MUENCHENER RUECKVER AG-REG (MUV2.DE) Stock Fundamental Analysis

FRA:MUV2 • DE0008430026

555.6 EUR
+7 (+1.28%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

5

Overall MUV2 gets a fundamental rating of 5 out of 10. We evaluated MUV2 against 46 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 valuation in line with the averages, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

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.
  • MUV2 had positive earnings in each of the past 5 years.
  • In the past 5 years MUV2 always reported a positive cash flow from operatings.
MUV2.DE Yearly Net Income VS EBIT VS OCF VS FCFMUV2.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 2.06%, MUV2 is in the better half of the industry, outperforming 65.22% of the companies in the same industry.
  • With a decent Return On Equity value of 18.59%, MUV2 is doing good in the industry, outperforming 65.22% 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 65.22% 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 2.84%.
  • 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 RankSector 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%
MUV2.DE Yearly ROA, ROE, ROICMUV2.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • The Profit Margin of MUV2 (9.15%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of MUV2 has grown nicely.
  • The Operating Margin of MUV2 (12.77%) is better than 60.87% of its industry peers.
  • MUV2's Operating Margin has improved in the last couple of years.
Industry RankSector 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
MUV2.DE Yearly Profit, Operating, Gross MarginsMUV2.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MUV2 is destroying value.
  • The number of shares outstanding for MUV2 has been reduced compared to 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.
MUV2.DE Yearly Shares OutstandingMUV2.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
MUV2.DE Yearly Total Debt VS Total AssetsMUV2.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B

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 60.87% of its industry peers.
  • MUV2 has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
  • With an excellent Debt to Equity ratio value of 0.23, MUV2 belongs to the best of the industry, outperforming 89.13% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 1.53
Altman-Z N/A
ROIC/WACC0.32
WACC7.08%
MUV2.DE Yearly LT Debt VS Equity VS FCFMUV2.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
MUV2.DE Yearly Current Assets VS Current LiabilitesMUV2.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • MUV2 shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.53%.
  • 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.
  • MUV2 shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.60% yearly.
EPS 1Y (TTM)-6.53%
EPS 3Y26.82%
EPS 5Y17.67%
EPS Q2Q%-98.09%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y-3.95%
Revenue growth 5Y-0.6%
Sales Q2Q%-1.82%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.50% on average over the next years.
  • The Revenue is expected to grow by 5.46% on average over the next years.
EPS Next Y16.24%
EPS Next 2Y10.82%
EPS Next 3Y9.09%
EPS Next 5Y5.5%
Revenue Next Year-3.8%
Revenue Next 2Y-0.54%
Revenue Next 3Y1.1%
Revenue Next 5Y5.46%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MUV2.DE Yearly Revenue VS EstimatesMUV2.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B 80B 100B
MUV2.DE Yearly EPS VS EstimatesMUV2.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20 40 60

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 13.92, the valuation of MUV2 can be described as correct.
  • MUV2's Price/Earnings ratio is in line with the industry average.
  • MUV2 is valuated rather cheaply when we compare the Price/Earnings ratio to 27.10, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 10.60, the valuation of MUV2 can be described as reasonable.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MUV2 is on the same level as its industry peers.
  • MUV2 is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 13.92
Fwd PE 10.6
MUV2.DE Price Earnings VS Forward Price EarningsMUV2.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 71.74% 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 a bit more expensive when compared to the industry. MUV2 is more expensive than 63.04% of the companies in the same industry.
Industry RankSector Rank
P/FCF 15.48
EV/EBITDA 8.95
MUV2.DE Per share dataMUV2.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 100 200 300 400

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)0.86
PEG (5Y)0.79
EPS Next 2Y10.82%
EPS Next 3Y9.09%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.69%, MUV2 has a reasonable but not impressive dividend return.
  • MUV2's Dividend Yield is slightly below the industry average, which is at 4.18.
  • MUV2's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 3.69%

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
MUV2.DE Yearly Dividends per shareMUV2.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 5 10 15 20

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%
MUV2.DE Yearly Income VS Free CF VS DividendMUV2.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B
MUV2.DE Dividend Payout.MUV2.DE Dividend Payout, showing the Payout Ratio.MUV2.DE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

MUENCHENER RUECKVER AG-REG

FRA:MUV2 (2/27/2026, 7:00:00 PM)

555.6

+7 (+1.28%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)11-11
Earnings (Next)02-26
Inst Owners47.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap72.59B
Revenue(TTM)62.13B
Net Income(TTM)5.68B
Analysts70
Price Target607.86 (9.41%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.69%
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)-0.48%
PT rev (3m)2.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.93%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.61%
Valuation
Industry RankSector Rank
PE 13.92
Fwd PE 10.6
P/S 1.17
P/FCF 15.48
P/OCF 14.51
P/B 2.37
P/tB 2.73
EV/EBITDA 8.95
EPS(TTM)39.9
EY7.18%
EPS(NY)52.42
Fwd EY9.44%
FCF(TTM)35.88
FCFY6.46%
OCF(TTM)38.29
OCFY6.89%
SpS475.53
BVpS234.08
TBVpS203.29
PEG (NY)0.86
PEG (5Y)0.79
Graham Number458.42
Profitability
Industry RankSector 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 RankSector 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
WACC7.08%
ROIC/WACC0.32
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)-6.53%
EPS 3Y26.82%
EPS 5Y17.67%
EPS Q2Q%-98.09%
EPS Next Y16.24%
EPS Next 2Y10.82%
EPS Next 3Y9.09%
EPS Next 5Y5.5%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y-3.95%
Revenue growth 5Y-0.6%
Sales Q2Q%-1.82%
Revenue Next Year-3.8%
Revenue Next 2Y-0.54%
Revenue Next 3Y1.1%
Revenue Next 5Y5.46%
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 5 / 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 13.92 and the Price/Book (PB) ratio is 2.37.


How financially healthy is MUENCHENER RUECKVER AG-REG?

The financial health rating of MUENCHENER RUECKVER AG-REG (MUV2.DE) is 4 / 10.