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Beazley plc (BEZ) Fair Value & Analysis

Financial Services · GB · Market cap 7.6B GBX

BP Beazley plc BEZ · LSE
Price£12.85
Fair Value£20.51
Upside+59.7%
Quality70/100
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Evidence: High Range £15.39 – £25.64

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 7 days ago

Share price +0.4% over the past month.

Price vs Fair Value (12 months)

£12.85 £7.52 Fair Value £20.51 Jul 2025 Jul 2026

12‑month range £7.52 – £12.85 · fair‑value band £15.39 – £25.64 · the £12.85 price screens below the £20.51 fair value. As of Jun 26, 2026.

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Analysis

Beazley plc (BEZ) currently trades at £12.85, while our model-based Fair Value estimate is £20.51 — implying the stock looks roughly 59.7% undervalued today. We read business quality at 70/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Beazley plc generated revenue of £5.9B at a net margin of 15.4%. Revenue grew 1.1% year over year. It earns a return on equity of 19.3%. The balance sheet holds a net cash position of £742M. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 5.9B GBX
Revenue growth (YoY) +1.1%
Net margin 15.4%
Return on equity 19.3%
Free cash flow 957M GBX FY2025
P/E ratio 11.9
More key figures
Operating margin 28.0%
EPS (TTM) £1.08
Dividend yield 2.6%
EPS growth (YoY) -6.9%
Net cash 742M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Beazley plc, through its subsidiaries, provides risk insurance and reinsurance solutions in the United States, the United Kingdom, and rest of Europe. The company operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risks segment underwrites cyber and technology risks. The Digital segment underwrites various marine, contingency, and SME liability risks through digital channels, such as e-trading platforms and broker portals. The MAP Risks segment underwrites marine, portfolio underwriting and political, and contingency business. The Property Risks segment underwrites first-party property risks and reinsurance business. The Specialty Risks segment underwrites liability classes, including employment practices risks, and directors and officers, as well as healthcare, lawyers, and international financial institutions. It also underwrites life, health, and personal accident; and jewelry, fine art, and specie products risk insurance. …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Beazley plc reported revenue of £6.9B in FY2025 versus £3.3B in FY2021, a compound +20.2%/yr. Reported net income was £933M in FY2025, compounding +31.8%/yr from FY2021.

Revenue +20.2%/yr
FY21 £3.3B
FY22 £3.5B
FY23 £5.1B
FY24 £5.9B
FY25 £6.9B
Net income +31.8%/yr
FY21 £309M
FY22 £483M
FY23 £1.0B
FY24 £1.1B
FY25 £933M

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6 more Insurance - Specialty stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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Medibank Private Limited MDBPF $3.90 $1.97 -49%
Ryan Specialty Holdings RYAN $34.67 $20.21 -42%
AXIS Capital Holdings AXS $103.39 $128.01 +24%
First American Financial Corporation FAF $65.90 $131.80 +100%
Enact Holdings ACT $42.57 $49.68 +17%

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Frequently asked questions

Is Beazley plc (BEZ) undervalued?
As of Jun 26, 2026, our model estimates a fair value of £20.51 versus a price of £12.85 — about +60% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BEZ?
Our model-based fair value for Beazley plc is £20.51 (as of Jun 26, 2026), built from audited fundamentals. The current price is £12.85.
What is the quality score of BEZ?
Beazley plc has a Quality Score of 70/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Beazley plc (BEZ)?
Beazley plc reported trailing-twelve-month revenue of about £5.9B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BEZ?
The net profit margin of Beazley plc is about 15.4%, meaning it keeps roughly 15.4% of revenue as net income. Based on the latest reported figures.
Does Beazley plc pay a dividend?
Beazley plc currently shows a dividend yield of about 2.62% relative to its recent price (as of Jun 26, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.