Compare Stocks › MS vs TRV
Morgan Stanley (MS) vs The Travelers Companies, Inc. (TRV)
MS
Morgan Stanley
$158.55
VS
TRV
The Travelers Companies, Inc.
$296.84
Rewards
MS
- ★Gross margin of 87.1% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Each dollar of retained earnings has created $6.65 of market value — management is an exceptional capital allocator.
- ★PEG ratio of 0.75 suggests the stock is undervalued relative to its growth rate — paying less than 1x for each unit of earnings growth.
TRV
- ★Free cash flow has grown at a 17.9% CAGR over the past 4 years, demonstrating strong earnings power growth.
- ★Each dollar of retained earnings has created $1.71 of market value — management is creating shareholder value.
- ★FCF yield of 18.3% is historically attractive — the business generates significant cash relative to its price.
Risks
MS
- ⚠High leverage (4.56x debt/equity) combined with thin interest coverage (-1.0x) poses financial risk.
- ⚠Altman Z-Score of 0.29 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.
- ⚠7 insider sales totaling $25.2M with no purchases in the past 3 months — insiders are reducing their exposure.
TRV
- ⚠The Travelers Companies, Inc. scores only 20/100 on the Economic Moat Score, suggesting limited durable competitive advantages.
- ⚠Altman Z-Score of 1.22 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.
- ⚠15 insider sales totaling $47.7M with no purchases in the past 3 months — insiders are reducing their exposure.
Key Valuation Metrics
Learn more →MS
TRV
Valuation
N/A
Free Cash Flow
$12.10B
N/A
FCF Yield
18.27%
15.53
Trailing P/E
10.82
12.89
Forward P/E
10.48
Quality & Moat
3.43%
ROIC
23.55%
14.42%
ROE
19.12%
87.06%
Gross Margin
29.37%
0.75
PEG Ratio
0.46
Balance Sheet Safety
4.56
Debt / Equity
0.29
N/A
Interest Coverage
N/A
N/A
Net Debt / EBITDA
0.35
2.52%
Dividend Yield
1.48%
MS: 2Ties: 1TRV: 6
MSTRV
Historical Fundamentals
Learn more →MS
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
TRV
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →MS
$6.65
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$20.84B
Δ Market Cap
+$138.59B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
TRV
$1.71
created per $1 retained over 3 years
Value Creator
Σ Retained
$11.44B
Δ Market Cap
+$19.57B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →MS
45.5% Margin of Safety
Price is 45.5% below estimated fair value
Current Price: $158.55
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $290.92
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
TRV
37.5% Margin of Safety
Price is 37.5% below estimated fair value
Current Price: $296.84
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $474.61
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →MS
Requires positive FCF to compute implied growth rate.
TRV
What growth rate is the market pricing in at $297?
-0.5%
Market-Implied Owner Earnings Growth
Standard FCF implies -10.0%
The market implies -0.5% Owner Earnings growth, below historical trends — potential opportunity.
Standard FCF implies a more demanding -10.0%, reflecting heavy growth investment expected to generate future returns.
Economic Moat Score
Learn more →MS
32/100
No Moat
70+ Wide · 40-69 Narrow · <40 None
No durable moat detected, though revenue predictability shows some competitive positioning. The business lacks consistent evidence of sustainable advantages.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
TRV
20/100
No Moat
70+ Wide · 40-69 Narrow · <40 None
No durable moat detected, though revenue predictability shows some competitive positioning. The business lacks consistent evidence of sustainable advantages.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
Forensic Accounting
Learn more →MS
-2.09
Possible Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
TRV
-2.66
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →MS
Insiders 24.0%Institutions 62.7%Retail & Other 13.3%
No. of Institutional Holders3,182
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
TRV
Insiders 0.3%Institutions 88.5%Retail & Other 11.3%
No. of Institutional Holders2,272
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →MS
0
Buys (3M)
1
Buys (12M)
Total value (12M): $5,630
PETERSON DOUGLAS L
Director
$5,630
@ $156.39 · 2025-10-17
Open market purchases · includes direct & indirect ownership · excludes option exercises
TRV
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →MS
7
Sells (3M)
16
Sells (12M)
Total value (12M): $62.45M
SIMKOWITZ DANIEL A
President
$6.02M
@ $182.61 · 2026-01-30
GROSSMAN ERIC F
Officer
$3.97M
@ $184.00 · 2026-01-20
CRAWLEY MANDELL L.
Officer
$1.44M
@ $183.45 · 2026-01-20
YESHAYA SHARON
Chief Financial Officer
$2.94M
@ $185.77 · 2026-01-20
SMITH CHARLES AUBREY III
Officer
$1.55M
@ $182.08 · 2026-01-20
PIZZI MICHAEL A
Officer
$3.69M
@ $184.55 · 2026-01-20
SAPERSTEIN ANDREW MICHAEL
President
$5.57M
@ $183.62 · 2026-01-20
PICK EDWARD N.
Chief Executive Officer
$16.43M
@ $164.34 · 2025-10-31
GROSSMAN ERIC F
Officer
$1.69M
@ $141.12 · 2025-07-17
SIMKOWITZ DANIEL A
President
$4.09M
@ $141.13 · 2025-07-17
SMITH CHARLES AUBREY III
Officer
$2.81M
@ $140.30 · 2025-07-17
PIZZI MICHAEL A
Officer
$2.53M
@ $140.62 · 2025-07-17
SIMKOWITZ DANIEL A
President
$3.70M
@ $127.37 · 2025-05-12
HERZ ROBERT H
Director
$95,459
@ $119.32 · 2025-05-02
SAPERSTEIN ANDREW MICHAEL
President
$4.80M
@ $120.00 · 2025-05-02
GROSSMAN ERIC F
Officer
$1.12M
@ $111.65 · 2025-04-15
CRAWLEY MANDELL L.
Officer
$1.15M
@ $138.06 · 2025-01-22
GROSSMAN ERIC F
Officer
$1.78M
@ $136.20 · 2025-01-21
SIMKOWITZ DANIEL A
President
$5.00M
@ $136.61 · 2025-01-21
AKRAM RAJA
Chief Financial Officer
$2.38M
@ $136.01 · 2025-01-21
PIZZI MICHAEL A
Officer
$2.52M
@ $136.92 · 2025-01-21
SAPERSTEIN ANDREW MICHAEL
President
$4.20M
@ $136.43 · 2025-01-21
CRAWLEY MANDELL L.
Officer
$368,375
@ $105.25 · 2024-07-26
AKRAM RAJA
Officer
$797,764
@ $106.37 · 2024-07-18
SIMKOWITZ DANIEL A
President
$4.26M
@ $106.54 · 2024-07-17
HERZ ROBERT H
Director
$106,621
@ $106.62 · 2024-07-17
CRAWLEY MANDELL L.
Officer
$692,663
@ $99.61 · 2024-05-14
GORMAN JAMES P
Officer and Director
$9.02M
@ $90.21 · 2024-04-18
SMITH CHARLES AUBREY III
Officer
$1.01M
@ $90.09 · 2024-04-17
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
TRV
15
Sells (3M)
43
Sells (12M)
Total value (12M): $129.20M
OLIVO MARIA
Officer
$3.19M
@ $306.60 · 2026-02-26
ROWLAND DAVID DONNAY
Chief Investment Officer
$1.46M
@ $308.52 · 2026-02-26
MUNSON PAUL E
Officer
$1.14M
@ $306.04 · 2026-02-25
HEYMAN WILLIAM H
Officer
$1.53M
@ $306.75 · 2026-02-23
TOCZYDLOWSKI GREGORY C
Officer
$3.66M
@ $299.78 · 2026-02-20
KESS AVROHOM J
Officer
$1.43M
@ $300.44 · 2026-02-20
FREY DANIEL S.
Chief Financial Officer
$2.40M
@ $299.50 · 2026-02-20
LEFEBVRE MOJGAN M
Officer
$1.74M
@ $298.29 · 2026-02-19
BESSETTE ANDY F
Officer
$1.79M
@ $297.65 · 2026-02-17
HEYMAN WILLIAM H
Officer
$300,000
@ $300.00 · 2026-02-17
HEYMAN WILLIAM H
Officer
$1.81M
@ $302.17 · 2026-02-06
OLIVO MARIA
Officer
$3.13M
@ $300.75 · 2026-02-06
KLEIN MICHAEL FREDERICK
Officer
$3.01M
@ $301.18 · 2026-02-06
SCHNITZER ALAN D
Chief Executive Officer
$16.42M
@ $294.70 · 2026-02-04
KLENK JEFFREY P
Officer
$4.68M
@ $279.77 · 2026-01-23
OLIVO MARIA
Officer
$2.64M
@ $295.73 · 2025-11-26
HEYMAN WILLIAM H
Officer
$1.18M
@ $294.50 · 2025-11-25
KURTZMAN DIANE
Officer
$1.39M
@ $290.00 · 2025-11-24
HEYMAN WILLIAM H
Officer
$583,000
@ $291.50 · 2025-11-21
ROWLAND DAVID DONNAY
Chief Investment Officer
$1.45M
@ $290.57 · 2025-11-21
HEYMAN WILLIAM H
Officer
$1.10M
@ $288.47 · 2025-11-13
HEYMAN WILLIAM H
Officer
$1.98M
@ $283.11 · 2025-11-11
FREY DANIEL S.
Chief Financial Officer
$6.96M
@ $278.25 · 2025-11-06
KLEIN MICHAEL FREDERICK
Officer
$2.32M
@ $270.73 · 2025-10-28
HEYMAN WILLIAM H
Officer
$557,000
@ $278.50 · 2025-08-22
LEFEBVRE MOJGAN M
Chief Operating Officer
$4.67M
@ $277.54 · 2025-08-22
BESSETTE ANDY F
Officer
$2.05M
@ $264.90 · 2025-08-07
KLEIN MICHAEL FREDERICK
Officer
$2.62M
@ $261.99 · 2025-08-04
TOCZYDLOWSKI GREGORY C
Officer
$3.06M
@ $266.12 · 2025-07-21
HEYMAN WILLIAM H
Officer
$553,000
@ $276.50 · 2025-05-30
HEYMAN WILLIAM H
Officer
$549,000
@ $274.50 · 2025-05-29
OLIVO MARIA
Officer
$9.93M
@ $274.20 · 2025-05-29
SCHNITZER ALAN D
Chief Executive Officer
$9.71M
@ $273.78 · 2025-05-29
KLEIN MICHAEL FREDERICK
Officer
$2.48M
@ $274.17 · 2025-05-29
KESS AVROHOM J
Officer
$6.42M
@ $273.93 · 2025-05-29
FREY DANIEL S.
Chief Financial Officer
$5.55M
@ $273.48 · 2025-05-29
LEFEBVRE MOJGAN M
Chief Operating Officer
$1.68M
@ $273.74 · 2025-05-29
KURTZMAN DIANE
Officer
$1.09M
@ $273.02 · 2025-05-29
ROWLAND DAVID DONNAY
Chief Investment Officer
$3.31M
@ $274.01 · 2025-05-29
KLENK JEFFREY P
Officer
$4.14M
@ $272.87 · 2025-05-29
MUNSON PAUL E
Officer
$1.11M
@ $273.29 · 2025-05-29
BESSETTE ANDY F
Officer
$1.36M
@ $272.76 · 2025-05-16
HEYMAN WILLIAM H
Officer
$1.09M
@ $271.50 · 2025-05-08
LEFEBVRE MOJGAN M
Chief Technology Officer
$3.31M
@ $248.60 · 2025-02-26
HEYMAN WILLIAM H
Officer
$804,000
@ $268.00 · 2024-11-29
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →MS
😐Neutral(48/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
TRV
😐Neutral(60/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →MS
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (48)
TRV
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (60)