B2Holding ASA provides debt solutions for banks and institutional vendors.
Price History & Performance
|Historical stock prices|
|Current Share Price||kr10.17|
|52 Week High||kr5.69|
|52 Week Low||kr11.32|
|1 Month Change||1.70%|
|3 Month Change||0.20%|
|1 Year Change||71.79%|
|3 Year Change||-37.22%|
|5 Year Change||-25.77%|
|Change since IPO||39.32%|
Recent News & Updates
What Kind Of Investors Own Most Of B2Holding ASA (OB:B2H)?
Every investor in B2Holding ASA ( OB:B2H ) should be aware of the most powerful shareholder groups. Insiders often own...
|B2H||NO Consumer Finance||NO Market|
Return vs Industry: B2H exceeded the Norwegian Consumer Finance industry which returned 24.3% over the past year.
Return vs Market: B2H exceeded the Norwegian Market which returned 25.9% over the past year.
Stable Share Price: B2H is less volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: B2H's weekly volatility (4%) has been stable over the past year.
About the Company
B2Holding ASA provides debt solutions for banks and institutional vendors. The company’s portfolio of business consists of purchase, management, and collection of unsecured and secured non-performing loans. Its services include debt purchase and collection, credit information, third party debt collection, and consumer lending, as well as telemarketing and fraud prevention services.
B2Holding Fundamentals Summary
|B2H fundamental statistics|
Is B2H overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|B2H income statement (TTM)|
|Cost of Revenue||kr575.00m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 04, 2021
|Earnings per share (EPS)||1.32|
|Net Profit Margin||22.26%|
How did B2H perform over the long term?See historical performance and comparison
Is B2Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: B2H (NOK10.17) is trading below our estimate of fair value (NOK20.16)
Significantly Below Fair Value: B2H is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: B2H is good value based on its PE Ratio (7.7x) compared to the European Consumer Finance industry average (14.2x).
PE vs Market: B2H is good value based on its PE Ratio (7.7x) compared to the Norwegian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: B2H is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: B2H is good value based on its PB Ratio (0.9x) compared to the XE Consumer Finance industry average (1.4x).
How is B2Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: B2H's forecast earnings growth (19.1% per year) is above the savings rate (1.2%).
Earnings vs Market: B2H's earnings (19.1% per year) are forecast to grow faster than the Norwegian market (10.3% per year).
High Growth Earnings: B2H's earnings are forecast to grow, but not significantly.
Revenue vs Market: B2H's revenue (13.3% per year) is forecast to grow faster than the Norwegian market (5.8% per year).
High Growth Revenue: B2H's revenue (13.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: B2H's Return on Equity is forecast to be low in 3 years time (12.6%).
How has B2Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B2H has high quality earnings.
Growing Profit Margin: B2H's current net profit margins (22.3%) are higher than last year (14.4%).
Past Earnings Growth Analysis
Earnings Trend: B2H's earnings have grown by 2.8% per year over the past 5 years.
Accelerating Growth: B2H's earnings growth over the past year (64.7%) exceeds its 5-year average (2.8% per year).
Earnings vs Industry: B2H earnings growth over the past year (64.7%) exceeded the Consumer Finance industry -14.9%.
Return on Equity
High ROE: B2H's Return on Equity (11.1%) is considered low.
How is B2Holding's financial position?
Financial Position Analysis
Short Term Liabilities: B2H's short term assets (NOK14.1B) exceed its short term liabilities (NOK2.0B).
Long Term Liabilities: B2H's short term assets (NOK14.1B) exceed its long term liabilities (NOK8.9B).
Debt to Equity History and Analysis
Debt Level: B2H's debt to equity ratio (206.2%) is considered high.
Reducing Debt: B2H's debt to equity ratio has increased from 108.1% to 206.2% over the past 5 years.
Debt Coverage: B2H's debt is well covered by operating cash flow (34.6%).
Interest Coverage: Insufficient data to determine if B2H's interest payments on its debt are well covered by EBIT.
What is B2Holding current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate B2H's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate B2H'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 B2H's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if B2H's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: B2H is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of B2H's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Erik Johnsen (61 yo)
Mr. Erik Just Johnsen has been Chief Executive Officer of B2 Holding AS since February 5, 2020 and served as its Chief Financial Officer since January 16, 2017 until November 1, 2020 and served as its Inte...
CEO Compensation Analysis
Compensation vs Market: Erik's total compensation ($USD847.30K) is above average for companies of similar size in the Norwegian market ($USD621.72K).
Compensation vs Earnings: Erik's compensation has increased by more than 20% in the past year.
Experienced Management: B2H's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: B2H's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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.
B2Holding ASA's employee growth, exchange listings and data sources
- Name: B2Holding ASA
- Ticker: B2H
- Exchange: OB
- Founded: 2008
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: kr4.099b
- Shares outstanding: 409.93m
- Website: https://www.b2holding.no
Number of Employees
- B2Holding ASA
- Stortingsgaten 22
- 7th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 16:20|
|End of Day Share Price||2021/09/24 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.