What is W. R. Berkley Corporation (WRB) DCF Fair Value and Intrinsic Value in 2026?

W. R. Berkley Corporation (WRB) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is W. R. Berkley Corporation's historical Return on Invested Capital (ROIC) and Moat Rating?

W. R. Berkley Corporation operates in the Financials sector (Insurance - Property & Casualty) with an economic moat rating of NARROW. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is W. R. Berkley Corporation's financial health rating and Piotroski F-Score?

W. R. Berkley Corporation's balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor W. R. Berkley Corporation (WRB) for quarterly SEC filing thesis breaks?

LocalAlpha audits W. R. Berkley Corporation's 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksWRB

WRB

W.R. Berkley CorporationFinancial Services / Insurance - Property & CasualtyINTACT

W. R. Berkley Corporation, an insurance holding company, operates as a commercial line writer worldwide. The company operates through Insurance and Reinsurance & Monoline Excess segments. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and reinsurance products; insurance for commercial risks; casualty and specialty environmental products; insurance coverages for fine arts and jewelry exposures; excess liability and inland marine coverage for small to medium-sized insureds; and commercial general liability, umbrella, professional liability, directors and officers, commercial property, and surety products, as well as products for technology, and life sciences and travel industries. In addition, it offers cyber risk solutions; crime and fidelity insurance products; medical professional coverages; workers' compensation insurance products; management liability and general insurance products; personal lines insurance solutions, including home, condo/co-op, auto, fine arts and collectibles, liability, collector vehicle, and recreational marine; law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical, property, and crime insurance products; at-risk and alternative risk insurance program management services; professional liability; energy and marine risks; and insurance products to the Lloyd's marketplace. The Reinsurance & Monoline Excess segment provides treaty and facultative reinsurance solutions; property and casualty reinsurance products; facultative reinsurance products include automatic, semi-automatic, and individual risk assumed reinsurance; and turnkey products, such as cyber, employment practices liability insurance, liquor liability insurance and violent events. The company was founded in 1967 and is headquartered in Greenwich, Connecticut.

Share Price

$69.85

52W: $62.87 - $78.96

DCF Fair Value

$178.19

+60.8% MoS

Thesis Hub

P/E (TTM)

14.4x

ROIC

12.3%

Operating Margin

16.4%

FCF Yield

11.7%

Debt / Equity

0.32x

Piotroski Score

7/9

Altman Z-Score

4.13

Market Cap

$25.9B

Price vs. Intrinsic Value Corridor

Margin of Safety Buy Zone (<25% Discount)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$178.19

MOS Buy Target (-25%)

$133.64

Valuation Overlays: DCF Fair Value ($178.19) 25% MOS Buy Target ($133.64) Revised Graham ($92.66) Graham Number ($52.25)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$69.85

DCF Fair Value

$178.31

+60.8% MoS

Starting Free Cash Flow ($M)$3,046M

$100M$3,046M (Reported)$50,000M

Stage 1 Growth (Years 1-5)8.2%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)-$800M (Net Cash)

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$27.9B

PV of Terminal Value

$37.5B

Implied Enterprise Value

$65.4B

Implied Equity Value

$66.2B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$3,296	$3,566	$3,858	$4,175	$4,517	$4,720	$4,933	$5,155	$5,387	$5,629
Present Value (PV)	$3,024	$3,001	$2,979	$2,958	$2,936	$2,815	$2,698	$2,587	$2,480	$2,378

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-33.7% Premium

$52.25

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $4.86BVPS: $24.97

Revised Graham Formula+24.6% MoS

$92.66

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings11.2% Yield

$7.80 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $2.9BYield: 11.2%

Reverse DCF: Market Growth Expectation

EXTREMELY LOW BARRIER

-5.9% CAGR (Next 10 Yrs)

At the current price of $69.85, the market is assuming the business will compound Free Cash Flow at -5.9% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

✓ Low market hurdle: Easy for a wide-moat compounder to beat.

Autonomous Thesis Underwriting

Surveil WRB with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for W.R. Berkley Corporation. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 16.4% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: W.R. Berkley Corporation (WRB) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for W.R. Berkley Corporation.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, W.R. Berkley Corporation has an estimated DCF intrinsic fair value of $178.19 per share compared to its current market price of $69.85. This represents an estimated 60.8% margin of safety (trading below fair value). Additionally, its classic Benjamin Graham Number stands at $52.25.