CNA Financial Corporation (CNA) vs Kinsale Capital Group, Inc. (KNSL)

CNA Financial Corporation and Kinsale Capital Group, Inc. are both Insurance Property & Casualty companies. CNA Financial Corporation is the larger, with a market value of $12.5B against $7.8B — 1.6× the size. CNA Financial Corporation trades at the lower P/E: 10.1× against 13.3×. Kinsale Capital Group, Inc. grew revenue faster over the last twelve months: 15.8% against 3.41%. Kinsale Capital Group, Inc. has the higher net margin (28.5% vs 8.16%) and the higher return on invested capital (22.1% vs 7.69%). Both pay a dividend; CNA Financial Corporation yields more (8.30% vs 0.14%). Across the 23 metrics below, CNA Financial Corporation leads on 12 and Kinsale Capital Group, Inc. on 11.

Valuation

Metric CNA KNSL Insurance Property & Casualty median
P/E 10.11 13.35 10.29
P/S 0.82 3.77 1.17
P/B 1.11 3.70 1.83
Price to free cash flow 5.49 7.52 7.48
EV/EBITDA 10.03 10.43 7.49
EV/Sales 1.03 3.79 1.13
Earnings yield 9.90% 7.49% 9.50%
Free cash flow yield 18.20% 13.31% 13.29%

Profitability

Metric CNA KNSL Insurance Property & Casualty median
Gross margin 43.73% 36.47% 41.16%
Operating margin 11.23% 36.33% 15.09%
Net margin 8.16% 28.49% 11.51%
Free cash flow margin 14.96% 50.14% 17.59%
Return on equity 11.32% 30.27% 18.19%
Return on assets 1.78% 9.49% 3.74%
Return on invested capital 7.69% 22.12% 12.06%

Growth

Metric CNA KNSL Insurance Property & Casualty median
Revenue growth (TTM) 3.41% 15.82% 8.69%
EPS growth (last fiscal year) 33.24% 21.77% —
Revenue growth, 5-year CAGR 6.76% 32.44% 9.23%
Net income growth, 5-year CAGR 13.12% 41.62% 10.09%

Health

Metric CNA KNSL Insurance Property & Casualty median
Debt to equity 0.27 0.11 0.25
Current ratio 0.23 0.09 0.42
Net debt to EBITDA 1.57 0.09 0.08

Dividend

Metric CNA KNSL Insurance Property & Casualty median
Dividend yield 8.30% 0.14% 2.79%
Payout ratio 0.45 0.05 0.27

Size

Metric CNA KNSL Insurance Property & Casualty median
Market cap 12.48b 7.76b 2.44b

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