Gjensidige Forsikring ASA

$ 266.40 0.45 %

Gjensidige Forsikring ASA offers a comprehensive suite of general insurance and pension solutions across Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The firm organizes its operations into six primary divisions: General Insurance for private clients, General Insurance for commercial entities, dedicated General Insurance units for Denmark and Sweden, a General Insurance division covering the Baltics, and a specific Pension segment. Its extensive product range spans motor, home, accident and health, travel, leisure craft, boat, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance policies. Additionally, Gjensidige provides defined contribution occupational pension plans for businesses, which often include provisions for disability, spousal/cohabitant, and children's pensions. These offerings reach both individual and corporate customers through diverse distribution channels, including physical offices, call centers, online platforms, strategic partners, and independent brokers. Established in 1816, the company's main corporate office is situated in Oslo, Norway.

CEO: Geir Holmgren - https://www.gjensidige.no

Price objectif

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Recommandation

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DCF

$ 479.69

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GJF.OL vs S&P500

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Quick ratio

61.12

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

20.45

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

13.03

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

29.66 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

3.79 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

5.10

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.28

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

10.26

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

2.10 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
5 indicates moderate financial health
Altman score
0.97 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
36.42 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.03 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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