MAAS vs WTW vs HGTY Stock Comparison

Maase, Willis Towers Watson and Hagerty Prices as of Oct 29, 2026 Peers: Industry group
MAAS Maase Inc.
$12.23 -24.1% 1M +227.9% 1Y
Market cap
$3.60B
P/E
–
Revenue (TTM)
—
Div. yield
–
Insurance Brokers Financial Services
1 win
WTW Willis Towers Watson Plc
$320.73 +11.1% 1M +1.0% 1Y
Market cap
$30.12B
P/E
19.3x
Revenue (TTM)
$10.27B
Div. yield
0.01%
Insurance Brokers Financial Services
6 wins
HGTY Hagerty, Inc.
$15.46 +14.0% 1M +44.2% 1Y
Market cap
$1.58B
P/E
89.4x
Revenue (TTM)
$1.43B
Div. yield
–
Insurance Brokers Financial Services
4 wins

Head to Head

11 decided of 12

Willis Towers Watson leads on 6 of the 12 questions below (Willis Towers Watson 6, Hagerty 4, Maase 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMAASWTWHGTYLeader
Larger companyMarket capitalisation $3.60B $30.12B $1.58B WTW
Cheaper on earningsLower P/E, profitable companies only -129.3x 19.3x 89.4x WTW
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 15.7x 515.3x WTW
Faster revenue growthRevenue growth, trailing twelve months — +4.8% +5.2% HGTY
More profitableNet margin, trailing twelve months — 15.2% 1.2% WTW
Better return on capitalReturn on invested capital — 12.6% 6.4% WTW
Less leveragedLower net debt / EBITDA — 1.7x -0.9x HGTY
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +227.9% +1.0% +44.2% MAAS
Better 5-year returnAnnualised price return, 5 years -49.2%/yr +5.8%/yr +8.9%/yr HGTY
Less volatileAnnualised volatility, 1 year 106.7% 31.7% 34.0% WTW
Higher overall scoreMean of the five percentile scores vs peers — 32/100 49/100 HGTY

Percentile Scorecard

MAASWTWHGTY

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

AxisMAASWTWHGTY
Valuation 0 #119 of 119 17 #99 of 119 9 #109 of 119
Growth – 36 #73 of 114 76 #28 of 114
Profitability – 64 #39 of 106 44 #60 of 106
Financial Health 85 #16 of 104 12 #92 of 104 68 #34 of 104
Shareholder Returns – 31 #73 of 105 –
Overall – 32 49
  • MAAS ranked among 126 companies in Insurance
  • WTW ranked among 126 companies in Insurance
  • HGTY ranked among 126 companies in Insurance

Price Performance

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

Returns

PeriodMAASWTWHGTYSPY
1 month -24.1%+11.1%+14.0% +0.7%
3 months -32.7%-4.6%+34.1% +3.7%
6 months +26.1%+25.2%+52.2% +7.1%
Year to date +126.5%-2.4%+15.0% +12.8%
1 year +227.9%+1.0%+44.2% +11.9%
3 years -97.0%+37.8%+100.0% +85.2%
3 years, per year -68.9%+11.3%+26.0% +22.8%
5 years -96.6%+32.4%+53.2% +67.6%
5 years, per year -49.2%+5.8%+8.9% +10.9%
10 years —+155.3%— +262.0%
10 years, per year —+9.8%— +13.7%

Risk

MeasureMAASWTWHGTYSPY
Volatility, 1Y 106.7%31.7%34.0% 12.7%
Downside volatility, 1Y 104.2%33.4%33.0% 12.6%
Beta vs S&P 500, 1Y 0.78-0.18-0.04 1.00
Return / volatility, 1Y 2.140.031.30 0.94
Max drawdown, 5Y -99.6%-30.8%-59.7% -25.4%
From 52-week high -42.4%-8.6%-3.1% -1.2%
52-week high $21.24$350.75$15.95 $779.14
52-week low $3.51$242.12$9.67 $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.

MultipleMAASWTWHGTY
P/E now vs peer median -129.3xmedian 10.7x 19.1xmedian 10.7x 89.0xmedian 10.7x
P/S now vs peer median 200.1xmedian 1.4x 2.9xmedian 1.4x 3.7xmedian 1.4x
EV/EBITDA now vs peer median —median 7.5x 12.7xmedian 7.5x 57.6xmedian 7.5x
P/FCF now vs peer median -209.8xmedian 8.5x 17.0xmedian 8.5x 19.1xmedian 8.5x
P/B now vs peer median 8.0xmedian 1.5x 3.8xmedian 1.5x 8.2xmedian 1.5x
PEG now vs peer median —median 0.60 0.97median 0.60 7.07median 0.60

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 monthsMAASWTWHGTY
Revenue – $10.27B $1.43B
Operating income – $2.26B –
Net income – $1.58B $70.03M
Free cash flow – $1.74B $278.49M
EPS (diluted) – $16.64 $0.17
Cash & equivalents $5.46M $1.95B $298.30M
Total debt $11.11M $6.53B $215.95M
Shares (diluted) 295.15M 94.00M 101.80M
Enterprise value $3.59B $21.47B $619.52M

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
MetricMAASWTWHGTY
P/E -129.3x 19.1x 89.0x
P/FCF -209.8x 17.0x 19.1x
P/Operating cash flow – 14.9x 17.3x
P/S 200.1x 2.9x 3.7x
P/B 8.0x 3.8x 8.2x
P/Tangible book 8.2x 4.6x 9.5x
EV/EBITDA – 12.7x 57.6x
EV/EBIT – 15.1x 94.5x
EV/Revenue – 3.3x 3.6x
EV/FCF – 19.6x 18.8x
EV/Operating cash flow – 17.2x 17.0x
PEG (3Y EPS CAGR) – 0.97 7.07

Growth

14 metrics
MetricMAASWTWHGTY
Revenue growth (1Y) – 4.8% 5.2%
Revenue CAGR (3Y) – 3.4% 17.1%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 6.5% –
Operating income CAGR (3Y) – 20.4% –
Net income growth (1Y) – -25.7% -31.3%
Net income CAGR (3Y) – 15.2% 125.4%
EPS growth (1Y) – -22.9% -20.6%
EPS CAGR (3Y) – 19.6% 12.6%
Operating cash flow growth (1Y) – 23.8% 101.6%
Operating cash flow CAGR (3Y) – 18.3% 67.0%
Free cash flow growth (1Y) – 26.2% 111.7%
Free cash flow CAGR (3Y) – 18.6% 118.1%

Profitability

14 metrics
MetricMAASWTWHGTY
Gross margin – – –
EBITDA margin – 26.2% 6.3%
Operating margin – 22.0% –
Pretax margin – 19.6% 2.4%
Net margin – 15.2% 1.2%
FCF margin – 17.0% 19.4%
Operating cash flow margin – 19.3% 21.4%
Return on equity – 20.2% 10.8%
Return on assets – 5.2% 3.4%
Return on invested capital – 12.6% 6.4%
Return on capital employed – 14.4% –
Asset turnover – 0.3x 0.7x
Cash conversion (OCF / net income) – 1.3x 4.4x
Stock comp / revenue – 2.2% 1.3%

Financial Health

11 metrics
MetricMAASWTWHGTY
Debt / assets 1.5% 21.8% 10.1%
Debt / equity 0.0x 0.8x 0.3x
Net debt / EBITDA – 1.7x -0.9x
Debt / FCF – 3.7x 0.8x
Liabilities / assets 6.3% 73.9% 69.8%
Equity / assets 93.7% 26.1% 30.2%
Interest coverage – 7.5x –
Current ratio 10.7x 1.1x –
Quick ratio 0.4x 0.3x –
Cash ratio 0.0x 0.1x –
Altman Z-score – 1.42 –

Shareholder Returns

7 metrics
MetricMAASWTWHGTY
Dividend yield – 1.2% –
Net buyback yield – 4.5% –
Shareholder yield – 5.6% –
Payout ratio (earnings) – 22.5% –
Payout ratio (FCF) – 20.4% –
Dividend growth (1Y) – -0.6% –
Dividend CAGR (3Y) – 0.2% –

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.

ConsensusMAASWTWHGTY
Forward P/E – 15.7xFY2026 515.3xFY2026
EPS, next fiscal year – $20.42FY2026 $0.03FY2026
EPS growth, next FY – +19.6%FY2026 -92.7%FY2026
EPS growth, the year after – +8.1% +1,900.0%
Revenue, next fiscal year – $10.10BFY2026 $1.42BFY2026
Revenue growth, next FY – +4.1%FY2026 -3.1%FY2026
Revenue growth, the year after – +16.0% +10.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMAASWTWHGTY
Held by institutions – 97.1% 26.9%
Institutions holding – 693 129
Change in shares held, QoQ – +0.8% +1.7%
Institutions buying – 314 67
Institutions selling – 280 34
Buyers to sellers – 1.12 1.97

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.

MAASWTWHGTY
MAAS 1.00 0.03 -0.06
WTW 0.03 1.00 0.26
HGTY -0.06 0.26 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MAAS, WTW and HGTY?

Willis Towers Watson (WTW) is the largest by market capitalisation: Maase (MAAS) $3.60B, Willis Towers Watson (WTW) $30.12B, Hagerty (HGTY) $1.58B.

Which stock is cheaper, MAAS, WTW and HGTY?

Willis Towers Watson (WTW) trades on the lowest price-to-earnings ratio (Maase (MAAS) -129.3x, Willis Towers Watson (WTW) 19.3x, Hagerty (HGTY) 89.4x). On next year's consensus earnings, Willis Towers Watson (WTW) is cheapest (Willis Towers Watson (WTW) 15.7x, Hagerty (HGTY) 515.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hagerty (HGTY) grew revenue fastest over the trailing twelve months: Willis Towers Watson (WTW) +4.8%, Hagerty (HGTY) +5.2%.

Which company is more profitable?

Willis Towers Watson (WTW) has the highest net margin (Willis Towers Watson (WTW) 15.2%, Hagerty (HGTY) 1.2%). On return on invested capital, Willis Towers Watson (WTW) leads (Willis Towers Watson (WTW) 12.6%, Hagerty (HGTY) 6.4%).

Which stock has performed better?

Over the past year Maase (MAAS) returned the most: Maase (MAAS) +227.9%, Willis Towers Watson (WTW) +1.0%, Hagerty (HGTY) +44.2%. Over five years, Hagerty (HGTY) compounded fastest (Maase (MAAS) -49.2%/yr, Willis Towers Watson (WTW) +5.8%/yr, Hagerty (HGTY) +8.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Maase (MAAS) 0.00%, Willis Towers Watson (WTW) 0.01%, Hagerty (HGTY) 0.00%. Maase (MAAS) and Hagerty (HGTY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Willis Towers Watson (WTW) has been the steadiest (Maase (MAAS) 106.7%, Willis Towers Watson (WTW) 31.7%, Hagerty (HGTY) 34.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MAAS, WTW and HGTY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Willis Towers Watson (WTW) leads on 6. 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.