WallStSmart

Ategrity Specialty Insurance Company Holdings (ASIC)vsW. R. Berkley Corp (WRB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

W. R. Berkley Corp generates 3366% more annual revenue ($14.71B vs $424.34M). ASIC leads profitability with a 17.4% profit margin vs 12.1%. ASIC trades at a lower P/E of 12.3x. WRB earns a higher WallStSmart Score of 55/100 (C-).

ASIC

Buy

52

out of 100

Grade: C-

Growth: 6.7Profit: 8.0Value: 5.7Quality: 6.0
Piotroski: 3/9

WRB

Buy

55

out of 100

Grade: C-

Growth: 4.0Profit: 7.0Value: 4.7Quality: 4.8
Piotroski: 2/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ASICSignificantly Overvalued (-65.3%)

Margin of Safety

-65.3%

Fair Value

$10.74

Current Price

$18.81

$8.07 premium

UndervaluedFair: $10.74Overvalued
WRBSignificantly Overvalued (-136.4%)

Margin of Safety

-136.4%

Fair Value

$30.26

Current Price

$64.49

$34.23 premium

UndervaluedFair: $30.26Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ASIC4 strengths · Avg: 8.5/10
Price/BookValuation
1.5x10/10

Reasonable price relative to book value

P/E RatioValuation
12.3x8/10

Attractively priced relative to earnings

Operating MarginProfitability
26.9%8/10

Strong operational efficiency at 26.9%

Revenue GrowthGrowth
17.9%8/10

17.9% revenue growth

WRB2 strengths · Avg: 8.0/10
P/E RatioValuation
14.5x8/10

Attractively priced relative to earnings

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

ASIC3 concerns · Avg: 2.7/10
Market CapQuality
$930.57M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-9.0%2/10

Earnings declined 9.0%

WRB4 concerns · Avg: 2.8/10
Revenue GrowthGrowth
1.5%4/10

1.5% revenue growth

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 : ASIC

The strongest argument for ASIC centers on Price/Book, P/E Ratio, Operating Margin. Profitability is solid with margins at 17.4% and operating margin at 26.9%. Revenue growth of 17.9% demonstrates continued momentum.

Bull Case : WRB

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

Bear Case : ASIC

The primary concerns for ASIC are Market Cap, Piotroski F-Score, EPS Growth.

Bear Case : WRB

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

Key Dynamics to Monitor

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

ASIC is growing revenue faster at 17.9% — sustainability is the question.

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

Monitor INSURANCE - PROPERTY & CASUALTY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

WRB scores higher overall (55/100 vs 52/100). Both earn "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.

Ategrity Specialty Insurance Company Holdings

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

Ategrity Specialty Insurance Company Holdings, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.

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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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