profit from every €100 of sales.
€0€100
NÜRNBERGER Beteiligungs-AG
€123.50+0.41% today
+2.5% since Dec 18, 25
1-year low €116.501-year high €129.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay €32.03 for every €1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What NÜRNBERGER Beteiligungs-AG sold, what it kept, and what it did with the cash.
Sales went from €2.57 billion in 2022 to €4.88 billion in 2025, with €44.4 million of profit last year.
SalesProfit
NÜRNBERGER Beteiligungs-AG vs. similar companies
NÜRNBERGER Beteiligungs-AG grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| NÜRNBERGER Beteiligungs-AG | 32.0× · Expensive | ||
 Allianz | 16.5× · Fair price | ||
 Zurich Insurance Group | 16.8× · Fair price | ||
 AXA SA | 9.8× · Cheap | ||
 Assicurazioni Generali | 16.1× · Fair price |
AI analysis
An AI analyst reads NÜRNBERGER Beteiligungs-AG's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,566 | 5,021 | 5,364 | 4,879 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 69 | 42 | -79 | 44 | |
| 6.00 | 3.62 | -6.82 | 3.85 | |
| – | – | – | – | |
| – | – | – | – | |
| 2.7% | 0.8% | -1.5% | 0.9% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 33,649 | 34,995 | 36,648 | 37,482 |
| Cash | 654 | 670 | 658 | 670 |
| Total debt | 19 | 15 | 115 | 110 |
| Total liabilities | 32,685 | 34,028 | 35,799 | 36,591 |
| 949 | 950 | 831 | 872 | |
| 12 | 12 | 12 | 12 | |
| – | – | – | – | |
| 7.3% | 4.4% | -9.4% | 5.1% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -448 | -117 | 138 | 1 | |
| 38 | 28 | 21 | 16 | |
| -486 | -145 | 117 | -15 | |
| Dividends paid | 38 | 41 | 41 | 3 |
| 0 | 0 | 0 | 0 | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 32.0×
- –
- –
- 1.6×
- 0.3×
- 3.1%
- 0.2%
Profitability
- 0.9%
- –
- –
- –
- –
Growth
- +23.9%
- −13.7%
- –
- +0.0%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 17%of 873
Top 22%of 883
Bottom 20%of 933
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
7.2% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about NÜRNBERGER Beteiligungs-AG
Is NÜRNBERGER Beteiligungs-AG a good stock to buy?
A business with weak numbers, but the price is high. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NÜRNBERGER Beteiligungs-AG AI analysis
What does NÜRNBERGER Beteiligungs-AG do?
NÜRNBERGER Beteiligungs-AG operates as an insurance company in Germany. It is in Insurance - Diversified, based in Nuremberg, Germany, with 3,700 employees.
Does NÜRNBERGER Beteiligungs-AG pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 7% of its yearly profit. In 2025 it paid out €3.19 million in dividends.
Is NÜRNBERGER Beteiligungs-AG stock halal?
No. NÜRNBERGER Beteiligungs-AG does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
Who are NÜRNBERGER Beteiligungs-AG's competitors?
The largest listed companies in the same industry are Allianz, Zurich Insurance Group, AXA SA and Assicurazioni Generali. The peers table on this page compares their profit, growth and price with NÜRNBERGER Beteiligungs-AG's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.