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Titel |
Bewertung |
| 21.08.25 07:00:00 |
Die Marktanalyse von Best: Die europäischen "Big Four" Reinsuranzunternehmen behalten ihren Risikofreudigkeit bei. |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Here’s a 400-word summary of the provided text, followed by a German translation:
**Summary (English):**
A recent AM Best report, released August 21, 2025, highlights the continued strong performance of Europe’s “Big Four” reinsurance giants – Swiss Re, Munich Re, Hannover Re, and SCOR. Despite experiencing a significant impact from the California wildfires in the first quarter of 2025 and early signs of rate softening, these reinsurers are maintaining their ambitious profit targets for 2025. This resilience is primarily due to the continued success of writing business within the “hard” reinsurance market, characterized by robust pricing and stringent underwriting terms.
The report, titled "The European ‘Big Four’ Reinsurers Maintain Their Risk Appetites," is a pre-Rendez-Vous de Septembre analysis, a key reinsurance event held annually in Monte Carlo. AM Best is providing a range of reports leading up to and during the event, including global reinsurance rankings and deep dives into specific segments like insurance-linked securities, Lloyd’s, life/annuity, health reinsurance, and regional markets.
Several factors are contributing to the Big Four’s success. The favorable interest rate environment has boosted profitability, and increased demand for longevity and mortality risk protection is driving growth in the life reinsurance segment. Furthermore, their disciplined approach to underwriting, fueled by strong pricing and adherence to strict terms and conditions, ensures continued performance improvements.
AM Best is preparing for the upcoming Rendez-Vous de Septembre with a series of resources, including a market briefing scheduled for September 7th, 2025, in Monte Carlo. AM Best’s expertise extends beyond just reporting; they are a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry, operating in over 100 countries. The report’s release emphasizes AM Best's commitment to providing crucial insights and analysis within the evolving reinsurance landscape.
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**German Translation:**
**Zusammenfassung (Deutsch):**
Eine aktuelle Bericht von AM Best, veröffentlicht am 21. August 2025, beleuchtet die anhaltend starke Performance der „Big Four“ europäischen Rückversicherungsunternehmen – Swiss Re, Munich Re, Hannover Re und SCOR. Trotz eines erheblichen Einflusses durch die Waldbrände in Kalifornien im ersten Quartal 2025 und der frühen Anzeichen einer Kursabschwächung halten diese Rückversicherungsriesen ihre ambitionierten Gewinnziele für 2025. Diese Widerstandsfähigkeit beruht hauptsächlich auf dem weiterhin erfolgreichen Schreiben von Geschäften innerhalb des „harten“ Rückversicherungsmarktes, der durch starke Preise und strenge Richtlinien für die Unterversicherung gekennzeichnet ist.
Der Bericht, mit dem Titel „Die europäischen „Big Four“ Rückversicherer halten ihre Risikofreude“, ist eine vor-Rendez-Vous de Septembre-Analyse, ein wichtiger Rückversicherungsereignis, das jährlich in Monte Carlo stattfindet. AM Best stellt eine Reihe von Berichten vor und während der Veranstaltung bereit, darunter globale Rückversicherungsrankings und tiefgehende Einblicke in bestimmte Segmente wie Insurance-Linked Securities, Lloyd’s, Life/Annuitäten, Gesundheitsrückversicherung und regionale Märkte.
Mehrere Faktoren tragen zum Erfolg der Big Four bei. Die günstige Zinsumgebung hat die Rentabilität gesteigert, und die erhöhte Nachfrage nach Alters- und Sterbereisiko-Schutz treibt das Wachstum im Lebensrückversicherungssegment voran. Darüber hinaus sorgt ihr disziplinierter Ansatz für die Unterversicherung, gestützt auf starke Preise und die Einhaltung strenger Bedingungen, für anhaltende Leistungsverbesserungen. |
| 12.08.25 06:24:00 |
Hannover Re Sticks to Guidance Nach Profit Rises |
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Der Rückversicherer bestätigte seine Jahresprognose, nachdem der Nettogewinn im zweiten Quartal aufgrund eines moderaten Schadensniveaus gestiegen war. |
| 14.04.25 12:56:26 |
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| 10.04.25 12:28:35 |
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| 21.03.25 06:07:15 |
Hannover Rück's (ETR:HNR1) Shareholders Will Receive A Bigger Dividend Than Last Year |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Hannover Rück SE (ETR:HNR1) will increase its dividend from last year's comparable payment on the 12th of May to €9.00. This takes the annual payment to 3.3% of the current stock price, which is about average for the industry.
Hannover Rück's Future Dividend Projections Appear Well Covered By Earnings
We aren't too impressed by dividend yields unless they can be sustained over time. However, Hannover Rück's earnings easily cover the dividend. This means that most of what the business earns is being used to help it grow.
Looking forward, earnings per share is forecast to rise by 21.7% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 41% by next year, which is in a pretty sustainable range.XTRA:HNR1 Historic Dividend March 21st 2025
See our latest analysis for Hannover Rück
Hannover Rück Has A Solid Track Record
The company has an extended history of paying stable dividends. The dividend has gone from an annual total of €3.00 in 2015 to the most recent total annual payment of €9.00. This works out to be a compound annual growth rate (CAGR) of approximately 12% a year over that time. So, dividends have been growing pretty quickly, and even more impressively, they haven't experienced any notable falls during this period.
The Dividend Looks Likely To Grow
Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. Hannover Rück has impressed us by growing EPS at 13% per year over the past five years. Growth in EPS bodes well for the dividend, as does the low payout ratio that the company is currently reporting.
We Really Like Hannover Rück's Dividend
Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. Earnings are easily covering distributions, and the company is generating plenty of cash. Taking this all into consideration, this looks like it could be a good dividend opportunity.
Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Companies that are growing earnings tend to be the best dividend stocks over the long term. See what the 12 analysts we track are forecasting for Hannover Rück for free with public analyst estimates for the company. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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| 16.03.25 07:24:27 |
Hannover Rück SE (ETR:HNR1) Just Released Its Yearly Earnings: Here's What Analysts Think |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Investors in Hannover Rück SE (ETR:HNR1) had a good week, as its shares rose 2.6% to close at €274 following the release of its full-year results. Results were roughly in line with estimates, with revenues of €26b and statutory earnings per share of €19.31. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
Check out our latest analysis for Hannover Rück XTRA:HNR1 Earnings and Revenue Growth March 16th 2025
Taking into account the latest results, the current consensus from Hannover Rück's twelve analysts is for revenues of €28.0b in 2025. This would reflect a satisfactory 5.9% increase on its revenue over the past 12 months. Per-share earnings are expected to increase 8.0% to €20.85. Before this earnings report, the analysts had been forecasting revenues of €27.6b and earnings per share (EPS) of €20.78 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
The analysts reconfirmed their price target of €274, showing that the business is executing well and in line with expectations. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Hannover Rück, with the most bullish analyst valuing it at €320 and the most bearish at €185 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Hannover Rück's past performance and to peers in the same industry. The analysts are definitely expecting Hannover Rück's growth to accelerate, with the forecast 5.9% annualised growth to the end of 2025 ranking favourably alongside historical growth of 3.4% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 7.1% annually. It seems obvious that, while the future growth outlook is brighter than the recent past, Hannover Rück is expected to grow slower than the wider industry.
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The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at €274, with the latest estimates not enough to have an impact on their price targets.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Hannover Rück analysts - going out to 2027, and you can see them free on our platform here.
You can also see whether Hannover Rück is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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| 15.03.25 07:03:25 |
Hannover Rück Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Hannover Rück (ETR:HNR1) Full Year 2024 Results
Key Financial Results
Revenue: €26.5b (up 2.9% from FY 2023). Net income: €2.33b (up 28% from FY 2023). Profit margin: 8.8% (up from 7.1% in FY 2023). EPS: €19.31 (up from €15.13 in FY 2023).XTRA:HNR1 Revenue and Expenses Breakdown March 15th 2025
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hannover Rück Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 1.7%.
The primary driver behind last 12 months revenue was the Property & Casualty Reinsurance segment contributing a total revenue of €20.3b (77% of total revenue). Notably, cost of sales worth €23.4b amounted to 88% of total revenue thereby underscoring the impact on earnings.Explore how HNR1's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Insurance industry in Europe.
Performance of the market in Germany.
The company's shares are up 2.6% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Hannover Rück's balance sheet.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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| 14.03.25 07:05:25 |
Hannover Rueck SE (HVRRF) Q4 2024 Earnings Call Highlights: Surpassing Targets and Boosting ... |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Group Net Income: Slightly above EUR2.3 billion, exceeding the initial target of EUR2.1 billion. Total Dividend: EUR9 per share, including a EUR7 ordinary dividend and a EUR2 special dividend, a 25% increase from the previous year. P&C Reinsurance Revenue Growth: 11% currency-adjusted growth rate. Combined Ratio: 86.6%, within the target range below 89%. Large Loss Impact: EUR200 million below budget. Life & Health Reinsurance Revenue: Stable year-on-year. Reinsurance Service Result: EUR883 million, exceeding the target of more than EUR850 million. Return on Investments: 3.2%, driven by higher interest rates and strong operating cash flow. Operating Cash Flow: EUR5.7 billion. Group Cost Ratio: 3.2%. Return on Equity: 21.2%. Solvency Ratio: Approximately 261%. Shareholders' Equity Increase: Up by 16.5%. CSM Increase: About 6%. Risk Adjustment Increase: 7.4%. EBIT for P&C: More than doubled to EUR2.4 billion. Life & Health EBIT: EUR934 million, an increase of 7%. New Business Generation: EUR624 million. Investment Result: Strong ordinary income with a return on investment of 3.2%.
Warning! GuruFocus has detected 3 Warning Sign with HVRRF. High Yield Dividend Stocks in Gurus' Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years How to calculate the intrinsic value of a stock?
Release Date: March 13, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
Hannover Rueck SE (HVRRF) reported a group net income slightly above EUR2.3 billion, surpassing the initial target of EUR2.1 billion. The company proposed an increase in the ordinary dividend to EUR7 per share, complemented by a special dividend of EUR2, totaling EUR9, a 25% increase from the previous year. The P&C reinsurance segment saw a currency-adjusted growth rate of 11% in reinsurance revenue, with a combined ratio of 86.6%, indicating strong profitability. The return on investments was 3.2%, driven by higher interest rates and strong operating cash flow, exceeding the target of 2.8%. Hannover Rueck SE (HVRRF) maintained a strong solvency ratio of about 261%, reflecting healthy capitalization and providing flexibility for future growth opportunities.
Negative Points
The Life & Health reinsurance revenue remained stable, with growth in morbidity and longevity offset by the runoff of the US mortality business. The company faced regulatory challenges in China affecting the Financial Solutions business, impacting new business generation. The impact of large losses was EUR1.63 billion for the full year, with Hurricane Milton alone causing a net impact of EUR230 million. The currency result was negatively impacted by the strengthening of the US dollar, resulting in a minus EUR143 million effect. The reserve strengthening for the Russia-Ukraine loss complex and other older underwriting years added pressure on the financial results.
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Q & A Highlights
Q: Can you provide an update on the German motor insurance market and your outlook on pricing? A: Sven Althoff, Member of the Executive Board, explained that both insurers and reinsurers have increased rates due to inflation, particularly in physical damage. The additional rate increases during the 2025 renewals are expected to bring the business back into profitable territory, meeting hurdle rates.
Q: How do you view the reserve resilience and its development moving forward? A: Clemens Jungsthofel, CFO, stated that the reserve resilience, including the risk adjustment, is strong, with a level of around 7% relative to reserves. The company expects this to grow nominally and in relative terms, maintaining a stable level. The risk adjustment is seen as part of the hard capital by rating agencies.
Q: What are the main drivers behind the increase in SCR from P&C underwriting risk? A: Clemens Jungsthofel, CFO, noted that the increase is due to growth in nat-cat capacity and reserve risk, driven by business growth and loss development. The reduction in retrocession also contributed. The market risk increase was due to higher volumes in real estate, private equity, and fixed income.
Q: Can you explain the rationale behind the dividend payout ratio and potential for future increases? A: Jean-Jacques Henchoz, CEO, explained that the payout ratio reflects a balance between a favorable earnings outlook and growth opportunities. The 47% payout ratio aligns with historical levels, and the company prioritizes reinvesting in well-priced growth opportunities.
Q: What is your outlook for Life & Health growth, given the challenges in China and longevity competition? A: Clemens Jungsthofel, CFO, acknowledged the regulatory changes in China affecting financial solutions but emphasized ongoing work to adapt. The company remains cautious in longevity due to competition but sees potential for growth in other areas, maintaining a positive long-term outlook.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This article first appeared on GuruFocus.
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| 04.03.25 08:08:57 |
Hannover Rück SE's (ETR:HNR1) Stock Is Going Strong: Is the Market Following Fundamentals? |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Hannover Rück (ETR:HNR1) has had a great run on the share market with its stock up by a significant 6.5% over the last week. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study Hannover Rück's ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
View our latest analysis for Hannover Rück
How Is ROE Calculated?
ROE can be calculated by using the formula:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
So, based on the above formula, the ROE for Hannover Rück is:
19% = €2.3b ÷ €12b (Based on the trailing twelve months to September 2024).
The 'return' is the income the business earned over the last year. So, this means that for every €1 of its shareholder's investments, the company generates a profit of €0.19.
What Is The Relationship Between ROE And Earnings Growth?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
Hannover Rück's Earnings Growth And 19% ROE
To begin with, Hannover Rück seems to have a respectable ROE. Especially when compared to the industry average of 10% the company's ROE looks pretty impressive. This probably laid the ground for Hannover Rück's moderate 11% net income growth seen over the past five years.
We then compared Hannover Rück's net income growth with the industry and found that the company's growth figure is lower than the average industry growth rate of 14% in the same 5-year period, which is a bit concerning.XTRA:HNR1 Past Earnings Growth March 4th 2025
Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Hannover Rück's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
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Is Hannover Rück Making Efficient Use Of Its Profits?
With a three-year median payout ratio of 40% (implying that the company retains 60% of its profits), it seems that Hannover Rück is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.
Moreover, Hannover Rück is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years. Looking at the current analyst consensus data, we can see that the company's future payout ratio is expected to rise to 49% over the next three years. Despite the higher expected payout ratio, the company's ROE is not expected to change by much.
Summary
Overall, we are quite pleased with Hannover Rück's performance. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a respectable growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the company's future earnings growth forecasts take a look at this freereport on analyst forecasts for the company to find out more.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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| 10.02.25 13:56:27 |
While individual investors own 27% of Hannover Rück SE (ETR:HNR1), private companies are its largest shareholders with 50% ownership |
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**Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!**
Key Insights
Significant control over Hannover Rück by private companies implies that the general public has more power to influence management and governance-related decisions HDI Haftpflichtverband der Deutschen Industrie V.a.G. owns 50% of the company 23% of Hannover Rück is held by Institutions
If you want to know who really controls Hannover Rück SE (ETR:HNR1), then you'll have to look at the makeup of its share registry. We can see that private companies own the lion's share in the company with 50% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).
And individual investors on the other hand have a 27% ownership in the company.
In the chart below, we zoom in on the different ownership groups of Hannover Rück.
Check out our latest analysis for Hannover Rück XTRA:HNR1 Ownership Breakdown February 10th 2025
What Does The Institutional Ownership Tell Us About Hannover Rück?
Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.
As you can see, institutional investors have a fair amount of stake in Hannover Rück. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Hannover Rück, (below). Of course, keep in mind that there are other factors to consider, too.XTRA:HNR1 Earnings and Revenue Growth February 10th 2025
Hedge funds don't have many shares in Hannover Rück. Looking at our data, we can see that the largest shareholder is HDI Haftpflichtverband der Deutschen Industrie V.a.G. with 50% of shares outstanding. With such a huge stake in the ownership, we infer that they have significant control of the future of the company. The second and third largest shareholders are Deutsche Asset & Wealth Management and FMR LLC, with an equal amount of shares to their name at 3.0%.
Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future.
Insider Ownership Of Hannover Rück
The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.
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I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.
Our data cannot confirm that board members are holding shares personally. It is unusual not to have at least some personal holdings by board members, so our data might be flawed. A good next step would be to check how much the CEO is paid.
General Public Ownership
The general public-- including retail investors -- own 27% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.
Private Company Ownership
We can see that Private Companies own 50%, of the shares on issue. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
Next Steps:
I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too.
I like to dive deeper into how a company has performed in the past. You can access this interactive graph of past earnings, revenue and cash flow, for free.
Ultimately the future is most important. You can access this freereport on analyst forecasts for the company.
NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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