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 9,531 - -
Change - -27.84% -10.98% 36.85% 81.9% 41.33% - -
Enterprise Value (EV) 1 13,284 12,085 11,744 12,993 16,628 19,806 20,414 20,738
Change - -9.03% -2.82% 10.64% 27.97% 19.11% 3.07% 1.58%
P/E 7.45x 9.59x 7.82x 13.4x 11x 12x 10.6x 10.2x
PBR 0.85x 0.6x 0.51x 0.66x 1.18x 1.68x 1.64x 1.63x
PEG - -0.2x 0.5x -0.7x 0x 0.4x 0.8x 3.1x
Capitalization / Revenue 1.39x 0.99x 0.72x 1.01x 1.79x 2.43x 2.31x 2.23x
EV / Revenue 4.38x 3.92x 3.11x 3.53x 4.42x 5.06x 4.94x 4.85x
EV / EBITDA 9.52x 8.53x 6.97x 8.17x 9.06x 10.1x 9.76x 9.56x
EV / EBIT 10.2x 9.06x 7.44x 8.66x 9.59x 10.6x 10.2x 9.94x
EV / FCF 5.77x 9.73x 5.46x 6.9x 13.4x 58.5x 21.4x 18x
FCF Yield 17.3% 10.3% 18.3% 14.5% 7.46% 1.71% 4.68% 5.56%
Dividend per Share 2 0.42 0.2 0.7 1.5 1.9 2.1 2.383 2.483
Rate of return 4.05% 2.54% 9.52% 14.9% 10.4% 8.17% 9.27% 9.66%
EPS 2 1.39 0.82 0.94 0.75 1.66 2.147 2.43 2.51
Distribution rate 30.2% 24.4% 74.5% 200% 114% 97.8% 98.1% 98.9%
Net sales 1 3,036 3,085 3,775 3,683 3,759 3,916 4,129 4,273
EBITDA 1 1,396 1,417 1,684 1,591 1,835 1,958 2,091 2,170
EBIT 1 1,308 1,334 1,578 1,500 1,734 1,871 2,007 2,086
Net income 1 573 326 363 277 621 801.2 907.5 936.3
Net Debt 1 9,067 9,042 9,035 9,286 9,884 10,275 10,883 11,206
Reference price 2 10.36 7.86 7.35 10.06 18.24 25.70 25.70 25.70
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

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
151.75x - - -.--% 34.83B
1588.59x - - -.--% 17.04B
6.88x - - 4.39% 13.33B
12.1x4.7x15x3.83% 12.5B
12.83x - - 3.84% 12.13B
5.34x - - 5.95% 9.49B
19.97x15.12x - 1.18% 8.19B
16.26x - - 2.49% 8.07B
Average 226.71x 9.91x 15.00x 2.71% 14.45B
Weighted average by Cap. 286.39x 8.82x 15.00x 2.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield