Norbit ASA
OSE:NORBT

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Norbit ASA
OSE:NORBT
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Price: 94 NOK 1.73%
Market Cap: 6B NOK
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Relative Value

The Relative Value of one NORBT stock under the Base Case scenario is 106.26 NOK. Compared to the current market price of 94 NOK, Norbit ASA is Undervalued by 12%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NORBT Relative Value
Base Case
106.26 NOK
Undervaluation 12%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
25
Median 3Y
2.2
Median 5Y
1.8
Industry
1.8
Forward
3
vs History
23
vs Industry
24
Median 3Y
22.3
Median 5Y
21.6
Industry
23.2
Forward
20.3
vs History
58
vs Industry
29
Median 3Y
17.8
Median 5Y
16.2
Industry
14.6
vs History
50
vs Industry
12
Median 3Y
37.3
Median 5Y
27.9
Industry
20
vs History
3
vs Industry
9
Median 3Y
4.2
Median 5Y
3.1
Industry
2
vs History
3
vs Industry
23
Median 3Y
2.3
Median 5Y
1.9
Industry
1.8
Forward
3.1
vs History
3
vs Industry
50
Median 3Y
4.1
Median 5Y
3.5
Industry
7.4
vs History
4
vs Industry
35
Median 3Y
10.2
Median 5Y
9.4
Industry
14.8
Forward
11.7
vs History
22
vs Industry
29
Median 3Y
16.2
Median 5Y
14.9
Industry
18.3
Forward
16.1
vs History
58
vs Industry
27
Median 3Y
18.4
Median 5Y
16.8
Industry
14.4
vs History
26
vs Industry
17
Median 3Y
18.9
Median 5Y
-22.6
Industry
17.9
vs History
3
vs Industry
13
Median 3Y
2.7
Median 5Y
2.1
Industry
1.6

Multiples Across Competitors

NORBT Competitors Multiples
Norbit ASA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
NO
Norbit ASA
OSE:NORBT
5.6B NOK 3.6 33.8 15.7 23.2
JP
Keyence Corp
TSE:6861
15.4T JPY 15.1 40.4 26.4 27.2
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
291.6B CNY 3.1 21.8 17.5 17.5
US
Keysight Technologies Inc
NYSE:KEYS
28.3B USD 5.7 46.1 25.6 33.9
SE
Hexagon AB
STO:HEXA B
283.7B SEK 4.6 24.4 14.7 19
US
Teledyne Technologies Inc
NYSE:TDY
22.2B USD 4 23.5 18.2 23.8
US
Zebra Technologies Corp
NASDAQ:ZBRA
20.4B USD 4.4 53.4 27.1 34.6
US
Trimble Inc
NASDAQ:TRMB
17.6B USD 4.8 11.9 29.6 42.9
IL
Mobileye Global Inc
NASDAQ:MBLY
15.4B USD 8.5 -5.2 104.2 -37.9
UK
Halma PLC
LSE:HLMA
10.3B GBP 5.1 38.3 22.8 29.2
JP
Shimadzu Corp
TSE:7701
1.3T JPY 2.5 25.1 12.9 16.3
P/E Multiple
Earnings Growth P/E to Growth
NO
Norbit ASA
OSE:NORBT
Average P/E: 31.9
33.8
139%
0.2
JP
Keyence Corp
TSE:6861
40.4
39%
1
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
21.8
37%
0.6
US
Keysight Technologies Inc
NYSE:KEYS
46.1
161%
0.3
SE
Hexagon AB
STO:HEXA B
24.4
58%
0.4
US
Teledyne Technologies Inc
NYSE:TDY
23.5
25%
0.9
US
Zebra Technologies Corp
NASDAQ:ZBRA
53.4
218%
0.2
US
Trimble Inc
NASDAQ:TRMB
11.9
166%
0.1
IL
M
Mobileye Global Inc
NASDAQ:MBLY
Negative Multiple: -5.2 N/A N/A
UK
Halma PLC
LSE:HLMA
38.3
50%
0.8
JP
Shimadzu Corp
TSE:7701
25.1
20%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
NO
Norbit ASA
OSE:NORBT
Average EV/EBIT: 26.8
23.2
101%
0.2
JP
Keyence Corp
TSE:6861
27.2
N/A N/A
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
17.5
43%
0.4
US
Keysight Technologies Inc
NYSE:KEYS
33.9
112%
0.3
SE
Hexagon AB
STO:HEXA B
19
15%
1.3
US
Teledyne Technologies Inc
NYSE:TDY
23.8
30%
0.8
US
Zebra Technologies Corp
NASDAQ:ZBRA
34.6
102%
0.3
US
Trimble Inc
NASDAQ:TRMB
42.9
113%
0.4
IL
M
Mobileye Global Inc
NASDAQ:MBLY
Negative Multiple: -37.9 N/A N/A
UK
Halma PLC
LSE:HLMA
29.2
45%
0.7
JP
Shimadzu Corp
TSE:7701
16.3
N/A N/A

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