Nuernberger Beteiligungs AG (HAM:NBG6) Ending Cash Position: €548 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:NBG6 Nuernberger Beteiligungs AG HAM:NBG6
58 GF Score
Price €122.00
GF Value €66.39
! 5 Warning Signs
View Full Analysis

What is Nuernberger Beteiligungs AG Ending Cash Position?

Nuernberger Beteiligungs AG HAM:NBG6 -1.21% 58 Ending Cash Position is €548 Mil as of Dec. 2025. GuruFocus rates HAM:NBG6 with a GF Score™ of 58/100 and a GF Value™ of €66.39. The stock has 5 warning signs investors should review.

Nuernberger Beteiligungs AG's Ending Cash Position for the quarter that ended in Dec. 2025 was €548 Mil.

Nuernberger Beteiligungs AG's quarterly Ending Cash Position increased from Dec. 2024 (€488 Mil) to Jun. 2025 (€570 Mil) but then declined from Jun. 2025 (€570 Mil) to Dec. 2025 (€548 Mil).

Nuernberger Beteiligungs AG's annual Ending Cash Position declined from Dec. 2023 (€538 Mil) to Dec. 2024 (€488 Mil) but then increased from Dec. 2024 (€488 Mil) to Dec. 2025 (€548 Mil).

Nuernberger Beteiligungs AG Ending Cash Position Related Terms

Nuernberger Beteiligungs AG Ending Cash Position Historical Data

* Premium members only.

The historical data trend for Nuernberger Beteiligungs AG's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuernberger Beteiligungs AG Ending Cash Position Chart

Nuernberger Beteiligungs AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 738.91 652.89 537.64 487.73 547.83

Nuernberger Beteiligungs AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 537.64 419.80 487.73 570.09 547.83
HAM:NBG6
58GF Score
Nuernberger Beteiligungs AG HAM:NBG6
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuernberger Beteiligungs AG Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Nuernberger Beteiligungs AG's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=487.62994+60.196
=548

Nuernberger Beteiligungs AG's Ending Cash Position for the quarter that ended in Dec. 2025 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=569.99294+-22.167
=548

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of €548 Mil mean?
Nuernberger Beteiligungs AG (HAM:NBG6) has a Ending Cash Position of €548 Mil as of Dec. 2025. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Nuernberger Beteiligungs AG and its competitors.
Is Nuernberger Beteiligungs AG's Ending Cash Position too high?
Nuernberger Beteiligungs AG's current Ending Cash Position is €548 Mil. Overall, Nuernberger Beteiligungs AG has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Nuernberger Beteiligungs AG's Ending Cash Position compare to BRK.A and AIG?
Nuernberger Beteiligungs AG's Ending Cash Position of €548 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for an Insurance company?
A good Ending Cash Position depends on the Insurance industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Nuernberger Beteiligungs AG and its competitors. Nuernberger Beteiligungs AG's current Ending Cash Position is €548 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuernberger Beteiligungs AG stock overvalued right now?
Nuernberger Beteiligungs AG (HAM:NBG6) has a current Ending Cash Position of €548 Mil. The stock's GF Value™ is €66.39, compared to a current price of €122.00 — trading 83.8% above its estimated fair value. The current Ending Cash Position is €548 Mil. Nuernberger Beteiligungs AG's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Nuernberger Beteiligungs AG (HAM:NBG6), the current Ending Cash Position is €548 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nuernberger Beteiligungs AG (HAM:NBG6) Overvalued in 2026?

Based on GuruFocus' analysis, Nuernberger Beteiligungs AG stock appears to be overvalued. The current stock price of €122.00 is trading 83.8% above its estimated GF Value™ of €66.39.

Key valuation signals for HAM:NBG6:

  • Ending Cash Position: €548 Mil
  • GF Value™: €66.39 vs. price of €122.00 (83.8% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the HAM:NBG6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nuernberger Beteiligungs AG Business Description

Other Exchanges NBG6:Germany
Address Ostendstrasse 100, Nuernberg, DEU, 90334
Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.
58GF Score

Get the complete analysis for HAM:NBG6

Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€122.00
Price
€66.39
GF Value