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 32 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GJF had positive earnings in the past year.
GJF had a positive operating cash flow in the past year.
GJF had positive earnings in each of the past 5 years.
In the past 5 years GJF always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of GJF (3.76%) is better than 87.50% of its industry peers.
With an excellent Return On Equity value of 29.23%, GJF belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.
With a decent Return On Invested Capital value of 2.67%, GJF is doing good in the industry, outperforming 78.13% of the companies in the same industry.
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 2.19%.
The 3 year average ROIC (1.93%) for GJF is below the current ROIC(2.67%), indicating increased profibility in the last year.
| 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 Profit Margin of 13.26%. This is in the better half of the industry: GJF outperforms 78.13% 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 62.50% 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
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.
The number of shares outstanding for GJF remains at a similar level compared to 5 years ago.
Compared to 1 year ago, GJF has a worse debt to assets ratio.
2.2 Solvency
GJF has a debt to FCF ratio of 0.78. This is a very positive value and a sign of high solvency as it would only need 0.78 years to pay back of all of its debts.
The Debt to FCF ratio of GJF (0.78) is better than 93.75% of its industry peers.
A Debt/Equity ratio of 0.24 indicates that GJF is not too dependend on debt financing.
GJF's Debt to Equity ratio of 0.24 is amongst the best of the industry. GJF outperforms 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.78 | ||
| Altman-Z | N/A |
ROIC/WACC0.32
WACC8.47%
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.
Measured over the past 5 years, GJF shows a small growth in Earnings Per Share. The EPS has been growing by 0.18% on average per year.
The Revenue has grown by 33.40% in the past year. This is a very strong growth!
GJF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.30% yearly.
EPS 1Y (TTM)23.43%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%62.49%
Revenue 1Y (TTM)33.4%
Revenue growth 3Y5.89%
Revenue growth 5Y6.3%
Sales Q2Q%4.45%
3.2 Future
GJF is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.22% yearly.
GJF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.11% yearly.
EPS Next Y27.49%
EPS Next 2Y20.33%
EPS Next 3Y14.9%
EPS Next 5Y10.22%
Revenue Next Year6.88%
Revenue Next 2Y6.43%
Revenue Next 3Y6.3%
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
GJF is valuated rather expensively with a Price/Earnings ratio of 24.98.
Compared to the rest of the industry, the Price/Earnings ratio of GJF indicates a slightly more expensive valuation: GJF is more expensive than 78.13% of the companies listed in the same industry.
GJF is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.10, which is the current average of the S&P500 Index.
GJF is valuated rather expensively with a Price/Forward Earnings ratio of 17.25.
GJF's Price/Forward Earnings ratio is rather expensive when compared to the industry. GJF is more expensive than 87.50% 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 20.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.98 | ||
| Fwd PE | 17.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GJF indicates a slightly more expensive valuation: GJF is more expensive than 68.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.26 | ||
| 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.
The decent profitability rating of GJF 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)0.91
PEG (5Y)138.14
EPS Next 2Y20.33%
EPS Next 3Y14.9%
5. Dividend
5.1 Amount
GJF has a Yearly Dividend Yield of 3.71%. Purely for dividend investing, there may be better candidates out there.
GJF's Dividend Yield is slightly below the industry average, which is at 4.68.
GJF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
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 142.49% 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.
DP142.49%
EPS Next 2Y20.33%
EPS Next 3Y14.9%
OSL:GJF (5/5/2025, 4:19:58 PM)
250
+1.4 (+0.56%)
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 Cap125.00B
Analysts65
Price Target229.47 (-8.21%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
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)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)1
Avg Revenue beat(2)-1.33%
Min Revenue beat(2)-2.88%
Max Revenue beat(2)0.22%
Revenue beat(4)3
Avg Revenue beat(4)8.04%
Min Revenue beat(4)-2.88%
Max Revenue beat(4)17.93%
Revenue beat(8)7
Avg Revenue beat(8)52.34%
Revenue beat(12)8
Avg Revenue beat(12)25.76%
Revenue beat(16)11
Avg Revenue beat(16)18.96%
PT rev (1m)2.26%
PT rev (3m)6.43%
EPS NQ rev (1m)-0.73%
EPS NQ rev (3m)5.54%
EPS NY rev (1m)-0.92%
EPS NY rev (3m)-0.55%
Revenue NQ rev (1m)-0.76%
Revenue NQ rev (3m)-0.76%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.98 | ||
| Fwd PE | 17.25 | ||
| P/S | 2.56 | ||
| P/FCF | 18.26 | ||
| P/OCF | 16.95 | ||
| P/B | 5.64 | ||
| P/tB | 8.66 | ||
| EV/EBITDA | N/A |
EPS(TTM)10.01
EY4%
EPS(NY)14.49
Fwd EY5.8%
FCF(TTM)13.69
FCFY5.48%
OCF(TTM)14.75
OCFY5.9%
SpS97.68
BVpS44.31
TBVpS28.88
PEG (NY)0.91
PEG (5Y)138.14
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
WACC8.47%
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)23.43%
EPS 3Y-11.17%
EPS 5Y0.18%
EPS Q2Q%62.49%
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%4.45%
Revenue Next Year6.88%
Revenue Next 2Y6.43%
Revenue Next 3Y6.3%
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