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Skagi hfOISE:VIS 73 ROE % is 12.92% as of Jun. 2026, which is 29% above its 10-year median of 10.03. GuruFocus rates OISE:VIS with a GF Score™ of 73/100 and a GF Value™ of kr21.84 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 504 Insurance companies, Skagi hf ranks better than 50% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Skagi hf's annualized net income for the quarter that ended in Jun. 2026 was kr2,923 Mil. Skagi hf's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was kr22,616 Mil. Therefore, Skagi hf's annualized ROE % for the quarter that ended in Jun. 2026 was 12.92%.
The historical rank and industry rank for Skagi hf's ROE % or its related term are showing as below:
OISE:VIS'
s ROE % Range Over the Past 10 Years
Min: 4.98 Med: 10.03 Max: 41.04
Current: 11.87
During the past 13 years, Skagi hf's highest ROE % was 41.04%. The lowest was 4.98%. And the median was 10.03%.
OISE:VIS's ROE % is ranked better than 50% of 504
companies
in the Insurance industry
Industry Median: 11.82
vs OISE:VIS: 11.87
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Skagi hf ROE % Related Terms
Skagi hf ROE % Historical Data
* Premium members only.
The historical data trend for Skagi hf's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Diversified subindustry, Skagi hf's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Skagi hf ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Skagi hf's ROE % distribution charts can be found below:
* The bar in red indicates where Skagi hf's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Skagi hf (OISE:VIS) has a ROE % of 12.92% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Skagi hf and its competitors. This is 29% above median its historical median of 10.03. Over the past decade, Skagi hf's ROE % has ranged from 4.98 to 41.04. According to the industry distribution chart, Skagi hf ranks #252 out of 504 companies in the Insurance industry, placing it in the top 50%.
Is Skagi hf's ROE % too high?
Skagi hf's current ROE % of 12.92% is 29% above median its 10-year median of 10.03. Over the past 10 years, this metric has ranged from a low of 4.98 to a high of 41.04. The Insurance industry median ROE % is 11.82. Skagi hf's value of 12.92% is 9.3% above this industry median. Based on the distribution chart, Skagi hf ranks #252 out of 504 companies in the Insurance industry, which is above the industry midpoint. Overall, Skagi hf has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Skagi hf's ROE % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Skagi hf ranks #252 out of 504 companies for ROE %. This puts Skagi hf in the upper half of its industry. The industry median ROE % is 11.82. Skagi hf's value of 12.92% is 9.3% above this benchmark. Historically, Skagi hf's own ROE % has ranged from 4.98 to 41.04 over the past decade. While the company's 10-year median is 10.03 vs. the industry median of 11.82, Skagi hf has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Insurance company?
The median ROE % among Insurance companies is 11.82, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Skagi hf's current ROE % of 12.92% is 9.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Skagi hf and its competitors. For the Insurance industry, the median ROE % is 11.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skagi hf's current ROE % is 12.92%, which is 29% above median its own 10-year median of 10.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skagi hf stock overvalued right now?
Based on GuruFocus' analysis, Skagi hf (OISE:VIS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr21.84, compared to a current price of kr18.60 — trading 14.8% below its estimated fair value. The current ROE % is 12.92%, which is 29% above median its 10-year median of 10.03 and 9.3% above the Insurance industry median of 11.82. Skagi hf's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Skagi hf (OISE:VIS), the current ROE % is 12.92% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Skagi hf (OISE:VIS) Overvalued in 2026?
Based on GuruFocus' analysis, Skagi hf stock appears to be undervalued.
The current stock price of kr18.60 is trading 14.8% below its estimated GF Value™ of kr21.84.
GuruFocus considers Skagi hf to be Modestly Undervalued.
Key valuation signals for OISE:VIS:
ROE %: 12.92% (29% above median its 10-year median of 10.03)
GF Value™: kr21.84 vs. price of kr18.60 (14.8% below fair value)
Industry Position: 9.3% above the Insurance median (#252 of 504)
No single metric tells the full story. See the OISE:VIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skagi hf is engaged in financial services sector. The Group operates through three operating segments: Insurance Operations, Insurance Investments, and Financial Services. Insurance Operations comprises the core insurance activities, including the underwriting of life, health, and general insurance products. Insurance Investments includes the management of assets backing insurance liabilities as well as proprietary investment activities. The Financial Services segment comprises activities such as asset management, loans to customers, and other noninsurance financial products. Key revenue is generated from Insurance operations.
73GF Score
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