MUENCHENER RUECKVER AG-REG (MUV2.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:MUV2 • DE0008430026
512.4 EUR
+2 (+0.39%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, MUV2 scores 5 out of 10 in our fundamental rating. MUV2 was compared to 48 industry peers in the Insurance industry. Both the profitability and the financial health of MUV2 get a neutral evaluation. Nothing too spectacular is happening here. MUV2 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- MUV2 had positive earnings in the past year.
- MUV2 had a positive operating cash flow in the past year.
- In the past 5 years MUV2 has always been profitable.
- Each year in the past 5 years MUV2 had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of MUV2 (2.06%) is better than 66.67% of its industry peers.
- MUV2's Return On Equity of 18.59% is fine compared to the rest of the industry. MUV2 outperforms 66.67% of its industry peers.
- MUV2 has a Return On Invested Capital of 2.27%. This is in the better half of the industry: MUV2 outperforms 66.67% of its industry peers.
- MUV2 had an Average Return On Invested Capital over the past 3 years of 1.93%. This is in line with the industry average of 2.75%.
- The 3 year average ROIC (1.93%) for MUV2 is below the current ROIC(2.27%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 18.59% | ||
| ROIC | 2.27% |
ROA(3y)1.88%
ROA(5y)1.4%
ROE(3y)17.52%
ROE(5y)13.23%
ROIC(3y)1.93%
ROIC(5y)1.43%
1.3 Margins
- MUV2 has a Profit Margin of 9.15%. This is comparable to the rest of the industry: MUV2 outperforms 52.08% of its industry peers.
- In the last couple of years the Profit Margin of MUV2 has grown nicely.
- With a decent Operating Margin value of 12.77%, MUV2 is doing good in the industry, outperforming 60.42% of the companies in the same industry.
- In the last couple of years the Operating Margin of MUV2 has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.77% | ||
| PM (TTM) | 9.15% | ||
| GM | N/A |
OM growth 3Y37.9%
OM growth 5Y19.51%
PM growth 3Y29.8%
PM growth 5Y16.55%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MUV2 is destroying value.
- MUV2 has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for MUV2 has been reduced compared to 5 years ago.
- The debt/assets ratio for MUV2 is higher compared to a year ago.
2.2 Solvency
- MUV2 has a debt to FCF ratio of 1.53. This is a very positive value and a sign of high solvency as it would only need 1.53 years to pay back of all of its debts.
- MUV2's Debt to FCF ratio of 1.53 is fine compared to the rest of the industry. MUV2 outperforms 68.75% of its industry peers.
- A Debt/Equity ratio of 0.23 indicates that MUV2 is not too dependend on debt financing.
- MUV2's Debt to Equity ratio of 0.23 is amongst the best of the industry. MUV2 outperforms 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.53 | ||
| Altman-Z | N/A |
ROIC/WACC0.32
WACC7.06%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- MUV2 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.88%, which is quite good.
- MUV2 shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.67% yearly.
- Looking at the last year, MUV2 shows a small growth in Revenue. The Revenue has grown by 5.38% in the last year.
- The Revenue has been decreasing by -0.60% on average over the past years.
EPS 1Y (TTM)10.88%
EPS 3Y26.82%
EPS 5Y17.67%
EPS Q2Q%120.51%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y-3.95%
Revenue growth 5Y-0.6%
Sales Q2Q%-22.27%
3.2 Future
- The Earnings Per Share is expected to grow by 4.73% on average over the next years.
- MUV2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.72% yearly.
EPS Next Y16.24%
EPS Next 2Y10.82%
EPS Next 3Y9.09%
EPS Next 5Y4.73%
Revenue Next Year-3.8%
Revenue Next 2Y-0.54%
Revenue Next 3Y1.1%
Revenue Next 5Y5.72%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 10.83, the valuation of MUV2 can be described as very reasonable.
- Based on the Price/Earnings ratio, MUV2 is valued a bit cheaper than the industry average as 72.92% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.32. MUV2 is valued rather cheaply when compared to this.
- MUV2 is valuated reasonably with a Price/Forward Earnings ratio of 9.77.
- MUV2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MUV2 is cheaper than 66.67% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, MUV2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.83 | ||
| Fwd PE | 9.77 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, MUV2 is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
- MUV2's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.28 | ||
| EV/EBITDA | 8.37 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- MUV2 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.67
PEG (5Y)0.61
EPS Next 2Y10.82%
EPS Next 3Y9.09%
5. Dividend
5.1 Amount
- MUV2 has a Yearly Dividend Yield of 3.92%.
- MUV2's Dividend Yield is comparable with the industry average which is at 4.11.
- Compared to an average S&P500 Dividend Yield of 1.83, MUV2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
5.2 History
- The dividend of MUV2 is nicely growing with an annual growth rate of 10.15%!
Dividend Growth(5Y)10.15%
Div Incr Years1
Div Non Decr Years6
5.3 Sustainability
- MUV2 pays out 45.96% of its income as dividend. This is a bit on the high side, but may be sustainable.
- The dividend of MUV2 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.96%
EPS Next 2Y10.82%
EPS Next 3Y9.09%
MUENCHENER RUECKVER AG-REG / MUV2.DE FAQ
What is the fundamental rating for MUV2 stock?
ChartMill assigns a fundamental rating of 5 / 10 to MUV2.DE.
What is the valuation status of MUENCHENER RUECKVER AG-REG (MUV2.DE) stock?
ChartMill assigns a valuation rating of 6 / 10 to MUENCHENER RUECKVER AG-REG (MUV2.DE). This can be considered as Fairly Valued.
What is the profitability of MUV2 stock?
MUENCHENER RUECKVER AG-REG (MUV2.DE) has a profitability rating of 6 / 10.
What are the PE and PB ratios of MUENCHENER RUECKVER AG-REG (MUV2.DE) stock?
The Price/Earnings (PE) ratio for MUENCHENER RUECKVER AG-REG (MUV2.DE) is 10.83 and the Price/Book (PB) ratio is 2.19.
How financially healthy is MUENCHENER RUECKVER AG-REG?
The financial health rating of MUENCHENER RUECKVER AG-REG (MUV2.DE) is 4 / 10.