Valuation B2 Impact ASA

Stocks

Market Closed - Oslo Bors 11:45:00 2026-10-30 EDT			5-day change	1st Jan Change
22.90 ^NOK	-0.22%		+2.23%	+25.55%

10-12	Lannebo Corporate Bond Fund fell 0.6 percent in September, higher interest rates weighed	FW
09-15	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	8,493	-	-
Change	-	-27.84%	-10.98%	36.85%	81.9%	25.94%	-	-
Enterprise Value (EV) ¹	13,284	12,085	11,744	12,993	16,628	19,151	19,996	19,932
Change	-	-9.03%	-2.82%	10.64%	27.97%	15.17%	4.41%	-0.32%
P/E	7.45x	9.59x	7.82x	13.4x	11x	10.2x	9.08x	8.69x
PBR	0.85x	0.6x	0.51x	0.66x	1.18x	1.49x	1.46x	1.44x
PEG	-	-0.2x	0.5x	-0.7x	0x	0.3x	0.7x	1.93x
Capitalization / Revenue	1.39x	0.99x	0.72x	1.01x	1.79x	2.16x	2.03x	1.94x
EV / Revenue	4.38x	3.92x	3.11x	3.53x	4.42x	4.86x	4.78x	4.56x
EV / EBITDA	9.52x	8.53x	6.97x	8.17x	9.06x	9.69x	9.4x	8.88x
EV / EBIT	10.2x	9.06x	7.44x	8.66x	9.59x	10.1x	9.77x	9.21x
EV / FCF	5.77x	9.73x	5.46x	6.9x	13.4x	33x	18x	16.1x
FCF Yield	17.3%	10.3%	18.3%	14.5%	7.46%	3.03%	5.55%	6.2%
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%	9.97%	10.8%	11.2%
EPS ²	1.39	0.82	0.94	0.75	1.66	2.238	2.523	2.637
Distribution rate	30.2%	24.4%	74.5%	200%	114%	102%	97.9%	97.6%
Net sales ¹	3,036	3,085	3,775	3,683	3,759	3,938	4,181	4,374
EBITDA ¹	1,396	1,417	1,684	1,591	1,835	1,975	2,128	2,245
EBIT ¹	1,308	1,334	1,578	1,500	1,734	1,897	2,047	2,164
Net income ¹	573	326	363	277	621	836.1	942.8	986.5
Net Debt ¹	9,067	9,042	9,035	9,286	9,884	10,658	11,503	11,440
Reference price ²	10.36	7.86	7.35	10.06	18.24	22.90	22.90	22.90
Nbr of stocks (in thousands)	407,086	387,181	368,595	368,532	369,727	370,870	-	-
Announcement Date	2/10/22	2/15/23	2/15/24	2/13/25	2/12/26	-	-	-

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	10.23x	4.86x	9.69x	9.97%	923M
AERCAP HOLDINGS N.V.	7.71x	7.04x	7.95x	1.01%	23.64B
MITSUBISHI HC CAPITAL INC.	11.44x	4.17x	22.84x	3.94%	11.92B
POWER FINANCE CORPORATION LIMITED	5.33x	-	-	5.72%	10.9B
INDIAN RAILWAY FINANCE CORPORATION LIMITED	10.63x	-	-	4.63%	10.1B
REC LIMITED	4.76x	-	-	6.97%	7.92B
TOKYO CENTURY CORPORATION	8.59x	3.16x	28x	3.89%	7.88B
L&T FINANCE LIMITED	15.39x	13.7x	33.43x	1.49%	6.43B
Average	9.26x	6.59x	20.38x	4.7%	9.96B
Weighted average by Cap.	8.75x	6.57x	17.82x	3.57%