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. MUV2 has an average financial health and profitability rating. MUV2 has a correct valuation and a medium 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.
- In the past 5 years MUV2 has always been profitable.
- MUV2 had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 2.06%, MUV2 is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- 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
- Looking at the Profit Margin, with a value of 9.15%, MUV2 is in line with its industry, outperforming 52.08% of the companies in the same industry.
- MUV2's Profit Margin has improved in the last couple of years.
- MUV2 has a better Operating Margin (12.77%) than 60.42% of its industry peers.
- 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.
- 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.
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.
- MUV2 has a Debt to FCF ratio of 1.53. This is in the better half of the industry: MUV2 outperforms 68.75% 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.
- Looking at the Debt to Equity ratio, with a value of 0.23, MUV2 belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.53 | ||
| Altman-Z | N/A |
ROIC/WACC0.32
WACC7.06%
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.
- 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)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
- MUV2 is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.73% yearly.
- The Revenue is expected to grow by 5.72% on average over the next years.
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
- 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.
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.
- Compared to the rest of the industry, the Price/Earnings ratio of MUV2 indicates a somewhat cheap valuation: MUV2 is cheaper than 72.92% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 28.32, MUV2 is valued rather cheaply.
- The Price/Forward Earnings ratio is 9.77, which indicates a very decent valuation of MUV2.
- Based on the Price/Forward Earnings ratio, MUV2 is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of MUV2 to the average of the S&P500 Index (25.57), we can say MUV2 is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.83 | ||
| Fwd PE | 9.77 |
4.2 Price Multiples
- 75.00% 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 | 14.28 | ||
| 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.
- The decent profitability rating of MUV2 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
- With a Yearly Dividend Yield of 3.92%, MUV2 has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 4.11, MUV2 has a dividend in line with its industry peers.
- MUV2's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| 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
- 45.96% of the earnings are spent on dividend by MUV2. 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 2Y10.82%
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.