Gjensidige Forsikring (GJNSY) AI Stock Analysis

• Market Cap: $14.94B
• Dividend Yield: 2.19%
• Average Volume (3M): 89.00
• Price to Earnings (P/E): 24.3
• Beta (1Y): 0.28
• Revenue Growth: 9.55%
• EPS Growth: 30.96%
• Country: US
• Employees: 4,664
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Diversified
• EPS (TTM): 0.32
• Shares Outstanding: 500,000,000
• 10 Day Avg. Volume: 33
• 30 Day Avg. Volume: 89
• PEG Ratio: 0.78
• Price to Book (P/B): 3.95
• Price to Sales (P/S): 2.55
• P/FCF Ratio: 27.15
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 0.45
• Enterprise Value/Ebitda: 2.24
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: $30.00 ▲(0.33% Upside)

Gjensidige Forsikring's strong financial performance and positive earnings call sentiment are key strengths, offset by technical indicators suggesting bearish momentum and a high P/E ratio. The company's ability to manage liabilities and improve cash flows will be crucial for future performance.

Positive Factors

Revenue Growth

The strong growth in insurance revenue indicates effective pricing strategies and solid renewals, enhancing long-term market position.

Capital Position

A strong capital position with a high solvency ratio ensures financial stability and the ability to withstand economic fluctuations.

Investment Returns

Robust investment returns enhance profitability and provide a buffer against underwriting losses, supporting long-term financial health.

Negative Factors

Rising Liabilities

Rising liabilities can strain financial resources and limit strategic flexibility, potentially impacting future growth and stability.

Negative Operating Cash Flow

Negative operating cash flow indicates challenges in converting revenue into cash, which may affect liquidity and operational sustainability.

IT System Termination Costs

High nonrecurring expenses from IT system termination can impact profitability and indicate potential inefficiencies in project management.

Gjensidige Forsikring Business Overview & Revenue Model

Company Description

Gjensidige Forsikring ASA provides general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through six segments: General Insurance Private, General Insurance Commercial, General Insurance Denmark, General Insurance Sweden, General Insurance Baltics, and Pension. It offers motor, home, accident and health, travel, leisure craft, boat, valuables, liability, commercial, marine/transport, agriculture, natural perils, life, and pet insurance products. The company also provides defined contribution occupational pension schemes for businesses, which include disability pension, spouse/cohabitant pension, and child's pension products. It distributes its products through various distribution channels comprising office channel, call center, Internet, partners, and brokers to private and commercial customers. The company was founded in 1816 and is headquartered in Oslo, Norway.

How the Company Makes Money

Gjensidige Forsikring generates revenue primarily through the collection of premiums from its insurance policies. This includes premiums from both individual customers and businesses for various insurance products. Additionally, the company earns revenue from investment income, as it invests the premiums collected in financial markets, thereby generating returns. Key revenue streams include property and casualty insurance, life and health insurance, and investment returns. Gjensidige also benefits from strategic partnerships with other financial institutions and service providers, which can enhance its product offerings and distribution channels. Furthermore, cost management and risk assessment strategies contribute to its profitability by optimizing claims handling and reducing loss ratios.

Gjensidige Forsikring Financial Statement Overview

Summary

Gjensidige Forsikring shows strong revenue growth and solid profitability, with a stable balance sheet. However, rising liabilities and recent negative operating cash flow are concerns that need addressing.

Income Statement

Gjensidige Forsikring has shown strong revenue growth over the years, with a recent TTM (Trailing-Twelve-Months) increase in total revenue to 41.43 billion from 37.01 billion in the previous year, representing a notable growth. The company's gross profit margin remains robust, illustrating its ability to maintain profitability from its core operations. However, the fluctuating EBIT and EBITDA margins suggest some volatility in operating efficiency, particularly with a negative EBITDA in the most recent TTM data. Despite this, the net profit margin has improved, underlining strong bottom-line performance.

Balance Sheet

Gjensidige Forsikring maintains a healthy balance sheet with a moderate debt-to-equity ratio and a consistent equity base. The company has a substantial stockholders' equity, providing a cushion against liabilities, as reflected in the equity ratio. Nevertheless, the increasing total liabilities over the years could pose a risk if not managed carefully. The return on equity demonstrates solid profitability relative to shareholder investments, although it has shown some variability.

Cash Flow

The cash flow statement reveals mixed performance, with a commendable free cash flow generation over the years. However, the recent TTM data shows a negative operating cash flow, which is concerning. The free cash flow to net income ratio is strong, indicating effective conversion of profits into cash. The inconsistency in cash flow metrics, particularly the operating cash flow, requires attention to ensure sustainable liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	33.44B	40.36B	37.01B	29.68B	31.67B	29.24B
Gross Profit	32.20B	40.36B	37.01B	29.68B	31.67B	29.24B
EBITDA	6.48B	6.82B	5.50B	4.46B	9.19B	6.74B
Net Income	5.02B	5.14B	4.13B	3.44B	7.14B	4.95B
Balance Sheet
Total Assets	18.81B	171.49B	148.28B	135.15B	129.82B	118.31B
Cash, Cash Equivalents and Short-Term Investments	0.00	3.69B	2.99B	3.20B	2.35B	2.86B
Total Debt	810.14M	5.41B	4.36B	3.78B	3.67B	2.52B
Total Liabilities	16.39B	145.47B	124.05B	109.28B	104.62B	93.03B
Stockholders Equity	2.42B	26.01B	24.23B	25.87B	25.20B	25.28B
Cash Flow
Free Cash Flow	5.20B	3.79B	4.09B	4.15B	6.49B	6.82B
Operating Cash Flow	6.91B	4.21B	4.89B	4.71B	7.03B	7.33B
Investing Cash Flow	-825.45M	-447.60M	-1.04B	2.75B	-1.40B	-513.20M
Financing Cash Flow	-4.82B	-3.00B	-4.09B	-4.18B	-6.11B	-6.44B

Gjensidige Forsikring Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GJNSY, the sentiment is Positive. The current price of 29.9 is above the 20-day moving average (MA) of 28.47, above the 50-day MA of 27.84, and above the 200-day MA of 26.27, indicating a bullish trend. The MACD of 0.48 indicates Negative momentum. The RSI at 67.56 is Neutral, neither overbought nor oversold. The STOCH value of 100.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GJNSY.

Gjensidige Forsikring Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORI	79 Outperform	$11.54B	14.03	12.96%	6.98%	7.08%	-4.36%
PFG	76 Outperform	$19.68B	13.04	13.74%	3.44%	12.33%	―
GJNSY	68 Neutral	$14.94B	24.34	29.06%	2.19%	9.55%	30.96%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
AEG	64 Neutral	$11.55B	8.47	14.42%	5.77%	-6.19%	―
AIG	60 Neutral	$46.68B	15.51	7.68%	2.02%	-23.02%	52.43%
EQH	40 Underperform	$13.97B	-17.61	-41.33%	2.15%	7.70%	-155.12%

Gjensidige Forsikring Corporate Events

Gjensidige ADR Q3 2025 Earnings: Strong Growth Amid Challenges

The recent earnings call of Gjensidige Forsikring Asa Unsponsored ADR painted a picture of robust financial performance, despite facing some significant challenges. The company demonstrated strong growth across various segments, primarily driven by effective pricing strategies and solid investment returns. While the impact of Storm Amy and the termination of the pension IT system posed hurdles, the overall sentiment remained positive, with highlights overshadowing the lowlights.