Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Markel GroupMEX:MKL 83 Return-on-Tangible-Asset is 7.01% as of Jun. 2026, which is 143% above its 10-year median of 2.88. GuruFocus rates MEX:MKL with a GF Score™ of 83/100 and a GF Value™ of MXN36,708.30. The stock has 5 warning signs investors should review. Among 505 Insurance companies, Markel Group ranks better than 60.4% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Markel Group's annualizedNet Income for the quarter that ended in Jun. 2026 was MXN81,580 Mil. Markel Group's average total tangible assets for the quarter that ended in Jun. 2026 was MXN1,163,718 Mil. Therefore, Markel Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.01%.
The historical rank and industry rank for Markel Group's Return-on-Tangible-Asset or its related term are showing as below:
MEX:MKL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.49 Med: 2.88 Max: 5.98
Current: 3.56
During the past 13 years, Markel Group's highest Return-on-Tangible-Asset was 5.98%. The lowest was -0.49%. And the median was 2.88%.
MEX:MKL's Return-on-Tangible-Asset is ranked better than 60.4% of 505
companies
in the Insurance industry
Industry Median: 2.88
vs MEX:MKL: 3.56
Markel Group (MEX:MKL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Markel Group Return-on-Tangible-Asset Related Terms
Markel Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Markel Group's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:MKL vs L, WRB, CINF: Return-on-Tangible-Asset Comparison
For the Insurance - Property & Casualty subindustry, Markel Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Markel Group Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Markel Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Markel Group's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.01% mean?
Markel Group (MEX:MKL) has a Return-on-Tangible-Asset of 7.01% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Markel Group and its competitors. This is 143% above median its historical median of 2.88. According to the industry distribution chart, Markel Group ranks #200 out of 505 companies in the Insurance industry, placing it in the top 39.6%.
Is Markel Group's Return-on-Tangible-Asset too high?
Markel Group's current Return-on-Tangible-Asset of 7.01% is 143% above median its 10-year median of 2.88. The Insurance industry median Return-on-Tangible-Asset is 2.88. Markel Group's value of 7.01% is 143.4% above this industry median. Based on the distribution chart, Markel Group ranks #200 out of 505 companies in the Insurance industry, which is above the industry midpoint. Overall, Markel Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Markel Group's Return-on-Tangible-Asset compare to L and WRB?
According to the Insurance industry distribution chart, Markel Group ranks #200 out of 505 companies for Return-on-Tangible-Asset. This puts Markel Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.88. Markel Group's value of 7.01% is 143.4% above this benchmark. While the company's 10-year median is 2.88 vs. the industry median of 2.88, Markel Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.88, based on 505 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Markel Group's current Return-on-Tangible-Asset of 7.01% is 143.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Markel Group and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Markel Group's current Return-on-Tangible-Asset is 7.01%, which is 143% above median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markel Group stock overvalued right now?
Markel Group (MEX:MKL) has a current Return-on-Tangible-Asset of 7.01%. The stock's GF Value™ is MXN36,708.30, compared to a current price of MXN32,270.00 — trading 12.1% below its estimated fair value. The current Return-on-Tangible-Asset is 7.01%, which is 143% above median its 10-year median of 2.88 and 143.4% above the Insurance industry median of 2.88. Markel Group's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Markel Group (MEX:MKL), the current Return-on-Tangible-Asset is 7.01% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Markel Group (MEX:MKL) Overvalued in 2026?
Based on GuruFocus' analysis, Markel Group stock appears to be undervalued.
The current stock price of MXN32,270.00 is trading 12.1% below its estimated GF Value™ of MXN36,708.30.
Key valuation signals for MEX:MKL:
Return-on-Tangible-Asset: 7.01% (143% above median its 10-year median of 2.88)
GF Value™: MXN36,708.30 vs. price of MXN32,270.00 (12.1% below fair value)
Industry Position: 143.4% above the Insurance median (#200 of 505)
No single metric tells the full story. See the MEX:MKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
Get the complete analysis for MEX:MKL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:MKL has been successfully added to your 
