Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
B2 Impact ASA is a leading pan-European debt management company headquartered in Oslo, Norway, specializing in the acquisition, management, and recovery of non-performing loans. Founded in 2011, it provides essential liquidity to banks and financial institutions by purchasing distressed consumer, retail, and corporate loan portfolios, enabling creditors to clean up their balance sheets and focus on core lending activities. The company operates across 18-20 European markets, including Northern Europe, Poland, Central Europe, Western Europe, and South Eastern Europe, employing approximately 1,400-1,600 people. B2 Impact offers integrated services in debt purchase, in-house collection, and third-party debt collection, emphasizing transparent, ethical practices that prioritize voluntary solutions, customer satisfaction (80% score), and sustainable financial outcomes for debtors. Its business model supports a healthier financial ecosystem by restructuring debts, mitigating risks through geographic diversification, and adhering to core values of Agility, Integrity, Diversity, Excellence, and Responsibility (AIDER). Committed to sustainability, B2 Impact integrates environmental, social, and governance factors, focusing on customer knowledge, value chain responsibility, employee well-being, and transparent ESG conduct, playing a pivotal role in the credit services industry. With segments in Investments and Servicing, it generates significant revenue from portfolio management while contributing to economic efficiency post-financial regulations.
€2.04
€0.03 (-1.45%)
EOD Jul 2, 2026
Revenue grew 37.8%, still solid.
Even for strong businesses, today's 13x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
12.9x earnings, 1.8x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
NOK 2.25B
▲ +37.8% YoY
Net Income (TTM)
NOK 662M
▲ +124.2% YoY
Op. Margin
—
ROIC
—
Cash Flow & Balance Sheet
FCF (TTM)
NOK 4.73B
▲ +24.6% YoY
Op. Cash Flow (TTM)
NOK 4.75B
▲ +25.1% YoY
Net Debt
NOK 10.06B
Cash & Equiv.
NOK 420M
3Y CAGR: +12.0%
3Y CAGR: +14.2%
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At a P/E of 12.9 and a price-to-free-cash-flow of 1.8, B2 Impact ASA (B2I.XOSL) trades below a two-stage DCF intrinsic value of about NOK 264.14 per share, so at NOK 2.04 the stock looks undervalued (12,848.1% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, B2 Impact ASA scores 49/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 6.5%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about NOK 264.14 per share for B2I.XOSL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around NOK 198.11. At today's NOK 2.04, that puts the stock about 12,848.1% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
B2 Impact ASA scores 49 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a mixed business on these measures. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, B2 Impact ASA pays a regular dividend of about NOK 1.50 per share per year (typically in quarterly installments), a yield of roughly 6.5% at the current price. That is a payout ratio of about 83.5% of earnings, so the dividend is covered, with less cushion. B2 Impact ASA has grown the dividend at roughly 73.5% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For B2I.XOSL's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. B2I.XOSL currently trades below its estimated intrinsic value and scores 49/100 on quality (mixed). It also yields about 6.5%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.