Gjensidige Forsikring (BATS-CHIXE:GJFO) - Stock Price, News & Analysis

GJFO Stock Overview

Engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. More details

GJFO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 40.8% below our estimate of its fair value

Earnings are forecast to grow 13.26% per year

Risk Analysis

Shares are highly illiquid

Dividend of 4.42% is not well covered by free cash flows

Gjensidige Forsikring ASA Competitors

Aviva

LSE:AV.

UK£12.9b

Admiral Group

LSE:ADM

UK£7.4b

Beazley

LSE:BEZ

UK£4.9b

Hiscox

LSE:HSX

UK£3.5b

Price History & Performance

Summary of all time highs, changes and price drops for Gjensidige Forsikring
Historical stock prices
Current Share Price	NOK 199.10
52 Week High	NOK 200.10
52 Week Low	NOK 169.40
Beta	0.22
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	12.90%
33 Year Change	-4.42%
5 Year Change	15.66%
Change since IPO	205.84%

Recent updates

Shareholder Returns

	GJFO	GB Insurance	GB Market
7D	0%	1.5%	2.2%
1Y	12.9%	-5.5%	8.8%

Return vs Industry: GJFO exceeded the UK Insurance industry which returned -6.7% over the past year.

Return vs Market: GJFO exceeded the UK Market which returned 8.3% over the past year.

Price Volatility

Is GJFO's price volatile compared to industry and market?
GJFO volatility
GJFO Average Weekly Movement	n/a
Insurance Industry Average Movement	3.2%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.2%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: GJFO's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine GJFO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1816	4,526	Geir Holmgren	www.gjensidige.no

Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, property, accident and health, liability, marine/transport, natural perils, agriculture, travel, leisure craft, valuables, commercial, and life insurance products.

Gjensidige Forsikring ASA Fundamentals Summary

How do Gjensidige Forsikring's earnings and revenue compare to its market cap?
GJFO fundamental statistics
Market cap	NOK 98.99b
Earnings (TTM)	NOK 4.91b
Revenue (TTM)	NOK 43.41b

20.2x

P/E Ratio

2.3x

P/S Ratio

Is GJFO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GJFO income statement (TTM)
Revenue	NOK 43.41b
Cost of Revenue	NOK 28.79b
Gross Profit	NOK 14.62b
Other Expenses	NOK 9.71b
Earnings	NOK 4.91b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 24, 2025

Earnings per share (EPS)	9.81
Gross Margin	33.67%
Net Profit Margin	11.30%
Debt/Equity Ratio	13.8%

How did GJFO perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

90%

Payout Ratio

GJFO Stock Overview

Rewards

Risk Analysis

Gjensidige Forsikring ASA Competitors

LSE:AV.

UK£12.9b

LSE:ADM

UK£7.4b

LSE:BEZ

UK£4.9b

LSE:HSX

UK£3.5b

Price History & Performance

Recent News & Updates

ERGO International AG agreed to acquire ADB Gjensidige from Gjensidige Forsikring ASA (OB:GJF) for €80 million.

Insufficient new directors

Gjensidige Forsikring ASA(OB:GJF) dropped from Oslo OBX Total Return Index

Upcoming dividend of kr8.75 per share

Dividend increased to kr8.75

Insufficient new directors

Recent updates

ERGO International AG agreed to acquire ADB Gjensidige from Gjensidige Forsikring ASA (OB:GJF) for €80 million.

Insufficient new directors

Gjensidige Forsikring ASA(OB:GJF) dropped from Oslo OBX Total Return Index

Upcoming dividend of kr8.75 per share

Dividend increased to kr8.75

Insufficient new directors

Gjensidige Forsikring ASA to Report Q1, 2025 Results on Apr 29, 2025

Gjensidige Forsikring ASA Proposes Cash Dividend, Payable on 5 April 2024

Insufficient new directors

Third quarter 2023 earnings released: EPS: kr1.63 (vs kr2.21 in 3Q 2022)

Insufficient new directors

Insufficient new directors

Gjensidige Forsikring ASA (OB:GJF) acquired Commercial Portfolio from Sønderjysk Forsikring for DKK 200 million.

Gjensidige Forsikring ASA (OB:GJF) agreed to acquire PenSam Forsikring A/S.

Gjensidige Forsikring ASA to Report Q3, 2024 Results on Oct 22, 2024

First quarter 2023 earnings released: EPS: kr2.26 (vs kr2.64 in 1Q 2022)

High number of new directors

Upcoming dividend of kr8.25 per share at 4.7% yield

Full year 2022 earnings released: EPS: kr9.04 (vs kr14.28 in FY 2021)

Gjensidige Forsikring ASA Proposes Regular Dividend, Payable on 31 March 2023

Now 21% undervalued after recent price drop

High number of new directors

Third quarter 2022 earnings released: EPS: kr2.21 (vs kr2.99 in 3Q 2021)

Gjensidige Forsikring ASA(OB:GJF) dropped from Oslo OBX Total Return Index

High number of new directors

Second quarter 2022 earnings released: EPS: kr1.62 (vs kr3.64 in 2Q 2021)

Gjensidige Forsikring ASA Announces CEO Changes

Gjensidige Forsikring ASA (OB:GJF) agreed to acquire 33.33% stake in Mycar Group As.

First quarter 2022 earnings released: EPS: kr2.64 (vs kr2.68 in 1Q 2021)

High number of new directors

Upcoming dividend of kr7.70 per share

Gjensidige Forsikring ASA to Report Q3, 2023 Results on Oct 19, 2023

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Entra ASA (OB:ENTRA) completed the acquisition of Oslo Areal AS from Gjensidige Forsikring ASA (OB:GJF) and AMF Pensionsförsäkring AB.

Gjensidige Forsikring ASA (OB:GJF) agreed to acquire Falck Raddningskar Ab from Falck Investment Sverige AB for SEK 1.4 billion.

Upcoming dividend of kr4.00 per share

Third quarter 2021 earnings released: EPS kr2.99 (vs kr3.10 in 3Q 2020)

High number of new directors

High number of new directors

Second quarter 2021 earnings released: EPS kr3.64 (vs kr3.90 in 2Q 2020)

Gjensidige Forsikring ASA (OB:GJF) agreed to acquire NEM Forsikring A/S.

Independent Director recently bought kr192k worth of stock

First quarter 2021 earnings released: EPS kr2.68 (vs kr0.96 loss in 1Q 2020)

Upcoming Dividend of kr7.40 Per Share

Gjensidige Forsikring ASA to Report First Half, 2022 Results on Jul 15, 2022

Full year 2020 earnings released: EPS kr9.91 (vs kr13.11 in FY 2019)

Revenue misses expectations

Gjensidige Forsikring Asa Announces Executive Changes, Effective from March 2021

Chief Executive Officer recently bought kr849k worth of stock

Full year 2020 earnings released: EPS kr9.91

Revenue misses expectations

Chief Executive Officer recently bought kr5.9m worth of stock

Head of Investments recently bought kr93k worth of stock

Nykredit to End Its Non-Life Insurance Partnership with Gjensidige Forsikring

Shareholder Returns

Price Volatility

About the Company

Gjensidige Forsikring ASA Fundamentals Summary

20.2x