STB Stock Analysis: Storebrand ASA | OL
Financial Conglomerates | OL, Norway | Market Cap: 80.989m NOK | 12M Return: 25.2% | NO0003053605 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 120M
EPS Trend: 51.5%
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
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.
Storebrand ASA is a Norwegian financial group founded in 1767 and headquartered in Lysaker, Norway, operating across Norway, the United States, Germany, Sweden, the United Kingdom, and other international markets. The company runs four business segments: Savings (retirement savings, defined contribution pensions, asset management, and retail banking), Insurance (personal, non-life, personal risk, and pension-related insurance), Guaranteed Pensions (long-term pension savings such as defined contribution pensions, paid-up policies, and individual capital and pension insurance), and Other (life insurance). Its customers include private individuals, businesses, public enterprises, and corporate and retail market clients.
Listed on the Oslo Stock Exchange (OL) under the ticker STB, Storebrand is classified within the Life & Health Insurance sub-industry of the Financials sector and carries a mid-cap market capitalization of approximately $8.5 billion USD. As one of Norways largest life insurance and pension providers, the company benefits from the Nordic regions well-established occupational pension system, which underpins sustained demand for long-term savings and guaranteed pension products.
- Savings segment AUM growth lifts fee income margins
- Falling Norwegian rates pressure Guaranteed Pension spread returns
- Insurance underwriting profit rises on disciplined pricing
| Net Income: 4.49b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 0.02 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA 0.00 > 3% & CFO 4.71b > Net Income 4.49b |
| Net Debt (-10.4b) to EBITDA (10.9b): -0.96 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (416.1m) vs 12m ago -2.35% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 8.54% > 50% (prev 0.60%; Δ 7.94% > 0%) |
| Interest Coverage Ratio: 2.47 > 6 (EBIT TTM 10.6b / Interest Expense TTM 4.28b) |
As of November 03, 2026, the stock is trading at NOK 193.30 with a total of 657,249 shares traded. Over the past week, the price has changed by +0.89%, over one month by +0.42%, over three months by -4.02% and over the past year by +25.20%.
Current recommended Stop Loss: 189.00 (which is 2.2% or 1.3 ATR below the current price).
Storebrand ASA has no consensus analysts rating.
P/E Trailing = 18.51
P/E Forward = 13.459
P/S = 0.823
P/B = 2.482
P/EG = 3.4566
Revenue TTM = 88.5b NOK
EBIT TTM = 10.6b NOK
EBITDA TTM = 10.9b NOK
Long Term Debt = 59.5b NOK (from longTermDebt, last quarter)
Short Term Debt = 1.86b NOK (from shortLongTermDebt, last quarter)
Debt = 1.11b NOK (Leases only: 1.11b)
Net Debt = -10.4b NOK (calculated: Debt 1.11b - CCE 11.5b)
Enterprise Value = 70.6b NOK (81.0b + Debt 1.11b - CCE 11.5b)
Interest Coverage Ratio = 2.47 (Ebit TTM 10.6b / Interest Expense TTM 4.28b)
EV/FCF = 32.21x (Enterprise Value 70.6b / FCF TTM 2.19b)
FCF Yield = 3.11% (FCF TTM 2.19b / Enterprise Value 70.6b)
FCF Margin = 2.48% (FCF TTM 2.19b / Revenue TTM 88.5b)
Net Margin = 5.08% (Net Income TTM 4.49b / Revenue TTM 88.5b)
Gross Margin = unknown ((Revenue TTM 88.5b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.07 (Enterprise Value 70.6b / Total Assets 1030b)
Interest Expense / Debt = 385.7% (Interest Expense 4.28b / Debt 1.11b)
Taxrate = 25.34% (1.53b / 6.02b)
NOPAT = 7.88b (EBIT 10.6b * (1 - 25.34%))
Current Ratio = unknown (Total Current Assets 11.5b / Total Current Liabilities none)
Debt / Equity = 0.03 (Debt 1.11b / totalStockholderEquity, last quarter 32.8b)
Debt / EBITDA = -0.96 (Net Debt -10.4b / EBITDA 10.9b)
Debt / FCF = -4.76 (Net Debt -10.4b / FCF TTM 2.19b)
Total Stockholder Equity = 33.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.43% (Net Income 4.49b / Total Assets 1030b)
RoE = 13.63% (Net Income TTM 4.49b / Total Stockholder Equity 33.0b)
RoCE = 11.42% (EBIT 10.6b / Capital Employed (Equity 33.0b + L.T.Debt 59.5b))
RoIC = unknown (NOPAT 7.88b, Invested Capital 0.0, EBIT 10.6b)
WACC = 6.45% (E(81.0b)/V(82.1b) * Re(6.54%) + (debt cost/tax rate unavailable))
Discount Rate = 6.54% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 13.19 | Cagr: 0.37%
[DCF] Terminal Value 76.68% ; FCFF base≈2.11b ; Y1≈2.30b ; Y5≈2.86b
[DCF] Fair Price = 129.6 (EV 43.7b - Net Debt -10.4b = Equity 54.2b / Shares 417.9m; r=8.35% [WACC [floored]]; 5y FCF grow 10.16% → 2.50% )
EPS Correlation: 51.53 | EPS CAGR: 7.62% | SUE: -0.57 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.30 | # QB: 0
EPS current Quarter (2027-03-31): EPS=3.01 | Chg30d=-1.58% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=11.53 | Chg30d=-2.72% | Revisions=-40% | GrowthEPS=+2.5% | GrowthRev=+5.8%
EPS next Year (2027-12-31): EPS=13.52 | Chg30d=+0.60% | Revisions=+0% | GrowthEPS=+17.3% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: -38% (up=1, down=4)