GJENSIDIGE FORSIKRING ASA (GJF.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:GJF - NO0010582521 - Common Stock
272.6 NOK
+7.2 (+2.71%)
Overall GJF gets a fundamental rating of 5 out of 10. We evaluated GJF against 48 industry peers in the Insurance industry. GJF has an average financial health and profitability rating. GJF is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year GJF was profitable.
- GJF had a positive operating cash flow in the past year.
- In the past 5 years GJF has always been profitable.
- In the past 5 years GJF always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of GJF (3.40%) is better than 75.00% of its industry peers.
- GJF has a Return On Equity of 23.75%. This is amongst the best in the industry. GJF outperforms 89.58% of its industry peers.
- GJF's Return On Invested Capital of 2.54% is fine compared to the rest of the industry. GJF outperforms 68.75% of its industry peers.
- GJF had an Average Return On Invested Capital over the past 3 years of 1.93%. This is in line with the industry average of 2.74%.
- The last Return On Invested Capital (2.54%) for GJF is above the 3 year average (1.93%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.4% | ||
| ROE | 23.75% | ||
| ROIC | 2.54% |
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
- GJF has a Profit Margin of 15.56%. This is amongst the best in the industry. GJF outperforms 87.50% of its industry peers.
- GJF's Profit Margin has declined in the last couple of years.
- GJF's Operating Margin of 15.34% is fine compared to the rest of the industry. GJF outperforms 68.75% of its industry peers.
- GJF's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.34% | ||
| PM (TTM) | 15.56% | ||
| 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.
- 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 0.93, which is an excellent value as it means it would take GJF, only 0.93 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of GJF (0.93) is better than 91.67% of its industry peers.
- A Debt/Equity ratio of 0.20 indicates that GJF is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.20, GJF belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | N/A |
ROIC/WACC0.3
WACC8.4%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- GJF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 28.85%, which is quite impressive.
- 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 negative growth in Revenue. The Revenue has decreased by -15.07% in the last year.
- GJF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.30% yearly.
EPS 1Y (TTM)28.85%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%-5.72%
Revenue 1Y (TTM)-15.07%
Revenue growth 3Y5.89%
Revenue growth 5Y6.3%
Sales Q2Q%13.73%
3.2 Future
- The Earnings Per Share is expected to grow by 12.32% on average over the next years. This is quite good.
- GJF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.52% yearly.
EPS Next Y37.76%
EPS Next 2Y25.85%
EPS Next 3Y18.84%
EPS Next 5Y12.32%
Revenue Next Year8.7%
Revenue Next 2Y8.21%
Revenue Next 3Y7.22%
Revenue Next 5Y5.52%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 21.57, which indicates a rather expensive current valuation of GJF.
- Based on the Price/Earnings ratio, GJF is valued more expensive than 83.33% of the companies in the same industry.
- When comparing the Price/Earnings ratio of GJF to the average of the S&P500 Index (27.25), we can say GJF is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 17.19, the valuation of GJF can be described as rather expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of GJF indicates a slightly more expensive valuation: GJF is more expensive than 75.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, GJF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.57 | ||
| Fwd PE | 17.19 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, GJF is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.73 | ||
| 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 has a very decent profitability rating, which may justify a higher PE ratio.
- GJF's earnings are expected to grow with 18.84% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.57
PEG (5Y)119.29
EPS Next 2Y25.85%
EPS Next 3Y18.84%
5. Dividend
5.1 Amount
- GJF has a Yearly Dividend Yield of 3.25%. Purely for dividend investing, there may be better candidates out there.
- GJF's Dividend Yield is slightly below the industry average, which is at 4.17.
- GJF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
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 78.27% of its income as dividend. This is not a sustainable payout ratio.
- GJF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP78.27%
EPS Next 2Y25.85%
EPS Next 3Y18.84%
GJENSIDIGE FORSIKRING ASA / GJF.OL FAQ
What is the fundamental rating for GJF stock?
ChartMill assigns a fundamental rating of 5 / 10 to GJF.OL.
What is the valuation status for GJF stock?
ChartMill assigns a valuation rating of 3 / 10 to GJENSIDIGE FORSIKRING ASA (GJF.OL). This can be considered as Overvalued.
How profitable is GJENSIDIGE FORSIKRING ASA (GJF.OL) stock?
GJENSIDIGE FORSIKRING ASA (GJF.OL) has a profitability rating of 6 / 10.
What is the financial health of GJENSIDIGE FORSIKRING ASA (GJF.OL) stock?
The financial health rating of GJENSIDIGE FORSIKRING ASA (GJF.OL) is 4 / 10.
Can you provide the dividend sustainability for GJF stock?
The dividend rating of GJENSIDIGE FORSIKRING ASA (GJF.OL) is 4 / 10 and the dividend payout ratio is 78.27%.