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European credit-management company that buys and collects on non-performing loan portfolios and provides debt-collection services.
European credit-management company that buys and collects on non-performing loan portfolios and provides debt-collection services.
Earns in two ways: collecting on portfolios of bad loans bought at a discount, where profit is what it recovers above the purchase price, and fees for collecting on behalf of banks and others. Heavy debt led to a court-supervised restructuring of its borrowings in 2024.
In one line: A European debt-collection/NPL manager like a larger Encore Capital Group.
Moat: none (scale, data). One of Europe's largest debt-collection platforms, but the business is capital-intensive, leveraged, and has faced financial distress.
Headquarters: Stockholm, Sweden · Founded: 1923 · Employees: 8,771
Size Intrum (INTRUM.ST) is a Sweden Industrials company (Miscellaneous Commercial Services) with a market value of $645M, the 161st largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 1.99 on 6 Nov 2026.
Performance Over six months the shares fell 52.8%, against -13.7% for the median peer and +8.2% for the Sweden market (cap-weighted) — 2nd lowest of 21 in its peer set.
Growth Revenue fell 3.7% over the last twelve months (peer median +7.2%); the operating margin is 27.9% (peer median 7.0%).
Valuation It trades at 2.6× enterprise value to sales against a peer median of 3.4× (9th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -9% a year for seven years (Req g). Recent delivered growth is 0%, so the hurdle is -9 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.3 points above its cost of capital (5.0% WACC).
Credit Intrum has 2 bonds outstanding ($762M), rated B+ by the agencies and trading like B at a weighted spread of 733 bp.
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 16.7B | SEK 17.0B | SEK 18.0B | SEK 17.4B | SEK 19.2B |
| Revenue growth | — | -5% | +3% | -9% | — |
| Gross profit | SEK 12.9B | SEK 14.5B | SEK 15.8B | SEK 13.0B | SEK 14.3B |
| EBITDA | SEK 5.45B | SEK 5.27B | SEK 3.76B | SEK 3.70B | SEK 7.30B |
| Net income | -SEK 3.93B | -SEK 1.43B | -SEK 2.11B | -SEK 187M | -SEK 4.47B |
| Free cash flow | SEK 3.16B | SEK 4.54B | SEK 4.79B | SEK 2.26B | SEK 1.65B |
| Capital expenditure | SEK 448M | SEK 428M | SEK 585M | SEK 353M | SEK 362M |
| Total debt | SEK 38.4B | SEK 44.0B | SEK 51.4B | SEK 60.5B | SEK 57.2B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Intrum INTRUM.ST | $645M | -53% | -4% | 28% | 2.6× | -8.9% |
| Hoist Finance HOFI.ST | $1.79B | +29% | +16% | 30% | 4.3× | n/a |
| Encore Capital ECPG | $2.42B | +36% | +29% | 38% | n/a | n/a |
| PRA PRAA | $486M | -33% | +12% | 37% | n/a | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | INTRUM.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -23.7% | -7.8% | 4th lowest of 21 |
| 6-month return | -52.8% | -13.7% | 2nd lowest of 21 |
| Distance from 52-week high | -81.1% | -41.9% | lowest of 21 |
| Revenue growth (TTM) | -3.7% | +7.2% | 6th lowest of 21 |
| Operating margin | 27.9% | 7.0% | 5th highest of 21 |
| EV / Sales | 2.6× | 3.4× | 9th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -8.9% | 9.8% | least demanding of 15 |
| Growth delivered (Del g) | +0.2% | +5.7% | 4th lowest of 15 |
| Hurdle (Req g minus delivered) | -9.1 pp | +2.3 pp | 3rd least demanding of 15 |
| ROIC minus cost of capital | +1.3 pp | -2.9 pp | 6th highest of 20 |
| EV / EBITDA | 8.0× | 8.4× | 6th cheapest of 11 |
| Net debt / EBITDA | 6.5× | 1.2× | 3rd most indebted of 10 |
| Bond spread | 733 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Intrum INTRUM.ST | Sweden | $645M | -53% | -4% | 28% | 2.6× | -8.9% | +0.2% |
| ChemPartner PharmaTech 300149.SZ | China | $645M | -14% | +18% | 2% | 3.5× | 25.6% | -5.2% |
| BELLSYSTEM24 6183.T | Japan | $637M | -10% | +1% | 8% | 1.0× | -5.7% | +1.4% |
| Framery FRAMERY.HE | Finland | $632M | 0% | +37% | 20% | 2.8× | 5.9% | +13.4% |
| Matrix Design 301365.SZ | China | $660M | -31% | +9% | 4% | 4.5× | 29.3% | +3.6% |
| IBEX IBEX | United States | $661M | +53% | +15% | 9% | 1.1× | 0.3% | +7.7% |
| Guangzhou Doppler Electronic Technologies 301528.SZ | China | $663M | -5% | +35% | 22% | 12.7× | 42.2% | +11.8% |
| Hangzhou MDK Opto Electronic 688079.SS | China | $666M | -28% | +30% | -26% | 8.4× | n/a | n/a |
| LEPU ScienTech Medical Technology (Shanghai) 2291.HK | Hong Kong | $624M | +25% | -4% | 42% | 6.0× | -8.4% | +28.0% |
| Medlive Technology 2192.HK | Hong Kong | $621M | -25% | +6% | 29% | 2.6× | -0.3% | +23.8% |
| Pourin Special Welding Technology 301468.SZ | China | $621M | -40% | -4% | 5% | 7.2× | n/a | n/a |
| Strike 6196.T | Japan | $618M | +29% | +33% | 38% | 2.6× | n/a | n/a |
| Yokorei 2874.T | Japan | $617M | 0% | +1% | 5% | 1.6× | n/a | n/a |
| China Design 603018.SS | China | $616M | -20% | -8% | 7% | 0.8× | -8.0% | -5.1% |
| RWS RWS.L | United Kingdom | $677M | +46% | -1% | 4% | 0.8× | 11.5% | +14.2% |
| NCS Testing Technology 300797.SZ | China | $678M | -26% | +15% | 7% | 3.4× | 22.3% | +15.0% |
| FS Development Investment 300071.SZ | China | $612M | -13% | -41% | -18% | 6.7× | 34.6% | +1.0% |
| China Education 0839.HK | Hong Kong | $680M | -4% | +9% | 32% | 1.7× | n/a | n/a |
| M-Grass Ecology And Environment (Group) 300355.SZ | China | $611M | -30% | -23% | -13% | 5.1× | 11.6% | +0.5% |
| Grand Sunergy Tech 603778.SS | China | $686M | -73% | -54% | -98% | 7.8× | n/a | n/a |
| Suzhou Electrical Apparatus Science Academy 300215.SZ | China | $605M | -36% | +8% | 9% | 6.4× | 8.1% | -4.9% |
Intrum has 2 bonds outstanding with $762M face value. The agencies rate it B+; its bonds trade like B. Weighted yield 10.35%, a spread of 733 bp over government bonds.