How does B2I's PE Ratio compare to its peers?

B2I is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (7.3x).

How does B2I's PE Ratio compare vs other companies in the European Consumer Finance Industry?

B2I is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the European Consumer Finance industry average (9.2x).

What is B2I's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

B2I is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the estimated Fair Price-To-Earnings Ratio (6.1x).

What is the Fair Price of B2I when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

B2I (NOK10.1) is trading above our estimate of [[fair value]] (NOK8.87)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

B2I Stock Overview

Provides various debt solutions. More details

B2I fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

Rewards

Earnings are forecast to grow 25.84% per year

Risk Analysis

Has a high level of debt

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

B2 Impact ASA Competitors

Axactor

OB:ACR

NOK 1.2b

HitecVision

OTCNO:HITV

NOK 2.7b

ABG Sundal Collier Holding

OB:ABG

NOK 3.6b

AEON Credit Service (Asia)

SEHK:900

HK$2.4b

Price History & Performance

Summary of share price highs, lows and changes for B2 Impact
Historical stock prices
Current Share Price	NOK 10.10
52 Week High	NOK 10.24
52 Week Low	NOK 7.04
Beta	1.18
1 Month Change	4.55%
3 Month Change	21.83%
1 Year Change	37.42%
3 Year Change	2.43%
5 Year Change	4.55%
Change since IPO	38.36%

Recent updates

Shareholder Returns

	B2I	NO Consumer Finance	NO Market
7D	2.1%	-0.8%	-2.4%
1Y	37.4%	12.5%	-0.3%

Return vs Industry: B2I exceeded the Norwegian Consumer Finance industry which returned 11% over the past year.

Return vs Market: B2I exceeded the Norwegian Market which returned -0.1% over the past year.

Price Volatility

Is B2I's price volatile compared to industry and market?
B2I volatility
B2I Average Weekly Movement	4.1%
Consumer Finance Industry Average Movement	4.5%
Market Average Movement	5.0%
10% most volatile stocks in NO Market	11.2%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: B2I has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: B2I's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2008	1,430	Trond Andreassen	www.b2-impact.com

B2 Impact ASA, together with its subsidiaries, provides various debt solutions. 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.

B2 Impact ASA Fundamentals Summary

How do B2 Impact's earnings and revenue compare to its market cap?
B2I fundamental statistics
Market cap	NOK 3.72b
Earnings (TTM)	NOK 323.00m
Revenue (TTM)	NOK 3.04b

11.5x

P/E Ratio

1.2x

P/S Ratio

Is B2I overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
B2I income statement (TTM)
Revenue	NOK 3.04b
Cost of Revenue	NOK 906.00m
Gross Profit	NOK 2.13b
Other Expenses	NOK 1.81b
Earnings	NOK 323.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)	0.88
Gross Margin	70.18%
Net Profit Margin	10.63%
Debt/Equity Ratio	161.1%

How did B2I perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

81%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 13:49
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

B2 Impact ASA is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ulrik Zürcher	Beringer Finance AB
Johan Ström	Carnegie Investment Bank AB
Håkon Astrup	DNB Markets

B2I Stock Overview

Rewards

Risk Analysis

B2 Impact ASA Competitors

OB:ACR

NOK 1.2b

OTCNO:HITV

NOK 2.7b

OB:ABG

NOK 3.6b

SEHK:900

HK$2.4b

Price History & Performance

Recent News & Updates

B2 Impact ASA, Annual General Meeting, May 22, 2025

B2 Impact ASA to Report Fiscal Year 2024 Final Results on Apr 30, 2025

Consensus EPS estimates fall by 19%, revenue upgraded

B2 Impact ASA Announces Dividend, Payable on 31 October 2024

Investor sentiment improves as stock rises 16%

B2 Impact ASA Approves an Additional Dividend for 2023

Recent updates

B2 Impact ASA, Annual General Meeting, May 22, 2025

B2 Impact ASA to Report Fiscal Year 2024 Final Results on Apr 30, 2025

Consensus EPS estimates fall by 19%, revenue upgraded

B2 Impact ASA Announces Dividend, Payable on 31 October 2024

Investor sentiment improves as stock rises 16%

B2 Impact ASA Approves an Additional Dividend for 2023

B2 Impact ASA Announces CEO Changes, Effective 1 December 2024

Consensus EPS estimates fall by 10%

B2 Impact ASA Approves Cash Dividend for Year 2023, Payable on 3 June 2024

Upcoming dividend of kr0.70 per share

Consensus EPS estimates increase by 11%

Dividend of kr0.70 announced

New minor risk - Earnings quality

B2 Impact ASA to Report Fiscal Year 2023 Final Results on Apr 30, 2024

B2 Impact ASA Announces Management Changes

Consensus EPS estimates fall by 17%

B2Holding ASA (OB:B2H) agreed to acquire Portfolio of Non-performing Loans from Financiera El Corte Inglés E.F.C., S.A.

Price target decreased by 7.9% to kr10.83

Independent Chair of the Board recently bought kr543k worth of stock

B2Holding ASA Approves Dividend for the Financial Year 2022

Consensus EPS estimates fall by 15%, revenue upgraded

B2Holding's (OB:B2H) Dividend Will Be Reduced To NOK0.20

Upcoming dividend of kr0.20 per share at 2.7% yield

B2Holding (OB:B2H) Will Pay A Smaller Dividend Than Last Year

B2Holding's (OB:B2H) Dividend Will Be Reduced To NOK0.20

Chief Executive Officer recently bought kr373k worth of stock

B2Holding (OB:B2H) Is Paying Out Less In Dividends Than Last Year

B2Holding ASA Proposes Cash Dividend Payable on 5 June 2023

B2Holding ASA, Annual General Meeting, May 25, 2023

High number of new and inexperienced directors

Consensus EPS estimates fall by 28%

Insider recently sold kr1.3m worth of stock

An unknown buyer agreed to acquire Debt Collection Agency AD from B2Holding ASA (OB:B2H) for €48.4 million.

An unknown buyer agreed to acquire Debt Collection Agency AD from B2Holding ASA (OB:B2H) for €48.4 million.

B2Holding ASA Announces Executive Appointments

B2Holding ASA Announces Executive Appointments

Upcoming dividend of kr0.42 per share

High number of new directors

B2Holding ASA Proposes Dividend for 2021

Independent Director recently bought kr332k worth of stock

B2Holding ASA Proposes Dividend, Payable on 2 June 2022

Chief Executive Officer recently bought kr1.1m worth of stock

Independent Director has left the company

Price target increased to kr11.35

B2holding ASA Approves Cash Dividend for the Year of 2020

Price target increased to kr10.73

B2Holding ASA Proposes Dividends for the Financial Year 2020

What Kind Of Investors Own Most Of B2Holding ASA (OB:B2H)?

Price target raised to kr10.48

Revenue beats expectations

New 90-day high: kr7.80

Who Has Been Buying B2Holding ASA (OB:B2H) Shares?

New 90-day high: kr7.68

B2Holding (OB:B2H) Share Prices Have Dropped 65% In The Last Three Years

Price target raised to kr9.35

Investor sentiment improved over the past week

Do Institutions Own B2Holding ASA (OB:B2H) Shares?

New 90-day high: kr7.50

B2Holding ASA to Report First Half, 2021 Results on Aug 25, 2021