B2 IMPACT ASA (B2I.OL) Stock Fundamental Analysis

OSL:B2I • NO0010633951

21.85 NOK
+0.25 (+1.16%)
Last: Feb 13, 2026, 12:30 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

6

B2I gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 10 industry peers in the Consumer Finance industry. While B2I belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on B2I. B2I also has an excellent dividend rating. These ratings would make B2I suitable for value and dividend investing!


Dividend Valuation Growth Profitability Health

7

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.
B2I.OL Yearly Net Income VS EBIT VS OCF VS FCFB2I.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

1.2 Ratios

  • B2I's Return On Assets of 2.96% is fine compared to the rest of the industry. B2I outperforms 70.00% of its industry peers.
  • The Return On Equity of B2I (8.79%) is comparable to the rest of the industry.
  • B2I has a better Return On Invested Capital (6.55%) than 90.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for B2I is above the industry average of 4.66%.
Industry RankSector Rank
ROA 2.96%
ROE 8.79%
ROIC 6.55%
ROA(3y)1.9%
ROA(5y)2.25%
ROE(3y)5.89%
ROE(5y)7.14%
ROIC(3y)8.16%
ROIC(5y)7.6%
B2I.OL Yearly ROA, ROE, ROICB2I.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • B2I's Profit Margin of 14.02% is fine compared to the rest of the industry. B2I outperforms 70.00% of its industry peers.
  • B2I's Profit Margin has improved in the last couple of years.
  • B2I has a Operating Margin of 38.22%. This is amongst the best in 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 55.13% is in line compared to the rest of the industry. B2I outperforms 50.00% of its industry peers.
  • B2I's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 38.22%
PM (TTM) 14.02%
GM 55.13%
OM growth 3Y6.98%
OM growth 5Y8.17%
PM growth 3Y-24.52%
PM growth 5Y16.24%
GM growth 3Y4.13%
GM growth 5Y4.45%
B2I.OL Yearly Profit, Operating, Gross MarginsB2I.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

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.
  • Compared to 5 years ago, B2I has less shares outstanding
  • Compared to 1 year ago, B2I has an improved debt to assets ratio.
B2I.OL Yearly Shares OutstandingB2I.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
B2I.OL Yearly Total Debt VS Total AssetsB2I.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • B2I has a debt to FCF ratio of 2.19. This is a good value and a sign of high solvency as B2I would need 2.19 years to pay back of all of its debts.
  • B2I has a Debt to FCF ratio of 2.19. This is in the better half of the industry: B2I outperforms 80.00% of its industry peers.
  • B2I has a Debt/Equity ratio of 1.74. This is a high value indicating a heavy dependency on external financing.
  • B2I has a Debt to Equity ratio (1.74) which is comparable to the rest of the industry.
  • Even though the debt/equity ratio score it not favorable for B2I, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 1.74
Debt/FCF 2.19
Altman-Z N/A
ROIC/WACC0.66
WACC9.9%
B2I.OL Yearly LT Debt VS Equity VS FCFB2I.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.3 Liquidity

  • B2I has a Current Ratio of 2.10. This indicates that B2I is financially healthy and has no problem in meeting its short term obligations.
  • B2I's Current ratio of 2.10 is amongst the best of the industry. B2I outperforms 100.00% of its industry peers.
  • B2I has a Quick Ratio of 2.10. 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 2.10, B2I belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.1
Quick Ratio 2.1
B2I.OL Yearly Current Assets VS Current LiabilitesB2I.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 51.72% over the past year.
  • B2I shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 22.67% yearly.
  • B2I shows a decrease in Revenue. In the last year, the revenue decreased by -5.42%.
  • Measured over the past years, B2I shows a small growth in Revenue. The Revenue has been growing by 4.10% on average per year.
EPS 1Y (TTM)51.72%
EPS 3Y-18.59%
EPS 5Y22.67%
EPS Q2Q%285%
Revenue 1Y (TTM)-5.42%
Revenue growth 3Y3.97%
Revenue growth 5Y4.1%
Sales Q2Q%13.21%

3.2 Future

  • The Earnings Per Share is expected to grow by 39.94% on average over the next years. This is a very strong growth
  • B2I is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.19% yearly.
EPS Next Y156.32%
EPS Next 2Y58.48%
EPS Next 3Y39.94%
EPS Next 5YN/A
Revenue Next Year4.45%
Revenue Next 2Y1.83%
Revenue Next 3Y3.19%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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.
B2I.OL Yearly Revenue VS EstimatesB2I.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B
B2I.OL Yearly EPS VS EstimatesB2I.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5 2

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.55 indicates a correct valuation of B2I.
  • Based on the Price/Earnings ratio, B2I is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
  • The average S&P500 Price/Earnings ratio is at 27.67. B2I is valued slightly cheaper when compared to this.
  • B2I is valuated reasonably with a Price/Forward Earnings ratio of 11.60.
  • B2I's Price/Forward Earnings ratio is in line with the industry average.
  • B2I's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.69.
Industry RankSector Rank
PE 16.55
Fwd PE 11.6
B2I.OL Price Earnings VS Forward Price EarningsB2I.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • B2I's Price/Free Cash Flow ratio is rather cheap when compared to the industry. B2I is cheaper than 90.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 1.82
EV/EBITDA N/A
B2I.OL Per share dataB2I.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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 39.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.11
PEG (5Y)0.73
EPS Next 2Y58.48%
EPS Next 3Y39.94%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • B2I has a Yearly Dividend Yield of 7.50%, which is a nice return.
  • B2I's Dividend Yield is rather good when compared to the industry average which is at 1.41. B2I pays more dividend than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, B2I pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.5%

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

  • B2I pays out 158.28% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of B2I is growing, but earnings are growing more, so the dividend growth is sustainable.
DP158.28%
EPS Next 2Y58.48%
EPS Next 3Y39.94%
B2I.OL Yearly Income VS Free CF VS DividendB2I.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B
B2I.OL Dividend Payout.B2I.OL Dividend Payout, showing the Payout Ratio.B2I.OL Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

B2 IMPACT ASA

OSL:B2I (2/13/2026, 12:30:32 PM)

21.85

+0.25 (+1.16%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)11-06
Earnings (Next)02-12
Inst Owners20.46%
Inst Owner ChangeN/A
Ins Owners0.84%
Ins Owner ChangeN/A
Market Cap8.08B
Revenue(TTM)3.49B
Net Income(TTM)489.00M
Analysts82.5
Price Target18.92 (-13.41%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 7.5%
Yearly Dividend1.3
Dividend Growth(5Y)32.9%
DP158.28%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.96%
Min EPS beat(2)-18.59%
Max EPS beat(2)48.51%
EPS beat(4)1
Avg EPS beat(4)-15.8%
Min EPS beat(4)-83.12%
Max EPS beat(4)48.51%
EPS beat(8)2
Avg EPS beat(8)-33.35%
EPS beat(12)4
Avg EPS beat(12)-24.71%
EPS beat(16)5
Avg EPS beat(16)-23.8%
Revenue beat(2)2
Avg Revenue beat(2)6.31%
Min Revenue beat(2)4.24%
Max Revenue beat(2)8.38%
Revenue beat(4)3
Avg Revenue beat(4)1.89%
Min Revenue beat(4)-6.16%
Max Revenue beat(4)8.38%
Revenue beat(8)6
Avg Revenue beat(8)3.16%
Revenue beat(12)9
Avg Revenue beat(12)3.56%
Revenue beat(16)12
Avg Revenue beat(16)2.49%
PT rev (1m)0%
PT rev (3m)-0.13%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.16%
EPS NY rev (3m)1.51%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.25%
Valuation
Industry RankSector Rank
PE 16.55
Fwd PE 11.6
P/S 2.32
P/FCF 1.82
P/OCF 1.81
P/B 1.45
P/tB 1.7
EV/EBITDA N/A
EPS(TTM)1.32
EY6.04%
EPS(NY)1.88
Fwd EY8.62%
FCF(TTM)11.98
FCFY54.81%
OCF(TTM)12.09
OCFY55.32%
SpS9.43
BVpS15.05
TBVpS12.88
PEG (NY)0.11
PEG (5Y)0.73
Graham Number21.14
Profitability
Industry RankSector Rank
ROA 2.96%
ROE 8.79%
ROCE 8.53%
ROIC 6.55%
ROICexc 7.16%
ROICexgc 7.59%
OM 38.22%
PM (TTM) 14.02%
GM 55.13%
FCFM 126.95%
ROA(3y)1.9%
ROA(5y)2.25%
ROE(3y)5.89%
ROE(5y)7.14%
ROIC(3y)8.16%
ROIC(5y)7.6%
ROICexc(3y)8.98%
ROICexc(5y)8.44%
ROICexgc(3y)9.61%
ROICexgc(5y)9.07%
ROCE(3y)10.65%
ROCE(5y)9.93%
ROICexgc growth 3Y-0.15%
ROICexgc growth 5Y11.94%
ROICexc growth 3Y0.67%
ROICexc growth 5Y12%
OM growth 3Y6.98%
OM growth 5Y8.17%
PM growth 3Y-24.52%
PM growth 5Y16.24%
GM growth 3Y4.13%
GM growth 5Y4.45%
F-Score5
Asset Turnover0.21
Health
Industry RankSector Rank
Debt/Equity 1.74
Debt/FCF 2.19
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 1.18%
Interest Coverage 1.76
Cash Conversion N/A
Profit Quality 905.52%
Current Ratio 2.1
Quick Ratio 2.1
Altman-Z N/A
F-Score5
WACC9.9%
ROIC/WACC0.66
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.17%
Cap/Sales(5y)1.32%
Profit Quality(3y)1154.43%
Profit Quality(5y)1017%
High Growth Momentum
Growth
EPS 1Y (TTM)51.72%
EPS 3Y-18.59%
EPS 5Y22.67%
EPS Q2Q%285%
EPS Next Y156.32%
EPS Next 2Y58.48%
EPS Next 3Y39.94%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.42%
Revenue growth 3Y3.97%
Revenue growth 5Y4.1%
Sales Q2Q%13.21%
Revenue Next Year4.45%
Revenue Next 2Y1.83%
Revenue Next 3Y3.19%
Revenue Next 5YN/A
EBIT growth 1Y-7.49%
EBIT growth 3Y11.23%
EBIT growth 5Y12.6%
EBIT Next Year14.69%
EBIT Next 3Y5.1%
EBIT Next 5YN/A
FCF growth 1Y27.42%
FCF growth 3Y2.53%
FCF growth 5Y0.92%
OCF growth 1Y26.14%
OCF growth 3Y2.35%
OCF growth 5Y0.81%

B2 IMPACT ASA / B2I.OL FAQ

What is the fundamental rating for B2I stock?

ChartMill assigns a fundamental rating of 6 / 10 to B2I.OL.


What is the valuation status of B2 IMPACT ASA (B2I.OL) stock?

ChartMill assigns a valuation rating of 7 / 10 to B2 IMPACT ASA (B2I.OL). This can be considered as Undervalued.


Can you provide the profitability details for B2 IMPACT ASA?

B2 IMPACT ASA (B2I.OL) has a profitability rating of 7 / 10.


Can you provide the financial health for B2I stock?

The financial health rating of B2 IMPACT ASA (B2I.OL) is 6 / 10.


Can you provide the dividend sustainability for B2I stock?

The dividend rating of B2 IMPACT ASA (B2I.OL) is 7 / 10 and the dividend payout ratio is 158.28%.