Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Net Margin %: 10.51% (As of Mar. 2026) — 125% Above Median


XSWX:MUV2 Munchener Ruckversicherungs-Gesellschaft AG XSWX:MUV2
84 GF Score
Price CHF438.60
GF Value CHF513.84
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Munchener Ruckversicherungs-Gesellschaft AG Net Margin %?

Munchener Ruckversicherungs-Gesellschaft AG XSWX:MUV2 +1.08% 84 Net Margin % is 10.51% as of Mar. 2026, which is 125% above its 10-year median of 4.67. GuruFocus rates XSWX:MUV2 with a GF Score™ of 84/100 and a GF Value™ of CHF513.84 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 503 Insurance companies, Munchener Ruckversicherungs-Gesellschaft AG ranks better than 57.06% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Munchener Ruckversicherungs-Gesellschaft AG's Net Income for the three months ended in Mar. 2026 was CHF1,555 Mil. Munchener Ruckversicherungs-Gesellschaft AG's Revenue for the three months ended in Mar. 2026 was CHF14,787 Mil. Therefore, Munchener Ruckversicherungs-Gesellschaft AG's net margin for the quarter that ended in Mar. 2026 was 10.51%.

The historical rank and industry rank for Munchener Ruckversicherungs-Gesellschaft AG's Net Margin % or its related term are showing as below:

XSWX:MUV2' s Net Margin % Range Over the Past 10 Years
Min: 0.67   Med: 4.67   Max: 13.38
Current: 10.85


XSWX:MUV2's Net Margin % is ranked better than
57.06% of 503 companies
in the Insurance industry
Industry Median: 9.29 vs XSWX:MUV2: 10.85

Munchener Ruckversicherungs-Gesellschaft AG  (XSWX:MUV2) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Munchener Ruckversicherungs-Gesellschaft AG Net Margin % Related Terms


Munchener Ruckversicherungs-Gesellschaft AG Net Margin % Historical Data

* Premium members only.

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG's Net Margin % 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 Net Margin % Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.55 13.38 11.61 8.85 9.82

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
Net Margin % 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 6.67 12.98 12.16 7.07 10.51

XSWX:MUV2 vs RGA, EG, RNR: Net Margin % Comparison

For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Munchener Ruckversicherungs-Gesellschaft AG Net Margin % vs Insurance Industry

For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Net Margin % distribution charts can be found below:

* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Net Margin % falls into.


XSWX:MUV2
84GF Score
Munchener Ruckversicherungs-Gesellschaft AG XSWX:MUV2
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Munchener Ruckversicherungs-Gesellschaft AG Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Munchener Ruckversicherungs-Gesellschaft AG's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=5708.939/58145.706
=9.82 %

Munchener Ruckversicherungs-Gesellschaft AG's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1554.576/14786.677
=10.51 %

* 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 Net Margin % →
What does a Net Margin % of 10.51% mean?
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) has a Net Margin % of 10.51% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. This is 125% above median its historical median of 4.67. Over the past decade, Munchener Ruckversicherungs-Gesellschaft AG's Net Margin % has ranged from 0.67 to 13.38. According to the industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #216 out of 503 companies in the Insurance industry, placing it in the top 42.9%.
Is Munchener Ruckversicherungs-Gesellschaft AG's Net Margin % too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Net Margin % of 10.51% is 125% above median its 10-year median of 4.67. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 13.38. The Insurance industry median Net Margin % is 9.29. Munchener Ruckversicherungs-Gesellschaft AG's value of 10.51% is 13.1% above this industry median. Based on the distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #216 out of 503 companies in the Insurance industry, which is above the industry midpoint. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's Net Margin % compare to RGA and EG?
According to the Insurance industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #216 out of 503 companies for Net Margin %. This puts Munchener Ruckversicherungs-Gesellschaft AG in the upper half of its industry. The industry median Net Margin % is 9.29. Munchener Ruckversicherungs-Gesellschaft AG's value of 10.51% is 13.1% above this benchmark. Historically, Munchener Ruckversicherungs-Gesellschaft AG's own Net Margin % has ranged from 0.67 to 13.38 over the past decade. While the company's 10-year median is 4.67 vs. the industry median of 9.29, Munchener Ruckversicherungs-Gesellschaft AG 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 Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Munchener Ruckversicherungs-Gesellschaft AG's current Net Margin % of 10.51% is 13.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munchener Ruckversicherungs-Gesellschaft AG's current Net Margin % is 10.51%, which is 125% above median its own 10-year median of 4.67. 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?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF513.84, compared to a current price of CHF438.60 — trading 14.6% below its estimated fair value. The current Net Margin % is 10.51%, which is 125% above median its 10-year median of 4.67 and 13.1% above the Insurance industry median of 9.29. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2), the current Net Margin % is 10.51% 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 (XSWX:MUV2) Overvalued in 2026?

Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued. The current stock price of CHF438.60 is trading 14.6% below its estimated GF Value™ of CHF513.84. GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Modestly Undervalued.

Key valuation signals for XSWX:MUV2:

  • Net Margin %: 10.51% (125% above median its 10-year median of 4.67)
  • GF Value™: CHF513.84 vs. price of CHF438.60 (14.6% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 13.1% above the Insurance median (#216 of 503)

No single metric tells the full story. See the XSWX:MUV2 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.
84GF Score

Get the complete analysis for XSWX:MUV2

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

CHF438.60
Price
CHF513.84
GF Value