B2 Impact ASAFRA:B28 +6.62%62 EV-to-FCF is 3.97 as of Jul. 05, 2026, which is 3% below its 10-year median of 4.08. GuruFocus rates FRA:B28 with a GF Score™ of 62/100 and a GF Value™ of €1.12 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 263 Credit Services companies, B2 Impact ASA ranks better than 79.85% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, B2 Impact ASA's Enterprise Value is €1,624.1 Mil.
B2 Impact ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €408.6 Mil. Therefore, B2 Impact ASA's EV-to-FCF for today is 3.97.
The historical rank and industry rank for B2 Impact ASA's EV-to-FCF or its related term are showing as below:
FRA:B28'
s EV-to-FCF Range Over the Past 10 Years
Min: 2.63 Med: 4.08 Max: 11.83
Current: 3.89
During the past 13 years, the highest EV-to-FCF of B2 Impact ASA was 11.83. The lowest was 2.63. And the median was 4.08.
FRA:B28's EV-to-FCF is ranked better than 79.85% of 263
companies
in the Credit Services industry
Industry Median: 13.6
vs FRA:B28: 3.89
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
B2 Impact ASA's PE Ratio (TTM) for today is calculated as:
B2 Impact ASA's share price for today is €2.175.
B2 Impact ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.154.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
B2 Impact ASA EV-to-FCF Related Terms
B2 Impact ASA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for B2 Impact ASA's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, B2 Impact ASA's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
B2 Impact ASA EV-to-FCF vs Credit Services Industry
For the Credit Services industry and Financial Services sector, B2 Impact ASA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where B2 Impact ASA's EV-to-FCF falls into.
B2 Impact ASA's current Enterprise Value is €1,624.1 Mil.
B2 Impact ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €408.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
B2 Impact ASA (FRA:B28) has a EV-to-FCF of 3.97 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on B2 Impact ASA and its competitors. This is near median its historical median of 4.08. Over the past decade, B2 Impact ASA's EV-to-FCF has ranged from 2.63 to 11.83. According to the industry distribution chart, B2 Impact ASA ranks #53 out of 263 companies in the Credit Services industry, placing it in the top 20.2%.
Is B2 Impact ASA's EV-to-FCF too high?
B2 Impact ASA's current EV-to-FCF of 3.97 is near median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 11.83. The Credit Services industry median EV-to-FCF is 13.60. B2 Impact ASA's value of 3.97 is 70.8% below this industry median. Based on the distribution chart, B2 Impact ASA ranks #53 out of 263 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, B2 Impact ASA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does B2 Impact ASA's EV-to-FCF compare to V and MA?
According to the Credit Services industry distribution chart, B2 Impact ASA ranks #53 out of 263 companies for EV-to-FCF. This places B2 Impact ASA in the top 20% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 13.60. B2 Impact ASA's value of 3.97 is 70.8% below this benchmark. Historically, B2 Impact ASA's own EV-to-FCF has ranged from 2.63 to 11.83 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 13.60, B2 Impact ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Credit Services company?
The median EV-to-FCF among Credit Services companies is 13.60, based on 263 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B2 Impact ASA's current EV-to-FCF of 3.97 is 70.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on B2 Impact ASA and its competitors. For the Credit Services industry, the median EV-to-FCF is 13.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B2 Impact ASA's current EV-to-FCF is 3.97, which is near median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B2 Impact ASA stock overvalued right now?
Based on GuruFocus' analysis, B2 Impact ASA (FRA:B28) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.12, compared to a current price of €2.18 — trading 94.2% above its estimated fair value. The current EV-to-FCF is 3.97, which is near median its 10-year median of 4.08 and 70.8% below the Credit Services industry median of 13.60. B2 Impact ASA's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For B2 Impact ASA (FRA:B28), the current EV-to-FCF is 3.97 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is B2 Impact ASA (FRA:B28) Overvalued in 2026?
Based on GuruFocus' analysis, B2 Impact ASA stock appears to be overvalued.
The current stock price of €2.18 is trading 94.2% above its estimated GF Value™ of €1.12.
GuruFocus considers B2 Impact ASA to be Significantly Overvalued.
Key valuation signals for FRA:B28:
EV-to-FCF: 3.97 (near median its 10-year median of 4.08)
GF Value™: €1.12 vs. price of €2.18 (94.2% above fair value)
Industry Position: 70.8% below the Credit Services median (#53 of 263)
No single metric tells the full story. See the FRA:B28 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B2 Impact ASA is a Nordic-based debt management company and a pan-European debt solutions provider active in purchasing non-performing loans, debt collection, and third-party debt collection. The company offers solutions to the challenges created by defaulted loans through transparent and ethical debt management, builds financial health, and provides liquidity to financial institutions, contributing to a healthier financial system. The Group's services include debt collection, debt purchase, and third-party debt collection. Its main business lines are investments in non-performing loan (NPL) portfolios and servicing of debt, including third-party debt collection, with operations focused on unsecured and secured asset management across multiple European markets.
62GF Score
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