Gjensidige Forsikring ASA GJF.OL
Composite 55/100; the shares have moved about 18% annualised. Names that move more contribute more risk for the same amount invested, and our composite reflects how strong the evidence for this one is right now.
Balance-sheet strength ranks 40/100 — a slight mark against it.
Growth ranks 74/100 — a moderate point in its favour. Momentum ranks 67/100 — a moderate point in its favour. Quality ranks 53/100 — a slight point in its favour.
Balance-sheet strength ranks 40/100 — a slight mark against it. Income ranks 48/100 — a slight mark against it.
What the company does Gjensidige Forsikring ASA is a multi-country Nordic insurer offering general insurance and pension products across Norway, Sweden, Denmark, Finland, and the Baltics. Its segments include Private and Commercial General Insurance and Pension, serving individuals and businesses through agents, brokers, and digital channels.
Key financials The company reports ROE of 27.3% and ROA of 3.0%, with gross, operating, and net margins of 37.3%, 24.4%, and 14.2% respectively. Revenue grew 6.0% year-over-year, while EPS declined -7.7%. Debt/Equity stands at 0.23, and the dividend yield is 3.6% with a payout ratio of 78.2%.
Stock health SideraVIA scores the stock as average quality with a 49.5 overall percentile. Strength (37.7) and Growth (32.9) lag, while Valuation (57.8) and Income (75.7) score higher. Momentum is positive over 3m (10.05%), 6m (9.01%), and 12m (8.06%), with RSI(14) at 59.60.
Price vs fair value The stock trades at a PREMIUM of 5.80% versus our fair-value estimate of 264.05 and at a discount of 4.01% versus the analyst 12-month target of 291.66. - Forward P/E of 17.18 is below trailing P/E of 22.02 (Valuation pillar 57.8) - Net margin of 14.2% and ROE of 27.3% reflect strong profitability (Quality pillar 50.7) - Positive 12m momentum of 8.06% supports near-term sentiment (Momentum pillar 60.1) - Dividend yield of 3.6% and payout of 78.2% align with income focus (Income pillar 75.7)
Looking forward Analysts expect forward P/E compression to 17.18 from 22.02, suggesting valuation support despite current premium. Growth remains a concern with EPS down -7.7%, but stable margins and high income metrics may justify the premium. Momentum trends and dividend yield remain supportive near term.
This is not investment advice. Sideravia provides automated, data-driven analysis for information and education only. Nothing on this page is a personal recommendation or an invitation to buy or sell any security, and it does not consider your objectives or financial situation. Assessments are generated by rules applied uniformly to every covered stock — how our scores work.
Data as of 2026-09-04, compiled from third-party sources; errors and delays are possible and figures are not warranted. Investing puts your capital at risk; past performance does not predict future results. We publish our full track record, including the calls that lost, and our conflicts of interest.