TOM Stock Analysis: Tomra Systems ASA | OL
Waste Management | OL, Norway | Market Cap: 28.092m NOK | 12M Return: -38.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 54.7M
EPS Trend: -84.7%
Qual. Beats: -1
Rev. Trend: -86.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Tomra Systems ASA (TOM) is a Norway-based industrial technology company that provides sensor-based solutions designed to improve resource productivity. Founded in 1972 and headquartered in Asker, the company operates through four reportable segments: TOMRA Collection, TOMRA Recycling, TOMRA Food, and TOMRA Horizon.
Its Collection segment supplies reverse vending machines (RVMs) and data management systems, and runs logistics and processing services for empty beverage containers on behalf of producers and retailers. The Recycling segment manufactures sorting and processing technology used by waste management firms and plant builders, including systems for waste, metal, and ore sorting streams. The Food segment delivers post-harvest sorting and processing solutions for fresh and processed food producers, while Horizon serves as a unit for emerging business areas and long-term innovation.
The companys core business model centers on selling capital equipment, aftermarket service, and data-management software that enable container deposit-return schemes and material recovery operations. RVMs are a foundational component of statutory or voluntary deposit systems used in markets such as Norway, Germany, and several U.S. states, creating a recurring replacement and service revenue stream tied to installed machine bases.
- Deposit return scheme mandates globally drive Collection segment revenue
- Food and Recycling segment margins pressured by project mix and integration costs
- Capital allocation tilts toward growth capex and bolt-on acquisitions
| Net Income: 76.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -56.95 > 1.0 |
| NWC/Revenue: 20.72% < 20% (prev 1.89%; Δ 18.83% < -1%) |
| CFO/TA 0.25 > 3% & CFO 460.9m > Net Income 76.0m |
| Net Debt (63.0m) to EBITDA (247.0m): 0.26 < 3 |
| Current Ratio: 1.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (295.4m) vs 12m ago -0.05% < -2% |
| Gross Margin: 63.83% > 18% (prev 17.38%; Δ 46.45% > 0.5%) |
| Asset Turnover: 77.60% > 50% (prev 509.6%; Δ -432.0% > 0%) |
| Interest Coverage Ratio: 7.39 > 6 (EBIT TTM 133.0m / Interest Expense TTM 18.0m) |
| A: 0.15 (Total Current Assets 790.0m - Total Current Liabilities 511.0m) / Total Assets 1.82b |
| B: 0.23 (Retained Earnings 425.0m / Total Assets 1.82b) |
| C: 0.08 (EBIT TTM 133.0m / Avg Total Assets 1.74b) |
| D: 0.50 (Book Value of Equity 598.0m / Total Liabilities 1.19b) |
| Altman-Z'' = 2.81 = A |
| DSRI: 3.0 (Receivables 420.0m/383.0m, Revenue 1.35b/8.39b) |
| GMI: 0.27 (GM 17.38% / 63.83%) |
| AQI: 1.02 (AQ_t 0.35 / AQ_t-1 0.34) |
| SGI: 0.16 (Revenue 1.35b / 8.39b) |
| TATA: -0.21 (NI 76.0m - CFO 460.9m) / TA 1.82b) |
| Beneish M = -2.65 (Cap -4..+1) = A |
As of July 07, 2026, the stock is trading at NOK 97.70 with a total of 389,463 shares traded. Over the past week, the price has changed by +3.94%, over one month by +3.33%, over three months by -12.21% and over the past year by -38.37%.
Current recommended Stop Loss: 91.00 (which is 6.9% or 2.6 ATR below the current price).
Tomra Systems ASA has no consensus analysts rating.
Market Cap EUR = 2.50b (28.1b NOK * 0.0889 NOK.EUR)
P/E Trailing = 30.8766
P/E Forward = 26.738
P/S = 20.8662
P/B = 4.0694
P/EG = 1.6958
Revenue TTM = 1.35b EUR
EBIT TTM = 133.0m EUR
EBITDA TTM = 247.0m EUR
Long Term Debt = 518.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 7.00m EUR (from shortLongTermDebt, last quarter)
Debt = 154.0m EUR (Leases only: 154.0m)
Net Debt = 63.0m EUR (calculated: Debt 154.0m - CCE 91.0m)
Enterprise Value = 2.56b EUR (2.50b + Debt 154.0m - CCE 91.0m)
Interest Coverage Ratio = 7.39 (Ebit TTM 133.0m / Interest Expense TTM 18.0m)
EV/FCF = 14.97x (Enterprise Value 2.56b / FCF TTM 171.0m)
FCF Yield = 6.68% (FCF TTM 171.0m / Enterprise Value 2.56b)
FCF Margin = 12.70% (FCF TTM 171.0m / Revenue TTM 1.35b)
Net Margin = 5.65% (Net Income TTM 76.0m / Revenue TTM 1.35b)
Gross Margin = 63.83% ((Revenue TTM 1.35b - Cost of Revenue TTM 487.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 1.40 (Enterprise Value 2.56b / Total Assets 1.82b)
Interest Expense / Debt = 11.69% (Interest Expense 18.0m / Debt 154.0m)
Taxrate = 24.36% (27.5m / 112.9m)
NOPAT = 100.6m (EBIT 133.0m * (1 - 24.36%))
Current Ratio = 1.55 (Total Current Assets 790.0m / Total Current Liabilities 511.0m)
Debt / Equity = 0.26 (Debt 154.0m / totalStockholderEquity, last quarter 598.0m)
Debt / EBITDA = 0.26 (Net Debt 63.0m / EBITDA 247.0m)
Debt / FCF = 0.37 (Net Debt 63.0m / FCF TTM 171.0m)
Total Stockholder Equity = 568.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.38% (Net Income 76.0m / Total Assets 1.82b)
RoE = 13.36% (Net Income TTM 76.0m / Total Stockholder Equity 568.7m)
RoCE = 12.24% (EBIT 133.0m / Capital Employed (Equity 568.7m + L.T.Debt 518.0m))
RoIC = 8.08% (NOPAT 100.6m / Invested Capital 1.24b)
WACC = 7.35% (E(2.50b)/V(2.65b) * Re(7.26%) + D(154.0m)/V(2.65b) * Rd(11.69%) * (1-Tc(0.24)))
Discount Rate = 7.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 53.20 | Cagr: 0.04%
[DCF] Terminal Value 73.10% ; FCFF base≈539.6m ; Y1≈473.2m ; Y5≈382.3m
[DCF] Fair Price = 20.56 (EV 6.14b - Net Debt 63.0m = Equity 6.07b / Shares 295.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -84.72 | EPS CAGR: -40.01% | SUE: -2.25 | # QB: -1
Revenue Correlation: -86.49 | Revenue CAGR: -63.10% | SUE: -0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.09 | Chg30d=+1.29% | Revisions=-50% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.09 | Chg30d=-3.60% | Revisions=-50% | Analysts=3
EPS current Year (2026-12-31): EPS=0.34 | Chg30d=-0.92% | Revisions=-67% | GrowthEPS=+8.1% | GrowthRev=+11.5%
EPS next Year (2027-12-31): EPS=0.63 | Chg30d=-0.63% | Revisions=-38% | GrowthEPS=+87.1% | GrowthRev=+20.9%
[Analyst] Revisions Ratio: -75% (up=1, down=16)