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.
MarshFRA:MSN -2.15%78 5-Year Yield-on-Cost % is 3.70 as of Jul. 16, 2026, which is 34% above its 10-year median of 2.77. GuruFocus rates FRA:MSN with a GF Score™ of 78/100 and a GF Value™ of €217.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 418 Insurance companies, Marsh ranks worse than 51.67% on this metric.
Marsh's yield on cost for the quarter that ended in Mar. 2026 was 3.70.
The historical rank and industry rank for Marsh's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:MSN'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.14 Med: 2.77 Max: 4.85
Current: 3.7
During the past 13 years, Marsh's highest Yield on Cost was 4.85. The lowest was 2.14. And the median was 2.77.
FRA:MSN's 5-Year Yield-on-Cost % is ranked worse than 51.67% of 418
companies
in the Insurance industry
Industry Median: 4
vs FRA:MSN: 3.70
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Marsh 5-Year Yield-on-Cost % Related Terms
FRA:MSN vs AON, AJG, WTW: 5-Year Yield-on-Cost % Comparison
For the Insurance Brokers subindustry, Marsh's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.
Marsh 5-Year Yield-on-Cost % vs Insurance Industry
For the Insurance industry and Financial Services sector, Marsh's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Marsh's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Marsh is calculated as
Marsh (FRA:MSN) has a 5-Year Yield-on-Cost % of 3.70 as of Jul. 16, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Marsh and its competitors. This is 34% above median its historical median of 2.77. Over the past decade, Marsh's 5-Year Yield-on-Cost % has ranged from 2.14 to 4.85. According to the industry distribution chart, Marsh ranks #216 out of 418 companies in the Insurance industry, placing it in the top 51.7%.
Is Marsh's 5-Year Yield-on-Cost % too high?
Marsh's current 5-Year Yield-on-Cost % of 3.70 is 34% above median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 4.85. The Insurance industry median 5-Year Yield-on-Cost % is 4.00. Marsh's value of 3.70 is 7.5% below this industry median. Based on the distribution chart, Marsh ranks #216 out of 418 companies in the Insurance industry, which is below the industry midpoint. Overall, Marsh has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marsh's 5-Year Yield-on-Cost % compare to AON and AJG?
According to the Insurance industry distribution chart, Marsh ranks #216 out of 418 companies for 5-Year Yield-on-Cost %. This places Marsh in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 4.00. Marsh's value of 3.70 is 7.5% below this benchmark. Historically, Marsh's own 5-Year Yield-on-Cost % has ranged from 2.14 to 4.85 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 4.00, Marsh has consistently been below 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 5-Year Yield-on-Cost % for an Insurance company?
The median 5-Year Yield-on-Cost % among Insurance companies is 4.00, based on 418 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marsh's current 5-Year Yield-on-Cost % of 3.70 is 7.5% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Marsh and its competitors. For the Insurance industry, the median 5-Year Yield-on-Cost % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marsh's current 5-Year Yield-on-Cost % is 3.70, which is 34% above median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marsh stock overvalued right now?
Based on GuruFocus' analysis, Marsh (FRA:MSN) is currently considered Modestly Undervalued. The stock's GF Value™ is €217.56, compared to a current price of €154.95 — trading 28.8% below its estimated fair value. The current 5-Year Yield-on-Cost % is 3.70, which is 34% above median its 10-year median of 2.77 and 7.5% below the Insurance industry median of 4.00. Marsh's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Marsh (FRA:MSN), the current 5-Year Yield-on-Cost % is 3.70 as of Jul. 16, 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 Marsh (FRA:MSN) Overvalued in 2026?
Based on GuruFocus' analysis, Marsh stock appears to be undervalued.
The current stock price of €154.95 is trading 28.8% below its estimated GF Value™ of €217.56.
GuruFocus considers Marsh to be Modestly Undervalued.
Key valuation signals for FRA:MSN:
5-Year Yield-on-Cost %: 3.70 (34% above median its 10-year median of 2.77)
GF Value™: €217.56 vs. price of €154.95 (28.8% below fair value)
Industry Position: 7.5% below the Insurance median (#216 of 418)
No single metric tells the full story. See the FRA:MSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marsh is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the US.
78GF Score
Get the complete analysis for FRA:MSN
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MSN has been successfully added to your 
