Donegal Group, Inc. (DGICA) vs Trupanion, Inc. (TRUP)

Donegal Group, Inc. and Trupanion, Inc. are both Insurance Property & Casualty companies. Trupanion, Inc. is the larger, with a market value of $983.6M against $662.3M — 1.5× the size. Donegal Group, Inc. trades at the lower P/E: 9.2× against 42.9×. Trupanion, Inc. grew revenue faster over the last twelve months: 11.8% against −3.14%. Donegal Group, Inc. has the higher net margin (7.38% vs 1.53%) and the lower return on invested capital (8.21% vs 12.8%). Across the 22 metrics below, Donegal Group, Inc. leads on 14 and Trupanion, Inc. on 8.

Valuation

Metric DGICA TRUP Insurance Property & Casualty median
P/E 9.23 42.89 10.29
P/S 0.70 0.67 1.17
P/B 1.01 2.47 1.83
Price to free cash flow 11.48 12.32 7.48
EV/EBITDA 7.44 17.70 7.49
EV/Sales 0.71 0.47 1.13
Earnings yield 10.83% 2.33% 9.50%
Free cash flow yield 8.71% 8.11% 13.29%

Profitability

Metric DGICA TRUP Insurance Property & Casualty median
Gross margin 24.57% 16.55% 41.16%
Operating margin 9.25% 1.57% 15.09%
Net margin 7.38% 1.53% 11.51%
Free cash flow margin 6.06% 5.40% 17.59%
Return on equity 11.18% 6.07% 18.19%
Return on assets 2.91% 2.61% 3.74%
Return on invested capital 8.21% 12.78% 12.06%

Growth

Metric DGICA TRUP Insurance Property & Casualty median
Revenue growth (TTM) (3.14%) 11.80% 8.69%
EPS growth (last fiscal year) 42.48% 295.65% —
Revenue growth, 5-year CAGR 4.69% 23.45% 9.23%
Net income growth, 5-year CAGR 8.48% 0.00% 10.09%

Health

Metric DGICA TRUP Insurance Property & Casualty median
Debt to equity 0.05 0.26 0.25
Current ratio 0.37 1.77 0.42
Net debt to EBITDA 0.08 (8.49) 0.08

Dividend

Metric DGICA TRUP Insurance Property & Casualty median
Dividend yield 4.70% — 2.79%
Payout ratio 6.45 0.00 0.27

Size

Metric DGICA TRUP Insurance Property & Casualty median
Market cap 662.34m 983.62m 2.44b

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