Vátryggingafélag Íslands hf.

ICSE:SKAGI Stock Report

Market Cap: ISK 38.7b

Vátryggingafélag Íslands hf Past Earnings Performance

Past criteria checks 0/6

Vátryggingafélag Íslands hf's earnings have been declining at an average annual rate of -7.7%, while the Insurance industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 3.1% per year. Vátryggingafélag Íslands hf's return on equity is 4.2%, and it has net margins of 2.6%.

Key information

-7.7%

Earnings growth rate

-7.1%

EPS growth rate

Insurance Industry Growth7.6%
Revenue growth rate3.1%
Return on equity4.2%
Net Margin2.6%
Next Earnings Update26 Feb 2025

Recent past performance updates

Recent updates

Would Vátryggingafélag Íslands hf. (ICE:VIS) Be Valuable To Income Investors?

Mar 30
Would Vátryggingafélag Íslands hf. (ICE:VIS) Be Valuable To Income Investors?

Vátryggingafélag Íslands hf.'s (ICE:VIS) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Mar 01
Vátryggingafélag Íslands hf.'s (ICE:VIS) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Vátryggingafélag Íslands hf (ICE:VIS) Has Gifted Shareholders With A Fantastic 149% Total Return On Their Investment

Jan 05
Vátryggingafélag Íslands hf (ICE:VIS) Has Gifted Shareholders With A Fantastic 149% Total Return On Their Investment

Does Vátryggingafélag Íslands hf.'s (ICE:VIS) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Nov 24
Does Vátryggingafélag Íslands hf.'s (ICE:VIS) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Revenue & Expenses Breakdown

How Vátryggingafélag Íslands hf makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ICSE:SKAGI Revenue, expenses and earnings (ISK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2432,9278552,7500
30 Jun 2431,7881,0422,1780
31 Mar 2431,1591,7541,5240
31 Dec 2330,0001,8478880
30 Sep 2326,9922,1542520
30 Jun 2326,2331,4711720
31 Mar 2325,3541,099760
31 Dec 2224,308940480
30 Sep 2225,8771,4291,5480
30 Jun 2227,0443,7302,7830
31 Mar 2228,7675,8524,1750
31 Dec 2130,6307,6845,6330
30 Sep 2131,8258,5465,4600
30 Jun 2130,7487,3475,4350
31 Mar 2129,7765,6655,4740
31 Dec 2026,8051,7985,4230
30 Sep 2025,5357145,2030
30 Jun 2024,600-7115,4280
31 Mar 2024,394-3715,4270
31 Dec 1926,0442,5275,4820
30 Sep 1925,8112,3975,6040
30 Jun 1926,1813,7005,4370
31 Mar 1924,9162,1535,4560
31 Dec 1824,6272,0615,3500
30 Sep 1823,5241,9595,2820
30 Jun 1822,2287715,3400
31 Mar 1822,2621,9795,1480
31 Dec 1721,3761,3264,9220
30 Sep 1721,5291,6974,7420
30 Jun 1722,0272,3294,5320
31 Mar 1721,0281,5054,3680
31 Dec 1620,4511,4594,3380
30 Sep 1619,9506784,2540
30 Jun 1619,7448954,1260
31 Mar 1620,2601,4884,0660
31 Dec 1520,3342,0763,9470
30 Sep 1520,0842,3243,8890
30 Jun 1519,6992,2083,8590
31 Mar 1518,7221,9883,8230
31 Dec 1417,8041,2403,8510
30 Sep 1417,0611,0173,8720
30 Jun 1417,3511,5113,8650
31 Mar 1417,3351,4293,8660

Quality Earnings: SKAGI has a large one-off loss of ISK815.1M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: SKAGI's current net profit margins (2.6%) are lower than last year (8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SKAGI's earnings have declined by 7.7% per year over the past 5 years.

Accelerating Growth: SKAGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SKAGI had negative earnings growth (-60.3%) over the past year, making it difficult to compare to the Insurance industry average (18.8%).


Return on Equity

High ROE: SKAGI's Return on Equity (4.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 12:32
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vátryggingafélag Íslands hf. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.