Transilvania Broker DE Asigurare SA (TBK) Stock Price, Fundamentals & Analysis

What TBK does

Transilvania Broker DE Asigurare SA (symbol TBK, ISIN ROTBKAACNOR5) is an insurance distributor listed on the Bucharest Stock Exchange (BVB) in the Financial Services sector, Insurance Brokers industry. The company offers products across life, health, accident, home, construction, goods in transit, machinery, credit, guarantee, and financial loss insurance, as well as third-party motor vehicle and transport insurance for land, railway, sea, lake, river, and air. Incorporated in 2006 and headquartered in Bistrita, Romania, it employs 40 people.

Key numbers explained

• Price: 16 RON — the last traded price; the day's move is -3.03%.
• P/E ratio: 15 — the price investors pay per 1.07 RON of trailing twelve-month earnings; a lower P/E can suggest the stock is priced more conservatively relative to earnings.
• Dividend yield: 7.27% — the annual dividend per share expressed as a percentage of the current price, with the next ex-dividend date on 3 iun. 2026.
• Beta: 0.06 — a measure of volatility relative to the market; a value this low suggests the stock's price moves much less than the broader market.
• Return on equity: 91.2% — shows how effectively the company generates profit from shareholders' equity, though a very high figure can also reflect a thin equity base.
• Debt-to-equity: 395.9% — indicates the company carries a high level of debt compared to equity, which can amplify risk during economic downturns.
• Price-to-book: 13.62 — the market price per share relative to the company's book value per share, suggesting the market values the company well above its accounting net assets.
• Market cap: 80M RON — the total market value of all outstanding shares, placing TBK in the small-cap range.

Recent news

Recent filings and disclosures include notifications of holdings crossing the 5% and 50% voting thresholds, as well as a change in control of the company. The company also published its S1 2026 semi-annual report and held an investor and analyst videoconference on the first-half financial results.

What to watch

For a small-cap insurance broker like TBK, investors typically monitor underwriting cycles, premium growth, and claims trends, which can affect margins and earnings. The high debt-to-equity ratio means interest costs and refinancing conditions are worth following, as they can influence profitability and dividend sustainability. Regulatory changes in Romania's insurance distribution space and the broader BVB liquidity environment are also relevant factors. Peer companies such as Patria Bank S.A. (PBK), Infinity Capital Investments S.A. (INFINITY), and Fondul Proprietatea (FP) can provide context for sector comparisons.