Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Vátryggingafélag Íslands hf. provides various insurance products and services in Iceland. The company operates through three segments: Casualty Insurance, Life Insurance, and Financial Activities. It offers property, marine and cargo, mandatory vehicle, other vehicle, general liability, accident and health, and life and health insurance, as well as foreign reinsurance products. The company also engages in the underwriting and investment activities. It provides insurance products for construction, tourism and transportation, healthcare and specialist, fisheries, agriculture, administration, trade and service, manufacturing, and industry sectors. Vátryggingafélag Íslands hf. was founded in 1917 and is headquartered in Reykjavik, Iceland.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EBITD.