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 $1.3B against $798.0M — 1.6× the size. Hippo Holdings Inc. trades at the lower P/E: 6.4× against 12.3×. Ategrity Specialty Insurance Company Holdings grew revenue faster over the last twelve months: 36.6% against 19.3%. Hippo Holdings Inc. has the higher net margin (23.9% vs 20.5%) and the lower return on invested capital (8.68% vs 14.1%). Across the 20 metrics below, Ategrity Specialty Insurance Company Holdings leads on 10 and Hippo Holdings Inc. on 10.

Valuation

Metric ASIC HIPO Insurance Property & Casualty median
P/E 12.29 6.39 10.29
P/S 2.52 1.58 1.17
P/B 1.94 1.72 1.83
Price to free cash flow 7.52 14.61 7.48
EV/EBITDA 8.82 17.21 7.49
EV/Sales 2.46 1.14 1.13
Earnings yield 8.14% 15.65% 9.50%
Free cash flow yield 13.29% 6.84% 13.29%

Profitability

Metric ASIC HIPO Insurance Property & Casualty median
Gross margin 28.38% 100.00% 41.16%
Operating margin 27.87% 6.62% 15.09%
Net margin 20.50% 23.92% 11.51%
Free cash flow margin 33.51% 11.47% 17.59%
Return on equity 17.22% 30.34% 18.19%
Return on assets 7.00% 6.03% 3.74%
Return on invested capital 14.08% 8.68% 12.06%

Growth

Metric ASIC HIPO Insurance Property & Casualty median
Revenue growth (TTM) 36.63% 19.34% 8.69%
EPS growth (last fiscal year) 7.33% 235.37% —
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 0.95 0.42
Net debt to EBITDA (0.30) 38.15 0.08

Dividend

Metric ASIC HIPO Insurance Property & Casualty median
Dividend yield — — 2.79%
Payout ratio — 0.00 0.27

Size

Metric ASIC HIPO Insurance Property & Casualty median
Market cap 1.27b 798.01m 2.44b

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