🚀 VC round data is live in beta, check it out!
- Public Comps
- Munchener
Munchener Valuation Multiples
Discover revenue and EBITDA valuation multiples for Munchener and similar public comparables like Cigna Group, Tokio Marine, AXA, Travelers and more.
Munchener Overview
About Munchener
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independently 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 insurance on machinery. 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.
Founded
1880
HQ

Employees
45.8K
Website
Financials (LTM)
EV
$86B
Munchener Financials
Munchener reported last 12-month revenue of $83B and EBITDA of $10B.
In the same LTM period, Munchener generated $10B in EBITDA and $7B in net income.
Revenue (LTM)
Munchener P&L
In the most recent fiscal year, Munchener reported revenue of $49B and net income of $7B.
Munchener expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $83B | XXX | $49B | XXX | XXX | XXX |
| EBITDA | $10B | XXX | — | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | — | XXX | XXX | XXX |
| EBIT Margin | 13% | XXX | — | XXX | XXX | XXX |
| Net Profit | $7B | XXX | $7B | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 14% | XXX | XXX | XXX |
| Net Debt | — | — | $238M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Munchener Stock Performance
Munchener has current market cap of $84B, and enterprise value of $86B.
Market Cap Evolution
Munchener's stock price is $12.98.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $86B | $84B | 0.0% | XXX | XXX | XXX | $1.02 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialMunchener Valuation Multiples
Munchener trades at 1.0x EV/Revenue multiple, and 8.3x EV/EBITDA.
EV / Revenue (LTM)
Munchener Financial Valuation Multiples
As of March 7, 2026, Munchener has market cap of $84B and EV of $86B.
Equity research analysts estimate Munchener's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Munchener has a P/E ratio of 11.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $84B | XXX | $84B | XXX | XXX | XXX |
| EV (current) | $86B | XXX | $86B | XXX | XXX | XXX |
| EV/Revenue | 1.0x | XXX | 1.8x | XXX | XXX | XXX |
| EV/EBITDA | 8.3x | XXX | — | XXX | XXX | XXX |
| EV/EBIT | 8.3x | XXX | — | XXX | XXX | XXX |
| P/E | 11.6x | XXX | 12.7x | XXX | XXX | XXX |
| EV/FCF | 11.5x | XXX | 26.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Munchener Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Munchener Margins & Growth Rates
Munchener's revenue in the last 12 month declined by (8%).
Munchener's revenue per employee in the last FY averaged $1.8M.
Munchener's rule of 40 is 4% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Munchener's rule of X is (9%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Munchener Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (8%) | XXX | 73% | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | — | XXX | XXX | XXX |
| EBITDA Growth | (3%) | XXX | — | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 4% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (9%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.8M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 21% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Munchener Public Comps
See public comps and valuation multiples for other Reinsurance and Insurance Carriers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Cigna Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Tokio Marine | XXX | XXX | XXX | XXX | XXX | XXX |
| AXA | XXX | XXX | XXX | XXX | XXX | XXX |
| Travelers | XXX | XXX | XXX | XXX | XXX | XXX |
| Elevance Health | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Munchener M&A Activity
Munchener acquired XXX companies to date.
Last acquisition by Munchener was on XXXXXXXX, XXXXX. Munchener acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Munchener
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialMunchener Investment Activity
Munchener invested in XXX companies to date.
Munchener made its latest investment on XXXXXXXX, XXXXX. Munchener invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Munchener
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Munchener
| When was Munchener founded? | Munchener was founded in 1880. |
| Where is Munchener headquartered? | Munchener is headquartered in Germany. |
| How many employees does Munchener have? | As of today, Munchener has over 45K employees. |
| Is Munchener publicly listed? | Yes, Munchener is a public company listed on OTC Pink Sheets. |
| What is the stock symbol of Munchener? | Munchener trades under MURGY ticker. |
| When did Munchener go public? | Munchener went public in 2008. |
| Who are competitors of Munchener? | Munchener main competitors are Cigna Group, Tokio Marine, AXA, Travelers. |
| What is the current market cap of Munchener? | Munchener's current market cap is $84B. |
| What is the current revenue of Munchener? | Munchener's last 12 months revenue is $83B. |
| What is the current revenue growth of Munchener? | Munchener revenue growth (NTM/LTM) is (8%). |
| What is the current EV/Revenue multiple of Munchener? | Current revenue multiple of Munchener is 1.0x. |
| Is Munchener profitable? | Yes, Munchener is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Munchener? | Munchener's last 12 months EBITDA is $10B. |
| What is Munchener's EBITDA margin? | Munchener's last 12 months EBITDA margin is 13%. |
| What is the current EV/EBITDA multiple of Munchener? | Current EBITDA multiple of Munchener is 8.3x. |
| What is the current FCF of Munchener? | Munchener's last 12 months FCF is $7B. |
| What is Munchener's FCF margin? | Munchener's last 12 months FCF margin is 9%. |
| What is the current EV/FCF multiple of Munchener? | Current FCF multiple of Munchener is 11.5x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.