WallStSmart

Arch Capital Group Ltd. (ACGL)vsStepstone Group Inc (STEP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Arch Capital Group Ltd. generates 858% more annual revenue ($19.23B vs $2.01B). ACGL leads profitability with a 24.4% profit margin vs -30.5%. ACGL earns a higher WallStSmart Score of 67/100 (B-).

ACGL

Strong Buy

67

out of 100

Grade: B-

Growth: 4.7Profit: 8.0Value: 7.0Quality: 6.0
Piotroski: 6/9Altman Z: 1.48

STEP

Avoid

25

out of 100

Grade: F

Growth: 3.7Profit: 2.0Value: 5.0Quality: 7.0
Piotroski: 4/9Altman Z: -0.05

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ACGL6 strengths · Avg: 9.0/10
P/E RatioValuation
7.7x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Profit MarginProfitability
24.4%9/10

Keeps 24 of every $100 in revenue as profit

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

Operating MarginProfitability
26.6%8/10

Strong operational efficiency at 26.6%

Free Cash FlowQuality
$1.31B8/10

Generating 1.3B in free cash flow

STEP1 strengths · Avg: 10.0/10
Debt/EquityHealth
-2.9110/10

Conservative balance sheet, low leverage

Areas to Watch

ACGL3 concerns · Avg: 2.0/10
Revenue GrowthGrowth
-10.5%2/10

Revenue declined 10.5%

EPS GrowthGrowth
-7.1%2/10

Earnings declined 7.1%

Altman Z-ScoreHealth
1.482/10

Distress zone — elevated risk

STEP4 concerns · Avg: 2.5/10
Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

Return on EquityProfitability
-55.9%2/10

ROE of -55.9% — below average capital efficiency

EPS GrowthGrowth
-38.5%2/10

Earnings declined 38.5%

Free Cash FlowQuality
$-458.06M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : ACGL

The strongest argument for ACGL centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 24.4% and operating margin at 26.6%. PEG of 1.06 suggests the stock is reasonably priced for its growth.

Bull Case : STEP

The strongest argument for STEP centers on Debt/Equity.

Bear Case : ACGL

The primary concerns for ACGL are Revenue Growth, EPS Growth, Altman Z-Score.

Bear Case : STEP

The primary concerns for STEP are Revenue Growth, Return on Equity, EPS Growth.

Key Dynamics to Monitor

ACGL profiles as a declining stock while STEP is a turnaround play — different risk/reward profiles.

STEP carries more volatility with a beta of 1.28 — expect wider price swings.

STEP is growing revenue faster at 4.0% — sustainability is the question.

ACGL generates stronger free cash flow (1.3B), providing more financial flexibility.

Bottom Line

ACGL scores higher overall (67/100 vs 25/100), backed by strong 24.4% margins. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Arch Capital Group Ltd.

FINANCIAL SERVICES · INSURANCE - DIVERSIFIED · USA

Arch Capital Group Ltd., offers insurance, reinsurance and mortgage products worldwide. The company is headquartered in Pembroke, Bermuda.

Stepstone Group Inc

FINANCIAL SERVICES · ASSET MANAGEMENT · USA

Stepstone Group Inc. (STEP) is a leading global investment firm that specializes in private markets, delivering tailored investment solutions to institutional investors. The firm employs a strategic focus across various asset classes, including private equity, real estate, infrastructure, and private debt, leveraging its extensive network and deep sector expertise to uncover high-quality opportunities. With a commitment to disciplined asset allocation and rigorous due diligence, Stepstone combines the skills of a seasoned team with advanced technology, positioning itself to navigate the complexities of private markets and strive for sustainable, long-term value creation for clients.

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