Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Sweden, Denmark, the United Kingdom, and Finland.
Reasonable growth potential and fair value.
Share Price & News
How has Protector Forsikring's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0JXF's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0JXF underperformed the UK Insurance industry which returned -26.5% over the past year.
Return vs Market: 0JXF underperformed the UK Market which returned -22.7% over the past year.
Price Volatility Vs. Market
How volatile is Protector Forsikring's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Protector Forsikring undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 0JXF (NOK22.13) is trading below our estimate of fair value (NOK61.7)
Significantly Below Fair Value: 0JXF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 0JXF is unprofitable, so we can't compare its PE Ratio to the Insurance industry average.
PE vs Market: 0JXF is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 0JXF's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 0JXF is good value based on its PB Ratio (0.9x) compared to the GB Insurance industry average (1.3x).
How is Protector Forsikring forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0JXF is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).
Earnings vs Market: 0JXF is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 0JXF's is expected to become profitable in the next 3 years.
Revenue vs Market: 0JXF's revenue (3.9% per year) is forecast to grow faster than the UK market (2.6% per year).
High Growth Revenue: 0JXF's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0JXF's Return on Equity is forecast to be low in 3 years time (18.1%).
How has Protector Forsikring performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0JXF is currently unprofitable.
Growing Profit Margin: 0JXF is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 0JXF is unprofitable, and losses have increased over the past 5 years at a rate of -38.5% per year.
Accelerating Growth: Unable to compare 0JXF's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 0JXF is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (4.5%).
Return on Equity
High ROE: 0JXF has a negative Return on Equity (-3.77%), as it is currently unprofitable.
How is Protector Forsikring's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0JXF has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0JXF's debt is covered by short term assets (assets are 11.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 0JXF has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 0JXF has been profitable on average in the past, therefore cash runway is not a concern.
Financial Institutions Analysis
Asset Level: 0JXF's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0JXF has a sufficient allowance for bad loans.
Low Risk Liabilities: 0JXF reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0JXF has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0JXF has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0JXF has an appropriate level of bad loans.
What is Protector Forsikring's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 0JXF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 0JXF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 0JXF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 0JXF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 0JXF is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 0JXF's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sverre Bjerkeli (59yo)
Mr. Sverre Bjerkeli has been the Chief Executive Officer of Protector Forsikring ASA since 2006. Mr. Bjerkeli joined Protector since 2004. He served position as Chief Executive Officer in Torrino and Ement ...
CEO Compensation Analysis
Compensation vs Market: Sverre's total compensation ($USD906.23K) is about average for companies of similar size in the UK market ($USD761.42K).
Compensation vs Earnings: Sverre's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||14.17yrs||kr9.56m||3.9% NOK75.8m|
|Chief Financial Officer||1.17yrs||kr3.43m||0.33% NOK6.4m|
|Chief Investment Officer - Equities||no data||kr3.61m||0.13% NOK2.5m|
|IT Director||no data||kr2.71m||0.0086% NOK166.5k|
|Chief Technology Officer and Insurance Director||no data||kr2.33m||no data|
|Director of Business Development||3.5yrs||no data||no data|
|Executive Assistant & IR||no data||no data||0.013% NOK255.5k|
Experienced Management: 0JXF's management team is considered experienced (3.5 years average tenure).
|Independent Director||9.17yrs||kr337.00k||no data|
|Independent Director||6.17yrs||kr447.00k||no data|
|Independent Chairman of the Board||no data||kr735.00k||no data|
|Independent Deputy Chairman||no data||kr90.00k||0.00021% NOK4.1k|
|Deputy for Employees Representative||no data||no data||no data|
|Independent Director||6.17yrs||kr437.00k||no data|
|Employees Representative Director||2yrs||kr112.00k||0.00086% NOK16.7k|
|Employees Representative Director||2.17yrs||kr150.00k||0.0016% NOK30.7k|
|Independent Director||1.17yrs||no data||no data|
|Deputy for Employees Representative||no data||kr25.00k||0.0014% NOK26.3k|
Experienced Board: 0JXF's board of directors are considered experienced (4.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0JXF insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Protector Forsikring ASA's company bio, employee growth, exchange listings and data sources
- Name: Protector Forsikring ASA
- Ticker: 0JXF
- Exchange: LSE
- Founded: 2003
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: kr1.945b
- Shares outstanding: 81.78m
- Website: https://www.protectorforsikring.no
Number of Employees
- Protector Forsikring ASA
- Støperigata 2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PROTCT||OB (Oslo Bors)||Yes||A Shares||NO||NOK||Jul 2006|
|0JXF||LSE (London Stock Exchange)||Yes||A Shares||GB||NOK||Jul 2006|
|PROTCo||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||A Shares||GB||NOK||Jul 2006|
|PSKR.F||OTCPK (Pink Sheets LLC)||Yes||A Shares||US||USD||Jul 2006|
|PR4||DB (Deutsche Boerse AG)||Yes||A Shares||DE||EUR||Jul 2006|
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Sweden, Denmark, the United Kingdom, and Finland. It also offers change of ownership insurance. The company sells its products to non-marine industries through insurance brokers, and real estate agents and lawyers. Protector Forsikring ASA was founded in 2003 and is based in Oslo, Norway.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 00:12|
|End of Day Share Price||2020/03/31 00:00|
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.