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 $662.3M against $445.9M — 1.5× the size. American Coastal Insurance Corporation trades at the lower P/E: 4.5× against 9.2×. 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%). Both pay a dividend; American Coastal Insurance Corporation yields more (50.0% vs 4.70%). Across the 22 metrics below, American Coastal Insurance Corporation leads on 13 and Donegal Group, Inc. on 9.

Valuation

Metric ACIC DGICA Insurance Property & Casualty median
P/E 4.52 9.23 10.29
P/S 1.37 0.70 1.17
P/B 1.33 1.01 1.83
Price to free cash flow n/m 11.48 7.48
EV/EBITDA 1.94 7.44 7.49
EV/Sales 0.87 0.71 1.13
Earnings yield 22.13% 10.83% 9.50%
Free cash flow yield (6.87%) 8.71% 13.29%

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% 17.59%
Return on equity 31.65% 11.18% 18.19%
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%) 8.69%
EPS growth (last fiscal year) 39.61% 42.48% —
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 50.00% 4.70% 2.79%
Payout ratio — 6.45 0.27

Size

Metric ACIC DGICA Insurance Property & Casualty median
Market cap 445.87m 662.34m 2.44b

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