PROT Stock Analysis: Protector Forsikring ASA | OL

General Insurance, Reinsurance, Motor Insurance, Property Insurance

Total Rating 31

Safety 63

Buy Signal -0.63

Insurance - Specialty
Industry Rotation: -15.0

Market Cap: 4.28B
Avg Turnover: 27.1M

Risk 3d forecast

Volatility27.9%

VaR 5^th Pctl4.33%

VaR vs Median-5.34%

Reward TTM

Sharpe Ratio0.05

Rel. Str. IBD36.5

Rel. Str. Peer Group30.7

Character TTM

Beta0.415

Beta Downside0.017

Hurst Exponent0.399

Drawdowns 3y

Max DD20.14%

CAGR/Max DD2.28

CAGR/Mean DD8.24

EPS (Earnings per Share)

EPS CAGR: 21.46%
EPS Trend: 80.0%

Last SUE: 0.53
Qual. Beats: 0

Revenue

Rev. CAGR: 21.14%
Rev. Trend: 97.0%

Last SUE: 0.23
Qual. Beats: 0

Warnings

Fakeout

Below Avwap Earnings

Below Sma 200d

Tailwinds

Confidence

Seasonality 11.6 years of data

Jan +2.1% 30

Feb -4.5% 9

Mar -0.0% 5

Apr +2.4% 28

May +3.8% 10

Jun -3.5% 30

Jul +2.9% 8

Aug -1.0% 39

Sep -1.9% 40

Oct -0.4% 0

Nov +0.2% 0

Dec +1.7% 12

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.

Description: PROT Protector Forsikring ASA

Protector Forsikring ASA is a Norwegian non-life insurance company that underwrites both direct general insurance and reinsurance across six European markets: Norway, Sweden, Finland, Denmark, the United Kingdom, and France. Founded in 2003 and headquartered in Oslo, the company offers a standard property & casualty product set spanning personal, motor, property, liability, and change-of-ownership coverage.

Protector distributes exclusively through insurance brokers and agents, serving three customer segments: commercial lines, the public sector, and affinity schemes. This intermediary-led distribution is standard practice in the Nordic P&C market, and the companys reinsurance activity means it also accepts risk ceded by other insurers, diversifying revenue beyond its direct underwriting book.

Headlines to Watch Out For

Combined ratio improvement drives underwriting profit growth
UK and Nordic premium expansion accelerates top-line
High investment income boosts returns on float

Piotroski VR-10 (Strict) 4.0

Net Income: 2.08b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -0.90 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.00 > 3% & CFO -95.0m > Net Income 2.08b
Net Debt (-601.0m) to EBITDA (2.92b): -0.21 < 3
Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities)
Outstanding Shares: last quarter (82.3m) vs 12m ago -0.14% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 49.40% > 50% (prev 46.34%; Δ 3.06% > 0%)
Interest Coverage Ratio: 23.62 > 6 (EBIT TTM 2.83b / Interest Expense TTM 120.0m)

What is the price of PROT shares?

As of September 01, 2026, the stock is trading at NOK 477.80 with a total of 214,021 shares traded. Over the past week, the price has changed by -1.69%, over one month by -2.77%, over three months by +7.83% and over the past year by +4.11%.

Current recommended Stop Loss: 466.40 (which is 2.4% or 1.2 ATR below the current price).

Is PROT a buy, sell or hold?

Protector Forsikring ASA has no consensus analysts rating.

Protector Forsikring ASA (PROT) - Fundamental Data Overview as of 26 August 2026

Market Cap USD = 4.28b (40.1b NOK * 0.1067 NOK.USD)
P/E Trailing = 19.6454
P/E Forward = 18.315
P/S = 2.7715
P/B = 5.3129
P/EG = 0.3626
Revenue TTM = 14.7b NOK
EBIT TTM = 2.83b NOK
EBITDA TTM = 2.92b NOK
Long Term Debt = 2.34b NOK (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 355.0m NOK (Leases only: 355.0m)
Net Debt = -601.0m NOK (calculated: Debt 355.0m - CCE 956.0m)
Enterprise Value = 39.5b NOK (40.1b + Debt 355.0m - CCE 956.0m)
Interest Coverage Ratio = 23.62 (Ebit TTM 2.83b / Interest Expense TTM 120.0m)
EV/FCF = -196.7x (Enterprise Value 39.5b / FCF TTM -201.0m)
FCF Yield = -0.51% (FCF TTM -201.0m / Enterprise Value 39.5b)
FCF Margin = -1.37% (FCF TTM -201.0m / Revenue TTM 14.7b)
Net Margin = 14.16% (Net Income TTM 2.08b / Revenue TTM 14.7b)
Gross Margin = unknown ((Revenue TTM 14.7b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 1.32 (Enterprise Value 39.5b / Total Assets 29.8b)
Interest Expense / Debt = 33.80% (Interest Expense 120.0m / Debt 355.0m)
Taxrate = 25.57% (725.0m / 2.83b)
NOPAT = 2.11b (EBIT 2.83b * (1 - 25.57%))
Current Ratio = unknown (Total Current Assets 956.0m / Total Current Liabilities none)
Debt / Equity = 0.05 (Debt 355.0m / totalStockholderEquity, last quarter 7.41b)
Debt / EBITDA = -0.21 (Net Debt -601.0m / EBITDA 2.92b)
Debt / FCF = 2.99 (negative FCF - burning cash) (Net Debt -601.0m / FCF TTM -201.0m)
Total Stockholder Equity = 7.23b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.00% (Net Income 2.08b / Total Assets 29.8b)
RoE = 28.80% (Net Income TTM 2.08b / Total Stockholder Equity 7.23b)
RoCE = 29.62% (EBIT 2.83b / Capital Employed (Equity 7.23b + L.T.Debt 2.34b))
RoIC = unknown (NOPAT 2.11b, Invested Capital 0.0, EBIT 2.83b)
WACC = 7.60% (E(40.1b)/V(40.5b) * Re(7.44%) + D(355.0m)/V(40.5b) * Rd(33.80%) * (1-Tc(0.26)))
Discount Rate = 7.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -43.41 | Cagr: -0.08%
[DCF] Fair Price = unknown (Cash Flow -201.0m)
EPS Correlation: 79.99 | EPS CAGR: 21.46% | SUE: 0.53 | # QB: 0
Revenue Correlation: 97.00 | Revenue CAGR: 21.14% | SUE: 0.23 | # QB: 0
EPS current Quarter (2026-09-30): EPS=7.77 | Chg30d=+9.39% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=25.34 | Chg30d=+0.00% | Revisions=+29% | GrowthEPS=-20.1% | GrowthRev=+10.3%
EPS next Year (2027-12-31): EPS=28.59 | Chg30d=+0.00% | Revisions=+57% | GrowthEPS=+12.8% | GrowthRev=+11.5%
[Analyst] Revisions Ratio: +58% (up=8, down=1)