Hannover Rück SE (HNR1.DE) stock analysis
In our weekly check, Hannover Rück SE is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 3.
About Hannover Rück SE
Hannover Rück SE is a Financial Services company (Insurance - Reinsurance) based in Germany, listed on XETRA as HNR1.DE.
What our checks show for HNR1.DE
Red flags
- The gross margin fell by 6 points, to 94%: costs are rising faster than prices.
- Analysts expect revenue to shrink about 35% a year.
- Return on capital (ROCE) is only 2.2%.
Warning signs
- Operating cash flow is only 0.71x net profit: part of the reported profit does not arrive as cash.
- Analysts expect earnings per share to shrink about 36.1% a year.
- Analysts expect the net margin to shrink by 0.3 points from today's 10.7%.
- The stock has fallen as much as 58% from a peak. Would you have held through that?
- Thinly traded (about 131 thousand shares a day): buying and selling can move the price.
Strengths
- The net margin rose by 6 points over 5 years, to 10.7%.
- Revenue grew 294% a year over the last 3 years.
- Earnings per share grew 127% a year over the last 3 years.
- Net profit grew 127% a year over the last 3 years.
- The dividend takes 17% of profit: there is a cushion.
- The price is 3.7 times earnings (P/E), reasonable for its growth.
Next earnings report: 2026-11-09
Similar companies
SREN.SW · RGA · MUV2.DE · EG · RNR · HG
Questions
What grade does Hannover Rück SE (HNR1.DE) have?
In our weekly check, Hannover Rück SE is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 17 pass, warnings: 5, red flags: 3. The grade is a risk check, not a buy or sell recommendation.
What are the main risks of HNR1.DE stock?
This week's biggest flags for Hannover Rück SE: Gross margin falling, Weak revenue forecast, Low return on capital. In total 8 of 25 checks show a warning or a red flag.
What does Hannover Rück SE do?
Hannover Rück SE is a Financial Services company (Insurance - Reinsurance) based in Germany, listed on XETRA as HNR1.DE.
When does Hannover Rück SE report earnings next?
The next earnings report is expected on 2026-11-09. We re-run the checks every week, so the grade can change after it.
The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.
Updated 2026-10-24
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