Markel Group Inc

LTS : 0JYM
USA·Financial Services·Insurance·Ordinary Shares
$1,839.42
−41.71 (−2.07%)Oct 16 close
Market Cap
$23.13B
Enterprise Value
$23.98B
P/E (TTM)
10.86
P/B
1.25
Net Cash / (Debt)
—
52-Week Range
$1,723 — $2,200
5-Year Range
$1,070 — $2,200
Avg Volume (3M)
43

Markel's primary business is property and casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little over 10% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.

Employees22,000IPOJan 24, 2018SIC6331HQ4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
to

Financials

Profitability

Metric
Current
Margins
Gross Margin
—
Operating Margin
—
EBITDA Margin
19.1%
Net Margin
12.9%
OCF Margin
—
FCF Margin
15.6%
Returns on Capital
ROE
12.0%
ROA
3.2%
ROIC
4.2%
ROCE
0.0%
ROC (Greenblatt)
0.0%
3Y ROIIC
12.3%
Consistency
Years Profitable / 10Y
8

Valuation

Metric
Current
Earnings Multiples
P/E (TTM)
10.86
Forward P/E
15.99
P/E ex-NRI
10.86
Shiller P/E (CAPE)
18.24
Cash Flow Multiples
P/FCF
9.11
P/OCF
8.43
P/Owner Earnings
11.09
FCF Yield
11.01%
Enterprise Value Multiples
EV / EBIT
8.16
EV / Forward EBIT
—
EV / EBITDA
7.67
EV / Forward EBITDA
—
EV / Revenue
1.47
EV / Forward Revenue
1.40
Asset / Sales
P/S
1.42
P/B
1.25
P/Tangible Book
1.63
Growth-Adjusted
PEG
0.47

Capital Returns

Metric
Current
Dividends
Dividend Yield (TTM)
0.00%
Forward Dividend Yield
0.00%
3Y Dividend Growth
0.0%
Payout Ratio
0.00
5Y Yield on Cost
0.00%
Buybacks & Dilution
3Y Buyback Ratio
2.10%
5Y Share Change
−7.1%
Combined
Shareholder Yield
1.42%

Balance Sheet

Metric
Current
Leverage
Debt / Equity
0.23
Gross Debt / EBITDA
1.38
Cash / Debt
0.92
Equity / Assets
0.27
Coverage
Interest Coverage
14.27
Short-Term Liquidity
Current Ratio
0.00
Quick Ratio
0.00
Cash Ratio
0.00
Composite Scores
Piotroski F-Score
5
Altman Z-Score
—

5-Step DuPont Analysis

ROE %
11.87%
Net Margin %
12.90%
Operating Margin %
—
Operating Income
—
÷
Revenue
$16.33B
×
Tax Burden
0.7709
Net Income
$2.11B
÷
Pretax Income
$2.73B
×
Interest Burden
—
Pretax Income
$2.73B
÷
Operating Income
—
×
Asset Turnover
0.25
Revenue
$16.33B
÷
Average Total Assets
$65.40B
Begin Total Assets
$61.90B
End Total Assets
$68.91B
×
Equity Multiplier
3.68
Avg Total Assets
$65.40B
÷
Avg Stockholders Equity
$17.76B
Begin Equity
$16.92B
End Equity
$18.60B