NP vs MAAS vs AON Stock Comparison

Neptune Insurance Holdings, Maase and Aon Prices as of Oct 26, 2026 Peers: Industry group
MAAS Maase Inc.
$12.00 -21.9% 1M +239.9% 1Y
Market cap
$3.54B
P/E
–
Revenue (TTM)
—
Div. yield
–
Insurance Brokers Financial Services
1 win
AON Aon plc
$302.08 +8.7% 1M -10.6% 1Y
Market cap
$64.63B
P/E
16.5x
Revenue (TTM)
$17.58B
Div. yield
0.01%
Insurance Brokers Financial Services
6 wins

Head to Head

10 decided of 12

Aon leads on 6 of the 12 questions below (Aon 6, Neptune Insurance Holdings 3, Maase 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNPMAASAONLeader
Larger companyMarket capitalisation $4.04B $3.54B $64.63B AON
Cheaper on earningsLower P/E, profitable companies only 90.5x -126.9x 16.5x AON
Cheaper on forward earningsLower price / next fiscal year consensus EPS 48.9x — 16.6x AON
Faster revenue growthRevenue growth, trailing twelve months +33.8% — +4.9% NP
More profitableNet margin, trailing twelve months 22.7% — 22.3% NP
Better return on capitalReturn on invested capital 512.4% — 14.8% NP
Less leveragedLower net debt / EBITDA — — 2.5x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.01% –
Better 1-year returnPrice return, last 12 months +7.6% +239.9% -10.6% MAAS
Better 5-year returnAnnualised price return, 5 years — -49.3%/yr -1.0%/yr AON
Less volatileAnnualised volatility, 1 year 60.7% 107.1% 29.2% AON
Higher overall scoreMean of the five percentile scores vs peers 39/100 — 39/100 AON

Percentile Scorecard

NPMAASAON

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

AxisNPMAASAON
Valuation 3 #115 of 119 0 #119 of 119 11 #106 of 119
Growth 78 #26 of 115 – 42 #67 of 115
Profitability 99 #2 of 113 – 85 #18 of 113
Financial Health 10 #103 of 114 89 #14 of 114 5 #108 of 114
Shareholder Returns 4 #103 of 107 – 54 #50 of 107
Overall 39 – 39
  • NP ranked among 126 companies in Insurance
  • MAAS ranked among 126 companies in Insurance
  • AON ranked among 126 companies in Insurance

Price Performance

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

Returns

PeriodNPMAASAONSPY
1 month +3.1%-21.9%+8.7% -0.8%
3 months -8.0%-30.7%-17.7% +3.5%
6 months +7.1%+37.1%-6.7% +7.0%
Year to date -2.7%+122.2%-14.4% +12.2%
1 year +7.6%+239.9%-10.6% +13.0%
3 years —-96.7%-1.6% +86.3%
3 years, per year —-67.8%-0.5% +23.1%
5 years —-96.6%-4.7% +68.6%
5 years, per year —-49.3%-1.0% +11.0%
10 years ——+179.2% +258.0%
10 years, per year ——+10.8% +13.6%

Risk

MeasureNPMAASAONSPY
Volatility, 1Y 60.7%107.1%29.2% 12.7%
Downside volatility, 1Y 56.0%104.1%31.0% 12.7%
Beta vs S&P 500, 1Y 0.110.78-0.31 1.00
Return / volatility, 1Y 0.132.24-0.36 1.02
Max drawdown, 5Y -43.8%-99.6%-34.2% -25.4%
From 52-week high -19.0%-43.5%-20.7% -1.8%
52-week high $35.05$21.24$381.11 $779.14
52-week low $17.14$3.51$269.45 $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.

MultipleNPMAASAON
P/E now vs peer median 87.1xmedian 10.6x -126.9xmedian 10.6x 16.5xmedian 10.6x
P/S now vs peer median 19.8xmedian 1.4x 196.3xmedian 1.4x 3.6xmedian 1.4x
EV/EBITDA now vs peer median —median 7.6x —median 7.6x 14.0xmedian 7.6x
P/FCF now vs peer median 47.5xmedian 8.6x -205.8xmedian 8.6x 19.7xmedian 8.6x
P/B now vs peer median -18.4xmedian 1.5x 7.8xmedian 1.5x 6.6xmedian 1.5x
PEG now vs peer median —median 0.52 —median 0.52 1.35median 0.52

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 monthsNPMAASAON
Revenue $197.00M – $17.58B
Operating income $81.30M – $4.65B
Net income $44.74M – $3.99B
Free cash flow $82.04M – $3.25B
EPS (diluted) $0.31 – $18.30
Cash & equivalents $17.43M $5.46M $1.06B
Total debt $922.00M $11.11M $14.97B
Shares (diluted) 146.39M 295.15M 213.90M
Enterprise value $3.99B $3.53B $57.85B

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
MetricNPMAASAON
P/E 87.1x -126.9x 16.5x
P/FCF 47.5x -205.8x 19.7x
P/Operating cash flow 47.5x – 18.1x
P/S 19.8x 196.3x 3.6x
P/B -18.4x 7.8x 6.6x
P/Tangible book -18.4x 8.0x 15.9x
EV/EBITDA – – 14.0x
EV/EBIT 50.4x – 16.7x
EV/Revenue 20.8x – 4.4x
EV/FCF 49.9x – 23.9x
EV/Operating cash flow 49.9x – 22.0x
PEG (3Y EPS CAGR) – – 1.35

Growth

14 metrics
MetricNPMAASAON
Revenue growth (1Y) 33.8% – 4.9%
Revenue CAGR (3Y) – – 10.9%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 7.0% – 15.4%
Operating income CAGR (3Y) – – 5.9%
Net income growth (1Y) 0.1% – 49.7%
Net income CAGR (3Y) – – 13.4%
EPS growth (1Y) 197.9% – 52.8%
EPS CAGR (3Y) – – 12.2%
Operating cash flow growth (1Y) 53.1% – 12.1%
Operating cash flow CAGR (3Y) – – 3.1%
Free cash flow growth (1Y) 53.1% – 11.5%
Free cash flow CAGR (3Y) – – 3.3%

Profitability

14 metrics
MetricNPMAASAON
Gross margin – – –
EBITDA margin – – 31.6%
Operating margin 41.3% – 26.5%
Pretax margin 34.1% – 28.9%
Net margin 22.7% – 22.3%
FCF margin 41.6% – 18.5%
Operating cash flow margin 41.6% – 20.1%
Return on equity – – 40.6%
Return on assets 43.4% – 7.6%
Return on invested capital 512.4% – 14.8%
Return on capital employed 3,191% – 18.5%
Asset turnover 1.9x – 0.3x
Cash conversion (OCF / net income) 1.8x – 0.9x
Stock comp / revenue 16.2% – 2.1%

Financial Health

11 metrics
MetricNPMAASAON
Debt / assets 206.9% 1.5% 28.1%
Debt / equity -1.0x 0.0x 1.5x
Net debt / EBITDA – – 2.5x
Debt / FCF 2.6x – 4.6x
Liabilities / assets 303.6% 6.3% 81.8%
Equity / assets -203.6% 93.7% 18.2%
Interest coverage 5.4x – 6.2x
Current ratio 0.9x 10.7x 1.0x
Quick ratio 0.3x 0.4x 0.3x
Cash ratio 0.2x 0.0x 0.0x
Altman Z-score 5.39 – 1.52

Shareholder Returns

7 metrics
MetricNPMAASAON
Dividend yield – – 1.0%
Net buyback yield 0.0% – 2.4%
Shareholder yield 0.0% – 3.4%
Payout ratio (earnings) – – 16.5%
Payout ratio (FCF) – – 20.3%
Dividend growth (1Y) – – 9.5%
Dividend CAGR (3Y) – – 11.5%

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.

ConsensusNPMAASAON
Forward P/E 48.9xFY2026 – 16.6xFY2026
EPS, next fiscal year $0.58FY2026 – $18.15FY2026
EPS growth, next FY +41.5%FY2026 – +6.3%FY2026
EPS growth, the year after +25.9% – +8.1%
Revenue, next fiscal year $195.39MFY2026 – $19.12BFY2026
Revenue growth, next FY +22.5%FY2026 – +11.3%FY2026
Revenue growth, the year after +18.6% – +8.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNPMAASAON
Held by institutions 48.8% – 90.5%
Institutions holding 136 – 1,254
Change in shares held, QoQ +3.3% – +3.1%
Institutions buying 105 – 603
Institutions selling 24 – 448
Buyers to sellers 4.38 – 1.35

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.

NPMAASAON
NP 1.00 0.13 0.29
MAAS 0.13 1.00 0.01
AON 0.29 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NP, MAAS and AON?

Aon (AON) is the largest by market capitalisation: Neptune Insurance Holdings (NP) $4.04B, Maase (MAAS) $3.54B, Aon (AON) $64.63B.

Which stock is cheaper, NP, MAAS and AON?

Aon (AON) trades on the lowest price-to-earnings ratio (Neptune Insurance Holdings (NP) 90.5x, Maase (MAAS) -126.9x, Aon (AON) 16.5x). On next year's consensus earnings, Aon (AON) is cheapest (Neptune Insurance Holdings (NP) 48.9x, Aon (AON) 16.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Neptune Insurance Holdings (NP) grew revenue fastest over the trailing twelve months: Neptune Insurance Holdings (NP) +33.8%, Aon (AON) +4.9%.

Which company is more profitable?

Neptune Insurance Holdings (NP) has the highest net margin (Neptune Insurance Holdings (NP) 22.7%, Aon (AON) 22.3%). On return on invested capital, Neptune Insurance Holdings (NP) leads (Neptune Insurance Holdings (NP) 512.4%, Aon (AON) 14.8%).

Which stock has performed better?

Over the past year Maase (MAAS) returned the most: Neptune Insurance Holdings (NP) +7.6%, Maase (MAAS) +239.9%, Aon (AON) -10.6%. Over five years, Aon (AON) compounded fastest (Maase (MAAS) -49.3%/yr, Aon (AON) -1.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Neptune Insurance Holdings (NP) 0.00%, Maase (MAAS) 0.00%, Aon (AON) 0.01%. Neptune Insurance Holdings (NP) and Maase (MAAS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Aon (AON) has been the steadiest (Neptune Insurance Holdings (NP) 60.7%, Maase (MAAS) 107.1%, Aon (AON) 29.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NP, MAAS and AON?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Aon (AON) 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.