Is Norbit ASA stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Norbit ASA pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Tuesday 7th of May 2024 were paid NOK2.55 per share. Over the last 6 times between 2020 and 2024, Norbit ASA has paid NOK4.45 with an average of NOK0.74 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Norbit ASA 10 years ago, but if you had invested on Thursday 7th of November 2019 when the price was NOK20.00, you would have made a profit of NOK73.40 per share or 367.00%
Yes, the average daily trading liquidity for Norbit ASA is NOK66 269 thousand. You should therefore be able to get in and out of your positions relatively fast.
Norbit ASA has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.12, the company's ability to pay off the debt is good. Norbit ASA has a good net profit margin of 10.81% and should have high tolerances against inflation.
We have calculated the inflation risk for Norbit ASA to be low [0.25 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.26 and is up 0.02 over the last 30 days.