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 $12.1B against $8.1B — 1.5× the size. American Financial Group, Inc. trades at the lower P/E: 13.0× against 14.7×. 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 (2.42% vs 0.25%). Across the 21 metrics below, Kinsale Capital Group, Inc. leads on 14 and American Financial Group, Inc. on 7.

Valuation

Metric AFG KNSL Insurance Property & Casualty median
P/E 13.04 14.67 10.75
P/S 1.50 4.14 1.21
P/B 2.57 4.06 1.99
Price to free cash flow 8.61 8.26 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.67% 6.82% 9.08%
Free cash flow yield 11.62% 12.11% 12.11%

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% 17.46%
Return on equity 20.41% 30.27% 17.34%
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% 8.02%
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 0.38 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 2.42% 0.25% 1.50%
Payout ratio 0.32 0.04 0.14

Size

Metric AFG KNSL Insurance Property & Casualty median
Market cap 12.08b 8.14b 2.67b

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