Axactor SE, through its subsidiaries, operates as a debt management company in Sweden, Finland, Germany, Italy, Luxembourg, Norway, and Spain.
No risks detected for 0QIG from our risk checks.
Solid track record with reasonable growth potential.
Share Price & News
How has Axactor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0QIG has not had significant price volatility in the past 3 months.
7 Day Return
GB Consumer Finance
1 Year Return
GB Consumer Finance
Return vs Industry: Insufficient data to determine how 0QIG performed against the UK Consumer Finance industry.
Return vs Market: Insufficient data to determine how 0QIG performed against the UK Market.
Price Volatility Vs. Market
How volatile is Axactor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Axactor undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 0QIG (NOK15.82) is trading above our estimate of fair value (NOK0.56)
Significantly Below Fair Value: 0QIG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 0QIG is poor value based on its PE Ratio (13.7x) compared to the Consumer Finance industry average (12.4x).
PE vs Market: 0QIG is good value based on its PE Ratio (13.7x) compared to the UK market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: 0QIG is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: 0QIG is good value based on its PB Ratio (0.8x) compared to the GB Consumer Finance industry average (1.6x).
How is Axactor forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0QIG's forecast earnings growth (33.1% per year) is above the savings rate (0.5%).
Earnings vs Market: 0QIG's earnings (33.1% per year) are forecast to grow faster than the UK market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 0QIG's revenue (4.9% per year) is forecast to grow faster than the UK market (3.8% per year).
High Growth Revenue: 0QIG's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0QIG's Return on Equity is forecast to be low in 3 years time (9.8%).
How has Axactor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0QIG has high quality earnings.
Growing Profit Margin: 0QIG's current net profit margins (5.7%) are higher than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: 0QIG has become profitable over the past 5 years, growing earnings by 58.4% per year.
Accelerating Growth: 0QIG's earnings growth over the past year (263.4%) exceeds its 5-year average (58.4% per year).
Earnings vs Industry: 0QIG earnings growth over the past year (263.4%) exceeded the Consumer Finance industry 9.2%.
Return on Equity
High ROE: 0QIG's Return on Equity (5.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Axactor's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0QIG has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0QIG's debt is not covered by short term assets (assets are 0.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 0QIG is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: 0QIG is profitable, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: 0QIG's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0QIG has a sufficient allowance for bad loans.
Low Risk Liabilities: 0QIG reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0QIG has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0QIG has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0QIG has an appropriate level of bad loans.
What is Axactor's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 0QIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 0QIG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 0QIG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 0QIG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 0QIG's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Endre Rangnes (60yo)
Mr. Endre Rangnes has been the Chief Executive Officer of Axactor AB (publ) (formerly, Nickel Mountain Group AB (publ)) since November 19, 2015. Mr. Rangnes served as Executive at Lock Lower Holding AS. Mr ...
CEO Compensation Analysis
Compensation vs Market: Endre's total compensation ($USD1.32M) is above average for companies of similar size in the UK market ($USD592.05K).
Compensation vs Earnings: Endre's compensation has increased by more than 20% in the past year.
|Chief Executive Officer||4.3yrs||€1.22m||0.47% €12.4m|
|Chief Financial Officer||2yrs||€522.00k||0.56% €14.7m|
|COO & Acting Country Manager of Norway||4.3yrs||€414.00k||0.31% €8.2m|
|Head of Group Legal and Compliance||1.6yrs||€165.00k||no data|
|Executive Vice President of Human Resources||4.3yrs||€267.00k||0.15% €4.0m|
|Executive Vice President of Portfolio Acquisitions||0yrs||€367.00k||0.066% €1.7m|
|Country Manager of Sweden||0yrs||€1.25m||no data|
|Country Manager of Spain||0yrs||€569.00k||no data|
|Country Manager Spain||0yrs||€569.00k||no data|
|Country Manager of Norway||0yrs||€169.00k||no data|
Experienced Management: 0QIG's management team is considered experienced (4.3 years average tenure).
|Chairman of the Board||2.9yrs||€115.00k||0.054% €1.4m|
Experienced Board: 0QIG's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Axactor SE's company bio, employee growth, exchange listings and data sources
- Name: Axactor SE
- Ticker: 0QIG
- Exchange: LSE
- Founded: 2015
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: kr2.651b
- Shares outstanding: 185.40m
- Website: https://www.axactor.com
Number of Employees
- Axactor SE
- Drammensveien 167
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXA||OB (Oslo Bors)||Yes||Registered Shares||NO||NOK||Nov 1997|
|2LJ||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Nov 1997|
|0QIG||LSE (London Stock Exchange)||Yes||Registered Shares||GB||NOK||Nov 1997|
|NCKK.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Nov 1997|
|AXAO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Shares||GB||NOK||Nov 1997|
Axactor SE, through its subsidiaries, operates as a debt management company in Sweden, Finland, Germany, Italy, Luxembourg, Norway, and Spain. The company operates through four segments: Non-performing Loans, Real Estate Assets, Third-Party Collection, and Account Receivables Management. It offers debt collection services, including amicable and legal collection, and debt surveillance; and real estate owned portfolios acquisitions services, as well as debt purchase, acquisition of non-performing loan portfolios, and carve-outs of internal debt collection departments of financial institutions. The company was formerly known as Axactor AB (publ) and changed its name to Axactor SE in August 2018. Axactor SE was founded in 2015 and is headquartered in Oslo, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 21:48|
|End of Day Share Price||2020/02/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.