Tryg A/S, together with its subsidiaries, provides insurance products and services for private and corporate customers, and small and medium sized businesses in Denmark, the United Kingdom, the United States, and internationally.
Outstanding track record second-rate dividend payer.
Share Price & News
How has Tryg's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0R78 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 0R78 exceeded the UK Insurance industry which returned 1.3% over the past year.
Return vs Market: 0R78 exceeded the UK Market which returned 6.2% over the past year.
Price Volatility Vs. Market
How volatile is Tryg's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Tryg 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: 0R78 (DKK207.7) is trading below our estimate of fair value (DKK229.19)
Significantly Below Fair Value: 0R78 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 0R78 is poor value based on its PE Ratio (22.2x) compared to the Insurance industry average (14.5x).
PE vs Market: 0R78 is poor value based on its PE Ratio (22.2x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: 0R78 is poor value based on its PEG Ratio (184.5x)
Price to Book Ratio
PB vs Industry: 0R78 is overvalued based on its PB Ratio (5.2x) compared to the GB Insurance industry average (1.8x).
How is Tryg forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0R78's forecast earnings growth (0.1% per year) is below the savings rate (0.5%).
Earnings vs Market: 0R78's earnings (0.1% per year) are forecast to grow slower than the UK market (12.2% per year).
High Growth Earnings: 0R78's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0R78's revenue (2.7% per year) is forecast to grow slower than the UK market (3.5% per year).
High Growth Revenue: 0R78's revenue (2.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0R78's Return on Equity is forecast to be high in 3 years time (28.6%)
How has Tryg performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0R78 has high quality earnings.
Growing Profit Margin: 0R78's current net profit margins (12.9%) are higher than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: 0R78's earnings have grown by 0.3% per year over the past 5 years.
Accelerating Growth: 0R78's earnings growth over the past year (64.2%) exceeds its 5-year average (0.3% per year).
Earnings vs Industry: 0R78 earnings growth over the past year (64.2%) exceeded the Insurance industry 23.4%.
Return on Equity
High ROE: 0R78's Return on Equity (23.5%) is considered high.
Return on Assets
Return on Capital Employed
How is Tryg'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: 0R78 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0R78's debt is covered by short term assets (assets are 8x debt).
Financial Institutions Analysis
Asset Level: 0R78's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0R78 has a sufficient allowance for bad loans.
Low Risk Liabilities: 0R78 reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0R78 has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0R78 has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0R78 has an appropriate level of bad loans.
What is Tryg's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 0R78's dividend (3.26%) is higher than the bottom 25% of dividend payers in the UK market (1.82%).
High Dividend: 0R78's dividend (3.26%) is low compared to the top 25% of dividend payers in the UK market (5.15%).
Stability and Growth of Payments
Stable Dividend: 0R78's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0R78's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.2%), 0R78's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 0R78's dividends in 3 years are not forecast to be well covered by earnings (93.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Morten Hübbe (47yo)
Mr. Morten Hübbe serves as Vice Chairman of the Board at SimCorp A/S since March 27, 2019. He has been the Group Chief Executive Officer of TrygVesta A/S and Tryg A/S since Feburary 1, 2011 and has been it ...
CEO Compensation Analysis
Compensation vs Market: Morten's total compensation ($USD2.09M) is below average for companies of similar size in the UK market ($USD3.34M).
Compensation vs Earnings: Morten's compensation has been consistent with company performance over the past year.
|Group CEO & Member of Executive Board||9.1yrs||ø14.44m||0.065% DKK41.1m|
|Group CFO & Member of Executive Board||0.9yrs||ø6.44m||no data|
|Group COO & Member of Executive Board||14.1yrs||ø7.01m||0.023% DKK14.8m|
|Group Chief Commercial Officer & Member of Executive Board||2.1yrs||ø6.75m||0.0081% DKK5.1m|
|Investor Relations Officer||4.3yrs||no data||no data|
|Head of Communications||0yrs||no data||no data|
|Chief Internal Auditor||0yrs||no data||no data|
|Group Executive Vice President of Claims and Senior Vice President of Corporate DK||4.1yrs||no data||no data|
|Managing Director and Country Manager of Moderna Forsakringar||4.3yrs||no data||no data|
|Senior Vice President of Commercial for Norway||4.1yrs||no data||no data|
Experienced Management: 0R78's management team is considered experienced (4.2 years average tenure).
|Supervisory Board Member||4.9yrs||ø787.50k||0.00087% DKK550.2k|
|Supervisory Board Member||10.1yrs||ø695.00k||0.0023% DKK1.5m|
|Deputy Chairman of Insurance Group||13.8yrs||ø237.64k||no data|
|Supervisory Board Member||7.8yrs||ø695.00k||0.0014% DKK904.3k|
|Employee Representative Supervisory Board Member||10.1yrs||ø537.50k||0.00034% DKK215.0k|
|Supervisory Board Chairman||1.9yrs||ø1.67m||0.0013% DKK841.0k|
|Supervisory Board Vice Chairman||9.1yrs||ø1.31m||0.0093% DKK5.9m|
|Employee Representative Supervisory Board Member||8.1yrs||ø627.50k||0.00034% DKK215.0k|
|Supervisory Board Member||7.1yrs||ø810.00k||0.00096% DKK607.1k|
|Employee Representative Supervisory Board Member||3.9yrs||ø490.00k||0.00020% DKK126.5k|
Experienced Board: 0R78's board of directors are considered experienced (8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tryg A/S's company bio, employee growth, exchange listings and data sources
- Name: Tryg A/S
- Ticker: 0R78
- Exchange: LSE
- Founded: 1731
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: ø63.236b
- Shares outstanding: 301.70m
- Website: https://www.tryg.com
Number of Employees
- Tryg A/S
- Klausdalsbrovej 601
- Capital Region of Denmark
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRYG||CPSE (OMX Nordic Exchange Copenhagen)||Yes||Share Capital||DK||DKK||Oct 2005|
|T2V1||DB (Deutsche Boerse AG)||Yes||Share Capital||DE||EUR||Oct 2005|
|0R78||LSE (London Stock Exchange)||Yes||Share Capital||GB||DKK||Oct 2005|
|TGVS.F||OTCPK (Pink Sheets LLC)||Yes||Share Capital||US||USD||Oct 2005|
|TRYGC||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Share Capital||GB||DKK||Oct 2005|
Tryg A/S, together with its subsidiaries, provides insurance products and services for private and corporate customers, and small and medium sized businesses in Denmark, the United Kingdom, the United States, and internationally. The company operates through: Private, Commercial, Corporate, and Sweden segments. It provides car, contents, house, accident, travel, motorcycles, dog, health, property, liability, transportation, group life, and boat insurance products, as well as fire and content, and worker compensation insurance products. Tryg A/S sells its products primarily through call centers, the Internet, tied agents, franchisees, interest organizations, car dealers, real estate agents, insurance brokers, and Nordea branches under the Tryg Forsikring, Alka, Enter Forsikring, Tryg, Moderna, Tryg Garanti, Moderna, Moderna Djurförsäkringar, Atlantica Båtförsäkring, Bilsport, and MC specialförsäkring brands. The company was founded in 1731 and is headquartered in Ballerup, Denmark. Tryg A/S is a subsidiary of TryghedsGruppen smba.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 21:36|
|End of Day Share Price||2020/02/20 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.