Sampo
39.59 EUR -1.47%26,040 investors are following this company
Sampo Group is a Nordic property and casualty insurer operating also in the UK and in the Baltics. In the Nordics, Sampo provides insurance services across all countries, customer segments and products. In the UK, the company offers motor and home insurance for private individuals. The Group is made up of If P&C, Topdanmark, Hastings, and the parent company Sampo plc. Sampo was founded in 1909 and it is headquartered in Helsinki, Finland.
P/E (24e)
16.51
EV/EBIT (adj.) (24e)
12.99
P/B (24e)
2.86
Dividend yield-% (24e)
5.05 %
Target price
40.00 EUR
Recommendation
Reduce
Updated
18.6.2024
NASDAQ Helsinki
SAMPO
Daily low / high price
39.44 / 40.2
EUR
Market cap
19.87B EUR
Turnover
22.71M EUR
Volume
573K
Business risk
Valuation risk
Current
Previous
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Kasper Mellas
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Latest videos
Financial calendar
Extraordinary general meeting
09.07.2024
Interim report
07.08.2024
Interim report
06.11.2024
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Solidium Oy | 6.6 % | 6.6 % |
Varma Mutual Pension Insurance Company | 4.4 % | 4.4 % |
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Insider Transactions
Insider | Date | Total value |
---|---|---|
Torbjörn Magnusson | 18.08.2023 | 359,003EUR |
Björn Wahlroos | 04.11.2022 | 27,600,000EUR |
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Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 8,412.0 | 9,746.0 | 7,267.0 | 7,535.0 | 8,336.3 | 8,800.4 | 9,122.0 | 9,425.2 |
growth-% | -3.8 % | 15.9 % | -25.4 % | 3.7 % | 10.6 % | 5.6 % | 3.7 % | 3.3 % |
EBITDA | 380.0 | 3,172.0 | 1,924.0 | 1,480.8 | 1,675.3 | 1,671.8 | 1,763.4 | 1,859.9 |
EBIT (adj.) | 1,541.0 | 2,190.0 | 1,786.0 | 1,480.8 | 1,750.3 | 1,746.8 | 1,763.4 | 1,859.9 |
EBIT | 380.0 | 3,172.0 | 1,924.0 | 1,480.8 | 1,675.3 | 1,671.8 | 1,763.4 | 1,859.9 |
Profit before taxes | 380.0 | 3,172.0 | 1,924.0 | 1,480.8 | 1,675.3 | 1,671.8 | 1,763.4 | 1,859.9 |
Net income | 38.0 | 2,568.0 | 2,107.0 | 1,322.8 | 1,241.3 | 1,304.0 | 1,375.4 | 1,450.7 |
EPS (adj.) | 2.15 | 2.86 | 3.71 | 2.60 | 2.40 | 2.56 | 2.55 | 2.69 |
growth-% | 6.1 % | 32.8 % | 29.8 % | -29.9 % | -7.9 % | 6.8 % | -0.3 % | 5.5 % |
Dividend | 1.70 | 4.09 | 2.60 | 1.80 | 2.00 | 2.10 | 2.10 | 2.20 |
Dividend ratio | 2,484.5 % | 87.3 % | 63.5 % | 68.3 % | 88.4 % | 86.7 % | 82.2 % | 81.6 % |
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | 4.5 % | 32.5 % | 26.5 % | 19.7 % | 20.1 % | 19.0 % | 19.3 % | 19.7 % |
EBIT-% (adj.) | 18.3 % | 22.5 % | 24.6 % | 19.7 % | 21.0 % | 19.8 % | 19.3 % | 19.7 % |
EBIT-% | 4.5 % | 32.5 % | 26.5 % | 19.7 % | 20.1 % | 19.0 % | 19.3 % | 19.7 % |
ROE | 0.3 % | 21.2 % | 18.8 % | 15.7 % | 16.7 % | 16.9 % | 17.3 % | 17.7 % |
ROI | 2.2 % | 18.1 % | 12.4 % | 12.4 % | 15.4 % | 14.9 % | 15.4 % | 15.9 % |
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (EUR) | 31.45 | 40.08 | 44.41 | 39.61 | 39.59 | 39.59 | 39.59 | 39.59 |
Shares | 556.6 | 548.0 | 514.5 | 502.0 | 549.0 | 538.5 | 538.5 | 538.5 |
Market cap | 17,503.0 | 21,965.4 | 22,849.9 | 19,884.1 | 21,734.0 | 21,317.2 | 21,317.2 | 21,317.2 |
Enterprise value | 19,908.0 | 21,492.4 | 23,624.9 | 21,383.1 | 22,735.0 | 22,265.8 | 22,139.1 | 21,932.5 |
EV/S | 2.4 | 2.2 | 3.3 | 2.8 | 2.7 | 2.5 | 2.4 | 2.3 |
EV/EBITDA | 52.4 | 6.8 | 12.3 | 14.4 | 13.6 | 13.3 | 12.6 | 11.8 |
EV/EBIT (adj.) | 12.9 | 9.8 | 13.2 | 14.4 | 13.0 | 12.7 | 12.6 | 11.8 |
EV/EBIT | 52.4 | 6.8 | 12.3 | 14.4 | 13.6 | 13.3 | 12.6 | 11.8 |
P/E (adj.) | 14.6 | 14.0 | 12.0 | 15.2 | 16.5 | 15.5 | 15.5 | 14.7 |
P/E | 460.6 | 8.7 | 11.2 | 15.2 | 17.5 | 16.3 | 15.5 | 14.7 |
P/B | 1.5 | 1.7 | 2.4 | 2.7 | 2.9 | 2.7 | 2.6 | 2.5 |
P/S | 2.1 | 2.3 | 3.1 | 2.6 | 2.6 | 2.4 | 2.3 | 2.3 |
Dividend yield | 5.4 % | 10.2 % | 5.9 % | 4.5 % | 5.1 % | 5.3 % | 5.3 % | 5.6 % |
Equity ratio | 21.7 % | 22.1 % | 26.0 % | 31.7 % | 32.4 % | 32.9 % | 33.6 % | 34.6 % |
Gearing ratio | 19.6 % | -3.5 % | 7.6 % | 19.5 % | 12.5 % | 11.5 % | 9.7 % | 7.0 % |
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 1,820.0 | 1,881.0 | 2,035.0 | 7,535.0 | 2,020.0 | 2,069.8 | 2,113.6 | 2,133.0 | 8,336.3 |
EBITDA | 362.9 | 389.7 | 368.8 | 1,480.8 | 465.0 | 405.1 | 406.1 | 399.2 | 1,675.3 |
EBIT | 362.9 | 389.7 | 368.8 | 1,480.8 | 465.0 | 405.1 | 406.1 | 399.2 | 1,675.3 |
Profit before taxes | 362.9 | 389.7 | 368.8 | 1,480.8 | 465.0 | 405.1 | 406.1 | 399.2 | 1,675.3 |
Net income | 306.2 | 363.2 | 382.8 | 1,322.8 | 343.0 | 293.1 | 293.9 | 311.3 | 1,241.3 |
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Sampo plc’s share buybacks 28 June 2024
Sampo plc’s share buybacks 27 June 2024
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Sampo plc’s share buybacks 26 June 2024
Sampo plc’s share buybacks 25 June 2024
Sampo plc’s share buybacks 24 June 2024
Sampo plc’s share buybacks 20 June 2024
Topdanmark shareholder 1832 Asset Management intends to accept Sampo’s public exchange offer
Sampo plc’s share buybacks 19 June 2024
Sampo plc’s share buybacks 18 June 2024
Sampo: The stalemate is finally resolved
![Recommended public exchange offer to the shareholders of Topdanmark – Q&A](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/d67dbd52-f25a-47c1-b47a-14e3f3ec6feb.png)
Recommended public exchange offer to the shareholders of Topdanmark – Q&A
Sampo plc: Notice of the Extraordinary General Meeting
Sampo to deploy EUR 800 million of capital through a new share buyback programme and potential squeeze-out of Topdanmark minority shares
Inside information: Sampo announces a recommended best and final public exchange offer to the shareholders of Topdanmark
![Sampo - Video review on Q1/2024 results](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/f197e312-5f3f-44c1-819b-023c984695ed.png)
Sampo - Video review on Q1/2024 results
Weather conditions hit profitability as predicted
Sampo finalises the sale of its Saxo Bank stake to Mandatum
![Sampo Oyj, Q1, 2024](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/6565b5fb-b330-41b4-82fe-f46b4a034b15.png)
Sampo Oyj, Q1, 2024
![Sampo Q1’24: Let’s talk about the weather](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/6928eb60-fadc-4327-9cdd-0aab363b290f.png)