Gjensidige Forsikring ASA

OB:GJF Stock Report

Market Cap: NOK 102.0b

Gjensidige Forsikring Past Earnings Performance

Past criteria checks 2/6

Gjensidige Forsikring's earnings have been declining at an average annual rate of -6.8%, while the Insurance industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 8.4% per year. Gjensidige Forsikring's return on equity is 20%, and it has net margins of 11.3%.

Key information

-6.8%

Earnings growth rate

-6.9%

EPS growth rate

Insurance Industry Growth7.6%
Revenue growth rate8.4%
Return on equity20.0%
Net Margin11.3%
Next Earnings Update24 Jan 2025

Recent past performance updates

Recent updates

Gjensidige Forsikring ASA's (OB:GJF) Business Is Trailing The Market But Its Shares Aren't

Jul 04
Gjensidige Forsikring ASA's (OB:GJF) Business Is Trailing The Market But Its Shares Aren't

Subdued Growth No Barrier To Gjensidige Forsikring ASA's (OB:GJF) Price

Apr 03
Subdued Growth No Barrier To Gjensidige Forsikring ASA's (OB:GJF) Price

Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's

Feb 28
Gjensidige Forsikring's (OB:GJF) Upcoming Dividend Will Be Larger Than Last Year's

Gjensidige Forsikring's (OB:GJF) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 28
Gjensidige Forsikring's (OB:GJF) Shareholders Will Receive A Bigger Dividend Than Last Year

Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jan 27
Gjensidige Forsikring ASA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Revenue & Expenses Breakdown

How Gjensidige Forsikring makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OB:GJF Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2443,4124,9065,1920
30 Jun 2441,7384,0665,5060
31 Mar 2440,3893,7305,4540
31 Dec 2339,2854,0565,3260
30 Sep 2336,5224,2734,8630
30 Jun 2334,9344,3074,4020
31 Mar 2333,6663,5824,4800
31 Dec 2232,3853,3904,3730
30 Sep 2232,4594,6094,3870
30 Jun 2232,5685,2454,4380
31 Mar 2233,7356,7554,4250
31 Dec 2133,4607,1414,4450
30 Sep 2132,5026,5854,3820
30 Jun 2132,2366,6414,3200
31 Mar 2132,1106,7734,2790
31 Dec 2029,6094,9544,2570
30 Sep 2028,6944,4974,1990
30 Jun 2027,8073,9394,1130
31 Mar 2026,4713,3294,0290
31 Dec 1929,6206,5563,9110
30 Sep 1927,2146,3763,8310
30 Jun 1927,3556,1873,8900
31 Mar 1927,4375,6873,8860
31 Dec 1825,6673,3833,8970
30 Sep 1827,5462,9073,9390
30 Jun 1827,5923,3113,8750
31 Mar 1826,9043,3973,8550
31 Dec 1727,2334,0643,8140
30 Sep 1727,3294,3373,8300
30 Jun 1727,4884,3023,9170
31 Mar 1728,0364,6733,8860
31 Dec 1627,5254,6703,3830
30 Sep 1627,3874,8303,3040
30 Jun 1626,1234,2533,1130
31 Mar 1625,6894,1503,0260
31 Dec 1525,4883,7893,4400
30 Sep 1524,9583,5023,3810
30 Jun 1525,3563,9053,3370
31 Mar 1525,4624,0153,3050
31 Dec 1425,4534,1903,2750
30 Sep 1425,3464,3603,1700
30 Jun 1425,1994,6913,1340
31 Mar 1424,5084,2773,0900

Quality Earnings: GJF has high quality earnings.

Growing Profit Margin: GJF's current net profit margins (11.3%) are lower than last year (11.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GJF's earnings have declined by 6.8% per year over the past 5 years.

Accelerating Growth: GJF's earnings growth over the past year (14.8%) exceeds its 5-year average (-6.8% per year).

Earnings vs Industry: GJF earnings growth over the past year (14.8%) did not outperform the Insurance industry 17.3%.

Return on Equity

High ROE: GJF's Return on Equity (20%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 11:28
End of Day Share Price 2025/01/02 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 here.

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 .

Analyst Sources

Gjensidige Forsikring ASA is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fridtjof BerentsArctic Securities ASA
Claudia GaspariBarclays
Robert BateBarclays