STB Stock Analysis: Storebrand ASA | OL
Financial Conglomerates | OL, Norway | Market Cap: 83.934m NOK | 12M Return: 39.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 84.0M
EPS Trend: 64.9%
Qual. Beats: 1
Qual. Beats: 1
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.
Storebrand ASA is a Norwegian financial services and insurance company that operates across four main segments: Savings, Insurance, Guaranteed Pensions, and Other. Its offerings span retirement savings, defined contribution pensions, asset management, retail banking, personal and non-life insurance, and long-term pension savings products, serving private individuals, businesses, public enterprises, and corporate and retail markets.
The company is headquartered in Lysaker, Norway, and operates internationally in markets including the United States, Germany, Sweden, and the United Kingdom. Founded in 1767, Storebrand is one of the longest-established financial institutions in the Nordic region. It is classified within the Life & Health Insurance sub-industry under the broader Financials sector, with a business model centered on pension savings, insurance underwriting, and asset management.
- Rising long-term rates boost guaranteed pension solvency margin
- Savings segment AUM growth drives recurring fee income expansion
- Investment portfolio credit spreads tighten on risk asset returns
| Net Income: 4.88b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.60 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA 0.00 > 3% & CFO 4.71b > Net Income 4.88b |
| Net Debt (-14.9b) to EBITDA (10.6b): -1.40 < 3 |
| Current Ratio: error (cannot be calculated; needs correct Total Current Assets and Liabilities) |
| Outstanding Shares: last quarter (418.6m) vs 12m ago -2.37% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 7.64% > 50% (prev 3.08%; Δ 4.56% > 0%) |
| Interest Coverage Ratio: 2.62 > 6 (EBIT TTM 10.2b / Interest Expense TTM 3.90b) |
As of July 28, 2026, the stock is trading at NOK 200.80 with a total of 368,444 shares traded. Over the past week, the price has changed by +3.03%, over one month by +9.79%, over three months by +19.45% and over the past year by +39.80%.
Current recommended Stop Loss: 196.80 (which is 2% or 1.3 ATR below the current price).
Storebrand ASA has no consensus analysts rating.
P/E Trailing = 17.5811
P/E Forward = 16.5017
P/S = 0.7751
P/B = 2.5769
P/EG = 3.4566
Revenue TTM = 78.6b NOK
EBIT TTM = 10.2b NOK
EBITDA TTM = 10.6b NOK
Long Term Debt = 61.4b NOK (from longTermDebt, last quarter)
Short Term Debt = 1.93b NOK (from shortLongTermDebt, last quarter)
Debt = 1.11b NOK (Leases only: 1.11b)
Net Debt = -14.9b NOK (calculated: Debt 1.11b - CCE 16.0b)
Enterprise Value = 69.0b NOK (83.9b + Debt 1.11b - CCE 16.0b)
Interest Coverage Ratio = 2.62 (Ebit TTM 10.2b / Interest Expense TTM 3.90b)
EV/FCF = 15.03x (Enterprise Value 69.0b / FCF TTM 4.59b)
FCF Yield = 6.65% (FCF TTM 4.59b / Enterprise Value 69.0b)
FCF Margin = 5.84% (FCF TTM 4.59b / Revenue TTM 78.6b)
Net Margin = 6.21% (Net Income TTM 4.88b / Revenue TTM 78.6b)
Gross Margin = unknown ((Revenue TTM 78.6b - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = 0.07 (Enterprise Value 69.0b / Total Assets 1038b)
Interest Expense / Debt = 352.0% (Interest Expense 3.90b / Debt 1.11b)
Taxrate = 22.76% (1.44b / 6.31b)
NOPAT = 7.89b (EBIT 10.2b * (1 - 22.76%))
Current Ratio = unknown (Total Current Assets 16.0b / Total Current Liabilities none)
Debt / Equity = 0.03 (Debt 1.11b / totalStockholderEquity, last quarter 32.2b)
Debt / EBITDA = -1.40 (Net Debt -14.9b / EBITDA 10.6b)
Debt / FCF = -3.25 (Net Debt -14.9b / FCF TTM 4.59b)
Total Stockholder Equity = 32.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.47% (Net Income 4.88b / Total Assets 1038b)
RoE = 14.88% (Net Income TTM 4.88b / Total Stockholder Equity 32.8b)
RoCE = 10.85% (EBIT 10.2b / Capital Employed (Equity 32.8b + L.T.Debt 61.4b))
RoIC = unknown (NOPAT 7.89b, Invested Capital 0.0, EBIT 10.2b)
WACC = 7.02% (E(83.9b)/V(85.0b) * Re(7.11%) + (debt cost/tax rate unavailable))
Discount Rate = 7.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 13.19 | Cagr: 0.37%
[DCF] Terminal Value 73.10% ; FCFF base≈6.99b ; Y1≈6.13b ; Y5≈4.95b
[DCF] Fair Price = 225.5 (EV 79.5b - Net Debt -14.9b = Equity 94.4b / Shares 418.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 64.93 | EPS CAGR: 11.37% | SUE: 1.00 | # QB: 1
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-09-30): EPS=3.19 | Chg30d=+3.48% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=12.05 | Chg30d=+5.25% | Revisions=-29% | GrowthEPS=+7.1% | GrowthRev=+6.0%
EPS next Year (2027-12-31): EPS=13.48 | Chg30d=+2.38% | Revisions=+57% | GrowthEPS=+11.8% | GrowthRev=+5.6%
[Analyst] Revisions Ratio: +15% (up=6, down=4)