MUENCHENER RUECKVER AG-REG (MUV2.DE) Stock Fundamental Analysis
Europe - FRA:MUV2 - DE0008430026 - Common Stock
543.8 EUR
+6.8 (+1.27%)
Taking everything into account, MUV2 scores 5 out of 10 in our fundamental rating. MUV2 was compared to 39 industry peers in the Insurance industry. While MUV2 has a great profitability rating, there are some minor concerns on its financial health. MUV2 has a valuation in line with the averages, but on the other hand it scores bad on growth.
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
The Return On Assets of MUV2 (2.06%) is better than 82.05% of its industry peers.
Looking at the Return On Equity, with a value of 18.59%, MUV2 belongs to the top of the industry, outperforming 82.05% of the companies in the same industry.
MUV2 has a Return On Invested Capital of 2.27%. This is in the better half of the industry: MUV2 outperforms 69.23% 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 2.26%.
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
With a Profit Margin value of 9.15%, MUV2 perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
In the last couple of years the Profit Margin of MUV2 has grown nicely.
MUV2 has a Operating Margin of 12.77%. This is in the better half of the industry: MUV2 outperforms 61.54% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MUV2 is destroying value.
Compared to 1 year ago, MUV2 has less shares outstanding
Compared to 5 years ago, MUV2 has less shares outstanding
The debt/assets ratio for MUV2 is higher compared to a year ago.
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.
With a decent Debt to FCF ratio value of 1.53, MUV2 is doing good in the industry, outperforming 74.36% 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.
MUV2 has a Debt to Equity ratio of 0.23. This is amongst the best in the industry. MUV2 outperforms 89.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 1.53 | ||
| Altman-Z | N/A |
ROIC/WACC0.33
WACC6.97%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
MUV2 shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -12.23%.
The Earnings Per Share has been growing by 17.67% on average over the past years. This is quite good.
MUV2 shows a small growth in Revenue. In the last year, the Revenue has grown by 5.38%.
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)-12.23%
EPS 3Y26.82%
EPS 5Y17.67%
EPS Q2Q%30.98%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y-3.95%
Revenue growth 5Y-0.6%
Sales Q2Q%-1.19%
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 4.85% on average per year.
Based on estimates for the next years, MUV2 will show a small growth in Revenue. The Revenue will grow by 5.83% on average per year.
EPS Next Y13.96%
EPS Next 2Y9.5%
EPS Next 3Y8.17%
EPS Next 5Y4.85%
Revenue Next Year-3.2%
Revenue Next 2Y0.01%
Revenue Next 3Y1.44%
Revenue Next 5Y5.83%
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
A Price/Earnings ratio of 14.00 indicates a correct valuation of MUV2.
The rest of the industry has a similar Price/Earnings ratio as MUV2.
Compared to an average S&P500 Price/Earnings ratio of 26.03, MUV2 is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 10.62, the valuation of MUV2 can be described as reasonable.
MUV2's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MUV2 is cheaper than 61.54% of the companies in the same industry.
MUV2's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 10.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MUV2 is valued a bit cheaper than 69.23% 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 | 15.16 | ||
| EV/EBITDA | 8.77 |
4.3 Compensation for Growth
MUV2's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
MUV2 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)0.79
EPS Next 2Y9.5%
EPS Next 3Y8.17%
5. Dividend
5.1 Amount
MUV2 has a Yearly Dividend Yield of 3.66%. Purely for dividend investing, there may be better candidates out there.
MUV2's Dividend Yield is slightly below the industry average, which is at 4.51.
Compared to an average S&P500 Dividend Yield of 2.38, MUV2 pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.66% |
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 2Y9.5%
EPS Next 3Y8.17%
FRA:MUV2 (11/5/2025, 5:36:15 PM)
543.8
+6.8 (+1.27%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners48.7%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap71.05B
Revenue(TTM)62.13B
Net Income(TTM)5.68B
Analysts70
Price Target590.85 (8.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.66% |
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)1.62%
PT rev (3m)0.91%
EPS NQ rev (1m)14.27%
EPS NQ rev (3m)10.49%
EPS NY rev (1m)0%
EPS NY rev (3m)2.84%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)-0.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14 | ||
| Fwd PE | 10.62 | ||
| P/S | 1.14 | ||
| P/FCF | 15.16 | ||
| P/OCF | 14.2 | ||
| P/B | 2.32 | ||
| P/tB | 2.67 | ||
| EV/EBITDA | 8.77 |
EPS(TTM)38.84
EY7.14%
EPS(NY)51.19
Fwd EY9.41%
FCF(TTM)35.88
FCFY6.6%
OCF(TTM)38.29
OCFY7.04%
SpS475.53
BVpS234.08
TBVpS203.29
PEG (NY)1
PEG (5Y)0.79
Graham Number452.29
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
WACC6.97%
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)-12.23%
EPS 3Y26.82%
EPS 5Y17.67%
EPS Q2Q%30.98%
EPS Next Y13.96%
EPS Next 2Y9.5%
EPS Next 3Y8.17%
EPS Next 5Y4.85%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y-3.95%
Revenue growth 5Y-0.6%
Sales Q2Q%-1.19%
Revenue Next Year-3.2%
Revenue Next 2Y0.01%
Revenue Next 3Y1.44%
Revenue Next 5Y5.83%
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.
Can you provide the valuation status for MUENCHENER RUECKVER AG-REG?
ChartMill assigns a valuation rating of 5 / 10 to MUENCHENER RUECKVER AG-REG (MUV2.DE). This can be considered as Fairly Valued.
How profitable is MUENCHENER RUECKVER AG-REG (MUV2.DE) stock?
MUENCHENER RUECKVER AG-REG (MUV2.DE) has a profitability rating of 7 / 10.
What is the earnings growth outlook for MUENCHENER RUECKVER AG-REG?
The Earnings per Share (EPS) of MUENCHENER RUECKVER AG-REG (MUV2.DE) is expected to grow by 13.96% in the next year.
Can you provide the dividend sustainability for MUV2 stock?
The dividend rating of MUENCHENER RUECKVER AG-REG (MUV2.DE) is 4 / 10 and the dividend payout ratio is 45.96%.