Norbit ASACHIX:NORBTO 77 Net Current Asset Value is kr-1.34 as of Mar. 2026. GuruFocus rates CHIX:NORBTO with a GF Score™ of 77/100 and a GF Value™ of kr173.07 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,845 Hardware companies, Norbit ASA ranks worse than 54200.49% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Norbit ASA's net current asset value per share for the quarter that ended in Mar. 2026 was kr-1.34.
The historical rank and industry rank for Norbit ASA's Net Current Asset Value or its related term are showing as below:
During the past 11 years, the highest Price-to-Net-Current-Asset-Value Ratio of Norbit ASA was 478.40. The lowest was 4.61. And the median was 21.09.
CHIX:NORBTo's Price-to-Net-Current-Asset-Value is not ranked *
in the Hardware industry.
Industry Median: 5.5 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Norbit ASA (CHIX:NORBTo) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Norbit ASA Net Current Asset Value Related Terms
Norbit ASA Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Norbit ASA's Net Current Asset Value 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: Net Current Asset Value Comparison
For the Scientific & Technical Instruments subindustry, Norbit ASA's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Norbit ASA's Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of kr-1.34 mean?
Norbit ASA (CHIX:NORBTO) has a Net Current Asset Value of kr-1.34 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Norbit ASA and its competitors. Over the past decade, Norbit ASA's Net Current Asset Value has ranged from 4.61 to 478.40. According to the industry distribution chart, Norbit ASA ranks #999999 out of 1845 companies in the Hardware industry.
Is Norbit ASA's Net Current Asset Value too high?
Norbit ASA's current Net Current Asset Value is kr-1.34. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 478.40. Based on the distribution chart, Norbit ASA ranks #999999 out of 1845 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Norbit ASA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's Net Current Asset Value compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #999999 out of 1845 companies for Net Current Asset Value. This places Norbit ASA in the lower half of its industry. The industry median Net Current Asset Value is 5.50. Historically, Norbit ASA's own Net Current Asset Value has ranged from 4.61 to 478.40 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Hardware company?
The median Net Current Asset Value among Hardware companies is 5.50, based on 1,845 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Norbit ASA and its competitors. For the Hardware industry, the median Net Current Asset Value is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current Net Current Asset Value is kr-1.34. 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 kr173.07, compared to a current price of kr168.30 — trading 2.8% below its estimated fair value. The current Net Current Asset Value is kr-1.34. Norbit ASA's overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Norbit ASA (CHIX:NORBTO), the current Net Current Asset Value is kr-1.34 as of Mar. 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 kr168.30 is trading 2.8% below its estimated GF Value™ of kr173.07.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for CHIX:NORBTO:
Net Current Asset Value: kr-1.34
GF Value™: kr173.07 vs. price of kr168.30 (2.8% below fair value)
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.
77GF Score
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