Added to YB: 2025-12-12
Pitch date: 2025-12-10
NORBT.OL [neutral]
Norbit ASA
+10.49%
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 11.6B
Pitch Price
NOK 179.20
Price Target
N/A
Dividend
1.65%
EV/EBITDA
20.26
P/E
30.69
EV/Sales
5.33
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)