Nuernberger Beteiligungs AG

Chart & Performance

D1W1MN

P/E

13.53

P/S

0.13

EPS

3.62

Div Yield, %

7.14%

Shrs. gr., 5y

—

Rev. gr., 5y

10.43%

Revenues

4.22b

+4.71%

Net income

42m

-39.64%

CFO

-117m

L-73.92%

Dividend

May 15, 20243.5 EUR/sh

Profile

NÜRNBERGER Beteiligungs-AG operates as an insurance company in Germany. The company offers car, motorcycle, oldtimerversicherung, long-term care, protection, life, and pension insurance products; personal, pet owners, home and property owners, watersports, principal's, civil, and waters damage liability, as well as hunting insurance products; and content, homeowners, shell, house and wohnungsschutzbrief, and household glass insurance products. It also provides inshape, seeing and hearing, dental, travel, alternative medicine, around protection, hospitalization, sickness allowance, and private health insurance products; and musical instrument, horse transport, sport boat, luggage, security, valuables, and event insurance products. In addition, the company offers disability, dread disease, and accident insurance products; insurance products for kids and teens, and owners and employees; and invalidity and subsidy insurance products. Further, it provides glass, commercial building, and building services insurance products; building services breakdown, electronics, and photovoltaic insurance products; property damage and IT liability, and D & O insurance products; and intellectual property legal insurance products. Additionally, the company offers transportation, cargo, fleet, and carrier's liability, as well as car insurance products for car wholesalers and electricians; and multi-risk, exhibition, and business insurance products. It serves business customers in the pharmacy, construction, funeral home, heliwesen, wholesale, manufacturing, hotels, restaurants, agriculture, forestry, food trade, crafts, beauty, horse-holding facilities, IT service, and related trades industries, as well as operator of renewable energy plants, medium-sized enterprises, shippers, carriers, organizers, and chamber professions; and private customers. The company was founded in 1884 and is based in Nuremberg, Germany.

URL

https://www.nuernberger.de/

IPO date

Oct 18, 1989

Employees

4,200

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	4,216,772 4.71%	4,027,125 -12.62%	4,608,753 5.96%
Cost of revenue	(705,315)	393,604	394,097
Unusual Expense (Income)
NOPBT	4,922,087	3,633,521	4,214,657
NOPBT Margin	116.73%	90.23%	91.45%
Operating Taxes	20,573	(15,795)	5,034
Tax Rate	0.42%		0.12%
NOPAT	4,901,514	3,649,317	4,209,623
Net income	41,732 -39.64%	69,141 9.74%	63,003 -18.57%
Dividends	(40,320)	(38,016)	(38,016)
Dividend yield
Proceeds from repurchase of equity
BB yield
Debt
Debt current		23,423
Long-term debt	15,274	19,084	24,288
Deferred revenue	3,137	303	295
Other long-term liabilities	31,816,407	30,597,574	32,876,360
Net debt	(23,791,966)	(2,014,951)	(1,772,922)
Cash flow
Cash from operating activities	(116,821)	(448,010)	114,894
CAPEX	(27,906)	(37,583)	(43,359)
Cash from investing activities	45,956	405,423	164,176
Cash from financing activities	(44,369)	(43,460)	(37,547)
FCF	4,986,389	4,256,240	3,982,283
Balance
Cash	670,082	652,893	738,913
Long term investments	23,137,159	1,404,565	1,058,296
Excess cash	23,596,402	1,856,102	1,566,772
Stockholders' equity	831,805	827,975	796,376
Invested Capital	31,969,583	30,753,343	33,010,737
ROIC	15.63%	11.45%	13.18%
ROCE	15.01%	11.50%	12.46%
EV
Common stock shares outstanding	11,520	11,520	11,520
Price
Market cap
EV
EBITDA	4,922,300	3,633,734	4,259,098
EV/EBITDA
Interest			15,367
Interest/NOPBT			0.36%