B2 Impact ASA

OB:B2I Stock Report

Market Cap: NOK 9.7b

B2 Impact Valuation

Is B2I undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: B2I (NOK26.2) is trading above our estimate of future cash flow value (NOK7.78)

Significantly Below Future Cash Flow Value: B2I is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for B2I?

Key metric: As B2I is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for B2I. This is calculated by dividing B2I's market cap by their current earnings.
What is B2I's PE Ratio?
PE Ratio14.7x
EarningsNOK 663.00m
Market CapNOK 9.72b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for B2I vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.6x
ACR Axactor
13.4x52.91%NOK 4.0b
ABG ABG Sundal Collier Holding
9.6xn/aNOK 3.8b
8584 JACCS
11x2.13%JP¥167.7b
8585 Orient
12.6x11.86%JP¥147.4b
B2I B2 Impact
14.7x11.86%NOK 9.7b

Price-To-Earnings vs Peers: B2I is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (11.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
B2I 14.7xIndustry Avg. 9.0xNo. of Companies6PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: B2I is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the European Consumer Finance industry average (9x).

Price to Earnings Ratio vs Fair Ratio

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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ratio9.8x

Price-To-Earnings vs Fair Ratio: B2I is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the estimated Fair Price-To-Earnings Ratio (9.8x).

Analyst Price Targets

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

The above table shows the analyst B2I forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 26.20
NOK 27.43
+4.71%
1.53%NOK 28.00NOK 27.00n/a3
Aug ’27NOK 24.25
NOK 27.43
+13.13%
1.53%NOK 28.00NOK 27.00n/a3
Jul ’27NOK 23.55
NOK 27.43
+16.49%
1.53%NOK 28.00NOK 27.00n/a3
Jun ’27NOK 21.55
NOK 27.43
+27.30%
1.53%NOK 28.00NOK 27.00n/a3
May ’27NOK 23.85
NOK 26.15
+9.64%
4.40%NOK 27.30NOK 25.00n/a2
Apr ’27NOK 23.75
NOK 26.15
+10.11%
4.40%NOK 27.30NOK 25.00n/a2
Mar ’27NOK 24.35
NOK 26.15
+7.39%
4.40%NOK 27.30NOK 25.00n/a2
Feb ’27NOK 20.80
NOK 18.65
-10.34%
1.88%NOK 19.00NOK 18.30n/a2
Jan ’27NOK 18.24
NOK 18.65
+2.25%
1.88%NOK 19.00NOK 18.30n/a2
Dec ’26NOK 16.86
NOK 18.65
+10.62%
1.88%NOK 19.00NOK 18.30n/a2
Nov ’26NOK 17.38
NOK 17.95
+3.28%
0.28%NOK 18.00NOK 17.90n/a2
Oct ’26NOK 17.48
NOK 17.95
+2.69%
0.28%NOK 18.00NOK 17.90n/a2
Sep ’26NOK 17.68
NOK 17.95
+1.53%
0.28%NOK 18.00NOK 17.90n/a2
Aug ’26NOK 15.90
NOK 13.70
-13.84%
12.41%NOK 15.40NOK 12.00NOK 24.252
Jul ’26NOK 14.52
NOK 13.70
-5.65%
12.41%NOK 15.40NOK 12.00NOK 23.552
Jun ’26NOK 12.32
NOK 13.70
+11.20%
12.41%NOK 15.40NOK 12.00NOK 21.552
May ’26NOK 11.36
NOK 12.10
+6.51%
0.83%NOK 12.20NOK 12.00NOK 23.852
Apr ’26NOK 10.06
NOK 11.40
+13.32%
8.71%NOK 12.20NOK 10.00NOK 23.753
Mar ’26NOK 10.38
NOK 11.40
+9.83%
8.71%NOK 12.20NOK 10.00NOK 24.353
Feb ’26NOK 10.80
NOK 11.40
+5.56%
8.71%NOK 12.20NOK 10.00NOK 20.803
Jan ’26NOK 10.06
NOK 11.07
+10.01%
8.13%NOK 12.20NOK 10.00NOK 18.243
Dec ’25NOK 9.71
NOK 11.07
+13.97%
8.13%NOK 12.20NOK 10.00NOK 16.863
Nov ’25NOK 9.64
NOK 11.00
+14.11%
7.42%NOK 12.00NOK 10.00NOK 17.383
Oct ’25NOK 8.19
NOK 10.43
+27.39%
2.96%NOK 10.70NOK 10.00NOK 17.483
Sep ’25NOK 8.44
NOK 10.43
+23.62%
2.96%NOK 10.70NOK 10.00NOK 17.683
Aug ’25NOK 8.59
NOK 10.43
+21.46%
2.96%NOK 10.70NOK 10.00NOK 15.903
NOK 27.43
Fair Value
4.5% undervalued intrinsic discount
3
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/09 23:33
End of Day Share Price 2026/08/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

B2 Impact ASA is covered by 4 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.

AnalystInstitution
null nullABG Sundal Collier
Johan StrömCarnegie Investment Bank AB
Simen AasDNB Carnegie