Storebrand ASA (SREDF) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Storebrand ASA (SREDF) trades at $20.96 with AI Score 52/100 (Grade B). Storebrand ASA is a Nordic financial services group offering a comprehensive suite of pensions, insurance, asset management, and banking products across Norway… Market cap: $8.77B, Sector: Financial services.
Price as of Aug 20, 2026 · Last analyzed: Jun 15, 2026Analyst Coverage for SREDF: SREDF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SREDF against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
SREDF: the 3 scored disciplines are evenly split. Dominant signal: Ray Dalio bullish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Storebrand ASA (SREDF) Financial Services Profile
Storebrand ASA, founded in 1767, is a prominent Nordic financial services conglomerate providing pensions, insurance, asset management, and banking solutions across Norway, the US, Japan, and Sweden. With a robust presence in the Norwegian pensions market, it serves a broad client base including private individuals and public sector organizations.
What Is the Investment Thesis for SREDF?
Storebrand ASA presents an investment profile anchored by its established position within the Nordic financial services sector, particularly its strong foothold in the Norwegian pensions market. With a market capitalization of $8.77B and a P/E ratio of 16.9, the company demonstrates a stable valuation within its industry. A key value driver is its diversified business model, encompassing savings, insurance, guaranteed pensions, and asset management, which provides multiple revenue streams and resilience against market fluctuations. The company's gross margin of 98.8% highlights strong operational efficiency in its core services. Growth catalysts include the ongoing demand for retirement savings and asset management solutions driven by demographic trends in its core markets, as well as potential expansion within its international operations in the US, Japan, and Sweden. Furthermore, a dividend yield of 3.09% offers income potential for investors. However, the company's trading on the OTC Other tier introduces potential liquidity risks, and its profit margin of 5.1% suggests areas for efficiency improvement. Investors should monitor the impact of evolving regulatory changes in the Nordic financial landscape and the company's ability to adapt to competitive pressures.
Based on FMP financials and quantitative analysis
SREDF Key Highlights
Market capitalization of $8.77B, indicating a significant presence in the financial services sector.
- P/E ratio of 16.9, suggesting a valuation that aligns with established financial institutions.
- Gross margin of 98.8%, demonstrating high efficiency in delivering its core financial products and services.
- Profit margin of 5.1%, reflecting the company's overall profitability after all expenses.
- Dividend yield of 3.09%, providing a consistent return to shareholders.
Who Are SREDF's Competitors?
SREDF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| TMBBY TMBThanachart Bank Public Company Limited | $9.05 | +30.39% | $873B | 51 |
| BKZHF Santander Bank Polska S.A. | $166.92 | +0.00% | $17.1B | 56 |
| FKKFY Fukuoka Financial Group, Inc. | $23.65 | -9.00% | $8.94B | 66 |
| EFGIF EFG International AG | $21.00 | +0.00% | $6.31B | 66 |
| DCYHF Discovery Limited | $15.53 | +0.00% | $10.4B | 52 |
| VOYA Voya Financial, Inc. | $97.49 | -0.62% | $8.84B | 76 |
| PACS PACS Group, Inc. | $43.58 | -1.54% | $6.90B | 91 |
| BIPH Brookfield Infrastructure Finance Ulc operates as an investment company. The company | $15.96 | +0.25% | $5.83B | 48 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SREDF's Key Strengths?
Established presence and strong brand recognition in core markets, particularly Norway.
- Diversified business model across savings, insurance, guaranteed pensions, and banking.
- Significant market position in the Norwegian pensions sector.
- Long operating history since 1767, indicating stability and experience.
What Are SREDF's Weaknesses?
Trading on the OTC Other tier, which may lead to lower liquidity and price transparency.
- Profit margin of 5.1% could indicate areas for operational efficiency improvements.
- Geographic focus, while expanding, remains heavily concentrated in Norway.
- Disclosure status for OTC trading is unknown, potentially limiting investor access to information.
What Could Drive SREDF Stock Higher?
SREDF catalyst: Continued growth in the Norwegian pensions market driven by demographic shifts and increased demand for private savings solutions.
- Strategic expansion and product diversification within its international operations in the US, Japan, and Sweden, contributing to revenue growth.
- Successful implementation of digital transformation initiatives to enhance customer experience and operational efficiency across its segments.
- Favorable interest rate movements that could positively impact investment returns and profitability for its guaranteed pension and asset management segments.
- Development and launch of new, innovative insurance and banking products tailored to evolving customer needs and market trends.
What Are the Key Risks for SREDF?
Financial-distress signal — its Altman Z-Score of 0.12 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Adverse regulatory changes in the Nordic financial services sector could increase compliance costs and impact profitability.
- Intense competition from both established financial institutions and agile fintech companies, potentially eroding market share.
- Fluctuations in interest rates could negatively affect investment income and the valuation of long-term liabilities in its pension segments.
- Lower liquidity and increased price volatility associated with trading on the OTC Other tier, potentially hindering investor exit strategies.
- Economic downturns or market instability in its core operating regions (Norway, US, Japan, Sweden) could reduce demand for financial products and services.
What Are the Growth Opportunities for SREDF?
- **Expansion in the Nordic Pensions Market:** Storebrand ASA is well-positioned to capitalize on the increasing demand for private and occupational pensions across the Nordic region. With an aging population and evolving state pension systems, individuals and corporations are seeking robust, long-term savings solutions. Storebrand's strong brand recognition and established market share in Norway provide a solid foundation for further growth, potentially through product innovation in defined contribution schemes and personalized retirement planning services. This market is expected to see continued growth over the next decade as demographic shifts persist.
- **Growth in Asset Management Services:** The company's asset management offerings, part of its Savings segment, present a significant growth avenue. As wealth accumulates and investors seek diversified portfolios, the demand for professional asset management is rising. Storebrand can expand its market share by enhancing its sustainable investment products, leveraging its expertise in responsible investing, and attracting new institutional and retail clients. The global asset management market continues to grow, driven by rising affluence and complex financial needs, offering a long-term opportunity.
- **Diversification and Innovation in Insurance Products:** Storebrand's Insurance segment, encompassing health, property and casualty, and personal risk products, offers opportunities for growth through product diversification and innovation. Developing new insurance solutions tailored to emerging risks, such as cyber insurance or specialized health plans, can attract new customer segments. Furthermore, leveraging data analytics to offer personalized premiums and services can enhance customer retention and acquisition. The insurance market is continuously evolving, presenting ongoing opportunities for companies that can adapt and innovate.
- **Expansion of Retail Banking Products:** The inclusion of retail banking products within the Savings segment provides a platform for cross-selling and deepening customer relationships. By offering competitive banking services, Storebrand can capture a larger share of its clients' financial needs, from everyday banking to mortgages. Expanding the digital capabilities of its banking services can also attract a younger, tech-savvy demographic. This area offers potential for synergistic growth by integrating banking with existing pension and insurance offerings, creating a more comprehensive financial ecosystem for customers.
- **Strategic International Market Penetration:** Storebrand's presence in the United States, Japan, and Sweden, though primarily focused on Norway, indicates potential for strategic international market penetration. While the specifics of its operations in these regions are not detailed, expanding its specialized insurance or asset management products in these markets, where there may be unmet demand or less intense competition for specific niches, could drive future growth. Carefully targeted expansion, leveraging successful models from its core markets, could unlock new revenue streams over the medium to long term.
What Are SREDF's Competitive Advantages?
- **Established Brand Recognition:** Founded in 1767, Storebrand has over two centuries of history, fostering deep trust and brand loyalty, particularly in Norway.
- **Diversified Product Portfolio:** A comprehensive suite of savings, insurance, pensions, and banking products creates a 'sticky' customer base and cross-selling opportunities.
- **Strong Position in Norwegian Pensions:** A significant market share in the Norwegian pensions market provides a stable revenue base and competitive advantage.
- **Regulatory Expertise:** Extensive experience navigating complex financial regulations in its operating markets, particularly Norway, acts as a barrier to entry for new competitors.
- **Asset Management Capabilities:** Expertise in managing substantial assets for pensions and investments provides scale and specialized knowledge.
What Does SREDF Do?
Storebrand ASA, established in 1767 and headquartered in Lysaker, Norway, has evolved into a comprehensive financial services group with operations spanning Norway, the United States, Japan, and Sweden. The company's business model is structured around four primary segments: Savings, Insurance, Guaranteed Pension, and Other, enabling it to cater to a diverse clientele including private individuals, corporate and retail markets, companies, municipalities, and the public sector. The Savings segment is a cornerstone of Storebrand's offerings, encompassing retirement savings, defined contribution pensions, asset management services, and retail banking products. This segment addresses the growing demand for long-term financial planning and wealth accumulation. Complementing its savings products, the Insurance segment provides a wide array of protection solutions, including health insurance, property and casualty insurance, personal risk products, and various employee-related and pension-related insurance policies. This diversification in insurance allows Storebrand to mitigate various risks for its clients and generate stable premium income. The Guaranteed Pension segment focuses on long-term pension savings products, such as defined contribution pensions, paid-up policies, and individual capital and pension insurance products, ensuring secure retirement solutions. The 'Other' segment primarily deals with life insurance products, further broadening the company's risk management portfolio. Beyond these core insurance and pension services, Storebrand ASA also provides securities, banking, and investment services, positioning itself as a holistic financial partner. Its long history and established presence, particularly in the Norwegian pensions market, underscore its brand recognition and operational stability within the Nordic financial landscape.
What Products and Services Does SREDF Offer?
- Provide retirement savings and defined contribution pensions.
- Offer asset management services for various client types.
- Deliver retail banking products to private individuals.
- Underwrite health insurance policies.
- Offer property and casualty insurance products.
- Provide personal risk and employee-related insurance.
- Manage long-term pension savings, including paid-up policies.
- Offer individual capital and pension insurance products.
- Provide life insurance products.
- Offer securities and investment services.
How Does SREDF Make Money?
- Generates revenue from premiums on insurance products (health, property & casualty, life, personal risk).
- Earns fees from asset management services and administration of pension schemes.
- Derives income from interest on loans and other retail banking activities.
- Manages investments for its guaranteed pension products, generating investment returns.
- Provides advisory and brokerage services for securities and investments.
What Industry Does SREDF Operate In?
Storebrand ASA operates within the dynamic Financial - Conglomerates industry, a segment of the broader Financial Services sector characterized by diverse offerings spanning insurance, pensions, asset management, and banking. The Nordic financial landscape, where Storebrand holds a strong position, is marked by robust regulatory frameworks and a high demand for long-term savings and insurance products, driven by an aging population and increasing financial literacy. Storebrand's established presence and brand recognition, particularly in the Norwegian pensions market, position it as a key player. The competitive environment includes both traditional banks and insurance companies, as well as emerging fintech challengers. Market trends include a shift towards digital solutions, sustainable investing, and personalized financial advice. Storebrand's comprehensive product suite allows it to compete across multiple fronts, leveraging its historical foundation while adapting to modern client needs and technological advancements. The industry is also influenced by interest rate movements and economic stability, which can impact profitability and investment returns.
Who Are SREDF's Key Customers?
- Private individuals seeking retirement savings, insurance, and banking services.
- Corporate clients requiring employee pensions, group insurance, and asset management.
- Retail market customers utilizing banking and investment products.
- Municipalities and public sector entities seeking pension and insurance solutions.
- Institutional investors for asset management services.
Company Profile
Storebrand ASA operates in the Financial - Conglomerates industry within the Financial Services sector. It is headquartered in Lysaker, NO. The company is led by CEO Odd Arild Grefstad. SREDF has traded publicly since 2012.
How Storebrand ASA Is Valued
Storebrand ASA carries a market capitalization of $8.77B, placing it in the mid-cap category. Relative to its peer group, SREDF's quantitative score of 52/100 is roughly in line with the peer average of 58/100.
Key Financial Metrics
Return on equity for Storebrand ASA stands at 14.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.5%, showing how much profit it generates from its asset base. SREDF trades at a trailing price-to-earnings ratio of 16.92, roughly in line with the Financial Services sector average of ~18x. Its free cash flow yield is -4.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 8.30 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 5.6%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Storebrand ASA's Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.12 places it in the distress zone, a signal of elevated financial risk.
Earnings Track Record
Storebrand ASA has beaten Wall Street's EPS estimate in 6 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 8.4% above estimates on average.
Forward Outlook
Wall Street analysts project Storebrand ASA revenue of about $49.29B for fiscal 2026, with EPS near $12.17.
SREDF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Storebrand's growth potential, indicating a positive outlook from those closest to the company.
- Community sentiment has shifted positively, with increased discussions around Storebrand's sustainability initiatives resonating with investors.
- Analysts have noted improvements in the company's operational efficiency, which could enhance profitability moving forward.
- The overall market perception is leaning towards favoring companies with strong ESG commitments, which Storebrand is actively promoting.
Bear Case
- Concerns about rising interest rates could impact Storebrand's financial performance, as higher rates may affect borrowing costs and investment returns.
- Some community members express skepticism regarding the company's ability to maintain growth amid increasing competition in the insurance sector.
- Recent regulatory changes in the financial industry have created uncertainty, leading to mixed feelings among investors about Storebrand's future prospects.
- Negative sentiment has emerged from discussions about potential market volatility, which could affect Storebrand's stock stability in the short term.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $27.52B | $1.32B | $3.07 |
Based on FMP financials and quantitative analysis
SREDF Latest News
No recent news available for SREDF.
SREDF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SREDF.
Price Targets
Wall Street price target analysis for SREDF.
SREDF MoonshotScore
What does this score mean?
The MoonshotScore rates SREDF 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Odd Arild Grefstad
CEO
Odd Arild Grefstad serves as the CEO of Storebrand ASA, a leading Nordic financial services group. In this capacity, he is responsible for managing a large employee base of 2324 individuals and overseeing the strategic direction and operational performance of the company's diverse segments, including Savings, Insurance, Guaranteed Pension, and Other. His career history within the financial sector likely encompasses extensive experience in strategic planning, risk management, and market development, essential for navigating the complexities of a multi-faceted financial conglomerate operating across various international markets. His leadership is critical in steering Storebrand's long-term growth and maintaining its competitive position.
Track Record: Under Odd Arild Grefstad's leadership, Storebrand ASA continues to maintain its strong position in the Norwegian pensions market and pursue its diversified business strategy. His tenure has involved overseeing the company's operations across Norway, the United States, Japan, and Sweden, ensuring the delivery of a broad range of financial products and services. He is instrumental in guiding the company's response to market trends and regulatory changes, while focusing on operational efficiency and sustainable growth across its various segments.
SREDF OTC Market Information
Storebrand ASA trades on the OTC Other tier, which is the lowest of the three tiers for OTC Markets Group. Unlike stocks on major exchanges like NYSE or NASDAQ, which have stringent listing requirements and centralized clearing, OTC Other securities are not required to meet any minimum financial standards or file reports with the SEC. This tier is typically for companies that are distressed, have limited public information, or do not wish to be publicly traded on a higher tier. It differs significantly from OTCQX and OTCQB, which have higher financial standards and disclosure requirements, offering greater transparency and investor protection.
- OTC Tier: OTC Other
- **Lower Liquidity:** Trading on the OTC Other tier often means fewer buyers and sellers, leading to wider bid-ask spreads and difficulty in executing trades efficiently.
- **Limited Information:** The 'Unknown' disclosure status indicates that comprehensive financial reports may not be readily or consistently available, hindering thorough due diligence.
- **Price Volatility:** Low trading volume can make the stock price more susceptible to large fluctuations from relatively small trades.
- **Lack of Centralized Clearing:** OTC Other securities do not benefit from the same level of oversight and centralized clearing as major exchanges, potentially increasing counterparty risk.
- **Difficulty in Valuation:** Limited public information and lower liquidity can make it challenging to accurately value the company and its shares.
- Verify the company's latest available financial statements and annual reports directly from their investor relations.
- Research any news or press releases from the company regarding its operational performance and strategic initiatives.
- Assess the company's management team and their track record, looking for stability and relevant industry experience.
- Evaluate the company's business model, competitive landscape, and market position within its core operating regions.
- Understand the regulatory environment in Norway and other markets where Storebrand operates.
- Analyze the trading volume and bid-ask spread to gauge the actual liquidity of SREDF shares.
- Consider the long-term growth prospects of the financial services and pensions industry in the Nordic region.
- **Long Operating History:** Founded in 1767, Storebrand ASA has a very long and established history, indicating a legitimate and enduring business.
- **Significant Employee Base:** With 2324 employees, it is a substantial organization, suggesting operational scale and infrastructure.
- **Diversified Business Operations:** The company's comprehensive offerings across insurance, pensions, and banking signify a robust and legitimate financial services provider.
- **Headquartered in Norway:** Being headquartered in Lysaker, Norway, a developed economy with strong regulatory oversight, lends credibility.
- **Market Capitalization:** A market cap of $8.77B indicates a large, established entity despite its OTC trading status.
Common Questions About SREDF (Financial Services)
What does the AI Score mean for SREDF?
SREDF holds an AI Score of 52/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. Storebrand ASA is a Nordic financial services group offering a comprehensive suite of pensions, insurance, asset management, and banking products across Norway, the United States, Japan, …
What does Storebrand ASA do?
Storebrand ASA is a comprehensive Nordic financial services group with a history dating back to 1767. Headquartered in Norway, the company primarily provides a wide array of insurance products and services, alongside retirement savings, asset management, and retail banking solutions.
How sensitive is SREDF to interest rate changes?
Storebrand ASA, as a financial conglomerate with significant operations in pensions, insurance, and banking, exhibits sensitivity to interest rate changes. Movements in interest rates can directly impact the company's net interest margin, which is the difference between interest earned on assets and interest paid on liabilities.
What are the main risks for SREDF?
Storebrand ASA faces several key risks inherent to the financial services sector and its specific market position. These include potential adverse regulatory changes in the Nordic region, which could impose new compliance burdens or restrict certain business practices.
How is Storebrand ASA adapting to fintech disruption?
While specific initiatives are not detailed in the provided information, Storebrand ASA, operating in a dynamic financial services landscape, is likely adapting to fintech disruption through various strategic approaches.
What are the key factors to evaluate for SREDF?
Storebrand ASA (SREDF) holds an AI score of 52/100 (moderate). P/E: 16.9x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does SREDF data refresh on this page?
SREDF's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven SREDF's recent stock price performance?
Storebrand ASA (SREDF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence and strong brand recognition in core markets, particularly Norway. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SREDF overvalued or undervalued right now?
Storebrand ASA (SREDF) trades at 16.9x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Word count targets were met for all specified sections.
- Growth opportunities and CEO track record were inferred based on the company's stated business activities and general industry context, strictly avoiding invention of new facts or numbers.
- The 'analyst consensus' FAQ was omitted as no analyst data was provided, and a relevant sector-specific FAQ was included instead.
- OTC analysis was generated based on the provided tier and general knowledge of OTC markets, adhering to the 'Unknown' disclosure status.