Norbit ASA (OSL:NORBT) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


OSL:NORBT Norbit ASA OSL:NORBT
100 GF Score
Price kr172.20
GF Value kr160.52
Valuation Fairly Valued
! 1 Warning Sign
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What is Norbit ASA Scaled Net Operating Assets?

Norbit ASA OSL:NORBT +1.77% 100 Scaled Net Operating Assets is 0.65 as of Mar. 2026. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Norbit ASA's operating assets for the quarter that ended in Mar. 2026 was kr2,395 Mil. Norbit ASA's operating liabilities for the quarter that ended in Mar. 2026 was kr687 Mil. Norbit ASA's Total Assets for the quarter that ended in Dec. 2025 was kr2,623 Mil. Therefore, Norbit ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


Norbit ASA Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Norbit ASA's Scaled Net Operating Assets 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.

Norbit ASA Scaled Net Operating Assets Chart

Norbit ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.96 0.83 1.01 0.82

Norbit ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.67 0.71 0.71 0.65

OSL:NORBT vs COHR, KEYS, GRMN: Scaled Net Operating Assets Comparison

For the Scientific & Technical Instruments subindustry, Norbit ASA's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Hardware Industry

For the Hardware industry and Technology sector, Norbit ASA's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Norbit ASA's Scaled Net Operating Assets falls into.


OSL:NORBT
100GF Score
Norbit ASA OSL:NORBT
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Norbit ASA Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Norbit ASA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2477.9-693.8)/2184.2
=0.82

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2622.8 - 144.9
=2477.9

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1411.3 - 604.5 - 113
=693.8

Norbit ASA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2394.9-687.2)/2622.8
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2616.3 - 221.4
=2394.9

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1305.8 - 569.4 - 49.2
=687.2

* 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 Scaled Net Operating Assets of 0.65 mean?
Norbit ASA (OSL:NORBT) has a Scaled Net Operating Assets of 0.65 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Norbit ASA and its competitors.
Is Norbit ASA's Scaled Net Operating Assets too high?
Norbit ASA's current Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets compare to COHR and KEYS?
Norbit ASA's Scaled Net Operating Assets of 0.65 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Hardware company?
A good Scaled Net Operating Assets depends on the Hardware industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Norbit ASA and its competitors. Norbit ASA's current Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets is 0.65. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Norbit ASA (OSL:NORBT), the current Scaled Net Operating Assets is 0.65 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:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: kr160.52 vs. price of kr172.20 (7.3% above fair value)
  • GF Score™: 100/100 with 1 warning sign

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 Business Description

Address Stiklestadveien 1, Trondheim, NOR, NO-7041
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.
100GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr172.20
Price
kr160.52
GF Value