ALMB Stock Analysis: Alm. Brand | CO
Insurance - Diversified | CO, Denmark | Market Cap: 23.125m DKK | 12M Return: -0.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.1M
EPS Trend: 90.8%
Qual. Beats: 1
Rev. Trend: -71.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Alm. Brand A/S is a Danish non-life insurance company offering a broad range of personal and commercial products, including car, home, travel, accident, pet, and health insurance for private customers, as well as business, workers compensation, professional liability, and cyber coverage for agricultural, SME, and corporate clients. Distribution is handled through the companys own sales channels and partnerships. Founded in 1792 and headquartered in Copenhagen, it operates within the Property & Casualty Insurance sub-industry.
The Property & Casualty insurance sector generates revenue primarily through policy premiums and relies on underwriting discipline and investment income on reserves for profitability. Denmarks insurance market is relatively concentrated, with a small number of established providers holding a large share of personal and commercial lines.
- Combined ratio improvement drives margin expansion in private lines
- Motor and property premium growth offsets competition from Nordic peers
- Investment income pressured by Danish central bank rate cuts
| Net Income: 920.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 5.44 > 1.0 |
| NWC/Revenue: 2.13% < 20% (prev -117.4%; Δ 119.5% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.75b > Net Income 920.0m |
| Net Debt (1.73b) to EBITDA (1.79b): 0.97 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (1.38b) vs 12m ago -4.16% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 39.30% > 50% (prev 39.93%; Δ -0.63% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.01 (Total Current Assets 278.0m - Total Current Liabilities 0.0) / Total Assets 32.8b |
| B: 0.25 (Retained Earnings 8.10b / Total Assets 32.8b) |
| C: 0.04 (EBIT TTM 1.41b / Avg Total Assets 33.2b) |
| D: 0.50 (Book Value of Equity 11.0b / Total Liabilities 21.8b) |
| Altman-Z'' = 1.67 = BB |
| DSRI: 0.10 (Receivables 12.0m/591.0m, Revenue 13.1b/13.5b) |
| GMI: 0.96 (GM 96.08% / 100.0%) |
| AQI: 1.01 (AQ_t 0.97 / AQ_t-1 0.96) |
| SGI: 0.97 (Revenue 13.1b / 13.5b) |
| TATA: -0.03 (NI 920.0m - CFO 1.75b) / TA 32.8b) |
| Beneish M = -3.82 (Cap -4..+1) = AAA |
As of July 28, 2026, the stock is trading at DKK 17.05 with a total of 880,876 shares traded. Over the past week, the price has changed by +0.18%, over one month by +5.64%, over three months by +11.58% and over the past year by -0.85%.
Current recommended Stop Loss: 16.20 (which is 5% or 2.6 ATR below the current price).
Alm. Brand has no consensus analysts rating.
P/E Trailing = 29.2069
P/E Forward = 16.3666
P/S = 1.6832
P/B = 2.0831
Revenue TTM = 13.1b DKK
EBIT TTM = 1.41b DKK
EBITDA TTM = 1.79b DKK
Long Term Debt = 1.42b DKK (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 2.00b DKK (from shortLongTermDebtTotal, last quarter) + Leases 575.0m
Net Debt = 1.73b DKK (calculated: Debt 2.00b - CCE 266.0m)
Enterprise Value = 24.9b DKK (23.1b + Debt 2.00b - CCE 266.0m)
Interest Coverage Ratio = unknown (Ebit TTM 1.41b / Interest Expense TTM 0.0)
EV/FCF = 14.66x (Enterprise Value 24.9b / FCF TTM 1.70b)
FCF Yield = 6.82% (FCF TTM 1.70b / Enterprise Value 24.9b)
FCF Margin = 12.97% (FCF TTM 1.70b / Revenue TTM 13.1b)
Net Margin = 7.04% (Net Income TTM 920.0m / Revenue TTM 13.1b)
Gross Margin = unknown ((Revenue TTM 13.1b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.76 (Enterprise Value 24.9b / Total Assets 32.8b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 2.00b)
Taxrate = 26.69% (335.0m / 1.25b)
NOPAT = 1.03b (EBIT 1.41b * (1 - 26.69%))
Current Ratio = unknown (Total Current Assets 278.0m / Total Current Liabilities 0.0)
Debt / Equity = 0.18 (Debt 2.00b / totalStockholderEquity, last quarter 11.0b)
Debt / EBITDA = 0.97 (Net Debt 1.73b / EBITDA 1.79b)
Debt / FCF = 1.02 (Net Debt 1.73b / FCF TTM 1.70b)
Total Stockholder Equity = 11.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.77% (Net Income 920.0m / Total Assets 32.8b)
RoE = 7.80% (Net Income TTM 920.0m / Total Stockholder Equity 11.8b)
RoCE = 10.64% (EBIT 1.41b / Capital Employed (Equity 11.8b + L.T.Debt 1.42b))
RoIC = 4.32% (EBIT 1.41b / (Assets 32.8b - Curr.Liab 0.0 - Cash 266.0m))
WACC = 6.00% (E(23.1b)/V(25.1b) * Re(6.52%) + D(2.00b)/V(25.1b) * Rd(0.0%) * (1-Tc(0.27)))
Discount Rate = 6.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.31 | Cagr: -4.59%
[DCF] Terminal Value 75.44% ; FCFF base≈1.70b ; Y1≈1.70b ; Y5≈1.80b
[DCF] Fair Price = 19.27 (EV 28.0b - Net Debt 1.73b = Equity 26.3b / Shares 1.37b; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 90.78 | EPS CAGR: 22.39% | SUE: 4.0 | # QB: 1
Revenue Correlation: -71.09 | Revenue CAGR: -1.65% | SUE: 0.37 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.32 | Chg30d=-2.03% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=1.06 | Chg30d=+8.31% | Revisions=+17% | GrowthEPS=-11.8% | GrowthRev=+2.1%
EPS next Year (2027-12-31): EPS=1.29 | Chg30d=-0.46% | Revisions=+0% | GrowthEPS=+22.5% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: +12% (up=3, down=2)