Mulya.ai
Ticker
AJG
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?7.3%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.672
Beta (levered) ?0.802
Terminal OM% ?23.0%
Segment conc. ?58% dominant
Terminal growth ?4.1%
Bond rating ?A- · 1.45%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

AJG · Arthur J. Gallagher & Co.

$217.612026-05-17
Sector: Financial Services; Industry: Insurance - Brokers; Sub-Industry: Insurance Brokers

Intrinsic Value Range Comparison · Mulya.ai

Bull
$63
-71.1% vs market
Base · active
$63
-71.0% vs market
Bear
$65
-70.0% vs market
Mulya.ai vs Analyst IV Comparison?
Bull $63
Base $63
Bear $65
Market $218
Median $282
Market Price $218
Mulya.ai Base $63
Analysts Median $282
Mulya.ai IV range ($65 · $63)
Analysts Range ($226 · $334)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$8.2B16.3%2.1%$1.3B−$2.6B−$1.3B5.6%9.1%$14.4B$3.48
2022.Q4$8.6B4.2%19.5%15.9%$1.4B$216MM$1.6B6.9%9.7%$14.5B$4.28
2023.Q4$10.1B17.8%18.5%18.5%$1.5B−$2.6B−$1.1B6.7%9.4%$17.8B$3.72
2024.Q4$11.6B14.7%19.8%21.6%$1.8B−$701MM$1.1B7.4%9.9%$18.3B$5.62
2025.Q4$13.9B20.7%18.3%19.7%$2.0B−$15.3B−$13.3B7.2%7.6%$35.4B$5.7422.2
italics below = DCF projection · 10yr Rev CAGR: 7.5%
2026.Q4$16.8B+20.6%18.4%19.7%$2.5B−$7.2B−$4.7B7.4%−$4.4B6.4%$42.6B$9.5522.8
2027.Q4$18.4B+9.4%19.0%19.8%$2.8B−$3.9B−$1.1B7.5%−$960MM6.3%$46.5B$10.7720.2
2028.Q4$20.3B+10.1%19.0%19.8%$3.1B−$4.5B−$1.4B7.6%−$1.1B6.3%$51.0B$11.8518.4
2029.Q4$21.6B+6.8%19.0%19.8%$3.3B−$3.3B−$14MM7.8%−$11MM6.3%$54.3B$12.6517.2
2030.Q4$22.9B+5.6%19.0%19.8%$3.5B−$2.9B$625MM7.9%$432MM6.2%$57.2B$13.3616.3
Term. Yr+$29.9B4.1%23.0%20.0%$5.5B−$2.6B$2.9B8.6%$29.9B8.6%
Active scenario IV: $63 (-71.0% vs market)