Added to YB: 2026-10-01
Pitch date: 2026-09-27
NORBT.OL [bullish]
Norbit ASA
-1.86%
current return
Author Info
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Company Info
Norbit ASA provides technology solutions to customers in a range of industries. It operates through Oceans, Connectivity, and Product Innovation and Realization segments.
Market Cap
NOK 10.2B
Pitch Price
NOK 161.00
Price Target
N/A
Dividend
3.14%
EV/EBITDA
15.03
P/E
22.62
EV/Sales
3.76
Sector
Electronic Equipment, Instruments and Components
Category
growth
Norbit
NORBT.OL (increase position): Norbit remains a 10% position, with plans to keep holding and add after a drawdown of more than 30%. At 20x estimated 2026 EV/NOPAT, the five-year model yields 18% annual returns in the base case, with management targeting 19% organic revenue CAGR through 2030. The main risks are EBIT margins above 20% reverting toward historical levels, larger competitors entering its growing niches, and Water Linked requiring continued growth or synergies to justify its purchase price.
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