Donegal Group, Inc. (DGICB) vs Global Indemnity PLC (GBLI)

Donegal Group, Inc. and Global Indemnity PLC are both Insurance Property & Casualty companies. Donegal Group, Inc. is the larger, with a market value of $446.3M against $355.0M — 1.3× the size. Global Indemnity PLC trades at the lower P/E: 10.3× against 10.7×. Global Indemnity PLC grew revenue faster over the last twelve months: 3.83% against −3.14%. Global Indemnity PLC has the higher net margin (7.42% vs 7.38%) and the lower return on invested capital (4.29% vs 8.21%). Across the 19 metrics below, Donegal Group, Inc. leads on 12 and Global Indemnity PLC on 7.

Valuation

Metric DGICB GBLI Insurance Property & Casualty median
P/E 10.72 10.28 10.75
P/S 0.73 0.76 1.21
P/B 1.06 0.49 1.99
Price to free cash flow 12.11 n/m 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.32% 9.73% 9.08%
Free cash flow yield 8.26% (9.76%) 12.11%

Profitability

Metric DGICB GBLI Insurance Property & Casualty median
Gross margin 24.57% 16.61% 41.16%
Operating margin 9.25% 9.91% 15.09%
Net margin 7.38% 7.42% 11.51%
Free cash flow margin 6.06% (7.46%) 17.46%
Return on equity 11.18% 4.84% 17.34%
Return on assets 2.91% 1.97% 3.74%
Return on invested capital 8.21% 4.29% 12.06%

Growth

Metric DGICB GBLI Insurance Property & Casualty median
Revenue growth (TTM) (3.14%) 3.83% 8.02%
EPS growth (last fiscal year) 45.65% (43.91%) 39.61%
Revenue growth, 5-year CAGR 4.69% (5.06%) 9.23%
Net income growth, 5-year CAGR 8.48% 0.00% 10.09%

Health

Metric DGICB GBLI Insurance Property & Casualty median
Debt to equity 0.05 0.06 0.25
Current ratio 0.37 0.26 0.42
Net debt to EBITDA 0.08 (0.87) 0.08

Dividend

Metric DGICB GBLI Insurance Property & Casualty median
Dividend yield — 5.77% 1.50%
Payout ratio — 0.60 0.14

Size

Metric DGICB GBLI Insurance Property & Casualty median
Market cap 446.25m 355.03m 2.67b

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