Vátryggingafélag Íslands hf Past Earnings Performance
Past criteria checks 4/6
Vátryggingafélag Íslands hf has been growing earnings at an average annual rate of 3.1%, while the Insurance industry saw earnings growing at 2.5% annually. Revenues have been growing at an average rate of 2.4% per year. Vátryggingafélag Íslands hf's return on equity is 8.7%, and it has net margins of 6.1%.
Key information
3.1%
Earnings growth rate
4.8%
EPS growth rate
| Insurance Industry Growth | 7.6% |
| Revenue growth rate | 2.4% |
| Return on equity | 8.7% |
| Net Margin | 6.1% |
| Next Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
Would Vátryggingafélag Íslands hf. (ICE:VIS) Be Valuable To Income Investors?
Mar 30
Vátryggingafélag Íslands hf.'s (ICE:VIS) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Mar 01Vátryggingafélag Íslands hf (ICE:VIS) Has Gifted Shareholders With A Fantastic 149% Total Return On Their Investment
Jan 05
Does Vátryggingafélag Íslands hf.'s (ICE:VIS) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Nov 24Revenue & Expenses BreakdownBeta
How Vátryggingafélag Íslands hf makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 30,074 | 1,847 | 888 | 0 |
| 30 Sep 23 | 28,557 | 2,154 | 5,504 | 0 |
| 30 Jun 23 | 27,452 | 1,471 | 5,504 | 0 |
| 31 Mar 23 | 25,987 | 1,098 | 5,504 | 0 |
| 31 Dec 22 | 24,355 | 940 | 48 | 0 |
| 30 Sep 22 | 25,877 | 1,429 | 1,548 | 0 |
| 30 Jun 22 | 27,044 | 3,730 | 2,783 | 0 |
| 31 Mar 22 | 28,767 | 5,852 | 4,175 | 0 |
| 31 Dec 21 | 30,630 | 7,684 | 5,633 | 0 |
| 30 Sep 21 | 31,825 | 8,546 | 5,460 | 0 |
| 30 Jun 21 | 30,748 | 7,347 | 5,435 | 0 |
| 31 Mar 21 | 29,776 | 5,665 | 5,474 | 0 |
| 31 Dec 20 | 26,805 | 1,798 | 5,423 | 0 |
| 30 Sep 20 | 25,535 | 714 | 5,203 | 0 |
| 30 Jun 20 | 24,600 | -711 | 5,428 | 0 |
| 31 Mar 20 | 24,394 | -371 | 5,427 | 0 |
| 31 Dec 19 | 26,044 | 2,527 | 5,482 | 0 |
| 30 Sep 19 | 25,811 | 2,397 | 5,604 | 0 |
| 30 Jun 19 | 26,181 | 3,700 | 5,437 | 0 |
| 31 Mar 19 | 24,916 | 2,153 | 5,456 | 0 |
| 31 Dec 18 | 24,627 | 2,061 | 5,350 | 0 |
| 30 Sep 18 | 23,524 | 1,959 | 5,282 | 0 |
| 30 Jun 18 | 22,228 | 771 | 5,340 | 0 |
| 31 Mar 18 | 22,262 | 1,979 | 5,148 | 0 |
| 31 Dec 17 | 21,376 | 1,326 | 4,922 | 0 |
| 30 Sep 17 | 21,529 | 1,697 | 4,742 | 0 |
| 30 Jun 17 | 22,027 | 2,329 | 4,532 | 0 |
| 31 Mar 17 | 21,028 | 1,505 | 4,368 | 0 |
| 31 Dec 16 | 20,451 | 1,459 | 4,338 | 0 |
| 30 Sep 16 | 19,950 | 678 | 4,254 | 0 |
| 30 Jun 16 | 19,744 | 895 | 4,126 | 0 |
| 31 Mar 16 | 20,260 | 1,488 | 4,066 | 0 |
| 31 Dec 15 | 20,334 | 2,076 | 3,947 | 0 |
| 30 Sep 15 | 20,084 | 2,324 | 3,889 | 0 |
| 30 Jun 15 | 19,699 | 2,208 | 3,859 | 0 |
| 31 Mar 15 | 18,722 | 1,988 | 3,823 | 0 |
| 31 Dec 14 | 17,804 | 1,240 | 3,851 | 0 |
| 30 Sep 14 | 17,061 | 1,017 | 3,872 | 0 |
| 30 Jun 14 | 17,351 | 1,511 | 3,865 | 0 |
| 31 Mar 14 | 17,335 | 1,429 | 3,866 | 0 |
| 31 Dec 13 | 18,479 | 2,154 | 3,896 | 0 |
| 30 Sep 13 | 19,389 | 3,092 | 4,144 | 0 |
| 30 Jun 13 | 19,581 | 2,855 | 4,207 | 0 |
Quality Earnings: SKAGI has a large one-off loss of ISK805.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SKAGI's current net profit margins (6.1%) are higher than last year (3.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SKAGI's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: SKAGI's earnings growth over the past year (96.5%) exceeds its 5-year average (3.1% per year).
Earnings vs Industry: SKAGI earnings growth over the past year (96.5%) exceeded the Insurance industry 24.5%.
Return on Equity
High ROE: SKAGI's Return on Equity (8.7%) is considered low.