WallStSmart

Erie Indemnity Company (ERIE)vsMarsh & McLennan Companies, Inc. (MRSH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Marsh & McLennan Companies, Inc. generates 563% more annual revenue ($26.98B vs $4.07B). MRSH leads profitability with a 15.4% profit margin vs 13.8%. MRSH appears more attractively valued with a PEG of 1.71. MRSH earns a higher WallStSmart Score of 64/100 (C+).

ERIE

Hold

49

out of 100

Grade: D+

Growth: 4.7Profit: 8.0Value: 4.7Quality: 6.3
Piotroski: 2/9Altman Z: 5.22

MRSH

Buy

64

out of 100

Grade: C+

Growth: 6.0Profit: 8.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ERIESignificantly Overvalued (-285.5%)

Margin of Safety

-285.5%

Fair Value

$72.76

Current Price

$240.53

$167.77 premium

UndervaluedFair: $72.76Overvalued
MRSHSignificantly Overvalued (-28.9%)

Margin of Safety

-28.9%

Fair Value

$134.21

Current Price

$173.10

$38.89 premium

UndervaluedFair: $134.21Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ERIE2 strengths · Avg: 9.5/10
Altman Z-ScoreHealth
5.2210/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
26.2%9/10

Every $100 of equity generates 26 in profit

MRSH4 strengths · Avg: 8.5/10
Market CapQuality
$85.18B9/10

Large-cap with strong market position

Return on EquityProfitability
29.3%9/10

Every $100 of equity generates 29 in profit

Operating MarginProfitability
25.4%8/10

Strong operational efficiency at 25.4%

Free Cash FlowQuality
$2.06B8/10

Generating 2.1B in free cash flow

Areas to Watch

ERIE4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
2.9%4/10

2.9% revenue growth

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
2.672/10

Expensive relative to growth rate

EPS GrowthGrowth
-58.4%2/10

Earnings declined 58.4%

MRSH1 concerns · Avg: 4.0/10
PEG RatioValuation
1.714/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : ERIE

The strongest argument for ERIE centers on Altman Z-Score, Return on Equity.

Bull Case : MRSH

The strongest argument for MRSH centers on Market Cap, Return on Equity, Operating Margin. Profitability is solid with margins at 15.4% and operating margin at 25.4%.

Bear Case : ERIE

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

Bear Case : MRSH

The primary concerns for MRSH are PEG Ratio.

Key Dynamics to Monitor

ERIE profiles as a value stock while MRSH is a mature play — different risk/reward profiles.

MRSH carries more volatility with a beta of 0.73 — expect wider price swings.

MRSH is growing revenue faster at 8.7% — sustainability is the question.

MRSH generates stronger free cash flow (2.1B), providing more financial flexibility.

Bottom Line

MRSH scores higher overall (64/100 vs 49/100), backed by strong 15.4% margins. 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.

Erie Indemnity Company

FINANCIAL SERVICES · INSURANCE BROKERS · USA

Erie Indemnity Company is an administrative agent for underwriters on the Erie Insurance Exchange in the United States. The company is headquartered in Erie, Pennsylvania.

Marsh & McLennan Companies, Inc.

FINANCIAL SERVICES · INSURANCE BROKERS · USA

Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people globally. The company is headquartered in New York, New York.

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