Assurant, Inc. (AIZ) vs Kinsale Capital Group, Inc. (KNSL)

Assurant, Inc. and Kinsale Capital Group, Inc. are both Insurance Property & Casualty companies. Assurant, Inc. is the larger, with a market value of $15.1B against $8.9B — 1.7× the size. Assurant, Inc. trades at the lower P/E: 14.2× against 17.2×. Assurant, Inc. grew revenue faster over the last twelve months: 9.43% against 8.35%. Kinsale Capital Group, Inc. has the higher net margin (26.9% vs 7.74%) and the higher return on invested capital (21.1% vs 0.00%). Both pay a dividend; Assurant, Inc. yields more (1.15% vs 0.23%). Across the 21 metrics below, Kinsale Capital Group, Inc. leads on 11 and Assurant, Inc. on 10.

Valuation

Metric AIZ KNSL Insurance Property & Casualty median
P/E 14.23 17.23 12.17
P/S 1.10 4.56 1.26
P/B 2.52 4.64 1.85
Price to free cash flow 9.11 9.16 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.03% 5.81% 8.20%
Free cash flow yield 10.98% 10.92% 11.86%

Profitability

Metric AIZ KNSL Insurance Property & Casualty median
Gross margin 78.07% 34.47% 37.39%
Operating margin 10.61% 34.33% 14.67%
Net margin 7.74% 26.89% 10.16%
Free cash flow margin 0.00% 49.82% 18.60%
Return on equity 18.12% 27.76% 16.59%
Return on assets 2.95% 8.56% 3.38%
Return on invested capital 0.00% 21.13% 9.43%

Growth

Metric AIZ KNSL Insurance Property & Casualty median
Revenue growth (TTM) 9.43% 8.35% 5.70%
EPS growth (last fiscal year) 17.08% 21.77% 39.61%
Revenue growth, 5-year CAGR 5.95% 32.44% 9.23%
Net income growth, 5-year CAGR 15.43% 41.62% 10.09%

Health

Metric AIZ KNSL Insurance Property & Casualty median
Debt to equity 0.37 0.12 0.25
Current ratio 0.66 0.07 0.49
Net debt to EBITDA 0.26 0.09 0.08

Dividend

Metric AIZ KNSL Insurance Property & Casualty median
Dividend yield 1.15% 0.23% 1.56%
Payout ratio 0.17 0.04 0.15

Size

Metric AIZ KNSL Insurance Property & Casualty median
Market cap 15.14b 8.93b 2.64b

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