Storebrand Future Growth

Future criteria checks 1/6

Storebrand's revenue is forecast to decline at 25.6% per annum while its annual earnings are expected to grow at 7.4% per year. EPS is expected to grow by 11.1% per annum. Return on equity is forecast to be 13.4% in 3 years.

Key information

7.4%

Earnings growth rate

11.1%

EPS growth rate

Insurance earnings growth	7.4%
Revenue growth rate	-25.6%
Future return on equity	13.4%
Analyst coverage	Good
Last updated	29 Apr 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:SKT - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	37,912	4,232	N/A	N/A	1
12/31/2025	36,812	3,888	N/A	N/A	1
12/31/2024	35,790	4,339	N/A	N/A	1
3/31/2024	77,899	3,203	151	247	N/A
12/31/2023	58,581	3,350	-1,382	-1,255	N/A
9/30/2023	53,726	2,900	1,119	1,286	N/A
6/30/2023	53,462	2,686	-1,952	-1,790	N/A
3/31/2023	33,501	2,348	-2,012	-1,837	N/A
12/31/2022	-10,179	2,362	2,693	2,830	N/A
9/30/2022	9,222	2,798	4,364	4,510	N/A
6/30/2022	27,329	3,040	1,099	1,265	N/A
3/31/2022	57,813	3,738	-827	-610	N/A
12/31/2021	119,190	3,121	-3,781	-3,489	N/A
9/30/2021	111,144	3,076	-5,848	-5,621	N/A
6/30/2021	120,774	3,245	-2,938	-2,752	N/A
3/31/2021	131,368	2,523	-774	-658	N/A
12/31/2020	81,031	2,345	-2,032	-1,984	N/A
9/30/2020	71,370	2,145	-2,266	-2,188	N/A
6/30/2020	63,297	1,838	-2,135	-2,050	N/A
3/31/2020	41,650	1,839	-450	-365	N/A
12/31/2019	87,403	2,067	-836	-740	N/A
9/30/2019	60,163	3,251	538	617	N/A
6/30/2019	57,723	3,316	582	681	N/A
3/31/2019	57,039	3,451	885	954	N/A
12/31/2018	34,918	3,684	1,275	1,310	N/A
9/30/2018	47,414	2,303	2,455	2,527	N/A
6/30/2018	45,275	2,476	2,159	2,195	N/A
3/31/2018	38,759	2,638	253	328	N/A
12/31/2017	47,362	2,375	N/A	739	N/A
9/30/2017	41,403	2,575	N/A	612	N/A
6/30/2017	45,370	2,318	N/A	1,672	N/A
3/31/2017	48,133	2,277	N/A	-990	N/A
12/31/2016	42,009	2,118	N/A	1,576	N/A
9/30/2016	50,819	2,063	N/A	-374	N/A
6/30/2016	35,008	1,684	N/A	-407	N/A
3/31/2016	23,958	1,234	N/A	2,299	N/A
12/31/2015	35,347	1,178	N/A	-2,745	N/A
9/30/2015	33,220	1,255	N/A	343	N/A
6/30/2015	43,858	1,573	N/A	836	N/A
3/31/2015	58,578	1,804	N/A	3,813	N/A
12/31/2014	51,381	2,064	N/A	7,655	N/A
9/30/2014	58,116	1,770	N/A	5,282	N/A
6/30/2014	58,451	2,078	N/A	5,287	N/A
3/31/2014	47,782	2,124	N/A	2,014	N/A
12/31/2013	49,633	1,975	N/A	3,945	N/A
9/30/2013	51,039	1,642	N/A	4,712	N/A
6/30/2013	53,754	1,237	N/A	3,944	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKT's forecast earnings growth (7.4% per year) is above the savings rate (0.7%).

Earnings vs Market: SKT's earnings (7.4% per year) are forecast to grow slower than the German market (15.4% per year).

High Growth Earnings: SKT's earnings are forecast to grow, but not significantly.

Revenue vs Market: SKT's revenue is expected to decline over the next 3 years (-25.6% per year).

High Growth Revenue: SKT's revenue is forecast to decline over the next 3 years (-25.6% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SKT's Return on Equity is forecast to be low in 3 years time (13.4%).

Storebrand Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

High number of new directors

Storebrand ASA (OB:STB) commences an Equity Buyback Plan for 44,797,268 shares, representing 9.62% of its issued share capital, under the authorization approved on April 4, 2024.

First quarter 2024 earnings released: EPS: kr2.03 (vs kr2.25 in 1Q 2023)

Storebrand ASA Announces Cash Dividend for the Year 2023

Upcoming dividend of kr4.10 per share

Full year 2023 earnings released: EPS: kr7.31 (vs kr5.07 in FY 2022)

Dividend of kr4.10 announced

Full year 2023 earnings released: EPS: kr7.37 (vs kr5.07 in FY 2022)

Storebrand ASA Proposes Cash Dividend, Payable from 16 April 2024

Storebrand ASA to Report Fiscal Year 2023 Final Results on Mar 14, 2024

Storebrand ASA to Report Q3, 2024 Results on Oct 23, 2024

Third quarter 2023 earnings released: EPS: kr1.25 (vs kr0.76 in 3Q 2022)

ERGO International AG signed an agreement to acquire a 50% stake in Storebrand Helseforsikring AS from Storebrand ASA.

Independent Director recently bought €1.5m worth of stock

Second quarter 2023 earnings released: EPS: kr1.75 (vs kr0.87 in 2Q 2022)

High number of new directors

Now 22% undervalued after recent price drop

Insider recently bought €1.4m worth of stock

Upcoming dividend of kr3.70 per share at 4.5% yield

Full year 2022 earnings released: EPS: kr5.07 (vs kr6.68 in FY 2021)

Now 22% undervalued after recent price drop

Full year 2022 earnings released: EPS: kr5.07 (vs kr6.68 in FY 2021)

Storebrand Asa Proposes Ordinary Dividend for 2022, Payable from 25 April 2023

Storebrand ASA to Report Q1, 2023 Results on May 10, 2023

Third quarter 2022 earnings released: EPS: kr0.82 (vs kr1.28 in 3Q 2021)

Group Chief Executive Officer recently bought €51k worth of stock

Storebrand ASA (OB:STB) entered into an agreement to acquire Kron As.

Storebrand ASA (OB:STB) entered into an agreement to acquire Kron As.

Storebrand ASA Announces Managing Director Changes

Group Chief Executive Officer recently bought €52k worth of stock

Second quarter 2022 earnings released: EPS: kr0.87 (vs kr2.51 in 2Q 2021)

High number of new directors

Storebrand ASA Announces Managing Director Changes

First quarter 2022 earnings released: EPS: kr1.88 (vs kr0.94 in 1Q 2021)

Storebrand ASA to Report Q4, 2022 Results on Feb 08, 2023

High number of new directors

Storebrand ASA Elects Lars Jansen Viste as Member of Nomination Committee

Upcoming dividend of kr3.50 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Storebrand ASA Proposes Cash Dividend, Payable from 21 April 2022

Storebrand ASA agreed to acquire Pension Operations of Danica Pension from Danica Pension, Livsforsikringsaktieselskab.

Third quarter 2021 earnings released: EPS kr1.28 (vs kr1.63 in 3Q 2020)

High number of new directors

Storebrand ASA (OB:STB) completed the acquisition of Capital Investment.

Independent Director recently bought €19k worth of stock

Second quarter 2021 earnings released: EPS kr2.51 (vs kr0.96 in 2Q 2020)

Fabritius Gruppen AS agreed to acquire Værdalsbruket AS from Storebrand ASA (OB:STB).

Independent Director has left the company

Upcoming dividend of kr3.25 per share

Full year 2020 earnings released: EPS kr5.02 (vs kr4.43 in FY 2019)

Storebrand ASA Proposes Dividend for the Year 2020

Group Chief Executive Officer recently bought €170k worth of stock

Storebrand ASA to Report Q3, 2022 Results on Oct 26, 2022

New 90-day high: €6.89

Full year 2020 earnings released: EPS kr5.02 (vs kr4.43 in FY 2019)

New 90-day high: €6.36

Storebrand ASA, Annual General Meeting, Apr 08, 2021

New 90-day high: €5.58

Market bids up stock over the past week

Third quarter earnings released

Storebrand ASA to Report Q4, 2009 Results on 02/17/2010

Vestland County Chooses Storebrand as New Pension Provider

New 90-day low: €4.38

Storebrand ASA to Report Q1, 2021 Results on Apr 28, 2021

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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