Markel Corporation

Markel Corporation

MKLยทNYSE

$1.78K

-0.55%
Financial ServicesInsurance - Property & Casualty

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, the Asia Pacific, and the Middle East. Its Insurance segment offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind. This segment also offers credit and surety products, and collateral protection insurance products. The company's Reinsurance segment offers transaction, healthcare, and environmental impairment liability; and specialty treaty reinsurance products comprising structured and whole turnover credit, political risk, mortgage and contract, and commercial surety reinsurance programs. Its Markel Ventures segment provides equipment used in baking systems and food processing; portable dredges; over-the-road car haulers and transportation equipment; and laminated oak and composite wood flooring, tube and tank trailers, as well as ornamental plants and residential homes, handbags, and architectural products. This segment also provides consulting, and other types of services to businesses and consumers, including distribution of exterior building products, crane rental, fire protection, and life safety services, management and technology consulting, and retail intelligence services. The company's Other segment provides healthcare, leasing and investment services, as well as operates as an insurance and investment fund manager offering a range of investment products, including insurance-linked securities, catastrophe bonds, insurance swaps, and weather derivatives; and program services. it also manages funds with third parties. Markel Corporation was founded in 1930 and is based in Glen Allen, Virginia.

At a Glance

Live Snapshot
Market Cap$22.24B
EPS169.7400
P/E Ratio10.47
Earnings Date07/29/2026
Markel Corporation

Markel Corporation Fair Value Envelope

MKL ยท NYSE

Our analysis suggests that MKL has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1777.63, this represents a potential HIDDEN relative to our calculated worth for Markel Corporation.

Intrinsic Value
Current Price: $1777.63

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$80.6B
+ Cash & Equivalents$4.0B
Firm Value$84.6B
- Debt$4.3B
Equity Value$80.3B
/ Shares Outstanding12,610,250B
DCF Value$6.4K
UNDERVALUED BY 258%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$3.0B
$3.3B
$3.6B
$3.9B
$4.3B
$4.7B
$5.1B
$5.6B
$6.1B
$6.7B
Maintenance CapEx
-$45.2M
-$49.3M
-$53.9M
-$58.9M
-$64.3M
-$70.2M
-$76.7M
-$83.7M
-$91.4M
-$99.8M
Owner Earnings
$3.0B
$3.2B
$3.5B
$3.9B
$4.2B
$4.6B
$5.0B
$5.5B
$6.0B
$6.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$2.8B
$2.8B
$2.8B
$2.8B
$2.9B
$2.9B
$2.9B
$3.0B
$3.0B
$3.0B
Terminal Value represents 64.1% of Enterprise Value