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
|Historical stock prices|
|Current Share Price||kr0.31|
|52 Week High||kr0.25|
|52 Week Low||kr2.04|
|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
|INSR||NO Insurance||NO Market|
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.
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
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
|INSR fundamental statistics|
Is INSR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INSR income statement (TTM)|
|Cost of Revenue||kr366.40m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 17, 2021
|Earnings per share (EPS)||0.058|
|Net Profit Margin||1.24%|
How did INSR perform over the long term?See historical performance and comparison
Is Insr Insurance Group undervalued compared to its fair value and its price relative to the market?
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).
How is Insr Insurance Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Insr Insurance Group performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Niclas Ward (50 yo)
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.
Experienced Management: INSR's management team is considered experienced (2.4 years average tenure).
Experienced Board: INSR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Insr Insurance Group ASA's employee growth, exchange listings and data sources
- 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
- Insr Insurance Group ASA
- OestensjOeveien 43
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/17 22:31|
|End of Day Share Price||2021/09/17 00:00|
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.