Storebrand ASA Logo

Storebrand ASA

STB.OL

(2.2)
Stock Price

123,80 NOK

0.47% ROA

15.55% ROE

11.39x PER

Market Cap.

51.660.124.966,00 NOK

163.41% DER

3.49% Yield

5.06% NPM

Storebrand ASA Stock Analysis

Storebrand ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Storebrand ASA Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

2 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

3 ROE

ROE in an average range (9.98%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (0.37%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.48x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

7 Dividend Growth

With a history of consistent dividend increases over the last three years, the company has proven to be a reliable choice for investors seeking reliable income.

8 DER

The stock is burdened with a heavy load of debt (169%), making it financially unstable and potentially risky for investors.

9 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-101) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Storebrand ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Storebrand ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Storebrand ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Storebrand ASA Revenue
Year Revenue Growth
2001 12.771.200.000
2002 13.111.800.000 2.6%
2003 16.016.000.000 18.13%
2004 28.333.700.000 43.47%
2005 30.096.600.000 5.86%
2006 31.313.100.000 3.88%
2007 33.397.300.000 6.24%
2008 29.517.000.000 -13.15%
2009 48.236.000.000 38.81%
2010 48.241.000.000 0.01%
2011 38.225.000.000 -26.2%
2012 52.314.000.000 26.93%
2013 52.815.000.000 0.95%
2014 63.611.000.000 16.97%
2015 41.843.000.000 -52.02%
2016 54.399.000.000 23.08%
2017 60.239.000.000 9.69%
2018 35.141.000.000 -71.42%
2019 87.003.000.000 59.61%
2020 80.417.000.000 -8.19%
2021 69.207.000.000 -16.2%
2022 -27.951.000.000 347.6%
2023 -19.672.000.000 -42.09%
2023 35.271.000.000 155.77%
2024 74.224.000.000 52.48%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Storebrand ASA Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Storebrand ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 214.000.000 100%
2015 0 0%
2016 0 0%
2017 551.000.000 100%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Storebrand ASA EBITDA
Year EBITDA Growth
2001 896.800.000
2002 492.400.000 -82.13%
2003 2.270.000.000 78.31%
2004 2.867.900.000 20.85%
2005 1.656.900.000 -73.09%
2006 1.788.500.000 7.36%
2007 2.347.100.000 23.8%
2008 -281.700.000 933.19%
2009 1.947.000.000 114.47%
2010 2.208.000.000 11.82%
2011 1.900.000.000 -16.21%
2012 2.789.000.000 31.88%
2013 3.685.000.000 24.31%
2014 3.810.000.000 3.28%
2015 402.000.000 -847.76%
2016 3.648.000.000 88.98%
2017 4.012.000.000 9.07%
2018 4.116.000.000 2.53%
2019 1.345.000.000 -206.02%
2020 886.000.000 -51.81%
2021 2.684.000.000 66.99%
2022 4.559.000.000 41.13%
2023 -4.500.000.000 201.31%
2023 444.000.000 1113.51%
2024 -50.868.000.000 100.87%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Storebrand ASA Gross Profit
Year Gross Profit Growth
2001 12.771.200.000
2002 13.111.800.000 2.6%
2003 16.016.000.000 18.13%
2004 28.333.700.000 43.47%
2005 30.096.600.000 5.86%
2006 31.313.100.000 3.88%
2007 33.397.300.000 6.24%
2008 29.517.000.000 -13.15%
2009 48.236.000.000 38.81%
2010 48.241.000.000 0.01%
2011 38.225.000.000 -26.2%
2012 52.314.000.000 26.93%
2013 52.815.000.000 0.95%
2014 63.611.000.000 16.97%
2015 41.843.000.000 -52.02%
2016 54.399.000.000 23.08%
2017 60.239.000.000 9.69%
2018 35.141.000.000 -71.42%
2019 87.003.000.000 59.61%
2020 80.417.000.000 -8.19%
2021 69.207.000.000 -16.2%
2022 -27.951.000.000 347.6%
2023 -19.672.000.000 -42.09%
2023 73.853.000.000 126.64%
2024 74.224.000.000 0.5%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Storebrand ASA Net Profit
Year Net Profit Growth
2001 -951.600.000
2002 -892.400.000 -6.63%
2003 789.600.000 213.02%
2004 2.351.900.000 66.43%
2005 1.418.700.000 -65.78%
2006 1.496.300.000 5.19%
2007 2.008.800.000 25.51%
2008 -2.220.700.000 190.46%
2009 934.000.000 337.76%
2010 1.480.000.000 36.89%
2011 681.000.000 -117.33%
2012 1.006.000.000 32.31%
2013 1.971.000.000 48.96%
2014 2.062.000.000 4.41%
2015 1.187.000.000 -73.72%
2016 2.128.000.000 44.22%
2017 2.386.000.000 10.81%
2018 3.694.000.000 35.41%
2019 2.079.000.000 -77.68%
2020 2.355.000.000 11.72%
2021 3.130.000.000 24.76%
2022 2.376.000.000 -31.73%
2023 2.296.000.000 -3.48%
2023 3.378.000.000 32.03%
2024 8.624.000.000 60.83%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Storebrand ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -3
2002 -3 0%
2003 2 200%
2004 7 71.43%
2005 5 -40%
2006 6 16.67%
2007 8 14.29%
2008 -5 275%
2009 2 300%
2010 3 33.33%
2011 2 -200%
2012 2 50%
2013 4 50%
2014 5 0%
2015 3 -100%
2016 5 50%
2017 5 20%
2018 8 28.57%
2019 4 -75%
2020 5 20%
2021 7 16.67%
2022 5 -20%
2023 5 0%
2023 7 28.57%
2024 19 63.16%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Storebrand ASA Free Cashflow
Year Free Cashflow Growth
2001 -2.787.500.000
2002 1.917.300.000 245.39%
2003 9.306.900.000 79.4%
2004 -6.204.100.000 250.01%
2005 -3.020.300.000 -105.41%
2006 8.016.600.000 137.68%
2007 3.214.600.000 -149.38%
2008 -2.402.200.000 233.82%
2009 3.229.000.000 174.39%
2010 5.361.000.000 39.77%
2011 3.251.000.000 -64.9%
2012 1.168.000.000 -178.34%
2013 3.685.000.000 68.3%
2014 7.481.000.000 50.74%
2015 -2.498.000.000 399.48%
2016 1.513.000.000 265.1%
2017 2.288.000.000 33.87%
2018 3.659.000.000 37.47%
2019 -837.000.000 537.16%
2020 -2.077.000.000 59.7%
2021 -3.781.000.000 45.07%
2022 3.210.000.000 217.79%
2023 -3.599.000.000 189.19%
2023 1.973.000.000 282.41%
2024 717.000.000 -175.17%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Storebrand ASA Operating Cashflow
Year Operating Cashflow Growth
2001 -2.430.800.000
2002 2.158.000.000 212.64%
2003 9.315.300.000 76.83%
2004 -6.204.100.000 250.15%
2005 -2.985.800.000 -107.79%
2006 8.045.800.000 137.11%
2007 3.639.900.000 -121.04%
2008 -2.296.200.000 258.52%
2009 3.356.000.000 168.42%
2010 5.483.000.000 38.79%
2011 3.375.000.000 -62.46%
2012 1.411.000.000 -139.19%
2013 3.945.000.000 64.23%
2014 7.653.000.000 48.45%
2015 -2.286.000.000 434.78%
2016 1.576.000.000 245.05%
2017 2.386.000.000 33.95%
2018 3.694.000.000 35.41%
2019 -741.000.000 598.52%
2020 -2.029.000.000 63.48%
2021 -3.489.000.000 41.85%
2022 3.347.000.000 204.24%
2023 -3.472.000.000 196.4%
2023 2.011.000.000 272.65%
2024 739.000.000 -172.12%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Storebrand ASA Capital Expenditure
Year Capital Expenditure Growth
2001 356.700.000
2002 240.700.000 -48.19%
2003 8.400.000 -2765.48%
2004 0 0%
2005 34.500.000 100%
2006 29.200.000 -18.15%
2007 425.300.000 93.13%
2008 106.000.000 -301.23%
2009 127.000.000 16.54%
2010 122.000.000 -4.1%
2011 124.000.000 1.61%
2012 243.000.000 48.97%
2013 260.000.000 6.54%
2014 172.000.000 -51.16%
2015 212.000.000 18.87%
2016 63.000.000 -236.51%
2017 98.000.000 35.71%
2018 35.000.000 -180%
2019 96.000.000 63.54%
2020 48.000.000 -100%
2021 292.000.000 83.56%
2022 137.000.000 -113.14%
2023 127.000.000 -7.87%
2023 38.000.000 -234.21%
2024 22.000.000 -72.73%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Storebrand ASA Equity
Year Equity Growth
2001 9.616.700.000
2002 8.535.600.000 -12.67%
2003 9.396.000.000 9.16%
2004 10.311.900.000 8.88%
2005 9.108.300.000 -13.21%
2006 8.899.800.000 -2.34%
2007 19.118.400.000 53.45%
2008 15.988.200.000 -19.58%
2009 17.217.000.000 7.14%
2010 18.417.000.000 6.52%
2011 18.777.000.000 1.92%
2012 19.935.000.000 5.81%
2013 22.513.000.000 11.45%
2014 24.740.000.000 9%
2015 26.947.000.000 8.19%
2016 27.637.000.000 2.5%
2017 30.832.000.000 10.36%
2018 32.873.000.000 6.21%
2019 33.398.000.000 1.57%
2020 35.923.000.000 7.03%
2021 37.709.000.000 4.74%
2022 37.936.000.000 0.6%
2023 28.940.000.000 -31.09%
2023 29.123.000.000 0.63%
2024 29.986.000.000 2.88%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Storebrand ASA Assets
Year Assets Growth
2001 152.214.400.000
2002 148.551.300.000 -2.47%
2003 156.650.200.000 5.17%
2004 10.311.900.000 -1419.12%
2005 9.108.300.000 -13.21%
2006 8.899.800.000 -2.34%
2007 381.626.600.000 97.67%
2008 372.466.500.000 -2.46%
2009 366.159.000.000 -1.72%
2010 390.414.000.000 6.21%
2011 401.442.000.000 2.75%
2012 420.182.000.000 4.46%
2013 450.381.000.000 6.71%
2014 492.287.000.000 8.51%
2015 521.329.000.000 5.57%
2016 519.684.000.000 -0.32%
2017 568.943.000.000 8.66%
2018 577.476.000.000 1.48%
2019 633.170.000.000 8.8%
2020 727.763.000.000 13%
2021 774.790.000.000 6.07%
2022 781.184.000.000 0.82%
2023 847.575.000.000 7.83%
2023 896.643.000.000 5.47%
2024 972.213.000.000 7.77%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Storebrand ASA Liabilities
Year Liabilities Growth
2001 142.597.700.000
2002 140.015.700.000 -1.84%
2003 147.254.200.000 4.92%
2004 28.929.400.000 -409.01%
2005 43.246.400.000 33.11%
2006 51.484.800.000 16%
2007 362.508.200.000 85.8%
2008 356.478.300.000 -1.69%
2009 348.942.000.000 -2.16%
2010 371.997.000.000 6.2%
2011 382.665.000.000 2.79%
2012 400.247.000.000 4.39%
2013 427.868.000.000 6.46%
2014 467.547.000.000 8.49%
2015 494.382.000.000 5.43%
2016 492.047.000.000 -0.47%
2017 538.111.000.000 8.56%
2018 544.603.000.000 1.19%
2019 599.772.000.000 9.2%
2020 691.840.000.000 13.31%
2021 737.081.000.000 6.14%
2022 743.248.000.000 0.83%
2023 50.205.000.000 -1380.43%
2023 867.519.000.000 94.21%
2024 49.001.000.000 -1670.41%

Storebrand ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
203.58
Net Income per Share
10.31
Price to Earning Ratio
11.39x
Price To Sales Ratio
0.57x
POCF Ratio
-36.63
PFCF Ratio
-34.35
Price to Book Ratio
1.74
EV to Sales
0.98
EV Over EBITDA
-6.58
EV to Operating CashFlow
-62.54
EV to FreeCashFlow
-59.13
Earnings Yield
0.09
FreeCashFlow Yield
-0.03
Market Cap
51,66 Bil.
Enterprise Value
88,93 Bil.
Graham Number
125.21
Graham NetNet
-58.39

Income Statement Metrics

Net Income per Share
10.31
Income Quality
-0.31
ROE
0.16
Return On Assets
0
Return On Capital Employed
0.01
Net Income per EBT
0.88
EBT Per Ebit
0.37
Ebit per Revenue
0.15
Effective Tax Rate
0.13

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.15
Pretax Profit Margin
0.06
Net Profit Margin
0.05

Dividends

Dividend Yield
0.03
Dividend Yield %
3.49
Payout Ratio
0.4
Dividend Per Share
4.1

Operating Metrics

Operating Cashflow per Share
-3.21
Free CashFlow per Share
-3.39
Capex to Operating CashFlow
-0.06
Capex to Revenue
0
Capex to Depreciation
0.12
Return on Invested Capital
0.15
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.18

Balance Sheet

Cash per Share
52,06
Book Value per Share
2.081,08
Tangible Book Value per Share
2067.87
Shareholders Equity per Share
67.59
Interest Debt per Share
116.54
Debt to Equity
1.63
Debt to Assets
0.05
Net Debt to EBITDA
-2.76
Current Ratio
0.26
Tangible Asset Value
917,35 Bil.
Net Current Asset Value
-37,27 Bil.
Invested Capital
-25078000000
Working Capital
-33,47 Bil.
Intangibles to Total Assets
0.01
Average Receivables
0,00 Bil.
Average Payables
322,48 Bil.
Average Inventory
0
Debt to Market Cap
0.95

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Storebrand ASA Dividends
Year Dividends Growth
2000 1
2001 1 0%
2004 1 0%
2005 7 100%
2006 4 -75%
2007 2 -300%
2008 1 0%
2011 1 0%
2017 2 0%
2018 0 0%
2019 3 100%
2020 3 0%
2021 3 0%
2022 4 0%
2023 4 0%
2024 4 25%

Storebrand ASA Profile

About Storebrand ASA

Storebrand ASA, through its subsidiaries, primarily provides insurance products and services in Norway the United States, Japan, and Sweden. The company operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products. The Insurance segment provides health insurance, property and casualty insurance, personal risk products, and employee-related and pension-related insurance products. The Guaranteed Pension segment offers long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment provides life insurance products. It also offers securities, and banking and investment services. The company serves private individuals, corporate and retail markets, companies, municipalities, and public sector. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway.

CEO
Mr. Odd Arild Grefstad
Employee
2.247
Address
Professor Kohts vei 9
Lysaker, 1327

Storebrand ASA Executives & BODs

Storebrand ASA Executives & BODs
# Name Age
1 Johannes Narum
Strategy and IR Executive
70
2 Mr. Faisal Khan
Senior Vice President and Head of M&A
70
3 Mr. Lars Aasulv Loddesol
Group Chief Financial Officer & Executive Vice President of Sustainability
70
4 Ms. Tove Selnes
Executive Vice President of People
70
5 Mr. Jan Erik Saugestad
Executive Vice President of Storebrand Asset Management
70
6 Mr. Trygve Saue Hakedal
Executive Vice President of Digital
70
7 Ms. Jenny Rundbladh
Executive Vice President of SPP
70
8 Ms. Vivi Mahede Gevelt
Executive Vice President of Corporate
70
9 Camilla Leikvoll
Executive Vice President of Retail & Senior VP of Storebrand Bank ASA
70
10 Mr. Odd Arild Grefstad
Group Chief Executive Officer
70

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