Valuation Munich Re Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate 12:20:14 2026-08-21 EDT			5-day change	1st Jan Change
516.50 ^EUR	+0.88%		+0.12%	-8.03%

08-19	Munich Re : Jefferies remains Neutral	ZD
08-19	German DAX Index Closes Flat as Eurozone Inflation Ticks Up	MT

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	64,517	-	-
Change	-	15.65%	19.62%	27.06%	12.14%	-10.32%	-	-
Enterprise Value (EV)	36,789	40,816	49,606	64,357	73,872	64,517	64,517	64,517
Change	-	10.95%	21.54%	29.74%	14.78%	-12.66%	0%	0%
P/E	12.4x	12.3x	11.1x	11.4x	11.9x	9.99x	10x	9.39x
PBR	1.18x	1.99x	1.7x	1.96x	2.16x	1.85x	1.76x	1.66x
PEG	-	0.7x	0.3x	0.4x	1.2x	1.11x	-24.42x	1.37x
Capitalization / Revenue	0.61x	0.63x	0.72x	0.88x	1x	0.92x	0.94x	0.9x
EV / Revenue	0x	0x	0x	0x	0x	0.92x	0.94x	0.9x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	7.49x	7.69x	7.56x
EV / FCF	0x	-	0x	0x	0x	8.06x	7.77x	7.77x
FCF Yield	4.26%	-	4.74%	4.41%	6.4%	12.4%	12.9%	12.9%
Dividend per Share ²	11	11.6	15	20	24	25.72	27.58	29.65
Rate of return	4.22%	3.82%	4%	4.11%	4.27%	5.01%	5.37%	5.78%
EPS ²	20.93	24.63	33.88	42.78	47.1	51.35	51.14	54.63
Distribution rate	52.6%	47.1%	44.3%	46.8%	51%	50.1%	53.9%	54.3%
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	8,613	8,389	8,529
Net income ¹	2,933	3,419	4,597	5,671	6,121	6,493	6,274	6,403
Net Debt	293	-1,391	-882	205	1,932	-	-	-
Reference price ²	260.50	304.00	375.10	487.10	562.20	513.20	513.20	513.20
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	9.99x	-	-	5.01%	75.35B
HANNOVER RE	10.74x	1.43x	-	5.21%	35.13B
EVEREST GROUP, LTD.	7.16x	-	-	2.17%	14.12B
RENAISSANCERE HOLDINGS LTD.	8.69x	-	-	0.51%	13.39B
SIRIUSPOINT LTD.	9.24x	-	-	-	2.74B
SAUDI REINSURANCE COMPANY	12.54x	-	-	-	1.08B
CONDUIT HOLDINGS LIMITED	6.59x	-	-	5.83%	917M
IRB - BRASIL RESSEGUROS S.A.	6.93x	-	-	4.34%	779M
Average	8.99x	1.43x		3.84%	17.94B
Weighted average by Cap.	9.74x	1.43x		4.34%