GJENSIDIGE FORSIKRING ASA (GJF.OL) Stock Fundamental Analysis
OSL:GJF - Euronext Oslo - NO0010582521 - Common Stock - Currency: NOK
We assign a fundamental rating of 4 out of 10 to GJF. GJF was compared to 33 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
In the past year GJF was profitable.
GJF had a positive operating cash flow in the past year.
Each year in the past 5 years GJF has been profitable.
Each year in the past 5 years GJF had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.48%, GJF belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
GJF has a Return On Equity of 22.92%. This is amongst the best in the industry. GJF outperforms 91.67% of its industry peers.
GJF has a better Return On Invested Capital (2.22%) than 69.44% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GJF is in line with the industry average of 2.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 22.92% | ||
| ROIC | 2.22% |
ROA(3y)3.93%
ROA(5y)4.29%
ROE(3y)22.96%
ROE(5y)23.36%
ROIC(3y)2.68%
ROIC(5y)3.24%
1.3 Margins
GJF's Profit Margin of 12.37% is fine compared to the rest of the industry. GJF outperforms 75.00% of its industry peers.
GJF's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 10.42%, GJF is in line with its industry, outperforming 50.00% of the companies in the same industry.
GJF's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.42% | ||
| PM (TTM) | 12.37% | ||
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GJF is destroying value.
GJF has about the same amout of shares outstanding than it did 1 year ago.
GJF has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for GJF is higher compared to a year ago.
2.2 Solvency
GJF has a debt to FCF ratio of 1.45. This is a very positive value and a sign of high solvency as it would only need 1.45 years to pay back of all of its debts.
GJF's Debt to FCF ratio of 1.45 is amongst the best of the industry. GJF outperforms 80.56% of its industry peers.
A Debt/Equity ratio of 0.21 indicates that GJF is not too dependend on debt financing.
GJF's Debt to Equity ratio of 0.21 is amongst the best of the industry. GJF outperforms 88.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.45 | ||
| Altman-Z | N/A |
ROIC/WACC0.27
WACC8.33%
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 23.43% over the past year.
The Earnings Per Share has been growing slightly by 0.18% on average over the past years.
Looking at the last year, GJF shows a very strong growth in Revenue. The Revenue has grown by 34.49%.
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)23.43%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%9.17%
Revenue 1Y (TTM)34.49%
Revenue growth 3Y5.89%
Revenue growth 5Y6.3%
Sales Q2Q%8.03%
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 8.20% on average per year.
GJF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.02% yearly.
EPS Next Y27.89%
EPS Next 2Y19.83%
EPS Next 3Y15.26%
EPS Next 5Y8.2%
Revenue Next Year6.95%
Revenue Next 2Y6.18%
Revenue Next 3Y5.6%
Revenue Next 5Y4.02%
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 22.94, the valuation of GJF can be described as rather expensive.
Based on the Price/Earnings ratio, GJF is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 29.35, GJF is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 17.93, the valuation of GJF can be described as rather expensive.
Based on the Price/Forward Earnings ratio, GJF is valued more expensive than 88.89% of the companies in the same industry.
GJF is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.94 | ||
| Fwd PE | 17.93 |
4.2 Price Multiples
GJF's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. GJF is more expensive than 69.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.75 | ||
| 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.
GJF's earnings are expected to grow with 15.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.82
PEG (5Y)126.87
EPS Next 2Y19.83%
EPS Next 3Y15.26%
5. Dividend
5.1 Amount
GJF has a Yearly Dividend Yield of 3.91%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.64, GJF has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, GJF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
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 73.38% 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.
DP73.38%
EPS Next 2Y19.83%
EPS Next 3Y15.26%
OSL:GJF (3/7/2025, 7:00:00 PM)
229.6
-0.6 (-0.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners18.65%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap114.80B
Analysts65
Price Target223.73 (-2.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Yearly Dividend8.75
Dividend Growth(5Y)4.27%
DP73.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.85%
Min EPS beat(2)3.25%
Max EPS beat(2)4.45%
EPS beat(4)2
Avg EPS beat(4)-4.08%
Min EPS beat(4)-19.34%
Max EPS beat(4)4.45%
EPS beat(8)2
Avg EPS beat(8)-13.76%
EPS beat(12)2
Avg EPS beat(12)-12.1%
EPS beat(16)6
Avg EPS beat(16)-3.12%
Revenue beat(2)2
Avg Revenue beat(2)9.08%
Min Revenue beat(2)0.22%
Max Revenue beat(2)17.93%
Revenue beat(4)4
Avg Revenue beat(4)9.84%
Min Revenue beat(4)0.22%
Max Revenue beat(4)17.93%
Revenue beat(8)7
Avg Revenue beat(8)45.89%
Revenue beat(12)8
Avg Revenue beat(12)22.36%
Revenue beat(16)12
Avg Revenue beat(16)19.73%
PT rev (1m)3.77%
PT rev (3m)9.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)8.56%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)2.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)5.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.94 | ||
| Fwd PE | 17.93 | ||
| P/S | 2.38 | ||
| P/FCF | 30.75 | ||
| P/OCF | 27.64 | ||
| P/B | 4.41 | ||
| P/tB | 6.3 | ||
| EV/EBITDA | N/A |
EPS(TTM)10.01
EY4.36%
EPS(NY)12.8
Fwd EY5.58%
FCF(TTM)7.47
FCFY3.25%
OCF(TTM)8.31
OCFY3.62%
SpS96.43
BVpS52.01
TBVpS36.44
PEG (NY)0.82
PEG (5Y)126.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.48% | ||
| ROE | 22.92% | ||
| ROCE | 2.96% | ||
| ROIC | 2.22% | ||
| ROICexc | 2.27% | ||
| ROICexgc | 4.79% | ||
| OM | 10.42% | ||
| PM (TTM) | 12.37% | ||
| GM | N/A | ||
| FCFM | 7.74% |
ROA(3y)3.93%
ROA(5y)4.29%
ROE(3y)22.96%
ROE(5y)23.36%
ROIC(3y)2.68%
ROIC(5y)3.24%
ROICexc(3y)2.75%
ROICexc(5y)3.32%
ROICexgc(3y)5.3%
ROICexgc(5y)5.91%
ROCE(3y)3.57%
ROCE(5y)4.32%
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-Score6
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.21 | ||
| Debt/FCF | 1.45 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 62.62% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC8.33%
ROIC/WACC0.27
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)1.32%
Cap/Sales(5y)1.48%
Profit Quality(3y)65.04%
Profit Quality(5y)84.75%
High Growth Momentum
Growth
EPS 1Y (TTM)23.43%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%9.17%
EPS Next Y27.89%
EPS Next 2Y19.83%
EPS Next 3Y15.26%
EPS Next 5Y8.2%
Revenue 1Y (TTM)34.49%
Revenue growth 3Y5.89%
Revenue growth 5Y6.3%
Sales Q2Q%8.03%
Revenue Next Year6.95%
Revenue Next 2Y6.18%
Revenue Next 3Y5.6%
Revenue Next 5Y4.02%
EBIT growth 1Y52.21%
EBIT growth 3Y-14.76%
EBIT growth 5Y-5.98%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-9.99%
FCF growth 3Y-16.85%
FCF growth 5YN/A
OCF growth 1Y-14.63%
OCF growth 3Y-16.08%
OCF growth 5YN/A