Münchener Rückversicherungs-Gesellschaft AG in München

Factors to consider:

• Company pays dividends (annually): last record date 2025-05-05, amount 22.58$ (Y3.45%)
• Current price 21.4% above estimated high
• Earnings for 18 months up through Q2 (+1 year) exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2023-12-31 to 2025-12-30

• 2023-12-31 to 2024-12-30 estimated range: [390.34$, 517.14$]
• 2024-12-30 to 2025-12-30 estimated range: [401.39$, 539.17$]

Financial Metrics affecting the MURGF estimates:

• Negative: with PPE of 11.4 at the end of fiscal year the price was very high
• Positive: 7.86 < Operating profit margin, % of 17.92
• Negative: Shareholder equity ratio, % of 10.83 <= 18.93
• Positive: Industry operating cash flow per share per price (median), % of 11.76 > 10.33
• Positive: -8.75 < Industry operating profit margin (median), % of -0.57
• Positive: 0.33 < Operating cash flow per share per price, % of 4.94
• Positive: Industry inventory ratio change (median), % of 0 <= 0
• Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 1.65