Ategrity Specialty Insurance Company Holdings (ASIC) vs Stewart Information Services Corporation (STC)

Ategrity Specialty Insurance Company Holdings and Stewart Information Services Corporation are both Insurance Property & Casualty companies. Stewart Information Services Corporation is the larger, with a market value of $1.5B against $1.2B — 1.3× the size. Ategrity Specialty Insurance Company Holdings trades at the lower P/E: 12.0× against 12.2×. Ategrity Specialty Insurance Company Holdings grew revenue faster over the last twelve months: 29.8% against 20.6%. Stewart Information Services Corporation has the higher net margin (3.58% vs 0.00%) and the lower return on invested capital (8.33% vs 12.4%). Across the 18 metrics below, Ategrity Specialty Insurance Company Holdings leads on 10 and Stewart Information Services Corporation on 8.

Valuation

Metric ASIC STC Insurance Property & Casualty median
P/E 11.97 12.20 12.17
P/S 2.22 0.44 1.26
P/B 1.77 0.88 1.85
Price to free cash flow 5.69 10.07 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.35% 8.20% 8.20%
Free cash flow yield 17.57% 9.93% 11.86%

Profitability

Metric ASIC STC Insurance Property & Casualty median
Gross margin 0.00% 64.86% 37.39%
Operating margin 24.42% 8.64% 14.67%
Net margin 0.00% 3.58% 10.16%
Free cash flow margin 39.06% 0.00% 18.60%
Return on equity 0.00% 7.63% 16.59%
Return on assets 0.00% 3.93% 3.38%
Return on invested capital 12.42% 8.33% 9.43%

Growth

Metric ASIC STC Insurance Property & Casualty median
Revenue growth (TTM) 29.76% 20.55% 5.70%
EPS growth (last fiscal year) 23.44% 55.17% 39.61%
Revenue growth, 5-year CAGR — 5.01% 9.23%
Net income growth, 5-year CAGR — (5.70%) 10.09%

Health

Metric ASIC STC Insurance Property & Casualty median
Debt to equity 0.00 0.39 0.25
Current ratio 0.53 1.63 0.49
Net debt to EBITDA (0.30) 0.99 0.08

Dividend

Metric ASIC STC Insurance Property & Casualty median
Dividend yield — 4.37% 1.56%
Payout ratio — 0.53 0.15

Size

Metric ASIC STC Insurance Property & Casualty median
Market cap 1.18b 1.50b 2.64b

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