WallStSmart

Aspen Insurance Holdings Limited (AHL-P-D)vsW. R. Berkley Corp (WRB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W. R. Berkley Corp generates 361% more annual revenue ($14.85B vs $3.22B). WRB leads profitability with a 12.6% profit margin vs 10.6%. WRB earns a higher WallStSmart Score of 65/100 (C+).

AHL-P-D

Hold

45

out of 100

Grade: D+

Growth: 3.3Profit: 6.5Value: 5.0Quality: 5.0
Piotroski: 2/9Altman Z: 0.85

WRB

Buy

65

out of 100

Grade: C+

Growth: 6.0Profit: 7.0Value: 5.0Quality: 6.0
Piotroski: 4/9Altman Z: 1.39

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AHL-P-D3 strengths · Avg: 10.0/10
Price/BookValuation
0.6x10/10

Reasonable price relative to book value

Operating MarginProfitability
30.2%10/10

Strong operational efficiency at 30.2%

Debt/EquityHealth
0.1010/10

Conservative balance sheet, low leverage

WRB4 strengths · Avg: 8.3/10
Debt/EquityHealth
0.299/10

Conservative balance sheet, low leverage

P/E RatioValuation
13.5x8/10

Attractively priced relative to earnings

Price/BookValuation
2.4x8/10

Reasonable price relative to book value

EPS GrowthGrowth
26.0%8/10

Earnings expanding 26.0% YoY

Areas to Watch

AHL-P-D4 concerns · Avg: 2.5/10
Market CapQuality
$1.25B3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Revenue GrowthGrowth
-7.6%2/10

Revenue declined 7.6%

EPS GrowthGrowth
-48.2%2/10

Earnings declined 48.2%

WRB3 concerns · Avg: 2.7/10
Revenue GrowthGrowth
4.0%4/10

4.0% revenue growth

PEG RatioValuation
3.822/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.392/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : AHL-P-D

The strongest argument for AHL-P-D centers on Price/Book, Operating Margin, Debt/Equity.

Bull Case : WRB

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

Bear Case : AHL-P-D

The primary concerns for AHL-P-D are Market Cap, Piotroski F-Score, Revenue Growth.

Bear Case : WRB

The primary concerns for WRB are Revenue Growth, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

AHL-P-D profiles as a declining stock while WRB is a value play — different risk/reward profiles.

WRB carries more volatility with a beta of 0.33 — expect wider price swings.

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

WRB generates stronger free cash flow (640M), providing more financial flexibility.

Bottom Line

WRB scores higher overall (65/100 vs 45/100). Both earn "Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Aspen Insurance Holdings Limited

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

Aspen Insurance Holdings Limited 5.625% Perpetual Non-Cumulative Preference Shares (AHL-P-D) offer a compelling investment opportunity with a reliable fixed dividend yield, catering to income-focused institutional investors in today's fluctuating market landscape. Leveraging its extensive experience in insurance and reinsurance, Aspen adeptly manages risk, enhancing financial stability and growth prospects. The company's solid capital foundation ensures ample liquidity and positions it for strategic initiatives, reinforcing AHL-P-D as a favorable choice for investors seeking both stability and consistent returns.

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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