Sampo

48,64EUR +0,37 %
24 568 investerare följer bolaget.

Sampo är verksamma inom försäkringsbranschen. Idag bedrivs verksamhet utifrån moderbolaget Sampo Plc samt dotterbolagen IF Skadeförsäkring och Mandatum Life, med vardera specialisering inom administrering, skadeförsäkring, samt riskförsäkring. Kunderna återfinns bland privata aktörer samt företagskunder, med störst verksamhet på den nordiska - och baltiska marknaden. Koncernen grundades ursprungligen 1909 och har sitt huvudkontor i Helsingfors.

P/E (22e)
17,96
EV/EBIT (22e)
11,4
P/B (22e)
2,09
Direktavkastnings- % (22e)
5,82 %
Riktkurs
46.00 EUR
Rekommendation
Minska
Uppdaterad
5.2.2023
NASDAQ Helsinki
SAMPO
Dagens lägsta / högsta pris
48,3 / 48,75 EUR
Börsvärde
25,12 md EUR
Omsättning
25,19 mn EUR
Volym
519 tn
Risk och rekommendation
HögRiskLåg
SäljRekommendationKöp

Analyst

Finansiell kalender

Årsredovisning
2023-02-10
Delårsrapport
2023-05-10
Bolagsstämma
2023-05-17
Delårsrapport
2023-08-09
Delårsrapport
2023-11-08

Income statement

20182019202020212022e2023e2024e2025e
Revenue7 908,008 748,008 412,009 746,0010 809,109 673,8210 074,7010 443,60
growth-%35,99 %10,62 %−3,84 %15,86 %10,91 %−10,50 %4,14 %3,66 %
EBITDA2 095,001 541,40380,003 172,002 020,871 698,771 785,191 857,78
EBIT (adj.)1 898,001 541,401 541,002 190,001 917,871 698,771 785,191 857,78
EBIT2 095,001 541,40380,003 172,002 020,871 698,771 785,191 857,78
Profit before taxes2 095,001 541,40380,003 172,002 020,871 698,771 785,191 857,78
Net income1 687,001 130,4038,002 568,001 504,281 221,791 295,031 348,81
EPS (adj.)2,682,032,152,862,712,392,582,65
growth-%−2,78 %−24,13 %6,07 %32,81 %−5,32 %−11,85 %8,11 %2,77 %
Dividend2,841,501,704,092,833,002,102,19
Dividend ratio93,82 %73,69 %2 484,47 %87,30 %97,29 %124,87 %82,25 %82,73 %

Profitability and return on capital

20182019202020212022e2023e2024e2025e
EBITDA-%26,49 %17,62 %4,52 %32,55 %18,70 %17,56 %17,72 %17,79 %
EBIT-% (adj.)24,00 %17,62 %18,32 %22,47 %17,74 %17,56 %17,72 %17,79 %
EBIT-%26,49 %17,62 %4,52 %32,55 %18,70 %17,56 %17,72 %17,79 %
ROE13,37 %9,31 %0,33 %21,22 %12,11 %10,24 %11,07 %11,51 %
ROI12,01 %8,79 %2,20 %18,13 %12,34 %11,84 %12,85 %13,10 %

Valuation

20182019202020212022e2023e2024e2025e
Share price (EUR)37,8438,9134,5744,0648,6448,6448,6448,64
Shares556,55556,55556,55548,01517,28508,39508,39508,39
Market cap21 062,1521 655,4419 240,0024 145,4125 160,5024 728,1424 728,1424 728,14
Enterprise value23 412,1523 772,4421 645,0023 672,4123 044,2822 124,8622 487,6122 328,61
EV/S2,962,722,572,432,132,292,232,14
EV/EBITDA11,1815,4256,967,4611,4013,0212,6012,02
EV/EBIT (adj.)12,3415,4214,0510,8112,0213,0212,6012,02
EV/EBIT11,1815,4256,967,4611,4013,0212,6012,02
P/E (adj.)14,1419,1616,0515,4017,9620,3718,8418,33
P/E12,4819,16506,329,5116,7320,3718,8418,33
P/B1,701,821,691,892,092,092,142,08
P/S2,662,482,292,482,332,562,452,37
Dividend yield7,51 %3,85 %4,91 %9,29 %5,82 %6,17 %4,31 %4,51 %
Equity ratio26,38 %24,15 %21,68 %22,05 %21,87 %21,90 %21,39 %21,78 %
Gearing ratio18,06 %16,88 %19,62 %−3,51 %−16,63 %−20,85 %−18,28 %−19,14 %

Quarter data

Q4/212021Q1/22Q2/22Q3/22Q4/22e2022eQ1/23eQ2/23e
Revenue2 247,009 746,003 342,002 703,002 401,002 363,0610 809,102 438,082 346,31
EBITDA1 198,003 172,00566,00500,00406,00548,872 020,87393,17410,77
EBIT1 198,003 172,00566,00500,00406,00548,872 020,87393,17410,77
Profit before taxes1 198,003 172,00566,00500,00406,00548,872 020,87393,17410,77
Net income1 050,002 568,00467,00399,00306,00332,281 504,28280,86294,59
Publisher
Video

Sampo parallellnoteras på Stockholmsbörsen

Sampos vd Torbjörn Magnusson sammanfattar bolaget som investeringsobjekt, de senaste årens track-record, samt den kommande parallellnoteringen i intervjun med Peter Sergel, Inderes COO i Sverige.

2022-11-17 av Isa Hudd
Publisher
Video

Sampo: Rock solid If

Even though If P&C fell slightly short of market expectations, its performance remains strong. Analyst Sauli Vilén comments.

2022-11-08 av Antti Järvenpää
Publisher
Video

Sampo: Rock solid If

Even though If P&C fell slightly short of market expectations, its performance remains strong. Analyst Sauli Vilén comments.

2022-11-07
Publisher
Aktieanalys

Sampo: Strong development continues

Q3 results were soft as If P&C fell slightly short of market expectations. However, in the big picture, this hasn’t led to major estimate changes and our view on the sum of the parts has remained unchanged.

Publisher
Video

Sampo Q3’22: Towards dual listing on Stockholm

Sampo had, as usual, excellent underwriting results. CFO Knut Alsaker comment’s on the results, economic situation and future dual listing on Stockholm stock exchange.

2022-11-02 av Verneri Pulkkinen
Publisher
Aktieanalys

Sampo: The share starts to be fully priced

Sampo will publish its Q3 results on Wednesday (November 2). We have made minor revisions to our estimates, mainly related to investment income. At group level the changes remain small. We expect excellent technical performance from Sampo. The share price has continued to rise in the gloomy stock market and the share is finally priced in line with the sum of its parts.

Publisher
Video

Sampo Investor Update – Thursday, Sep. 8 at 3:00 pm EEST

Welcome to follow Sampo's Investor Update on September, 8 at 3:00 pm EEST (1:00 UK time).

2022-09-08
Publisher
Video

Sampo Q2’22: Strong Numbers

Sampo reported robust numbers for Q2'22, with excellent performance from the group crown jewel If. The solvency was also clearly stronger than expected, and well above the target level. Analyst Sauli Vilén gives his view on the company’s result, solvency...

2022-08-04
Publisher
Aktieanalys

Sampo: Expected return just barely sufficient

Sampo put up strong Q2 numbers and If P&C once again showed why it is the highest quality insurer in the Nordic countries. We have revised our estimates slightly upwards, led by If P&C.

2022-08-04 av Sauli Vilén, Matias Arola
Publisher
Video

Sampo Group Half-Year Financial Report 2022 - Wednesday, Aug 3 at 4:00 pm EEST

Follow Sampo Group's Half-Year Financial Report 2022 Analyst conference call on Wednesday, August 3 at 4:00 pm EEST on inderesTV.

2022-08-03
Publisher
Video

Sampo Q2’22: If is in Excellent Shape

Sampo Group posted a strong second quarter results driven by the crown jewel of group, property and casualty insurance business If. If's CEO Morten Thorsrud comments on the results, business drivers, inflation ja competitive landscape. Read more about...

2022-08-03
Publisher
Video

Sampo: a Dividend Machine

Sampo is a Nordic insurance business group known for its high dividend yield and excellent underwriting performance. The company has recently made a transformation from a conglomerate to a pure insurance business with operations in the Nordic and Baltic...

2022-06-13
Publisher
Aktieanalys

Sampo: Target price revised with dividend payment

Our target price is also in line with the company’s sum of the parts. Our estimates remain unchanged and we expect stable and good earnings development from Sampo in the next few years. The share’s expected return in the next few years consists of secure...

2022-05-23 av Sauli Vilén, Matias Arola
Publisher
Aktieanalys

Sampo: Still not hopping off

Sampo's Q1 result exceeded our forecast thanks to strong development in If P&C and Mandatum. However, the beat came through certain non-recurring factors and investment income. Thus, the report didn't cause major estimate revisions.

2022-05-05 av Sauli Vilén, Matias Arola
Publisher
Video

Sampo Q1'22: Delicious positioning for the future

Insurance conglomerate Sampo Group’s insurance businesses continued their steady and profitable growth. Sampo is in a delicious position as interest rates rise, boosting investment income while combined ratio stays low. Group CEO Torbjörn Magnusson comments...

2022-05-04
Publisher
Video

Sampo Q1'22 Interim Statement for January - March 2022 conference call

Live conference call on 4 May 2022 at 4 pm Finnish time (2 pm UK time).

2022-05-04
Publisher
Video

ANNUAL GENERAL MEETING 2018 - Björn Wahlroos & Kari Stadigh

Welcome to follow Sampo Group's AGM 2018.

2018-04-20