WallStSmart

American Financial Group Inc (AFG)vsW. R. Berkley Corp (WRB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W. R. Berkley Corp generates 85% more annual revenue ($14.71B vs $7.94B). WRB leads profitability with a 12.1% profit margin vs 10.6%. AFG appears more attractively valued with a PEG of 2.30. AFG earns a higher WallStSmart Score of 61/100 (C+).

AFG

Buy

61

out of 100

Grade: C+

Growth: 5.3Profit: 6.5Value: 10.0Quality: 4.8
Piotroski: 3/9

WRB

Buy

55

out of 100

Grade: C-

Growth: 4.0Profit: 7.0Value: 4.7Quality: 4.8
Piotroski: 2/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AFGUndervalued (+64.4%)

Margin of Safety

+64.4%

Fair Value

$362.07

Current Price

$126.85

$235.22 discount

UndervaluedFair: $362.07Overvalued
WRBSignificantly Overvalued (-136.4%)

Margin of Safety

-136.4%

Fair Value

$30.26

Current Price

$64.49

$34.23 premium

UndervaluedFair: $30.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AFG3 strengths · Avg: 8.0/10
P/E RatioValuation
12.7x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Operating MarginProfitability
21.3%8/10

Strong operational efficiency at 21.3%

WRB2 strengths · Avg: 8.0/10
P/E RatioValuation
14.5x8/10

Attractively priced relative to earnings

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

AFG3 concerns · Avg: 3.0/10
PEG RatioValuation
2.304/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-3.4%2/10

Revenue declined 3.4%

WRB4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
1.5%4/10

1.5% revenue growth

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
10.112/10

Expensive relative to growth rate

EPS GrowthGrowth
-21.8%2/10

Earnings declined 21.8%

Comparative Analysis Report

WallStSmart Research

Bull Case : AFG

The strongest argument for AFG centers on P/E Ratio, Price/Book, Operating Margin.

Bull Case : WRB

The strongest argument for WRB centers on P/E Ratio, Price/Book.

Bear Case : AFG

The primary concerns for AFG are PEG Ratio, Piotroski F-Score, Revenue Growth.

Bear Case : WRB

The primary concerns for WRB are Revenue Growth, Piotroski F-Score, PEG Ratio.

Key Dynamics to Monitor

AFG profiles as a declining stock while WRB is a value play — different risk/reward profiles.

AFG carries more volatility with a beta of 0.67 — expect wider price swings.

WRB is growing revenue faster at 1.5% — sustainability is the question.

WRB generates stronger free cash flow (896M), providing more financial flexibility.

Bottom Line

AFG scores higher overall (61/100 vs 55/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

American Financial Group Inc

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

American Financial Group, Inc., an insurance holding company, offers property and casualty insurance products in the United States. The company is headquartered in Cincinnati, Ohio.

W. R. Berkley Corp

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

W. R. Berkley Corporation is a commercial lines property & casualty insurance holding company organized in Delaware and based in Greenwich, Connecticut.

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