Ategrity Specialty Insurance Company Holdings (ASIC) vs Hippo Holdings Inc. (HIPO)

Ategrity Specialty Insurance Company Holdings and Hippo Holdings Inc. are both Insurance Property & Casualty companies. Ategrity Specialty Insurance Company Holdings is the larger, with a market value of $1.2B against $926.2M — 1.3× the size. Ategrity Specialty Insurance Company Holdings trades at the lower P/E: 12.0× against 28.3×. Ategrity Specialty Insurance Company Holdings grew revenue faster over the last twelve months: 29.8% against 20.6%. Hippo Holdings Inc. has the higher net margin (5.90% vs 0.00%) and the lower return on invested capital (11.8% vs 12.4%). Across the 18 metrics below, Ategrity Specialty Insurance Company Holdings leads on 11 and Hippo Holdings Inc. on 7.

Valuation

Metric ASIC HIPO Insurance Property & Casualty median
P/E 11.97 28.34 12.17
P/S 2.22 1.69 1.26
P/B 1.77 1.96 1.85
Price to free cash flow 5.69 8.31 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.35% 3.53% 8.20%
Free cash flow yield 17.57% 12.04% 11.86%

Profitability

Metric ASIC HIPO Insurance Property & Casualty median
Gross margin 0.00% 100.00% 37.39%
Operating margin 24.42% 6.63% 14.67%
Net margin 0.00% 5.90% 10.16%
Free cash flow margin 39.06% 20.97% 18.60%
Return on equity 0.00% 7.19% 16.59%
Return on assets 0.00% 1.38% 3.38%
Return on invested capital 12.42% 11.84% 9.43%

Growth

Metric ASIC HIPO Insurance Property & Casualty median
Revenue growth (TTM) 29.76% 20.55% 5.70%
EPS growth (last fiscal year) 23.44% 235.37% 39.61%
Revenue growth, 5-year CAGR — 55.46% 9.23%
Net income growth, 5-year CAGR — 0.00% 10.09%

Health

Metric ASIC HIPO Insurance Property & Casualty median
Debt to equity 0.00 0.10 0.25
Current ratio 0.53 0.96 0.49
Net debt to EBITDA (0.30) 38.15 0.08

Dividend

Metric ASIC HIPO Insurance Property & Casualty median
Dividend yield — — 1.56%
Payout ratio — — 0.15

Size

Metric ASIC HIPO Insurance Property & Casualty median
Market cap 1.18b 926.17m 2.64b

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