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HVRRY (Hannover Rueck SE) Enterprise Value : $36,833 Mil (As of Dec. 15, 2024)


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What is Hannover Rueck SE Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hannover Rueck SE's Enterprise Value is $36,833 Mil. Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $2,861 Mil. Therefore, Hannover Rueck SE's EV-to-EBIT ratio for today is 12.87.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hannover Rueck SE's Enterprise Value is $36,833 Mil. Hannover Rueck SE's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was $2,861 Mil. Therefore, Hannover Rueck SE's EV-to-EBITDA ratio for today is 12.87.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hannover Rueck SE's Enterprise Value is $36,833 Mil. Hannover Rueck SE's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $2,171 Mil. Therefore, Hannover Rueck SE's EV-to-Revenue ratio for today is 16.96.


Hannover Rueck SE Enterprise Value Historical Data

The historical data trend for Hannover Rueck SE's Enterprise Value 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.

* Premium members only.

Hannover Rueck SE Enterprise Value Chart

Hannover Rueck SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,129.13 22,821.24 26,888.84 29,284.13 33,974.10

Hannover Rueck SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value 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 26,325.02 33,974.10 32,673.36 30,287.90 33,635.60

Competitive Comparison of Hannover Rueck SE's Enterprise Value

For the Insurance - Reinsurance subindustry, Hannover Rueck SE's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hannover Rueck SE's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hannover Rueck SE's Enterprise Value falls into.



Hannover Rueck SE Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Hannover Rueck SE's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Hannover Rueck SE's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

* 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  (OTCPK:HVRRY) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=36832.990/2860.923
=12.87

Hannover Rueck SE's current Enterprise Value is $36,833 Mil.
Hannover Rueck SE's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,861 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Hannover Rueck SE's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=36832.990/2860.923
=12.87

Hannover Rueck SE's current Enterprise Value is $36,833 Mil.
Hannover Rueck SE's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,861 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Hannover Rueck SE's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=36832.990/2171.25
=16.96

Hannover Rueck SE's current Enterprise Value is $36,833 Mil.
Hannover Rueck SE's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,171 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 Enterprise Value Related Terms

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Hannover Rueck SE Business Description

Traded in Other Exchanges
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.