Hannover Rueck SE HVRRF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $265.50
- Day Range
- $263.00–263.00
- 52-Week Range
- $189.00–265.50
- Bid/Ask
- $244.73 / $253.47
- Market Cap
- $31.72 Bil
- Volume/Avg
- 121 / 104
Key Statistics
- Price/Earnings (Normalized)
- 18.09
- Price/Sales
- 25.95
- Dividend Yield (Trailing)
- 2.09%
- Dividend Yield (Forward)
- 2.48%
- Total Yield
- 2.09%
Company Profile
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
- Sector
- Financial Services
- Industry
- Insurance - Reinsurance
- Stock Style Box
- Large Core
- Total Number of Employees
- 3,756
- Website
- https://www.hannover-re.com
Competitors
Valuation
|
Metric
|
HVRRF
|
MUV2
|
SREN
|
|---|---|---|---|
Price/Earnings (Normalized) | 18.09 | 12.57 | 10.53 |
Price/Book Value | 2.83 | 1.90 | 2.13 |
Price/Sales | 25.95 | 0.96 | 0.68 |
Price/Cash Flow | 93.92 | 7.32 | 13.79 |
Price/Earnings
HVRRF
MUV2
SREN
Financial Strength
|
Metric
|
HVRRF
|
MUV2
|
SREN
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 12.52 | 19.70 | 8.98 |
Quick Ratio
No chart available
Profitability
|
Metric
|
HVRRF
|
MUV2
|
SREN
|
|---|---|---|---|
Return on Assets (Normalized) | 2.83% | 1.73% | 1.83% |
Return on Equity (Normalized) | 19.22% | 16.53% | 23.32% |
Return on Invested Capital (Normalized) | 15.57% | 14.83% | 10.47% |
Return on Assets
HVRRF
MUV2
SREN
Insurance - Reinsurance Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
MURGF
| Munchener Ruckversicherungs-Gesellschaft AG | — | Dntd | $60.0 Bil | |
MURGY
| Munchener Ruckversicherungs-Gesellschaft AG ADR | Sfhknkt | Tpdrv | $60.0 Bil | |
SSREF
| Swiss Re AG | — | Kxsf | $31.6 Bil | |
SSREY
| Swiss Re AG ADR | Vwkldkr | Bpsfz | $31.6 Bil | |
HVRRY
| Hannover Rueck SE ADR | Jbbqfvkdv | Bdfj | $29.7 Bil | |
EG
| Everest Group Ltd | — | Hrchl | $16.2 Bil | |
RGA
| Reinsurance Group of America Inc | — | Qwmm | $12.4 Bil | |
RNR
| RenaissanceRe Holdings Ltd | Ywpkyczx | Vmbtt | $11.7 Bil | |
SCRYY
| SCOR SE ADR | Qdwzfhdvs | Mdcw | $5.6 Bil |