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    Multi-line insurance
Sjova-Almennar tryggingar hf

Sjova-Almennar tryggingar hf

IICE:SJOVA
43.80
ISK
-0.20
(-0.45%)
46.00BMarket Cap
Sjova-Almennar tryggingar hf
ICE:SJOVA
(Nasdaq Iceland)

Recent

price

43.80

P/E

ratio

- -

div

yld

2.19%

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
ISK
8.93
9.02
8.88
11.52
11.78
12.2
12.88
17.14
18.84
24.11
23.65
29.39
31,980.9
30.12
- -
Revenue per Share
1.29
1.12
0.66
0.42
1.75
1.19
0.46
2.82
3.98
7.34
2.22
3.97
3,666.73
1.79
- -
Basic EPS, GAAP
1.57
-0.3
-1.3
3.09
0.73
2.63
1.71
0.82
0.44
5.15
4.86
4.35
441.26
3.08
- -
Free Cash Flow per Basic Share
- -
- -
- -
2.56
0.43
1.77
1.06
0.48
- -
2.03
3.19
1.62
2,120
2.94
0.96
Dividend per Share
9.41
11.89
12.56
10.42
11.6
10.2
9.7
11.73
15.99
19.2
14.01
15.14
21.73
20.68
20.6
Book Value per Share
6.3
9
9.95
10.21
11.41
10.02
9.53
11.55
15.81
19.01
13.85
14.98
21.52
20.47
20.39
Tangible Book Value per Share
1,593
1,593
1,593
1,562
1,534
1,465
1,407
1,368
1,337
1,303
1,192
1,166
1
1,157
1,150
Basic Weighted Avg Shares
14,218
14,367
14,148
17,992
18,072
17,876
18,122
23,441
25,192
31,429
28,193
34,285
36,989
34,852
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
520
547
559
3,918
118
115
90
207
223
173
190
197
223
244
- -
Depreciation Expense
2,057
1,790
1,055
657
2,690
1,746
652
3,853
5,320
9,570
2,650
4,626
4,241
2,066
- -
Net Income, GAAP
19.39
16.61
16.2
- -
12.24
16.28
31.54
12.64
10.26
7.52
13.68
13.45
11.06
32.59
- -
Effective Tax Rate (%)
14.47
12.46
7.46
3.65
14.89
9.77
3.6
16.44
21.12
30.45
9.4
13.49
11.47
5.93
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
405
289
1,321
1,342
1,341
1,314
1,250
1,203
LT Debt
14,991
18,948
20,003
16,291
17,454
15,206
13,827
16,294
21,364
24,339
21,332
23,321
25,128
24,025
23,935
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
10.58
5.42
- -
15.94
10.69
4.49
29.85
30.92
40.07
10.97
19.54
16.83
8.16
- -
Return on Capital (%)
- -
10.55
5.42
3.62
15.94
10.69
4.49
25.58
28.25
41.88
11.61
20.72
17.51
8.41
- -
Return on Common Equity (%)

Capital Structure

ISK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1,250
1,227
1,203
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,162
1,162
1,162
Market Capitalization
50,534
41,589
46,003

Working Capital

ISK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,754
2,053
1,603
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

ISK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.84%
2.85%
-4.39%
Free Cash Flow
155.7%
305.81%
597.44%
Net Income, GAAP
76.33%
4.5%
-51.28%
Sales/Revenue/Turnover
7.57%
7.64%
-5.78%
Total Cash Common Dividend
- -
- -
38.68%

Quarterly Revenue

ISK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,369
7,948
9,793
10,899
36,989
2025
7,200
8,295
- -
9,831
34,852
2026
7,772
9,428
- -
- -
- -

Quarterly Earnings Per Share

ISK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
-0.38
1.25
2.43
3,666.73
2025
-0.47
0.05
- -
1.21
1.79
2026
0.21
0.78
- -
- -
- -

Quarterly Dividends Per Share

ISK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.1
- -
- -
- -
2,120
2025
2.96
- -
- -
- -
2.94
2026
0.97
- -
- -
- -
- -
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Business
Sjóvá-Almennar tryggingar hf. Sjóvá-Almennar tryggingar hf. operates as a leading multiline insurance provider in Iceland, offering a comprehensive range of personal and commercial insurance products including motor vehicle, family and home, life and critical illness, medical cost, life and health, travel, animals, leisure, property, liability, fire, commercial property, vessel crew, and transport cargo insurance; for businesses, it provides tailored solutions such as fire insurance and commercial property coverage. The company serves individuals, families, and businesses across Iceland through its headquarters in Reykjavík at Kringlan 5 and a network of over a dozen branches and nearly 40 tied agents nationwide, emphasizing customer satisfaction, digital advisory tools, roadside assistance, and rapid claims processing. Founded in 1918 as Sjóvátryggingafélag Íslands and evolving through mergers in 1989 with Almennar Tryggingar and a restructuring in 2009, it maintains a subsidiary, Sjóvá-Almennar líftryggingar hf., the largest life insurer in Iceland with a 30-35% market share, whose operations are fully outsourced to the parent. Recent developments include recognition on the Equality Scale 2025, participation in the Fire Prevention Alliance Conference 2025, sustained top rankings in the Icelandic Customer Satisfaction Index for eight years, quarterly profit growth with Q3 2025 net profit of ISK 1,145 million and insurance contract revenues up 3.7% year-over-year, and Central Bank approval in 2024 for share repurchases amid investments in technology and product expansions.