Bowhead Specialty Holdings Inc. (BOW) vs Trupanion, Inc. (TRUP)

Bowhead Specialty Holdings Inc. and Trupanion, Inc. are both Insurance Property & Casualty companies. Bowhead Specialty Holdings Inc. is the larger, with a market value of $1.1B against $983.6M — 1.1× the size. Bowhead Specialty Holdings Inc. trades at the lower P/E: 18.3× against 42.9×. Bowhead Specialty Holdings Inc. grew revenue faster over the last twelve months: 25.0% against 11.8%. Bowhead Specialty Holdings Inc. has the higher net margin (10.1% vs 1.53%) and the lower return on invested capital (11.4% vs 12.8%). Across the 20 metrics below, Bowhead Specialty Holdings Inc. leads on 13 and Trupanion, Inc. on 7.

Valuation

Metric BOW TRUP Insurance Property & Casualty median
P/E 18.29 42.89 10.29
P/S 1.81 0.67 1.17
P/B 2.36 2.47 1.83
Price to free cash flow 3.38 12.32 7.48
EV/EBITDA 12.96 17.70 7.49
EV/Sales 1.78 0.47 1.13
Earnings yield 5.47% 2.33% 9.50%
Free cash flow yield 29.55% 8.11% 13.29%

Profitability

Metric BOW TRUP Insurance Property & Casualty median
Gross margin 30.51% 16.55% 41.16%
Operating margin 13.50% 1.57% 15.09%
Net margin 10.11% 1.53% 11.51%
Free cash flow margin 53.45% 5.40% 17.59%
Return on equity 14.14% 6.07% 18.19%
Return on assets 2.69% 2.61% 3.74%
Return on invested capital 11.43% 12.78% 12.06%

Growth

Metric BOW TRUP Insurance Property & Casualty median
Revenue growth (TTM) 25.02% 11.80% 8.69%
EPS growth (last fiscal year) 23.26% 295.65% —
Revenue growth, 5-year CAGR — 23.45% 9.23%
Net income growth, 5-year CAGR — 0.00% 10.09%

Health

Metric BOW TRUP Insurance Property & Casualty median
Debt to equity 0.31 0.26 0.25
Current ratio 0.48 1.77 0.42
Net debt to EBITDA (1.19) (8.49) 0.08

Dividend

Metric BOW TRUP Insurance Property & Casualty median
Dividend yield — — 2.79%
Payout ratio — 0.00 0.27

Size

Metric BOW TRUP Insurance Property & Casualty median
Market cap 1.12b 983.62m 2.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack