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SWISS RE AG (SR9.DE) Stock Fundamental Analysis

Europe - FRA:SR9 - CH0126881561 - Common Stock

163.4 EUR
+1.9 (+1.18%)
Last: 10/24/2025, 7:00:00 PM
Fundamental Rating

4

SR9 gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 43 industry peers in the Insurance industry. While SR9 is still in line with the averages on profitability rating, there are concerns on its financial health. SR9 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 SR9 was profitable.
SR9 had a positive operating cash flow in the past year.
Of the past 5 years SR9 4 years were profitable.
In the past 5 years SR9 always reported a positive cash flow from operatings.
SR9.DE Yearly Net Income VS EBIT VS OCF VS FCFSR9.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B

1.2 Ratios

Looking at the Return On Assets, with a value of 2.75%, SR9 belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
SR9 has a better Return On Equity (15.53%) than 64.10% of its industry peers.
SR9's Return On Invested Capital of 2.77% is amongst the best of the industry. SR9 outperforms 82.05% of its industry peers.
SR9 had an Average Return On Invested Capital over the past 3 years of 2.05%. This is in line with the industry average of 2.22%.
The last Return On Invested Capital (2.77%) for SR9 is above the 3 year average (2.05%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.75%
ROE 15.53%
ROIC 2.77%
ROA(3y)1.68%
ROA(5y)1.07%
ROE(3y)10.37%
ROE(5y)6.8%
ROIC(3y)2.05%
ROIC(5y)N/A
SR9.DE Yearly ROA, ROE, ROICSR9.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10

1.3 Margins

SR9 has a Profit Margin (8.36%) which is comparable to the rest of the industry.
SR9's Profit Margin has improved in the last couple of years.
SR9 has a Operating Margin (10.51%) which is in line with its industry peers.
SR9's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 10.51%
PM (TTM) 8.36%
GM N/A
OM growth 3Y38.28%
OM growth 5Y36.47%
PM growth 3Y31%
PM growth 5Y36.36%
GM growth 3YN/A
GM growth 5YN/A
SR9.DE Yearly Profit, Operating, Gross MarginsSR9.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

3

2. Health

2.1 Basic Checks

SR9 has more shares outstanding than it did 1 year ago.
SR9 has more shares outstanding than it did 5 years ago.
SR9 has a better debt/assets ratio than last year.
SR9.DE Yearly Shares OutstandingSR9.DE Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
SR9.DE Yearly Total Debt VS Total AssetsSR9.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B

2.2 Solvency

SR9 has a debt to FCF ratio of 2.64. This is a good value and a sign of high solvency as SR9 would need 2.64 years to pay back of all of its debts.
SR9 has a Debt to FCF ratio of 2.64. This is in the better half of the industry: SR9 outperforms 61.54% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that SR9 is not too dependend on debt financing.
SR9 has a better Debt to Equity ratio (0.35) than 84.62% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.64
Altman-Z N/A
ROIC/WACCN/A
WACCN/A
SR9.DE Yearly LT Debt VS Equity VS FCFSR9.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 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
SR9.DE Yearly Current Assets VS Current LiabilitesSR9.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

3

3. Growth

3.1 Past

The earnings per share for SR9 have decreased by -0.73% in the last year.
The Earnings Per Share has been growing by 33.96% on average over the past years. This is a very strong growth
Looking at the last year, SR9 shows a small growth in Revenue. The Revenue has grown by 1.44% in the last year.
Measured over the past years, SR9 shows a decrease in Revenue. The Revenue has been decreasing by -1.49% on average per year.
EPS 1Y (TTM)-0.73%
EPS 3Y31.5%
EPS 5Y33.96%
EPS Q2Q%55.14%
Revenue 1Y (TTM)1.44%
Revenue growth 3Y-0.54%
Revenue growth 5Y-1.49%
Sales Q2Q%-52.36%

3.2 Future

The Earnings Per Share is expected to grow by 7.90% on average over the next years.
SR9 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.00% yearly.
EPS Next Y61.66%
EPS Next 2Y29.17%
EPS Next 3Y20.79%
EPS Next 5Y7.9%
Revenue Next Year-0.31%
Revenue Next 2Y2.58%
Revenue Next 3Y2.53%
Revenue Next 5Y3%

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.
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.
SR9.DE Yearly Revenue VS EstimatesSR9.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 20B 40B 60B 80B
SR9.DE Yearly EPS VS EstimatesSR9.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 0 5 10 15 20

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 15.55, which indicates a correct valuation of SR9.
SR9's Price/Earnings ratio is a bit more expensive when compared to the industry. SR9 is more expensive than 66.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.89. SR9 is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 11.03, the valuation of SR9 can be described as reasonable.
SR9's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.99. SR9 is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 15.55
Fwd PE 11.03
SR9.DE Price Earnings VS Forward Price EarningsSR9.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

SR9's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 15.65
EV/EBITDA N/A
SR9.DE Per share dataSR9.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

SR9'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 SR9 may justify a higher PE ratio.
A more expensive valuation may be justified as SR9's earnings are expected to grow with 20.79% in the coming years.
PEG (NY)0.25
PEG (5Y)0.46
EPS Next 2Y29.17%
EPS Next 3Y20.79%

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.02%, SR9 is a good candidate for dividend investing.
SR9's Dividend Yield is slightly below the industry average, which is at 4.57.
SR9's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
Industry RankSector Rank
Dividend Yield 4.02%

5.2 History

The dividend of SR9 has a limited annual growth rate of 3.80%.
Dividend Growth(5Y)3.8%
Div Incr Years0
Div Non Decr Years0
SR9.DE Yearly Dividends per shareSR9.DE Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 1 2 3 4 5

5.3 Sustainability

58.32% of the earnings are spent on dividend by SR9. This is a bit on the high side, but may be sustainable.
SR9's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP58.32%
EPS Next 2Y29.17%
EPS Next 3Y20.79%
SR9.DE Yearly Income VS Free CF VS DividendSR9.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B 4B 6B 8B
SR9.DE Dividend Payout.SR9.DE Dividend Payout, showing the Payout Ratio.SR9.DE Dividend Payout.PayoutRetained Earnings

SWISS RE AG

FRA:SR9 (10/24/2025, 7:00:00 PM)

163.4

+1.9 (+1.18%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)08-14 2025-08-14/bmo
Earnings (Next)11-14 2025-11-14
Inst Owners39.06%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap48.82B
Revenue(TTM)44.45B
Net Income(TTM)3.72B
Analysts70.83
Price Target158.63 (-2.92%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.02%
Yearly Dividend5.83
Dividend Growth(5Y)3.8%
DP58.32%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.09%
Min EPS beat(2)-11.28%
Max EPS beat(2)25.45%
EPS beat(4)2
Avg EPS beat(4)-17.07%
Min EPS beat(4)-85.46%
Max EPS beat(4)25.45%
EPS beat(8)4
Avg EPS beat(8)-6.39%
EPS beat(12)5
Avg EPS beat(12)-30.28%
EPS beat(16)6
Avg EPS beat(16)-37.64%
Revenue beat(2)0
Avg Revenue beat(2)-9.19%
Min Revenue beat(2)-13.74%
Max Revenue beat(2)-4.65%
Revenue beat(4)0
Avg Revenue beat(4)-6.85%
Min Revenue beat(4)-13.74%
Max Revenue beat(4)-1.11%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.37%
PT rev (3m)0.06%
EPS NQ rev (1m)12.53%
EPS NQ rev (3m)0.76%
EPS NY rev (1m)0%
EPS NY rev (3m)7.56%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)1.56%
Revenue NY rev (3m)-8.65%
Valuation
Industry RankSector Rank
PE 15.55
Fwd PE 11.03
P/S 1.28
P/FCF 15.65
P/OCF 15.65
P/B 2.37
P/tB 2.85
EV/EBITDA N/A
EPS(TTM)10.51
EY6.43%
EPS(NY)14.81
Fwd EY9.07%
FCF(TTM)10.44
FCFY6.39%
OCF(TTM)10.44
OCFY6.39%
SpS128.14
BVpS68.96
TBVpS57.32
PEG (NY)0.25
PEG (5Y)0.46
Graham Number127.7
Profitability
Industry RankSector Rank
ROA 2.75%
ROE 15.53%
ROCE 3.5%
ROIC 2.77%
ROICexc 2.85%
ROICexgc 3.26%
OM 10.51%
PM (TTM) 8.36%
GM N/A
FCFM 8.15%
ROA(3y)1.68%
ROA(5y)1.07%
ROE(3y)10.37%
ROE(5y)6.8%
ROIC(3y)2.05%
ROIC(5y)N/A
ROICexc(3y)2.12%
ROICexc(5y)N/A
ROICexgc(3y)2.47%
ROICexgc(5y)N/A
ROCE(3y)2.58%
ROCE(5y)N/A
ROICexgc growth 3Y50.76%
ROICexgc growth 5Y52.33%
ROICexc growth 3Y53.43%
ROICexc growth 5Y51.85%
OM growth 3Y38.28%
OM growth 5Y36.47%
PM growth 3Y31%
PM growth 5Y36.36%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.33
Health
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.64
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 8.77
Cash Conversion N/A
Profit Quality 97.47%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)285.69%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.73%
EPS 3Y31.5%
EPS 5Y33.96%
EPS Q2Q%55.14%
EPS Next Y61.66%
EPS Next 2Y29.17%
EPS Next 3Y20.79%
EPS Next 5Y7.9%
Revenue 1Y (TTM)1.44%
Revenue growth 3Y-0.54%
Revenue growth 5Y-1.49%
Sales Q2Q%-52.36%
Revenue Next Year-0.31%
Revenue Next 2Y2.58%
Revenue Next 3Y2.53%
Revenue Next 5Y3%
EBIT growth 1Y3.78%
EBIT growth 3Y37.53%
EBIT growth 5Y34.43%
EBIT Next Year61.93%
EBIT Next 3Y17.63%
EBIT Next 5YN/A
FCF growth 1Y50.35%
FCF growth 3Y-8.64%
FCF growth 5Y13.41%
OCF growth 1Y50.35%
OCF growth 3Y-8.64%
OCF growth 5Y13.41%

SWISS RE AG / SR9.DE FAQ

What is the ChartMill fundamental rating of SWISS RE AG (SR9.DE) stock?

ChartMill assigns a fundamental rating of 4 / 10 to SR9.DE.


Can you provide the valuation status for SWISS RE AG?

ChartMill assigns a valuation rating of 5 / 10 to SWISS RE AG (SR9.DE). This can be considered as Fairly Valued.


How profitable is SWISS RE AG (SR9.DE) stock?

SWISS RE AG (SR9.DE) has a profitability rating of 6 / 10.


What is the valuation of SWISS RE AG based on its PE and PB ratios?

The Price/Earnings (PE) ratio for SWISS RE AG (SR9.DE) is 15.55 and the Price/Book (PB) ratio is 2.37.


How financially healthy is SWISS RE AG?

The financial health rating of SWISS RE AG (SR9.DE) is 3 / 10.