INSR

Insr Insurance GroupOB:INSR Stock Report

Market Cap

kr46.6m

7D

-9.4%

1Y

-50.2%

Updated

17 Sep, 2021

Data

Company Financials
INSR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

INSR Overview

Insr Insurance Group ASA, a non-life insurance company, focuses on property and casualty insurance for the retail, and small and medium sized enterprises in Norway.

Price History & Performance

Summary of all time highs, changes and price drops for Insr Insurance Group
Historical stock prices
Current Share Pricekr0.31
52 Week Highkr0.25
52 Week Lowkr2.04
Beta-0.16
1 Month Change-20.38%
3 Month Change-14.89%
1 Year Change-50.24%
3 Year Change-96.47%
5 Year Change-96.30%
Change since IPO-99.87%

Recent News & Updates

Shareholder Returns

INSRNO InsuranceNO Market
7D-9.4%-0.3%-0.01%
1Y-50.2%18.8%21.3%

Return vs Industry: INSR underperformed the Norwegian Insurance industry which returned 18.8% over the past year.

Return vs Market: INSR underperformed the Norwegian Market which returned 21.3% over the past year.

Price Volatility

Is INSR's price volatile compared to industry and market?
INSR volatility
INSR Beta-0.16
Industry Beta1.12
Market Beta1

Stable Share Price: INSR is more volatile than 90% of Norwegian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: INSR's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
200937Niclas Wardhttps://www.insr.io

Insr Insurance Group ASA, a non-life insurance company, focuses on property and casualty insurance for the retail, and small and medium sized enterprises in Norway. It serves customers through insurance agents and partners. The company was formerly known as Vardia Insurance Group ASA and changed its name to Insr Insurance Group ASA in October 2016.

Insr Insurance Group Fundamentals Summary

How do Insr Insurance Group's earnings and revenue compare to its market cap?
INSR fundamental statistics
Market Capkr46.60m
Earnings (TTM)kr8.58m
Revenue (TTM)kr691.28m

5.4x

P/E Ratio

0.07x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INSR income statement (TTM)
Revenuekr691.28m
Cost of Revenuekr366.40m
Gross Profitkr324.88m
Expenseskr316.31m
Earningskr8.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 17, 2021

Earnings per share (EPS)0.058
Gross Margin47.00%
Net Profit Margin1.24%
Debt/Equity Ratio53.6%

How did INSR perform over the long term?

See historical performance and comparison

Valuation

Is Insr Insurance Group undervalued compared to its fair value and its price relative to the market?

5.43x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate INSR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate INSR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: INSR is good value based on its PE Ratio (5.4x) compared to the European Insurance industry average (11.1x).

PE vs Market: INSR is good value based on its PE Ratio (5.4x) compared to the Norwegian market (13.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate INSR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: INSR is good value based on its PB Ratio (0.3x) compared to the XE Insurance industry average (1.1x).


Future Growth

How is Insr Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

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 Insr Insurance Group 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.


Past Performance

How has Insr Insurance Group performed over the past 5 years?

4.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INSR has a large one-off loss of NOK51.9M impacting its June 30 2021 financial results.

Growing Profit Margin: INSR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: INSR has become profitable over the past 5 years, growing earnings by 4% per year.

Accelerating Growth: INSR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: INSR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (12.7%).


Return on Equity

High ROE: INSR's Return on Equity (6.1%) is considered low.


Financial Health

How is Insr Insurance Group's financial position?


Financial Position Analysis

Short Term Liabilities: INSR's short term assets (NOK1.0B) exceed its short term liabilities (NOK692.6M).

Long Term Liabilities: INSR's short term assets (NOK1.0B) exceed its long term liabilities (NOK205.2M).


Debt to Equity History and Analysis

Debt Level: INSR's debt to equity ratio (53.6%) is considered high.

Reducing Debt: INSR's debt to equity ratio has increased from 37.2% to 53.6% over the past 5 years.

Debt Coverage: INSR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: INSR's interest payments on its debt are well covered by EBIT (6.1x coverage).


Balance Sheet


Dividend

What is Insr Insurance Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate INSR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate INSR'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 INSR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INSR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INSR's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Niclas Ward (50 yo)

0.92

Tenure

kr699,000

Compensation

Mr. Niclas Ward serves as Chief Executive Officer at Insr Insurance Group ASA since October 26, 2020. He served as Head of Industrial business area at If Skadeförsäkring Holding AB (publ). Mr. Ward served...


CEO Compensation Analysis

Compensation vs Market: Niclas's total compensation ($USD80.87K) is below average for companies of similar size in the Norwegian market ($USD340.97K).

Compensation vs Earnings: Insufficient data to compare Niclas's compensation with company performance.


Leadership Team

Experienced Management: INSR's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: INSR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Insr Insurance Group ASA's employee growth, exchange listings and data sources


Key Information

  • Name: Insr Insurance Group ASA
  • Ticker: INSR
  • Exchange: OB
  • Founded: 2009
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: kr46.599m
  • Shares outstanding: 148.17m
  • Website: https://www.insr.io

Number of Employees


Location

  • Insr Insurance Group ASA
  • OestensjOeveien 43
  • Oslo
  • Oslo
  • 667
  • Norway

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:31
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.