B2 IMPACT ASA (B2I.OL) Stock Fundamental Analysis
OSL:B2I - Euronext Oslo - NO0010633951 - Common Stock - Currency: NOK
B2I gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 8 industry peers in the Consumer Finance industry. Both the profitability and the financial health of B2I get a neutral evaluation. Nothing too spectacular is happening here. B2I may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make B2I suitable for value investing!
1. Profitability
1.1 Basic Checks
In the past year B2I was profitable.
B2I had a positive operating cash flow in the past year.
Each year in the past 5 years B2I has been profitable.
In the past 5 years B2I always reported a positive cash flow from operatings.
1.2 Ratios
B2I has a Return On Assets of 1.63%. This is in the better half of the industry: B2I outperforms 62.50% of its industry peers.
Looking at the Return On Equity, with a value of 4.93%, B2I is doing worse than 62.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 6.69%, B2I belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for B2I is above the industry average of 5.13%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 4.93% | ||
| ROIC | 6.69% |
ROA(3y)1.9%
ROA(5y)2.25%
ROE(3y)5.89%
ROE(5y)7.14%
ROIC(3y)7.68%
ROIC(5y)7.31%
1.3 Margins
B2I's Profit Margin of 7.77% is in line compared to the rest of the industry. B2I outperforms 50.00% of its industry peers.
In the last couple of years the Profit Margin of B2I has grown nicely.
B2I's Operating Margin of 38.81% is amongst the best of the industry. B2I outperforms 100.00% of its industry peers.
B2I's Operating Margin has improved in the last couple of years.
B2I's Gross Margin of 54.88% is on the low side compared to the rest of the industry. B2I is outperformed by 75.00% of its industry peers.
In the last couple of years the Gross Margin of B2I has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 38.81% | ||
| PM (TTM) | 7.77% | ||
| GM | 54.88% |
OM growth 3Y-0.73%
OM growth 5Y3.42%
PM growth 3Y-25.46%
PM growth 5Y15.37%
GM growth 3Y-1.72%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), B2I is destroying value.
The number of shares outstanding for B2I remains at a similar level compared to 1 year ago.
B2I has less shares outstanding than it did 5 years ago.
The debt/assets ratio for B2I has been reduced compared to a year ago.
2.2 Solvency
B2I has a debt to FCF ratio of 2.63. This is a good value and a sign of high solvency as B2I would need 2.63 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.63, B2I belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
B2I has a Debt/Equity ratio of 1.74. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.74, B2I is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 2.63 | ||
| Altman-Z | N/A |
ROIC/WACC0.81
WACC8.26%
2.3 Liquidity
A Current Ratio of 2.09 indicates that B2I has no problem at all paying its short term obligations.
B2I's Current ratio of 2.09 is fine compared to the rest of the industry. B2I outperforms 75.00% of its industry peers.
B2I has a Quick Ratio of 2.09. This indicates that B2I is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.09, B2I is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.09 | ||
| Quick Ratio | 2.09 |
3. Growth
3.1 Past
The earnings per share for B2I have decreased strongly by -20.93% in the last year.
B2I shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.64% yearly.
The Revenue has decreased by -7.78% in the past year.
Measured over the past years, B2I shows a small growth in Revenue. The Revenue has been growing by 4.89% on average per year.
EPS 1Y (TTM)-20.93%
EPS 3Y-18.66%
EPS 5Y23.64%
EPS Q2Q%-71.99%
Revenue 1Y (TTM)-7.78%
Revenue growth 3Y5.29%
Revenue growth 5Y4.89%
Sales Q2Q%-22.99%
3.2 Future
Based on estimates for the next years, B2I will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.19% on average per year.
Based on estimates for the next years, B2I will show a small growth in Revenue. The Revenue will grow by 1.32% on average per year.
EPS Next Y23.18%
EPS Next 2Y13.87%
EPS Next 3Y15.19%
EPS Next 5YN/A
Revenue Next Year-3.98%
Revenue Next 2Y-0.2%
Revenue Next 3Y1.32%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.63 indicates a correct valuation of B2I.
75.00% of the companies in the same industry are more expensive than B2I, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.35, B2I is valued rather cheaply.
B2I is valuated cheaply with a Price/Forward Earnings ratio of 6.46.
75.00% of the companies in the same industry are more expensive than B2I, based on the Price/Forward Earnings ratio.
B2I is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.63 | ||
| Fwd PE | 6.46 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, B2I is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.01 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of B2I may justify a higher PE ratio.
B2I's earnings are expected to grow with 15.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.59
PEG (5Y)0.58
EPS Next 2Y13.87%
EPS Next 3Y15.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 14.71%, B2I is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.24, B2I pays a better dividend. On top of this B2I pays more dividend than 100.00% of the companies listed in the same industry.
B2I's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.71% |
5.2 History
The dividend of B2I is nicely growing with an annual growth rate of 32.90%!
Dividend Growth(5Y)32.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
172.92% of the earnings are spent on dividend by B2I. This is not a sustainable payout ratio.
B2I's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP172.92%
EPS Next 2Y13.87%
EPS Next 3Y15.19%
OSL:B2I (3/10/2025, 11:42:24 AM)
10.22
+0.08 (+0.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)
Earnings (Next)
Inst Owners18.98%
Inst Owner ChangeN/A
Ins Owners1.45%
Ins Owner ChangeN/A
Market Cap3.77B
Analysts82.22
Price Target12.72 (24.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 14.71% |
Yearly Dividend1.3
Dividend Growth(5Y)32.9%
DP172.92%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-5.03%
Min Revenue beat(2)-11.14%
Max Revenue beat(2)1.08%
Revenue beat(4)2
Avg Revenue beat(4)-0.66%
Min Revenue beat(4)-11.14%
Max Revenue beat(4)16.17%
Revenue beat(8)5
Avg Revenue beat(8)2.9%
Revenue beat(12)9
Avg Revenue beat(12)2.86%
Revenue beat(16)10
Avg Revenue beat(16)1.28%
PT rev (1m)6.4%
PT rev (3m)8.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)2.01%
EPS NY rev (3m)13.59%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.14%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.63 | ||
| Fwd PE | 6.46 | ||
| P/S | 1.06 | ||
| P/FCF | 1.01 | ||
| P/OCF | 1 | ||
| P/B | 0.67 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.75
EY7.34%
EPS(NY)1.58
Fwd EY15.49%
FCF(TTM)10.11
FCFY98.87%
OCF(TTM)10.2
OCFY99.78%
SpS9.68
BVpS15.24
TBVpS13.05
PEG (NY)0.59
PEG (5Y)0.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.63% | ||
| ROE | 4.93% | ||
| ROCE | 8.76% | ||
| ROIC | 6.69% | ||
| ROICexc | 7.59% | ||
| ROICexgc | 8.05% | ||
| OM | 38.81% | ||
| PM (TTM) | 7.77% | ||
| GM | 54.88% | ||
| FCFM | 104.43% |
ROA(3y)1.9%
ROA(5y)2.25%
ROE(3y)5.89%
ROE(5y)7.14%
ROIC(3y)7.68%
ROIC(5y)7.31%
ROICexc(3y)8.54%
ROICexc(5y)8.17%
ROICexgc(3y)9.12%
ROICexgc(5y)8.78%
ROCE(3y)10.04%
ROCE(5y)9.56%
ROICexcg growth 3Y-5.59%
ROICexcg growth 5Y8.24%
ROICexc growth 3Y-4.59%
ROICexc growth 5Y8.45%
OM growth 3Y-0.73%
OM growth 5Y3.42%
PM growth 3Y-25.46%
PM growth 5Y15.37%
GM growth 3Y-1.72%
GM growth 5Y0.89%
F-Score5
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.74 | ||
| Debt/FCF | 2.63 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.95% | ||
| Interest Coverage | 1.57 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 1344.4% | ||
| Current Ratio | 2.09 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z | N/A |
F-Score5
WACC8.26%
ROIC/WACC0.81
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.16%
Cap/Sales(5y)1.31%
Profit Quality(3y)1154.43%
Profit Quality(5y)1017%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.93%
EPS 3Y-18.66%
EPS 5Y23.64%
EPS Q2Q%-71.99%
EPS Next Y23.18%
EPS Next 2Y13.87%
EPS Next 3Y15.19%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.78%
Revenue growth 3Y5.29%
Revenue growth 5Y4.89%
Sales Q2Q%-22.99%
Revenue Next Year-3.98%
Revenue Next 2Y-0.2%
Revenue Next 3Y1.32%
Revenue Next 5YN/A
EBIT growth 1Y4.22%
EBIT growth 3Y4.52%
EBIT growth 5Y8.48%
EBIT Next Year91.9%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-11.82%
FCF growth 3Y2.53%
FCF growth 5Y0.92%
OCF growth 1Y-12.4%
OCF growth 3Y2.35%
OCF growth 5Y0.81%