HVRRF (Hannover Rueck SE) EV-to-OCF: 5.69 (As of Jul. 24, 2026) — Near 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 $350.23
Valuation Modestly Undervalued
View Full Analysis

What is Hannover Rueck SE EV-to-OCF?

Hannover Rueck SE HVRRF 76 EV-to-OCF is 5.69 as of Jul. 24, 2026, which is 2% below its 10-year median of 5.79. GuruFocus rates HVRRF with a GF Score™ of 76/100 and a GF Value™ of $350.23 (Modestly Undervalued). Among 504 Insurance companies, Hannover Rueck SE ranks better than 54.37% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hannover Rueck SE's Enterprise Value is $38,999 Mil. Hannover Rueck SE's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $6,849 Mil. Therefore, Hannover Rueck SE's EV-to-OCF for today is 5.69.

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

HVRRF' s EV-to-OCF Range Over the Past 10 Years
Min: 3.4   Med: 5.79   Max: 10.51
Current: 5.93

During the past 13 years, the highest EV-to-OCF of Hannover Rueck SE was 10.51. The lowest was 3.40. And the median was 5.79.

HVRRF's EV-to-OCF is ranked better than
54.37% of 504 companies
in the Insurance industry
Industry Median: 6.815 vs HVRRF: 5.93

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-24), Hannover Rueck SE's stock price is $274.90. Hannover Rueck SE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $27.686. Therefore, Hannover Rueck SE's PE Ratio (TTM) for today is 9.93.


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

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Hannover Rueck SE's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=274.90/27.686
=9.93

Hannover Rueck SE's share price for today is $274.90.
Hannover Rueck SE's Earnings per Share (Diluted) 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 $27.686.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Hannover Rueck SE EV-to-OCF Related Terms


Hannover Rueck SE EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Hannover Rueck SE's EV-to-OCF 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-OCF Chart

Hannover Rueck SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.55 5.32 5.88 6.36

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-OCF 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 5.77 6.07 5.76 6.36 5.47

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

For the Insurance - Reinsurance subindustry, Hannover Rueck SE's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Insurance Industry

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

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


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

Hannover Rueck SE EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=38999.288/6849.083
=5.69

Hannover Rueck SE's current Enterprise Value is $38,999 Mil.
Hannover Rueck SE's Cash Flow from Operations 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 $6,849 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-OCF →
What does a EV-to-OCF of 5.69 mean?
Hannover Rueck SE (HVRRF) has a EV-to-OCF of 5.69 as of Jul. 24, 2026. This is near median its historical median of 5.79. Over the past decade, Hannover Rueck SE's EV-to-OCF has ranged from 3.40 to 10.51. According to the industry distribution chart, Hannover Rueck SE ranks #230 out of 504 companies in the Insurance industry, placing it in the top 45.6%.
Is Hannover Rueck SE's EV-to-OCF too high?
Hannover Rueck SE's current EV-to-OCF of 5.69 is near median its 10-year median of 5.79. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 10.51. The Insurance industry median EV-to-OCF is 6.82. Hannover Rueck SE's value of 5.69 is 16.5% below this industry median. Based on the distribution chart, Hannover Rueck SE ranks #230 out of 504 companies in the Insurance industry, which is above 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-OCF compare to RGA and EG?
According to the Insurance industry distribution chart, Hannover Rueck SE ranks #230 out of 504 companies for EV-to-OCF. This puts Hannover Rueck SE in the upper half of its industry. The industry median EV-to-OCF is 6.82. Hannover Rueck SE's value of 5.69 is 16.5% below this benchmark. Historically, Hannover Rueck SE's own EV-to-OCF has ranged from 3.40 to 10.51 over the past decade. While the company's 10-year median is 5.79 vs. the industry median of 6.82, Hannover Rueck SE has consistently been below 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-OCF for an Insurance company?
The median EV-to-OCF among Insurance companies is 6.82, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hannover Rueck SE's current EV-to-OCF of 5.69 is 16.5% below 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median EV-to-OCF is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannover Rueck SE's current EV-to-OCF is 5.69, which is near median its own 10-year median of 5.79. 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 $350.23, compared to a current price of $274.90 — trading 21.5% below its estimated fair value. The current EV-to-OCF is 5.69, which is near median its 10-year median of 5.79 and 16.5% below the Insurance industry median of 6.82. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Hannover Rueck SE (HVRRF), the current EV-to-OCF is 5.69 as of Jul. 24, 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 $350.23. GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.

Key valuation signals for HVRRF:

  • EV-to-OCF: 5.69 (near median its 10-year median of 5.79)
  • GF Value™: $350.23 vs. price of $274.90 (21.5% below fair value)
  • GF Score™: 76/100
  • Industry Position: 16.5% below the Insurance median (#230 of 504)

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

$274.90
Price
$350.23
GF Value