Tryg AS ADR TGVSY

Morningstar Rating
$4.90 +0.08 (1.66%)
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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

TGVSY is trading at a LOCK|%xhDz& premium.
Price
$4.90
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
$4.82
Day Range
$4.90–4.90
52-Week Range
$4.82–5.53
Bid/Ask
$4.57 / $4.75
Shares Outstanding
2.98B
Market Cap
$14.62B
Volume/Avg
100 / 301

Key Statistics

Price/Earnings (Normalized)
15.99
Price/Sales
2.25
Dividend Yield (Trailing)
5.36%
Dividend Yield (Forward)
5.36%
Dividend Payment Schedule
Feb, May, Aug, Oct
Total Yield
6.54%

Company Profile

For a long period of time Tryg was focussed purely on the Danish market, but over the last two decades the company has built its presence in Scandinavia more broadly. So, while this nonlife insurer derives close to 50% of its revenue from Denmark, it derives another 30% from Sweden and close to 20% from Norway. Comprehensive motor, third-party, accident, and health are Tryg’s largest lines of business. Tryg insures both companies and private individuals, though private individuals make up close to two-thirds of revenue. In June 2021 Tryg acquired the Scandinavian operations of Royal Sun Alliance. The acquisition provided Tryg with a significant step forward in Sweden, introducing DKK 8 billion of insurance revenue and DKK 1 billion in Norway.
Sector
Financial Services
Industry
Insurance - Diversified
Stock Style Box
Mid Core
Total Number of Employees
3,393

Competitors

Valuation

Metric
TGVSY
ALV
SAMPO
Price/Earnings (Normalized)
15.9913.5714.24
Price/Book Value
2.572.583.31
Price/Sales
2.251.052.10
Price/Cash Flow
13.1416.0610.82
Price/Earnings
TGVSY
ALV
SAMPO

Financial Strength

Metric
TGVSY
ALV
SAMPO
Quick Ratio
———
Current Ratio
———
Interest Coverage
——26.86
Quick Ratio
No chart available

Profitability

Metric
TGVSY
ALV
SAMPO
Return on Assets (Normalized)
4.57%1.18%6.64%
Return on Equity (Normalized)
12.38%19.64%22.45%
Return on Invested Capital (Normalized)
9.69%14.03%17.34%
Return on Assets
TGVSY
ALV
SAMPO

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