Added to YB: 2026-07-20
Pitch date: 2026-07-16
ACR.OL [neutral]
Axactor ASA
Author Info
Undervalued and undercovered searches for undervalued stocks with little coverage. Sign up for the newsletter.
Company Info
Axactor ASA, through its subsidiaries, operates as a debt management and collection company in Sweden, Finland, Germany, Italy, Norway, and Spain.
Market Cap
NOK 349.7M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.01
P/E
4.92
EV/Sales
4.84
Sector
Consumer Finance
Category
special_situation
The NPL Industry: Left for Dead, Antifragile, and Cheap. High Uncorrelated Returns? - Axactor ASA
ACR.OL (needs more research): Nordic/Iberian unsecured NPL buyer mid-recap. EUR1.1B book, +EUR3B Sabadell deal. Q1'26 collections just 94% of forecast, Q2 IFRS review could cut up to EUR350M. Fortress/Geveran EUR200M placement delevers 3.7x→2.3x. ~0.9x book, 12.6x EPS. Targets 15%+ ROE, div June'27. Turnaround-or-bust; 3 of 4 banks suspended coverage.
Read full article (2 min)