Nuernberger Beteiligungs AG Class B

Nuernberger Beteiligungs AG Class B

122.50
EUR
-0.50
(-0.41%)
1.39BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
454.75
441.28
398.7
369.02
420.86
262.27
492
382.36
519.74
222.76
435.83
465.66
423.53
- -
Basic EPS, GAAP
6.22
9.43
4.1
5.04
8.08
5.1
5.85
6.72
5.47
6
3.62
-6.82
3.85
- -
Free Cash Flow per Basic Share
65.82
77.02
26.88
29.22
14.15
-17.59
18.18
-9.42
6.31
-42.15
-12.56
10.12
-1.34
- -
Dividend per Share
2.9
3
3.14
3.14
3.2
3.15
3.16
3.35
3.32
3.32
3.52
3.57
0.28
- -
Book Value per Share
70.33
75.66
60.25
62.36
67.68
70.23
73.41
77.37
79.54
82.36
82.48
72.16
75.7
75.7
Tangible Book Value per Share
63.02
68.47
58.09
60.15
65.36
66.99
69.69
72.09
72.34
73.97
73.86
63.78
67.35
67.35
Basic Weighted Avg Shares
12
12
12
12
12
12
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
5,239
5,084
4,593
4,251
4,848
3,021
5,668
4,405
5,987
2,566
5,021
5,364
4,879
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
6
3
1
- -
- -
1
1
- -
2
- -
- -
- -
- -
- -
Net Income, GAAP
72
109
47
58
93
59
67
77
63
69
42
-79
44
- -
Effective Tax Rate (%)
34.42
18.41
43.02
32.6
32.43
38.5
12.08
14.94
10.28
- -
34.85
246.37
70.78
- -
Profit Margin (%)
1.37
2.14
1.03
1.37
1.92
1.95
1.19
1.76
1.05
2.69
0.83
-1.46
0.91
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
181
119
46
32
34
29
29
24
24
19
15
115
110
110
Total Equity
824
886
706
730
801
831
862
907
933
964
967
848
891
891
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
8.14
11.98
6.33
10.93
14.6
10.35
13.59
9.87
8
- -
4.14
-8.23
4.27
- -
Return on Common Equity (%)
9.14
12.92
6.03
8.22
12.43
7.4
8.15
8.91
6.97
7.41
4.4
-8.82
5.21
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
115
114
110
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
548
576
1,388

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
658
759
670
Accounts Receivable, Net
372
393
407
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.52%
-0.13%
5.05%
Free Cash Flow
-192.17%
-259.87%
-113.29%
Net Income, GAAP
-41.73%
-98.63%
-156.53%
Sales/Revenue/Turnover
10.65%
14.45%
-9.05%
Total Cash Common Dividend
-7.9%
-17.14%
-92.25%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
5,021
2024
- -
- -
5,364
2025
- -
- -
4,879

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3.62
2024
- -
- -
-6.82
2025
- -
- -
3.85

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3.52
2024
- -
- -
3.57
2025
- -
- -
0.28

Company Description

CEO
Harald Rosenberger
Full Time Employees
5,722
Sector
Finance
Industry
Life/Health insurance
Address
Ostendstrasse 100 Nuremberg BV Germany 90334
IPO Date
Oct 18, 1989
Business
NÜRNBERGER Beteiligungs-AG serves as the parent holding company of the Nürnberger Insurance Group, a Germany-based provider of insurance and financial services focused on life, health, property/casualty, and banking segments. The company offers a broad portfolio of products including life insurance, occupational disability insurance, unit-linked pension plans, fund-linked pension products, comprehensive and supplementary health insurance, accident insurance, property and casualty coverage such as fire, theft, liability, and automobile policies, as well as banking services encompassing asset management, investment products, and financial planning; it primarily targets private individuals and families with an emphasis on prevention-oriented biometric and risk management solutions. Founded in 1884 and headquartered at Ostendstraße 100 in Nuremberg, Germany, the group operates mainly in Germany and Austria through subsidiaries like NÜRNBERGER Beamten Lebensversicherung AG and NÜRNBERGER AutoMobil Versicherungsdienst GmbH. In a major strategic development, Vienna Insurance Group AG (VIG) announced in August 2025 its intent to acquire a controlling majority stake in NÜRNBERGER through an exclusive due diligence process, followed by a voluntary public purchase offer of EUR 120 per share in October 2025, supported by irrevocable tender commitments from major shareholders representing about 64.4% of the share capital including Münchener Rückversicherungs-Gesellschaft and Versicherungskammer Bayern; this transaction, valued at approximately EUR 1.4 billion, aims to accelerate NÜRNBERGER's transformation into a prevention insurer while preserving its brand and operations under VIG's multi-brand strategy.