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 $13.0B against $8.9B — 1.5× the size. American Financial Group, Inc. trades at the lower P/E: 12.7× against 17.2×. Kinsale Capital Group, Inc. grew revenue faster over the last twelve months: 8.35% against 3.27%. Kinsale Capital Group, Inc. has the higher net margin (26.9% vs 12.0%) and the higher return on invested capital (21.1% vs 0.00%). Both pay a dividend; American Financial Group, Inc. yields more (2.32% vs 0.23%). Across the 21 metrics below, Kinsale Capital Group, Inc. leads on 12 and American Financial Group, Inc. on 9.

Valuation

Metric AFG KNSL Insurance Property & Casualty median
P/E 12.71 17.23 12.17
P/S 1.52 4.56 1.26
P/B 2.68 4.64 1.85
Price to free cash flow 7.95 9.16 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.87% 5.81% 8.20%
Free cash flow yield 12.58% 10.92% 11.86%

Profitability

Metric AFG KNSL Insurance Property & Casualty median
Gross margin 22.74% 34.47% 37.39%
Operating margin 16.25% 34.33% 14.67%
Net margin 11.96% 26.89% 10.16%
Free cash flow margin 20.57% 49.82% 18.60%
Return on equity 21.57% 27.76% 16.59%
Return on assets 2.93% 8.56% 3.38%
Return on invested capital 0.00% 21.13% 9.43%

Growth

Metric AFG KNSL Insurance Property & Casualty median
Revenue growth (TTM) 3.27% 8.35% 5.70%
EPS growth (last fiscal year) (4.64%) 21.77% 39.61%
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 0.39 0.12 0.25
Current ratio 0.49 0.07 0.49
Net debt to EBITDA 0.08 0.09 0.08

Dividend

Metric AFG KNSL Insurance Property & Casualty median
Dividend yield 2.32% 0.23% 1.56%
Payout ratio 0.29 0.04 0.15

Size

Metric AFG KNSL Insurance Property & Casualty median
Market cap 12.96b 8.93b 2.64b

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