WallStSmart

Markel Corporation (MKL)vsW. R. Berkley Corp (WRB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Markel Corporation generates 13% more annual revenue ($16.59B vs $14.71B). MKL leads profitability with a 12.7% profit margin vs 12.1%. MKL appears more attractively valued with a PEG of 1.93. MKL earns a higher WallStSmart Score of 71/100 (B).

MKL

Strong Buy

71

out of 100

Grade: B

Growth: 8.0Profit: 6.5Value: 10.0Quality: 4.8
Piotroski: 3/9

WRB

Buy

55

out of 100

Grade: C-

Growth: 6.0Profit: 7.0Value: 4.7Quality: 4.8
Piotroski: 2/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

MKLUndervalued (+73.4%)

Margin of Safety

+73.4%

Fair Value

$7890.01

Current Price

$1875.35

$6014.66 discount

UndervaluedFair: $7890.01Overvalued
WRBSignificantly Overvalued (-136.4%)

Margin of Safety

-136.4%

Fair Value

$30.26

Current Price

$65.74

$35.48 premium

UndervaluedFair: $30.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MKL3 strengths · Avg: 10.0/10
P/E RatioValuation
11.1x10/10

Attractively priced relative to earnings

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

EPS GrowthGrowth
95.4%10/10

Earnings expanding 95.4% YoY

WRB3 strengths · Avg: 8.7/10
Revenue GrowthGrowth
150.0%10/10

Revenue surging 150.0% year-over-year

P/E RatioValuation
14.8x8/10

Attractively priced relative to earnings

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Areas to Watch

MKL2 concerns · Avg: 3.5/10
PEG RatioValuation
1.934/10

Expensive relative to growth rate

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

WRB3 concerns · Avg: 2.3/10
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 : MKL

The strongest argument for MKL centers on P/E Ratio, Price/Book, EPS Growth.

Bull Case : WRB

The strongest argument for WRB centers on Revenue Growth, P/E Ratio, Price/Book. Revenue growth of 150.0% demonstrates continued momentum.

Bear Case : MKL

The primary concerns for MKL are PEG Ratio, Piotroski F-Score.

Bear Case : WRB

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

Key Dynamics to Monitor

MKL profiles as a value stock while WRB is a growth play — different risk/reward profiles.

MKL carries more volatility with a beta of 0.77 — expect wider price swings.

WRB is growing revenue faster at 150.0% — sustainability is the question.

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

Bottom Line

MKL scores higher overall (71/100 vs 55/100). Both earn "Strong 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.

Markel Corporation

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the United States, Bermuda, the United Kingdom, rest of Europe, Canada, Latin America, Asia Pacific and the Middle East. The company is headquartered in Glen Allen, Virginia.

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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