OTCMMURGY
Market cap68bUSD
Dec 20, Last price
10.37USD
1D
-0.48%
1Q
-80.94%
Jan 2017
-44.93%
Name
Muenchener Rueckversicherungs Gesellschaft in Muenchen AG
Chart & Performance
Profile
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through five segments: Life and Health Reinsurance; Property-Casualty Reinsurance; ERGO Life and Health Germany; ERGO Property-Casualty Germany; and ERGO International. It offers life and health reinsurance solutions, such as financial market risks, data analytics, claims handling and underwriting, medical research, health market, capital management, and digital underwriting and analytics, as well as MIRA digital suite; and property and casualty reinsurance solutions, including agricultural risk, data analytics, infrastructure risk profiler, remote inspection, retroactive reinsurance, insurance linked securities, location risk, risk transfer, and cyber, as well as NatCatSERVICE for natural catastrophe loss database, REALYTIX ZERO, IMPROVEX, cert2go, consulting for product development, prospective structured reinsurance, and Vahana AI for motor claims. The company also provides solutions for industry clients, such as IoT cover, earnings quality insurance protection, captive insurance and risk transfer, liability, weather risks, space and satellite insurance, bioenergy plant performance insurance, solar energy insurance, wind farm insurance, mining insurance, construction projects covers and services, aviation insurance, power and utilities, oil and gas companies insurance, industrial cyber insurance, risk suite, data and location risk intelligence, digital risks, PV warranty insurance, parametric, Insure AI, liquidation damage cover, and natural catastrophes solutions. In addition, it offers life, property-casualty, health, legal protection, and travel insurance products under the ERGO brand name. The company was founded in 1880 and is based in Munich, Germany.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 58,612,000 -14.38% | 68,452,000 7.19% | 63,860,000 8.90% | |||||||
Cost of revenue | 2,497,000 | 3,399,000 | 3,003,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 56,115,000 | 65,053,000 | 60,857,000 | |||||||
NOPBT Margin | 95.74% | 95.03% | 95.30% | |||||||
Operating Taxes | 936,000 | 580,000 | 552,000 | |||||||
Tax Rate | 1.67% | 0.89% | 0.91% | |||||||
NOPAT | 55,179,000 | 64,473,000 | 60,305,000 | |||||||
Net income | 4,606,000 34.21% | 3,432,000 17.01% | 2,933,000 142.20% | |||||||
Dividends | (1,583,000) | (1,549,000) | (1,378,000) | |||||||
Dividend yield | 3.09% | 3.66% | 3.78% | |||||||
Proceeds from repurchase of equity | (1,041,000) | (148,000) | ||||||||
BB yield | 2.03% | 0.35% | ||||||||
Debt | ||||||||||
Debt current | 135,000 | |||||||||
Long-term debt | 5,150,000 | 6,807,000 | 7,230,000 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 238,131,000 | 8,947,000 | (8,097,000) | |||||||
Net debt | (217,928,000) | (305,422,000) | (346,790,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,543,000 | (7,644,000) | 5,226,000 | |||||||
CAPEX | (148,000) | (10,671,000) | ||||||||
Cash from investing activities | (329,000) | 11,347,000 | (3,818,000) | |||||||
Cash from financing activities | (2,983,000) | (2,702,000) | (1,681,000) | |||||||
FCF | 64,610,000 | 74,718,000 | 55,838,000 | |||||||
Balance | ||||||||||
Cash | 8,570,000 | 149,706,000 | 171,244,000 | |||||||
Long term investments | 214,508,000 | 162,658,000 | 182,776,000 | |||||||
Excess cash | 220,147,400 | 308,941,400 | 350,827,000 | |||||||
Stockholders' equity | 29,771,000 | 28,047,000 | 37,790,000 | |||||||
Invested Capital | 231,971,000 | 253,419,000 | 271,470,000 | |||||||
ROIC | 22.74% | 24.57% | 22.82% | |||||||
ROCE | 21.26% | 23.10% | 19.60% | |||||||
EV | ||||||||||
Common stock shares outstanding | 135,977 | 139,364 | 140,099 | |||||||
Price | 376.40 24.06% | 303.40 16.58% | 260.25 6.27% | |||||||
Market cap | 51,181,672 21.05% | 42,283,170 15.97% | 36,460,747 6.13% | |||||||
EV | (166,624,328) | (262,999,830) | (310,213,253) | |||||||
EBITDA | 56,409,000 | 65,374,000 | 61,155,000 | |||||||
EV/EBITDA | ||||||||||
Interest | 296,000 | 286,000 | 336,000 | |||||||
Interest/NOPBT | 0.53% | 0.44% | 0.55% |