-0.33%
5.72%
18.35%
11.36%
21.88%
48.05%
55.59%
AI Spotlight on MKL
Company Description
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, the Asia Pacific, and the Middle East.Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.This segment also offers credit and surety products, and collateral protection insurance products.
The company's Reinsurance segment offers transaction, healthcare, and environmental impairment liability; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs.Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and transportation equipment; and laminated oak and composite wood flooring, tube and tank trailers, as well as ornamental plants and residential homes, handbags, and architectural products.This segment also provides consulting, and other types of services to businesses and consumers, including distribution of exterior building products, crane rental, fire protection, and life safety services, management and technology consulting, and retail intelligence services.
The company's Other segment provides healthcare, leasing and investment services, as well as operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services.it also manages funds with third parties.Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.
Market Data
| Last Price | 1825.03 |
| Change Percentage | -0.33% |
| Open | 1818.82 |
| Previous Close | 1831.15 |
| Market Cap ( Millions) | 23474 |
| Volume | 1731 |
| Year High | 1842.48 |
| Year Low | 1399.05 |
| M A 50 | 1742.54 |
| M A 200 | 1611.65 |
Financial Ratios
| FCF Yield | 11.24% |
| Dividend Yield | 0.00% |
| ROE | 18.67% |
| Debt / Equity | 25.60% |
| Net Debt / EBIDTA | 11.24% |
| Price To Book | 1.39 |
| Price Earnings Ratio | 7.99 |
| Price To FCF | 8.9 |
| Price To sales | 1.35 |
| EV / EBITDA | 5.58 |
News
- Jan -30 - Markel Group Inc. announces conference call date and time
- Jan -28 - Markel: Why You Should Consider Buying This Stock In 2025
- Jan -16 - Markel appoints Casualty Claims Manager in Australia
- Jan -15 - Markel elevates Wanshi Lin to newly created Head of Singapore position
- Jan -08 - Markel appoints Grant Smith to lead its Transport and Logistics team in International Specialty
- Jan -07 - Markel grows Asia Pacific team with new role to lead broker engagement
- Nov -21 - Markel hires David Pressman as Senior Underwriter, Marine Cargo
- Nov -05 - RDSOLUTIONS UNVEILS REBRAND AND COMPREHENSIVE SERVICE SUITE TO OPTIMIZE RETAIL PERFORMANCE AND CUSTOMER ENGAGEMENT
- Oct -31 - Markel Group Inc. (MKL) Q3 2024 Earnings Call Transcript
- Oct -31 - Markel Group Q3 Earnings Miss Estimates, Revenues Increase Y/Y
- Oct -31 - Markel Group (MKL) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
- Oct -31 - Markel Group (MKL) Lags Q3 Earnings and Revenue Estimates
- Oct -30 - Markel Group reports 2024 third quarter and nine-months results
- Oct -29 - Stay Ahead of the Game With Markel Group (MKL) Q3 Earnings: Wall Street's Insights on Key Metrics
- Oct -24 - Markel Group Inc. announces conference call date and time
- Oct -21 - Markel appoints Jim Hinchley as Chief Retail Officer
- Oct -16 - What Makes Markel Group (MKL) a New Strong Buy Stock
- Oct -16 - Best Value Stocks to Buy for October 16th
- Oct -14 - VOOM Launches Electric Bike Insurance
- Oct -14 - Markel Stock: High-Quality At A Discount
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Insurance
Expected Growth : 2 %
What the company do ?
Markel Corporation's insurance offers specialty insurance products, including property, casualty, and marine insurance, to businesses and individuals.
Why we expect these perspectives ?
Markel Corporation's insurance segment growth is driven by increasing demand for specialty insurance products, expansion into new markets, and strategic acquisitions. Additionally, the company's focus on underwriting discipline, risk management, and investment income also contribute to its growth. Furthermore, Markel's diversified portfolio and strong capital position enable it to capitalize on opportunities and navigate market volatility.
Segment n°2 -> Markel Ventures
Expected Growth : 1.0 %
What the company do ?
Markel Ventures is a subsidiary of Markel Corporation, focusing on investments in early-stage companies and startups, providing strategic guidance and resources for growth.
Why we expect these perspectives ?
Markel Ventures' 1.0 growth driven by strategic acquisitions, expansion into new markets, and diversification of portfolio companies. Strong financial position and disciplined capital allocation enable investments in growth initiatives, while a culture of entrepreneurship and innovation fosters organic growth.
Segment n°3 -> Investing
Expected Growth : 3 %
What the company do ?
Markel Corporation's investing segment involves investing in publicly traded securities, private equity, and debt instruments, generating income through dividends, interest, and capital gains.
Why we expect these perspectives ?
Markel Corporation's 3% growth is driven by its disciplined underwriting approach, diversified insurance portfolio, and strategic investments in profitable niches. Additionally, its strong capital position, low debt, and consistent dividend payments contribute to its stable growth. Furthermore, the company's ability to adapt to changing market conditions and its focus on long-term value creation also support its growth momentum.
Segment n°4 -> Reinsurance
Expected Growth : 4 %
What the company do ?
Markel Corporation's reinsurance segment provides risk management solutions to insurance companies, helping them manage their risk exposure and improve capital efficiency.
Why we expect these perspectives ?
Markel Corporation's reinsurance growth is driven by increasing demand for specialty insurance products, expansion into new geographic markets, and strategic partnerships. Additionally, the company's diversified portfolio and strong underwriting discipline contribute to its growth. Furthermore, Markel's ability to offer customized solutions and its expertise in niche markets also support its growth momentum.
Segment n°5 -> Other
Expected Growth : 5 %
What the company do ?
Markel Corporation's 'Other' segment includes its investment and insurance-related activities, as well as its venture capital and private equity investments.
Why we expect these perspectives ?
Markel's 'Other' segment growth is driven by increasing demand for its insurance-linked securities, expansion of its Markel Ventures arm, and strategic acquisitions. Additionally, the company's investments in emerging markets and diversification into new product lines, such as environmental and energy-related insurance, contribute to its growth.
Markel Corporation Products
| Product Range | What is it ? |
|---|---|
| Reinsurance | Markel Corporation provides reinsurance products to insurance companies, helping them manage risk and increase capacity. |
| Insurance | Markel Corporation offers a range of insurance products, including property, casualty, and specialty insurance, to individuals and businesses. |
| Program Services | Markel Corporation provides program services, including underwriting, policy administration, and claims management, to insurance companies and agents. |
| Investments | Markel Corporation invests in a diversified portfolio of assets, including equities, fixed income, and real estate, to generate returns for shareholders. |
| State National | Markel Corporation's State National division provides fronting and program services to insurance companies and agents. |
Markel Corporation's Porter Forces
Threat Of Substitutes
Markel Corporation operates in the insurance and financial services industry, where substitutes are limited. However, the company faces some threat from alternative financial products and services offered by fintech companies and digital platforms.
Bargaining Power Of Customers
Markel Corporation's customers are largely individual and commercial policyholders, who have limited bargaining power due to the company's strong brand reputation and diversified product offerings.
Bargaining Power Of Suppliers
Markel Corporation relies on a network of independent agents and brokers to distribute its insurance products. While these suppliers have some bargaining power, the company's strong relationships and diversified distribution channels mitigate this risk.
Threat Of New Entrants
The insurance industry has high barriers to entry, including regulatory hurdles and significant capital requirements. While new entrants may emerge, Markel Corporation's established brand and scale of operations provide a competitive advantage.
Intensity Of Rivalry
The insurance industry is highly competitive, with many established players competing for market share. Markel Corporation faces intense rivalry from other insurance companies, which can lead to pricing pressure and increased marketing expenses.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 20.68% |
| Debt Cost | 5.27% |
| Equity Weight | 79.32% |
| Equity Cost | 7.41% |
| WACC | 6.97% |
| Leverage | 26.07% |
Markel Corporation : Quality Control
Markel Corporation passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| RLI | RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. Its Casualty segment provides commercial and personal coverage products; and general liability products, … |
| WRB | W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline … |
| MCY | Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella … |
| L | Loews Corporation provides commercial property and casualty insurance in the United States and internationally. The company offers specialty insurance products, such as management and professional liability, and other coverage products; … |
| THG | The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through three segments: Commercial Lines, Personal … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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RLI
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WR Berkley
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Mercury General
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Markel
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Hanover Insurance
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