PROTECTOR FORSIKRING ASA (PROT.OL) Stock Fundamental Analysis

OSL:PROT • NO0010209331

511 NOK
+4 (+0.79%)
Last: Feb 26, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Overall PROT gets a fundamental rating of 5 out of 10. We evaluated PROT against 46 industry peers in the Insurance industry. PROT scores excellent on profitability, but there are concerns on its financial health. PROT is valued quite expensive, but it does show an excellent growth.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • PROT had positive earnings in the past year.
  • In the past year PROT has reported a negative cash flow from operations.
  • In the past 5 years PROT has always been profitable.
  • The reported operating cash flow has been mixed in the past 5 years: PROT reported negative operating cash flow in multiple years.
PROT.OL Yearly Net Income VS EBIT VS OCF VS FCFPROT.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 2025 0 1B 2B 3B

1.2 Ratios

  • PROT has a better Return On Assets (9.15%) than 100.00% of its industry peers.
  • PROT's Return On Equity of 34.04% is amongst the best of the industry. PROT outperforms 100.00% of its industry peers.
  • PROT has a Return On Invested Capital of 10.33%. This is amongst the best in the industry. PROT outperforms 97.83% of its industry peers.
  • PROT had an Average Return On Invested Capital over the past 3 years of 8.51%. This is significantly above the industry average of 2.84%.
  • The last Return On Invested Capital (10.33%) for PROT is above the 3 year average (8.51%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 9.15%
ROE 34.04%
ROIC 10.33%
ROA(3y)7.54%
ROA(5y)7.45%
ROE(3y)31.9%
ROE(5y)33.35%
ROIC(3y)8.51%
ROIC(5y)8.01%
PROT.OL Yearly ROA, ROE, ROICPROT.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 30

1.3 Margins

  • Looking at the Profit Margin, with a value of 17.51%, PROT belongs to the top of the industry, outperforming 91.30% of the companies in the same industry.
  • In the last couple of years the Profit Margin of PROT has remained more or less at the same level.
  • PROT has a better Operating Margin (25.48%) than 91.30% of its industry peers.
  • PROT's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 25.48%
PM (TTM) 17.51%
GM N/A
OM growth 3Y2.12%
OM growth 5Y9.46%
PM growth 3Y-1.14%
PM growth 5Y-0.92%
GM growth 3YN/A
GM growth 5YN/A
PROT.OL Yearly Profit, Operating, Gross MarginsPROT.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), PROT is creating some value.
  • PROT has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for PROT has been increased compared to 5 years ago.
  • PROT has a worse debt/assets ratio than last year.
PROT.OL Yearly Shares OutstandingPROT.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
PROT.OL Yearly Total Debt VS Total AssetsPROT.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

2.2 Solvency

  • PROT has an Altman-Z score of 2.46. This is not the best score and indicates that PROT is in the grey zone with still only limited risk for bankruptcy at the moment.
  • PROT's Altman-Z score of 2.46 is amongst the best of the industry. PROT outperforms 97.83% of its industry peers.
  • A Debt/Equity ratio of 0.30 indicates that PROT is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.30, PROT is in the better half of the industry, outperforming 73.91% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF N/A
Altman-Z 2.46
ROIC/WACC1.24
WACC8.34%
PROT.OL Yearly LT Debt VS Equity VS FCFPROT.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

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 69.57% of the companies in the same industry.
  • PROT has a Quick Ratio of 0.18. This is a bad value and indicates that PROT is not financially healthy enough and could expect problems in meeting its short term obligations.
  • PROT's Quick ratio of 0.18 is fine compared to the rest of the industry. PROT outperforms 69.57% of its industry peers.
Industry RankSector Rank
Current Ratio 0.18
Quick Ratio 0.18
PROT.OL Yearly Current Assets VS Current LiabilitesPROT.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

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

9

3. Growth

3.1 Past

  • PROT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 79.82%, which is quite impressive.
  • Measured over the past years, PROT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.29% on average per year.
  • Looking at the last year, PROT shows a very strong growth in Revenue. The Revenue has grown by 22.32%.
  • The Revenue has been growing by 27.49% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)79.82%
EPS 3Y15.29%
EPS 5YN/A
EPS Q2Q%184.6%
Revenue 1Y (TTM)22.32%
Revenue growth 3Y24.46%
Revenue growth 5Y27.49%
Sales Q2Q%20.16%

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 10.74% on average per year.
  • The Revenue is expected to grow by 20.48% on average over the next years. This is a very strong growth
EPS Next Y0.56%
EPS Next 2Y35.13%
EPS Next 3Y13.19%
EPS Next 5Y10.74%
Revenue Next Year36.19%
Revenue Next 2Y27.48%
Revenue Next 3Y21.25%
Revenue Next 5Y20.48%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
PROT.OL Yearly Revenue VS EstimatesPROT.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5B 10B 15B
PROT.OL Yearly EPS VS EstimatesPROT.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 10 20 30

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 27.83, which means the current valuation is very expensive for PROT.
  • 82.61% of the companies in the same industry are cheaper than PROT, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.21. PROT is around the same levels.
  • PROT is valuated correctly with a Price/Forward Earnings ratio of 15.24.
  • Based on the Price/Forward Earnings ratio, PROT is valued a bit more expensive than 76.09% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of PROT to the average of the S&P500 Index (28.13), we can say PROT is valued slightly cheaper.
Industry RankSector Rank
PE 27.83
Fwd PE 15.24
PROT.OL Price Earnings VS Forward Price EarningsPROT.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
PROT.OL Per share dataPROT.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The decent profitability rating of PROT may justify a higher PE ratio.
  • PROT's earnings are expected to grow with 13.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)50.1
PEG (5Y)N/A
EPS Next 2Y35.13%
EPS Next 3Y13.19%

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

4

5. Dividend

5.1 Amount

  • PROT has a Yearly Dividend Yield of 2.82%. Purely for dividend investing, there may be better candidates out there.
  • PROT's Dividend Yield is slightly below the industry average, which is at 4.18.
  • Compared to an average S&P500 Dividend Yield of 1.80, PROT pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.82%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 37.86% of the earnings are spent on dividend by PROT. This is a low number and sustainable payout ratio.
DP37.86%
EPS Next 2Y35.13%
EPS Next 3Y13.19%
PROT.OL Yearly Income VS Free CF VS DividendPROT.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B
PROT.OL Dividend Payout.PROT.OL Dividend Payout, showing the Payout Ratio.PROT.OL Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

PROTECTOR FORSIKRING ASA

OSL:PROT (2/26/2026, 7:00:00 PM)

511

+4 (+0.79%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)01-29
Earnings (Next)04-23
Inst Owners35.33%
Inst Owner ChangeN/A
Ins Owners0.39%
Ins Owner ChangeN/A
Market Cap42.16B
Revenue(TTM)14.91B
Net Income(TTM)2.61B
Analysts84.44
Price Target622.2 (21.76%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.82%
Yearly Dividend12
Dividend Growth(5Y)N/A
DP37.86%
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)0
Avg Revenue beat(2)-2.91%
Min Revenue beat(2)-3.17%
Max Revenue beat(2)-2.65%
Revenue beat(4)0
Avg Revenue beat(4)-3.1%
Min Revenue beat(4)-4.49%
Max Revenue beat(4)-2.09%
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)7.68%
PT rev (3m)8.16%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)1.29%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.63%
Valuation
Industry RankSector Rank
PE 27.83
Fwd PE 15.24
P/S 2.83
P/FCF N/A
P/OCF N/A
P/B 5.49
P/tB 5.58
EV/EBITDA N/A
EPS(TTM)18.36
EY3.59%
EPS(NY)33.52
Fwd EY6.56%
FCF(TTM)-2.44
FCFYN/A
OCF(TTM)-1.15
OCFYN/A
SpS180.76
BVpS93.02
TBVpS91.59
PEG (NY)50.1
PEG (5Y)N/A
Graham Number196.03
Profitability
Industry RankSector Rank
ROA 9.15%
ROE 34.04%
ROCE 13.56%
ROIC 10.33%
ROICexc 10.47%
ROICexgc 11.11%
OM 25.48%
PM (TTM) 17.51%
GM N/A
FCFM N/A
ROA(3y)7.54%
ROA(5y)7.45%
ROE(3y)31.9%
ROE(5y)33.35%
ROIC(3y)8.51%
ROIC(5y)8.01%
ROICexc(3y)8.64%
ROICexc(5y)8.13%
ROICexgc(3y)9.32%
ROICexgc(5y)9.25%
ROCE(3y)11.16%
ROCE(5y)10.51%
ROICexgc growth 3Y5.83%
ROICexgc growth 5Y15.21%
ROICexc growth 3Y6.87%
ROICexc growth 5Y20.43%
OM growth 3Y2.12%
OM growth 5Y9.46%
PM growth 3Y-1.14%
PM growth 5Y-0.92%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.52
Health
Industry RankSector Rank
Debt/Equity 0.3
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.71%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.18
Quick Ratio 0.18
Altman-Z 2.46
F-Score5
WACC8.34%
ROIC/WACC1.24
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.67%
Cap/Sales(5y)0.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)79.82%
EPS 3Y15.29%
EPS 5YN/A
EPS Q2Q%184.6%
EPS Next Y0.56%
EPS Next 2Y35.13%
EPS Next 3Y13.19%
EPS Next 5Y10.74%
Revenue 1Y (TTM)22.32%
Revenue growth 3Y24.46%
Revenue growth 5Y27.49%
Sales Q2Q%20.16%
Revenue Next Year36.19%
Revenue Next 2Y27.48%
Revenue Next 3Y21.25%
Revenue Next 5Y20.48%
EBIT growth 1Y62.92%
EBIT growth 3Y27.84%
EBIT growth 5Y34.44%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-116.45%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-107.34%
OCF growth 3YN/A
OCF growth 5YN/A

PROTECTOR FORSIKRING ASA / PROT.OL FAQ

What is the ChartMill fundamental rating of PROTECTOR FORSIKRING ASA (PROT.OL) stock?

ChartMill assigns a fundamental rating of 5 / 10 to PROT.OL.


Can you provide the valuation status for PROTECTOR FORSIKRING ASA?

ChartMill assigns a valuation rating of 2 / 10 to PROTECTOR FORSIKRING ASA (PROT.OL). This can be considered as Overvalued.


How profitable is PROTECTOR FORSIKRING ASA (PROT.OL) stock?

PROTECTOR FORSIKRING ASA (PROT.OL) has a profitability rating of 7 / 10.


What is the valuation of PROTECTOR FORSIKRING ASA based on its PE and PB ratios?

The Price/Earnings (PE) ratio for PROTECTOR FORSIKRING ASA (PROT.OL) is 27.83 and the Price/Book (PB) ratio is 5.49.


Is the dividend of PROTECTOR FORSIKRING ASA sustainable?

The dividend rating of PROTECTOR FORSIKRING ASA (PROT.OL) is 4 / 10 and the dividend payout ratio is 37.86%.