Projected Income Statement: Munich Re

Forecast Balance Sheet: Munich Re

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 -858 -296 293 -1,391 -882 687 687 -
Change - -134.5% -1.01% -574.74% -163.41% -22.11% 0% -
Announcement Date 28/02/20 25/02/21 23/02/22 23/02/23 27/02/24 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Munich Re

Fiscal Period: December 2020 2021 2023 2024 2025
CAPEX 1 - - - - -
Change - - - - -
Free Cash Flow (FCF) 1 1,130 1,556 2,395 2,063 3,532
Change - 37.7% - -13.86% 71.21%
Announcement Date 25/02/21 23/02/22 27/02/24 - -
1EUR in Million
Estimates

Forecast Financial Ratios: Munich Re

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) - - - - - - - -
EBIT Margin (%) 7.78% 3.62% 5.9% 5.34% 8.17% 10.89% 10.43% 10.49%
EBT Margin (%) 6.2% 2.7% 5.85% 5.96% 7.93% 10.84% 10.32% 10.41%
Net margin (%) 5.29% 2.21% 4.92% 5.09% 6.58% 8.12% 7.71% 7.79%
FCF / Net Income (%) - 2.06% 2.61% - 3.43% 2.83% 4.68% -

Profitability

        
ROA 0.98% 0.41% 0.96% 1.12% 1.69% 2% 1.93% 1.93%
ROE 9.2% 5.3% 12.6% 13.5% 15.7% 19.48% 18.17% 17.91%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - 0.19x - - 0.33x 0.19x -

Capital Intensity

        
CAPEX / Current Assets (%) - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - -
CAPEX / FCF (%) - - - - - - - -

Items per share

        
Cash flow per share 1 - - - - - - - -
Change - - - - - - - -
Dividend per Share 1 9.8 9.8 11 11.6 15 16.13 17.24 18.34
Change - 0% 12.24% 5.45% 29.31% 7.55% 106.88% 106.36%
Book Value Per Share 1 215.3 213.4 220 153 220.3 238.6 259.2 285.4
Change - -0.9% 3.13% -30.46% 43.95% 8.3% 108.66% 110.1%
EPS 1 18.97 8.63 20.93 24.63 33.88 44.84 45.29 48.93
Change - -54.51% 142.53% 17.68% 37.56% 32.35% 101% 108.04%
Nbr of stocks (in thousands) 141,470 140,099 140,099 138,838 134,600 132,972 132,972 132,972
Announcement Date 28/02/20 25/02/21 23/02/22 23/02/23 27/02/24 - - -
1EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
452.00EUR
Average target price
477.48EUR
Spread / Average Target
+5.64%
Consensus