 109.88 has been adjusted slightly to around NOK 108.41.

TOM: Slightly Higher Future P/E Multiple Will Support Further Upside Ahead

Analysts have modestly adjusted their price target on Tomra Systems to NOK150.25, reflecting small tweaks to assumptions around the discount rate, long term revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: NOK150.25 is unchanged, with no adjustment to the overall equity value estimate.

TOM: Higher Future P E Multiple Will Support Further Upside Ahead

Analysts have slightly lowered their price target on Tomra Systems to NOK 150.25 from NOK 150.96, citing updated assumptions for revenue growth, profit margins, and a higher expected future P/E multiple. Valuation Changes Fair Value: NOK 150.25, down slightly from NOK 150.96, reflecting modestly updated model inputs.

TOM: Higher Discount Rate And Lower P/E Will Pressure Future Upside

Analysts have trimmed their fair value estimate for Tomra Systems from NOK 128.16 to NOK 109.88, citing updated assumptions that combine a higher discount rate and lower future P/E with slightly adjusted expectations for revenue growth and profit margins. Valuation Changes Fair value estimate reduced from NOK 128.16 to NOK 109.88, reflecting the updated input assumptions.

TOM: Poland Rollout And Index Inclusion Will Support Further Upside Ahead

Narrative Update The analyst price target for Tomra Systems has been adjusted slightly lower to reflect a fair value move from NOK 154.14 to NOK 150.96, with analysts pointing to modestly updated assumptions on discount rate, revenue growth, profit margin and future P/E as the key drivers. Valuation Changes Fair Value: Analyst fair value estimate eased slightly from NOK 154.14 to NOK 150.96.

These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well

Jan 15
These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well

TOM: Poland Rollout And Buy Upgrade Will Support Re Rating

Analysts have trimmed their fair value estimate for Tomra Systems from NOK 211.29 to NOK 198.37, reflecting updated views on growth, margins and future P/E multiples after recent research that includes both a lower NOK 135 target from Jefferies and a NOK 155 target alongside an upgrade to Buy. Analyst Commentary Bullish analysts are highlighting select positives in the recent research, even as views differ on near term risks and valuation.

Should You Think About Buying Tomra Systems ASA (OB:TOM) Now?

Dec 16
Should You Think About Buying Tomra Systems ASA (OB:TOM) Now?

TOM: Poland Rollout And Index Inclusion Will Support Upside Ahead

Analysts have modestly raised their fair value estimate for Tomra Systems to approximately NOK 154 from about NOK 150, reflecting a slightly lower discount rate, improved long term margin expectations, and a still supportive but somewhat lower future earnings multiple despite mixed recent Street price target revisions. Analyst Commentary Street research on Tomra Systems has turned more mixed, with some bullish analysts growing more constructive on the risk reward while others remain cautious on execution and end market headwinds.

TOM: Poland Market Entry Will Drive Upside Amid Competitive Headwinds Ahead

Analysts have revised Tomra Systems' price target downward from NOK 155 to NOK 135. This change reflects concerns about persistent rollout challenges in deposit return systems, rising competition, and continued softness in the recycling segment.

TOM: Expansion In Poland Will Drive Long-Term Upside Amid Industry Shifts

Analysts have revised Tomra Systems' fair value estimate downward from NOK 155.33 to NOK 149.56. They cite subdued earnings momentum and ongoing structural headwinds highlighted in recent research notes.

What Tomra Systems ASA's (OB:TOM) P/E Is Not Telling You

Nov 05
What Tomra Systems ASA's (OB:TOM) P/E Is Not Telling You

TOM: Order Win And Index Inclusion Will Support Near-Term Market Recovery

Analysts have revised Tomra Systems' fair value estimate downward from NOK 163.26 to NOK 155.33 per share, citing ongoing competitive pressures, market rollout risks, and subdued earnings momentum as key drivers of this change. Analyst Commentary Recent analyst updates highlight a range of perspectives on Tomra Systems' outlook, focusing on both positive catalysts and ongoing challenges that could impact the company's performance and valuation.

Deposit Systems And EU Mandates Will Expand Circular Economy Markets

Analysts have lowered their price target for Tomra Systems from kr174.98 to kr163.26, citing slightly reduced expectations for revenue growth and profit margin in their updated forecasts. What's in the News TOMRA has secured an order for 3,000 reverse vending machines to be delivered to Dino Polska, a major Polish retailer.

Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?

Aug 21
Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?

Tomra Systems (OB:TOM) Has More To Do To Multiply In Value Going Forward

Jun 25
Tomra Systems (OB:TOM) Has More To Do To Multiply In Value Going Forward

Shareholders Should Be Pleased With Tomra Systems ASA's (OB:TOM) Price

Jun 10
Shareholders Should Be Pleased With Tomra Systems ASA's (OB:TOM) Price

Is Tomra Systems (OB:TOM) Using Too Much Debt?

May 26
Is Tomra Systems (OB:TOM) Using Too Much Debt?

Here's Why Tomra Systems ASA's (OB:TOM) CEO May Not Expect A Pay Rise This Year

Apr 30
Here's Why Tomra Systems ASA's (OB:TOM) CEO May Not Expect A Pay Rise This Year

Is Now An Opportune Moment To Examine Tomra Systems ASA (OB:TOM)?

Apr 07
Is Now An Opportune Moment To Examine Tomra Systems ASA (OB:TOM)?

Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr171

Feb 19
Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr171

Getting In Cheap On Tomra Systems ASA (OB:TOM) Might Be Difficult

Feb 08
Getting In Cheap On Tomra Systems ASA (OB:TOM) Might Be Difficult

We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt

Jan 19
We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt
User avatar

Deposit Return Schemes And Autosort PULSE Innovations Poised To Propel Growth And Boost Profitability

Restructuring in the Food division and strong backlog orders are set to enhance profitability, drive growth, and increase future revenue.

Is There Now An Opportunity In Tomra Systems ASA (OB:TOM)?

Dec 13
Is There Now An Opportunity In Tomra Systems ASA (OB:TOM)?

Tomra Systems' (OB:TOM) Soft Earnings Don't Show The Whole Picture

Oct 29
Tomra Systems' (OB:TOM) Soft Earnings Don't Show The Whole Picture

Is Tomra Systems (OB:TOM) A Risky Investment?

Oct 17
Is Tomra Systems (OB:TOM) A Risky Investment?

Tomra Systems (OB:TOM) Will Be Hoping To Turn Its Returns On Capital Around

Oct 03
Tomra Systems (OB:TOM) Will Be Hoping To Turn Its Returns On Capital Around

A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Sep 20
A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?

Aug 09
Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?

Tomra Systems ASA's (OB:TOM) 35% Price Boost Is Out Of Tune With Revenues

Jul 27
Tomra Systems ASA's (OB:TOM) 35% Price Boost Is Out Of Tune With Revenues

We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt

Jul 11
We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt

Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return

Jun 10
Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return

A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

May 28
A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)

Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr117

May 01
Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr117

When Should You Buy Tomra Systems ASA (OB:TOM)?

Apr 19
When Should You Buy Tomra Systems ASA (OB:TOM)?

Tomra Systems ASA (OB:TOM) Looks Just Right With A 28% Price Jump

Mar 03
Tomra Systems ASA (OB:TOM) Looks Just Right With A 28% Price Jump

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TOM's dividends per share have been stable in the past 10 years.

Growing Dividend: TOM's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Tomra Systems Dividend Yield vs Market
How does TOM dividend yield compare to the market?
SegmentDividend Yield
Company (TOM)2.2%
Market Bottom 25% (NO)3.1%
Market Top 25% (NO)7.2%
Industry Average (Machinery)1.9%
Analyst forecast (TOM) (up to 3 years)5.3%

Notable Dividend: TOM's dividend (2.2%) isn’t notable compared to the bottom 25% of dividend payers in the Norwegian market (3.1%).

High Dividend: TOM's dividend (2.2%) is low compared to the top 25% of dividend payers in the Norwegian market (7.21%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (66.3%), TOM's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (163.2%), TOM's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/02 02:17
End of Day Share Price 2026/04/30 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Tomra Systems ASA is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Pallav MittalBarclays
Gaurav JainBarclays