Storebrand ASA Financials
| STB Stock | NOK 132.20 0.10 0.08% |
Storebrand |
Storebrand ASA Stock Summary
Storebrand ASA competes with DnB ASA, Gjensidige Forsikring, Orkla ASA, Telenor ASA, and Yara International. Storebrand ASA, through its subsidiaries, primarily provides insurance products and services for private individuals, companies, municipalities, and public sector in Norway and Sweden. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. STOREBRAND ASA operates under Insurance - General classification in Norway and is traded on Oslo Stock Exchange. It employs 1789 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0003053605 |
| Business Address | Professor Kohts vei |
| Sector | Insurance |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.storebrand.no |
| Phone | 47 91 50 88 80 |
| Currency | NOK - Kroner |
You should never invest in Storebrand ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Storebrand Stock, because this is throwing your money away. Analyzing the key information contained in Storebrand ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Storebrand ASA Key Financial Ratios
There are many critical financial ratios that Storebrand ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Storebrand ASA reports annually and quarterly.| Return On Equity | 0.0632 | |||
| Return On Asset | 0.0028 | |||
| Target Price | 98.2 | |||
| Beta | 1.33 | |||
| Last Dividend Paid | 3.7 |
Storebrand Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Storebrand ASA's current stock value. Our valuation model uses many indicators to compare Storebrand ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Storebrand ASA competition to find correlations between indicators driving Storebrand ASA's intrinsic value. More Info.Storebrand ASA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.04 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Storebrand ASA is roughly 22.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Storebrand ASA's earnings, one of the primary drivers of an investment's value.Storebrand ASA Systematic Risk
Storebrand ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Storebrand ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Storebrand ASA correlated with the market. If Beta is less than 0 Storebrand ASA generally moves in the opposite direction as compared to the market. If Storebrand ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Storebrand ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Storebrand ASA is generally in the same direction as the market. If Beta > 1 Storebrand ASA moves generally in the same direction as, but more than the movement of the benchmark.
Storebrand ASA March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Storebrand ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Storebrand ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Storebrand ASA based on widely used predictive technical indicators. In general, we focus on analyzing Storebrand Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Storebrand ASA's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.1456 | |||
| Maximum Drawdown | 12.17 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 1.79 |
Other Information on Investing in Storebrand Stock
Storebrand ASA financial ratios help investors to determine whether Storebrand Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Storebrand with respect to the benefits of owning Storebrand ASA security.