Markel has built a reputation as a "mini-Berkshire," and while we think it has developed a solid franchise, we believe the premium the market has at times awarded the company based on this narrative is not fully justified.
Markel's focus on specialty lines creates the potential for a moat.
Markel's relatively large exposure to equities makes the company much more vulnerable than peers to a bear market.
|
Metric
|
MKL
|
TRV
|
WRB
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.61 | 14.62 | 14.29 |
Price/Book Value | 1.32 | 2.17 | 2.76 |
Price/Sales | 1.27 | 1.24 | 1.78 |
Price/Cash Flow | 6.89 | 4.91 | 15.45 |
|
Metric
|
MKL
|
TRV
|
WRB
|
|---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 15.91 | 12.52 | 16.59 |
|
Metric
|
MKL
|
TRV
|
WRB
|
|---|---|---|---|
Return on Assets (Normalized) | 3.95% | 3.02% | 4.31% |
Return on Equity (Normalized) | 15.23% | 16.15% | 21.73% |
Return on Invested Capital (Normalized) | 12.01% | 13.04% | 16.59% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Progressive Corp
PGR
| Jcgxvchdcr | Rfzdyn | $150.5 Bil | |||
| Chubb Ltd
CB
| Vnfkxcrpm | Hvftsh | $117.3 Bil | |||
| Tokio Marine Holdings Inc ADR
TKOMY
| Ydkwpwt | Fxzb | $71.7 Bil | |||
| Tokio Marine Holdings Inc
TKOMF
| — | Gfhnb | $71.7 Bil | |||
| The Travelers Companies Inc
TRV
| Vhvzgntb | Tsphth | $53.9 Bil | |||
| Allstate Corp
ALL
| Tkcfllb | Wrts | $50.2 Bil | |||
| MS&AD Insurance Group Holdings Inc
MSADF
| — | Mmgr | $36.6 Bil | |||
| MS&AD Insurance Group Holdings Inc ADR
MSADY
| — | Zmvg | $36.6 Bil | |||
| WR Berkley Corp
WRB
| Xzzspclmjc | Xxwdv | $21.5 Bil |
:quality(80)/author-service-images-prod-us-east-1.publishing.aws.arc.pub/morningstar/da2d065f-39a9-49e3-8551-1d3832fc658a.jpg)
United States