Valuation Munich Re Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate 07:51:43 2026-09-14 EDT			5-day change	1st Jan Change
510.60 ^EUR	+1.11%		-0.47%	-9.17%

09-10	Interest-rate-sensitive insurers in demand ahead of ECB rate decision	DP
09-08	Munich Re: Wave of insurance mergers in the US expected	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	36,496	42,207	50,488	64,152	71,940	63,285	-	-
Change	-	15.65%	19.62%	27.06%	12.14%	-12.03%	-	-
Enterprise Value (EV)	36,789	40,816	49,606	64,357	73,872	63,285	63,285	63,285
Change	-	10.95%	21.54%	29.74%	14.78%	-14.33%	0%	0%
P/E	12.4x	12.3x	11.1x	11.4x	11.9x	9.76x	9.85x	9.23x
PBR	1.18x	1.99x	1.7x	1.96x	2.16x	1.81x	1.72x	1.63x
PEG	-	0.7x	0.3x	0.4x	1.2x	1.03x	-11.1x	1.38x
Capitalization / Revenue	0.61x	0.63x	0.72x	0.88x	1x	0.9x	0.93x	0.89x
EV / Revenue	0x	0x	0x	0x	0x	0.9x	0.93x	0.89x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	7.28x	7.55x	7.44x
EV / FCF	0x	-	0x	0x	0x	7.91x	7.62x	7.62x
FCF Yield	4.26%	-	4.74%	4.41%	6.4%	12.6%	13.1%	13.1%
Dividend per Share ²	11	11.6	15	20	24	25.72	27.57	29.64
Rate of return	4.22%	3.82%	4%	4.11%	4.27%	5.11%	5.48%	5.89%
EPS ²	20.93	24.63	33.88	42.78	47.1	51.57	51.11	54.54
Distribution rate	52.6%	47.1%	44.3%	46.8%	51%	49.9%	53.9%	54.4%
Net sales ¹	59,567	67,133	69,814	72,807	71,631	70,034	68,302	71,308
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	3,517	3,582	5,702	7,969	8,876	8,691	8,386	8,507
Net income ¹	2,933	3,419	4,597	5,671	6,121	6,540	6,265	6,382
Net Debt	293	-1,391	-882	205	1,932	-	-	-
Reference price ²	260.50	304.00	375.10	487.10	562.20	503.40	503.40	503.40
Nbr of stocks (in thousands)	140,099	138,838	134,600	131,702	127,962	125,715	-	-
Announcement Date	2/23/22	2/23/23	2/27/24	2/26/25	2/26/26	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MUNICH RE	9.76x	-	-	5.11%	73.45B
HANNOVER RE	10.91x	1.44x	-	5.19%	35.05B
EVEREST GROUP, LTD.	7.23x	-	-	2.15%	14.25B
RENAISSANCERE HOLDINGS LTD.	8.77x	-	-	0.5%	13.5B
SIRIUSPOINT LTD.	9.48x	-	-	-	2.81B
SAUDI REINSURANCE COMPANY	14.93x	-	-	-	1.28B
IRB - BRASIL RESSEGUROS S.A.	8.04x	-	-	3.55%	967M
CONDUIT HOLDINGS LIMITED	6.45x	-	-	5.95%	897M
Average	9.45x	1.44x		3.74%	17.78B
Weighted average by Cap.	9.70x	1.44x		4.37%