Sampo Oyj
Market Cap
€20.5b
Last Updated
2021/03/01 19:01 UTC
Data Sources
Company Financials +
Executive Summary
Sampo Oyj, through its subsidiaries, provides life and non-life insurance products and services in Finland, Sweden, Norway, Denmark, and the Baltic countries. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer with moderate growth potential.
Similar Companies
Share Price & News
How has Sampo Oyj's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAMPO is less volatile than 75% of Finnish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: SAMPO's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.05%
SAMPO
1.2%
FI Insurance
-1.9%
FI Market
1 Year Return
-0.8%
SAMPO
1.3%
FI Insurance
16.7%
FI Market
Return vs Industry: SAMPO underperformed the Finnish Insurance industry which returned 1.3% over the past year.
Return vs Market: SAMPO underperformed the Finnish Market which returned 16.7% over the past year.
Shareholder returns
| SAMPO | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.05% | 1.2% | -1.9% |
| 30 Day | 5.9% | 9.1% | -0.1% |
| 90 Day | 1.3% | 5.8% | 4.4% |
| 1 Year | 3.8%-0.8% | 6.3%1.3% | 25.3%16.7% |
| 3 Year | -1.6%-18.5% | 15.9%-1.2% | 34.9%11.4% |
| 5 Year | 18.5%-11.3% | 51.1%16.3% | 74.2%35.6% |
Long-Term Price Volatility Vs. Market
How volatile is Sampo Oyj's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Sampo Oyj undervalued compared to its fair value and its price relative to the market?
30.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SAMPO (€36.72) is trading below our estimate of fair value (€52.57)
Significantly Below Fair Value: SAMPO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SAMPO is poor value based on its PE Ratio (551.2x) compared to the XE Insurance industry average (12.8x).
PE vs Market: SAMPO is poor value based on its PE Ratio (551.2x) compared to the Finnish market (27.2x).
Price to Earnings Growth Ratio
PEG Ratio: SAMPO is poor value based on its PEG Ratio (14.7x)
Price to Book Ratio
PB vs Industry: SAMPO is overvalued based on its PB Ratio (1.8x) compared to the XE Insurance industry average (1x).
Next Steps
Future Growth
How is Sampo Oyj forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
37.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAMPO's forecast earnings growth (37.4% per year) is above the savings rate (0.3%).
Earnings vs Market: SAMPO's earnings (37.4% per year) are forecast to grow faster than the Finnish market (19.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SAMPO's revenue is expected to decline over the next 3 years (-15.1% per year).
High Growth Revenue: SAMPO's revenue is forecast to decline over the next 3 years (-15.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAMPO's Return on Equity is forecast to be low in 3 years time (11.8%).
Next Steps
Past Performance
How has Sampo Oyj performed over the past 5 years?
-13.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAMPO has high quality earnings.
Growing Profit Margin: SAMPO's current net profit margins (0.4%) are lower than last year (10.2%).
Past Earnings Growth Analysis
Earnings Trend: SAMPO's earnings have declined by 13.4% per year over the past 5 years.
Accelerating Growth: SAMPO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SAMPO had negative earnings growth (-96.7%) over the past year, making it difficult to compare to the Insurance industry average (-10%).
Return on Equity
High ROE: SAMPO's Return on Equity (0.9%) is considered low.
Next Steps
Financial Health
How is Sampo Oyj's financial position?
Financial Position Analysis
Short Term Liabilities: SAMPO's short term assets (€10.9B) do not cover its short term liabilities (€17.7B).
Long Term Liabilities: SAMPO's short term assets (€10.9B) do not cover its long term liabilities (€26.5B).
Debt to Equity History and Analysis
Debt Level: SAMPO's debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: SAMPO's debt to equity ratio has increased from 20.3% to 39.6% over the past 5 years.
Debt Coverage: SAMPO's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: SAMPO's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Sampo Oyj current dividend yield, its reliability and sustainability?
4.63%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SAMPO's dividend (4.63%) is higher than the bottom 25% of dividend payers in the Finnish market (1.88%).
High Dividend: SAMPO's dividend (4.63%) is in the top 25% of dividend payers in the Finnish market (3.97%)
Stability and Growth of Payments
Stable Dividend: SAMPO's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAMPO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (2551.6%), SAMPO's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SAMPO's dividends in 3 years are forecast to be covered by earnings (83.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Torbjorn Magnusson (57 yo)
1.08yrs
Tenure
Mr. Torbjorn Magnusson has been the Group President and Chief Executive Officer of Sampo Oyj since January 01, 2020. Mr. Magnusson serves as Director at Hastings Group Holdings Plc since November 2020. Mr....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO | 1.08yrs | no data | 0.0084% € 1.7m | |
| CFO & Member of Group Executive Committee | 2.08yrs | no data | 0.0061% € 1.2m | |
| Member of Group Executive Committee | 20.08yrs | no data | 0.016% € 3.2m | |
| Chief Investment Officer & Member of the Group Executive Committee | no data | no data | 0.046% € 9.4m | |
| Chief Of Strategy & Member of Group Executive Committee | 16.08yrs | no data | 0.0072% € 1.5m | |
| Member of Group Executive Committee | 15.08yrs | no data | 0.010% € 2.0m | |
| Member of the Group Executive Committee | 2yrs | no data | no data | |
| Head of Investor Relations & Group Communications | no data | no data | no data | |
| Group Head of Human Resources | 14.42yrs | no data | no data | |
| Deputy Managing Director and Head of Corporate Control & Strategy | no data | no data | no data | |
| Head of Corporate Responsibility | 2.08yrs | no data | no data | |
| Chief Risk Officer | 1.83yrs | no data | no data |
2.1yrs
Average Tenure
50yo
Average Age
Experienced Management: SAMPO's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director | 0.67yr | €160.00k | no data | |
| Independent Director | 1.83yrs | €96.00k | 0.00013% € 26.6k | |
| Independent Director | 4.83yrs | €96.00k | 0.00038% € 77.8k | |
| Independent Chairman of the Board | 11.83yrs | €175.00k | 0.89% € 182.4m | |
| Independent Director | 5.83yrs | €90.00k | 0.00047% € 96.2k | |
| Independent Non-Executive Director | 1.83yrs | €96.00k | 0.00014% € 28.7k | |
| Independent Vice Chairperson | 1.83yrs | €140.00k | 0.00085% € 174.0k | |
| Director | 2.83yrs | €90.00k | 0.00092% € 188.4k |
2.3yrs
Average Tenure
59yo
Average Age
Experienced Board: SAMPO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sampo Oyj's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sampo Oyj
- Ticker: SAMPO
- Exchange: HLSE
- Founded: 1909
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: €20.476b
- Shares outstanding: 555.35m
- Website: https://www.sampo.com
Number of Employees
Location
- Sampo Oyj
- Fabianinkatu 27
- Helsinki
- Uusimaa
- 100
- Finland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SAXP.F | OTCPK (Pink Sheets LLC) | Yes | Series A Shares | US | USD | Apr 1988 |
| SAMPO | HLSE (OMX Nordic Exchange Helsinki) | Yes | Series A Shares | FI | EUR | Apr 1988 |
| 0HAG | LSE (London Stock Exchange) | Yes | Series A Shares | GB | EUR | Apr 1988 |
| SMPA | DB (Deutsche Boerse AG) | Yes | Series A Shares | DE | EUR | Apr 1988 |
| SAMPOH | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Series A Shares | GB | EUR | Apr 1988 |
| SAMPO N | BMV (Bolsa Mexicana de Valores) | Yes | Series A Shares | MX | MXN | Apr 1988 |
| SAXP.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 2008 |
Biography
Sampo Oyj, through its subsidiaries, provides life and non-life insurance products and services in Finland, Sweden, Norway, Denmark, and the Baltic countries. It operates through If, Topdanmark, Mandatum, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 19:01 |
| End of Day Share Price | 2021/03/01 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.