NORBIT ASA |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 85.3 NOK | +1.67% |
|
+7.03% | +49.65% |
| Jul. 02 | Norbit ASA announced that it expects to receive NOK 200 million in funding | CI |
| Jun. 27 | Norbit to Purchase Germany-based Innomar Technologie | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,136 | 1,022 | 1,830 | 1,696 | 3,419 | 5,265 | - | - |
| Enterprise Value (EV) 1 | 1,142 | 1,125 | 2,103 | 2,016 | 3,624 | 5,525 | 5,465 | 5,440 |
| P/E ratio | 13.8 x | 37.5 x | 37.7 x | - | 18.4 x | 21 x | 16.7 x | 14.3 x |
| Yield | 3% | 1.67% | 0.96% | 2.43% | 2.72% | 1.91% | 2.69% | 3.49% |
| Capitalization / Revenue | 1.7 x | 1.65 x | 2.32 x | 1.45 x | 2.25 x | 3.01 x | 2.57 x | 2.2 x |
| EV / Revenue | 1.71 x | 1.82 x | 2.67 x | 1.73 x | 2.39 x | 3.16 x | 2.66 x | 2.28 x |
| EV / EBITDA | 7.63 x | 12 x | 14.7 x | - | 9.25 x | 12.6 x | 10.5 x | 9.17 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 2.56 x | - | 3.68 x | 5.21 x | 4.31 x | 5.84 x | 4.79 x | 4.03 x |
| Nbr of stocks (in thousands) | 56,787 | 56,787 | 58,459 | 58,884 | 59,974 | 62,754 | - | - |
| Reference price 2 | 20.00 | 18.00 | 31.30 | 28.80 | 57.00 | 83.90 | 83.90 | 83.90 |
| Announcement Date | 2/14/20 | 2/10/21 | 2/15/22 | 2/15/23 | 2/15/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 668.2 | 618.8 | 787.8 | 1,168 | 1,519 | 1,750 | 2,051 | 2,388 |
| EBITDA 1 | 149.7 | 93.5 | 142.6 | - | 391.8 | 439 | 522 | 593 |
| EBIT 1 | 102.9 | 44.35 | 73.51 | - | 284.2 | 326 | 406 | 468 |
| Operating Margin | 15.4% | 7.17% | 9.33% | - | 18.71% | 18.62% | 19.79% | 19.6% |
| Earnings before Tax (EBT) | 95.43 | 34.82 | 63.75 | - | 246 | - | 386 | 452 |
| Net income | 77.26 | 27.4 | 47.9 | - | 185.3 | - | 301 | 352 |
| Net margin | 11.56% | 4.43% | 6.08% | - | 12.2% | - | 14.68% | 14.74% |
| EPS 2 | 1.450 | 0.4800 | 0.8300 | - | 3.100 | 4.000 | 5.010 | 5.860 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.6000 | 0.3000 | 0.3000 | 0.7000 | 1.550 | 1.600 | 2.255 | 2.931 |
| Announcement Date | 2/14/20 | 2/10/21 | 2/15/22 | 2/15/23 | 2/15/24 | - | - | - |
1NOK in Million2NOK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 248.9 | 235.2 | 315.3 | 269.7 | 347.3 | 376.7 | 417.6 | 328.6 | 396 | 404.4 | 399.5 | 449.3 | 497.2 |
| EBITDA 1 | 41.5 | 43.9 | 77.7 | - | - | - | 127.2 | 68.2 | 92.1 | 73.1 | 89 | 128 | 149 |
| EBIT 1 | 21.85 | 23.6 | 56.9 | - | - | - | 100.6 | 41.4 | 63.6 | 41.1 | 63 | 101 | 121 |
| Operating Margin | 8.78% | 10.03% | 18.05% | - | - | - | 24.09% | 12.6% | 16.06% | 10.16% | 15.77% | 22.48% | 24.33% |
| Earnings before Tax (EBT) 1 | 17.28 | 17.2 | 54.4 | - | - | - | 89.3 | 30.4 | 56 | 40.4 | 59 | 95 | 115 |
| Net income 1 | 12.11 | 12.5 | 42.8 | - | - | - | 68.4 | 22.1 | 42.9 | 30.2 | 46 | 74 | 90 |
| Net margin | 4.87% | 5.31% | 13.57% | - | - | - | 16.38% | 6.73% | 10.83% | 7.47% | 11.52% | 16.47% | 18.1% |
| EPS 2 | 0.2100 | 0.2100 | 0.7300 | - | - | - | 1.150 | 0.3700 | 0.7100 | 0.5000 | 0.8000 | 1.200 | 1.500 |
| Dividend per Share 2 | 0.3000 | - | - | - | 0.7000 | - | - | - | 1.550 | - | - | - | 1.600 |
| Announcement Date | 2/15/22 | 5/13/22 | 8/11/22 | 11/11/22 | 2/15/23 | 5/16/23 | 8/14/23 | 11/15/23 | 2/15/24 | 5/15/24 | - | - | - |
1NOK in Million2NOK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 5.99 | 103 | 273 | 320 | 206 | 260 | 200 | 175 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.04 x | 1.101 x | 1.915 x | - | 0.5245 x | 0.5912 x | 0.383 x | 0.295 x |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 29.7% | 6.23% | 10.3% | - | 26.6% | 29% | 31.4% | 30.6% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 7.800 | - | 8.520 | 5.530 | 13.20 | 14.40 | 17.50 | 20.80 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/14/20 | 2/10/21 | 2/15/22 | 2/15/23 | 2/15/24 | - | - | - |
1NOK in Million2NOK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
83.9
NOK
Average target price
100
NOK
Spread / Average Target
+19.19%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +47.72% | 495M | |
| +21.74% | 5.74B | |
| -11.42% | 2.19B | |
| +1.83% | 953M | |
| -20.62% | 791M | |
| +41.60% | 684M | |
| -48.60% | 584M | |
| -63.98% | 442M | |
| -36.97% | 423M | |
| -27.03% | 316M |
- Stock Market
- Equities
- NORBT Stock
- Financials Norbit ASA
