ALMB Stock Analysis: Alm. Brand | CO
Insurance - Diversified | CO, Denmark | Market Cap: 22.134m DKK | 12M Return: -6.7% | DK0015250344 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.4M
EPS Trend: 90.8%
Qual. Beats: 1
Rev. Trend: -71.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Alm. Brand A/S is a Danish non-life insurance provider offering a broad portfolio of personal and commercial products, including car, home, travel, accident, health, and specialty lines such as pet, drone, and cyber insurance. The company serves private households, agricultural clients, small and medium-sized enterprises, and larger corporates through its own sales channels and partnerships. Founded in 1792 and headquartered in Copenhagen, Alm. Brand is one of Denmarks longest-established insurers.
Operating within the Property & Casualty Insurance sub-industry, Alm. Brand generates revenue primarily through premium underwriting across personal and commercial lines, with profitability driven by loss ratios, expense management, and investment income on float. Denmarks insurance market is concentrated among a few large domestic players, and Alm. Brand competes alongside both local incumbents and pan-Nordic groups.
- Combined ratio improvement drives underwriting profitability
- Rising interest rates lift investment portfolio yields
- Severe weather and storm losses pressure claims ratio
| Net Income: 920.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 5.44 > 1.0 |
| NWC/Revenue: 2.13% < 20% (prev -117.4%; Δ 119.5% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.75b > Net Income 920.0m |
| Net Debt (1.73b) to EBITDA (1.79b): 0.97 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (1.38b) vs 12m ago -4.16% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 39.30% > 50% (prev 39.93%; Δ -0.63% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.01 (Total Current Assets 278.0m - Total Current Liabilities 0.0) / Total Assets 32.8b |
| B: 0.25 (Retained Earnings 8.10b / Total Assets 32.8b) |
| C: 0.04 (EBIT TTM 1.41b / Avg Total Assets 33.2b) |
| D: 0.50 (Book Value of Equity 11.0b / Total Liabilities 21.8b) |
| Altman-Z'' = 1.67 = BB |
| DSRI: 0.10 (Receivables 12.0m/591.0m, Revenue 13.1b/13.5b) |
| GMI: 0.96 (GM 96.08% / 100.0%) |
| AQI: 1.01 (AQ_t 0.97 / AQ_t-1 0.96) |
| SGI: 0.97 (Revenue 13.1b / 13.5b) |
| TATA: -0.03 (NI 920.0m - CFO 1.75b) / TA 32.8b) |
| Beneish M = -3.82 (Cap -4..+1) = AAA |
As of October 09, 2026, the stock is trading at DKK 16.12 with a total of 990,561 shares traded. Over the past week, the price has changed by -1.35%, over one month by -6.01%, over three months by -2.07% and over the past year by -6.72%.
Current recommended Stop Loss: 15.60 (which is 3.2% or 1.5 ATR below the current price).
Alm. Brand has no consensus analysts rating.
P/E Trailing = 28.1034
P/E Forward = 16.3666
P/S = 1.611
P/B = 2.0504
Revenue TTM = 13.1b DKK
EBIT TTM = 1.41b DKK
EBITDA TTM = 1.79b DKK
Long Term Debt = 1.42b DKK (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 2.00b DKK (from shortLongTermDebtTotal, last quarter) + Leases 575.0m
Net Debt = 1.73b DKK (calculated: Debt 2.00b - CCE 266.0m)
Enterprise Value = 23.9b DKK (22.1b + Debt 2.00b - CCE 266.0m)
Interest Coverage Ratio = unknown (Ebit TTM 1.41b / Interest Expense TTM 0.0)
EV/FCF = 14.08x (Enterprise Value 23.9b / FCF TTM 1.70b)
FCF Yield = 7.10% (FCF TTM 1.70b / Enterprise Value 23.9b)
FCF Margin = 12.97% (FCF TTM 1.70b / Revenue TTM 13.1b)
Net Margin = 7.04% (Net Income TTM 920.0m / Revenue TTM 13.1b)
Gross Margin = unknown ((Revenue TTM 13.1b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.73 (Enterprise Value 23.9b / Total Assets 32.8b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 2.00b)
Taxrate = 26.69% (335.0m / 1.25b)
NOPAT = 1.03b (EBIT 1.41b * (1 - 26.69%))
Current Ratio = unknown (Total Current Assets 278.0m / Total Current Liabilities 0.0)
Debt / Equity = 0.18 (Debt 2.00b / totalStockholderEquity, last quarter 11.0b)
Debt / EBITDA = 0.97 (Net Debt 1.73b / EBITDA 1.79b)
Debt / FCF = 1.02 (Net Debt 1.73b / FCF TTM 1.70b)
Total Stockholder Equity = 11.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.77% (Net Income 920.0m / Total Assets 32.8b)
RoE = 7.80% (Net Income TTM 920.0m / Total Stockholder Equity 11.8b)
RoCE = 10.64% (EBIT 1.41b / Capital Employed (Equity 11.8b + L.T.Debt 1.42b))
RoIC = 4.32% (EBIT 1.41b / (Assets 32.8b - Curr.Liab 0.0 - Cash 266.0m))
WACC = 5.75% (E(22.1b)/V(24.1b) * Re(6.27%) + D(2.00b)/V(24.1b) * Rd(0.0%) * (1-Tc(0.27)))
Discount Rate = 6.27% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.31 | Cagr: -4.59%
[DCF] Terminal Value 75.44% ; FCFF base≈1.70b ; Y1≈1.70b ; Y5≈1.80b
[DCF] Fair Price = 19.38 (EV 28.0b - Net Debt 1.73b = Equity 26.3b / Shares 1.36b; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 90.78 | EPS CAGR: 22.39% | SUE: 4.0 | # QB: 1
Revenue Correlation: -71.09 | Revenue CAGR: -1.65% | SUE: 0.37 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.31 | Chg30d=-5.13% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=1.04 | Chg30d=-1.15% | Revisions=+57% | GrowthEPS=-12.8% | GrowthRev=+2.1%
EPS next Year (2027-12-31): EPS=1.29 | Chg30d=+0.02% | Revisions=+50% | GrowthEPS=+24.0% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +55% (up=7, down=1)