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ACR

AxactorOB:ACR Stock Report

Market Cap

kr2.8b

7D

-0.3%

1Y

24.0%

Updated

24 Sep, 2021

Data

Company Financials +
ACR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance3/6
Financial Health0/6
Dividends0/6

ACR Overview

Axactor SE, through its subsidiaries, operates as a debt management company in Sweden, Finland, Germany, Italy, Norway, and Spain.

Axactor Competitors

Intrum

OM:INTRUM

kr29.5b

PRA Group

NasdaqGS:PRAA

US$1.9b

Encore Capital Group

NasdaqGS:ECPG

US$1.5b

Price History & Performance

Summary of all time highs, changes and price drops for Axactor
Historical stock prices
Current Share Pricekr9.28
52 Week Highkr7.00
52 Week Lowkr11.66
Beta2.04
1 Month Change-4.13%
3 Month Change-12.25%
1 Year Change24.00%
3 Year Change-62.79%
5 Year Change-62.75%
Change since IPO-99.86%

Recent News & Updates

Shareholder Returns

ACRNO Consumer FinanceNO Market
7D-0.3%-1.2%0.5%
1Y24.0%24.3%25.9%

Return vs Industry: ACR matched the Norwegian Consumer Finance industry which returned 24.3% over the past year.

Return vs Market: ACR underperformed the Norwegian Market which returned 25.9% over the past year.

Price Volatility

Is ACR's price volatile compared to industry and market?
ACR volatility
ACR Beta2.04
Industry Beta1.26
Market Beta1

Stable Share Price: ACR is not significantly more volatile than the rest of Norwegian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ACR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20151,062Johnny Vasilihttps://www.axactor.com

Axactor SE, through its subsidiaries, operates as a debt management company in Sweden, Finland, Germany, Italy, Norway, and Spain. The company operates through three segments: Non-performing Loans, Real estate Owned, and Third-Party Collection. It offers debt collection services, including amicable and legal collection; debt purchase, and acquisition and collection of non-performing loan portfolios; and accounts receivable management for third parties, as well as invests in real estate assets held for sale.

Axactor Fundamentals Summary

How do Axactor's earnings and revenue compare to its market cap?
ACR fundamental statistics
Market Cap€277.91m
Earnings (TTM)€9.09m
Revenue (TTM)€243.81m

30.6x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACR income statement (TTM)
Revenue€243.81m
Cost of Revenue€94.64m
Gross Profit€149.17m
Expenses€140.08m
Earnings€9.09m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 27, 2021

Earnings per share (EPS)0.03
Gross Margin61.18%
Net Profit Margin3.73%
Debt/Equity Ratio193.8%

How did ACR perform over the long term?

See historical performance and comparison

Valuation

Is Axactor undervalued compared to its fair value and its price relative to the market?

30.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ACR (NOK9.28) is trading below our estimate of fair value (NOK21.68)

Significantly Below Fair Value: ACR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ACR is poor value based on its PE Ratio (30.6x) compared to the European Consumer Finance industry average (14.2x).

PE vs Market: ACR is poor value based on its PE Ratio (30.6x) compared to the Norwegian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: ACR is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: ACR is good value based on its PB Ratio (0.7x) compared to the XE Consumer Finance industry average (1.4x).


Future Growth

How is Axactor forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

66.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ACR's forecast earnings growth (64.9% per year) is above the savings rate (1.2%).

Earnings vs Market: ACR's earnings (64.9% per year) are forecast to grow faster than the Norwegian market (10.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ACR's revenue (9.6% per year) is forecast to grow faster than the Norwegian market (5.8% per year).

High Growth Revenue: ACR's revenue (9.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ACR's Return on Equity is forecast to be low in 3 years time (12.5%).


Past Performance

How has Axactor performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACR has high quality earnings.

Growing Profit Margin: ACR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ACR has become profitable over the past 5 years, growing earnings by 10.4% per year.

Accelerating Growth: ACR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ACR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-14.9%).


Return on Equity

High ROE: ACR's Return on Equity (1.8%) is considered low.


Financial Health

How is Axactor's financial position?


Financial Position Analysis

Short Term Liabilities: ACR's short term assets (€121.2M) do not cover its short term liabilities (€179.8M).

Long Term Liabilities: ACR's short term assets (€121.2M) do not cover its long term liabilities (€705.7M).


Debt to Equity History and Analysis

Debt Level: ACR's debt to equity ratio (193.8%) is considered high.

Reducing Debt: ACR's debt to equity ratio has increased from 34.4% to 193.8% over the past 5 years.

Debt Coverage: ACR's debt is not well covered by operating cash flow (16.3%).

Interest Coverage: ACR's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

What is Axactor current dividend yield, its reliability and sustainability?

1.74%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ACR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ACR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ACR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ACR'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 ACR's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Johnny Vasili

1.42yrs

Tenure

€524,000

Compensation

Mr. Johnny Tsolis Vasili serves as Chief Executive Officer of Axactor SE since June 26, 2020 and served as its Interim Chief Executive Officer since April 3, 2020 until June 26, 2020 and served as Chief Fi...


CEO Compensation Analysis

Compensation vs Market: Johnny's total compensation ($USD614.95K) is about average for companies of similar size in the Norwegian market ($USD621.72K).

Compensation vs Earnings: Johnny's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ACR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: ACR's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ACR insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 63%.


Top Shareholders

Company Information

Axactor SE's employee growth, exchange listings and data sources


Key Information

  • Name: Axactor SE
  • Ticker: ACR
  • Exchange: OB
  • Founded: 2015
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: kr2.802b
  • Shares outstanding: 302.15m
  • Website: https://www.axactor.com

Number of Employees


Location

  • Axactor SE
  • Drammensveien 167
  • Oslo
  • Oslo
  • 277
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 22:56
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.