GJF Stock Analysis: Gjensidige Forsikring ASA | OL
Insurance - Property & Casualty | OL, Norway | Market Cap: 129.391m NOK | 12M Return: -9.4% | NO0010582521 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 75.6M
EPS Trend: 92.8%
Qual. Beats: 0
Rev. Trend: 95.3%
Qual. Beats: 1
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.
Gjensidige Forsikring ASA is a Nordic insurance and pension provider headquartered in Oslo, Norway, founded in 1816. The company operates across seven countries-Norway, Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia-and is organized into four reporting segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, and Pension.
Its product portfolio is broad, covering motor, property, travel, accident and health, liability, marine, aviation, workers compensation, and life insurance, alongside non-proportional non-life reinsurance. On the pension side, Gjensidige offers defined contribution occupational schemes (covering disability, spouse/cohabitant, and childs pensions) and individual pension savings agreements.
Distribution is multi-channel, combining customer service centres, offices, call centres, internet platforms, partners, agents, and external brokers to serve private, commercial, and agricultural customers. As a Property & Casualty insurer, Gjensidige earns revenue primarily through premiums collected in advance and invested until claims are paid, with underwriting profitability driven by risk selection, pricing, and claims management across its Nordic and Baltic footprint.
- Norwegian weather claims swing quarterly combined ratio
- Sweden general insurance expansion accelerates premium growth
- Higher interest rates lift pension and investment income
| 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 October 09, 2026, the stock is trading at NOK 247.60 with a total of 254,186 shares traded. Over the past week, the price has changed by -2.29%, over one month by -10.87%, over three months by -9.96% and over the past year by -9.39%.
Current recommended Stop Loss: 242.20 (which is 2.2% or 1.2 ATR below the current price).
Gjensidige Forsikring ASA has no consensus analysts rating.
P/E Trailing = 20.2346
P/E Forward = 14.6843
P/S = 2.8375
P/B = 5.5807
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 = 126b NOK (129b + Debt 1.26b - CCE 4.51b)
Interest Coverage Ratio = unknown (Ebit TTM 9.55b / Interest Expense TTM 0.0)
EV/FCF = 20.14x (Enterprise Value 126b / FCF TTM 6.26b)
FCF Yield = 4.96% (FCF TTM 6.26b / Enterprise Value 126b)
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 = 0.64 (Enterprise Value 126b / 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 = 5.54% (E(129b)/V(131b) * Re(5.59%) + D(1.26b)/V(131b) * Rd(0.0%) * (1-Tc(0.24)))
Discount Rate = 5.59% (= 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=4.47 | Chg30d=+0.11% | Revisions=+25% | Analysts=5
EPS current Year (2026-12-31): EPS=15.65 | Chg30d=+0.16% | Revisions=-25% | GrowthEPS=+24.7% | GrowthRev=+5.9%
EPS next Year (2027-12-31): EPS=17.23 | Chg30d=+0.05% | Revisions=+50% | GrowthEPS=+10.1% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +38% (up=4, down=1)