TOM Stock Analysis: Tomra Systems ASA | OL
Waste Management | OL, Norway | Market Cap: 27.530m NOK | 12M Return: -21.5% | NO0012470089 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 57.9M
EPS Trend: -78.7%
Qual. Beats: 0
Rev. Trend: -90.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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 is a Norwegian technology company founded in 1972 and headquartered in Asker, Norway. It provides sensor-based solutions aimed at improving resource productivity, operating through four business segments: TOMRA Collection, TOMRA Recycling, TOMRA Food, and TOMRA Horizon.
The Collection segment supplies reverse vending machines (RVMs) and data management systems, along with logistics and processing services for empty beverage containers on behalf of producers and fillers. The Recycling segment develops sorting and processing technology for waste management firms, plant builders, and mining companies, including ore sorting sensors. The Food segment offers post-harvest sorting and processing solutions for both fresh and processed food producers, while the Horizon segment focuses on emerging business opportunities beyond the core operations.
Tomra is a leading global supplier of reverse vending machines, which are a core component of deposit return schemes (DRS) used in many countries to encourage beverage container recycling. Its sensor-based sorting technology competes in the broader industrial automation and recycling equipment market, serving waste management, metals recovery, mining, and food processing industries worldwide.
- Deposit return scheme rollouts across Europe boost collection segment backlog
- Sorting technology pricing competition pressures food and recycling segment margins
- Capital deployment prioritizes bolt-on acquisitions in food and recycling verticals
| Net Income: 78.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -51.06 > 1.0 |
| NWC/Revenue: 16.90% < 20% (prev 4.92%; Δ 11.98% < -1%) |
| CFO/TA 0.23 > 3% & CFO 414.9m > Net Income 78.0m |
| Net Debt (80.0m) to EBITDA (254.0m): 0.31 < 3 |
| Current Ratio: 1.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (295.7m) vs 12m ago -0.03% < -2% |
| Gross Margin: 65.86% > 18% (prev 23.32%; Δ 42.54% > 0.5%) |
| Asset Turnover: 81.85% > 50% (prev 291.2%; Δ -209.3% > 0%) |
| Interest Coverage Ratio: 7.78 > 6 (EBIT TTM 140.0m / Interest Expense TTM 18.0m) |
| A: 0.13 (Total Current Assets 788.0m - Total Current Liabilities 547.0m) / Total Assets 1.81b |
| B: 0.23 (Retained Earnings 425.0m / Total Assets 1.81b) |
| C: 0.08 (EBIT TTM 140.0m / Avg Total Assets 1.74b) |
| D: 0.48 (Book Value of Equity 573.0m / Total Liabilities 1.20b) |
| Altman-Z'' = 2.67 = A |
| DSRI: 3.0 (Receivables 463.0m/396.0m, Revenue 1.43b/4.86b) |
| GMI: 0.35 (GM 23.32% / 65.86%) |
| AQI: 1.06 (AQ_t 0.35 / AQ_t-1 0.33) |
| SGI: 0.29 (Revenue 1.43b / 4.86b) |
| TATA: -0.19 (NI 78.0m - CFO 414.9m) / TA 1.81b) |
| Beneish M = -2.46 (Cap -4..+1) = BBB |
As of October 29, 2026, the stock is trading at NOK 96.50 with a total of 546,677 shares traded. Over the past week, the price has changed by +4.55%, over one month by +5.41%, over three months by -5.39% and over the past year by -21.53%.
Current recommended Stop Loss: 91.20 (which is 5.5% or 1.9 ATR below the current price).
Tomra Systems ASA has no consensus analysts rating.
Market Cap EUR = 2.67b (27.5b NOK * 0.097 NOK.EUR)
P/E Trailing = 29.8397
P/E Forward = 10.2041
P/S = 19.3015
P/B = 4.3852
P/EG = 1.6958
Revenue TTM = 1.43b EUR
EBIT TTM = 140.0m EUR
EBITDA TTM = 254.0m EUR
Long Term Debt = 505.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 55.0m EUR (from shortLongTermDebt, last quarter)
Debt = 149.0m EUR (Leases only: 149.0m)
Net Debt = 80.0m EUR (calculated: Debt 149.0m - CCE 69.0m)
Enterprise Value = 2.75b EUR (2.67b + Debt 149.0m - CCE 69.0m)
Interest Coverage Ratio = 7.78 (Ebit TTM 140.0m / Interest Expense TTM 18.0m)
EV/FCF = 16.08x (Enterprise Value 2.75b / FCF TTM 171.0m)
FCF Yield = 6.22% (FCF TTM 171.0m / Enterprise Value 2.75b)
FCF Margin = 11.99% (FCF TTM 171.0m / Revenue TTM 1.43b)
Net Margin = 5.47% (Net Income TTM 78.0m / Revenue TTM 1.43b)
Gross Margin = 65.86% ((Revenue TTM 1.43b - Cost of Revenue TTM 487.0m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 1.52 (Enterprise Value 2.75b / Total Assets 1.81b)
Interest Expense / Debt = 12.08% (Interest Expense 18.0m / Debt 149.0m)
Taxrate = 24.59% (28.5m / 115.9m)
NOPAT = 105.6m (EBIT 140.0m * (1 - 24.59%))
Current Ratio = 1.44 (Total Current Assets 788.0m / Total Current Liabilities 547.0m)
Debt / Equity = 0.26 (Debt 149.0m / totalStockholderEquity, last quarter 573.0m)
Debt / EBITDA = 0.31 (Net Debt 80.0m / EBITDA 254.0m)
Debt / FCF = 0.47 (Net Debt 80.0m / FCF TTM 171.0m)
Total Stockholder Equity = 575.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.48% (Net Income 78.0m / Total Assets 1.81b)
RoE = 13.56% (Net Income TTM 78.0m / Total Stockholder Equity 575.4m)
RoCE = 12.96% (EBIT 140.0m / Capital Employed (Equity 575.4m + L.T.Debt 505.0m))
RoIC = 8.81% (NOPAT 105.6m / Invested Capital 1.20b)
WACC = 7.72% (E(2.67b)/V(2.82b) * Re(7.64%) + D(149.0m)/V(2.82b) * Rd(12.08%) * (1-Tc(0.25)))
Discount Rate = 7.64% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -4.68 | Cagr: 0.04%
[DCF] Terminal Value 73.10% ; FCFF base≈506.6m ; Y1≈444.3m ; Y5≈358.9m
[DCF] Fair Price = 19.21 (EV 5.76b - Net Debt 80.0m = Equity 5.68b / Shares 295.7m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -78.69 | EPS CAGR: -31.14% | SUE: 0.37 | # QB: 0
Revenue Correlation: -90.69 | Revenue CAGR: -67.08% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.07 | Chg30d=-0.44% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=0.30 | Chg30d=-2.95% | Revisions=-29% | GrowthEPS=-3.5% | GrowthRev=+12.4%
EPS next Year (2027-12-31): EPS=0.53 | Chg30d=-11.02% | Revisions=-29% | GrowthEPS=+77.6% | GrowthRev=+15.8%
[Analyst] Revisions Ratio: -31% (up=3, down=7)