Tryg A/S (TRYG) Fair Value & Analysis
Financial Services · DK · Market cap 91.8B DKK
Fair value as of: Aug 13, 2026
From 6 valuation models · updated yesterday
Fair value updated Aug 13, 2026, revised from kr 116.45 to kr 67.88 (−41.7%) since Jul 17, 2026. Share price −1.3% over the past month.
A solid business, but screening 56% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (kr 84.86). The favourable scenario is already priced in.
- Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range kr 108.14 – kr 162.31 · fair‑value band kr 50.92 – kr 84.86 · the kr 153.00 price screens above the kr 67.88 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Tryg A/S (TRYG) currently trades at kr 153.00, while our model-based Fair Value estimate is kr 67.88, implying the stock looks roughly 55.6% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Tryg A/S generated revenue of 43.2B DKK at a net margin of 12.1%. Revenue grew 2.2% year over year. It earns a return on equity of 13.5%. Net debt stands at 2.8B DKK. Fundamentals as of Aug 13, 2026
Our scenario range runs from kr 50.92 (bear case) to kr 84.86 (bull case); at kr 153.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 7% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -30% fair-value upside, at -56%, TRYG screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 6 models by family
Widest divergence: Dividend Discount (kr 120.24) versus Asset-Based (kr 44.55). Highest evidence: Residual Income (76).
Notify me when TRYG reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 65 · Market factors (momentum, volatility) 59
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Tryg A/S, together with its subsidiaries, engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally. It operates through Private and Commercial segments.
Full company description
Tryg A/S, together with its subsidiaries, engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally. It operates through Private and Commercial segments. The company offers insurance products, such as motor, content, house, accident, travel, motorcycle, and pet and health, as well as property, liability, workers' compensation, and health under the Trygg-Hansa, Atlantica, Bilsport & MC, and Moderna Djurförsäkringar brands. It sells its products through its sales agents, online, call centers, franchises, bancassurance, car dealers, real estate agents, insurance brokers, and partners. The company was founded in 1731 and is headquartered in Ballerup, Denmark.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Tryg A/S reported revenue of kr 41.4B in FY2025 versus kr 23.9B in FY2021, a compound +14.7%/yr. Reported net income was kr 5.3B in FY2025, compounding +14.0%/yr from FY2021.
of which total revenue +9.6 pp · buybacks/dilution −6.1 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
TRYG screens 56% overvalued. Compare with Berkshire Hathaway Inc →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Tryg AS (STU:T2V1) Q2 2026 Earnings Call Highlights: Strong Private Segment Growth Amidst Challenges
- Tryg A/S – Financial Calendar for 2027
- Tryg A/S – interim report Q2 and H1 2026
- Tryg A/S - Q2 2026 pre-silent newsletter
Peer Group
Insurance - Diversified · 84 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Insurance - Diversified median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 30/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Berkshire Hathaway Inc BRKB | 8,562 MXN | 10,429 MXN | +22% |
| Allianz SE ALV | €437.80 | €266.04 | -39% |
| Zurich Insurance Group ZURN | CHF 589.20 | CHF 392.99 | -33% |
| AXA SA AXAN | 888.28 MXN | 623.98 MXN | -30% |
| Assicurazioni Generali S.p.A G | €43.88 | €13.91 | -68% |
| BB Seguridade Participações S.A BBSE3 | R$37.26 | R$33.94 | -9% |
| PT Sinar Mas Multiartha Tbk SMMA | 20,175 IDR | 4,617 IDR | -77% |
| ICICI Lombard General Insurance Company ICICIGI | ₹1,635 | ₹589.67 | -64% |
| The New India Assurance Company NIACL | ₹181.09 | ₹128.57 | -29% |
| Seoul Guarantee Insurance Co 031210 | 44,150 KRW | 56,679 KRW | +28% |
Compare Tryg A/S with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Financial Services stocks →
Frequently asked questions
Is Tryg A/S (TRYG) overvalued or undervalued?
What is the fair value of TRYG?
What is the quality score of TRYG?
What is the revenue of Tryg A/S (TRYG)?
What is the net profit margin of TRYG?
Does Tryg A/S pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Tryg A/S and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.