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Solid Insurance Fair Value

BO
Bonywall
Community Contributor

Published

April 16 2024

Updated

June 25 2024

Narratives are currently in beta

- Solid Försäkringsaktiebolag is a leading niche insurance company in the Nordic region, specializing in non-life insurance products.

- The company operates in various segments, including Product, Personal Safety, and Roadside Assistance.

- Retail investors hold a significant portion of the company's shares, with a collective 36% ownership, indicating a strong influence on the company's management and strategy.

- Institutional ownership stands at 24%, with the largest shareholder being SIBA Invest AB, holding 30% of the shares outstanding.

- The top 5 shareholders control approximately 51% of the company, suggesting significant influence over business decisions.

Solid Försäkringsaktiebolag, a prominent player in the Nordic non-life insurance market, has demonstrated a robust financial performance as evidenced by their year-end report for 2023.
The company's strategic focus on niche insurance products, including personal safety and roadside assistance, has positioned it well within the industry.

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Fair Value
SEK 88.6
9.3% undervalued intrinsic discount
Bonywall's Fair Value
Future estimation in
PastFuture01b2018202120242027203020332034Revenue SEK 1.2bEarnings SEK 166.0m
% p.a.
Decrease
Increase
Current revenue growth rate
0.00%
Insurance revenue growth rate
0.23%