Hannover Rueck SEHVRRF 76 3-Year ROIIC % is 22.61 as of Dec. 2025, which is 6550% above its 10-year median of 0.34. GuruFocus rates HVRRF with a GF Score™ of 76/100 and a GF Value™ of $351.78 (Modestly Undervalued). Among 333 Insurance companies, Hannover Rueck SE ranks better than 78.98% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Hannover Rueck SE's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 22.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hannover Rueck SE's 3-Year ROIIC % or its related term are showing as below:
HVRRF's 3-Year ROIIC % is ranked better than 78.98% of 333
companies
in the Insurance industry
Industry Median: 5.12
vs HVRRF: 22.61
Hannover Rueck SE (OTCPK:HVRRF) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Hannover Rueck SE 3-Year ROIIC % Related Terms
Hannover Rueck SE 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Hannover Rueck SE's 3-Year ROIIC % 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.
For the Insurance - Reinsurance subindustry, Hannover Rueck SE's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Hannover Rueck SE's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hannover Rueck SE's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Hannover Rueck SE (HVRRF) has a 3-Year ROIIC % of 22.61 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Hannover Rueck SE and its competitors. This is 6550% above median its historical median of 0.34. According to the industry distribution chart, Hannover Rueck SE ranks #70 out of 333 companies in the Insurance industry, placing it in the top 21%.
Is Hannover Rueck SE's 3-Year ROIIC % too high?
Hannover Rueck SE's current 3-Year ROIIC % of 22.61 is 6550% above median its 10-year median of 0.34. The Insurance industry median 3-Year ROIIC % is 5.12. Hannover Rueck SE's value of 22.61 is 341.6% above this industry median. Based on the distribution chart, Hannover Rueck SE ranks #70 out of 333 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Hannover Rueck SE has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hannover Rueck SE's 3-Year ROIIC % compare to RGA and EG?
According to the Insurance industry distribution chart, Hannover Rueck SE ranks #70 out of 333 companies for 3-Year ROIIC %. This places Hannover Rueck SE in the top 21% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.12. Hannover Rueck SE's value of 22.61 is 341.6% above this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 5.12, Hannover Rueck SE 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 3-Year ROIIC % for an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.12, based on 333 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hannover Rueck SE's current 3-Year ROIIC % of 22.61 is 341.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Hannover Rueck SE and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hannover Rueck SE's current 3-Year ROIIC % is 22.61, which is 6550% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannover Rueck SE stock overvalued right now?
Based on GuruFocus' analysis, Hannover Rueck SE (HVRRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $351.78, compared to a current price of $274.90 — trading 21.9% below its estimated fair value. The current 3-Year ROIIC % is 22.61, which is 6550% above median its 10-year median of 0.34 and 341.6% above the Insurance industry median of 5.12. Hannover Rueck SE's overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Hannover Rueck SE (HVRRF), the current 3-Year ROIIC % is 22.61 as of Dec. 2025. 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 Hannover Rueck SE (HVRRF) Overvalued in 2026?
Based on GuruFocus' analysis, Hannover Rueck SE stock appears to be undervalued.
The current stock price of $274.90 is trading 21.9% below its estimated GF Value™ of $351.78.
GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.
Key valuation signals for HVRRF:
3-Year ROIIC %: 22.61 (6550% above median its 10-year median of 0.34)
GF Value™: $351.78 vs. price of $274.90 (21.9% below fair value)
Industry Position: 341.6% above the Insurance median (#70 of 333)
No single metric tells the full story. See the HVRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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