Vátryggingafélag Íslands hf Valuation

Is SKAGI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SKAGI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SKAGI (ISK19) is trading above our estimate of fair value (ISK11.29)

Significantly Below Fair Value: SKAGI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SKAGI?

Key metric: As SKAGI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SKAGI. This is calculated by dividing SKAGI's market cap by their current earnings.
What is SKAGI's PE Ratio?
PE Ratio	34.2x
Earnings	ISK 1.04b
Market Cap	ISK 35.68b

SKAGI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.6x
Enterprise Value/EBITDA	16.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does SKAGI's PE Ratio compare to its peers?

The above table shows the PE ratio for SKAGI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	17.9x
SJOVA Sjóvá-Almennar tryggingar hf	13.8x	n/a	ISK 51.8b
REVO REVO Insurance	19.2x	39.3%	€262.2m
8020 Malath Cooperative Insurance	30.3x	n/a	ر.س786.0m
2852 First Insurance	8.4x	n/a	NT$7.6b
SKAGI Vátryggingafélag Íslands hf	34.2x	n/a	ISK 35.7b

Price-To-Earnings vs Peers: SKAGI is expensive based on its Price-To-Earnings Ratio (34.2x) compared to the peer average (17.9x).

Price to Earnings Ratio vs Industry

How does SKAGI's PE Ratio compare vs other companies in the European Insurance Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SKAGI is expensive based on its Price-To-Earnings Ratio (34.2x) compared to the European Insurance industry average (11.8x).

Price to Earnings Ratio vs Fair Ratio

What is SKAGI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SKAGI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	34.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SKAGI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.