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XSWX:MUV2's Return-on-Tangible-Asset is ranked worse than 52.77% of 506
companies
in the Insurance industry
Industry Median: 2.745
vs XSWX:MUV2: 2.45
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Munchener Ruckversicherungs-Gesellschaft AG Return-on-Tangible-Asset Related Terms
Munchener Ruckversicherungs-Gesellschaft AG Return-on-Tangible-Asset Historical Data
* 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 Return-on-Tangible-Asset Chart
Munchener Ruckversicherungs-Gesellschaft AG Annual Data
XSWX:MUV2 vs RGA, EG, RNR: Return-on-Tangible-Asset Comparison
For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Insurance Industry
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.45% mean?
Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2) has a Return-on-Tangible-Asset of 2.45% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. This is 147% above median its historical median of 0.99. Over the past decade, Munchener Ruckversicherungs-Gesellschaft AG's Return-on-Tangible-Asset has ranged from 0.14 to 2.45. According to the industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #267 out of 506 companies in the Insurance industry, placing it in the top 52.8%.
Is Munchener Ruckversicherungs-Gesellschaft AG's Return-on-Tangible-Asset too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Return-on-Tangible-Asset of 2.45% is 147% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 2.45. The Insurance industry median Return-on-Tangible-Asset is 2.75. Munchener Ruckversicherungs-Gesellschaft AG's value of 2.45% is 10.7% below this industry median. Based on the distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #267 out of 506 companies in the Insurance industry, which is below the industry midpoint. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Munchener Ruckversicherungs-Gesellschaft AG's Return-on-Tangible-Asset compare to RGA and EG?
According to the Insurance industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #267 out of 506 companies for Return-on-Tangible-Asset. This places Munchener Ruckversicherungs-Gesellschaft AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.75. Munchener Ruckversicherungs-Gesellschaft AG's value of 2.45% is 10.7% below this benchmark. Historically, Munchener Ruckversicherungs-Gesellschaft AG's own Return-on-Tangible-Asset has ranged from 0.14 to 2.45 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 2.75, Munchener Ruckversicherungs-Gesellschaft AG 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 Return-on-Tangible-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.75, based on 506 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Munchener Ruckversicherungs-Gesellschaft AG's current Return-on-Tangible-Asset of 2.45% is 10.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munchener Ruckversicherungs-Gesellschaft AG's current Return-on-Tangible-Asset is 2.45%, which is 147% above median its own 10-year median of 0.99. 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 CHF538.33, compared to a current price of CHF478.50 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Asset is 2.45%, which is 147% above median its 10-year median of 0.99 and 10.7% below the Insurance industry median of 2.75. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Munchener Ruckversicherungs-Gesellschaft AG (XSWX:MUV2), the current Return-on-Tangible-Asset is 2.45% 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 CHF478.50 is trading 11.1% below its estimated GF Value™ of CHF538.33.
GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Modestly Undervalued.
Key valuation signals for XSWX:MUV2:
Return-on-Tangible-Asset: 2.45% (147% above median its 10-year median of 0.99)
GF Value™: CHF538.33 vs. price of CHF478.50 (11.1% below fair value)
Industry Position: 10.7% below the Insurance median (#267 of 506)
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
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.
79GF Score
Get the complete analysis for XSWX:MUV2
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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