Accelerant Holdings (ARX) vs Ethos Technologies Inc. (LIFE)

Accelerant Holdings and Ethos Technologies Inc. are both Insurance Brokers companies. Accelerant Holdings is the larger, with a market value of $4.3B against $2.8B — 1.5× the size. Ethos Technologies Inc. has the higher net margin (−18.8% vs −119.3%) and the lower return on invested capital (−2.79% vs 0.00%). Across the 15 metrics below, Ethos Technologies Inc. leads on 10 and Accelerant Holdings on 5.

Valuation

Metric ARX LIFE Insurance Brokers median
P/E n/m n/m 25.10
P/S 3.78 4.61 2.98
P/B 5.82 5.63 3.18
Price to free cash flow 2,406.17 23.64 22.89
EV/EBITDA — n/m —
EV/Sales — 3.90 —
Earnings yield (33.54%) (1.57%) 2.74%
Free cash flow yield 0.04% 4.23% 3.19%

Profitability

Metric ARX LIFE Insurance Brokers median
Gross margin 100.00% 100.00% 49.44%
Operating margin 21.15% (2.80%) 15.48%
Net margin (119.27%) (18.82%) 8.78%
Free cash flow margin 0.16% 19.49% 5.26%
Return on equity (369.41%) 0.00% 3.24%
Return on assets (16.63%) (31.45%) 2.51%
Return on invested capital 0.00% (2.79%) 5.83%

Growth

Metric ARX LIFE Insurance Brokers median
Revenue growth (TTM) 54.55% — 9.77%
EPS growth (last fiscal year) (5,450.00%) 43.90% (8.67%)
Revenue growth, 5-year CAGR — — 9.30%
Net income growth, 5-year CAGR — — 0.00%

Health

Metric ARX LIFE Insurance Brokers median
Debt to equity 0.16 0.00 0.49
Current ratio 1.51 3.25 1.60
Net debt to EBITDA (7.35) (1.17) 1.20

Dividend

Metric ARX LIFE Insurance Brokers median
Dividend yield — — 1.17%
Payout ratio — — 0.33

Size

Metric ARX LIFE Insurance Brokers median
Market cap 4.30b 2.82b 2.82b

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