2026 Q3 - tulosraportti
8 päivää sitten
‧25 min
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| 1 | ||
| 166 | ||
| 1 262 | ||
| 918 | ||
| 2 145 |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 18.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 13.8. | ||
2026 Q1 - tulosraportti 29.5. | ||
2025 Q4 - tulosraportti 12.2. | ||
2025 Q3 - tulosraportti 29.10.2025 |
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
·2 t sittenWe have at least taken a good position here and plan to sit tight for quite a while until the case materializes and dividends arrive. So long. Long
·9 t sittenI haven't seen an analysis that problematizes the fact that 4 out of 6 markets did not reach active forecast in 3Q, the first quarter after the write-down. Marginally yes, but still a relatively clear red flag!Interest expenses are still on their way down as they have a bond that is to be redeemed. What they may have lost before refinancing is of course not interesting for future earnings now.
·3 päivää sitten · MuokattuCould it be Axactor swallowing this as well? They already have a good relationship with Sabadell from earlier this year. September 2026: Sabadell sells another 350 million euros. Interesting article dated September 8, 2026. It describes that Banco Sabadell has put a new portfolio of non-performing loans up for sale. https://ventaempresas.es/recursos/noticias/sabadell-vende-350-millones-en-prstamos-impagados-banca-1788847268055 The article mentions that Banco Sabadell has engaged EY to sell a portfolio of non-performing loans of 350 million euros. Another mention here: https://tauruscorporate.es/sabadell-vende-350-millones-en-prestamos-impagados/?utm_source=chatgpt.comThey have well said between 200-400meur in 2027, so they do have the capacity.- ·2.11.In 3Q consensus analysts estimated that Axactor would earn EUR 10 million before taxes. It turned out to be EUR 5 million. A completely inexplicable gap when having the interest income in advance! Unfortunately, consensus remains far too high going forward as well, and disappointments over weak results relative to expectations will continue to weigh on the company. Let us take 2027 as an example. Here, consensus is at 72 million in profit before tax. That is far, far too high! Take net revenues of EUR 269 million for 2027. The collection curve estimates interest income at 139 million. Assume that 3PC revenue becomes 70 million. Then interest income is estimated at 299 million. That is 60 million more than Axactor's own estimate for interest income for the current portfolio in 2027. That must come from new investments. Assuming 25% in interest income (compared to ~21% for the current portfolio), this corresponds to an average new portfolio of EUR 240 million. Axactor will invest from 25 to 75 million in 4Q. This means they must invest from 400 to 455 million in 2027 to reach 240 million in average new investment for 2027 and 60 million in interest income, and one can safely estimate that this will not happen. Alternatively, one can believe that the average IRR on new investments is approx. 35% - and that is not likely either. There is no doubt that expectations will continue downwards for Axactor - and that is not favorable for the share price development!You make a good point regarding Q3 and the risk that consensus is too high. However, I think you are too categorical when you conclude that the expectations for 2027 must without a doubt come down significantly. Your calculation is interesting, and I see the point that new investments must come early enough to contribute substantially to net interest income in 2027. But I believe it is necessary to take a closer look at the assumptions before one can establish that consensus is unrealistic. Axactor has communicated an investment target of EUR 200–400 million annually from 2027, while analyst consensus stands at EUR 289 million. This does not mean that the revenue estimates are automatically reached, but it shows the investment level that analysts actually expect. At the same time, the company has completed a comprehensive restructuring, reduced debt leverage, and achieved better financing terms. Borrowing interest costs fell by 17 % in Q3 compared to the previous year. This is relevant for pre-tax profit in 2027. I also believe that one must look at how new investments through the cooperation with Fortress affect both revenues, financing, and profit distribution, as well as the development in the 3PC business. I agree that EUR 72 million pre-tax is an ambitious estimate. But to conclude that it is unrealistic, we must have a complete earnings model that includes both portfolio revenues, costs, financing, and investment timing. I certainly do not rule out that consensus could be revised down. But I think it is too early to establish that it will necessarily happen. There is a difference between pointing out a risk and documenting that a specific earnings level cannot be achieved.
2.11.Julkaisu on poistettu.
Why on earth one must buy ACR with such poor volume, ergo difficult to execute a swing trade. Long position is also tragic with a lower price. Technically it does not look good either. If the stock falls below 4kr there will be more selling pressure and again low volume will make it harder to get out without moving the price. So the big question: is the debt collection business a place to be? Regulated by petty bureaucrats and hated by many people?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tuotteita joiden kohde-etuutena tämä arvopaperi
Välittäjätilasto
Dataa ei löytynyt
2026 Q3 - tulosraportti
8 päivää sitten
‧25 min
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
- ·2 t sittenWe have at least taken a good position here and plan to sit tight for quite a while until the case materializes and dividends arrive. So long. Long
- ·9 t sittenI haven't seen an analysis that problematizes the fact that 4 out of 6 markets did not reach active forecast in 3Q, the first quarter after the write-down. Marginally yes, but still a relatively clear red flag!Interest expenses are still on their way down as they have a bond that is to be redeemed. What they may have lost before refinancing is of course not interesting for future earnings now.
- ·3 päivää sitten · MuokattuCould it be Axactor swallowing this as well? They already have a good relationship with Sabadell from earlier this year. September 2026: Sabadell sells another 350 million euros. Interesting article dated September 8, 2026. It describes that Banco Sabadell has put a new portfolio of non-performing loans up for sale. https://ventaempresas.es/recursos/noticias/sabadell-vende-350-millones-en-prstamos-impagados-banca-1788847268055 The article mentions that Banco Sabadell has engaged EY to sell a portfolio of non-performing loans of 350 million euros. Another mention here: https://tauruscorporate.es/sabadell-vende-350-millones-en-prestamos-impagados/?utm_source=chatgpt.comThey have well said between 200-400meur in 2027, so they do have the capacity.
- ·2.11.In 3Q consensus analysts estimated that Axactor would earn EUR 10 million before taxes. It turned out to be EUR 5 million. A completely inexplicable gap when having the interest income in advance! Unfortunately, consensus remains far too high going forward as well, and disappointments over weak results relative to expectations will continue to weigh on the company. Let us take 2027 as an example. Here, consensus is at 72 million in profit before tax. That is far, far too high! Take net revenues of EUR 269 million for 2027. The collection curve estimates interest income at 139 million. Assume that 3PC revenue becomes 70 million. Then interest income is estimated at 299 million. That is 60 million more than Axactor's own estimate for interest income for the current portfolio in 2027. That must come from new investments. Assuming 25% in interest income (compared to ~21% for the current portfolio), this corresponds to an average new portfolio of EUR 240 million. Axactor will invest from 25 to 75 million in 4Q. This means they must invest from 400 to 455 million in 2027 to reach 240 million in average new investment for 2027 and 60 million in interest income, and one can safely estimate that this will not happen. Alternatively, one can believe that the average IRR on new investments is approx. 35% - and that is not likely either. There is no doubt that expectations will continue downwards for Axactor - and that is not favorable for the share price development!You make a good point regarding Q3 and the risk that consensus is too high. However, I think you are too categorical when you conclude that the expectations for 2027 must without a doubt come down significantly. Your calculation is interesting, and I see the point that new investments must come early enough to contribute substantially to net interest income in 2027. But I believe it is necessary to take a closer look at the assumptions before one can establish that consensus is unrealistic. Axactor has communicated an investment target of EUR 200–400 million annually from 2027, while analyst consensus stands at EUR 289 million. This does not mean that the revenue estimates are automatically reached, but it shows the investment level that analysts actually expect. At the same time, the company has completed a comprehensive restructuring, reduced debt leverage, and achieved better financing terms. Borrowing interest costs fell by 17 % in Q3 compared to the previous year. This is relevant for pre-tax profit in 2027. I also believe that one must look at how new investments through the cooperation with Fortress affect both revenues, financing, and profit distribution, as well as the development in the 3PC business. I agree that EUR 72 million pre-tax is an ambitious estimate. But to conclude that it is unrealistic, we must have a complete earnings model that includes both portfolio revenues, costs, financing, and investment timing. I certainly do not rule out that consensus could be revised down. But I think it is too early to establish that it will necessarily happen. There is a difference between pointing out a risk and documenting that a specific earnings level cannot be achieved.
- 2.11.Julkaisu on poistettu.Why on earth one must buy ACR with such poor volume, ergo difficult to execute a swing trade. Long position is also tragic with a lower price. Technically it does not look good either. If the stock falls below 4kr there will be more selling pressure and again low volume will make it harder to get out without moving the price. So the big question: is the debt collection business a place to be? Regulated by petty bureaucrats and hated by many people?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| 1 | ||
| 166 | ||
| 1 262 | ||
| 918 | ||
| 2 145 |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 18.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 13.8. | ||
2026 Q1 - tulosraportti 29.5. | ||
2025 Q4 - tulosraportti 12.2. | ||
2025 Q3 - tulosraportti 29.10.2025 |
Tuotteita joiden kohde-etuutena tämä arvopaperi
Välittäjätilasto
Dataa ei löytynyt
2026 Q3 - tulosraportti
8 päivää sitten
‧25 min
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q4 - tulosraportti 18.2.2027 |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q3 - tulosraportti 29.10. | ||
2026 Q2 - tulosraportti 13.8. | ||
2026 Q1 - tulosraportti 29.5. | ||
2025 Q4 - tulosraportti 12.2. | ||
2025 Q3 - tulosraportti 29.10.2025 |
Tuotteita joiden kohde-etuutena tämä arvopaperi
Foorumi
Liity keskusteluun Nordnet Socialissa
- ·2 t sittenWe have at least taken a good position here and plan to sit tight for quite a while until the case materializes and dividends arrive. So long. Long
- ·9 t sittenI haven't seen an analysis that problematizes the fact that 4 out of 6 markets did not reach active forecast in 3Q, the first quarter after the write-down. Marginally yes, but still a relatively clear red flag!Interest expenses are still on their way down as they have a bond that is to be redeemed. What they may have lost before refinancing is of course not interesting for future earnings now.
- ·3 päivää sitten · MuokattuCould it be Axactor swallowing this as well? They already have a good relationship with Sabadell from earlier this year. September 2026: Sabadell sells another 350 million euros. Interesting article dated September 8, 2026. It describes that Banco Sabadell has put a new portfolio of non-performing loans up for sale. https://ventaempresas.es/recursos/noticias/sabadell-vende-350-millones-en-prstamos-impagados-banca-1788847268055 The article mentions that Banco Sabadell has engaged EY to sell a portfolio of non-performing loans of 350 million euros. Another mention here: https://tauruscorporate.es/sabadell-vende-350-millones-en-prestamos-impagados/?utm_source=chatgpt.comThey have well said between 200-400meur in 2027, so they do have the capacity.
- ·2.11.In 3Q consensus analysts estimated that Axactor would earn EUR 10 million before taxes. It turned out to be EUR 5 million. A completely inexplicable gap when having the interest income in advance! Unfortunately, consensus remains far too high going forward as well, and disappointments over weak results relative to expectations will continue to weigh on the company. Let us take 2027 as an example. Here, consensus is at 72 million in profit before tax. That is far, far too high! Take net revenues of EUR 269 million for 2027. The collection curve estimates interest income at 139 million. Assume that 3PC revenue becomes 70 million. Then interest income is estimated at 299 million. That is 60 million more than Axactor's own estimate for interest income for the current portfolio in 2027. That must come from new investments. Assuming 25% in interest income (compared to ~21% for the current portfolio), this corresponds to an average new portfolio of EUR 240 million. Axactor will invest from 25 to 75 million in 4Q. This means they must invest from 400 to 455 million in 2027 to reach 240 million in average new investment for 2027 and 60 million in interest income, and one can safely estimate that this will not happen. Alternatively, one can believe that the average IRR on new investments is approx. 35% - and that is not likely either. There is no doubt that expectations will continue downwards for Axactor - and that is not favorable for the share price development!You make a good point regarding Q3 and the risk that consensus is too high. However, I think you are too categorical when you conclude that the expectations for 2027 must without a doubt come down significantly. Your calculation is interesting, and I see the point that new investments must come early enough to contribute substantially to net interest income in 2027. But I believe it is necessary to take a closer look at the assumptions before one can establish that consensus is unrealistic. Axactor has communicated an investment target of EUR 200–400 million annually from 2027, while analyst consensus stands at EUR 289 million. This does not mean that the revenue estimates are automatically reached, but it shows the investment level that analysts actually expect. At the same time, the company has completed a comprehensive restructuring, reduced debt leverage, and achieved better financing terms. Borrowing interest costs fell by 17 % in Q3 compared to the previous year. This is relevant for pre-tax profit in 2027. I also believe that one must look at how new investments through the cooperation with Fortress affect both revenues, financing, and profit distribution, as well as the development in the 3PC business. I agree that EUR 72 million pre-tax is an ambitious estimate. But to conclude that it is unrealistic, we must have a complete earnings model that includes both portfolio revenues, costs, financing, and investment timing. I certainly do not rule out that consensus could be revised down. But I think it is too early to establish that it will necessarily happen. There is a difference between pointing out a risk and documenting that a specific earnings level cannot be achieved.
- 2.11.Julkaisu on poistettu.Why on earth one must buy ACR with such poor volume, ergo difficult to execute a swing trade. Long position is also tragic with a lower price. Technically it does not look good either. If the stock falls below 4kr there will be more selling pressure and again low volume will make it harder to get out without moving the price. So the big question: is the debt collection business a place to be? Regulated by petty bureaucrats and hated by many people?
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Määrä
Osto
-
Myynti
Määrä
-
Viimeisimmät kaupat
| Aika | Hinta | Määrä |
|---|---|---|
| 1 | ||
| 166 | ||
| 1 262 | ||
| 918 | ||
| 2 145 |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Rahastoja ja ETF:iä jotka omistavat osaketta
Mikään rahasto ei ilmoita osaketta kymmenen suurimman omistuksensa joukossa.
Asiakkaat katsoivat myös
Välittäjätilasto
Dataa ei löytynyt