PROTECTOR FORSIKRING ASA (PROT.OL) Stock Fundamental Analysis
OSL:PROT - Euronext Oslo - NO0010209331 - Common Stock - Currency: NOK
We assign a fundamental rating of 5 out of 10 to PROT. PROT was compared to 34 industry peers in the Insurance industry. Both the profitability and the financial health of PROT get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, PROT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year PROT was profitable.
In the past year PROT had a positive cash flow from operations.
Each year in the past 5 years PROT has been profitable.
The reported operating cash flow has been mixed in the past 5 years: PROT reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of PROT (6.24%) is better than 100.00% of its industry peers.
PROT has a Return On Equity of 28.29%. This is amongst the best in the industry. PROT outperforms 100.00% of its industry peers.
PROT has a better Return On Invested Capital (7.34%) than 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PROT is significantly above the industry average of 2.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.24% | ||
| ROE | 28.29% | ||
| ROIC | 7.34% |
ROA(3y)7.22%
ROA(5y)6.78%
ROE(3y)32.76%
ROE(5y)33%
ROIC(3y)7.88%
ROIC(5y)6.75%
1.3 Margins
With a decent Profit Margin value of 12.62%, PROT is doing good in the industry, outperforming 76.47% of the companies in the same industry.
In the last couple of years the Profit Margin of PROT has declined.
With an excellent Operating Margin value of 19.13%, PROT belongs to the best of the industry, outperforming 82.35% of the companies in the same industry.
In the last couple of years the Operating Margin of PROT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.13% | ||
| PM (TTM) | 12.62% | ||
| GM | N/A |
OM growth 3Y-8.32%
OM growth 5YN/A
PM growth 3Y-15.26%
PM growth 5YN/A
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), PROT is destroying value.
Compared to 1 year ago, PROT has about the same amount of shares outstanding.
Compared to 5 years ago, PROT has more shares outstanding
Compared to 1 year ago, PROT has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.98 indicates that PROT is not a great score, but indicates only limited risk for bankruptcy at the moment.
With an excellent Altman-Z score value of 1.98, PROT belongs to the best of the industry, outperforming 97.06% of the companies in the same industry.
PROT has a debt to FCF ratio of 1.55. This is a very positive value and a sign of high solvency as it would only need 1.55 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.55, PROT is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
A Debt/Equity ratio of 0.35 indicates that PROT is not too dependend on debt financing.
PROT has a better Debt to Equity ratio (0.35) than 73.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | 1.98 |
ROIC/WACC0.88
WACC8.36%
2.3 Liquidity
A Current Ratio of 0.18 indicates that PROT may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.18, PROT is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
A Quick Ratio of 0.18 indicates that PROT may have some problems paying its short term obligations.
The Quick ratio of PROT (0.18) is better than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.18 |
3. Growth
3.1 Past
PROT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.04%.
Measured over the past 5 years, PROT shows a small growth in Earnings Per Share. The EPS has been growing by 7.66% on average per year.
PROT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.60%.
The Revenue has been growing by 22.85% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)2.04%
EPS 3Y7.66%
EPS 5YN/A
EPS Q2Q%-63.58%
Revenue 1Y (TTM)18.6%
Revenue growth 3Y27.1%
Revenue growth 5Y22.85%
Sales Q2Q%12.27%
3.2 Future
Based on estimates for the next years, PROT will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.18% on average per year.
The Revenue is expected to grow by 8.81% on average over the next years. This is quite good.
EPS Next Y13.15%
EPS Next 2Y14.67%
EPS Next 3Y12.18%
EPS Next 5YN/A
Revenue Next Year10.48%
Revenue Next 2Y8.81%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 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 19.50, the valuation of PROT can be described as rather expensive.
Based on the Price/Earnings ratio, PROT is valued a bit more expensive than the industry average as 70.59% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 28.79, PROT is valued a bit cheaper.
A Price/Forward Earnings ratio of 17.45 indicates a rather expensive valuation of PROT.
Based on the Price/Forward Earnings ratio, PROT is valued expensively inside the industry as 85.29% of the companies are valued cheaper.
PROT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 17.45 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, PROT is valued a bit more expensive than the industry average as 61.76% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.61 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PROT has a very decent profitability rating, which may justify a higher PE ratio.
PROT's earnings are expected to grow with 12.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.48
PEG (5Y)N/A
EPS Next 2Y14.67%
EPS Next 3Y12.18%
5. Dividend
5.1 Amount
No dividends for PROT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
OSL:PROT (4/25/2025, 7:00:00 PM)
364.5
+12 (+3.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners36%
Inst Owner ChangeN/A
Ins Owners1.74%
Ins Owner ChangeN/A
Market Cap30.07B
Analysts84.44
Price Target379.95 (4.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend9
Dividend Growth(5Y)N/A
DP48.23%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.72%
Min Revenue beat(2)1.85%
Max Revenue beat(2)7.59%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.68%
PT rev (3m)11.19%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.5%
EPS NY rev (3m)2.43%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.5 | ||
| Fwd PE | 17.45 | ||
| P/S | 2.47 | ||
| P/FCF | 24.61 | ||
| P/OCF | 23.24 | ||
| P/B | 5.53 | ||
| P/tB | 5.65 | ||
| EV/EBITDA | N/A |
EPS(TTM)18.69
EY5.13%
EPS(NY)20.89
Fwd EY5.73%
FCF(TTM)14.81
FCFY4.06%
OCF(TTM)15.68
OCFY4.3%
SpS147.78
BVpS65.93
TBVpS64.52
PEG (NY)1.48
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.24% | ||
| ROE | 28.29% | ||
| ROCE | 9.64% | ||
| ROIC | 7.34% | ||
| ROICexc | 7.48% | ||
| ROICexgc | 8.14% | ||
| OM | 19.13% | ||
| PM (TTM) | 12.62% | ||
| GM | N/A | ||
| FCFM | 10.02% |
ROA(3y)7.22%
ROA(5y)6.78%
ROE(3y)32.76%
ROE(5y)33%
ROIC(3y)7.88%
ROIC(5y)6.75%
ROICexc(3y)8%
ROICexc(5y)6.86%
ROICexgc(3y)8.73%
ROICexgc(5y)8.12%
ROCE(3y)10.35%
ROCE(5y)8.87%
ROICexcg growth 3Y-2.94%
ROICexcg growth 5YN/A
ROICexc growth 3Y6.7%
ROICexc growth 5YN/A
OM growth 3Y-8.32%
OM growth 5YN/A
PM growth 3Y-15.26%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 1.55 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.59% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 79.42% | ||
| Current Ratio | 0.18 | ||
| Quick Ratio | 0.18 | ||
| Altman-Z | 1.98 |
F-Score5
WACC8.36%
ROIC/WACC0.88
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.62%
Cap/Sales(5y)0.61%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.04%
EPS 3Y7.66%
EPS 5YN/A
EPS Q2Q%-63.58%
EPS Next Y13.15%
EPS Next 2Y14.67%
EPS Next 3Y12.18%
EPS Next 5YN/A
Revenue 1Y (TTM)18.6%
Revenue growth 3Y27.1%
Revenue growth 5Y22.85%
Sales Q2Q%12.27%
Revenue Next Year10.48%
Revenue Next 2Y8.81%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y11.76%
EBIT growth 3Y16.52%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y2877.27%
FCF growth 3Y10.04%
FCF growth 5Y-2.19%
OCF growth 1Y4571.48%
OCF growth 3Y10.09%
OCF growth 5Y-1.74%