American Coastal Insurance Corporation (ACIC) vs Donegal Group, Inc. (DGICA)

American Coastal Insurance Corporation and Donegal Group, Inc. are both Insurance Property & Casualty companies. Donegal Group, Inc. is the larger, with a market value of $691.1M against $530.7M — 1.3× the size. American Coastal Insurance Corporation trades at the lower P/E: 5.3× against 9.5×. American Coastal Insurance Corporation grew revenue faster over the last twelve months: 3.29% against −3.14%. American Coastal Insurance Corporation has the higher net margin (30.3% vs 7.38%) and the higher return on invested capital (47.2% vs 8.21%). Across the 19 metrics below, American Coastal Insurance Corporation leads on 11 and Donegal Group, Inc. on 8.

Valuation

Metric ACIC DGICA Insurance Property & Casualty median
P/E 5.34 9.53 10.75
P/S 1.61 0.72 1.21
P/B 1.57 1.04 1.99
Price to free cash flow n/m 11.85 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 18.74% 10.49% 9.08%
Free cash flow yield (5.81%) 8.44% 12.11%

Profitability

Metric ACIC DGICA Insurance Property & Casualty median
Gross margin 56.62% 24.57% 41.16%
Operating margin 43.27% 9.25% 15.09%
Net margin 30.31% 7.38% 11.51%
Free cash flow margin (9.39%) 6.06% 17.46%
Return on equity 31.65% 11.18% 17.34%
Return on assets 7.74% 2.91% 3.74%
Return on invested capital 47.19% 8.21% 12.06%

Growth

Metric ACIC DGICA Insurance Property & Casualty median
Revenue growth (TTM) 3.29% (3.14%) 8.02%
EPS growth (last fiscal year) 39.61% 42.48% 39.61%
Revenue growth, 5-year CAGR (16.90%) 4.69% 9.23%
Net income growth, 5-year CAGR 0.00% 8.48% 10.09%

Health

Metric ACIC DGICA Insurance Property & Casualty median
Debt to equity 0.45 0.05 0.25
Current ratio 0.88 0.37 0.42
Net debt to EBITDA (0.91) 0.08 0.08

Dividend

Metric ACIC DGICA Insurance Property & Casualty median
Dividend yield — 4.01% 1.50%
Payout ratio — 0.39 0.14

Size

Metric ACIC DGICA Insurance Property & Casualty median
Market cap 530.69m 691.06m 2.67b

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