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NORBIT - Norbit ASA Share Price

NOK17.25 1.4  8.8%

Last Trade - 1:02pm

Sector
Technology
Size
Small Cap
Market Cap £77.3m
Enterprise Value £80.1m
Revenue £56.8m
Position in Universe 842nd / 1788
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +10.5%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -34.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.000 0.000 0.000 0.000 438.4 668.2 593.5 751.5 +52.4%
+21.1 -58.4 +206.3
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Norbit ASA revenues decreased 4% to NOK151.6M. Net income applicable to common stockholders decreased 86% to NOK4.9M. Revenues reflect Oceans segment decrease of 12% to NOK51.8M, PIR segment decrease of 8% to NOK63M. Net income also reflects Other operating expenses increase of 71% to NOK25.7M (expense), Employee benefit expenses increase of 27% to NOK41.7M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
NORBIT EPS Forecasts Unlock NORBIT Revenue
Profile Summary

Norbit ASA is a Norway-based technology company. The Company’s key target markets are the global maritime markets, offering sonar solutions based on proprietary technology, intelligent traffic systems, truck tolling devices, connectivity for tachographs and other tailored solutions. Through its subsidiaries, the Company operates three segments: Ocean, Intelligent Traffic Systems (ITS) and Product Innovation and Realization (PIR). Ocean provides products and solutions for the market fields Aquaculture and Defense. ITS offering includes products and solutions for international system integrators based on short range communication technology to intelligent traffic systems. PIR covers the activities of research and development and manufacturing. The Company operates globally.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated May 28, 2008
Public Since June 20, 2019
No. of Shareholders: n/a
No. of Employees: 246
Sector Technology
Industry Electronic Equipments & Parts
Index
Exchange Oslo Stock Exchange
Shares in Issue 56,786,918
Free Float (0.0%)
Eligible for
ISAs
SIPPs
NORBIT Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for NORBIT
Upcoming Events for NORBIT
Frequently Asked Questions for Norbit ASA
What is the Norbit ASA share price?

As of 1:02pm, shares in Norbit ASA are trading at NOK17.25, giving the company a market capitalisation of £77.3m. This share price information is delayed by 15 minutes.

How has the Norbit ASA share price performed this year?

Shares in Norbit ASA are currently trading at NOK17.25 and the price has moved by -33.15% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Norbit ASA price has moved by -32.89% over the past year.

What are the analyst and broker recommendations for Norbit ASA?

There are no analysts currently covering Norbit ASA.

When will Norbit ASA next release its financial results?

Norbit ASA is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Norbit ASA dividend yield?

The Norbit ASA dividend yield is 1.89% based on the trailing twelve month period.

Does Norbit ASA pay a dividend?

Last year, Norbit ASA paid a total dividend of 0.3, and it currently has a trailing dividend yield of 1.89%. Looking ahead, Norbit ASA has not announced an ex-dividend date yet.

When does Norbit ASA next pay dividends?

Norbit ASA has yet to annouce their ex-dividend date. The historic dividend yield on Norbit ASA shares is currently 1.89%.

How do I buy Norbit ASA shares?

To buy shares in Norbit ASA you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Norbit ASA?

Shares in Norbit ASA are currently trading at NOK17.25, giving the company a market capitalisation of £77.3m.

Where are Norbit ASA shares listed? Where are Norbit ASA shares listed?

Here are the trading details for Norbit ASA:

Country of listing: Norway
Exchange: OSL
Ticker Symbol: NORBIT
What kind of share is Norbit ASA?

Based on an overall assessment of its quality, value and momentum, Norbit ASA is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Norbit ASA share price forecast 2020?

Shares in Norbit ASA are currently priced at NOK17.25. At that level they are trading at 57.73% discount to the analyst consensus target price of 0.00.

Analysts covering Norbit ASA currently have a consensus Earnings Per Share (EPS) forecast of 0.56 for the next financial year.

How can I tell whether the Norbit ASA share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Norbit ASA. Over the past six months, the relative strength of its shares against the market has been -4.56%. At the current price of NOK17.25, shares in Norbit ASA are trading at -6.48% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Norbit ASA PE Ratio?

The Norbit ASA PE ratio based on its reported earnings over the past 12 months is 18.69. The shares are currently trading at NOK17.25.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Norbit ASA?

We were unable to find the directors for Norbit ASA.

Who are the major shareholders of Norbit ASA?

Here are the top five shareholders of Norbit ASA based on the size of their shareholding:

VHF Invest AS Corporation
Percentage owned: 15.3% (8.69m shares)
Eide Family Individual Investor
Percentage owned: 12.2% (6.93m shares)
Petors AS Corporation
Percentage owned: 11.97% (6.80m shares)
Kirknes (Steffen) Individual Investor
Percentage owned: 10.04% (5.70m shares)
Handelsbanken Asset Management Investment Advisor/Hedge Fund
Percentage owned: 6.74% (3.83m shares)
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