Company Valuation: Norbit ASA

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,830 1,696 3,419 6,147 11,944 11,066 - -
Change - -7.32% 101.58% 79.8% 94.33% -7.35% - -
Enterprise Value (EV) 1 2,103 2,016 3,624 6,496 12,464 11,362 11,079 10,711
Change - -4.15% 79.8% 79.24% 91.88% -8.84% -2.49% -3.32%
P/E 37.7x - 18.4x - 29.6x 21.1x 17.9x 15.6x
PBR 3.68x 5.21x 4.31x 5.16x 9.87x 7.03x 5.26x 3.65x
PEG - - - - - 0.7x 1x 1x
Capitalization / Revenue 2.32x 1.45x 2.25x 3.51x 4.77x 3.54x 3.1x 2.75x
EV / Revenue 2.67x 1.73x 2.39x 3.71x 4.98x 3.64x 3.1x 2.66x
EV / EBITDA 14.7x - 9.25x 13.7x 17.5x 12.5x 10.5x 8.98x
EV / EBIT 28.6x - 12.8x - 22.4x 16.2x 13.5x 11.5x
EV / FCF - - - - 46x 23.4x 22x 17.9x
FCF Yield - - - - 2.18% 4.27% 4.54% 5.58%
Dividend per Share 2 0.3 0.7 1.55 3 5 4.999 4.707 6.361
Rate of return 0.96% 2.43% 2.72% 3.11% 2.67% 2.89% 2.72% 3.67%
EPS 2 0.83 - 3.1 - 6.32 8.225 9.678 11.13
Distribution rate 36.1% - 50% - 79.1% 60.8% 48.6% 57.2%
Net sales 1 787.8 1,168 1,519 1,751 2,502 3,123 3,571 4,022
EBITDA 1 142.6 - 391.8 474 712.2 906 1,051 1,193
EBIT 1 73.51 - 284.2 - 555.4 703 820 933.4
Net income 1 47.9 - 185.3 - 404.3 526 618.6 727
Net Debt 1 273 319.7 205.5 349.2 519.6 296.1 12.78 -355.3
Reference price 2 31.30 28.80 57.00 96.60 187.20 173.20 173.20 173.20
Nbr of stocks (in thousands) 58,459 58,884 59,974 63,629 63,806 63,892 - -
Announcement Date 2/15/22 2/15/23 2/15/24 2/13/25 2/11/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-121.72x8.5x-122.71x-.--% 5.23B
32.24x3.47x25.2x-.--% 2.64B
-92.4x11.91x-136.42x4.72% 1.38B
-99.91x24.5x-326.97x - 1.36B
280.27x4.92x139.08x - 661M
Average -0.30x 10.66x -84.36x 1.57% 2.25B
Weighted average by Cap. -55.81x 9.45x -98.96x 0.7%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield