WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Markel Corporation generates 11% more annual revenue ($16.60B vs $14.90B). MKL leads profitability with a 13.8% profit margin vs 12.9%. MKL appears more attractively valued with a PEG of 2.39. MKL earns a higher WallStSmart Score of 75/100 (B+).

MKL

Strong Buy

75

out of 100

Grade: B+

Growth: 8.0Profit: 6.5Value: 6.3Quality: 5.0
Piotroski: 4/9Altman Z: 0.80

WRB

Buy

63

out of 100

Grade: C+

Growth: 6.0Profit: 7.0Value: 5.0Quality: 6.0
Piotroski: 4/9Altman Z: 1.39

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MKL5 strengths · Avg: 9.8/10
P/E RatioValuation
10.4x10/10

Attractively priced relative to earnings

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
30.1%10/10

Strong operational efficiency at 30.1%

EPS GrowthGrowth
86.8%10/10

Earnings expanding 86.8% YoY

Debt/EquityHealth
0.249/10

Conservative balance sheet, low leverage

WRB3 strengths · Avg: 8.3/10
Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

P/E RatioValuation
14.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

Areas to Watch

MKL3 concerns · Avg: 2.7/10
PEG RatioValuation
2.394/10

Expensive relative to growth rate

Free Cash FlowQuality
$-31.35M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.802/10

Distress zone — elevated risk

WRB3 concerns · Avg: 2.7/10
Revenue GrowthGrowth
1.2%4/10

1.2% revenue growth

PEG RatioValuation
4.902/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.392/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : MKL

The strongest argument for MKL centers on P/E Ratio, Price/Book, Operating Margin. Revenue growth of 12.7% demonstrates continued momentum.

Bull Case : WRB

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

Bear Case : MKL

The primary concerns for MKL are PEG Ratio, Free Cash Flow, Altman Z-Score.

Bear Case : WRB

The primary concerns for WRB are Revenue Growth, PEG Ratio, Altman Z-Score.

Key Dynamics to Monitor

MKL carries more volatility with a beta of 0.66 — expect wider price swings.

MKL is growing revenue faster at 12.7% — sustainability is the question.

WRB generates stronger free cash flow (640M), providing more financial flexibility.

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

Bottom Line

MKL scores higher overall (75/100 vs 63/100) and 12.7% revenue growth. 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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