MUENCHENER RUECKVER AG-REG (MUV2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MUV2 - DE0008430026 - Common Stock
527 EUR
+3 (+0.57%)
Overall MUV2 gets a fundamental rating of 5 out of 10. We evaluated MUV2 against 46 industry peers in the Insurance industry. MUV2 has an average financial health and profitability rating. MUV2 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year MUV2 was profitable.
- MUV2 had a positive operating cash flow in the past year.
- 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
- With a decent Return On Assets value of 2.06%, MUV2 is doing good in the industry, outperforming 69.57% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 18.59%, MUV2 is in the better half of the industry, outperforming 69.57% of the companies in the same industry.
- MUV2's Return On Invested Capital of 2.27% is fine compared to the rest of the industry. MUV2 outperforms 67.39% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for MUV2 is in line with the industry average of 2.71%.
- 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's Profit Margin of 9.15% is in line compared to the rest of the industry. MUV2 outperforms 50.00% of its industry peers.
- In the last couple of years the Profit Margin of MUV2 has grown nicely.
- Looking at the Operating Margin, with a value of 12.77%, MUV2 is in line with its industry, outperforming 58.70% of the companies in the same industry.
- 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
- MUV2 has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- MUV2 has less shares outstanding than it did 1 year ago.
- MUV2 has less shares outstanding than it did 5 years ago.
- MUV2 has a worse debt/assets ratio than last year.
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 has a Debt to FCF ratio of 1.53. This is in the better half of the industry: MUV2 outperforms 67.39% of its industry peers.
- A Debt/Equity ratio of 0.23 indicates that MUV2 is not too dependend on debt financing.
- With an excellent Debt to Equity ratio value of 0.23, MUV2 belongs to the best of the industry, outperforming 91.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.53 | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC6.93%
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.
- Measured over the past years, MUV2 shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.67% on average per year.
- 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 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 Y16.56%
EPS Next 2Y10.49%
EPS Next 3Y8.89%
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
- A Price/Earnings ratio of 11.14 indicates a reasonable valuation of MUV2.
- Based on the Price/Earnings ratio, MUV2 is valued a bit cheaper than 69.57% of the companies in the same industry.
- When comparing the Price/Earnings ratio of MUV2 to the average of the S&P500 Index (27.47), we can say MUV2 is valued rather cheaply.
- With a Price/Forward Earnings ratio of 10.11, the valuation of MUV2 can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, MUV2 is valued a bit cheaper than 69.57% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, MUV2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 10.11 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MUV2 indicates a somewhat cheap valuation: MUV2 is cheaper than 69.57% of the companies listed 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 | 14.69 | ||
| EV/EBITDA | 8.56 |
4.3 Compensation for Growth
- MUV2's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of MUV2 may justify a higher PE ratio.
PEG (NY)0.67
PEG (5Y)0.63
EPS Next 2Y10.49%
EPS Next 3Y8.89%
5. Dividend
5.1 Amount
- MUV2 has a Yearly Dividend Yield of 3.76%.
- MUV2's Dividend Yield is comparable with the industry average which is at 3.93.
- Compared to an average S&P500 Dividend Yield of 1.89, MUV2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
5.2 History
- On average, the dividend of MUV2 grows each year by 10.15%, which is quite nice.
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.
- MUV2's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP45.96%
EPS Next 2Y10.49%
EPS Next 3Y8.89%
FRA:MUV2 (1/16/2026, 7:00:00 PM)
527
+3 (+0.57%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-11 2025-11-11/bmo
Earnings (Next)02-26 2026-02-26/amc
Inst Owners47.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap68.85B
Revenue(TTM)62.13B
Net Income(TTM)5.68B
Analysts70
Price Target609.2 (15.6%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
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)1.17%
PT rev (3m)4.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)15.39%
EPS NY rev (1m)0.49%
EPS NY rev (3m)2.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.81%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.14 | ||
| Fwd PE | 10.11 | ||
| P/S | 1.11 | ||
| P/FCF | 14.69 | ||
| P/OCF | 13.76 | ||
| P/B | 2.25 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 8.56 |
EPS(TTM)47.3
EY8.98%
EPS(NY)52.12
Fwd EY9.89%
FCF(TTM)35.88
FCFY6.81%
OCF(TTM)38.29
OCFY7.27%
SpS475.53
BVpS234.08
TBVpS203.29
PEG (NY)0.67
PEG (5Y)0.63
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
WACC6.93%
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 Y16.56%
EPS Next 2Y10.49%
EPS Next 3Y8.89%
EPS Next 5Y4.73%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y-3.95%
Revenue growth 5Y-0.6%
Sales Q2Q%-22.27%
Revenue Next Year-3.8%
Revenue Next 2Y-0.54%
Revenue Next 3Y1.1%
Revenue Next 5Y5.72%
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.
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 11.14 and the Price/Book (PB) ratio is 2.25.
How financially healthy is MUENCHENER RUECKVER AG-REG?
The financial health rating of MUENCHENER RUECKVER AG-REG (MUV2.DE) is 4 / 10.