TGVSF

Tryg A/S

Financial Services · $13.1B market cap

Is TGVSF undervalued?

Share price

$22.00

as of Oct 8, 2026

Fair value

$20.24

Sticker Price

Payback Price

$8.10

buy price

Fairly Valued

TGVSF is Fairly Valued: at $22.00 it's within 9% of its fair value of $20.24. Its buy price (Payback Price) is $8.10, 63% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Free Cash Flow. Sales grew 7% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth12.3% a year✓
Equity per share growth3.7% a year✗
Sales growth3.8% a year✗
Free cash flow growth7.0% a year✗
Return on invested capital4.0%✗

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Questions about TGVSF

What is TGVSF's fair value?

$20.24 as of Oct 8, 2026, worked out with the Free Cash Flow. Sales grew 7% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

At what price would TGVSF be a buy?

At or below its buy price of $8.10, a 60% margin of safety below its fair value.

Is TGVSF undervalued right now?

TGVSF is Fairly Valued: at $22.00 it trades 9% above its fair value and 172% above its buy price.

How can I check TGVSF's value myself?

Use the free Sticker Price calculator, already filled with TGVSF's numbers. Change the growth, P/E or required return and see what you'd pay. Open the calculator →

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About Tryg A/S

Tryg A/S, operating through its various subsidiaries, delivers comprehensive insurance solutions to individuals, corporate clients, and small to medium-sized enterprises (SMEs) across Denmark, Norway, and Sweden. The company organizes its operations across four key segments: Private, Commercial, Corporate, and Sweden. Its extensive product portfolio encompasses protection for vehicles (including cars, motorcycles, and boats), homes and their contents, personal accidents, travel, pets, health, general property, liability, transportation, group life, fire damage, and worker's compensation. Distribution of its offerings occurs via a diverse network, including contact centers, online platforms, exclusive agents, franchise partners, professional associations, automotive dealerships, real estate agencies, independent insurance brokers, and Nordea bank branches. The company markets its services under a range of recognized brands such as Tryg Forsikring, Alka, Enter Forsikring, Tryg, Moderna, Tryg Garanti, Moderna Djurförsäkringar, Atlantica Båtförsäkring, Affinity, and Bilsport & MC specialförsäkring. Established in 1731, its corporate headquarters are situated in Ballerup, Denmark.

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Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of Oct 8, 2026. How the Payback Price works