Stock · HNR1.DE · Financial Services
Germany · Large Cap · Revenue 12 mo. €85B
Price as of 11/06/2026
Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.
Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; natural catastrophe; credit, surety, and political risks; cyber; digital; marine and upstream energy; natural catastrophes; advanced and facultative business, insurance-linked securities and structured reinsurance; and parametric solutions. It also offers risk solutions in the areas of critical illness, disability, health, longevity, long term care, and mortality. In addition, the company offers group life, retirement, lifestyle, credit life, and Takaful reinsurance products. Further, the company provides various financial solutions, including new-business financing; monetization of embedded value; reserve and solvency relief; and reinsurance and solvency II businesses. The company was formerly known as Hannover Rückversicherung AG and changed its name to Hannover Rück SE in March 2013. Hannover Rück SE was founded in 1966 and is based in Hanover, Germany. Hannover Rück SE operates as a subsidiary of Talanx AG.
Original text from the data provider
Summary
60.5 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
Book value €12.9B, market value €35.3B (P/B 2.7). At a 9% discount rate, the premium over book value only pays off with a lasting 24.6% return on equity.
Required return on equity per year
24.6%
no perpetual growth
Price to book 2.73×, above its usual range.
Middle half of 20 quarters: 2.24× to 2.69×, median 2.50×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q1 → Q2 2026
4 more unchanged: Revenue, 12 mo., EBIT margin, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 20.43% | 12.46% | Rank 83 |
| Return on capital (Greenblatt) | 46.26% | 59.04% | Rank 46 |
| EBIT margin | 14.21% | 23.06% | Rank 23 |
| FCF margin | 23.68% | 19.82% | Rank 57 |
| Gross margin | 111.58% | 65.53% | Rank 99 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 0.45% | 7.39% | Rank 27 |
| Earnings growth, 3 years per year | 23.25% | 15.20% | Rank 67 |
| Earnings growth, 5 years per year | 24.50% | 15.17% | Rank 72 |
| Sustainable growth (ROE × retained earnings) | 0.00% | 1.25% | Rank 6 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 7.48% | 6.47% | Rank 65 |
| FCF yield | 16.09% | 7.16% | Rank 80 |
| EV/saleslower is better | 1.60 | 2.82 | Rank 64 |
| EV/EBITlower is better | 11.26 | 14.24 | Rank 64 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 7.69% | 7.80% | Rank 50 |
| Share price, 6 months | 20.27% | 8.71% | Rank 84 |
| Share price, 3 months | 20.67% | 0.45% | Rank 96 |
| Distance from 52-week high | −4.37% | −10.68% | Rank 78 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 1.41% | 1.23% | Rank 48 |
| Change in share countlower is better | 0.00% | −0.60% | Rank 38 |
| Dividend streak in years | 4 | 5 | Rank 48 |
| Price reaction to results, market-adjusted | −0.49% | 0.00% | Rank 41 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 18.13% | 9.21% | Rank 70 |
| Net debt/EBITDAlower is better | 0.12 | 0.12 | Rank 50 |
| Debt to equitylower is better | 0.32 | 0.90 | Rank 77 |
| Volatility, 1 yearlower is better | 19.94% | 25.95% | Rank 85 |
Ten years in figures
| Year | Revenue, €B | Net income | Return on equity | Shares |
|---|---|---|---|---|
| 2016 | 16.1 | €1.2B | 13.0% | 121M |
| 2017 | 17.5 | €958.6M | 11.2% | 121M |
| 2018 | 19.0 | €1.1B | 12.1% | 121M |
| 2019 | 21.6 | €1.3B | 12.2% | 121M |
| 2020 | 23.2 | €883.1M | 8.0% | 121M |
| 2021 | 26.3 | €1.2B | 10.4% | 121M |
| 2022 | 22.2 | €1.4B | 15.6% | 121M |
| 2023 | 24.1 | €1.8B | 18.0% | 121M |
| 2024 | 23.9 | €2.3B | 19.7% | 121M |
| 2025 | 24.0 | €2.6B | 20.4% | 121M |
4 of 7 StockScorer Score rules met · How the score is built
Hannover Rück SE mainly meets criteria in the Valuation category. Result from 18 strategies checked.
This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Hannover Rück SE. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
6 of 11 points
The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Hannover Rück SE.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 13.4 | 15.2 |
| P/B ratio | 2.7 | 1.8 |
| Return on equity (ROE) | 20.4% | 12.5% |
| Equity ratio | 18.1% | 9.2% |
| Debt-to-equity (D/E) | 0.32 | 0.90 |
| Dividend yield | 4.3% | 3.3% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| HNR1.DE | Hannover Rück SEthis page | |
| MUV2.DE | Münchener Rück AG | Low1.8 |
| SREN.SW | Swiss Re AG | locked |
| RGA | Reinsurance Group of America | locked |
| EG | Everest Group Ltd | locked |
| RNR | Renaissancere Holdings Ltd | locked |
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