GJF Stock Analysis: Gjensidige Forsikring ASA | OL
Insurance - Property & Casualty | OL, Norway | Market Cap: 140.790m NOK | 12M Return: 3.5% | NO0010582521 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 51.1M
EPS Trend: 92.8%
Qual. Beats: 0
Rev. Trend: 95.3%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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.
Gjensidige Forsikring ASA is a Nordic insurance and pension provider headquartered in Oslo, Norway, with operations across Norway, Sweden, Denmark, Finland, and the Baltic states (Latvia, Lithuania, and Estonia). Founded in 1816, the company operates through four reporting segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, and Pension. Its product range covers a broad spectrum of general insurance lines, including motor, property, travel, accident and health, liability, marine, aviation, and workers compensation, alongside life insurance and non-proportional reinsurance.
In addition to its insurance offerings, Gjensidige provides defined contribution occupational pension schemes for businesses and individual pension savings products. The company distributes through a multi-channel network that includes customer service centres, offices, call centres, online platforms, partners, agents, and external brokers, serving private individuals as well as commercial and agricultural customers.
As a Property & Casualty Insurer classified within the Financials sector, Gjensidiges business model relies on collecting premiums, pooling risk across its Nordic and Baltic customer base, and generating investment income from underwriting float. The combination of general insurance and pension products allows the company to diversify revenue across shorter-term P&C underwriting cycles and longer-duration savings and retirement contracts, which is a common structural feature of large Nordic financial groups.
- Combined ratio improves on Nordic pricing actions
- Investment income benefits from higher Norwegian interest rates
- Sweden segment drives Nordic geographic expansion
| Net Income: 7.46b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.29 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA 0.03 > 3% & CFO 6.68b > Net Income 7.46b |
| Net Debt (-3.25b) to EBITDA (9.55b): -0.34 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (500.0m) vs 12m ago 0.00% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 23.99% > 50% (prev 22.60%; Δ 1.39% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
As of August 25, 2026, the stock is trading at NOK 280.00 with a total of 204,675 shares traded. Over the past week, the price has changed by -0.71%, over one month by +0.36%, over three months by +8.36% and over the past year by +3.46%.
Current recommended Stop Loss: 275.20 (which is 1.7% or 1.3 ATR below the current price).
Gjensidige Forsikring ASA has no consensus analysts rating.
P/E Trailing = 22.0172
P/E Forward = 17.1527
P/S = 2.9596
P/B = 5.9624
P/EG = 1.6162
Revenue TTM = 45.8b NOK
EBIT TTM = 9.55b NOK
EBITDA TTM = 9.55b NOK
Long Term Debt = 4.09b NOK (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 1.26b NOK (Leases only: 1.26b)
Net Debt = -3.25b NOK (calculated: Debt 1.26b - CCE 4.51b)
Enterprise Value = 138b NOK (141b + Debt 1.26b - CCE 4.51b)
Interest Coverage Ratio = unknown (Ebit TTM 9.55b / Interest Expense TTM 0.0)
EV/FCF = 21.96x (Enterprise Value 138b / FCF TTM 6.26b)
FCF Yield = 4.55% (FCF TTM 6.26b / Enterprise Value 138b)
FCF Margin = 13.68% (FCF TTM 6.26b / Revenue TTM 45.8b)
Net Margin = 16.30% (Net Income TTM 7.46b / Revenue TTM 45.8b)
Gross Margin = unknown ((Revenue TTM 45.8b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.69 (Enterprise Value 138b / Total Assets 198b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 1.26b)
Taxrate = 24.37% (2.33b / 9.55b)
NOPAT = 7.23b (EBIT 9.55b * (1 - 24.37%))
Current Ratio = unknown (Total Current Assets 4.54b / Total Current Liabilities none)
Debt / Equity = 0.05 (Debt 1.26b / totalStockholderEquity, last quarter 23.3b)
Debt / EBITDA = -0.34 (Net Debt -3.25b / EBITDA 9.55b)
Debt / FCF = -0.52 (Net Debt -3.25b / FCF TTM 6.26b)
Total Stockholder Equity = 24.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.91% (Net Income 7.46b / Total Assets 198b)
RoE = 30.39% (Net Income TTM 7.46b / Total Stockholder Equity 24.6b)
RoCE = 33.34% (EBIT 9.55b / Capital Employed (Equity 24.6b + L.T.Debt 4.09b))
RoIC = unknown (NOPAT 7.23b, Invested Capital 0.0, EBIT 9.55b)
WACC = 5.68% (E(141b)/V(142b) * Re(5.73%) + D(1.26b)/V(142b) * Rd(0.0%) * (1-Tc(0.24)))
Discount Rate = 5.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 48.61 | Cagr: 0.90%
[DCF] Terminal Value 75.31% ; FCFF base≈6.29b ; Y1≈6.26b ; Y5≈6.52b
[DCF] Fair Price = 209.8 (EV 102b - Net Debt -3.25b = Equity 105b / Shares 500.0m; r=8.35% [WACC [floored]]; 5y FCF grow -0.98% → 2.50% )
EPS Correlation: 92.81 | EPS CAGR: 23.81% | SUE: -0.64 | # QB: 0
Revenue Correlation: 95.31 | Revenue CAGR: 10.12% | SUE: 1.03 | # QB: 1
EPS current Quarter (2026-09-30): EPS=4.46 | Chg30d=-0.01% | Revisions=+40% | Analysts=5
EPS current Year (2026-12-31): EPS=15.63 | Chg30d=+0.67% | Revisions=+22% | GrowthEPS=+24.5% | GrowthRev=+6.0%
EPS next Year (2027-12-31): EPS=17.22 | Chg30d=+0.06% | Revisions=+55% | GrowthEPS=+10.2% | GrowthRev=+5.7%
[Analyst] Revisions Ratio: +53% (up=13, down=3)