Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Tomra Systems ASA is a Norwegian multinational corporation and a leading global supplier of sensor-based machines for collection, sorting, and resource recovery. Founded in 1972, the company pioneered reverse vending machines (RVMs) for automated collection of used beverage containers and has expanded into advanced sorting systems for recycling, food processing, and mining industries. Its operating segments include TOMRA Collection, the largest contributor generating over 50% of revenue through RVM sales, leases, and services; TOMRA Recycling for sorting plastics, metals, and other recyclables; TOMRA Food for grading potatoes, nuts, fruits, and proteins; and TOMRA Horizon for emerging ventures like feedstock and reuse solutions. Headquartered in Asker, Norway, with over 5,300 employees and more than 113,000 installations across 100+ markets, Tomra Systems ASA drives the circular economy by enabling optimal resource productivity and sustainability. In 2024, it reported revenues of approximately EUR 1.35 billion, with strong EBITDA margins above 20% in core segments, underscoring its market leadership in waste management and resource optimization technologies.
11.23% operating margin is respectable but not wide. ROIC at 8.93%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 2.2% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 27% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
€1.35B
▼ -2.2% YoY
Net Income (TTM)
€85M
▼ -1.0% YoY
Op. Margin
9.88%
▼ -0.4pp YoY
ROIC
8.93%
▼ -1.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€166M
▼ -27.4% YoY
Op. Cash Flow (TTM)
€166M
▼ -27.4% YoY
Net Debt
€598M
Cash & Equiv.
€83M
3Y CAGR: +4.4%
3Y CAGR: +16.0%
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