Norbit ASA Financials
| NORBT Stock | NOK 96.30 1.10 1.16% |
Norbit |
Understanding current and past Norbit ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Norbit ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Norbit ASA's assets may result in an increase in income on the income statement.
Norbit ASA Stock Summary
Norbit ASA competes with Lery Seafood, Techstep ASA, Awilco Drilling, Shelf Drilling, and Xplora Technologies. It operates through three segments Oceans, Intelligent Traffic Systems, and Product Innovation Realization. The company was founded in 1980 and is headquartered in Trondheim, Norway. NORBIT ASA is traded on Oslo Stock Exchange in Norway.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010856511 |
| Business Address | Stiklestadveien 1, Trondheim, |
| Sector | Technology |
| Industry | Scientific & Technical Instruments |
| Benchmark | Dow Jones Industrial |
| Website | www.norbit.com |
| Phone | 47 73 98 25 50 |
| Currency | NOK - Kroner |
You should never invest in Norbit ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Norbit Stock, because this is throwing your money away. Analyzing the key information contained in Norbit ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Norbit ASA Key Financial Ratios
Norbit ASA's financial ratios allow both analysts and investors to convert raw data from Norbit ASA's financial statements into concise, actionable information that can be used to evaluate the performance of Norbit ASA over time and compare it to other companies across industries.| Return On Equity | 0.15 | |||
| Return On Asset | 0.0778 | |||
| Target Price | 40.0 | |||
| Number Of Employees | 430 | |||
| Beta | 0.82 |
Norbit Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norbit ASA's current stock value. Our valuation model uses many indicators to compare Norbit ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norbit ASA competition to find correlations between indicators driving Norbit ASA's intrinsic value. More Info.Norbit ASA is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Norbit ASA is roughly 1.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Norbit ASA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Norbit ASA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Norbit ASA Systematic Risk
Norbit ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Norbit ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Norbit ASA correlated with the market. If Beta is less than 0 Norbit ASA generally moves in the opposite direction as compared to the market. If Norbit ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Norbit ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Norbit ASA is generally in the same direction as the market. If Beta > 1 Norbit ASA moves generally in the same direction as, but more than the movement of the benchmark.
Norbit ASA December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Norbit ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Norbit ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Norbit ASA based on widely used predictive technical indicators. In general, we focus on analyzing Norbit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Norbit ASA's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.61 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.25 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 3.28 |
Other Information on Investing in Norbit Stock
Norbit ASA financial ratios help investors to determine whether Norbit Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Norbit with respect to the benefits of owning Norbit ASA security.