American Financial Group, Inc. (AFG) vs Kinsale Capital Group, Inc. (KNSL)

American Financial Group, Inc. and Kinsale Capital Group, Inc. are both Insurance Property & Casualty companies. American Financial Group, Inc. is the larger, with a market value of $11.5B against $7.8B — 1.5× the size. American Financial Group, Inc. trades at the lower P/E: 12.1× against 13.3×. Kinsale Capital Group, Inc. grew revenue faster over the last twelve months: 15.8% against −0.24%. Kinsale Capital Group, Inc. has the higher net margin (28.5% vs 11.5%) and the higher return on invested capital (22.1% vs 14.4%). Both pay a dividend; American Financial Group, Inc. yields more (4.48% vs 0.14%). Across the 23 metrics below, Kinsale Capital Group, Inc. leads on 14 and American Financial Group, Inc. on 9.

Valuation

Metric AFG KNSL Insurance Property & Casualty median
P/E 12.08 13.35 10.29
P/S 1.39 3.77 1.17
P/B 2.38 3.70 1.83
Price to free cash flow 7.98 7.52 7.48
EV/EBITDA 8.58 10.43 7.49
EV/Sales 1.43 3.79 1.13
Earnings yield 8.28% 7.49% 9.50%
Free cash flow yield 12.53% 13.31% 13.29%

Profitability

Metric AFG KNSL Insurance Property & Casualty median
Gross margin 22.29% 36.47% 41.16%
Operating margin 15.60% 36.33% 15.09%
Net margin 11.51% 28.49% 11.51%
Free cash flow margin 17.37% 50.14% 17.59%
Return on equity 20.41% 30.27% 18.19%
Return on assets 2.99% 9.49% 3.74%
Return on invested capital 14.44% 22.12% 12.06%

Growth

Metric AFG KNSL Insurance Property & Casualty median
Revenue growth (TTM) (0.24%) 15.82% 8.69%
EPS growth (last fiscal year) (4.64%) 21.77% —
Revenue growth, 5-year CAGR 7.22% 32.44% 9.23%
Net income growth, 5-year CAGR 2.84% 41.62% 10.09%

Health

Metric AFG KNSL Insurance Property & Casualty median
Debt to equity 0.38 0.11 0.25
Current ratio 0.49 0.09 0.42
Net debt to EBITDA 0.08 0.09 0.08

Dividend

Metric AFG KNSL Insurance Property & Casualty median
Dividend yield 4.48% 0.14% 2.79%
Payout ratio 0.25 0.05 0.27

Size

Metric AFG KNSL Insurance Property & Casualty median
Market cap 11.48b 7.76b 2.44b

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