HVRRF (Hannover Rueck SE) EV-to-EBIT: 8.87 (As of Jul. 16, 2026) — 20% Below Median

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.

HVRRF Hannover Rueck SE HVRRF
76 GF Score
Price $274.90
GF Value $350.25
Valuation Modestly Undervalued
View Full Analysis

What is Hannover Rueck SE EV-to-EBIT?

Hannover Rueck SE HVRRF 76 EV-to-EBIT is 8.87 as of Jul. 16, 2026, which is 20% below its 10-year median of 11.04. GuruFocus rates HVRRF with a GF Score™ of 76/100 and a GF Value™ of $350.25 (Modestly Undervalued). Among 346 Insurance companies, Hannover Rueck SE ranks worse than 52.31% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hannover Rueck SE's Enterprise Value is $39,415 Mil. Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $4,443 Mil. Therefore, Hannover Rueck SE's EV-to-EBIT for today is 8.87.

The historical rank and industry rank for Hannover Rueck SE's EV-to-EBIT or its related term are showing as below:

HVRRF' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.84   Med: 11.04   Max: 18.68
Current: 8.96

During the past 13 years, the highest EV-to-EBIT of Hannover Rueck SE was 18.68. The lowest was 6.84. And the median was 11.04.

HVRRF's EV-to-EBIT is ranked worse than
52.31% of 346 companies
in the Insurance industry
Industry Median: 8.79 vs HVRRF: 8.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hannover Rueck SE's Enterprise Value for the quarter that ended in Mar. 2026 was $36,443 Mil. Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $4,443 Mil. Hannover Rueck SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.19%.


Hannover Rueck SE  (OTCPK:HVRRF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Hannover Rueck SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=4442.987/36442.88959
=12.19 %

Hannover Rueck SE's Enterprise Value for the quarter that ended in Mar. 2026 was $36,443 Mil.
Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,443 Mil.

* 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.


Hannover Rueck SE EV-to-EBIT Related Terms


Hannover Rueck SE EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Hannover Rueck SE's EV-to-EBIT 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.

Hannover Rueck SE EV-to-EBIT Chart

Hannover Rueck SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.29 18.00 15.31 9.93 10.21

Hannover Rueck SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 10.11 9.21 8.95 10.21 8.42

HVRRF vs RGA, EG, RNR: EV-to-EBIT Comparison

For the Insurance - Reinsurance subindustry, Hannover Rueck SE's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hannover Rueck SE EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Hannover Rueck SE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hannover Rueck SE's EV-to-EBIT falls into.


HVRRF
76GF Score
Hannover Rueck SE HVRRF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannover Rueck SE EV-to-EBIT Calculation

Hannover Rueck SE's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=39415.169/4442.987
=8.87

Hannover Rueck SE's current Enterprise Value is $39,415 Mil.
Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,443 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 8.87 mean?
Hannover Rueck SE (HVRRF) has a EV-to-EBIT of 8.87 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hannover Rueck SE and its competitors. This is 20% below median its historical median of 11.04. Over the past decade, Hannover Rueck SE's EV-to-EBIT has ranged from 6.84 to 18.68. According to the industry distribution chart, Hannover Rueck SE ranks #181 out of 346 companies in the Insurance industry, placing it in the top 52.3%.
Is Hannover Rueck SE's EV-to-EBIT too high?
Hannover Rueck SE's current EV-to-EBIT of 8.87 is 20% below median its 10-year median of 11.04. Over the past 10 years, this metric has ranged from a low of 6.84 to a high of 18.68. The Insurance industry median EV-to-EBIT is 8.79. Hannover Rueck SE's value of 8.87 is 0.9% above this industry median. Based on the distribution chart, Hannover Rueck SE ranks #181 out of 346 companies in the Insurance industry, which is below the industry midpoint. Overall, Hannover Rueck SE has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hannover Rueck SE's EV-to-EBIT compare to RGA and EG?
According to the Insurance industry distribution chart, Hannover Rueck SE ranks #181 out of 346 companies for EV-to-EBIT. This places Hannover Rueck SE in the lower half of its industry. The industry median EV-to-EBIT is 8.79. Hannover Rueck SE's value of 8.87 is 0.9% above this benchmark. Historically, Hannover Rueck SE's own EV-to-EBIT has ranged from 6.84 to 18.68 over the past decade. While the company's 10-year median is 11.04 vs. the industry median of 8.79, Hannover Rueck SE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Insurance company?
The median EV-to-EBIT among Insurance companies is 8.79, based on 346 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hannover Rueck SE's current EV-to-EBIT of 8.87 is 0.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hannover Rueck SE and its competitors. For the Insurance industry, the median EV-to-EBIT is 8.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannover Rueck SE's current EV-to-EBIT is 8.87, which is 20% below median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannover Rueck SE stock overvalued right now?
Based on GuruFocus' analysis, Hannover Rueck SE (HVRRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $350.25, compared to a current price of $274.90 — trading 21.5% below its estimated fair value. The current EV-to-EBIT is 8.87, which is 20% below median its 10-year median of 11.04 and 0.9% above the Insurance industry median of 8.79. Hannover Rueck SE's overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Hannover Rueck SE (HVRRF), the current EV-to-EBIT is 8.87 as of Jul. 16, 2026. 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 Hannover Rueck SE (HVRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Hannover Rueck SE stock appears to be undervalued. The current stock price of $274.90 is trading 21.5% below its estimated GF Value™ of $350.25. GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.

Key valuation signals for HVRRF:

  • EV-to-EBIT: 8.87 (20% below median its 10-year median of 11.04)
  • GF Value™: $350.25 vs. price of $274.90 (21.5% below fair value)
  • GF Score™: 76/100
  • Industry Position: 0.9% above the Insurance median (#181 of 346)

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


Hannover Rueck SE Business Description

Address Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
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.
76GF Score

Get the complete analysis for HVRRF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$274.90
Price
$350.25
GF Value