DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Insurance
Updated 1m ago
STB logo

Storebrand ASAOB:STB Stock Report

Market Cap NOK 84.0b
Updated 1m ago
Share Price
n/a
1Y30.4%
7D-2.2%
1D-0.4%
Portfolio Value
​
View

Storebrand ASA

OB:STB Stock Report

Market Cap: NOK 84.0b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Storebrand (STB) Stock Overview

Provides insurance products and services in Norway, the United States, Germany, Sweden, the United Kingdom, and internationally. More details

STB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance2/6
Financial Health1/6
Dividends2/6

Rewards

Trading at 36.2% below our estimate of its fair value

Earnings are forecast to grow 7.6% per year

Earnings have grown 13.7% per year over the past 5 years

Risk Analysis

Debt is not well covered by operating cash flow

Profit margins (4.5%) are lower than last year (9.8%)


STB Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
27.4% overvalued intrinsic discount
AnalystConsensusTarget
•9mo ago

Aggressive Share Buybacks May Jeopardize Future Earnings In Nordic Pension Market

102
0
13
AN
AnalystHighTarget
5.2% overvalued intrinsic discount
AnalystHighTarget
•1y ago

Nordic Ageing Demographics And Digitalization Will Fuel Market Expansion

17
0
4
AN
AnalystLowTarget
103.0% overvalued intrinsic discount
AnalystLowTarget
•1y ago

Nordic Legacy Exposure And Rising Regulatory Costs Will Deflate Earnings

17
0
1

Top Analyst Narratives

AN
AnalystConsensusTarget
27.4% overvalued intrinsic discount
AnalystConsensusTarget
•9mo ago

Aggressive Share Buybacks May Jeopardize Future Earnings In Nordic Pension Market

102
0
13
AN
AnalystHighTarget
5.2% overvalued intrinsic discount
AnalystHighTarget
•1y ago

Nordic Ageing Demographics And Digitalization Will Fuel Market Expansion

17
0
4
AN
AnalystLowTarget
103.0% overvalued intrinsic discount
AnalystLowTarget
•1y ago

Nordic Legacy Exposure And Rising Regulatory Costs Will Deflate Earnings

17
0
1
View all narratives

Storebrand ASA Competitors

Gjensidige Forsikring

Symbol: OB:GJF
Market cap: NOK 139.0b

Protector Forsikring

Symbol: OB:PROT
Market cap: NOK 37.9b

Primerica

Symbol: NYSE:PRI
Market cap: US$9.0b

Medibank Private

Symbol: ASX:MPL
Market cap: AU$12.7b

Price History & Performance

Summary of share price highs, lows and changes for Storebrand
Historical stock prices
Current Share PriceNOK 201.00
52 Week HighNOK 208.20
52 Week LowNOK 148.50
Beta0.53
1 Month Change-2.43%
3 Month Change15.19%
1 Year Change30.35%
3 Year Change131.30%
5 Year Change154.49%
Change since IPO298.02%

Recent News & Updates

Recent updates

Analysis Article • Feb 14

Storebrand's (OB:STB) Upcoming Dividend Will Be Larger Than Last Year's

Storebrand ASA ( OB:STB ) has announced that it will be increasing its dividend from last year's comparable payment on...
User avatar
Narrative Update • Dec 08

STB: Future Profit Margins And Leadership Changes Will Shape Outlook

Analysts have raised their price target for Storebrand from NOK 147.50 to NOK 157.75, citing stronger profit margins and a recent upgrade to Buy from Hold as key factors. Analyst Commentary Recent analyst updates reflect increasing confidence in Storebrand's earnings outlook and market positioning.
User avatar
Narrative Update • Oct 29

Aggressive Share Buybacks May Jeopardize Future Earnings In Nordic Pension Market

Analysts have significantly raised Storebrand's price target from NOK 55.86 to NOK 147.50. They cite improved profit margin projections and a recent upgrade in stock outlook as key reasons for this change.
User avatar
New Narrative • Mar 02

Regulatory And Competitive Pressures Will Erode Future Net Margins In Nordic Insurance Sector

Share buyback plans and increased dividends may boost stock expectations and signal strong cash flow, benefiting earnings stability and growth perception.

Shareholder Returns

STBNO InsuranceNO Market
7D-2.2%-2.4%0.8%
1Y30.4%12.7%22.7%

Return vs Industry: STB exceeded the Norwegian Insurance industry which returned 12.7% over the past year.

Return vs Market: STB exceeded the Norwegian Market which returned 22.7% over the past year.

Price Volatility

Is STB's price volatile compared to industry and market?
STB volatility
STB Average Weekly Movement2.4%
Insurance Industry Average Movement2.5%
Market Average Movement4.6%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.6%

Stable Share Price: STB has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: STB's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
17672,490Odd Grefstadwww.storebrand.no

Storebrand ASA provides insurance products and services in Norway, the United States, Germany, Sweden, the United Kingdom, and internationally. It operates through four segments: Savings, Insurance, Guaranteed Pensions, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.

Storebrand ASA Fundamentals Summary

How do Storebrand's earnings and revenue compare to its market cap?
STB fundamental statistics
Market capNOK 84.05b
Earnings (TTM)NOK 4.85b
Revenue (TTM)NOK 108.29b
17.3x
P/E Ratio
0.8x
P/S Ratio

Is STB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STB income statement (TTM)
RevenueNOK 108.29b
Cost of RevenueNOK 9.99b
Gross ProfitNOK 98.31b
Other ExpensesNOK 93.46b
EarningsNOK 4.85b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

Oct 21, 2026

Earnings per share (EPS)11.60
Gross Margin90.78%
Net Profit Margin4.48%
Debt/Equity Ratio194.1%

How did STB perform over the long term?

See historical performance and comparison

Dividends

2.7%
Current Dividend Yield
47%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/13 02:41
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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

Storebrand ASA is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Tryfonas SpyrouBerenberg
David BarmaBofA Global Research

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide