GJENSIDIGE FORSIKRING ASA (GJF.OL) Stock Fundamental Analysis
OSL:GJF - Euronext Oslo - NO0010582521 - Common Stock - Currency: NOK
Taking everything into account, GJF scores 5 out of 10 in our fundamental rating. GJF was compared to 37 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. GJF is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GJF had positive earnings in the past year.
In the past year GJF had a positive cash flow from operations.
GJF had positive earnings in each of the past 5 years.
GJF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GJF has a Return On Assets of 3.76%. This is amongst the best in the industry. GJF outperforms 91.89% of its industry peers.
GJF has a Return On Equity of 29.23%. This is amongst the best in the industry. GJF outperforms 97.30% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.67%, GJF is in the better half of the industry, outperforming 78.38% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GJF is in line with the industry average of 2.10%.
The last Return On Invested Capital (2.67%) for GJF is above the 3 year average (1.93%), which is a sign of increasing profitability.
| 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
GJF has a better Profit Margin (13.26%) than 81.08% of its industry peers.
In the last couple of years the Profit Margin of GJF has declined.
With a decent Operating Margin value of 12.49%, GJF is doing good in the industry, outperforming 62.16% of the companies in the same industry.
In the last couple of years the Operating Margin of GJF has declined.
| 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.
The number of shares outstanding for GJF remains at a similar level compared to 5 years ago.
GJF has a worse debt/assets ratio than last year.
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.
With an excellent Debt to FCF ratio value of 0.78, GJF belongs to the best of the industry, outperforming 94.59% of the companies in the same industry.
GJF has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
GJF has a Debt to Equity ratio of 0.24. This is amongst the best in the industry. GJF outperforms 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | N/A |
ROIC/WACC0.32
WACC8.36%
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.
GJF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.18% yearly.
GJF shows a strong growth in Revenue. In the last year, the Revenue has grown by 33.40%.
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 10.22% on average per year.
Based on estimates for the next years, GJF will show a small growth in Revenue. The Revenue will grow by 5.11% on average per year.
EPS Next Y27.49%
EPS Next 2Y20.33%
EPS Next 3Y14.9%
EPS Next 5Y10.22%
Revenue Next Year6.8%
Revenue Next 2Y6.47%
Revenue Next 3Y6.36%
Revenue Next 5Y5.11%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.47, which indicates a rather expensive current valuation of GJF.
Based on the Price/Earnings ratio, GJF is valued a bit more expensive than the industry average as 75.68% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 26.17. GJF is around the same levels.
With a Price/Forward Earnings ratio of 17.84, GJF is valued on the expensive side.
Based on the Price/Forward Earnings ratio, GJF is valued more expensive than 81.08% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, GJF is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.47 | ||
| Fwd PE | 17.84 |
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 67.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.89 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The 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 14.90% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)129.79
EPS Next 2Y20.33%
EPS Next 3Y14.9%
5. Dividend
5.1 Amount
GJF has a Yearly Dividend Yield of 3.42%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.50, GJF is paying slightly less dividend.
GJF's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
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
142.49% 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.
DP142.49%
EPS Next 2Y20.33%
EPS Next 3Y14.9%
OSL:GJF (5/28/2025, 7:00:00 PM)
258.6
-3.4 (-1.3%)
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 Cap129.30B
Analysts65
Price Target231.72 (-10.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
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)2.33%
PT rev (3m)4.51%
EPS NQ rev (1m)-8.07%
EPS NQ rev (3m)-1.17%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.31%
Revenue NQ rev (1m)0.16%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.47 | ||
| Fwd PE | 17.84 | ||
| P/S | 2.65 | ||
| P/FCF | 18.89 | ||
| P/OCF | 17.53 | ||
| P/B | 5.84 | ||
| P/tB | 8.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)11.02
EY4.26%
EPS(NY)14.49
Fwd EY5.6%
FCF(TTM)13.69
FCFY5.29%
OCF(TTM)14.75
OCFY5.7%
SpS97.68
BVpS44.31
TBVpS28.88
PEG (NY)0.85
PEG (5Y)129.79
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
WACC8.36%
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 5Y10.22%
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 5Y5.11%
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