TRYG Stock Analysis: Tryg | CO
Insurance - Diversified | CO, Denmark | Market Cap: 92.603m DKK | 12M Return: 4.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 99.8M
EPS Trend: 77.7%
Qual. Beats: -1
Rev. Trend: 85.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
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.
Tryg A/S is a Denmark-headquartered Property & Casualty (P&C) insurer founded in 1731, making it one of the oldest insurance companies in the world. The company operates through two business segments - Private and Commercial - and serves retail customers, small and medium-sized businesses, and corporate clients across Denmark, Sweden, Norway, the United States, Luxembourg, and the United Kingdom.
The product portfolio spans personal lines such as motor, home, travel, pet, accident, and health insurance, alongside commercial coverage including property, liability, and workers compensation. Sales are conducted through a multi-channel distribution model combining direct sales, online platforms, call centers, franchises, bancassurance, dealers, brokers, and partner networks. The company markets its offerings under several regional brands, including Trygg-Hansa in Sweden, Atlantica in the U.S., Bilsport & MC for motorcycle products, and Moderna Djurförsäkringar for pet insurance in Sweden.
As a large-cap European P&C insurer, Tryg operates in a capital-intensive sector that generates revenue primarily through earned premiums and earns income by pooling risk and investing policyholder float.
- Premium growth in Private segment drives top-line expansion
- Catastrophe losses and claims severity impact combined ratio
- Rising interest rates boost investment portfolio income
| Net Income: 4.57b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.07 > 1.0 |
| NWC/Revenue: 10.16% < 20% (prev 11.05%; Δ -0.89% < -1%) |
| CFO/TA 0.08 > 3% & CFO 7.82b > Net Income 4.57b |
| Net Debt (8.32b) to EBITDA (6.90b): 1.21 < 3 |
| Current Ratio: 4.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (595.9m) vs 12m ago -1.20% < -2% |
| Gross Margin: 92.34% > 18% (prev 91.46%; Δ 0.88% > 0.5%) |
| Asset Turnover: 42.03% > 50% (prev 39.86%; Δ 2.17% > 0%) |
| Interest Coverage Ratio: 5.93 > 6 (EBIT TTM 6.02b / Interest Expense TTM 1.02b) |
| A: 0.04 (Total Current Assets 5.80b - Total Current Liabilities 1.36b) / Total Assets 104b |
| B: 0.29 (Retained Earnings 30.0b / Total Assets 104b) |
| C: 0.06 (EBIT TTM 6.02b / Avg Total Assets 104b) |
| D: 0.56 (Book Value of Equity 37.4b / Total Liabilities 66.7b) |
| Altman-Z'' = 2.20 = BBB |
| DSRI: 1.95 (Receivables 1.96b/955.0m, Revenue 43.7b/41.3b) |
| GMI: 0.99 (GM 91.46% / 92.34%) |
| AQI: 0.99 (AQ_t 0.94 / AQ_t-1 0.95) |
| SGI: 1.06 (Revenue 43.7b / 41.3b) |
| TATA: -0.03 (NI 4.57b - CFO 7.82b) / TA 104b) |
| Beneish M = -2.23 (Cap -4..+1) = BBB |
As of July 28, 2026, the stock is trading at DKK 155.60 with a total of 552,106 shares traded. Over the past week, the price has changed by +0.19%, over one month by +5.27%, over three months by +1.48% and over the past year by +4.49%.
Current recommended Stop Loss: 149.90 (which is 3.7% or 2.7 ATR below the current price).
Tryg has no consensus analysts rating.
P/E Trailing = 20.8591
P/E Forward = 20.0401
P/S = 2.1179
P/B = 2.4674
P/EG = 5.2734
Revenue TTM = 43.7b DKK
EBIT TTM = 6.02b DKK
EBITDA TTM = 6.90b DKK
Long Term Debt = 7.60b DKK (from longTermDebt, last quarter)
Short Term Debt = 3.75b DKK (from shortTermDebt, last quarter)
Debt = 12.2b DKK (corrected: LT Debt 7.60b + ST Debt 3.75b) + Leases 809.0m
Net Debt = 8.32b DKK (calculated: Debt 12.2b - CCE 3.84b)
Enterprise Value = 101b DKK (92.6b + Debt 12.2b - CCE 3.84b)
Interest Coverage Ratio = 5.93 (Ebit TTM 6.02b / Interest Expense TTM 1.02b)
EV/FCF = 13.44x (Enterprise Value 101b / FCF TTM 7.51b)
FCF Yield = 7.44% (FCF TTM 7.51b / Enterprise Value 101b)
FCF Margin = 17.19% (FCF TTM 7.51b / Revenue TTM 43.7b)
Net Margin = 10.47% (Net Income TTM 4.57b / Revenue TTM 43.7b)
Gross Margin = 92.34% ((Revenue TTM 43.7b - Cost of Revenue TTM 3.35b) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.97 (Enterprise Value 101b / Total Assets 104b)
Interest Expense / Debt = 8.36% (Interest Expense 1.02b / Debt 12.2b)
Taxrate = 24.01% (1.45b / 6.04b)
NOPAT = 4.58b (EBIT 6.02b * (1 - 24.01%))
Current Ratio = 4.26 (Total Current Assets 5.80b / Total Current Liabilities 1.36b)
Debt / Equity = 0.32 (Debt 12.2b / totalStockholderEquity, last quarter 37.4b)
Debt / EBITDA = 1.21 (Net Debt 8.32b / EBITDA 6.90b)
Debt / FCF = 1.11 (Net Debt 8.32b / FCF TTM 7.51b)
Total Stockholder Equity = 38.5b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.40% (Net Income 4.57b / Total Assets 104b)
RoE = 11.88% (Net Income TTM 4.57b / Total Stockholder Equity 38.5b)
RoCE = 13.07% (EBIT 6.02b / Capital Employed (Equity 38.5b + L.T.Debt 7.60b))
RoIC = 4.38% (NOPAT 4.58b / Invested Capital 104b)
WACC = 6.23% (E(92.6b)/V(105b) * Re(6.22%) + D(12.2b)/V(105b) * Rd(8.36%) * (1-Tc(0.24)))
Discount Rate = 6.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.39 | Cagr: -1.45%
[DCF] Terminal Value 75.62% ; FCFF base≈7.47b ; Y1≈7.59b ; Y5≈8.22b
[DCF] Fair Price = 200.1 (EV 128b - Net Debt 8.32b = Equity 119b / Shares 595.9m; r=8.35% [WACC [floored]]; 5y FCF grow 1.39% → 2.50% )
EPS Correlation: 77.74 | EPS CAGR: 10.95% | SUE: -4.0 | # QB: -1
Revenue Correlation: 85.19 | Revenue CAGR: 3.67% | SUE: 0.25 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.81 | Chg30d=+0.30% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=9.29 | Chg30d=-3.23% | Revisions=-22% | GrowthEPS=-7.1% | GrowthRev=+5.0%
EPS next Year (2027-12-31): EPS=10.25 | Chg30d=-0.31% | Revisions=-12% | GrowthEPS=+10.3% | GrowthRev=+3.9%
[Analyst] Revisions Ratio: -19% (up=5, down=8)