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Norbit OB:NORBT Stock Report

Last Price

NOK 94.00

Market Cap

NOK 5.9b

7D

-1.1%

1Y

72.8%

Updated

18 Dec, 2024

Data

Company Financials +

NORBT Stock Overview

Provides technology products and solutions. More details

NORBT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Norbit ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Norbit
Historical stock prices
Current Share PriceNOK 94.00
52 Week HighNOK 100.20
52 Week LowNOK 52.00
Beta0.46
1 Month Change4.79%
3 Month Change6.82%
1 Year Change72.79%
3 Year Change213.33%
5 Year Change388.11%
Change since IPO352.14%

Recent News & Updates

Norbit ASA Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Nov 17
Norbit ASA Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Norbit's (OB:NORBT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Aug 23
Norbit's (OB:NORBT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Recent updates

Norbit ASA Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Nov 17
Norbit ASA Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next

Norbit's (OB:NORBT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Aug 23
Norbit's (OB:NORBT) Weak Earnings May Only Reveal A Part Of The Whole Picture

Earnings Beat: Norbit ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 19
Earnings Beat: Norbit ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Norbit ASA's (OB:NORBT) 27% Jump Shows Its Popularity With Investors

Jul 05
Norbit ASA's (OB:NORBT) 27% Jump Shows Its Popularity With Investors

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

Shareholder Returns

NORBTNO ElectronicNO Market
7D-1.1%0.3%-2.3%
1Y72.8%-4.2%-0.1%

Return vs Industry: NORBT exceeded the Norwegian Electronic industry which returned -4.2% over the past year.

Return vs Market: NORBT exceeded the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is NORBT's price volatile compared to industry and market?
NORBT volatility
NORBT Average Weekly Movement4.2%
Electronic Industry Average Movement5.7%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

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

Volatility Over Time: NORBT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995550Per 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 capNOK 5.85b
Earnings (TTM)NOK 180.30m
Revenue (TTM)NOK 1.59b

33.2x

P/E Ratio

3.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORBT income statement (TTM)
RevenueNOK 1.59b
Cost of RevenueNOK 653.10m
Gross ProfitNOK 938.20m
Other ExpensesNOK 757.90m
EarningsNOK 180.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)2.83
Gross Margin58.96%
Net Profit Margin11.33%
Debt/Equity Ratio45.0%

How did NORBT perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

52%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 19:48
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
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