Munchener Ruckversicherungs-Gesellschaft AG (BUD:MUNICHRE) Goodwill: Ft1,808,361 Mil (As of Mar. 2026)

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BUD:MUNICHRE Munchener Ruckversicherungs-Gesellschaft AG BUD:MUNICHRE
78 GF Score
Price Ft179,100.00
GF Value Ft196,228.43
! 1 Warning Sign
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What is Munchener Ruckversicherungs-Gesellschaft AG Goodwill?

Munchener Ruckversicherungs-Gesellschaft AG BUD:MUNICHRE 78 Goodwill is Ft1,808,361 Mil as of Mar. 2026. GuruFocus rates BUD:MUNICHRE with a GF Score™ of 78/100 and a GF Value™ of Ft196,228.43. The stock has 1 warning sign investors should review.

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Munchener Ruckversicherungs-Gesellschaft AG's goodwill for the quarter that ended in Mar. 2026 was Ft1,808,361 Mil.


Munchener Ruckversicherungs-Gesellschaft AG  (BUD:MUNICHRE) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Munchener Ruckversicherungs-Gesellschaft AG's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill-to-Asset (A: Dec. 2025 )=Goodwill/Total Assets
=1782992.38/103983372.707
=0.02

Munchener Ruckversicherungs-Gesellschaft AG's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill-to-Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=1808360.514/103393773.371
=0.02

* 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.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Munchener Ruckversicherungs-Gesellschaft AG Goodwill Related Terms


Munchener Ruckversicherungs-Gesellschaft AG Goodwill Historical Data

* Premium members only.

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Goodwill 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.

Munchener Ruckversicherungs-Gesellschaft AG Goodwill Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,108,312.77 1,088,777.50 1,101,462.83 1,143,667.48 1,782,992.38

Munchener Ruckversicherungs-Gesellschaft AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill 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 1,149,208.46 1,163,886.66 1,751,806.58 1,782,992.38 1,808,360.51
BUD:MUNICHRE
78GF Score
Munchener Ruckversicherungs-Gesellschaft AG BUD:MUNICHRE
Goodwill is just one metric. See GF Score™, valuation, warning signs, and more.
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Munchener Ruckversicherungs-Gesellschaft AG Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of Ft1,808,361 Mil mean?
Munchener Ruckversicherungs-Gesellschaft AG (BUD:MUNICHRE) has a Goodwill of Ft1,808,361 Mil as of Mar. 2026. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors.
Is Munchener Ruckversicherungs-Gesellschaft AG's Goodwill too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Goodwill is Ft1,808,361 Mil. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's Goodwill compare to RGA and EG?
Munchener Ruckversicherungs-Gesellschaft AG's Goodwill of Ft1,808,361 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 Goodwill for an Insurance company?
A good Goodwill depends on the Insurance industry context. However, Goodwill 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 Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. Munchener Ruckversicherungs-Gesellschaft AG's current Goodwill is Ft1,808,361 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munchener Ruckversicherungs-Gesellschaft AG stock overvalued right now?
Munchener Ruckversicherungs-Gesellschaft AG (BUD:MUNICHRE) has a current Goodwill of Ft1,808,361 Mil. The stock's GF Value™ is Ft196,228.43, compared to a current price of Ft179,100.00 — trading 8.7% below its estimated fair value. The current Goodwill is Ft1,808,361 Mil. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Munchener Ruckversicherungs-Gesellschaft AG (BUD:MUNICHRE), the current Goodwill is Ft1,808,361 Mil as of Mar. 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 Munchener Ruckversicherungs-Gesellschaft AG (BUD:MUNICHRE) Overvalued in 2026?

Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued. The current stock price of Ft179,100.00 is trading 8.7% below its estimated GF Value™ of Ft196,228.43.

Key valuation signals for BUD:MUNICHRE:

  • Goodwill: Ft1,808,361 Mil
  • GF Value™: Ft196,228.43 vs. price of Ft179,100.00 (8.7% below fair value)
  • GF Score™: 78/100 with 1 warning sign

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


Munchener Ruckversicherungs-Gesellschaft AG Business Description

Address Koniginstrasse 107, Munich, BY, DEU, 80802
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focused on a few strong customers. Thieme focused on a broader set of cedents to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich Re introduced the first machinery insurance. After Thieme and Wilhelm von Fink founded Allianz, this was the main channel to sell machinery insurance. We believe the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
78GF Score

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

Ft179,100.00
Price
Ft196,228.43
GF Value