(GJF) Gjensidige Forsikring ASA - OL
Sector: Financial Services | Industry: Insurance - Property & Casualty | Exchange: OL (Norway) | Market Cap: 131.891m NOK | Total Return: 13.9% in 12m
Avg Turnover: 79.2M
EPS Trend: 87.6%
Qual. Beats: 0
Rev. Trend: 95.7%
Qual. Beats: 0
Warnings
Extended 1w
Tailwinds
No distinct edge detected
Gjensidige Forsikring ASA is a Norway-based financial services provider specializing in general insurance and pension products across the Nordic and Baltic regions. Founded in 1816, the company operates through four primary segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, and Pension. Its portfolio includes comprehensive property and casualty (P&C) coverage, life insurance, and defined contribution occupational pension schemes.
The company utilizes a multi-channel distribution model, reaching private, commercial, and agricultural clients through digital platforms, direct call centers, and external brokers. In the P&C insurance sector, companies typically generate revenue through underwriting premiums and investment income from the float, which is the capital held between the collection of premiums and the payment of claims.
Gjensidiges business model is characterized by high geographical concentration in the Nordic market, where established insurers often benefit from high customer loyalty and data-driven risk pricing. As a provider of both non-life and pension products, the firm manages diversified risk pools ranging from short-tail motor and travel insurance to long-term disability and retirement obligations.
- Claims inflation and weather events pressure Nordic non-life underwriting margins
- Tightening reinsurance market costs impact net insurance service results
- Solvency II ratio and capital distribution capacity drive dividend yield
- Pension segment assets under management growth improves fee-based revenue streams
| Net Income: 6.68b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.77 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA 0.04 > 3% & CFO 6.85b > Net Income 6.68b |
| Net Debt (-10.6b) to EBITDA (8.48b): -1.26 < 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: 24.01% > 50% (prev 24.62%; Δ -0.61% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
As of June 20, 2026, the stock is trading at NOK 266.40 with a total of 566,001 shares traded.
Over the past week, the price has changed by +4.49%,
over one month by +3.11%,
over three months by +5.10% and
over the past year by +13.88%.
Gjensidige Forsikring ASA has no consensus analysts rating.
P/E Trailing = 20.2456
P/E Forward = 17.0068
P/S = 2.8144
P/B = 6.012
P/EG = 1.6162
Revenue TTM = 44.1b NOK
EBIT TTM = 8.48b NOK
EBITDA TTM = 8.48b NOK
Long Term Debt = 4.09b NOK (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 1.25b NOK (Leases only: 1.25b)
Net Debt = -10.6b NOK (calculated: Debt 1.25b - CCE 11.9b)
Enterprise Value = 121b NOK (132b + Debt 1.25b - CCE 11.9b)
Interest Coverage Ratio = unknown (Ebit TTM 8.48b / Interest Expense TTM 0.0)
EV/FCF = 19.36x (Enterprise Value 121b / FCF TTM 6.26b)
FCF Yield = 5.17% (FCF TTM 6.26b / Enterprise Value 121b)
FCF Margin = 14.20% (FCF TTM 6.26b / Revenue TTM 44.1b)
Net Margin = 15.14% (Net Income TTM 6.68b / Revenue TTM 44.1b)
Gross Margin = unknown ((Revenue TTM 44.1b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.62 (Enterprise Value 121b / Total Assets 195b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 1.25b)
Taxrate = 24.53% (2.08b / 8.48b)
NOPAT = 6.40b (EBIT 8.48b * (1 - 24.53%))
Current Ratio = unknown (Total Current Assets 11.9b / Total Current Liabilities none)
Debt / Equity = 0.06 (Debt 1.25b / totalStockholderEquity, last quarter 21.9b)
Debt / EBITDA = -1.26 (Net Debt -10.6b / EBITDA 8.48b)
Debt / FCF = -1.70 (Net Debt -10.6b / FCF TTM 6.26b)
Total Stockholder Equity = 24.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.64% (Net Income 6.68b / Total Assets 195b)
RoE = 27.51% (Net Income TTM 6.68b / Total Stockholder Equity 24.3b)
RoCE = 29.90% (EBIT 8.48b / Capital Employed (Equity 24.3b + L.T.Debt 4.09b))
RoIC = unknown (NOPAT 6.40b, Invested Capital 0.0, EBIT 8.48b)
WACC = 6.15% (E(132b)/V(133b) * Re(6.21%) + D(1.25b)/V(133b) * Rd(0.0%) * (1-Tc(0.25)))
Discount Rate = 6.21% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 14.91 | Cagr: 0.90%
[DCF] Terminal Value 74.21% ; FCFF base≈6.49b ; Y1≈6.06b ; Y5≈5.54b
[DCF] Fair Price = 196.4 (EV 87.5b - Net Debt -10.6b = Equity 98.2b / Shares 500.0m; r=8.35% [WACC [floored]]; 5y FCF grow -8.48% → 2.50% )
EPS Correlation: 87.61 | EPS CAGR: 21.21% | SUE: -0.24 | # QB: 0
Revenue Correlation: 95.67 | Revenue CAGR: 10.84% | SUE: 0.15 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.57 | Chg30d=-12.27% | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=4.46 | Chg30d=-2.99% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=15.49 | Chg30d=+0.21% | Revisions=-20% | GrowthEPS=+23.4% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=17.15 | Chg30d=-0.14% | Revisions=+27% | GrowthEPS=+10.7% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +27%