Watch White Mountains Insurance Group Ltd for free: we tell you when fair value or trend changes.

White Mountains Insurance Group Ltd (WTM) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of White Mountains Insurance Group Ltd stock $4,067, price $2,241, upside +81.5%, quality 66 out of 100. Rating: strongly undervalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.

6 models, one by oneBear $3,021 to bull $5,189 Growth analysisrevenue history, year by year Quality 66/100 in detail37 factors, each one shown Compared with its peersrank on every measure, side by side

Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Financial Services US · ISIN BMG9618E1075

Some data Nov 8, 2026

White Mountains Insurance Group Ltd

WTM · US

Meets all rules

The stock costs 45% less than our calculation considers fair.

Fair value $4,067 · Strongly undervalued

Quality 66/100

Highly profitable · 35.2% net margin (TTM) · excl. goodwill write-downs +35.9%

Low debt

Ranks above peers (9/14)

Costs just 6 times its yearly profit.

Expensive Growth (revenue 5y +24.8 %/yr in USD)

Moderate moat 59/100 · thin data

Neutral coverage

Some data

Negative free cash flow

Risks from the AI analysis

🚩Dependence on top carrier partners

Watch White Mountains Insurance Group Ltd for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.

How to read this chart

60‑month range $983.71 – $2,376 · fair‑value band $3,021 – $5,189 · the $2,241 price screens below the $4,067 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 4 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.

Follow White Mountains Insurance Group in your weekly email

Every Wednesday you see whether White Mountains Insurance Group is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

White Mountains Insurance Group, Ltd. provides insurance services in the United States, the United Kingdom, Bermuda, and internationally. It operates through Ark/WM Outrigger, HG Global, Kudu, Distinguished, and Other Operations segments.

Show moreShow less

The company offers property insurance and reinsurance; specialty insurance and reinsurance consisting of aviation, contingency, cyber, fine art and specie, mortgage, nuclear, political and credit, space, surety, and terrorism and political violence; marine and energy insurance and reinsurance; casualty insurance and reinsurance, such as medical malpractice, and professional and general liability; and accident and health insurance and reinsurance, which includes personal accident, sickness, disability, travel, short-term life, and medical products through brokers, managing general agents (MGA), and reinsurance intermediaries.

It also provides municipal bond guarantee reinsurance, which focuses on single risk limits for small-to-medium sized, and public investment grade municipal bonds that are issued to finance public purpose projects, including schools, utilities, and transportation facilities.

In addition, the company offers capital solutions for boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisition and growth finance, and legacy partner liquidity; strategic advice; investment management; and specialty electrical contracting services.

Further, it operates as a full-service MGA and program administrator for specialty property and casualty insurance for the real estate and hospitality end markets, and start-up programs; and an MGA for leisure travel and global expatriate medical insurance in Israel, the European Union, and Australia.

The company was formerly known as Fund American Enterprises Holdings, Inc. and changed its name to White Mountains Insurance Group, Ltd. in 1999. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.

Stock analysis

White Mountains Insurance Group Ltd (WTM) currently trades at $2,241, while our model-based Fair Value estimate is $4,067, implying the stock looks roughly 45% undervalued today.

Valuation

Bull case: the Multiples group reads highest at a median of $4,151 per share, and 3 of the 6 models we run sit above the $2,241 price.

Bear case: the Asset-Based group reads lowest at $1,089, and 3 of the 6 models stay below the price. Data coverage for this calculation is medium.

Scenario range: $3,021 (bear) to $5,189 (bull), the price of $2,241 sits below 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 66/100 (solid quality), in the Financial Services sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

White Mountains Insurance Group Ltd reported revenue of $2.7B in FY2025 versus $614M in FY2021, a compound +44.9%/yr. Reported net income was $1.1B in FY2025.

Key figures

Market cap $5.4B Mid · P/E ratio 6.0 · P/S ratio 1.96 · EPS (TTM) $374.58 · Dividend yield 0.0% · Net margin 35.2% · Return on equity 16.6% · Return on assets (EBIT) 3.0% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 59 out of 100 (low confidence).

What moves the price

The share trades about 6% below its 52-week high and 19% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at 81%, WTM screens cheaper than that median.

Fair Value models

Bear $3,021 Fair Value $4,067 Bull $5,189

Price $2,241 · Upside +81.5%

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($320.36 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. Coverage ⓘCoverage = 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.

Best data coverage

Residual Income $3,021 $4,067 $7,525 72

DDM Multi-Stage $10.46 $18.70 $23.78 66

Gordon GGM $10.46 $22.81 $38.31 65

All 6 models by family

Dividend Discount

Gordon GGM $10.46 $22.81 $38.31 65

DDM Multi-Stage $10.46 $18.70 $23.78 66

Multiples

P/E Multiple $4,520 $6,026 $7,533 63

P/B Multiple $1,707 $2,276 $2,845 55

Asset-Based

NCAV (Graham) $812.75 $1,089 $1,626 54

Economic Profit

Residual Income $3,021 $4,067 $7,525 72

Open the full fair value analysis →

Quality Score breakdown

Overall quality 66/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 52

How much profit the company makes from its sales and capital

Quality Growth 82

Are margins and returns getting better?

Cashflow 43

Do the profits arrive as real cash?

Financial strength 64

Debt, balance sheet and risk of trouble

Investment 50

Does it invest with discipline instead of growing at any price?

Low Volatility 95

How calm the share price moves, does not count

Price momentum 49

Price momentum of the last 3 to 12 months, does not count

Near the 52-week high 63

Distance to the 52-week high, does not count

New shares 100

Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, no officer or director bought or sold shares on the open market.

SaleGeorge Manning RountreeChief Executive Officer, Director5,000 shares at $2,050$10.3MDec 19, 2025
SaleReid Tarlton CampbellDirector5,000 shares at $2,050$10.3MDec 19, 2025
SalePhilip A GelstonDirector165 shares at $2,049$338,004Dec 16, 2025

Plus 11 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗

Revenue & earnings trend

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. 62/100

The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Revenue growth 1 year

+15.0%

Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+32.7%

Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

+24.8%

Start year 2020 (pandemic). Over 10 years: +19.9% a year

Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.

−0.5%

’14

’15

’16

’17

’18

’19

’20

’21

’22

’23

’24

’25

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. Basis: adjusted.

+27.3%

Earnings growth per share plus dividend.

Earnings per share, growth per year+27.3%

Dividend (yield on the price)0.0%

Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.19.1% vs 23.8%, slowing

Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.74% → 49%

Pace: the 5-year rate starts in 2020 (pandemic)

Watch WTM, get fair value alerts →

Recent news

News mood ⓘNews mood, the average tone of recent news (88 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation. Neutral

Recent news coverage is roughly neutral, about typical for how stocks are covered.

White Mountains: Q3 Earnings Snapshot Yahoo Finance · Nov 5, 2026
WHITE MOUNTAINS REPORTS THIRD QUARTER RESULTS Yahoo Finance · Nov 5, 2026
White Mountains Insurance Group (WTM) Stock May Be 40% Below Fair Value As Excess Returns Hold Yahoo Finance · Oct 18, 2026
How Efficiency and AI Support White Mountains Insurance Group, Ltd.’s (WTM) Revaluation Thesis Yahoo Finance · Oct 16, 2026

Note from the team Oct 11, 2026

AI conclusion: Moderate moat potential in capital allocation and specialty underwriting stands as main strength, offset by limited differentiation and negative operating cash flow as key weaknesses.

Main risk: If key carrier partners for Distinguished withdraw support or reduce capacity, the MGA's managed premiums and fee income could decline sharply.

Bull case: White Mountains could diversify Distinguished's carrier relationships and expand fee-based platforms like Kudu to reduce reliance on any single partner while leveraging its capital allocation expertise.

Bear case: Loss of support from top carriers could sharply reduce Distinguished's contribution to group earnings and limit White Mountains' ability to deploy capital into attractive insurance opportunities.

White Mountains pairs specialty underwriting at Ark with investment platforms like Kudu. Its reinsurance vehicle is stepping back from new 2026 business after earlier capital distributions. Will the narrower insurance focus plus freed capital deliver more consistent results than pure P&C peers, or will returns from the investment side dominate the outcome?

Join the discussion →

Compare White Mountains Insurance Group Ltd with another stock

Price, fair value, quality and upside side by side.

First stock

Second stock

Free, no sign-up

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 - Property & Casualty · 100 stocks

Beats the industry median on 9/14 measures

Overall it ranks above its industry peers.

Valuation

Quality Score 66 · Above median

Fair Value upside +81.5% · Top 25%

Profitability

Return on equity (12 months) 16.6% · Above median

Return on assets 9.0% · Top 25%

Net margin (12 months) 35.2% · Top 25%

Operating margin (12 months) 4.3% · Bottom 25%

Growth and dividend

Revenue growth (quarter YoY) −25.8% · Bottom 25%

Dividend yield (12 months) 0.0% · Bottom 25%

Balance sheet

Debt / equity 0.15× · Below median

Valuation Multiplesvs Insurance - Property & Casualty median · lower = cheaper

P/E (12 months) 6.0× · Cheapest 25%

P/B 0.99× · Cheaper than median

P/S (12 months) 1.96× · Priciest 25%

EV/EBITDA 11.0× · Pricier than median

PEG 0.81× · Cheapest 25%

Strength profile in five axes (Snowflake)

This stock

Sector peers

VALUE (fair-value potential)100 · sector 8

FUTURE (revenue growth)0 · sector 25

PAST (return on equity)66 · sector 61

HEALTH (low debt)92 · sector 90

DIVIDEND (yield)1 · sector 47

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Insurance - Property & Casualty stocks, each showing price versus our Fair Value estimate.

Stock	Price	Fair Value	vs Fair Value	Compare
The People's Insurance Company 601319	¥7.26	¥9.01	+24%	vs WTM
Fairfax Financial Holdings FFH	C$2,673	C$3,076	+15%	vs WTM
The Allstate Corporation ALL	$254.81	$290.52	+14%	vs WTM
PICC Property and Casualty Company 2328	HK$17.25	HK$19.02	+10%	vs WTM
Cincinnati Financial Corporation CINF	$185.48	$144.19	−22%	vs WTM
The Progressive Corporation PGR	$227.77	$160.75	−29%	vs WTM
Chubb Limited CB	$365.02	$235.99	−35%	vs WTM
The Travelers Companies, Inc TRV	$395.20	$254.84	−36%	vs WTM
Intact Financial Corporation IFC	C$276.00	C$168.64	−39%	vs WTM
W. R. Berkley Corporation WRB	$75.23	$43.28	−42%	vs WTM

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks Technology Financial Services Healthcare Consumer Cyclical Consumer Defensive Communication Services Industrials Energy Basic Materials Real Estate Utilities Deeply Undervalued Stocks Undervalued High-Quality Stocks Undervalued Blue-Chip Stocks Undervalued Small-Cap Stocks Undervalued Dividend Stocks Undervalued 52-Week Low Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator

Run the numbers yourself: free valuation calculators

DCF Calculator P/E Ratio Calculator PEG Ratio Calculator Graham Number Peter Lynch Formula DDM Calculator Intrinsic Value Intrinsic vs Extrinsic Value P/E Ratio by Sector

For bloggers & editors: embed code + live data

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.

White Mountains Insurance Group Ltd: fair value per Fair Value Calculator

<a href="https://www.fairvalue-calculator.com/stock/WTM?utm_source=embed&amp;utm_medium=badge" target="_blank" rel="nofollow noopener"><img src="https://www.fairvalue-calculator.com/embed/WTM.US.svg" width="360" height="84" alt="White Mountains Insurance Group Ltd: fair value per Fair Value Calculator" style="border:0;max-width:100%" loading="lazy"></a>

Cite: Fair Value Calculator (2026). "White Mountains Insurance Group Ltd Fair Value". https://www.fairvalue-calculator.com/stock/WTM

Frequently asked questions

Is White Mountains Insurance Group Ltd (WTM) overvalued or undervalued?

As of Nov 8, 2026, our model estimates a fair value of $4,067 versus a price of $2,241, about +81% upside (undervalued).

What is the fair value of WTM?

Our model-based fair value for White Mountains Insurance Group Ltd is $4,067 (as of Nov 8, 2026), built from audited fundamentals. The current price: $2,241.

What is the quality score of WTM?

White Mountains Insurance Group Ltd has a Quality Score of 66/100. 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 White Mountains Insurance Group Ltd (WTM)?

Our model-based price target is the fair value of $4,067 (as of Nov 8, 2026) from 6 valuation models. Cautious scenario $3,021, optimistic scenario $5,189. It is a calculation from audited fundamentals, not an analyst target.

What is the White Mountains Insurance Group Ltd stock forecast for 2026?

Our models put fair value at $4,067, about +81% upside versus a price of $2,241 (undervalued). Cautious scenario $3,021, optimistic scenario $5,189. The calculation is refreshed regularly with new filings.

What is the revenue of White Mountains Insurance Group Ltd (WTM)?

White Mountains Insurance Group Ltd reported trailing-twelve-month revenue of about $2.8B (latest available figure, as of Nov 8, 2026).

Does White Mountains Insurance Group Ltd pay a dividend?

White Mountains Insurance Group Ltd currently shows a dividend yield of 0.04% relative to its recent price (as of Nov 8, 2026).

How much is the dividend of White Mountains Insurance Group Ltd (WTM) and when is the ex-dividend date?

White Mountains Insurance Group Ltd pays a dividend of $1.00 per share a year, a dividend yield of 0.0%. The last ex-dividend date was Mar 16, 2026. A dividend has been paid every year since 1995. The payout ratio is 0.3% of earnings (on adjusted earnings, reported 0.3%). Our assessment: Token dividend. At a yield of 0.0% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.0% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.

What is the intrinsic value of White Mountains Insurance Group Ltd (WTM)?

Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For White Mountains Insurance Group Ltd it is $4,067 per share (as of Nov 8, 2026), against a price of $2,241. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).

Is White Mountains Insurance Group Ltd stock overvalued or undervalued in 2026?

As of Nov 8, 2026, WTM trades below its calculated fair value: price $2,241, fair value $4,067, a gap of about +81% (undervalued). 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 WTM?

No. The price is what the market pays today ($2,241); the fair value is what the company's own numbers justify ($4,067). For White Mountains Insurance Group Ltd the two are $1,826 per share apart. That gap is exactly why we show both numbers side by side.

How much is White Mountains Insurance Group Ltd worth?

The market values White Mountains Insurance Group Ltd at about $5.4B (market capitalisation, as of Nov 8, 2026). Per share that is $2,241; our models calculate a fair value of $4,067 per share.

What do the bullish and bearish scenarios say about WTM?

Our models span a range for White Mountains Insurance Group Ltd: cautious scenario $3,021, base $4,067, optimistic $5,189 per share (as of Nov 8, 2026, price $2,241). The range comes from different growth and margin assumptions, not from analyst opinions.

What is the P/E ratio of WTM?

White Mountains Insurance Group Ltd trades at a price-to-earnings ratio of 6.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $4,067 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 5.5 (reported for FY2025: 5.2). Median P/E at fiscal year-end, 5 fiscal years (2019 to 2025), earnings ex one-offs: 12.4. Other multiples: PEG 0.8, P/B 1.0, P/S 2.0, EV/EBITDA 11.0.

What is the PEG ratio of WTM?

The PEG ratio of White Mountains Insurance Group Ltd is 0.81 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.

How solid is the balance sheet of White Mountains Insurance Group Ltd (WTM)?

Balance-sheet figures for White Mountains Insurance Group Ltd (as of Nov 8, 2026): return on equity 16.6%, debt of 0.15 per unit of equity. They feed the Quality Score of 66/100, which measures business quality independently of the share price.

How far is WTM from its 52-week high?

White Mountains Insurance Group Ltd trades at $2,241, about 6% below its 52-week high of $2,376 and 19% above the low of $1,881 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $4,067 is for.

Which stocks are comparable to White Mountains Insurance Group Ltd?

From the same area (Financial Services) we also value Chubb Limited, The Progressive Corporation, The Travelers Companies, Inc, The Allstate 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 White Mountains Insurance Group Ltd stock attractive at the current price?

The data as of Nov 8, 2026: price $2,241, calculated fair value $4,067 (+81%), Quality Score 66/100, from 6 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 WTM calculated?

We run White Mountains Insurance Group Ltd through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $4,067 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. White Mountains Insurance Group Ltd currently trades 45% below its own fair value, and the market average says nothing about that. 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 White Mountains Insurance Group Ltd (WTM)?

The closing price on Nov 6, 2026 was $2,241. Our model-based fair value is $4,067, about +81% upside (undervalued). We carry closing prices from our data provider, not a live tick.

What should I pay attention to with White Mountains Insurance Group Ltd right now?

The price is below even our cautious bear case ($3,021). The market is more pessimistic than our downside scenario. Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality. 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 White Mountains Insurance Group Ltd

How large is the market capitalisation of White Mountains Insurance Group Ltd (WTM)?

The market capitalisation of White Mountains Insurance Group Ltd is $5.4B. 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 White Mountains Insurance Group Ltd (WTM)?

The price-to-sales ratio of White Mountains Insurance Group Ltd is 1.96 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.

What are the earnings per share of White Mountains Insurance Group Ltd (WTM)?

Earnings per share at White Mountains Insurance Group Ltd are $374.58 (price ÷ EPS = P/E 6.0). Earnings per share over the last twelve months: total profit spread across every single share.

What is the dividend yield of White Mountains Insurance Group Ltd (WTM)?

The dividend yield of White Mountains Insurance Group Ltd is 0.0% (payout 0.3%, on adjusted earnings, reported 0.3%). 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 White Mountains Insurance Group Ltd (WTM)?

The net margin of White Mountains Insurance Group Ltd is 35.2% (last twelve months). 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 White Mountains Insurance Group Ltd (WTM)?

The return on equity (ROE) of White Mountains Insurance Group Ltd is 16.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.

What is the EBIT return on assets of White Mountains Insurance Group Ltd (WTM)?

On an EBIT basis the return on assets of White Mountains Insurance Group Ltd is 3.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.

What is the operating margin of White Mountains Insurance Group Ltd (WTM)?

The operating margin of White Mountains Insurance Group Ltd is 4.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.

How fast is revenue growing at White Mountains Insurance Group Ltd (WTM)?

Revenue at White Mountains Insurance Group Ltd is growing −25.8% versus a year earlier (3y avg +32.7%). 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 White Mountains Insurance Group Ltd (WTM)?

Earnings per share at White Mountains Insurance Group Ltd are growing +68.8% versus a year earlier. How much earnings per share grew versus a year earlier.

How much free cash flow does White Mountains Insurance Group Ltd (WTM) generate?

The free cash flow of White Mountains Insurance Group Ltd is −$7.2M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.

How much net debt does White Mountains Insurance Group Ltd (WTM) carry?

The net debt of White Mountains Insurance Group Ltd is $652M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.

Free · no account needed

Watch White Mountains Insurance Group Ltd in the live analysis

One click puts White Mountains Insurance Group Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.