Norbit ASAOSL:NORBT +1.77%100 ROA % is 16.95% as of Mar. 2026, which is 59% above its 10-year median of 10.64. GuruFocus rates OSL:NORBT with a GF Score™ of 100/100 and a GF Value™ of kr160.52 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,501 Hardware companies, Norbit ASA ranks better than 96.88% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Norbit ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr444 Mil.
Norbit ASA's average Total Assets over the quarter that ended in Mar. 2026 was kr2,620 Mil. Therefore, Norbit ASA's annualized ROA % for the quarter that ended in Mar. 2026 was 16.95%.
The historical rank and industry rank for Norbit ASA's ROA % or its related term are showing as below:
OSL:NORBT'
s ROA % Range Over the Past 10 Years
Min: -2.25 Med: 10.64 Max: 17
Current: 17
During the past 11 years, Norbit ASA's highest ROA % was 17.00%. The lowest was -2.25%. And the median was 10.64%.
OSL:NORBT's ROA % is ranked better than 96.88% of 2501
companies
in the Hardware industry
Industry Median: 2.27
vs OSL:NORBT: 17.00
Norbit ASA (OSL:NORBT) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Norbit ASA ROA % Related Terms
Norbit ASA ROA % Historical Data
* Premium members only.
The historical data trend for Norbit ASA's ROA % 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.
For the Scientific & Technical Instruments subindustry, Norbit ASA's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's ROA % distribution charts can be found below:
* The bar in red indicates where Norbit ASA's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Norbit ASA (OSL:NORBT) has a ROA % of 16.95% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Norbit ASA and its competitors. This is 59% above median its historical median of 10.64. According to the industry distribution chart, Norbit ASA ranks #78 out of 2501 companies in the Hardware industry, placing it in the top 3.1%.
Is Norbit ASA's ROA % too high?
Norbit ASA's current ROA % of 16.95% is 59% above median its 10-year median of 10.64. The Hardware industry median ROA % is 2.27. Norbit ASA's value of 16.95% is 646.7% above this industry median. Based on the distribution chart, Norbit ASA ranks #78 out of 2501 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Norbit ASA has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's ROA % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #78 out of 2501 companies for ROA %. This places Norbit ASA in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. Norbit ASA's value of 16.95% is 646.7% above this benchmark. While the company's 10-year median is 10.64 vs. the industry median of 2.27, 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 ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,501 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norbit ASA's current ROA % of 16.95% is 646.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Norbit ASA and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current ROA % is 16.95%, which is 59% above median its own 10-year median of 10.64. 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 (OSL:NORBT) is currently considered Fairly Valued. The stock's GF Value™ is kr160.52, compared to a current price of kr172.20 — trading 7.3% above its estimated fair value. The current ROA % is 16.95%, which is 59% above median its 10-year median of 10.64 and 646.7% above the Hardware industry median of 2.27. Norbit ASA's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Norbit ASA (OSL:NORBT), the current ROA % is 16.95% 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 (OSL:NORBT) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be overvalued.
The current stock price of kr172.20 is trading 7.3% above its estimated GF Value™ of kr160.52.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for OSL:NORBT:
ROA %: 16.95% (59% above median its 10-year median of 10.64)
GF Value™: kr160.52 vs. price of kr172.20 (7.3% above fair value)
Industry Position: 646.7% above the Hardware median (#78 of 2501)
No single metric tells the full story. See the OSL:NORBT 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.
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