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Norbit ASACHIX:NORBTO 76 Debt-to-Equity is 0.60 as of Jun. 2026, which is 28% above its 10-year median of 0.47. GuruFocus rates CHIX:NORBTO with a GF Score™ of 76/100 and a GF Value™ of kr176.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,224 Hardware companies, Norbit ASA ranks worse than 72.75% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Norbit ASA's Debt-to-Equity or its related term are showing as below:
CHIX:NORBTo'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.47 Max: 2.56
Current: 0.6
During the past 11 years, the highest Debt-to-Equity Ratio of Norbit ASA was 2.56. The lowest was 0.06. And the median was 0.47.
CHIX:NORBTo's Debt-to-Equity is ranked worse than 72.75% of 2224
companies
in the Hardware industry
Industry Median: 0.275
vs CHIX:NORBTo: 0.60
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Norbit ASA Debt-to-Equity Related Terms
Norbit ASA Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Norbit ASA's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CHIX:NORBTO vs COHR, KEYS, GRMN: Debt-to-Equity Comparison
For the Scientific & Technical Instruments subindustry, Norbit ASA's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Norbit ASA Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Norbit ASA's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Norbit ASA (CHIX:NORBTO) has a Debt-to-Equity of 0.60 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Norbit ASA and its competitors. This is 28% above median its historical median of 0.47. Over the past decade, Norbit ASA's Debt-to-Equity has ranged from 0.06 to 2.56. According to the industry distribution chart, Norbit ASA ranks #1618 out of 2224 companies in the Hardware industry, placing it in the top 72.8%.
Is Norbit ASA's Debt-to-Equity too high?
Norbit ASA's current Debt-to-Equity of 0.60 is 28% above median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.56. The Hardware industry median Debt-to-Equity is 0.28. Norbit ASA's value of 0.60 is 118.2% above this industry median. Based on the distribution chart, Norbit ASA ranks #1618 out of 2224 companies in the Hardware industry, which is below the industry midpoint. Overall, Norbit ASA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's Debt-to-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #1618 out of 2224 companies for Debt-to-Equity. This places Norbit ASA in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Norbit ASA's value of 0.60 is 118.2% above this benchmark. Historically, Norbit ASA's own Debt-to-Equity has ranged from 0.06 to 2.56 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.28, Norbit ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,224 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norbit ASA's current Debt-to-Equity of 0.60 is 118.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Norbit ASA and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current Debt-to-Equity is 0.60, which is 28% above median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (CHIX:NORBTO) is currently considered Fairly Valued. The stock's GF Value™ is kr176.53, compared to a current price of kr175.25 — trading 0.7% below its estimated fair value. The current Debt-to-Equity is 0.60, which is 28% above median its 10-year median of 0.47 and 118.2% above the Hardware industry median of 0.28. Norbit ASA's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Norbit ASA (CHIX:NORBTO), the current Debt-to-Equity is 0.60 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Norbit ASA (CHIX:NORBTO) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be undervalued.
The current stock price of kr175.25 is trading 0.7% below its estimated GF Value™ of kr176.53.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for CHIX:NORBTO:
Debt-to-Equity: 0.60 (28% above median its 10-year median of 0.47)
GF Value™: kr176.53 vs. price of kr175.25 (0.7% below fair value)
Industry Position: 118.2% above the Hardware median (#1618 of 2224)
No single metric tells the full story. See the CHIX:NORBTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
76GF Score
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