Donegal Group, Inc. (DGICA) vs Kingstone Companies, Inc (KINS)

Donegal Group, Inc. and Kingstone Companies, Inc are both Insurance Property & Casualty companies. Donegal Group, Inc. is the larger, with a market value of $662.3M against $264.9M — 2.5× the size. Kingstone Companies, Inc trades at the lower P/E: 7.4× against 9.2×. Kingstone Companies, Inc grew revenue faster over the last twelve months: 28.0% against −3.14%. Kingstone Companies, Inc has the higher net margin (14.9% vs 7.38%) and the higher return on invested capital (24.0% vs 8.21%). Both pay a dividend; Donegal Group, Inc. yields more (4.70% vs 1.37%). Across the 23 metrics below, Kingstone Companies, Inc leads on 18 and Donegal Group, Inc. on 5.

Valuation

Metric DGICA KINS Insurance Property & Casualty median
P/E 9.23 7.36 10.29
P/S 0.70 1.11 1.17
P/B 1.01 2.05 1.83
Price to free cash flow 11.48 3.18 7.48
EV/EBITDA 7.44 5.30 7.49
EV/Sales 0.71 1.06 1.13
Earnings yield 10.83% 13.59% 9.50%
Free cash flow yield 8.71% 31.44% 13.29%

Profitability

Metric DGICA KINS Insurance Property & Casualty median
Gross margin 24.57% 100.00% 41.16%
Operating margin 9.25% 18.74% 15.09%
Net margin 7.38% 14.85% 11.51%
Free cash flow margin 6.06% 34.95% 17.59%
Return on equity 11.18% 31.51% 18.19%
Return on assets 2.91% 8.10% 3.74%
Return on invested capital 8.21% 23.99% 12.06%

Growth

Metric DGICA KINS Insurance Property & Casualty median
Revenue growth (TTM) (3.14%) 28.03% 8.69%
EPS growth (last fiscal year) 42.48% 94.59% —
Revenue growth, 5-year CAGR 4.69% 10.34% 9.23%
Net income growth, 5-year CAGR 8.48% 111.10% 10.09%

Health

Metric DGICA KINS Insurance Property & Casualty median
Debt to equity 0.05 0.03 0.25
Current ratio 0.37 0.34 0.42
Net debt to EBITDA 0.08 (0.14) 0.08

Dividend

Metric DGICA KINS Insurance Property & Casualty median
Dividend yield 4.70% 1.37% 2.79%
Payout ratio 6.45 0.62 0.27

Size

Metric DGICA KINS Insurance Property & Casualty median
Market cap 662.34m 264.91m 2.44b

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