Professional
Added to YB: 2024-04-01
Pitch date: 2024-03-28
PROT.OL [bullish]
Protector Forsikring ASA
+133.35%
current return
Author Info
Symmetry Invest is a portfolio that focuses on Small- and Mid-cap stocks primarily in Europe and the USA. The long-term objective is to deliver the highest possible growth in net asset value per share at the lowest possible risk. Visit their website.
Company Info
Protector Forsikring ASA, operates as a non-life insurance company, provides direct general insurance and reinsurance to the commercial lines of business, public sector, and affinity schemes.
Market Cap
NOK 40.8B
Pitch Price
NOK 214.27
Price Target
N/A
Dividend
1.61%
EV/EBITDA
13.57
P/E
17.86
EV/Sales
3.23
Sector
Insurance
Category
growth
Symmetry Invest A/S Portfolio Holding: Protector Forsikring ASA
PROT.OL: Insurer w/ 20%+ annual return since 2013 for Symmetry Invest. 2023 results: 37% premium growth, 88.5 combined ratio (better than expected), 7.9% investment return. Trades at 10x 2024 earnings, far below 15-20x peers. Symmetry sees continued upside.
Read full article (1 min)