Münchener Rückversicherungs-Gesellschaft AG in München (MUV2.DE) stock analysis

In our weekly check, Münchener Rückversicherungs-Gesellschaft AG in München is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 13 pass, warnings: 7, red flags: 4.

About Münchener Rückversicherungs-Gesellschaft AG in München

Münchener Rückversicherungs-Gesellschaft AG in München is a Financial Services company (Insurance - Reinsurance) based in Germany, listed on XETRA as MUV2.DE.

What our checks show for MUV2.DE

Red flags

• Profits not backed by cash
• Analysts expect revenue to shrink about 0.4% a year.
• Return on capital (ROCE) is only 3.2%.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The gross margin fell by 1.2 points, to 82.2%: costs are rising faster than prices.
• Analysts expect the net margin to shrink by 0.6 points from today's 9.9%.
• The net margin is only 9.9%: little room if costs rise.
• Free cash flow is only 0% of revenue.
• The stock has fallen as much as 48% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 2.7 years.
• Thinly traded (about 274 thousand shares a day): buying and selling can move the price.

Strengths

• The net margin rose by 5.3 points over 5 years, to 9.9%.
• Revenue grew 20.5% a year over the last 3 years.
• Earnings per share grew 29.7% a year over the last 3 years.
• The price is 10.4 times earnings (P/E), reasonable for its growth.
• A large company: market value $78.39 billion.
• The price moves calmly: 19.8% annual volatility.

Next earnings report: 2026-11-12

Similar companies

SREN.SW · HNR1.DE · RGA · EG · RNR

Questions

What grade does Münchener Rückversicherungs-Gesellschaft AG in München (MUV2.DE) have?

In our weekly check, Münchener Rückversicherungs-Gesellschaft AG in München is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 13 pass, warnings: 7, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of MUV2.DE stock?

This week's biggest flags for Münchener Rückversicherungs-Gesellschaft AG in München: Profits not backed by cash, Weak revenue forecast, Low return on capital. In total 11 of 24 checks show a warning or a red flag.

What does Münchener Rückversicherungs-Gesellschaft AG in München do?

Münchener Rückversicherungs-Gesellschaft AG in München is a Financial Services company (Insurance - Reinsurance) based in Germany, listed on XETRA as MUV2.DE.

When does Münchener Rückversicherungs-Gesellschaft AG in München report earnings next?

The next earnings report is expected on 2026-11-12. 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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