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MHNC vs MKL
Revenue, margins, valuation, and 5-year total return — side by side.
Insurance - Property & Casualty
MHNC vs MKL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Insurance - Life | Insurance - Property & Casualty |
| Market Cap | $1.32B | $22.34B |
| Revenue (TTM) | $62M | $16.57B |
| Net Income (TTM) | $-152M | $1.77B |
| Gross Margin | 8.3% | 61.4% |
| Operating Margin | 116.7% | 13.9% |
| Forward P/E | — | 15.9x |
| Total Debt | $0.00 | $4.30B |
| Cash & Equiv. | $35M | $3.96B |
MHNC vs MKL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Maiden Holdings Nor… (MHNC) | 100 | 58.0 | -42.0% |
| Markel Corporation (MKL) | 100 | 199.0 | +99.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MHNC vs MKL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MHNC is the clearest fit if your priority is income & stability and sleep-well-at-night.
- Dividend streak 4 yrs, beta 0.12
- Lower volatility, beta 0.12
- Beta 0.12
MKL carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth -1.0%, EPS growth -15.1%, 3Y rev CAGR 12.0%
- 90.6% 10Y total return vs MHNC's 20.5%
- -1.0% revenue growth vs MHNC's -2.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | -1.0% revenue growth vs MHNC's -2.9% | |
| Value | Better valuation composite | |
| Quality / Margins | 10.7% margin vs MHNC's -247.5% | |
| Stability / Safety | Beta 0.12 vs MKL's 0.44 | |
| Dividends | 2.7% yield; 6-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | -4.7% vs MHNC's -14.2% | |
| Efficiency (ROA) | 3.0% ROA vs MHNC's -12.3%, ROIC 10.7% vs 312.9% |
MHNC vs MKL — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MHNC vs MKL — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MKL leads this category, winning 3 of 4 comparable metrics.
Income & Cash Flow (Last 12 Months)
MKL is the larger business by revenue, generating $16.6B annually — 269.2x MHNC's $62M. MKL is the more profitable business, keeping 10.7% of every revenue dollar as net income compared to MHNC's -2.5%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $62M | $16.6B |
| EBITDAEarnings before interest/tax | $72M | $2.5B |
| Net IncomeAfter-tax profit | -$152M | $1.8B |
| Free Cash FlowCash after capex | -$77M | $2.2B |
| Gross MarginGross profit ÷ Revenue | +8.3% | +61.4% |
| Operating MarginEBIT ÷ Revenue | +116.7% | +13.9% |
| Net MarginNet income ÷ Revenue | -2.5% | +10.7% |
| FCF MarginFCF ÷ Revenue | -125.9% | +13.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +6.7% |
| EPS Growth (YoY)Latest quarter vs prior year | — | -2.6% |
Valuation Metrics
MKL leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
On an enterprise value basis, MKL's 7.7x EV/EBITDA is more attractive than MHNC's 61.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.3B | $22.3B |
| Enterprise ValueMkt cap + debt − cash | $1.3B | $22.7B |
| Trailing P/EPrice ÷ TTM EPS | -6.59x | 10.55x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 15.86x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.42x |
| EV / EBITDAEnterprise value multiple | 60.99x | 7.72x |
| Price / SalesMarket cap ÷ Revenue | 23.40x | 1.35x |
| Price / BookPrice ÷ Book value/share | 29.29x | 1.19x |
| Price / FCFMarket cap ÷ FCF | — | 8.75x |
Profitability & Efficiency
MKL leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
MKL delivers a 9.6% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $-4 for MHNC. On the Piotroski fundamental quality scale (0–9), MKL scores 7/9 vs MHNC's 1/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -4.1% | +9.6% |
| ROA (TTM)Return on assets | -12.3% | +3.0% |
| ROICReturn on invested capital | +3.1% | +10.7% |
| ROCEReturn on capital employed | +3.2% | +14.9% |
| Piotroski ScoreFundamental quality 0–9 | 1 | 7 |
| Debt / EquityFinancial leverage | — | 0.23x |
| Net DebtTotal debt minus cash | -$35M | $339M |
| Cash & Equiv.Liquid assets | $35M | $4.0B |
| Total DebtShort + long-term debt | $0 | $4.3B |
| Interest CoverageEBIT ÷ Interest expense | 2.20x | 12.00x |
Total Returns (Dividends Reinvested)
MKL leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MKL five years ago would be worth $14,899 today (with dividends reinvested), compared to $9,570 for MHNC. Over the past 12 months, MKL leads with a -4.7% total return vs MHNC's -14.2%. The 3-year compound annual growth rate (CAGR) favors MKL at 9.1% vs MHNC's 4.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -13.1% | -16.2% |
| 1-Year ReturnPast 12 months | -14.2% | -4.7% |
| 3-Year ReturnCumulative with dividends | +15.2% | +30.0% |
| 5-Year ReturnCumulative with dividends | -4.3% | +49.0% |
| 10-Year ReturnCumulative with dividends | +20.5% | +90.6% |
| CAGR (3Y)Annualised 3-year return | +4.8% | +9.1% |
Risk & Volatility
Evenly matched — MHNC and MKL each lead in 1 of 2 comparable metrics.
Risk & Volatility
MHNC is the less volatile stock with a 0.12 beta — it tends to amplify market swings less than MKL's 0.44 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MKL currently trades 80.9% from its 52-week high vs MHNC's 71.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.12x | 0.44x |
| 52-Week HighHighest price in past year | $18.54 | $2207.59 |
| 52-Week LowLowest price in past year | $11.14 | $1719.41 |
| % of 52W HighCurrent price vs 52-week peak | +71.5% | +80.9% |
| RSI (14)Momentum oscillator 0–100 | 52.1 | 30.1 |
| Avg Volume (50D)Average daily shares traded | 5K | 59K |
Analyst Outlook
MKL leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
MKL is the only dividend payer here at 2.72% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $1950.00 |
| # AnalystsCovering analysts | — | 15 |
| Dividend YieldAnnual dividend ÷ price | — | +2.7% |
| Dividend StreakConsecutive years of raises | 4 | 6 |
| Dividend / ShareAnnual DPS | — | $48.55 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.3% | +1.9% |
MKL leads in 5 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 1 category is tied.
MHNC vs MKL: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is MHNC or MKL a better buy right now?
For growth investors, Markel Corporation (MKL) is the stronger pick with -1.
0% revenue growth year-over-year, versus -2. 9% for Maiden Holdings North America, Ltd. (MHNC). Markel Corporation (MKL) offers the better valuation at 10. 6x trailing P/E (15. 9x forward), making it the more compelling value choice. Analysts rate Markel Corporation (MKL) a "Hold" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — MHNC or MKL?
Over the past 5 years, Markel Corporation (MKL) delivered a total return of +49.
0%, compared to -4. 3% for Maiden Holdings North America, Ltd. (MHNC). Over 10 years, the gap is even starker: MKL returned +90. 6% versus MHNC's +20. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — MHNC or MKL?
By beta (market sensitivity over 5 years), Maiden Holdings North America, Ltd.
(MHNC) is the lower-risk stock at 0. 12β versus Markel Corporation's 0. 44β — meaning MKL is approximately 259% more volatile than MHNC relative to the S&P 500.
04Which is growing faster — MHNC or MKL?
By revenue growth (latest reported year), Markel Corporation (MKL) is pulling ahead at -1.
0% versus -2. 9% for Maiden Holdings North America, Ltd. (MHNC). On earnings-per-share growth, the picture is similar: Markel Corporation grew EPS -15. 1% year-over-year, compared to -414. 1% for Maiden Holdings North America, Ltd.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — MHNC or MKL?
Markel Corporation (MKL) is the more profitable company, earning 12.
7% net margin versus -356. 1% for Maiden Holdings North America, Ltd. — meaning it keeps 12. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MHNC leads at 37. 4% versus 16. 5% for MKL. At the gross margin level — before operating expenses — MHNC leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — MHNC or MKL?
In this comparison, MKL (2.
7% yield) pays a dividend. MHNC does not pay a meaningful dividend and should not be held primarily for income.
07Is MHNC or MKL better for a retirement portfolio?
For long-horizon retirement investors, Markel Corporation (MKL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
44), 2. 7% yield). Both have compounded well over 10 years (MKL: +90. 6%, MHNC: +20. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between MHNC and MKL?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: MHNC is a small-cap quality compounder stock; MKL is a mid-cap deep-value stock. MKL pays a dividend while MHNC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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