Company Valuation: B2 Impact ASA

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 8,660 - -
Change - -27.84% -10.98% 36.85% 81.9% 28.41% - -
Enterprise Value (EV) 1 13,284 12,085 11,744 12,993 16,628 19,311 20,151 20,078
Change - -9.03% -2.82% 10.64% 27.97% 16.14% 4.35% -0.37%
P/E 7.45x 9.59x 7.82x 13.4x 11x 10.4x 9.17x 8.82x
PBR 0.85x 0.6x 0.51x 0.66x 1.18x 1.52x 1.49x 1.46x
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 2.18x 2.07x 1.98x
EV / Revenue 4.38x 3.92x 3.11x 3.53x 4.42x 4.87x 4.81x 4.59x
EV / EBITDA 9.52x 8.53x 6.97x 8.17x 9.06x 9.76x 9.45x 8.94x
EV / EBIT 10.2x 9.06x 7.44x 8.66x 9.59x 10.2x 9.82x 9.28x
EV / FCF 5.77x 9.73x 5.46x 6.9x 13.4x 62.2x 18.9x 15.8x
FCF Yield 17.3% 10.3% 18.3% 14.5% 7.46% 1.61% 5.28% 6.35%
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% 9.78% 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 23.35 23.35 23.35
Nbr of stocks (in thousands) 4,07,086 3,87,181 3,68,595 3,68,532 3,69,727 3,70,870 - -
Announcement Date 10/02/22 15/02/23 15/02/24 13/02/25 12/02/26 - - -
1NOK in Million2NOK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.48x7.29x8.42x1.1% 2.26TCr
11.49x4.14x22.86x3.93% 1.19TCr
5.48x - - 5.56% 1.1TCr
11.17x - - 4.41% 1.05TCr
9.06x3.17x28.3x3.68% 816.81Cr
4.64x - - 6.78% 819.48Cr
16.9x14.28x34.31x1.32% 684.82Cr
Average 9.60x 7.22x 23.47x 3.82% 1.13TCr
Weighted average by Cap. 9.26x 6.81x 18.76x 3.45%

Y-o-Y evolution of P/E

Valuation ratios - P/E - B2 Impact ASA

Historical PBR trend

Valuation ratios - PBR - B2 Impact ASA

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - B2 Impact ASA

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - B2 Impact ASA


Year-on-year evolution of the Yield

Valuation ratios - Yield - B2 Impact ASA