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Markel GroupSTU:MKV +0.25%80 Return-on-Tangible-Equity is 32.86% as of Jun. 2026, which is 151% above its 10-year median of 13.10. GuruFocus rates STU:MKV with a GF Score™ of 80/100 and a GF Value™ of €1,895.66 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 495 Insurance companies, Markel Group ranks better than 59.19% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Markel Group's annualized net income for the quarter that ended in Jun. 2026 was €4,058 Mil. Markel Group's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €12,351 Mil. Therefore, Markel Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 32.86%.
The historical rank and industry rank for Markel Group's Return-on-Tangible-Equity or its related term are showing as below:
STU:MKV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.31 Med: 13.1 Max: 29.5
Current: 16.49
During the past 13 years, Markel Group's highest Return-on-Tangible-Equity was 29.50%. The lowest was -2.31%. And the median was 13.10%.
STU:MKV's Return-on-Tangible-Equity is ranked better than 59.19% of 495
companies
in the Insurance industry
Industry Median: 13.62
vs STU:MKV: 16.49
Markel Group (STU:MKV) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Markel Group Return-on-Tangible-Equity Related Terms
Markel Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Markel Group's Return-on-Tangible-Equity 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.
STU:MKV vs L, WRB, CINF: Return-on-Tangible-Equity Comparison
For the Insurance - Property & Casualty subindustry, Markel Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Markel Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Markel Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 32.86% mean?
Markel Group (STU:MKV) has a Return-on-Tangible-Equity of 32.86% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Markel Group and its competitors. This is 151% above median its historical median of 13.10. According to the industry distribution chart, Markel Group ranks #202 out of 495 companies in the Insurance industry, placing it in the top 40.8%.
Is Markel Group's Return-on-Tangible-Equity too high?
Markel Group's current Return-on-Tangible-Equity of 32.86% is 151% above median its 10-year median of 13.10. The Insurance industry median Return-on-Tangible-Equity is 13.62. Markel Group's value of 32.86% is 141.3% above this industry median. Based on the distribution chart, Markel Group ranks #202 out of 495 companies in the Insurance industry, which is above the industry midpoint. Overall, Markel Group has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Markel Group's Return-on-Tangible-Equity compare to L and WRB?
According to the Insurance industry distribution chart, Markel Group ranks #202 out of 495 companies for Return-on-Tangible-Equity. This puts Markel Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.62. Markel Group's value of 32.86% is 141.3% above this benchmark. While the company's 10-year median is 13.10 vs. the industry median of 13.62, 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-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.62, based on 495 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Markel Group's current Return-on-Tangible-Equity of 32.86% is 141.3% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Markel Group and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Markel Group's current Return-on-Tangible-Equity is 32.86%, which is 151% above median its own 10-year median of 13.10. 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?
Based on GuruFocus' analysis, Markel Group (STU:MKV) is currently considered Modestly Undervalued. The stock's GF Value™ is €1,895.66, compared to a current price of €1,630.00 — trading 14% below its estimated fair value. The current Return-on-Tangible-Equity is 32.86%, which is 151% above median its 10-year median of 13.10 and 141.3% above the Insurance industry median of 13.62. Markel Group's overall GF Score™ is 80/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Markel Group (STU:MKV), the current Return-on-Tangible-Equity is 32.86% 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 (STU:MKV) Overvalued in 2026?
Based on GuruFocus' analysis, Markel Group stock appears to be undervalued.
The current stock price of €1,630.00 is trading 14% below its estimated GF Value™ of €1,895.66.
GuruFocus considers Markel Group to be Modestly Undervalued.
Key valuation signals for STU:MKV:
Return-on-Tangible-Equity: 32.86% (151% above median its 10-year median of 13.10)
GF Value™: €1,895.66 vs. price of €1,630.00 (14% below fair value)
Industry Position: 141.3% above the Insurance median (#202 of 495)
No single metric tells the full story. See the STU:MKV 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.
80GF Score
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