Accelerant Holdings (ARX) is overvalued and Willis Towers Watson Public Limited Co (WTW) is overvalued.
Both trade above our estimate of their intrinsic value. WTW is the closer of the two: -45%, against -499% for ARX.
Values as of the 19 Oct 2026 close.
Book value and earnings at sector multiples values the shares at $3.31; the price of $19.83 is 499% above that value.
No Leak Score yet
Book value at 2.50x, the multiple a 19.8% return on equity justifies, blended with earnings, values the shares at $216.79; the price of $314.45 is 45% above that value.
Leak Score 42/100 on 12 of 12 signals
| Metric | ARX | WTW |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $19.83 | $314.45 |
| Intrinsic value | $3.31 | $216.79 |
| Margin of safety | -499% | -45% |
| Leak Score | — | 42/100 (12/12) |
| Market cap | $4.3B | $29.2B |
| Revenue growth, 5 years | — | 2.4% |
| Operating margin | 23.4% | 23.4% |
| Net margin | -181.9% | 15.5% |
| Return on equity | -380.1% | 19.8% |
| Debt to equity | 0.17 | 0.92 |
| P/E | — | 19.4x |
| Forward P/E | 21.3x | 13.7x |
| P/B | 6.0x | 3.8x |
| Dividend yield | — | 1.2% |