Croatia osiguranje d.d., together with its subsidiaries, provides non-life and life insurance products in the Republic of Croatia.
Croatia osiguranje d.d Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||Kn6,500.00|
|52 Week High||Kn6,000.00|
|52 Week Low||Kn6,800.00|
|1 Month Change||0.77%|
|3 Month Change||-2.26%|
|1 Year Change||0%|
|3 Year Change||1.56%|
|5 Year Change||25.00%|
|Change since IPO||43,818.92%|
Recent News & Updates
Investors Who Bought Croatia osiguranje d.d (ZGSE:CROS) Shares Five Years Ago Are Now Up 20%
Stock pickers are generally looking for stocks that will outperform the broader market. And the truth is, you can make...
|CROS||HR Insurance||HR Market|
Return vs Industry: CROS underperformed the HR Insurance industry which returned 18.8% over the past year.
Return vs Market: CROS underperformed the HR Market which returned 15.1% over the past year.
Stable Share Price: Insufficient data to determine CROS's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine CROS's volatility change over the past year.
About the Company
Croatia osiguranje d.d., together with its subsidiaries, provides non-life and life insurance products in the Republic of Croatia. The company offers accident, health, road motor vehicle, railroad rolling stock, aircraft, vessel, goods in transit, fire and natural disaster, and other property insurance; motor, aircraft, vessel, and other types of liability insurance; and loan/credit, surety, various financial loss, legal expenses, and assistance insurance. It also provides life insurance, annuity insurance, additional insurance with life insurance, and life or annuity insurance.
Croatia osiguranje d.d Fundamentals Summary
|CROS fundamental statistics|
Is CROS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CROS income statement (TTM)|
|Cost of Revenue||Kn2.58b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||789.64|
|Net Profit Margin||9.12%|
How did CROS perform over the long term?See historical performance and comparison
Is Croatia osiguranje d.d 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: CROS (HRK6500) is trading below our estimate of fair value (HRK10144.59)
Significantly Below Fair Value: CROS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CROS is good value based on its PE Ratio (8.2x) compared to the European Insurance industry average (11.1x).
PE vs Market: CROS is good value based on its PE Ratio (8.2x) compared to the HR market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CROS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CROS is good value based on its PB Ratio (0.6x) compared to the XE Insurance industry average (1.1x).
How is Croatia osiguranje d.d forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Croatia osiguranje d.d has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Croatia osiguranje d.d performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CROS has a large one-off gain of HRK99.6M impacting its June 30 2021 financial results.
Growing Profit Margin: CROS's current net profit margins (9.1%) are lower than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: CROS's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: CROS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CROS had negative earnings growth (-1%) over the past year, making it difficult to compare to the Insurance industry average (12.7%).
Return on Equity
High ROE: CROS's Return on Equity (7.5%) is considered low.
How is Croatia osiguranje d.d's financial position?
Financial Position Analysis
Short Term Liabilities: CROS's short term assets (HRK2.6B) do not cover its short term liabilities (HRK5.2B).
Long Term Liabilities: CROS's short term assets (HRK2.6B) do not cover its long term liabilities (HRK4.6B).
Debt to Equity History and Analysis
Debt Level: CROS's debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: CROS's debt to equity ratio has increased from 0.05% to 0.9% over the past 5 years.
Debt Coverage: CROS's debt is well covered by operating cash flow (57.1%).
Interest Coverage: CROS's interest payments on its debt are well covered by EBIT (32x coverage).
What is Croatia osiguranje d.d current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CROS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CROS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CROS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CROS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CROS is not paying a notable dividend for the HR market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CROS's dividend in 3 years as they are not forecast to pay a notable one for the HR market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Davor Tomaskovic (52 yo)
Mr. Davor Tomaskovic serves as Chief Executive Officer and President of Management board at CROATIA osiguranje d.d. since 2019. Mr. Tomaskovic served as the President of Management Board and Chief Executiv...
Experienced Management: CROS's management team is considered experienced (2 years average tenure).
Experienced Board: CROS's board of directors are considered experienced (4.3 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.
Croatia osiguranje d.d.'s employee growth, exchange listings and data sources
- Name: Croatia osiguranje d.d.
- Ticker: CROS
- Exchange: ZGSE
- Founded: 1884
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: Kn2.736b
- Shares outstanding: 420.95k
- Website: https://www.crosig.hr
Number of Employees
- Croatia osiguranje d.d.
- Vatroslava Jagica 33
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/17 16:00|
|End of Day Share Price||2021/09/09 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.