LTS:0KFE's Return-on-Tangible-Equity is ranked better than 76.91% of 498
companies
in the Insurance industry
Industry Median: 13.53
vs LTS:0KFE: 24.49
Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Munchener Ruckversicherungs-Gesellschaft AG Return-on-Tangible-Equity Related Terms
Munchener Ruckversicherungs-Gesellschaft AG Return-on-Tangible-Equity 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-Equity Chart
Munchener Ruckversicherungs-Gesellschaft AG Annual Data
LTS:0KFE vs RGA, EG, RNR: Return-on-Tangible-Equity Comparison
For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 24.56% mean?
Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE) has a Return-on-Tangible-Equity of 24.56% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. This is 119% above median its historical median of 11.21. Over the past decade, Munchener Ruckversicherungs-Gesellschaft AG's Return-on-Tangible-Equity has ranged from 1.45 to 24.49. According to the industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #115 out of 498 companies in the Insurance industry, placing it in the top 23.1%.
Is Munchener Ruckversicherungs-Gesellschaft AG's Return-on-Tangible-Equity too high?
Munchener Ruckversicherungs-Gesellschaft AG's current Return-on-Tangible-Equity of 24.56% is 119% above median its 10-year median of 11.21. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 24.49. The Insurance industry median Return-on-Tangible-Equity is 13.53. Munchener Ruckversicherungs-Gesellschaft AG's value of 24.56% is 81.5% above this industry median. Based on the distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #115 out of 498 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Munchener Ruckversicherungs-Gesellschaft AG has a GF Score™ of 66/100 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-Equity compare to RGA and EG?
According to the Insurance industry distribution chart, Munchener Ruckversicherungs-Gesellschaft AG ranks #115 out of 498 companies for Return-on-Tangible-Equity. This places Munchener Ruckversicherungs-Gesellschaft AG in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.53. Munchener Ruckversicherungs-Gesellschaft AG's value of 24.56% is 81.5% above this benchmark. Historically, Munchener Ruckversicherungs-Gesellschaft AG's own Return-on-Tangible-Equity has ranged from 1.45 to 24.49 over the past decade. While the company's 10-year median is 11.21 vs. the industry median of 13.53, 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 Return-on-Tangible-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.53, based on 498 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 24.56% is 81.5% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Munchener Ruckversicherungs-Gesellschaft AG and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.53 — 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-Equity is 24.56%, which is 119% above median its own 10-year median of 11.21. 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 (LTS:0KFE) is currently considered Modestly Undervalued. The stock's GF Value™ is €565.50, compared to a current price of €504.80 — trading 10.7% below its estimated fair value. The current Return-on-Tangible-Equity is 24.56%, which is 119% above median its 10-year median of 11.21 and 81.5% above the Insurance industry median of 13.53. Munchener Ruckversicherungs-Gesellschaft AG's overall GF Score™ is 66/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Munchener Ruckversicherungs-Gesellschaft AG (LTS:0KFE), the current Return-on-Tangible-Equity is 24.56% 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 (LTS:0KFE) Overvalued in 2026?
Based on GuruFocus' analysis, Munchener Ruckversicherungs-Gesellschaft AG stock appears to be undervalued.
The current stock price of €504.80 is trading 10.7% below its estimated GF Value™ of €565.50.
GuruFocus considers Munchener Ruckversicherungs-Gesellschaft AG to be Modestly Undervalued.
Key valuation signals for LTS:0KFE:
Return-on-Tangible-Equity: 24.56% (119% above median its 10-year median of 11.21)
GF Value™: €565.50 vs. price of €504.80 (10.7% below fair value)
Industry Position: 81.5% above the Insurance median (#115 of 498)
No single metric tells the full story. See the LTS:0KFE 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.
66GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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