GJENSIDIGE FORSIKRING ASA (GJF.OL) Stock Fundamental Analysis

Europe • Euronext Oslo • OSL:GJF • NO0010582521

280.7 NOK
+4.3 (+1.56%)
Last: Feb 6, 2026, 03:28 PM
Fundamental Rating

5

GJF gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 47 industry peers in the Insurance industry. GJF has an average financial health and profitability rating. GJF is quite expensive at the moment. It does show a decent growth rate. Finally GJF also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

6

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.
  • Each year in the past 5 years GJF had a positive operating cash flow.
GJF.OL Yearly Net Income VS EBIT VS OCF VS FCFGJF.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 3.40%, GJF is in the better half of the industry, outperforming 76.60% of the companies in the same industry.
  • The Return On Equity of GJF (23.75%) is better than 89.36% of its industry peers.
  • GJF's Return On Invested Capital of 2.54% is fine compared to the rest of the industry. GJF outperforms 68.09% 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 2.92%.
  • 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 RankSector 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%
GJF.OL Yearly ROA, ROE, ROICGJF.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

  • The Profit Margin of GJF (15.56%) is better than 89.36% of its industry peers.
  • GJF's Profit Margin has declined in the last couple of years.
  • The Operating Margin of GJF (15.34%) is better than 70.21% of its industry peers.
  • GJF's Operating Margin has declined in the last couple of years.
Industry RankSector 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
GJF.OL Yearly Profit, Operating, Gross MarginsGJF.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GJF is destroying value.
  • GJF has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, GJF has about the same amount of shares outstanding.
  • GJF has a worse debt/assets ratio than last year.
GJF.OL Yearly Shares OutstandingGJF.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
GJF.OL Yearly Total Debt VS Total AssetsGJF.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B

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.
  • GJF has a better Debt to FCF ratio (0.93) than 91.49% of its industry peers.
  • GJF has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of GJF (0.20) is better than 93.62% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 0.93
Altman-Z N/A
ROIC/WACC0.3
WACC8.4%
GJF.OL Yearly LT Debt VS Equity VS FCFGJF.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B 15B 20B 25B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
GJF.OL Yearly Current Assets VS Current LiabilitesGJF.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 28.85% over the past year.
  • The Earnings Per Share has been growing slightly by 0.18% on average over the past years.
  • GJF shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.07%.
  • 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.
  • The Revenue is expected to grow by 5.52% on average over the next years.
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.
GJF.OL Yearly Revenue VS EstimatesGJF.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B 40B 50B
GJF.OL Yearly EPS VS EstimatesGJF.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 22.21 indicates a rather expensive valuation of GJF.
  • Based on the Price/Earnings ratio, GJF is valued expensively inside the industry as 80.85% of the companies are valued cheaper.
  • The average S&P500 Price/Earnings ratio is at 27.67. GJF is around the same levels.
  • A Price/Forward Earnings ratio of 17.71 indicates a rather expensive valuation of GJF.
  • Based on the Price/Forward Earnings ratio, GJF is valued expensively inside the industry as 82.98% of the companies are valued cheaper.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.20, GJF is valued a bit cheaper.
Industry RankSector Rank
PE 22.21
Fwd PE 17.71
GJF.OL Price Earnings VS Forward Price EarningsGJF.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, GJF is valued a bit more expensive than 72.34% of the companies in the same industry.
Industry RankSector Rank
P/FCF 24.43
EV/EBITDA N/A
GJF.OL Per share dataGJF.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

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 18.84% in the coming years.
PEG (NY)0.59
PEG (5Y)122.83
EPS Next 2Y25.85%
EPS Next 3Y18.84%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.31%, GJF is a good candidate for dividend investing.
  • GJF's Dividend Yield is a higher than the industry average which is at 4.09.
  • GJF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.31%

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

  • 78.27% of the earnings are spent on dividend by GJF. 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%
GJF.OL Yearly Income VS Free CF VS DividendGJF.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B
GJF.OL Dividend Payout.GJF.OL Dividend Payout, showing the Payout Ratio.GJF.OL Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

GJENSIDIGE FORSIKRING ASA

OSL:GJF (2/6/2026, 3:28:56 PM)

280.7

+4.3 (+1.56%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)01-29
Earnings (Next)04-29
Inst Owners23.55%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap140.35B
Revenue(TTM)41.05B
Net Income(TTM)6.39B
Analysts53.33
Price Target294.29 (4.84%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.31%
Yearly Dividend8.75
Dividend Growth(5Y)4.27%
DP78.27%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.46%
Min EPS beat(2)-15.01%
Max EPS beat(2)35.93%
EPS beat(4)3
Avg EPS beat(4)6.38%
Min EPS beat(4)-15.01%
Max EPS beat(4)35.93%
EPS beat(8)4
Avg EPS beat(8)-2.8%
EPS beat(12)4
Avg EPS beat(12)-8.26%
EPS beat(16)5
Avg EPS beat(16)-4.49%
Revenue beat(2)2
Avg Revenue beat(2)2.4%
Min Revenue beat(2)1.48%
Max Revenue beat(2)3.32%
Revenue beat(4)3
Avg Revenue beat(4)0.99%
Min Revenue beat(4)-1.04%
Max Revenue beat(4)3.32%
Revenue beat(8)7
Avg Revenue beat(8)8.21%
Revenue beat(12)10
Avg Revenue beat(12)31.84%
Revenue beat(16)11
Avg Revenue beat(16)18.12%
PT rev (1m)1.05%
PT rev (3m)4.43%
EPS NQ rev (1m)-1.52%
EPS NQ rev (3m)-0.39%
EPS NY rev (1m)-0.97%
EPS NY rev (3m)-6.36%
Revenue NQ rev (1m)0.17%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.65%
Valuation
Industry RankSector Rank
PE 22.21
Fwd PE 17.71
P/S 3.42
P/FCF 24.43
P/OCF 22.82
P/B 5.22
P/tB 7.44
EV/EBITDA N/A
EPS(TTM)12.64
EY4.5%
EPS(NY)15.85
Fwd EY5.65%
FCF(TTM)11.49
FCFY4.09%
OCF(TTM)12.3
OCFY4.38%
SpS82.1
BVpS53.78
TBVpS37.71
PEG (NY)0.59
PEG (5Y)122.83
Graham Number123.68
Profitability
Industry RankSector Rank
ROA 3.4%
ROE 23.75%
ROCE 3.38%
ROIC 2.54%
ROICexc 2.61%
ROICexgc 5.57%
OM 15.34%
PM (TTM) 15.56%
GM N/A
FCFM 13.99%
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%
ROICexgc growth 3Y-16.12%
ROICexgc 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-Score5
Asset Turnover0.22
Health
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 0.93
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.99%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 89.93%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC8.4%
ROIC/WACC0.3
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)28.85%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%-5.72%
EPS Next Y37.76%
EPS Next 2Y25.85%
EPS Next 3Y18.84%
EPS Next 5Y12.32%
Revenue 1Y (TTM)-15.07%
Revenue growth 3Y5.89%
Revenue growth 5Y6.3%
Sales Q2Q%13.73%
Revenue Next Year8.7%
Revenue Next 2Y8.21%
Revenue Next 3Y7.22%
Revenue Next 5Y5.52%
EBIT growth 1Y31.33%
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-8.62%
FCF growth 3Y-16.85%
FCF growth 5YN/A
OCF growth 1Y-13.31%
OCF growth 3Y-16.08%
OCF growth 5YN/A

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 7 / 10 and the dividend payout ratio is 78.27%.