MUENCHENER RUECKVER AG-REG (MUV2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MUV2 - DE0008430026 - Common Stock
532.8 EUR
+0.6 (+0.11%)
We assign a fundamental rating of 5 out of 10 to MUV2. MUV2 was compared to 50 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MUV2 was profitable.
In the past year MUV2 had a positive cash flow from operations.
Each year in the past 5 years MUV2 has been profitable.
Each year in the past 5 years MUV2 had a positive operating cash flow.
1.2 Ratios
MUV2 has a better Return On Assets (2.06%) than 74.00% of its industry peers.
MUV2's Return On Equity of 18.59% is fine compared to the rest of the industry. MUV2 outperforms 80.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.27%, MUV2 is in the better half of the industry, outperforming 68.00% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MUV2 is in line with the industry average of 2.60%.
The last Return On Invested Capital (2.27%) for MUV2 is above the 3 year average (1.93%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 9.15%, MUV2 is in line with its industry, outperforming 52.00% of the companies in the same industry.
In the last couple of years the Profit Margin of MUV2 has grown nicely.
MUV2's Operating Margin of 12.77% is in line compared to the rest of the industry. MUV2 outperforms 58.00% of its industry peers.
MUV2's Operating Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 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.
Compared to 1 year ago, MUV2 has a worse debt to assets ratio.
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.
The Debt to FCF ratio of MUV2 (1.53) is better than 70.00% 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 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.53 | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC6.9%
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.
The Revenue has been growing slightly by 5.38% in the past year.
Measured over the past years, MUV2 shows a decrease in Revenue. The Revenue has been decreasing by -0.60% on average per year.
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 5.04% on average over the next years.
Based on estimates for the next years, MUV2 will show a small growth in Revenue. The Revenue will grow by 6.02% on average per year.
EPS Next Y15.98%
EPS Next 2Y9.98%
EPS Next 3Y8.57%
EPS Next 5Y5.04%
Revenue Next Year-4.05%
Revenue Next 2Y-0.62%
Revenue Next 3Y1%
Revenue Next 5Y6.02%
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
Based on the Price/Earnings ratio of 11.26, the valuation of MUV2 can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of MUV2 indicates a somewhat cheap valuation: MUV2 is cheaper than 72.00% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.49. MUV2 is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 10.32, the valuation of MUV2 can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MUV2 is valued a bit cheaper than 62.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. MUV2 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 10.32 |
4.2 Price Multiples
MUV2's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MUV2 is cheaper than 76.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MUV2 is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.85 | ||
| EV/EBITDA | 8.69 |
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)0.7
PEG (5Y)0.64
EPS Next 2Y9.98%
EPS Next 3Y8.57%
5. Dividend
5.1 Amount
MUV2 has a Yearly Dividend Yield of 3.74%. Purely for dividend investing, there may be better candidates out there.
MUV2's Dividend Yield is comparable with the industry average which is at 4.38.
Compared to an average S&P500 Dividend Yield of 2.31, MUV2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
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 2Y9.98%
EPS Next 3Y8.57%
FRA:MUV2 (12/8/2025, 11:55:19 AM)
532.8
+0.6 (+0.11%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners48%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap69.61B
Revenue(TTM)62.13B
Net Income(TTM)5.68B
Analysts70.83
Price Target602.14 (13.01%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.74% |
Yearly Dividend15.08
Dividend Growth(5Y)10.15%
DP45.96%
Div Incr Years1
Div Non Decr Years6
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.98%
Min EPS beat(2)0.41%
Max EPS beat(2)17.54%
EPS beat(4)3
Avg EPS beat(4)-0.44%
Min EPS beat(4)-19.89%
Max EPS beat(4)17.54%
EPS beat(8)6
Avg EPS beat(8)3.52%
EPS beat(12)8
Avg EPS beat(12)32.92%
EPS beat(16)10
Avg EPS beat(16)27.6%
Revenue beat(2)0
Avg Revenue beat(2)-7.42%
Min Revenue beat(2)-9.44%
Max Revenue beat(2)-5.4%
Revenue beat(4)1
Avg Revenue beat(4)-2.61%
Min Revenue beat(4)-12.05%
Max Revenue beat(4)16.46%
Revenue beat(8)1
Avg Revenue beat(8)-6.88%
Revenue beat(12)3
Avg Revenue beat(12)-3.43%
Revenue beat(16)6
Avg Revenue beat(16)-0.35%
PT rev (1m)1.91%
PT rev (3m)3.4%
EPS NQ rev (1m)0.98%
EPS NQ rev (3m)14.06%
EPS NY rev (1m)-1.8%
EPS NY rev (3m)3.38%
Revenue NQ rev (1m)2.93%
Revenue NQ rev (3m)2.81%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)-2.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 10.32 | ||
| P/S | 1.12 | ||
| P/FCF | 14.85 | ||
| P/OCF | 13.91 | ||
| P/B | 2.28 | ||
| P/tB | 2.62 | ||
| EV/EBITDA | 8.69 |
EPS(TTM)47.3
EY8.88%
EPS(NY)51.64
Fwd EY9.69%
FCF(TTM)35.88
FCFY6.73%
OCF(TTM)38.29
OCFY7.19%
SpS475.53
BVpS234.08
TBVpS203.29
PEG (NY)0.7
PEG (5Y)0.64
Graham Number499.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 18.59% | ||
| ROCE | 2.91% | ||
| ROIC | 2.27% | ||
| ROICexc | 2.31% | ||
| ROICexgc | 2.53% | ||
| OM | 12.77% | ||
| PM (TTM) | 9.15% | ||
| GM | N/A | ||
| FCFM | 7.55% |
ROA(3y)1.88%
ROA(5y)1.4%
ROE(3y)17.52%
ROE(5y)13.23%
ROIC(3y)1.93%
ROIC(5y)1.43%
ROICexc(3y)1.97%
ROICexc(5y)1.47%
ROICexgc(3y)2.15%
ROICexgc(5y)1.61%
ROCE(3y)2.47%
ROCE(5y)1.84%
ROICexgc growth 3Y35.26%
ROICexgc growth 5Y18.43%
ROICexc growth 3Y36.23%
ROICexc growth 5Y18.77%
OM growth 3Y37.9%
OM growth 5Y19.51%
PM growth 3Y29.8%
PM growth 5Y16.55%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.53 | ||
| Debt/EBITDA | 0.87 | ||
| Cap/Depr | 112.9% | ||
| Cap/Sales | 0.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 60.92% | ||
| Profit Quality | 82.46% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC6.9%
ROIC/WACC0.33
Cap/Depr(3y)68.52%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.57%
Cap/Sales(5y)N/A
Profit Quality(3y)55.2%
Profit Quality(5y)187.98%
High Growth Momentum
Growth
EPS 1Y (TTM)10.88%
EPS 3Y26.82%
EPS 5Y17.67%
EPS Q2Q%120.51%
EPS Next Y15.98%
EPS Next 2Y9.98%
EPS Next 3Y8.57%
EPS Next 5Y5.04%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y-3.95%
Revenue growth 5Y-0.6%
Sales Q2Q%-22.27%
Revenue Next Year-4.05%
Revenue Next 2Y-0.62%
Revenue Next 3Y1%
Revenue Next 5Y6.02%
EBIT growth 1Y31.75%
EBIT growth 3Y32.46%
EBIT growth 5Y18.79%
EBIT Next Year9.77%
EBIT Next 3Y6.44%
EBIT Next 5YN/A
FCF growth 1Y61.54%
FCF growth 3Y-18.52%
FCF growth 5Y-21.52%
OCF growth 1Y50.11%
OCF growth 3Y-15.59%
OCF growth 5Y-19.83%
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.
Can you provide the valuation status for MUENCHENER RUECKVER AG-REG?
ChartMill assigns a valuation rating of 6 / 10 to MUENCHENER RUECKVER AG-REG (MUV2.DE). This can be considered as Fairly Valued.
How profitable is MUENCHENER RUECKVER AG-REG (MUV2.DE) stock?
MUENCHENER RUECKVER AG-REG (MUV2.DE) has a profitability rating of 6 / 10.
What is the earnings growth outlook for MUENCHENER RUECKVER AG-REG?
The Earnings per Share (EPS) of MUENCHENER RUECKVER AG-REG (MUV2.DE) is expected to grow by 15.98% in the next year.
Can you provide the dividend sustainability for MUV2 stock?
The dividend rating of MUENCHENER RUECKVER AG-REG (MUV2.DE) is 4 / 10 and the dividend payout ratio is 45.96%.