Donegal Group, Inc. (DGICB) 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 $446.3M against $269.0M — 1.7× the size. Kingstone Companies, Inc trades at the lower P/E: 7.5× against 10.7×. 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%). Across the 20 metrics below, Kingstone Companies, Inc leads on 17 and Donegal Group, Inc. on 3.

Valuation

Metric DGICB KINS Insurance Property & Casualty median
P/E 10.72 7.55 10.75
P/S 0.73 1.14 1.21
P/B 1.06 2.10 1.99
Price to free cash flow 12.11 3.26 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.32% 13.25% 9.08%
Free cash flow yield 8.26% 30.65% 12.11%

Profitability

Metric DGICB 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% 17.46%
Return on equity 11.18% 31.51% 17.34%
Return on assets 2.91% 8.10% 3.74%
Return on invested capital 8.21% 23.99% 12.06%

Growth

Metric DGICB KINS Insurance Property & Casualty median
Revenue growth (TTM) (3.14%) 28.03% 8.02%
EPS growth (last fiscal year) 45.65% 94.59% 39.61%
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 DGICB 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 DGICB KINS Insurance Property & Casualty median
Dividend yield — 1.12% 1.50%
Payout ratio — 0.09 0.14

Size

Metric DGICB KINS Insurance Property & Casualty median
Market cap 446.25m 268.97m 2.67b

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