Beazley plc (BZLEY) fair value: what the stock is really worth
As of Sep 25, 2026: fair value of Beazley plc $28.63, price $34.50, upside -17.0%, quality 65 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Sep 23, 2026.
How to read this chart
31‑month range $15.38 – $36.88 · fair‑value band $21.51 – $114.52 · the $34.50 price screens above the $28.63 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Sep 23, 2026.
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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.
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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. Beazley plc was founded in 1986 and is based in London, the United Kingdom.
Stock analysis
Beazley plc (BZLEY) currently trades at $34.50, while our model-based Fair Value estimate is $28.63, 17.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of $26.23 per share, and 1 of the 4 models we run sit above the $34.50 price.
Bear case: the Asset-Based group reads lowest at $11.04, and 3 of the 4 models stay below the price. Evidence for this calculation is high.
Scenario range: $21.51 (bear) to $114.52 (bull), the price of $34.50 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Beazley plc reported revenue of $1.1B in FY2025 versus $3.3B in FY2021, a compound −24.7%/yr. Reported net income was $913M in FY2025, compounding +31.2%/yr from FY2021.
Key figures
Market cap $9.7B · P/E ratio 11.9 · P/S ratio 10.3 · EPS (TTM) $2.89 · Dividend yield 1.0% · Net margin 86.3% · Return on equity 19.3% · Return on assets 6.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 68% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at 10% fair-value upside, at −17%, BZLEY screens richer than that median.
Fair Value models
Bear $21.51Fair Value $28.63Bull $114.52
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then ($1.93 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+26.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+25.1%
Dividend (yield on the price)1.0%
Growth Forecast
Little optimism in the price
The price assumes more growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+2.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+125.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −0.4% a year for the price and +120.6% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Specialty · 28 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score65 · Above median
Fair Value upside−17.8% · Below median
Profitability
Return on equity (TTM)19.3% · Top 25%
Return on assets6.0% · Above median
Net margin (TTM)15.4% · Above median
Operating margin (TTM)28.0% · Top 25%
Growth and dividend
Revenue growth1.1% · Below median
Dividend yield (TTM)1.0% · Bottom 25%
Balance sheet
Debt / equity0.11× · Below median
Valuation Multiplesvs Insurance - Specialty median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Beazley plc Fair Value". https://www.fairvalue-calculator.com/stock/BZLEY
Frequently asked questions
Is Beazley plc (BZLEY) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of $28.63 versus the last price from Sep 25, 2026 of $34.50, about −17% upside (overvalued).
What is the fair value of BZLEY?
Our model-based fair value for Beazley plc is $28.63 (as of Sep 23, 2026), built from audited fundamentals. Last price (from Sep 25, 2026): $34.50.
What is the quality score of BZLEY?
Beazley plc has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Beazley plc (BZLEY)?
Our model-based price target is the fair value of $28.63 (as of Sep 23, 2026) from 4 valuation models. Cautious scenario $21.51, optimistic scenario $114.52. It is a calculation from audited fundamentals, not an analyst target.
What is the Beazley plc stock forecast for 2026?
Our models put fair value at $28.63, about −17% upside versus the last price from Sep 25, 2026 of $34.50 (overvalued). Cautious scenario $21.51, optimistic scenario $114.52. The calculation is refreshed regularly with new filings.
Does Beazley plc pay a dividend?
Beazley plc currently shows a dividend yield of about 0.97% relative to its recent price (as of Sep 23, 2026).
What growth is priced into Beazley plc (BZLEY)?
For today's price to be fair in a discounted-cash-flow model, Beazley plc would have to grow free cash flow by +2.0 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew -24.7 % per year. As of Sep 23, 2026.
What discount rate (WACC) does the fair value of BZLEY use?
Our models discount Beazley plc at 8.5 %: a base by market capitalisation (mid), damped by beta 0.30, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Beazley plc that is +2.0 % per year a year over ten years, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Beazley plc (BZLEY) delivered so far?
Over the past 4 years revenue at Beazley plc grew -24.7 % a year. The price currently implies +2.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Beazley plc (BZLEY) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Beazley plc (+2.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Beazley plc (BZLEY)?
The free-cash-flow yield on the price is 6.14 %: that much free cash flow Beazley plc produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Beazley plc (BZLEY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Beazley plc it is $28.63 per share (as of Sep 23, 2026), against a price of $34.50. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is Beazley plc stock overvalued or undervalued in 2026?
As of Sep 23, 2026, BZLEY trades above its calculated fair value: price $34.50, fair value $28.63, a gap of about −17% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BZLEY?
No. The price is what the market pays today ($34.50); the fair value is what the company's own numbers justify ($28.63). For Beazley plc the two are $5.87 per share apart. That gap is exactly why we show both numbers side by side.
How much is Beazley plc worth?
The market values Beazley plc at about $9.7B (market capitalisation, as of Sep 23, 2026). Per share that is $34.50; our models calculate a fair value of $28.63 per share.
What do the bullish and bearish scenarios say about BZLEY?
Our models span a range for Beazley plc: cautious scenario $21.51, base $28.63, optimistic $114.52 per share (as of Sep 23, 2026, price $34.50). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BZLEY?
Beazley plc trades at a price-to-earnings ratio of 11.9 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $28.63 is built from several models across several years. Other multiples: P/B 2.0, P/S 1.6, EV/EBITDA 5.7.
How solid is the balance sheet of Beazley plc (BZLEY)?
Balance-sheet figures for Beazley plc (as of Sep 23, 2026): return on equity 19.3%, debt of 0.11 per unit of equity. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is BZLEY from its 52-week high?
Beazley plc trades at $34.50, about 6% below its 52-week high of $36.88 and 68% above the low of $20.58 (as of Sep 25, 2026). Distance from the high says nothing about value: that is what the fair value of $28.63 is for.
Which stocks are comparable to Beazley plc?
From the same area (Financial Services) we also value Fidelity National Financial, Inc, Medibank Private Limited, AXIS Capital Holdings, First American Financial Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Beazley plc stock attractive at the current price?
The data as of Sep 23, 2026: price $34.50, calculated fair value $28.63 (−17%), Quality Score 65/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BZLEY calculated?
We run Beazley plc through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $28.63, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Beazley plc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Beazley plc (BZLEY)?
The latest price we hold is from Sep 25, 2026 and stands at $34.50. Our model-based fair value is $28.63, about −17% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Beazley plc right now?
The model range is unusually wide ($21.51 to $114.52). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Beazley plc
How large is the market capitalisation of Beazley plc (BZLEY)?
The market capitalisation of Beazley plc is $9.7B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Beazley plc (BZLEY)?
The price-to-sales ratio of Beazley plc is 10.3 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Beazley plc (BZLEY)?
Earnings per share at Beazley plc are $2.89 (price ÷ EPS = P/E 11.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Beazley plc (BZLEY)?
The dividend yield of Beazley plc is 1.0% (payout 11.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Beazley plc (BZLEY)?
The net margin of Beazley plc is 86.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Beazley plc (BZLEY)?
The return on equity (ROE) of Beazley plc is 19.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the return on assets of Beazley plc (BZLEY)?
The return on assets (ROA) of Beazley plc is 6.0% (last twelve months). Profit relative to everything the company owns. Harder to inflate than return on equity because debt does not boost it.
What is the operating margin of Beazley plc (BZLEY)?
The operating margin of Beazley plc is 28.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Beazley plc (BZLEY)?
Revenue at Beazley plc is growing +1.1% versus a year earlier (3y avg +174%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Beazley plc (BZLEY)?
Earnings per share at Beazley plc are growing −6.9% versus a year earlier. How much earnings per share grew versus a year earlier.
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Broad data
Sep 23, 2026