BVC vs WTW vs MRSH Stock Comparison

BitVentures, Willis Towers Watson and Marsh & Mclennan Companies Prices as of Oct 27, 2026 Peers: Industry group
BVC BitVentures Ltd
$14.33 +26.3% 1M +1,094.2% 1Y
Market cap
$60.43M
P/E
17.7x
Revenue (TTM)
—
Div. yield
–
Insurance Brokers Financial Services
3 wins
WTW Willis Towers Watson Plc
$319.66 +8.7% 1M -2.2% 1Y
Market cap
$30.14B
P/E
19.3x
Revenue (TTM)
$10.10B
Div. yield
0.01%
Insurance Brokers Financial Services
4 wins

Head to Head

12 decided of 12

Marsh & Mclennan Companies leads on 5 of the 12 questions below (Marsh & Mclennan Companies 5, Willis Towers Watson 4, BitVentures 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBVCWTWMRSHLeader
Larger companyMarket capitalisation $60.43M $30.14B $90.68B MRSH
Cheaper on earningsLower P/E, profitable companies only 17.7x 19.3x 22.4x BVC
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 15.7x 18.7x WTW
Faster revenue growthRevenue growth, trailing twelve months — +3.0% +7.6% MRSH
More profitableNet margin, trailing twelve months — 15.5% 14.2% WTW
Better return on capitalReturn on invested capital — 12.5% 13.1% MRSH
Less leveragedLower net debt / EBITDA — 1.8x 2.7x WTW
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.02% MRSH
Better 1-year returnPrice return, last 12 months +1,094.2% -2.2% +1.6% BVC
Better 5-year returnAnnualised price return, 5 years +18.0%/yr +5.2%/yr +2.6%/yr BVC
Less volatileAnnualised volatility, 1 year 267.1% 31.8% 26.0% MRSH
Higher overall scoreMean of the five percentile scores vs peers — 44/100 36/100 WTW

Percentile Scorecard

BVCWTWMRSH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBVCWTWMRSH
Valuation 9 #108 of 119 17 #99 of 119 10 #107 of 119
Growth – 75 #29 of 114 17 #95 of 114
Profitability – 72 #32 of 110 73 #30 of 110
Financial Health 100 #1 of 110 21 #87 of 110 20 #88 of 110
Shareholder Returns – 37 #67 of 106 59 #44 of 106
Overall – 44 36
  • BVC ranked among 126 companies in Insurance
  • WTW ranked among 126 companies in Insurance
  • MRSH ranked among 126 companies in Insurance

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBVCWTWMRSHSPY
1 month +26.3%+8.7%+11.4% -0.2%
3 months +34.7%+1.1%-0.8% +3.9%
6 months +35.7%+9.9%+11.6% +8.2%
Year to date +1,157.0%-2.7%+2.8% +12.9%
1 year +1,094.2%-2.2%+1.6% +12.3%
3 years +104.4%+39.6%+3.1% +87.4%
3 years, per year +26.9%+11.8%+1.0% +23.3%
5 years +128.5%+28.6%+13.9% +67.9%
5 years, per year +18.0%+5.2%+2.6% +10.9%
10 years —+154.4%+201.8% +261.1%
10 years, per year —+9.8%+11.7% +13.7%

Risk

MeasureBVCWTWMRSHSPY
Volatility, 1Y 267.1%31.8%26.0% 12.7%
Downside volatility, 1Y 111.8%33.4%24.9% 12.7%
Beta vs S&P 500, 1Y 1.60-0.18-0.39 1.00
Return / volatility, 1Y 4.10-0.070.06 0.97
Max drawdown, 5Y -97.3%-30.8%-35.6% -25.4%
From 52-week high -14.7%-8.9%-4.3% -1.2%
52-week high $16.79$350.75$199.34 $779.14
52-week low $0.73$242.12$157.32 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBVCWTWMRSH
P/E now vs peer median 17.7xmedian 10.5x 19.2xmedian 10.5x 22.5xmedian 10.5x
P/S now vs peer median 121.3xmedian 1.4x 2.9xmedian 1.4x 3.2xmedian 1.4x
EV/EBITDA now vs peer median —median 7.6x 12.9xmedian 7.6x 15.6xmedian 7.6x
P/FCF now vs peer median 12.6xmedian 8.5x 17.6xmedian 8.5x 21.8xmedian 8.5x
P/B now vs peer median 4.3xmedian 1.5x 3.8xmedian 1.5x 6.1xmedian 1.5x
PEG now vs peer median —median 0.53 1.05median 0.53 3.35median 0.53

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBVCWTWMRSH
Revenue – $10.10B $28.46B
Operating income – $2.25B $6.09B
Net income – $1.58B $4.12B
Free cash flow – $1.69B $4.15B
EPS (diluted) – $16.65 $8.44
Cash & equivalents $4.46M $1.63B $1.84B
Total debt – $6.53B $20.53B
Shares (diluted) 4.22M 94.00M 479.00M
Enterprise value $13.73M $21.55B $82.84B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBVCWTWMRSH
P/E 17.7x 19.2x 22.5x
P/FCF 12.6x 17.6x 21.8x
P/Operating cash flow – 15.4x 20.2x
P/S 121.3x 2.9x 3.2x
P/B 4.3x 3.8x 6.1x
P/Tangible book 4.4x 4.7x 8.7x
EV/EBITDA – 12.9x 15.6x
EV/EBIT – 15.4x 17.9x
EV/Revenue – 3.4x 3.8x
EV/FCF – 20.5x 26.3x
EV/Operating cash flow – 18.0x 24.4x
PEG (3Y EPS CAGR) – 1.05 3.35

Growth

14 metrics
MetricBVCWTWMRSH
Revenue growth (1Y) – 3.0% 7.6%
Revenue CAGR (3Y) – 3.6% 8.6%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 140.2% -1.0%
Operating income CAGR (3Y) – 20.3% 7.8%
Net income growth (1Y) – 972.1% -1.9%
Net income CAGR (3Y) – 13.2% 5.5%
EPS growth (1Y) – 1,115% 1.0%
EPS CAGR (3Y) – 18.3% 6.7%
Operating cash flow growth (1Y) – 36.7% -12.1%
Operating cash flow CAGR (3Y) – 25.0% 4.0%
Free cash flow growth (1Y) – 43.3% -13.9%
Free cash flow CAGR (3Y) – 26.9% 5.1%

Profitability

14 metrics
MetricBVCWTWMRSH
Gross margin – – –
EBITDA margin – 26.4% 24.6%
Operating margin – 22.2% 21.4%
Pretax margin – 19.8% 18.9%
Net margin – 15.5% 14.2%
FCF margin – 16.7% 14.6%
Operating cash flow margin – 19.0% 15.7%
Return on equity – 19.9% 27.2%
Return on assets – 5.2% 6.9%
Return on invested capital – 12.5% 13.1%
Return on capital employed – 15.1% 16.2%
Asset turnover – 0.3x 0.5x
Cash conversion (OCF / net income) – 1.2x 1.1x
Stock comp / revenue – 1.9% 1.5%

Financial Health

11 metrics
MetricBVCWTWMRSH
Debt / assets – 21.4% 34.3%
Debt / equity – 0.8x 1.4x
Net debt / EBITDA – 1.8x 2.7x
Debt / FCF – 3.9x 4.9x
Liabilities / assets 2.0% 74.6% 75.1%
Equity / assets 98.0% 25.4% 24.9%
Interest coverage – 7.9x 6.3x
Current ratio 44.8x 1.1x 1.1x
Quick ratio 44.1x 0.3x 0.5x
Cash ratio 44.1x 0.1x 0.1x
Altman Z-score – 1.38 2.74

Shareholder Returns

7 metrics
MetricBVCWTWMRSH
Dividend yield – 1.2% 2.0%
Net buyback yield – 5.7% 3.2%
Shareholder yield 0.0% 6.9% 5.2%
Payout ratio (earnings) – 22.7% 43.6%
Payout ratio (FCF) – 21.1% 43.3%
Dividend growth (1Y) – 0.0% 8.4%
Dividend CAGR (3Y) – 0.0% 13.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBVCWTWMRSH
Forward P/E – 15.7xFY2026 18.7xFY2026
EPS, next fiscal year – $20.42FY2026 $10.21FY2026
EPS growth, next FY – +19.6%FY2026 +4.7%FY2026
EPS growth, the year after – +8.1% +15.4%
Revenue, next fiscal year $328.34MFY2024 $10.10BFY2026 $30.28BFY2026
Revenue growth, next FY +13.9%FY2024 +4.1%FY2026 +12.2%FY2026
Revenue growth, the year after +18.0% +16.0% +6.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBVCWTWMRSH
Held by institutions – 97.1% 93.9%
Institutions holding – 692 1,497
Change in shares held, QoQ – +0.8% +2.8%
Institutions buying – 314 625
Institutions selling – 280 652
Buyers to sellers – 1.12 0.96

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BVCWTWMRSH
BVC 1.00 0.08 0.10
WTW 0.08 1.00 0.69
MRSH 0.10 0.69 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BVC, WTW and MRSH?

Marsh & Mclennan Companies (MRSH) is the largest by market capitalisation: BitVentures (BVC) $60.43M, Willis Towers Watson (WTW) $30.14B, Marsh & Mclennan Companies (MRSH) $90.68B.

Which stock is cheaper, BVC, WTW and MRSH?

BitVentures (BVC) trades on the lowest price-to-earnings ratio (BitVentures (BVC) 17.7x, Willis Towers Watson (WTW) 19.3x, Marsh & Mclennan Companies (MRSH) 22.4x). On next year's consensus earnings, Willis Towers Watson (WTW) is cheapest (Willis Towers Watson (WTW) 15.7x, Marsh & Mclennan Companies (MRSH) 18.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Marsh & Mclennan Companies (MRSH) grew revenue fastest over the trailing twelve months: Willis Towers Watson (WTW) +3.0%, Marsh & Mclennan Companies (MRSH) +7.6%.

Which company is more profitable?

Willis Towers Watson (WTW) has the highest net margin (Willis Towers Watson (WTW) 15.5%, Marsh & Mclennan Companies (MRSH) 14.2%). On return on invested capital, Marsh & Mclennan Companies (MRSH) leads (Willis Towers Watson (WTW) 12.5%, Marsh & Mclennan Companies (MRSH) 13.1%).

Which stock has performed better?

Over the past year BitVentures (BVC) returned the most: BitVentures (BVC) +1,094.2%, Willis Towers Watson (WTW) -2.2%, Marsh & Mclennan Companies (MRSH) +1.6%. Over five years, BitVentures (BVC) compounded fastest (BitVentures (BVC) +18.0%/yr, Willis Towers Watson (WTW) +5.2%/yr, Marsh & Mclennan Companies (MRSH) +2.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Marsh & Mclennan Companies (MRSH) has the highest dividend yield: BitVentures (BVC) 0.00%, Willis Towers Watson (WTW) 0.01%, Marsh & Mclennan Companies (MRSH) 0.02%. BitVentures (BVC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Marsh & Mclennan Companies (MRSH) has been the steadiest (BitVentures (BVC) 267.1%, Willis Towers Watson (WTW) 31.8%, Marsh & Mclennan Companies (MRSH) 26.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BVC, WTW and MRSH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Marsh & Mclennan Companies (MRSH) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.