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, the Asia Pacific, and the Middle East. More Details
Excellent balance sheet with proven track record.
Share Price & News
How has Markel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MKL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MKL's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MKL underperformed the US Insurance industry which returned 31% over the past year.
Return vs Market: MKL underperformed the US Market which returned 34.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Markel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StIs Markel Corporation's (NYSE:MKL) Latest Stock Performance Being Led By Its Strong Fundamentals?
1 month ago | Simply Wall StUpdate: Markel (NYSE:MKL) Stock Gained 31% In The Last Year
2 months ago | Simply Wall StWhat Is The Ownership Structure Like For Markel Corporation (NYSE:MKL)?
Is Markel undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MKL ($1206.5) is trading above our estimate of fair value ($1193.87)
Significantly Below Fair Value: MKL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MKL is good value based on its PE Ratio (6.1x) compared to the US Insurance industry average (10.7x).
PE vs Market: MKL is good value based on its PE Ratio (6.1x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: MKL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MKL is overvalued based on its PB Ratio (1.3x) compared to the US Insurance industry average (1.2x).
How is Markel forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MKL's earnings are forecast to decline over the next 3 years (-16.7% per year).
Earnings vs Market: MKL's earnings are forecast to decline over the next 3 years (-16.7% per year).
High Growth Earnings: MKL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MKL's revenue (2.9% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: MKL's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MKL's Return on Equity is forecast to be low in 3 years time (7.2%).
How has Markel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MKL has high quality earnings.
Growing Profit Margin: MKL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MKL's earnings have grown significantly by 24.1% per year over the past 5 years.
Accelerating Growth: MKL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MKL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (70.4%).
Return on Equity
High ROE: MKL's Return on Equity (21%) is considered high.
How is Markel's financial position?
Financial Position Analysis
Short Term Liabilities: MKL's short term assets ($17.2B) exceed its short term liabilities ($5.4B).
Long Term Liabilities: MKL's short term assets ($17.2B) do not cover its long term liabilities ($24.2B).
Debt to Equity History and Analysis
Debt Level: MKL's debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: MKL's debt to equity ratio has reduced from 27.7% to 22.4% over the past 5 years.
Debt Coverage: MKL's debt is well covered by operating cash flow (66.3%).
Interest Coverage: MKL's interest payments on its debt are well covered by EBIT (21.9x coverage).
What is Markel current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MKL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MKL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MKL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MKL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MKL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Gayner (60 yo)
Mr. Thomas Sinnickson Gayner, also known as Tom, serves as Co-Chief Executive Officer at Markel Corporation since January 1, 2016. Mr. Gayner serves as the Co-Chief Executive Officer at Markel Ventures, In...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD4.18M) is below average for companies of similar size in the US market ($USD11.16M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Experienced Management: MKL's management team is considered experienced (2.9 years average tenure).
Experienced Board: MKL's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MKL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Markel Corporation's company bio, employee growth, exchange listings and data sources
- Name: Markel Corporation
- Ticker: MKL
- Exchange: NYSE
- Founded: 1930
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$16.599b
- Shares outstanding: 13.76m
- Website: https://www.markel.com
Number of Employees
- Markel Corporation
- 4521 Highwoods Parkway
- Glen Allen
- United States
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, the A...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 23:37|
|End of Day Share Price||2021/08/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.