Storebrand ASA SREDF

Morningstar Rating
$10.53 +1.23 (13.20%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

SREDF is trading at a 161% premium.
Price
$10.54
Fair Value
$55.64
Uncertainty
High
1-Star Price
$89.90
5-Star Price
$5.22
Economic Moat
Ygx
Capital Allocation

News

Trading Information

Previous Close Price
$9.30
Day Range
$10.5310.53
52-Week Range
$8.4110.53
Bid/Ask
$10.52 / $11.44
Market Cap
$4.62 Bil
Volume/Avg
860 / 607

Key Statistics

Price/Earnings (Normalized)
10.84
Price/Sales
0.58
Dividend Yield (Trailing)
3.56%
Dividend Yield (Forward)
3.56%
Total Yield
6.99%

Company Profile

Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into four segments savings, insurance, guaranteed pensions, and others. The savings segment includes products for retirement savings with no interest rate guarantees which defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden, it provides health, property and casualty, personal risk products, and others. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return. Other segment consists of other companies within the Storebrand Group, including smaller subsidiaries of Storebrand Livsforsikring and SPP.
Sector
Financial Services
Industry
Financial Conglomerates
Stock Style Box
Mid Core
Total Number of Employees
2,308

Comparables

Valuation

Metric
SREDF
GJF
8621
Price/Earnings (Normalized)
10.8423.9714.39
Price/Book Value
1.724.252.27
Price/Sales
0.582.393.70
Price/Cash Flow
33.9113.15
Price/Earnings
SREDF
GJF
8621

Financial Strength

Metric
SREDF
GJF
8621
Quick Ratio
Current Ratio
Interest Coverage
2.44419.05
Quick Ratio
No chart available

Profitability

Metric
SREDF
GJF
8621
Return on Assets (Normalized)
0.50%2.75%7.71%
Return on Equity (Normalized)
15.55%18.09%16.12%
Return on Invested Capital (Normalized)
7.40%15.14%15.86%
Return on Assets
SREDF
GJF
8621

Financial Conglomerates Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ORIX Corp
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Hlhx$26.5 Bil
Voya Financial Inc
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SBI Holdings Inc
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Yxt$6.9 Bil
Storebrand ASA ADR
SREDY
Qww$4.8 Bil
Mandatum PLC
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Vmfl$2.4 Bil
AMP Ltd
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Sqwz$2.3 Bil
LendingTree Inc
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Bfb$765.7 Mil
Georgia Capital PLC
GRGCF
Zwyy$442.0 Mil
B. Riley Financial Inc
RILY
Hrs$161.2 Mil

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