Valuation B2 Impact ASA

Stocks

Market Closed - Oslo Bors 01:45:00 20/10/26 am AEDT			5-day change	1st Jan Change
23.15 ^NOK	-1.07%		-0.43%	+26.92%

12/10	Lannebo Corporate Bond Fund fell 0.6 percent in September, higher interest rates weighed	FW
15/09	Alfred Berg Nordic High Yield rose 0.63 percent in August, participated in new issues from B2 Impact and Ocean Yield	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	4,217	3,043	2,709	3,707	6,744	8,678	-	-
Change	-	-27.84%	-10.98%	36.85%	81.9%	28.69%	-	-
Enterprise Value (EV) ¹	13,284	12,085	11,744	12,993	16,628	19,330	20,170	20,096
Change	-	-9.03%	-2.82%	10.64%	27.97%	16.25%	4.35%	-0.37%
P/E	7.45x	9.59x	7.82x	13.4x	11x	10.4x	9.19x	8.84x
PBR	0.85x	0.6x	0.51x	0.66x	1.18x	1.52x	1.49x	1.47x
PEG	-	-0.2x	0.5x	-0.7x	0x	0.3x	0.7x	2.25x
Capitalization / Revenue	1.39x	0.99x	0.72x	1.01x	1.79x	2.19x	2.07x	1.98x
EV / Revenue	4.38x	3.92x	3.11x	3.53x	4.42x	4.88x	4.81x	4.6x
EV / EBITDA	9.52x	8.53x	6.97x	8.17x	9.06x	9.77x	9.45x	8.95x
EV / EBIT	10.2x	9.06x	7.44x	8.66x	9.59x	10.2x	9.83x	9.29x
EV / FCF	5.77x	9.73x	5.46x	6.9x	13.4x	62.3x	18.9x	15.8x
FCF Yield	17.3%	10.3%	18.3%	14.5%	7.46%	1.61%	5.28%	6.34%
Dividend per Share ²	0.42	0.2	0.7	1.5	1.9	2.283	2.47	2.573
Rate of return	4.05%	2.54%	9.52%	14.9%	10.4%	9.76%	10.6%	11%
EPS ²	1.39	0.82	0.94	0.75	1.66	2.255	2.547	2.647
Distribution rate	30.2%	24.4%	74.5%	200%	114%	101%	97%	97.2%
Net sales ¹	3,036	3,085	3,775	3,683	3,759	3,964	4,191	4,374
EBITDA ¹	1,396	1,417	1,684	1,591	1,835	1,979	2,133	2,245
EBIT ¹	1,308	1,334	1,578	1,500	1,734	1,896	2,052	2,164
Net income ¹	573	326	363	277	621	842.1	951.1	989.2
Net Debt ¹	9,067	9,042	9,035	9,286	9,884	10,652	11,492	11,418
Reference price ²	10.36	7.86	7.35	10.06	18.24	23.40	23.40	23.40
Nbr of stocks (in thousands)	407,086	387,181	368,595	368,532	369,727	370,870	-	-
Announcement Date	10/2/22	15/2/23	15/2/24	13/2/25	12/2/26	-	-	-

¹NOK in Million²NOK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
B2 IMPACT ASA	10.38x	4.88x	9.77x	9.76%	919M
AERCAP HOLDINGS N.V.	8.45x	7.24x	8.37x	1.1%	22.5B
MITSUBISHI HC CAPITAL INC.	11.48x	4.17x	22.86x	3.93%	11.94B
POWER FINANCE CORPORATION LIMITED	5.66x	-	-	5.38%	11.59B
INDIAN RAILWAY FINANCE CORPORATION LIMITED	11.63x	-	-	4.24%	11.05B
REC LIMITED	4.76x	-	-	6.6%	8.54B
TOKYO CENTURY CORPORATION	8.96x	3.16x	28.22x	3.72%	8.09B
L&T FINANCE LIMITED	16.02x	14x	33.85x	1.39%	6.68B
Average	9.67x	6.69x	20.61x	4.51%	10.16B
Weighted average by Cap.	9.24x	6.71x	18.45x	3.51%