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SREDY US​

Storebrand ASA Unsponsored ADR(SREDY US)

$38.80+0.000.00%Ext:$41.08+2.285.88%(Market Closed · 20:00:00 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Storebrand ASA Unsponsored ADR — Company Profile

Storebrand ASA is a prominent financial services company that primarily offers a wide array of insurance products and related services. Its operational footprint extends across key international markets, including its home country Norway, alongside the United States, Japan, and Sweden. The company's business activities are structured into four main segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings division focuses on wealth accumulation, providing solutions such as retirement planning, defined contribution pensions, comprehensive asset management, and retail banking products. The Insurance segment delivers a broad spectrum of coverage, encompassing health, property and casualty policies, personal risk protection, and various employee- and pension-related insurance offerings. Through its Guaranteed Pension segment, Storebrand offers secure, long-term pension savings plans, which include specific defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment is primarily dedicated to life insurance provisions. In addition to these core offerings, Storebrand also provides services in securities, banking, and investment management. Its diverse clientele spans private individuals, corporate entities, retail markets, municipalities, and the public sector. Founded in 1767, this long-standing institution is headquartered in Lysaker, Norway.

Exchange
UU
CEO
Odd Arild Grefstad
Headquarters
Lysaker, NY, NO
IPO Date
Nov 3, 2010
Employees
2,541
Website
www.storebrand.no

Key Metrics

Price
$40.81
Market Cap
$8.54B
Revenue (TTM)
$0.00
Net Income (TTM)
$594.00M
EPS (TTM)
2.76
P/E (TTM)
1.85
P/B (TTM)
0.25
Dividend Yield
2.51%
ROE (TTM)
1.77%
ROA (TTM)
0.06%
Operating Margin
0.00%
Beta
-0.01

Dividends

Last Dividend
$0.80
Last Yield
0.03%

Summary

Storebrand ASA is a prominent financial services company that primarily offers a wide array of insurance products and related services. Its operational footprint extends across key international markets, including its home country Norway, alongside the United States, Japan, and Sweden. The company's business activities are structured into four main segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings division focuses on wealth accumulation, providing solutions such as retirement planning, defined contribution pensions, comprehensive asset management, and retail banking products. The Insurance segment delivers a broad spectrum of coverage, encompassing health, property and casualty policies, personal risk protection, and various employee- and pension-related insurance offerings. Through its Guaranteed Pension segment, Storebrand offers secure, long-term pension savings plans, which include specific defined contribution pensions, paid-up policies, and individual capital and pension insurance products. The Other segment is primarily dedicated to life insurance provisions. In addition to these core offerings, Storebrand also provides services in securities, banking, and investment management. Its diverse clientele spans private individuals, corporate entities, retail markets, municipalities, and the public sector. Founded in 1767, this long-standing institution is headquartered in Lysaker, Norway.

Website
www.storebrand.no
Location
Lysaker, NY, NO
Phone47 91 50 88 80
Employees2,541
CEOOdd Arild Grefstad
IPO DateNov 3, 2010

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Latest Documents

SEC Filings(4)

Expand
  • F-6 POSPost-effective amendment (depository shares)29 Sep 2017
  • F-6EFEffective registration statement (depository shares)2 Dec 2008
  • F-6EFEffective registration statement (depository shares)5 Nov 2008
  • F-6EFFORM F-610 Oct 2008

News

  • Storebrand ASA (SREDY) Q3 2026 Earnings Call Transcript21 Oct

Mentions in Filings

  • #Salmar ASA 14,921 890,685 \*Salmon Evolution ASA 149,772 76,610 \*SATS ASA 154,596 647,435 Ω\*Scatec ASA 177,392 2,130,763 \*Sea1 offshore, Inc. 54,676 141,830 Selvaag Bolig ASA 49,169 177,231 \*SmartCraft ASA 18,528 41,885 Solstad Maritime Holding A/S 58,211 132,201 Solstad Offshore ASA 46,998 248,722 SpareBank 1 Helgeland 864 15,301 Sparebank 1 Oestlandet 31,071 634,041 SpareBank 1 Sor-Norg …
    Dimensional ETF TrustStorebrand ASA Unsponsored ADR·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … und or to any exchange, or set forth in any registration statement, application, or report to shareholders or otherwise made available to the public. Item C.1. Identification of investment. a. Name of issuer (if any). <strong>STOREBRAND ASA</strong> b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series. 5967007LIEEXZX7NA051 c. Title of the issue or description of the investment. STOREBRAND …
    Dimensional ETF TrustStorebrand ASA Unsponsored ADR·NPORT-P - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … nding Magni Partners in 2014, he served as a director of Seatankers Management Co. Ltd., from 1995 to September 2014 and was the Chief Executive Officer of DNO AS from 1992 to 1995 and an Equity Portfolio Manager with <strong>Storebrand ASA</strong> from 1987 to 1990. During his tenure with Seatankers, Mr. Troim also held executive positions in affiliated companies. This included serving as Chief Executive Officer of Seadrill Ltd., Frontline Ltd., Golar LNG Limit …
    Borr Drilling LtdStorebrand ASA Unsponsored ADR·EX-99.1 - 6-K - EXHIBIT 99.1·Q2 26·8 Apr
  • … nding Magni Partners in 2014, he served as a director of Seatankers Management Co. Ltd., from 1995 to September 2014 and was the Chief Executive Officer of DNO AS from 1992 to 1995 and an Equity Portfolio Manager with <strong>Storebrand ASA</strong> from 1987 to 1990. During his tenure with Seatankers, Mr. Troim also held executive positions in affiliated companies. This included serving as CEO 65 --- of Seadrill Ltd., Frontline Ltd., Golar LNG Limited., and S …
    Borr Drilling LtdStorebrand ASA Unsponsored ADR·20-F - Annual report (foreign private issuer) FY 2025·FY25·26 Mar
  • … nding Magni Partners in 2014, he served as a director of Seatankers Management Co. Ltd., from 1995 to September 2014 and was the Chief Executive Officer of DNO AS from 1992 to 1995 and an Equity Portfolio Manager with <strong>Storebrand ASA</strong> from 1987 to 1990. During his tenure with Seatankers, Mr. Troim also held executive positions in affiliated companies. This included serving as CEO of Seadrill Ltd., Frontline Ltd., and Ship Finance Ltd. Mr. Trøim gra …
    GOLAR LNG LTDStorebrand ASA Unsponsored ADR·20-F - Annual report (foreign private issuer)·26 Mar·26 Mar
  • … PK NA Koninklijke Vopak N.V. # 1.00% 36 55.72 2,006 NXPI NXP Semiconductors N.V. + 2.02% 21 192.35 4,039 WKL NA Wolters Kluwer N.V. # 1.02% 27 75.36 2,035 Norway (1.99%): EQNR Equinor ASA + 0.99% 49 40.51 1,985 STB NO <strong>Storebrand ASA</strong> # 1.00% 111 17.98 1,996 Portugal (1.00%): GALP PL Galp Energia, SGPS, S.A. # 1.00% 78 25.67 2,002 Singapore (2.00%): DBSDY DBS Group Holdings Ltd. (ADR) + 0.99% 11 180.01 1,980 SGAPY Singapore Telecommunications Limit …
    FT 12835Storebrand ASA Unsponsored ADR·487 - FORM S-6 TO EFFECTIVE AMENDMENT·Q1 26·20 Mar

Key Stats

Trading

Px/Chg 1D$40.81 / +0.00%
Avg Volume9.53
Beta-0.01
Mkt Cap8.54B
FD Mkt Cap9.16B

Float

Shrs Out/Float209.32M / 179.70M
Short Float0.00%
Days to Cover4.46
Stock Repurchased$437.00M

Current Valuation

EV53.22B
EV/EBITDA5.32
EV/Sales0.97
P/B0.25
P/S0.16
FCF Yield53.49%
ROE1.77%
ROA0.06%
Current Ratio11.02

Dividend

Cash$0.80
Yield2.51%
Yield (TTM)2.51%

Estimates

P/E1.85
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Feb '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings4.361.061.040.874.4314.38
Price / Sales0.350.241.190.340.000.00
Price / Book Value0.160.090.120.150.200.25
Price / Free Cash Flow2.910.94-2.547.446.821.87
ENTERPRISE VALUE METRICS
Enterprise Value45,756.132,904.042,029.547,099.953,531.553,215.5
Enterprise Value / Sales4.133.1514.233.270.000.00
Enterprise Value / EBITDA12.478.206.234.2719.0324.60
Enterprise Value / EBIT13.068.926.694.4419.6825.58

Financials

Full Financials
Millions NOK5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue—1.010,458.02,954.014,412.0-
Gross Income44.9%-776.09,125.0-31.010,438.0-3,419.0
EBITDA15.3%5,609.04,014.06,745.011,041.09,908.0
EBIT18.8%4,753.03,690.06,279.010,617.09,475.0
Net Income12.7%3,130.02,376.03,378.05,523.05,046.0
EPS (Diluted)15.2%13.3610.0814.6224.9623.50
BALANCE SHEET
Cash & ST Inv12.7%9,986.014,511.013,916.012,022.016,126.0
Total Assets6.1%779,982.0769,649.0896,940.0996,811.0988,183.0
Total Liabilities6.2%750,375.0740,130.0867,409.0964,697.0954,595.0
Total Shareholder Equity2.9%29,607.029,519.029,531.031,712.033,210.0
CASH FLOW
Net Operating Cash Flow—-3,489.02,830.0-1,255.02,336.04,714.0
Cap Ex-19.6%-292.0-137.0-127.0-1,687.0-122.0
Free Cash Flow—-3,781.02,693.0-1,382.0649.04,592.0

Enterprise Value Bridge

Millions NOK21 Oct '26
Price (As of 21 Oct '26)40.16
Basic Shares209.32
Market Cap8,406.4
Diluted Shares211.65
Fully Diluted Shares Outstanding211.65
Fully Diluted Market Cap8,499.9
+Consolidated Debt63,227.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-18,930.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest376.0
+Pension Liabilities—
Enterprise Value53,079.4

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