Tryg（0R78）株式概要トライグA/Sは子会社とともに、デンマーク、米国、北欧諸国、ルクセンブルグ、英国、および国際的に、個人、中小企業、法人顧客向けの保険商品およびサービスの提供に従事している。 詳細0R78 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長1/6過去の実績2/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より28.3%で取引されている 収益は年間10.11%増加すると予測されています リスク分析5.55%の配当は利益で十分にカバーされていない すべてのリスクチェックを見る0R78 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW496,966 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG496,966 investors already sharing narrativesYour Fair ValueDKK Current PriceDKK 152.406.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture053b2016201920222025202620282031Revenue DKK 53.2bEarnings DKK 5.5bAdvancedSet Fair ValueView all narrativesTryg A/S 競合他社Admiral GroupSymbol: LSE:ADMMarket cap: UK£11.0bBeazleySymbol: LSE:BEZMarket cap: UK£7.6bHiscoxSymbol: LSE:HSXMarket cap: UK£6.0bLancashire HoldingsSymbol: LSE:LREMarket cap: UK£1.6b価格と性能株価の高値、安値、推移の概要Tryg過去の株価現在の株価DKK 155.0052週高値DKK 170.5052週安値DKK 146.50ベータ0.0961ヶ月の変化2.75%3ヶ月変化-1.84%1年変化-1.96%3年間の変化17.03%5年間の変化1.75%IPOからの変化94.63%最新ニュースReported Earnings • Jul 12Second quarter 2026 earnings released: EPS: kr.1.42 (vs kr.2.50 in 2Q 2025)Second quarter 2026 results: EPS: kr.1.42 (down from kr.2.50 in 2Q 2025). Revenue: kr.11.2b (up 5.3% from 2Q 2025). Net income: kr.849.0m (down 44% from 2Q 2025). Profit margin: 7.6% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 10+ 3 more updatesTryg Announces to Pay Ordinary Dividend for the Second Quarter of 2026, Payable on 15 July 2026Tryg announced it will pay an ordinary dividend per share of DKK 2.15 on 15 July 2026 for the second quarter of 2026. Tryg shares are traded ex-dividend is 13 July 2026.お知らせ • Apr 16Tryg A/S Announces Ordinary Dividend for the First Quarter of 2026Tryg A/S announced ordinary dividend of DKK 2.15 (DKK 2.05) per share for the first quarter of 2026, an increase of around 5% from the previous year.Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: kr.1.56 (vs kr.1.81 in 1Q 2025)First quarter 2026 results: EPS: kr.1.56 (down from kr.1.81 in 1Q 2025). Revenue: kr.10.6b (up 2.2% from 1Q 2025). Net income: kr.934.0m (down 15% from 1Q 2025). Profit margin: 8.8% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • Apr 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Minor Risk Significant insider selling over the past 3 months (kr.5.2m sold).Recent Insider Transactions • Mar 18CFO & Member of Executive Board recently bought kr.791k worth of stockOn the 16th of March, Allan Thaysen bought around 5k shares on-market at roughly kr.154 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Allan's only on-market trade for the last 12 months.最新情報をもっと見るRecent updatesReported Earnings • Jul 12Second quarter 2026 earnings released: EPS: kr.1.42 (vs kr.2.50 in 2Q 2025)Second quarter 2026 results: EPS: kr.1.42 (down from kr.2.50 in 2Q 2025). Revenue: kr.11.2b (up 5.3% from 2Q 2025). Net income: kr.849.0m (down 44% from 2Q 2025). Profit margin: 7.6% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 10+ 3 more updatesTryg Announces to Pay Ordinary Dividend for the Second Quarter of 2026, Payable on 15 July 2026Tryg announced it will pay an ordinary dividend per share of DKK 2.15 on 15 July 2026 for the second quarter of 2026. Tryg shares are traded ex-dividend is 13 July 2026.お知らせ • Apr 16Tryg A/S Announces Ordinary Dividend for the First Quarter of 2026Tryg A/S announced ordinary dividend of DKK 2.15 (DKK 2.05) per share for the first quarter of 2026, an increase of around 5% from the previous year.Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: kr.1.56 (vs kr.1.81 in 1Q 2025)First quarter 2026 results: EPS: kr.1.56 (down from kr.1.81 in 1Q 2025). Revenue: kr.10.6b (up 2.2% from 1Q 2025). Net income: kr.934.0m (down 15% from 1Q 2025). Profit margin: 8.8% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • Apr 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Minor Risk Significant insider selling over the past 3 months (kr.5.2m sold).Recent Insider Transactions • Mar 18CFO & Member of Executive Board recently bought kr.791k worth of stockOn the 16th of March, Allan Thaysen bought around 5k shares on-market at roughly kr.154 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Allan's only on-market trade for the last 12 months.Recent Insider Transactions • Jan 28Group CEO & Member of Executive Board recently sold kr.2.7m worth of stockOn the 26th of January, Johan Brammer sold around 17k shares on-market at roughly kr.153 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johan has been a net seller over the last 12 months, reducing personal holdings by kr.12m.Reported Earnings • Jan 23Full year 2025 earnings released: EPS: kr.8.83 (vs kr.7.71 in FY 2024)Full year 2025 results: EPS: kr.8.83 (up from kr.7.71 in FY 2024). Revenue: kr.43.0b (up 2.4% from FY 2024). Net income: kr.5.34b (up 13% from FY 2024). Profit margin: 12% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Dec 05Tryg A/S Announces Jukka Pertola Not Stand for Re-Election as Chair of the Supervisory BoardTryg A/S announced that after nine years on Tryg A/S’ Supervisory Board, the Chair, Jukka Pertola, has announced that he is not seeking reelection at the Annual General Meeting of Tryg A/S in March 2026. Jukka Pertola was elected to the Supervisory Board in 2017 and has since made a profound impact on the Group. In the same period, the Group has doubled its size measured on top and bottom line with multiple successful acquisitions contributing to ensure the Group’s unique position in Scandinavia. The Supervisory Board of Tryg also carried through a successful CEO transition in 2023.Reported Earnings • Oct 10Third quarter 2025 earnings released: EPS: kr.2.43 (vs kr.2.59 in 3Q 2024)Third quarter 2025 results: EPS: kr.2.43 (down from kr.2.59 in 3Q 2024). Revenue: kr.10.8b (flat on 3Q 2024). Net income: kr.1.46b (down 8.2% from 3Q 2024). Profit margin: 14% (down from 15% in 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 10Tryg A/S Announces Ordinary Dividend for the Third Quarter of 2025Tryg A/S announced ordinary dividend of DKK 2.05 per share for the third quarter of 2025.Reported Earnings • Jul 12Second quarter 2025 earnings released: EPS: kr.2.50 (vs kr.2.64 in 2Q 2024)Second quarter 2025 results: EPS: kr.2.50 (down from kr.2.64 in 2Q 2024). Revenue: kr.10.8b (flat on 2Q 2024). Net income: kr.1.51b (down 6.7% from 2Q 2024). Profit margin: 14% (down from 15% in 2Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 12Tryg A/S, Annual General Meeting, Mar 26, 2026Tryg A/S, Annual General Meeting, Mar 26, 2026.お知らせ • Jul 11+ 3 more updatesTryg A/S to Report Q1, 2026 Results on Apr 15, 2026Tryg A/S announced that they will report Q1, 2026 results on Apr 15, 2026New Risk • Apr 20New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr.10m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (95% payout ratio). Significant insider selling over the past 3 months (kr.10m sold).Recent Insider Transactions • Apr 20Group CEO & Member of Executive Board recently sold kr.9.7m worth of stockOn the 14th of April, Johan Brammer sold around 65k shares on-market at roughly kr.150 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johan has been a net seller over the last 12 months, reducing personal holdings by kr.4.1m.Declared Dividend • Apr 13First quarter dividend increased to kr.2.05Dividend of kr.2.05 is 5.1% higher than last year. Ex-date: 14th April 2025 Payment date: 16th April 2025 Dividend yield will be 5.2%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.0% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Apr 12First quarter 2025 earnings released: EPS: kr.1.81 (vs kr.1.23 in 1Q 2024)First quarter 2025 results: EPS: kr.1.81 (up from kr.1.23 in 1Q 2024). Revenue: kr.10.4b (down 1.4% from 1Q 2024). Net income: kr.1.10b (up 45% from 1Q 2024). Profit margin: 11% (up from 7.2% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Apr 11Tryg A/S Announces Dividend for the First Quarter of 2025, Payable on 16 April 2025Tryg A/S announced that it is paying a dividend for the first quarter of DKK 2.05 per share on 16 April 2025.お知らせ • Mar 26Tryg A/S Announces Appointment of Torben Jensen and Jonas Bjørn Jensen to the Supervisory BoardTryg A/S announced that at its AGM held on March 26, 2025, approved Expanding the number of members of the Supervisory Board namely: Torben Jensen and Jonas Bjørn Jensen.Recent Insider Transactions • Jan 31Group CEO & Member of Executive Board recently bought kr.5.7m worth of stockOn the 27th of January, Johan Brammer bought around 39k shares on-market at roughly kr.146 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Johan's only on-market trade for the last 12 months.Reported Earnings • Jan 24Full year 2024 earnings released: EPS: kr.7.71 (vs kr.6.08 in FY 2023)Full year 2024 results: EPS: kr.7.71 (up from kr.6.08 in FY 2023). Revenue: kr.41.1b (up 2.4% from FY 2023). Net income: kr.4.74b (up 25% from FY 2023). Profit margin: 12% (up from 9.5% in FY 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jan 24Tryg A/S Announces Quarterly Dividend PaymentTryg A/S announced quarterly dividend per share of DKK 1.95 in line with previous quarters in 2024.Recent Insider Transactions • Oct 20CFO & Member of Executive Board recently sold kr.775k worth of stockOn the 17th of October, Allan Thaysen sold around 5k shares on-market at roughly kr.163 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Allan's only on-market trade for the last 12 months.お知らせ • Oct 14Tryg A/S to Report Nine Months, 2025 Results on Oct 10, 2025Tryg A/S announced that they will report nine months, 2025 results on Oct 10, 2025お知らせ • Oct 13+ 2 more updatesTryg A/S to Report Q2, 2025 Results on Jul 11, 2025Tryg A/S announced that they will report Q2, 2025 results on Jul 11, 2025お知らせ • Oct 12Tryg A/S, Annual General Meeting, Mar 26, 2025Tryg A/S, Annual General Meeting, Mar 26, 2025.Reported Earnings • Oct 11Third quarter 2024 earnings released: EPS: kr.2.58 (vs kr.1.41 in 3Q 2023)Third quarter 2024 results: EPS: kr.2.58 (up from kr.1.41 in 3Q 2023). Revenue: kr.10.9b (up 6.7% from 3Q 2023). Net income: kr.1.65b (up 88% from 3Q 2023). Profit margin: 15% (up from 8.6% in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: kr.2.62 (vs kr.1.48 in 2Q 2023)Second quarter 2024 results: EPS: kr.2.62 (up from kr.1.48 in 2Q 2023). Revenue: kr.10.8b (up 9.6% from 2Q 2023). Net income: kr.1.66b (up 80% from 2Q 2023). Profit margin: 15% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Apr 17First quarter 2024 earnings released: EPS: kr.1.23 (vs kr.1.40 in 1Q 2023)First quarter 2024 results: EPS: kr.1.23 (down from kr.1.40 in 1Q 2023). Revenue: kr.10.2b (up 1.9% from 1Q 2023). Net income: kr.776.0m (down 12% from 1Q 2023). Profit margin: 7.6% (down from 8.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Apr 17Tryg A/S Announces Quarterly DividendTryg A/S announced quarterly dividend of DKK 1.95 (DKK 1.85) per share an increase of more than 5%.Recent Insider Transactions • Jan 27Group COO & Member of Executive Board recently bought kr.2.4m worth of stockOn the 23rd of January, Lars Bonde bought around 17k shares on-market at roughly kr.144 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.Reported Earnings • Jan 26Full year 2023 earnings released: EPS: kr.6.08 (vs kr.3.47 in FY 2022)Full year 2023 results: EPS: kr.6.08 (up from kr.3.47 in FY 2022). Revenue: kr.40.4b (up 26% from FY 2022). Net income: kr.3.85b (up 71% from FY 2022). Profit margin: 9.5% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 28% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Buying Opportunity • Dec 19Now 21% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be kr.187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.お知らせ • Nov 03+ 1 more updateTryg A/S Announces Executive ChangesBarbara Plucnar Jensen, Chief Financial Officer (CFO), will leave Tryg A/S by mutual agreement. Effective November 2, 2023, Allan Kragh Thaysen (46), Tryg's SVP of Group Finance for the past five years, has been appointed as the new CFO. Barbara Plucnar Jensen has been part of Tryg's executive management since 2019. Her unique skills within corporate finance have been instrumental during the acquisition and financing of RSA's Scandinavian activities and the share issue that followed. The Executive Board of Tryg A/S now consists of Chief Executive Officer Johan Kirstein Brammer, Chief Financial Officer Allan Kragh Thaysen, Chief Operational Officer Lars Bonde, Chief Commercial Officer Alexandra Bastkær Winther, and Chief Technical Officer Mikael Kärrsten. Allan Kragh Thaysen has an HD in Accounting and an MSc in Business Economics and Auditing from Copenhagen Business School. He will bring to his role as CFO many years of experience in the financial sector and within non-life insurance. Allan started his career as an accountant at Deloitte from 1998-2005, after which he joined the Norwegian company Gjensidige, where he became CFO for the Danish and Swedish portion of the business from 2010 to 2018 before coming to Tryg. For the past 5 years he has delivered strong results in his position as SVP of Group Finance and played an integral part in the acquisition of RSA's Scandinavian businesses, Trygg-Hansa and Codan Norway.お知らせ • Oct 24Tryg A/S (CPSE:TRYG) commences an Equity Buyback Plan under the authorization approved on March 30, 2023.Tryg A/S (CPSE:TRYG) commences share repurchases on October 16, 2023, under the program mandated by the shareholders in the Annual General Meeting held on March 30, 2023. As per the mandate, the company is authorized to repurchase not more than 10% of its issued share capital at any given point in time. The price to be paid for each share shall not deviate by more than 10% from the registered price of the shares at Nasdaq Copenhagen. The authorization is valid till December 31, 2024. As at March 2, 2023, the company had 654,653,980 issued shares. On October 13, 2023, the company announces a share repurchase program. Under the program, the company will repurchase up to 15,000,000 shares, for DKK 1,000 million. The shares will be purchased at a price not higher than the amount of the last independent transaction or highest independent bid on the shares on Nasdaq Copenhagen A/S. The purpose of the program is to return excess capital to the shareholders. The repurchased shares will be cancelled. The repurchases will commence from October 16, 2023, and the program will be valid till January 31, 2024. As of October 17, 2023, the company had 12,526,551 treasury shares.Reported Earnings • Oct 14Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr.10.3b (up 16% from 3Q 2022). Net income: kr.914.0m (up 46% from 3Q 2022). Profit margin: 8.9% (up from 7.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 34% growth forecast for the Insurance industry in the United Kingdom.お知らせ • Oct 13+ 3 more updatesTryg A/S, Annual General Meeting, Mar 21, 2024Tryg A/S, Annual General Meeting, Mar 21, 2024.お知らせ • Sep 28Tryg Announces Executive ChangesTryg A/S announced that drawing on inspiration from Trygg-Hansa’s successful operating model towards Commercial customers, Tryg will merge its Commercial and Corporate Lines in Denmark and Norway from 1 October 2023. The Corporate segments in both countries have undergone successful transformations over the past few years, where the portfolio of large customers has been adjusted to ensure a more healthy and profitable business. After this successful downscaling, the merger is a natural next step in becoming a more efficient and customer centric business, where corporate customers will experience a simpler entry to Tryg. To lead these newly formed Commercial units, two internal candidates have been appointed. Hence, SVP Hans Arnum, has been appointed Head of Commercial Lines Denmark, while SVP Michael Kolbæk has been appointed Head of Commercial Lines Norway. From a reporting perspective Commercial and Corporate Lines will remain separate entities. With synergies from the RSA integration being delivered slightly ahead of schedule, it is a natural next step to align the organisational design of the Group’s Swedish business, Trygg-Hansa, with the organisational structure of the Tryg Group. A decentralised organisational design encouraging decision-making to occur in close proximity to customers and local market dynamics. This structural harmonisation has been planned since the acquisition, and with the integration well on track, accelerating the change will support Trygg-Hansa’s readiness for the coming strategy period. This means that by 1 January 2024 VD Mats Dahlquist will leave Trygg-Hansa and hand over to the continuing management team, who will report to Tryg Group’s Executive Board.Recent Insider Transactions • Jul 13Independent Supervisory Board Member recently bought kr.998k worth of stockOn the 11th of July, Thomas Hofman-Bang bought around 7k shares on-market at roughly kr.135 per share. This transaction increased Thomas' direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr.1.4m more in shares than they have sold in the last 12 months.お知らせ • Jul 12Tryg A/S Announces Dividend for the Second Quarter of 2023 Payable on 14 July 2023Tryg A/S announced dividend of DKK 1.85 per share for the second quarter of 2023to be paid on 14 July 2023.Reported Earnings • Jul 12Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr.9.96b (up 20% from 2Q 2022). Net income: kr.922.0m (up 114% from 2Q 2022). Profit margin: 9.3% (up from 5.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 39% growth forecast for the Insurance industry in the United Kingdom.Recent Insider Transactions • Apr 23Independent Supervisory Board Member recently bought kr.154k worth of stockOn the 20th of April, Mengmeng Du bought around 1k shares on-market at roughly kr.154 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Apr 20First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.10.6b (up 79% from 1Q 2022). Net income: kr.885.0m (up kr.776.0m from 1Q 2022). Profit margin: 8.3% (up from 1.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 42% growth forecast for the Insurance industry in the United Kingdom.お知らせ • Jan 31+ 1 more updateTryg A/S and Tryg Forsikring A/S Announces Management ChangesGroup Chief Executive Officer (CEO) Morten Hübbe has informed the Supervisory Boards of Tryg A/S and Tryg Forsikring A/S that he wishes to step down after 20 years on Tryg's Executive Board. Expansion of the Executive Board in Tryg A/S and Tryg Forsikring A/S With a view to ensure the right mix of competences in the Executive Board going forward, the Company has also announced the appointment of two new members by 1 March 2023. Mikael Kärrsten has been appointed Chief Technical Officer and Alexandra Bastkær Winther has been appointed Chief Commercial Officer, both internal promotions. Mikael Kärrsten (47) has more than 20 years of experience from the insurance industry and comes from a position as Head of Group PPU (Price, Product, Portfolio Management and Underwriting) in Tryg. He has previously held several senior leadership positions with Codan and Trygg-Hansa, including Head of Underwriting. Mikael has been one of the main architects behind Trygg-Hansa's incredibly well-run and profitable business - and he knows the Swedish insurance market better than most. A market which now accounts for up to 45% of the Group's technical result. In addition, Mikael possesses a deep technical understanding of insurance, which is based on a data and insight driven approach. Alexandra Bastkær Winther (37) comes from a position as CEO of Alka Insurance (stand-alone entity within the Tryg group). She has been with Tryg since 2020 where she, prior to her appointment to Alka, as head of Group Strategy and M&A played a key role in the historical acquisition of RSA's Scandinavian activities (Trygg-Hansa and Codan Norway). As Chief Commercial Officer, Alexandra will take over Johan Kirstein Brammer's current areas of responsibilities, which covers enhancement of commercial value creation across the Group, the integration and realisation of synergies from acquisitions as well as the corporate strategy function. According to Morten Hübbe, the appointment of the two new executives will add valuable skills to the highly successful Executive Board that represents years of value creation and continuity.お知らせ • Jan 27Tryg A/S to Report Fiscal Year 2022 Final Results on Feb 03, 2023Tryg A/S announced that they will report fiscal year 2022 final results at 9:00 AM, Central European Standard Time on Feb 03, 2023Reported Earnings • Jan 26Full year 2022 earnings released: EPS: kr.3.47 (vs kr.5.52 in FY 2021)Full year 2022 results: EPS: kr.3.47 (down from kr.5.52 in FY 2021). Revenue: kr.33.5b (up 32% from FY 2021). Net income: kr.2.25b (down 29% from FY 2021). Profit margin: 6.7% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Buying Opportunity • Oct 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.5%. The fair value is estimated to be kr.191, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.Reported Earnings • Oct 13Third quarter 2022 earnings released: EPS: kr.0.97 (vs kr.1.58 in 3Q 2021)Third quarter 2022 results: EPS: kr.0.97 (down from kr.1.58 in 3Q 2021). Revenue: kr.9.60b (up 27% from 3Q 2021). Net income: kr.627.0m (down 40% from 3Q 2021). Profit margin: 6.5% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Oct 13+ 2 more updatesTryg A/S to Report Q2, 2023 Results on Jul 11, 2023Tryg A/S announced that they will report Q2, 2023 results on Jul 11, 2023Reported Earnings • Jul 13Second quarter 2022 earnings released: EPS: kr.0.67 (vs kr.0.096 loss in 2Q 2021)Second quarter 2022 results: EPS: kr.0.67 (up from kr.0.096 loss in 2Q 2021). Revenue: kr.8.63b (up 64% from 2Q 2021). Net income: kr.430.0m (up kr.493.0m from 2Q 2021). Profit margin: 5.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 26%, compared to a 138% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: kr.0.17 (vs kr.2.50 in 1Q 2021)First quarter 2022 results: EPS: kr.0.17 (down from kr.2.50 in 1Q 2021). Revenue: kr.6.07b (down 1.0% from 1Q 2021). Net income: kr.109.0m (down 87% from 1Q 2021). Profit margin: 1.8% (down from 13% in 1Q 2021). Over the next year, revenue is forecast to grow 34%, compared to a 135% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.Buying Opportunity • Mar 06Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be kr.184, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 2.9% per annum over the last 3 years.Reported Earnings • Jan 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.5.51 (down from kr.9.19 in FY 2020). Revenue: kr.25.1b (up 11% from FY 2020). Net income: kr.3.16b (up 14% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 513% growth forecast for the insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 13Third quarter 2021 earnings released: EPS kr.1.59 (vs kr.3.07 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr.6.59b (up 13% from 3Q 2020). Net income: kr.1.04b (up 11% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Jul 10Second quarter 2021 earnings released: kr.0.096 loss per share (vs kr.4.13 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: kr.5.26b (down 12% from 2Q 2020). Net loss: kr.63.0m (down 105% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 21First quarter 2021 earnings released: EPS kr.2.50 (vs kr.1.47 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.6.16b (up 35% from 1Q 2020). Net income: kr.814.0m (up kr.1.26b from 1Q 2020). Profit margin: 13% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 04New 90-day low: kr.137The company is down 22% from its price of kr.175 on 04 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.174 per share.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 31% share price decline to kr.137, the stock is trading at a trailing P/E ratio of 19.4x, down from the previous P/E ratio of 28.2x. This compares to an average P/E of 15x in the Insurance industry in the United Kingdom. Total returns to shareholders over the past three years are 8.3%.Reported Earnings • Jan 27Full year 2020 earnings released: EPS kr.9.19 (vs kr.9.42 in FY 2019)The company reported a mediocre full year result with weaker earnings, although profit margins were flat and revenues improved. Full year 2020 results: Revenue: kr.22.7b (up 2.5% from FY 2019). Net income: kr.2.77b (down 2.5% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Jan 27Revenue misses expectationsRevenue missed analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 3.5%, compared to a 26% growth forecast for the Insurance industry in the United Kingdom.Is New 90 Day High Low • Jan 19New 90-day high: kr.199The company is up 1.0% from its price of kr.197 on 21 October 2020. The British market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.206 per share.Is New 90 Day High Low • Nov 24New 90-day low: kr.176The company is down 10.0% from its price of kr.195 on 26 August 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.170 per share.Is New 90 Day High Low • Oct 26New 90-day low: kr.184The company is down 4.0% from its price of kr.191 on 28 July 2020. The British market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.173 per share.Analyst Estimate Surprise Post Earnings • Oct 10Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 1.3% at kr.5.72b. Revenue is forecast to grow 4.3% over the next year, compared to a 5.6% growth forecast for the Insurance industry in the United Kingdom.Reported Earnings • Oct 10Third quarter earnings releasedOver the last 12 months the company has reported total profits of kr.2.44b, up 8.1% from the prior year. Total revenue was kr.22.1b over the last 12 months, up 5.8% from the prior year.Is New 90 Day High Low • Sep 29New 90-day high: kr.199The company is up 5.0% from its price of kr.190 on 01 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.162 per share.株主還元0R78GB InsuranceGB 市場7D1.0%-0.2%-1.3%1Y-2.0%17.0%15.7%株主還元を見る業界別リターン: 0R78過去 1 年間で17 % の収益を上げたUK Insurance業界を下回りました。リターン対市場: 0R78は、過去 1 年間で15.7 % のリターンを上げたUK市場を下回りました。価格変動Is 0R78's price volatile compared to industry and market?0R78 volatility0R78 Average Weekly Movement2.2%Insurance Industry Average Movement3.4%Market Average Movement5.3%10% most volatile stocks in GB Market10.5%10% least volatile stocks in GB Market2.8%安定した株価: 0R78 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0R78の 週次ボラティリティ ( 2% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト17316,829Johan Brammerwww.tryg.comトライグA/Sは子会社とともに、デンマーク、米国、北欧諸国、ルクセンブルグ、英国、および国際的に、個人、中小企業、法人顧客向けの保険商品・サービスの提供に従事している。民間部門と商業部門を通じて事業を展開している。Trygg-Hansa、Atlantica、Bilsport & MC、Moderna Djurförsäkringarのブランドで、自動車保険、内容物保険、住宅保険、傷害保険、旅行保険、オートバイ保険、ペット保険、健康保険などの保険商品、損害保険、賠償責任保険、労災保険、健康保険などを提供している。販売代理店、オンライン、コールセンター、フランチャイズ、バンカシュアランス、自動車ディーラー、不動産代理店、保険ブローカー、パートナーを通じて商品を販売している。同社は1731年に設立され、デンマークのBallerupに本社を置いている。もっと見るTryg A/S 基礎のまとめTryg の収益と売上を時価総額と比較するとどうか。0R78 基礎統計学時価総額DKK 92.36b収益（TTM）DKK 4.51b売上高(TTM)DKK 43.72b20.5xPER（株価収益率2.1xP/Sレシオ0R78 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0R78 損益計算書（TTM）収益DKK 43.72b売上原価DKK 30.55b売上総利益DKK 13.18bその他の費用DKK 8.67b収益DKK 4.51b直近の収益報告Jun 30, 2026次回決算日Oct 09, 2026一株当たり利益（EPS）7.56グロス・マージン30.13%純利益率10.31%有利子負債／自己資本比率19.4%0R78 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.5%現在の配当利回り112%配当性向0R78 配当は確実ですか？0R78 配当履歴とベンチマークを見る0R78 、いつまでに購入すれば配当金を受け取れますか？Tryg 配当日配当落ち日Jul 13 2026配当支払日Jul 15 2026配当落ちまでの日数2 days配当支払日までの日数0 days0R78 配当は確実ですか？0R78 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/14 23:14終値2026/07/14 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tryg A/S 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関null nullABG Sundal CollierClaudia GaspariBarclaysAlessia MagniBarclays22 その他のアナリストを表示
Reported Earnings • Jul 12Second quarter 2026 earnings released: EPS: kr.1.42 (vs kr.2.50 in 2Q 2025)Second quarter 2026 results: EPS: kr.1.42 (down from kr.2.50 in 2Q 2025). Revenue: kr.11.2b (up 5.3% from 2Q 2025). Net income: kr.849.0m (down 44% from 2Q 2025). Profit margin: 7.6% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 10+ 3 more updatesTryg Announces to Pay Ordinary Dividend for the Second Quarter of 2026, Payable on 15 July 2026Tryg announced it will pay an ordinary dividend per share of DKK 2.15 on 15 July 2026 for the second quarter of 2026. Tryg shares are traded ex-dividend is 13 July 2026.
お知らせ • Apr 16Tryg A/S Announces Ordinary Dividend for the First Quarter of 2026Tryg A/S announced ordinary dividend of DKK 2.15 (DKK 2.05) per share for the first quarter of 2026, an increase of around 5% from the previous year.
Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: kr.1.56 (vs kr.1.81 in 1Q 2025)First quarter 2026 results: EPS: kr.1.56 (down from kr.1.81 in 1Q 2025). Revenue: kr.10.6b (up 2.2% from 1Q 2025). Net income: kr.934.0m (down 15% from 1Q 2025). Profit margin: 8.8% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • Apr 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Minor Risk Significant insider selling over the past 3 months (kr.5.2m sold).
Recent Insider Transactions • Mar 18CFO & Member of Executive Board recently bought kr.791k worth of stockOn the 16th of March, Allan Thaysen bought around 5k shares on-market at roughly kr.154 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Allan's only on-market trade for the last 12 months.
Reported Earnings • Jul 12Second quarter 2026 earnings released: EPS: kr.1.42 (vs kr.2.50 in 2Q 2025)Second quarter 2026 results: EPS: kr.1.42 (down from kr.2.50 in 2Q 2025). Revenue: kr.11.2b (up 5.3% from 2Q 2025). Net income: kr.849.0m (down 44% from 2Q 2025). Profit margin: 7.6% (down from 14% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 10+ 3 more updatesTryg Announces to Pay Ordinary Dividend for the Second Quarter of 2026, Payable on 15 July 2026Tryg announced it will pay an ordinary dividend per share of DKK 2.15 on 15 July 2026 for the second quarter of 2026. Tryg shares are traded ex-dividend is 13 July 2026.
お知らせ • Apr 16Tryg A/S Announces Ordinary Dividend for the First Quarter of 2026Tryg A/S announced ordinary dividend of DKK 2.15 (DKK 2.05) per share for the first quarter of 2026, an increase of around 5% from the previous year.
Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: kr.1.56 (vs kr.1.81 in 1Q 2025)First quarter 2026 results: EPS: kr.1.56 (down from kr.1.81 in 1Q 2025). Revenue: kr.10.6b (up 2.2% from 1Q 2025). Net income: kr.934.0m (down 15% from 1Q 2025). Profit margin: 8.8% (down from 11% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • Apr 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Dividend yield: 5.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 104% Minor Risk Significant insider selling over the past 3 months (kr.5.2m sold).
Recent Insider Transactions • Mar 18CFO & Member of Executive Board recently bought kr.791k worth of stockOn the 16th of March, Allan Thaysen bought around 5k shares on-market at roughly kr.154 per share. This transaction amounted to 37% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Allan's only on-market trade for the last 12 months.
Recent Insider Transactions • Jan 28Group CEO & Member of Executive Board recently sold kr.2.7m worth of stockOn the 26th of January, Johan Brammer sold around 17k shares on-market at roughly kr.153 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johan has been a net seller over the last 12 months, reducing personal holdings by kr.12m.
Reported Earnings • Jan 23Full year 2025 earnings released: EPS: kr.8.83 (vs kr.7.71 in FY 2024)Full year 2025 results: EPS: kr.8.83 (up from kr.7.71 in FY 2024). Revenue: kr.43.0b (up 2.4% from FY 2024). Net income: kr.5.34b (up 13% from FY 2024). Profit margin: 12% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Dec 05Tryg A/S Announces Jukka Pertola Not Stand for Re-Election as Chair of the Supervisory BoardTryg A/S announced that after nine years on Tryg A/S’ Supervisory Board, the Chair, Jukka Pertola, has announced that he is not seeking reelection at the Annual General Meeting of Tryg A/S in March 2026. Jukka Pertola was elected to the Supervisory Board in 2017 and has since made a profound impact on the Group. In the same period, the Group has doubled its size measured on top and bottom line with multiple successful acquisitions contributing to ensure the Group’s unique position in Scandinavia. The Supervisory Board of Tryg also carried through a successful CEO transition in 2023.
Reported Earnings • Oct 10Third quarter 2025 earnings released: EPS: kr.2.43 (vs kr.2.59 in 3Q 2024)Third quarter 2025 results: EPS: kr.2.43 (down from kr.2.59 in 3Q 2024). Revenue: kr.10.8b (flat on 3Q 2024). Net income: kr.1.46b (down 8.2% from 3Q 2024). Profit margin: 14% (down from 15% in 3Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 10Tryg A/S Announces Ordinary Dividend for the Third Quarter of 2025Tryg A/S announced ordinary dividend of DKK 2.05 per share for the third quarter of 2025.
Reported Earnings • Jul 12Second quarter 2025 earnings released: EPS: kr.2.50 (vs kr.2.64 in 2Q 2024)Second quarter 2025 results: EPS: kr.2.50 (down from kr.2.64 in 2Q 2024). Revenue: kr.10.8b (flat on 2Q 2024). Net income: kr.1.51b (down 6.7% from 2Q 2024). Profit margin: 14% (down from 15% in 2Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 12Tryg A/S, Annual General Meeting, Mar 26, 2026Tryg A/S, Annual General Meeting, Mar 26, 2026.
お知らせ • Jul 11+ 3 more updatesTryg A/S to Report Q1, 2026 Results on Apr 15, 2026Tryg A/S announced that they will report Q1, 2026 results on Apr 15, 2026
New Risk • Apr 20New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: kr.10m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (95% payout ratio). Significant insider selling over the past 3 months (kr.10m sold).
Recent Insider Transactions • Apr 20Group CEO & Member of Executive Board recently sold kr.9.7m worth of stockOn the 14th of April, Johan Brammer sold around 65k shares on-market at roughly kr.150 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Johan has been a net seller over the last 12 months, reducing personal holdings by kr.4.1m.
Declared Dividend • Apr 13First quarter dividend increased to kr.2.05Dividend of kr.2.05 is 5.1% higher than last year. Ex-date: 14th April 2025 Payment date: 16th April 2025 Dividend yield will be 5.2%, which is higher than the industry average of 5.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (66% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.0% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Apr 12First quarter 2025 earnings released: EPS: kr.1.81 (vs kr.1.23 in 1Q 2024)First quarter 2025 results: EPS: kr.1.81 (up from kr.1.23 in 1Q 2024). Revenue: kr.10.4b (down 1.4% from 1Q 2024). Net income: kr.1.10b (up 45% from 1Q 2024). Profit margin: 11% (up from 7.2% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Apr 11Tryg A/S Announces Dividend for the First Quarter of 2025, Payable on 16 April 2025Tryg A/S announced that it is paying a dividend for the first quarter of DKK 2.05 per share on 16 April 2025.
お知らせ • Mar 26Tryg A/S Announces Appointment of Torben Jensen and Jonas Bjørn Jensen to the Supervisory BoardTryg A/S announced that at its AGM held on March 26, 2025, approved Expanding the number of members of the Supervisory Board namely: Torben Jensen and Jonas Bjørn Jensen.
Recent Insider Transactions • Jan 31Group CEO & Member of Executive Board recently bought kr.5.7m worth of stockOn the 27th of January, Johan Brammer bought around 39k shares on-market at roughly kr.146 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Johan's only on-market trade for the last 12 months.
Reported Earnings • Jan 24Full year 2024 earnings released: EPS: kr.7.71 (vs kr.6.08 in FY 2023)Full year 2024 results: EPS: kr.7.71 (up from kr.6.08 in FY 2023). Revenue: kr.41.1b (up 2.4% from FY 2023). Net income: kr.4.74b (up 25% from FY 2023). Profit margin: 12% (up from 9.5% in FY 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jan 24Tryg A/S Announces Quarterly Dividend PaymentTryg A/S announced quarterly dividend per share of DKK 1.95 in line with previous quarters in 2024.
Recent Insider Transactions • Oct 20CFO & Member of Executive Board recently sold kr.775k worth of stockOn the 17th of October, Allan Thaysen sold around 5k shares on-market at roughly kr.163 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Allan's only on-market trade for the last 12 months.
お知らせ • Oct 14Tryg A/S to Report Nine Months, 2025 Results on Oct 10, 2025Tryg A/S announced that they will report nine months, 2025 results on Oct 10, 2025
お知らせ • Oct 13+ 2 more updatesTryg A/S to Report Q2, 2025 Results on Jul 11, 2025Tryg A/S announced that they will report Q2, 2025 results on Jul 11, 2025
お知らせ • Oct 12Tryg A/S, Annual General Meeting, Mar 26, 2025Tryg A/S, Annual General Meeting, Mar 26, 2025.
Reported Earnings • Oct 11Third quarter 2024 earnings released: EPS: kr.2.58 (vs kr.1.41 in 3Q 2023)Third quarter 2024 results: EPS: kr.2.58 (up from kr.1.41 in 3Q 2023). Revenue: kr.10.9b (up 6.7% from 3Q 2023). Net income: kr.1.65b (up 88% from 3Q 2023). Profit margin: 15% (up from 8.6% in 3Q 2023). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 12Second quarter 2024 earnings released: EPS: kr.2.62 (vs kr.1.48 in 2Q 2023)Second quarter 2024 results: EPS: kr.2.62 (up from kr.1.48 in 2Q 2023). Revenue: kr.10.8b (up 9.6% from 2Q 2023). Net income: kr.1.66b (up 80% from 2Q 2023). Profit margin: 15% (up from 9.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Apr 17First quarter 2024 earnings released: EPS: kr.1.23 (vs kr.1.40 in 1Q 2023)First quarter 2024 results: EPS: kr.1.23 (down from kr.1.40 in 1Q 2023). Revenue: kr.10.2b (up 1.9% from 1Q 2023). Net income: kr.776.0m (down 12% from 1Q 2023). Profit margin: 7.6% (down from 8.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 17Tryg A/S Announces Quarterly DividendTryg A/S announced quarterly dividend of DKK 1.95 (DKK 1.85) per share an increase of more than 5%.
Recent Insider Transactions • Jan 27Group COO & Member of Executive Board recently bought kr.2.4m worth of stockOn the 23rd of January, Lars Bonde bought around 17k shares on-market at roughly kr.144 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Lars' only on-market trade for the last 12 months.
Reported Earnings • Jan 26Full year 2023 earnings released: EPS: kr.6.08 (vs kr.3.47 in FY 2022)Full year 2023 results: EPS: kr.6.08 (up from kr.3.47 in FY 2022). Revenue: kr.40.4b (up 26% from FY 2022). Net income: kr.3.85b (up 71% from FY 2022). Profit margin: 9.5% (up from 7.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 28% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Dec 19Now 21% undervaluedOver the last 90 days, the stock is up 8.9%. The fair value is estimated to be kr.187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 28%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings is also forecast to grow by 12% per annum over the same time period.
お知らせ • Nov 03+ 1 more updateTryg A/S Announces Executive ChangesBarbara Plucnar Jensen, Chief Financial Officer (CFO), will leave Tryg A/S by mutual agreement. Effective November 2, 2023, Allan Kragh Thaysen (46), Tryg's SVP of Group Finance for the past five years, has been appointed as the new CFO. Barbara Plucnar Jensen has been part of Tryg's executive management since 2019. Her unique skills within corporate finance have been instrumental during the acquisition and financing of RSA's Scandinavian activities and the share issue that followed. The Executive Board of Tryg A/S now consists of Chief Executive Officer Johan Kirstein Brammer, Chief Financial Officer Allan Kragh Thaysen, Chief Operational Officer Lars Bonde, Chief Commercial Officer Alexandra Bastkær Winther, and Chief Technical Officer Mikael Kärrsten. Allan Kragh Thaysen has an HD in Accounting and an MSc in Business Economics and Auditing from Copenhagen Business School. He will bring to his role as CFO many years of experience in the financial sector and within non-life insurance. Allan started his career as an accountant at Deloitte from 1998-2005, after which he joined the Norwegian company Gjensidige, where he became CFO for the Danish and Swedish portion of the business from 2010 to 2018 before coming to Tryg. For the past 5 years he has delivered strong results in his position as SVP of Group Finance and played an integral part in the acquisition of RSA's Scandinavian businesses, Trygg-Hansa and Codan Norway.
お知らせ • Oct 24Tryg A/S (CPSE:TRYG) commences an Equity Buyback Plan under the authorization approved on March 30, 2023.Tryg A/S (CPSE:TRYG) commences share repurchases on October 16, 2023, under the program mandated by the shareholders in the Annual General Meeting held on March 30, 2023. As per the mandate, the company is authorized to repurchase not more than 10% of its issued share capital at any given point in time. The price to be paid for each share shall not deviate by more than 10% from the registered price of the shares at Nasdaq Copenhagen. The authorization is valid till December 31, 2024. As at March 2, 2023, the company had 654,653,980 issued shares. On October 13, 2023, the company announces a share repurchase program. Under the program, the company will repurchase up to 15,000,000 shares, for DKK 1,000 million. The shares will be purchased at a price not higher than the amount of the last independent transaction or highest independent bid on the shares on Nasdaq Copenhagen A/S. The purpose of the program is to return excess capital to the shareholders. The repurchased shares will be cancelled. The repurchases will commence from October 16, 2023, and the program will be valid till January 31, 2024. As of October 17, 2023, the company had 12,526,551 treasury shares.
Reported Earnings • Oct 14Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr.10.3b (up 16% from 3Q 2022). Net income: kr.914.0m (up 46% from 3Q 2022). Profit margin: 8.9% (up from 7.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 34% growth forecast for the Insurance industry in the United Kingdom.
お知らせ • Oct 13+ 3 more updatesTryg A/S, Annual General Meeting, Mar 21, 2024Tryg A/S, Annual General Meeting, Mar 21, 2024.
お知らせ • Sep 28Tryg Announces Executive ChangesTryg A/S announced that drawing on inspiration from Trygg-Hansa’s successful operating model towards Commercial customers, Tryg will merge its Commercial and Corporate Lines in Denmark and Norway from 1 October 2023. The Corporate segments in both countries have undergone successful transformations over the past few years, where the portfolio of large customers has been adjusted to ensure a more healthy and profitable business. After this successful downscaling, the merger is a natural next step in becoming a more efficient and customer centric business, where corporate customers will experience a simpler entry to Tryg. To lead these newly formed Commercial units, two internal candidates have been appointed. Hence, SVP Hans Arnum, has been appointed Head of Commercial Lines Denmark, while SVP Michael Kolbæk has been appointed Head of Commercial Lines Norway. From a reporting perspective Commercial and Corporate Lines will remain separate entities. With synergies from the RSA integration being delivered slightly ahead of schedule, it is a natural next step to align the organisational design of the Group’s Swedish business, Trygg-Hansa, with the organisational structure of the Tryg Group. A decentralised organisational design encouraging decision-making to occur in close proximity to customers and local market dynamics. This structural harmonisation has been planned since the acquisition, and with the integration well on track, accelerating the change will support Trygg-Hansa’s readiness for the coming strategy period. This means that by 1 January 2024 VD Mats Dahlquist will leave Trygg-Hansa and hand over to the continuing management team, who will report to Tryg Group’s Executive Board.
Recent Insider Transactions • Jul 13Independent Supervisory Board Member recently bought kr.998k worth of stockOn the 11th of July, Thomas Hofman-Bang bought around 7k shares on-market at roughly kr.135 per share. This transaction increased Thomas' direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr.1.4m more in shares than they have sold in the last 12 months.
お知らせ • Jul 12Tryg A/S Announces Dividend for the Second Quarter of 2023 Payable on 14 July 2023Tryg A/S announced dividend of DKK 1.85 per share for the second quarter of 2023to be paid on 14 July 2023.
Reported Earnings • Jul 12Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr.9.96b (up 20% from 2Q 2022). Net income: kr.922.0m (up 114% from 2Q 2022). Profit margin: 9.3% (up from 5.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 39% growth forecast for the Insurance industry in the United Kingdom.
Recent Insider Transactions • Apr 23Independent Supervisory Board Member recently bought kr.154k worth of stockOn the 20th of April, Mengmeng Du bought around 1k shares on-market at roughly kr.154 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Apr 20First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: kr.10.6b (up 79% from 1Q 2022). Net income: kr.885.0m (up kr.776.0m from 1Q 2022). Profit margin: 8.3% (up from 1.8% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 42% growth forecast for the Insurance industry in the United Kingdom.
お知らせ • Jan 31+ 1 more updateTryg A/S and Tryg Forsikring A/S Announces Management ChangesGroup Chief Executive Officer (CEO) Morten Hübbe has informed the Supervisory Boards of Tryg A/S and Tryg Forsikring A/S that he wishes to step down after 20 years on Tryg's Executive Board. Expansion of the Executive Board in Tryg A/S and Tryg Forsikring A/S With a view to ensure the right mix of competences in the Executive Board going forward, the Company has also announced the appointment of two new members by 1 March 2023. Mikael Kärrsten has been appointed Chief Technical Officer and Alexandra Bastkær Winther has been appointed Chief Commercial Officer, both internal promotions. Mikael Kärrsten (47) has more than 20 years of experience from the insurance industry and comes from a position as Head of Group PPU (Price, Product, Portfolio Management and Underwriting) in Tryg. He has previously held several senior leadership positions with Codan and Trygg-Hansa, including Head of Underwriting. Mikael has been one of the main architects behind Trygg-Hansa's incredibly well-run and profitable business - and he knows the Swedish insurance market better than most. A market which now accounts for up to 45% of the Group's technical result. In addition, Mikael possesses a deep technical understanding of insurance, which is based on a data and insight driven approach. Alexandra Bastkær Winther (37) comes from a position as CEO of Alka Insurance (stand-alone entity within the Tryg group). She has been with Tryg since 2020 where she, prior to her appointment to Alka, as head of Group Strategy and M&A played a key role in the historical acquisition of RSA's Scandinavian activities (Trygg-Hansa and Codan Norway). As Chief Commercial Officer, Alexandra will take over Johan Kirstein Brammer's current areas of responsibilities, which covers enhancement of commercial value creation across the Group, the integration and realisation of synergies from acquisitions as well as the corporate strategy function. According to Morten Hübbe, the appointment of the two new executives will add valuable skills to the highly successful Executive Board that represents years of value creation and continuity.
お知らせ • Jan 27Tryg A/S to Report Fiscal Year 2022 Final Results on Feb 03, 2023Tryg A/S announced that they will report fiscal year 2022 final results at 9:00 AM, Central European Standard Time on Feb 03, 2023
Reported Earnings • Jan 26Full year 2022 earnings released: EPS: kr.3.47 (vs kr.5.52 in FY 2021)Full year 2022 results: EPS: kr.3.47 (down from kr.5.52 in FY 2021). Revenue: kr.33.5b (up 32% from FY 2021). Net income: kr.2.25b (down 29% from FY 2021). Profit margin: 6.7% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Oct 14Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.5%. The fair value is estimated to be kr.191, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 20%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings is also forecast to grow by 25% per annum over the same time period.
Reported Earnings • Oct 13Third quarter 2022 earnings released: EPS: kr.0.97 (vs kr.1.58 in 3Q 2021)Third quarter 2022 results: EPS: kr.0.97 (down from kr.1.58 in 3Q 2021). Revenue: kr.9.60b (up 27% from 3Q 2021). Net income: kr.627.0m (down 40% from 3Q 2021). Profit margin: 6.5% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 13+ 2 more updatesTryg A/S to Report Q2, 2023 Results on Jul 11, 2023Tryg A/S announced that they will report Q2, 2023 results on Jul 11, 2023
Reported Earnings • Jul 13Second quarter 2022 earnings released: EPS: kr.0.67 (vs kr.0.096 loss in 2Q 2021)Second quarter 2022 results: EPS: kr.0.67 (up from kr.0.096 loss in 2Q 2021). Revenue: kr.8.63b (up 64% from 2Q 2021). Net income: kr.430.0m (up kr.493.0m from 2Q 2021). Profit margin: 5.0% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 26%, compared to a 138% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 27First quarter 2022 earnings released: EPS: kr.0.17 (vs kr.2.50 in 1Q 2021)First quarter 2022 results: EPS: kr.0.17 (down from kr.2.50 in 1Q 2021). Revenue: kr.6.07b (down 1.0% from 1Q 2021). Net income: kr.109.0m (down 87% from 1Q 2021). Profit margin: 1.8% (down from 13% in 1Q 2021). Over the next year, revenue is forecast to grow 34%, compared to a 135% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.
Buying Opportunity • Mar 06Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be kr.184, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 2.9% per annum over the last 3 years.
Reported Earnings • Jan 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: kr.5.51 (down from kr.9.19 in FY 2020). Revenue: kr.25.1b (up 11% from FY 2020). Net income: kr.3.16b (up 14% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 513% growth forecast for the insurance industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 13Third quarter 2021 earnings released: EPS kr.1.59 (vs kr.3.07 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr.6.59b (up 13% from 3Q 2020). Net income: kr.1.04b (up 11% from 3Q 2020). Profit margin: 16% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 10Second quarter 2021 earnings released: kr.0.096 loss per share (vs kr.4.13 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: kr.5.26b (down 12% from 2Q 2020). Net loss: kr.63.0m (down 105% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 21First quarter 2021 earnings released: EPS kr.2.50 (vs kr.1.47 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr.6.16b (up 35% from 1Q 2020). Net income: kr.814.0m (up kr.1.26b from 1Q 2020). Profit margin: 13% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 04New 90-day low: kr.137The company is down 22% from its price of kr.175 on 04 December 2020. The British market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.174 per share.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 31% share price decline to kr.137, the stock is trading at a trailing P/E ratio of 19.4x, down from the previous P/E ratio of 28.2x. This compares to an average P/E of 15x in the Insurance industry in the United Kingdom. Total returns to shareholders over the past three years are 8.3%.
Reported Earnings • Jan 27Full year 2020 earnings released: EPS kr.9.19 (vs kr.9.42 in FY 2019)The company reported a mediocre full year result with weaker earnings, although profit margins were flat and revenues improved. Full year 2020 results: Revenue: kr.22.7b (up 2.5% from FY 2019). Net income: kr.2.77b (down 2.5% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Jan 27Revenue misses expectationsRevenue missed analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 3.5%, compared to a 26% growth forecast for the Insurance industry in the United Kingdom.
Is New 90 Day High Low • Jan 19New 90-day high: kr.199The company is up 1.0% from its price of kr.197 on 21 October 2020. The British market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.206 per share.
Is New 90 Day High Low • Nov 24New 90-day low: kr.176The company is down 10.0% from its price of kr.195 on 26 August 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.170 per share.
Is New 90 Day High Low • Oct 26New 90-day low: kr.184The company is down 4.0% from its price of kr.191 on 28 July 2020. The British market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.173 per share.
Analyst Estimate Surprise Post Earnings • Oct 10Third-quarter earnings released: Revenue misses expectationsThird-quarter revenue missed analyst estimates by 1.3% at kr.5.72b. Revenue is forecast to grow 4.3% over the next year, compared to a 5.6% growth forecast for the Insurance industry in the United Kingdom.
Reported Earnings • Oct 10Third quarter earnings releasedOver the last 12 months the company has reported total profits of kr.2.44b, up 8.1% from the prior year. Total revenue was kr.22.1b over the last 12 months, up 5.8% from the prior year.
Is New 90 Day High Low • Sep 29New 90-day high: kr.199The company is up 5.0% from its price of kr.190 on 01 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr.162 per share.
