Added to YB: 2025-12-12
Pitch date: 2025-12-10
NORBT.OL [neutral]
Norbit ASA
+2.99%
current return
Author Info
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Company Info
Norbit ASA provides technology products and solutions. It operates through Oceans, Connectivity, and Product Innovation and Realization segments.
Market Cap
NOK 5.3B
Pitch Price
NOK 174.48
Price Target
N/A
Dividend
1.86%
EV/EBITDA
18.09
P/E
30.08
EV/Sales
3.61
Sector
Electronic Equipment, Instruments and Components
Category
growth
Norbit ASA: A Norwegian Tech Compounder with Enduring Moats for Long-Term Investors
NORBT.OL (overview): Norwegian tech co w/ 89% investment readiness score. 21% revenue CAGR since IPO across 3 segments: Oceans (sonar systems, 29% EBIT margin), Connectivity (EU tolling/telematics, 26% margin), PIR (contract manufacturing, defense focus). Targets NOK 2.75B revenue by 2027 w/ 20% EBIT margin. Recent NOK 260M+ defense orders. Trading ~30x P/E vs quality execution but limited margin of safety at current levels.
Read full article (52 min)