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 $274.5M — 1.6× the size. Kingstone Companies, Inc trades at the lower P/E: 7.6× against 14.1×. Kingstone Companies, Inc grew revenue faster over the last twelve months: 28.0% against −3.40%. Kingstone Companies, Inc has the higher net margin (14.9% vs 7.25%) and the higher return on invested capital (24.0% vs 8.10%). 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 14.05 7.62 12.17
P/S 0.97 1.15 1.26
P/B 1.40 2.12 1.85
Price to free cash flow 18.18 3.29 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.12% 13.12% 8.20%
Free cash flow yield 5.50% 30.36% 11.86%

Profitability

Metric DGICB KINS Insurance Property & Casualty median
Gross margin 0.00% 100.00% 37.39%
Operating margin 9.01% 18.74% 14.67%
Net margin 7.25% 14.85% 10.16%
Free cash flow margin 5.34% 34.95% 18.60%
Return on equity 10.73% 31.51% 16.59%
Return on assets 2.83% 8.10% 3.38%
Return on invested capital 8.10% 23.99% 9.43%

Growth

Metric DGICB KINS Insurance Property & Casualty median
Revenue growth (TTM) (3.40%) 28.03% 5.70%
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 0.49
Net debt to EBITDA 0.08 (0.14) 0.08

Dividend

Metric DGICB KINS Insurance Property & Casualty median
Dividend yield — 1.11% 1.56%
Payout ratio — 0.09 0.15

Size

Metric DGICB KINS Insurance Property & Casualty median
Market cap 446.25m 274.47m 2.64b

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