Added to YB: 2024-10-22
Pitch date: 2024-10-18
NORBT.OL [bullish]
Norbit ASA
+102.87%
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 11.7B
Pitch Price
NOK 87.45
Price Target
N/A
Dividend
1.64%
EV/EBITDA
20.41
P/E
30.92
EV/Sales
5.37
Sector
Electronic Equipment, Instruments and Components
Category
growth
Connect the dots - Deep dive into Norbit Connectivity
NORBT.OL: Connectivity segment growing 23% to 1B NOK by 2027. ITS revenue 833M, EBIT 225M. Smart Data 167M rev, 50M EBIT. Valued at 2.2B NOK (~36% of NORBIT). Strong margins, contracts, market position in EU tolling/tracking. Oceans segment also driving growth. 2027 group targets: 16% CAGR, 20% EBIT margin.
Read full article (38 min)