Markel Group (BSP:MKLC34) Scaled Net Operating Assets: 0.17 (As of Mar. 2026)


BSP:MKLC34 Markel Group Inc BSP:MKLC34
82 GF Score
Price R$497.00
GF Value R$530.88
Valuation Fairly Valued
! 7 Warning Signs
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What is Markel Group Scaled Net Operating Assets?

Markel Group BSP:MKLC34 -0.46% 82 Scaled Net Operating Assets is 0.17 as of Mar. 2026. GuruFocus rates BSP:MKLC34 with a GF Score™ of 82/100 and a GF Value™ of R$530.88 (Fairly Valued). The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Markel Group's operating assets for the quarter that ended in Mar. 2026 was R$301,975 Mil. Markel Group's operating liabilities for the quarter that ended in Mar. 2026 was R$238,310 Mil. Markel Group's Total Assets for the quarter that ended in Dec. 2025 was R$375,925 Mil. Therefore, Markel Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.17.

BSP:MKLC34
82GF Score
Markel Group Inc BSP:MKLC34
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Markel Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Markel Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(354295.04-248229.167)/377639.588
=0.28

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=375925.281 - 21630.241
=354295.04

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=271709.469 - 23480.302 - 0
=248229.167

Markel Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(301975.366-238309.797)/375925.281
=0.17

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=358762.886 - 56787.52
=301975.366

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=261230.323 - 22920.526 - 0
=238309.797

* 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.

What does a Scaled Net Operating Assets of 0.17 mean?
Markel Group (BSP:MKLC34) has a Scaled Net Operating Assets of 0.17 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Markel Group and its competitors.
Is Markel Group's Scaled Net Operating Assets too high?
Markel Group's current Scaled Net Operating Assets is 0.17. Overall, Markel Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Markel Group's Scaled Net Operating Assets compare to L and WRB?
Markel Group's Scaled Net Operating Assets of 0.17 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Markel Group and its competitors. Markel Group's current Scaled Net Operating Assets is 0.17. 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 (BSP:MKLC34) is currently considered Fairly Valued. The stock's GF Value™ is R$530.88, compared to a current price of R$497.00 — trading 6.4% below its estimated fair value. The current Scaled Net Operating Assets is 0.17. Markel Group's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Markel Group (BSP:MKLC34), the current Scaled Net Operating Assets is 0.17 as of Mar. 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 (BSP:MKLC34) Overvalued in 2026?

Based on GuruFocus' analysis, Markel Group stock appears to be undervalued. The current stock price of R$497.00 is trading 6.4% below its estimated GF Value™ of R$530.88. GuruFocus considers Markel Group to be Fairly Valued.

Key valuation signals for BSP:MKLC34:

  • Scaled Net Operating Assets: 0.17
  • GF Value™: R$530.88 vs. price of R$497.00 (6.4% below fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the BSP:MKLC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Markel Group Business Description

Address 4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
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.
82GF Score

Get the complete analysis for BSP:MKLC34

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$497.00
Price
R$530.88
GF Value