MUENCHENER RUECKVER AG-REG (MUV2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MUV2 - DE0008430026 - Common Stock
524 EUR
-3.6 (-0.68%)
We assign a fundamental rating of 5 out of 10 to MUV2. MUV2 was compared to 46 industry peers in the Insurance industry. MUV2 has only an average score on both its financial health and profitability. 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.
- In the past 5 years MUV2 always reported a positive cash flow from operatings.
1.2 Ratios
- MUV2's Return On Assets of 2.06% is fine compared to the rest of the industry. MUV2 outperforms 69.57% of its industry peers.
- MUV2 has a better Return On Equity (18.59%) than 69.57% of its industry peers.
- The Return On Invested Capital of MUV2 (2.27%) is better than 67.39% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for MUV2 is in line with the industry average of 2.71%.
- 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
- 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.
- The Operating Margin of MUV2 (12.77%) is comparable to the rest of the 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
- 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.
- The number of shares outstanding for MUV2 has been reduced compared to 5 years ago.
- MUV2 has a worse debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of MUV2 is 1.53, which is an excellent value as it means it would take MUV2, only 1.53 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.53, MUV2 is in the better half of the industry, outperforming 67.39% of the companies in the same industry.
- MUV2 has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of MUV2 (0.23) is better than 91.30% of its industry peers.
| 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
- The Earnings Per Share has grown by an nice 10.88% over the past year.
- The Earnings Per Share has been growing by 17.67% on average over the past years. This is quite good.
- Looking at the last year, MUV2 shows a small growth in Revenue. The Revenue has grown by 5.38% in the last year.
- MUV2 shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.60% yearly.
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
- Based on estimates for the next years, MUV2 will show a small growth in Earnings Per Share. The EPS will grow by 4.73% on average per year.
- The Revenue is expected to grow by 5.72% on average over the next years.
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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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 11.08, the valuation of MUV2 can be described as reasonable.
- Based on the Price/Earnings ratio, MUV2 is valued a bit cheaper than the industry average as 69.57% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.33. MUV2 is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 10.05, which indicates a very decent valuation of MUV2.
- MUV2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MUV2 is cheaper than 69.57% of the companies in the same industry.
- MUV2 is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.08 | ||
| Fwd PE | 10.05 |
4.2 Price Multiples
- 69.57% of the companies in the same industry are more expensive than MUV2, based on the Enterprise Value to EBITDA ratio.
- MUV2's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.6 | ||
| EV/EBITDA | 8.62 |
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)0.63
EPS Next 2Y10.49%
EPS Next 3Y8.89%
5. Dividend
5.1 Amount
- MUV2 has a Yearly Dividend Yield of 3.76%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 3.93, MUV2 has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.91, MUV2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
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
- 45.96% of the earnings are spent on dividend by MUV2. 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 2Y10.49%
EPS Next 3Y8.89%
FRA:MUV2 (1/15/2026, 5:36:15 PM)
524
-3.6 (-0.68%)
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 Cap68.46B
Revenue(TTM)62.13B
Net Income(TTM)5.68B
Analysts70
Price Target609.2 (16.26%)
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 | 11.08 | ||
| Fwd PE | 10.05 | ||
| P/S | 1.1 | ||
| P/FCF | 14.6 | ||
| P/OCF | 13.68 | ||
| P/B | 2.24 | ||
| P/tB | 2.58 | ||
| EV/EBITDA | 8.62 |
EPS(TTM)47.3
EY9.03%
EPS(NY)52.12
Fwd EY9.95%
FCF(TTM)35.88
FCFY6.85%
OCF(TTM)38.29
OCFY7.31%
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 11.08 and the Price/Book (PB) ratio is 2.24.
How financially healthy is MUENCHENER RUECKVER AG-REG?
The financial health rating of MUENCHENER RUECKVER AG-REG (MUV2.DE) is 4 / 10.