Home Compare MKL vs NN.AS
Stock Comparison · Structural lead, mixed market

Markel Group vs NN Group N.V.: Which Stock Looks Stronger in 2026?

NN holds the cleaner structural position, with the lead spread across profitability and growth. Markel does not offset that deficit through any equally strong structural edge elsewhere. On the market side, NN is in better shape — its trend is intact while Markel's trend has broken down. That puts structure and market broadly in agreement — NN's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (MKL: Russell 1000, NN.AS: STOXX 600).

Updated 2026-05-17

This is not just a one-metric split: both profitability and growth materially support the lead. The overall score gap is 31 points in favour of NN Group N.V..

Trajectory Similarity
0.63
Moderately similar
Peer-set rank: #8
within Markel Group Inc.'s functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

The pair shares a valid long-term profile match, but the trajectories are not especially close.

The clearest structural overlap shows up in investment intensity and revenue growth trajectory.

Similarity drivers
investment intensityrevenue growth trajectory
What reduces the match
margin consistency
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
MKL
Markel Group Inc.
36
Peer-Score
Signal qualitylow
Peer basis: Russell 1000
vs
NN.AS
NN Group N.V.
67
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: MKL vs NN.AS Profitability 24 88 Stability 36 64 Valuation 72 68 Growth 0 40 MKL NN.AS
Gap Ranking
#1 Profitability +64
#2 Growth +40
#3 Stability +28
#4 Valuation +4
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for MKL and NN.AS Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer MKLNN.AS Relative valuation Structural strength

NN Group N.V. is cheaper, but Markel Group Inc. is still stronger.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where MKL and NN.AS each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY MKL Elevated · above norm 0th 50th 100th 21 pct gap NN.AS Elevated · above norm 0th 50th 100th 78th 99th
Today MKL sits in the upper portion of its own 5-year history (78th percentile), while NN.AS sits higher in its own history (99th). Within each stock's own 5-year context, MKL is at a historically more favourable entry position than NN.AS. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, NN Group N.V. ranks near the top of the group; Markel Group Inc. sits in the weaker half.
Growth
NN Group N.V. holds the stronger peer position on growth.
Profitability — Dominant Gap
MKL
24
NN.AS
88
Gap+64in favour of NN.AS

The profitability lead is mainly driven by a 49-point operating margin advantage.

What keeps the gap from being one-sided

Markel Group Inc. still shows lower market-fundamental divergence, which keeps the wider picture mixed rather than completely one-sided.

What this means for the comparison

The lead is built on both profitability and growth, making it broader than a single-dimension result.

Explore full peer positioning in AssetNext

Break down the MKL vs NN.AS comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-and-growth comparisons

Explore how MKL and NN.AS each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.