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Norbit OB:NORBT Stock Report

Last Price

kr68.70

Market Cap

kr4.1b

7D

-0.4%

1Y

55.8%

Updated

24 Apr, 2024

Data

Company Financials +

NORBT Stock Overview

Norbit ASA provides technology products and solutions.

NORBT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance6/6
Financial Health6/6
Dividends2/6

Rewards

Risk Analysis

NORBT passed our risk checks.

Norbit ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Norbit
Historical stock prices
Current Share Pricekr68.70
52 Week Highkr74.40
52 Week Lowkr41.20
Beta0.54
1 Month Change1.03%
3 Month Change14.88%
1 Year Change55.78%
3 Year Change215.14%
5 Year Changen/a
Change since IPO230.45%

Recent News & Updates

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

Recent updates

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?

Is Norbit (OB:NORBT) Using Too Much Debt?

Jan 15
Is Norbit (OB:NORBT) Using Too Much Debt?

If You Had Bought Norbit's (OB:NORBT) Shares A Year Ago You Would Be Down 11%

Dec 28
If You Had Bought Norbit's (OB:NORBT) Shares A Year Ago You Would Be Down 11%

Can Norbit (OB:NORBT) Continue To Grow Its Returns On Capital?

Dec 14
Can Norbit (OB:NORBT) Continue To Grow Its Returns On Capital?

Norbit ASA's (OB:NORBIT) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Nov 26
Norbit ASA's (OB:NORBIT) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Shareholder Returns

NORBTNO ElectronicNO Market
7D-0.4%0.06%0.1%
1Y55.8%-4.1%4.6%

Return vs Industry: NORBT exceeded the Norwegian Electronic industry which returned -7.4% over the past year.

Return vs Market: NORBT exceeded the Norwegian Market which returned 2.9% over the past year.

Price Volatility

Is NORBT's price volatile compared to industry and market?
NORBT volatility
NORBT Average Weekly Movement4.6%
Electronic Industry Average Movement4.6%
Market Average Movement5.2%
10% most volatile stocks in NO Market10.5%
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 capkr4.12b
Earnings (TTM)kr185.30m
Revenue (TTM)kr1.52b

22.2x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORBT income statement (TTM)
Revenuekr1.52b
Cost of Revenuekr614.70m
Gross Profitkr904.20m
Other Expenseskr718.90m
Earningskr185.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 15, 2024

Earnings per share (EPS)3.09
Gross Margin59.53%
Net Profit Margin12.20%
Debt/Equity Ratio26.7%

How did NORBT perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

50%

Payout Ratio

Does NORBT pay a reliable dividends?

See NORBT dividend history and benchmarks
When do you need to buy NORBT by to receive an upcoming dividend?
Norbit dividend dates
Ex Dividend DateMay 07 2024
Dividend Pay DateMay 16 2024
Days until Ex dividend12 days
Days until Dividend pay date21 days

Does NORBT pay a reliable dividends?

See NORBT dividend history and benchmarks
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