MUENCHENER RUECKVER AG-REG (MUV2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:MUV2 - DE0008430026 - Common Stock
528 EUR
-3.8 (-0.71%)
Taking everything into account, MUV2 scores 5 out of 10 in our fundamental rating. MUV2 was compared to 49 industry peers in the Insurance industry. MUV2 has only an average score on both its financial health and profitability. 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.
Each year in the past 5 years MUV2 had a positive operating cash flow.
1.2 Ratios
MUV2's Return On Assets of 2.06% is fine compared to the rest of the industry. MUV2 outperforms 71.43% of its industry peers.
With a decent Return On Equity value of 18.59%, MUV2 is doing good in the industry, outperforming 73.47% of the companies in the same industry.
With a decent Return On Invested Capital value of 2.27%, MUV2 is doing good in the industry, outperforming 69.39% 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 2.69%.
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
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.
MUV2 has a Operating Margin (12.77%) which is in line with 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.
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
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 67.35% 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 91.84% 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
The Earnings Per Share has grown by an nice 10.88% over the past year.
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.
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
The Earnings Per Share is expected to grow by 5.04% on average over the next years.
The Revenue is expected to grow by 6.02% on average over the next years.
EPS Next Y16.56%
EPS Next 2Y10.49%
EPS Next 3Y8.89%
EPS Next 5Y5.04%
Revenue Next Year-3.8%
Revenue Next 2Y-0.54%
Revenue Next 3Y1.1%
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.
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
Based on the Price/Earnings ratio of 11.16, the valuation of MUV2 can be described as reasonable.
MUV2's Price/Earnings ratio is a bit cheaper when compared to the industry. MUV2 is cheaper than 73.47% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.92, MUV2 is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.13, the valuation of MUV2 can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MUV2 indicates a somewhat cheap valuation: MUV2 is cheaper than 69.39% of the companies listed in the same industry.
MUV2 is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.16 | ||
| Fwd PE | 10.13 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MUV2 is valued a bit cheaper than 73.47% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as MUV2.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.71 | ||
| EV/EBITDA | 8.62 |
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 3.56%. Purely for dividend investing, there may be better candidates out there.
MUV2's Dividend Yield is slightly below the industry average, which is at 4.08.
Compared to an average S&P500 Dividend Yield of 1.94, MUV2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
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 (1/7/2026, 7:00:00 PM)
528
-3.8 (-0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners47.64%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap68.98B
Revenue(TTM)62.13B
Net Income(TTM)5.68B
Analysts70.83
Price Target609.2 (15.38%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
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)2.25%
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)-1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.16 | ||
| Fwd PE | 10.13 | ||
| P/S | 1.11 | ||
| P/FCF | 14.71 | ||
| P/OCF | 13.79 | ||
| P/B | 2.26 | ||
| P/tB | 2.6 | ||
| EV/EBITDA | 8.62 |
EPS(TTM)47.3
EY8.96%
EPS(NY)52.12
Fwd EY9.87%
FCF(TTM)35.88
FCFY6.8%
OCF(TTM)38.29
OCFY7.25%
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 5Y5.04%
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 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.
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 11.16 and the Price/Book (PB) ratio is 2.26.
How financially healthy is MUENCHENER RUECKVER AG-REG?
The financial health rating of MUENCHENER RUECKVER AG-REG (MUV2.DE) is 4 / 10.