GJENSIDIGE FORSIKRING ASA (GJF.OL) Stock Fundamental Analysis
OSL:GJF - Euronext Oslo - NO0010582521 - Common Stock - Currency: NOK
GJF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 39 industry peers in the Insurance industry. Both the profitability and the financial health of GJF get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, GJF is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
GJF had positive earnings in the past year.
GJF had a positive operating cash flow in the past year.
GJF had positive earnings in each of the past 5 years.
In the past 5 years GJF always reported a positive cash flow from operatings.
1.2 Ratios
GJF has a better Return On Assets (3.76%) than 92.31% of its industry peers.
GJF has a better Return On Equity (29.23%) than 97.44% of its industry peers.
GJF has a better Return On Invested Capital (2.67%) than 79.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GJF is in line with the industry average of 2.14%.
The 3 year average ROIC (1.93%) for GJF is below the current ROIC(2.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 29.23% | ||
| ROIC | 2.67% |
ROA(3y)2.82%
ROA(5y)3.63%
ROE(3y)17.06%
ROE(5y)19.82%
ROIC(3y)1.93%
ROIC(5y)2.79%
1.3 Margins
Looking at the Profit Margin, with a value of 13.26%, GJF belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
In the last couple of years the Profit Margin of GJF has declined.
GJF has a Operating Margin of 12.49%. This is in the better half of the industry: GJF outperforms 61.54% of its industry peers.
GJF's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.49% | ||
| PM (TTM) | 13.26% | ||
| GM | N/A |
OM growth 3Y-19.51%
OM growth 5Y-11.55%
PM growth 3Y-15.37%
PM growth 5Y-10.5%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
GJF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for GJF remains at a similar level compared to 1 year ago.
Compared to 5 years ago, GJF has about the same amount of shares outstanding.
Compared to 1 year ago, GJF has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of GJF is 0.78, which is an excellent value as it means it would take GJF, only 0.78 years of fcf income to pay off all of its debts.
GJF's Debt to FCF ratio of 0.78 is amongst the best of the industry. GJF outperforms 94.87% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that GJF is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.24, GJF belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | N/A |
ROIC/WACC0.32
WACC8.48%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.12% over the past year.
Measured over the past 5 years, GJF shows a small growth in Earnings Per Share. The EPS has been growing by 0.18% on average per year.
The Revenue has grown by 33.40% in the past year. This is a very strong growth!
Measured over the past years, GJF shows a small growth in Revenue. The Revenue has been growing by 6.30% on average per year.
EPS 1Y (TTM)48.12%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%63.52%
Revenue 1Y (TTM)33.4%
Revenue growth 3Y5.89%
Revenue growth 5Y6.3%
Sales Q2Q%5.82%
3.2 Future
Based on estimates for the next years, GJF will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.92% on average per year.
The Revenue is expected to grow by 3.72% on average over the next years.
EPS Next Y27.49%
EPS Next 2Y20.33%
EPS Next 3Y14.9%
EPS Next 5Y8.92%
Revenue Next Year6.8%
Revenue Next 2Y6.47%
Revenue Next 3Y6.36%
Revenue Next 5Y3.72%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 25.44, the valuation of GJF can be described as expensive.
Based on the Price/Earnings ratio, GJF is valued a bit more expensive than the industry average as 79.49% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.19. GJF is around the same levels.
GJF is valuated rather expensively with a Price/Forward Earnings ratio of 19.35.
Based on the Price/Forward Earnings ratio, GJF is valued more expensive than 84.62% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.33. GJF is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.44 | ||
| Fwd PE | 19.35 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, GJF is valued a bit more expensive than the industry average as 64.10% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.48 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
GJF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of GJF may justify a higher PE ratio.
A more expensive valuation may be justified as GJF's earnings are expected to grow with 14.90% in the coming years.
PEG (NY)0.93
PEG (5Y)140.74
EPS Next 2Y20.33%
EPS Next 3Y14.9%
5. Dividend
5.1 Amount
GJF has a Yearly Dividend Yield of 3.44%.
GJF's Dividend Yield is slightly below the industry average, which is at 4.54.
Compared to an average S&P500 Dividend Yield of 2.35, GJF pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
5.2 History
The dividend of GJF has a limited annual growth rate of 4.27%.
Dividend Growth(5Y)4.27%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
GJF pays out 142.49% of its income as dividend. This is not a sustainable payout ratio.
The dividend of GJF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP142.49%
EPS Next 2Y20.33%
EPS Next 3Y14.9%
OSL:GJF (7/15/2025, 4:19:45 PM)
280.4
-3.4 (-1.2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners23.53%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap140.20B
Analysts55.24
Price Target236.43 (-15.68%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.44% |
Yearly Dividend8.75
Dividend Growth(5Y)4.27%
DP142.49%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.3%
Min EPS beat(2)1.35%
Max EPS beat(2)3.25%
EPS beat(4)3
Avg EPS beat(4)-2.57%
Min EPS beat(4)-19.34%
Max EPS beat(4)4.45%
EPS beat(8)3
Avg EPS beat(8)-13.14%
EPS beat(12)3
Avg EPS beat(12)-11.17%
EPS beat(16)6
Avg EPS beat(16)-4.04%
Revenue beat(2)1
Avg Revenue beat(2)-0.41%
Min Revenue beat(2)-1.04%
Max Revenue beat(2)0.22%
Revenue beat(4)3
Avg Revenue beat(4)8.5%
Min Revenue beat(4)-1.04%
Max Revenue beat(4)17.93%
Revenue beat(8)7
Avg Revenue beat(8)52.57%
Revenue beat(12)8
Avg Revenue beat(12)25.92%
Revenue beat(16)11
Avg Revenue beat(16)19.07%
PT rev (1m)0.08%
PT rev (3m)4.41%
EPS NQ rev (1m)3.33%
EPS NQ rev (3m)-5.02%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.44 | ||
| Fwd PE | 19.35 | ||
| P/S | 2.87 | ||
| P/FCF | 20.48 | ||
| P/OCF | 19.01 | ||
| P/B | 6.33 | ||
| P/tB | 9.71 | ||
| EV/EBITDA | N/A |
EPS(TTM)11.02
EY3.93%
EPS(NY)14.49
Fwd EY5.17%
FCF(TTM)13.69
FCFY4.88%
OCF(TTM)14.75
OCFY5.26%
SpS97.68
BVpS44.31
TBVpS28.88
PEG (NY)0.93
PEG (5Y)140.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.76% | ||
| ROE | 29.23% | ||
| ROCE | 3.56% | ||
| ROIC | 2.67% | ||
| ROICexc | 2.77% | ||
| ROICexgc | 5.92% | ||
| OM | 12.49% | ||
| PM (TTM) | 13.26% | ||
| GM | N/A | ||
| FCFM | 14.02% |
ROA(3y)2.82%
ROA(5y)3.63%
ROE(3y)17.06%
ROE(5y)19.82%
ROIC(3y)1.93%
ROIC(5y)2.79%
ROICexc(3y)1.98%
ROICexc(5y)2.86%
ROICexgc(3y)3.91%
ROICexgc(5y)5.08%
ROCE(3y)2.58%
ROCE(5y)3.72%
ROICexcg growth 3Y-16.12%
ROICexcg growth 5Y-7.71%
ROICexc growth 3Y-22.37%
ROICexc growth 5Y-13.66%
OM growth 3Y-19.51%
OM growth 5Y-11.55%
PM growth 3Y-15.37%
PM growth 5Y-10.5%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.78 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 1.09% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 105.7% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC8.48%
ROIC/WACC0.32
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.69%
Cap/Sales(5y)1.7%
Profit Quality(3y)74.13%
Profit Quality(5y)90.21%
High Growth Momentum
Growth
EPS 1Y (TTM)48.12%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%63.52%
EPS Next Y27.49%
EPS Next 2Y20.33%
EPS Next 3Y14.9%
EPS Next 5Y8.92%
Revenue 1Y (TTM)33.4%
Revenue growth 3Y5.89%
Revenue growth 5Y6.3%
Sales Q2Q%5.82%
Revenue Next Year6.8%
Revenue Next 2Y6.47%
Revenue Next 3Y6.36%
Revenue Next 5Y3.72%
EBIT growth 1Y181.86%
EBIT growth 3Y-14.76%
EBIT growth 5Y-5.98%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y25.22%
FCF growth 3Y-16.85%
FCF growth 5YN/A
OCF growth 1Y20.83%
OCF growth 3Y-16.08%
OCF growth 5YN/A