Norbit Future Growth

Future criteria checks 5/6

Norbit is forecast to grow earnings and revenue by 20.8% and 15% per annum respectively. EPS is expected to grow by 20.6% per annum. Return on equity is forecast to be 30.8% in 3 years.

Key information

20.8%

Earnings growth rate

20.6%

EPS growth rate

Electronic earnings growth	19.3%
Revenue growth rate	15.0%
Future return on equity	30.8%
Analyst coverage	Low
Last updated	19 Feb 2024

Recent future growth updates

Recent updates

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

Feb 18

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

Dec 08

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

Nov 05

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

May 11

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

Sep 30

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

Aug 17

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

Aug 14

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

Apr 16

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

Mar 17

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

Mar 02

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

Feb 13

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

Feb 02

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

Jan 15

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

Dec 28

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

Dec 14

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

Nov 26

Earnings and Revenue Growth Forecasts

OB:NORBT - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,396	355	N/A	N/A	1
12/31/2025	2,058	303	N/A	N/A	1
12/31/2024	1,759	246	N/A	N/A	1
12/31/2023	1,519	185	239	346	N/A
9/30/2023	1,470	182	98	192	N/A
6/30/2023	1,411	172	106	192	N/A
3/31/2023	1,309	146	90	177	N/A
12/31/2022	1,168	107	-6	86	N/A
9/30/2022	1,069	79	-14	75	N/A
6/30/2022	1,000	78	-13	78	N/A
3/31/2022	874	62	-27	56	N/A
12/31/2021	788	48	-32	48	N/A
9/30/2021	701	33	9	92	N/A
6/30/2021	651	37	-21	67	N/A
3/31/2021	616	21	-31	92	N/A
12/31/2020	619	27	-45	92	N/A
9/30/2020	643	55	-38	99	N/A
6/30/2020	648	59	-25	104	N/A
3/31/2020	662	48	-56	38	N/A
12/31/2019	668	77	-41	41	N/A
9/30/2019	609	60	-101	-17	N/A
6/30/2019	560	49	-84	-3	N/A
3/31/2019	506	85	-46	41	N/A
12/31/2018	438	48	-60	16	N/A
12/31/2017	350	30	-16	10	N/A
12/31/2016	310	-6	N/A	24	N/A
12/31/2015	380	9	N/A	24	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NORBT's forecast earnings growth (20.8% per year) is above the savings rate (2%).

Earnings vs Market: NORBT's earnings (20.8% per year) are forecast to grow faster than the Norwegian market (13.3% per year).

High Growth Earnings: NORBT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NORBT's revenue (15% per year) is forecast to grow faster than the Norwegian market (2.4% per year).

High Growth Revenue: NORBT's revenue (15% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NORBT's Return on Equity is forecast to be high in 3 years time (30.8%)

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Norbit Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Norbit Asa Raises Earnings Guidance for 2023

Norbit ASA Reiterates Revenue Guidance for the Year 2023

Price target increased by 25% to kr50.00

Norbit Asa Provides Earnings Guidance for the Year 2023

Norbit ASA Provides Earnings Guidance for the Full Year 2022

Norbit ASA Provides Revenue Guidance for the Third Quarter and Earnings Guidance for the Full Year 2022

Recent updates

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

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

Independent Deputy Chairperson recently bought kr299k worth of stock

Dividend increased to kr2.55

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Now 20% overvalued after recent price rise

Now 21% overvalued after recent price rise

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Norbit ASA to Report First Half, 2024 Results on Aug 15, 2024

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

Investor sentiment improves as stock rises 15%

Norbit ASA (OB:NORBT) agreed to acquire Ping DSP.

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

Norbit Asa Raises Earnings Guidance for 2023

Second quarter 2023 earnings released: EPS: kr1.15 (vs kr0.73 in 2Q 2022)

Business Unit Director of Oceans recently sold kr303k worth of stock

Investor sentiment improves as stock rises 18%

Norbit ASA Reiterates Revenue Guidance for the Year 2023

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

Norbit ASA Approves Dividend Distribution, Payable on or About 16 May 2023

Upcoming dividend of kr0.70 per share at 1.7% yield

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

Investor sentiment improves as stock rises 19%

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

Price target increased by 25% to kr50.00

Norbit Asa Provides Earnings Guidance for the Year 2023

Norbit ASA (OB:NORBT) acquired Cps As.

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

Norbit ASA to Report Q4, 2023 Results on Feb 15, 2024

Third quarter 2022 earnings released: EPS: kr0.20 (vs kr0.17 in 3Q 2021)

Third quarter 2022 earnings released: EPS: kr0.20 (vs kr0.17 in 3Q 2021)

Norbit ASA Provides Earnings Guidance for the Full Year 2022

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

Group Chief Executive Officer recently bought kr265k worth of stock

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Norbit ASA Provides Revenue Guidance for the Third Quarter and Earnings Guidance for the Full Year 2022

First quarter 2022 earnings: EPS misses analyst expectations

Norbit ASA Provides Earnings Guidance for the Second Quarter of 2022

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

Norbit ASA Approves Dividend, Payable on or About 18 May 2022

Upcoming dividend of kr0.30 per share

High number of new and inexperienced directors

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Norbit ASA Proposes Dividend for the Fiscal Year 2021, Payable on or About 18 May 2022

Norbit ASA Provides Revenue Guidance for the Year 2022

Investor sentiment deteriorated over the past week

Group Chief Executive Officer recently bought kr834k worth of stock

Third quarter 2021 earnings released: EPS kr0.17 (vs kr0.24 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

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

Independent Chairperson recently bought kr97k worth of stock

Consensus revenue estimates increase to kr778.6m

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

Second quarter 2021 earnings released: EPS kr0.48 (vs kr0.20 in 2Q 2020)

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

Investor sentiment improved over the past week

Independent Deputy Chairperson recently bought kr195k worth of stock

First quarter 2021 earnings released: kr0.028 loss per share (vs kr0.086 profit in 1Q 2020)

Norbit ASA Provides Revenue Guidance for the Second Quarter of 2021

Investor sentiment deteriorated over the past week

Norbit ASA Approves Dividend Distribution, Payable on or About 18 May 2021

Upcoming dividend of kr0.30 per share

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

Full year 2020 earnings released: EPS kr0.48 (vs kr1.45 in FY 2019)

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

Norbit ASA (OB:NORBT) agreed to acquire Business and Assets of StalkIT for NOK 24 million.