diff --git a/spring-boot-project/spring-boot-autoconfigure/src/main/java/org/springframework/boot/autoconfigure/mustache/MustacheEnvironmentCollector.java b/spring-boot-project/spring-boot-autoconfigure/src/main/java/org/springframework/boot/autoconfigure/mustache/MustacheEnvironmentCollector.java
index 0a58f4341d..c9d0cebfbd 100644
--- a/spring-boot-project/spring-boot-autoconfigure/src/main/java/org/springframework/boot/autoconfigure/mustache/MustacheEnvironmentCollector.java
+++ b/spring-boot-project/spring-boot-autoconfigure/src/main/java/org/springframework/boot/autoconfigure/mustache/MustacheEnvironmentCollector.java
@@ -19,6 +19,7 @@ package org.springframework.boot.autoconfigure.mustache;
 import com.samskivert.mustache.DefaultCollector;
 import com.samskivert.mustache.Mustache.Collector;
 import com.samskivert.mustache.Mustache.VariableFetcher;
+import com.samskivert.mustache.Template;
 
 import org.springframework.context.EnvironmentAware;
 import org.springframework.core.env.ConfigurableEnvironment;
@@ -35,8 +36,6 @@ public class MustacheEnvironmentCollector extends DefaultCollector implements En
 
 	private ConfigurableEnvironment environment;
 
-	private final VariableFetcher propertyFetcher = new PropertyVariableFetcher();
-
 	@Override
 	public void setEnvironment(Environment environment) {
 		this.environment = (ConfigurableEnvironment) environment;
@@ -44,20 +43,49 @@ public class MustacheEnvironmentCollector extends DefaultCollector implements En
 
 	@Override
 	public VariableFetcher createFetcher(Object ctx, String name) {
-		VariableFetcher fetcher = super.createFetcher(ctx, name);
-		if (fetcher != null) {
-			return fetcher;
+		VariableFetcher nativeFetcher = super.createFetcher(ctx, name);
+		if (nativeFetcher != null) {
+			return new PropertyVariableFetcher(nativeFetcher);
 		}
 		if (this.environment.containsProperty(name)) {
-			return this.propertyFetcher;
+			return new PropertyVariableFetcher();
 		}
 		return null;
 	}
 
+	/**
+	 * {@link VariableFetcher} that also checks the {@link Environment}.
+	 */
 	private class PropertyVariableFetcher implements VariableFetcher {
 
+		private final VariableFetcher nativeFetcher;
+
+		PropertyVariableFetcher() {
+			this.nativeFetcher = null;
+		}
+
+		PropertyVariableFetcher(VariableFetcher delegate) {
+			this.nativeFetcher = delegate;
+		}
+
 		@Override
 		public Object get(Object ctx, String name) {
+			Object result = getFromNativeFetcher(ctx, name);
+			result = (result != null) ? result : getFromEnvironment(name);
+			return (result != null) ? result : Template.NO_FETCHER_FOUND;
+		}
+
+		private Object getFromNativeFetcher(Object ctx, String name) {
+			try {
+				Object result = (this.nativeFetcher != null) ? this.nativeFetcher.get(ctx, name) : null;
+				return (result != Template.NO_FETCHER_FOUND) ? result : null;
+			}
+			catch (Exception ex) {
+				return null;
+			}
+		}
+
+		private Object getFromEnvironment(String name) {
 			return MustacheEnvironmentCollector.this.environment.getProperty(name);
 		}
 
diff --git a/spring-boot-project/spring-boot-autoconfigure/src/test/java/org/springframework/boot/autoconfigure/mustache/MustacheStandaloneIntegrationTests.java b/spring-boot-project/spring-boot-autoconfigure/src/test/java/org/springframework/boot/autoconfigure/mustache/MustacheStandaloneIntegrationTests.java
index 85bf79322e..7c1efa729c 100644
--- a/spring-boot-project/spring-boot-autoconfigure/src/test/java/org/springframework/boot/autoconfigure/mustache/MustacheStandaloneIntegrationTests.java
+++ b/spring-boot-project/spring-boot-autoconfigure/src/test/java/org/springframework/boot/autoconfigure/mustache/MustacheStandaloneIntegrationTests.java
@@ -37,7 +37,7 @@ import static org.assertj.core.api.Assertions.assertThat;
  * @author Dave Syer
  */
 @DirtiesContext
-@SpringBootTest(webEnvironment = WebEnvironment.NONE, properties = { "env.FOO=There", "foo=World" })
+@SpringBootTest(webEnvironment = WebEnvironment.NONE, properties = { "env.FOO=There", "foo=World", "bar.name=Bar" })
 class MustacheStandaloneIntegrationTests {
 
 	@Autowired
@@ -60,15 +60,53 @@ class MustacheStandaloneIntegrationTests {
 				.isEqualTo("Hello: There");
 	}
 
+	@Test
+	void environmentCollectorCompoundKeyStandardMap() {
+		assertThat(this.compiler.standardsMode(true).compile("Hello: {{env.foo}}")
+				.execute(Collections.singletonMap("world", "World"))).isEqualTo("Hello: There");
+	}
+
+	@Test
+	void environmentCollectorCompoundKeyWithBean() {
+		assertThat(this.compiler.compile("Hello: {{foo.name}}").execute(Collections.singletonMap("foo", new Foo())))
+				.isEqualTo("Hello: Foo");
+	}
+
+	@Test
+	void environmentCollectorCompoundKeyWithBeanPrefersEnvironment() {
+		assertThat(this.compiler.compile("Hello: {{bar.name}}").execute(Collections.singletonMap("bar", new Foo())))
+				.isEqualTo("Hello: Bar");
+	}
+
 	@Test
 	void environmentCollectorSimpleKey() {
 		assertThat(this.compiler.compile("Hello: {{foo}}").execute(new Object())).isEqualTo("Hello: World");
 	}
 
+	@Test
+	void environmentCollectorSimpleKeyMap() {
+		assertThat(this.compiler.compile("Hello: {{foo}}").execute(Collections.singletonMap("world", "Foo")))
+				.isEqualTo("Hello: World");
+	}
+
 	@Configuration(proxyBeanMethods = false)
 	@Import({ MustacheAutoConfiguration.class, PropertyPlaceholderAutoConfiguration.class })
 	static class Application {
 
 	}
 
+	static class Foo {
+
+		private String name = "Foo";
+
+		String getName() {
+			return this.name;
+		}
+
+		void setName(String name) {
+			this.name = name;
+		}
+
+	}
+
 }