Mulya.ai
Ticker
MRSH
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?7.4%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.731
Beta (levered) ?0.861
Terminal OM% ?23.0%
Segment conc. ?63% dominant
Terminal growth ?4.1%
Bond rating ?A+ · 1.00%
ROIC option ?Opt 2 · 13.1%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

MRSH · Marsh & McLennan Companies, Inc.

$174.612026-05-17
Sector: Financial Services; Industry: Insurance - Brokers; Sub-Industry: Insurance Brokers

Intrinsic Value Range Comparison · Mulya.ai

Bull
$172
-1.4% vs market
Base · active
$142
-18.8% vs market
Bear
$141
-19.4% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $141
Base $142
Bull $172
Market $175
Median $210
Market Price $175
Mulya.ai Base $142
Analysts Median $210
Mulya.ai IV range ($141 · $172)
Analysts Range ($190 · $257)
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$19.8B21.8%24.6%$3.3B−$1.3B$1.9B5.8%15.8%$20.5B$6.41
2022.Q4$20.7B4.5%20.7%24.4%$3.2B−$812MM$2.4B7.1%15.6%$20.9B$6.22
2023.Q4$22.7B9.7%23.2%24.4%$4.0B−$1.6B$2.4B6.9%18.4%$22.6B$7.67
2024.Q4$24.5B7.6%23.8%24.9%$4.4B−$9.1B−$4.7B7.5%16.2%$31.2B$8.29
2025.Q4$27.0B10.3%23.1%23.6%$4.8B−$33MM$4.7B7.4%15.0%$32.3B$8.4913.7
italics below = DCF projection · 10yr Rev CAGR: 4.6%
2026.Q4$28.3B+4.9%23.1%23.2%$5.0B−$1.6B$3.4B7.5%$3.2B15.2%$33.9B$10.2417.1
2027.Q4$29.8B+5.2%23.1%22.9%$5.3B−$1.8B$3.5B7.6%$3.0B15.2%$35.7B$10.8316.1
2028.Q4$31.5B+5.7%23.1%22.5%$5.6B−$2.0B$3.6B7.7%$2.9B15.3%$37.7B$11.4915.2
2029.Q4$33.0B+4.8%23.1%22.1%$5.9B−$1.8B$4.1B7.8%$3.0B15.3%$39.6B$12.1014.4
2030.Q4$34.4B+4.5%23.1%21.8%$6.2B−$1.8B$4.4B8.0%$3.0B15.4%$41.4B$12.7013.7
Term. Yr+$44.2B4.1%23.0%20.0%$8.1B−$2.5B$5.6B8.6%$57.5B13.1%
Active scenario IV: $142 (-18.8% vs market)