Global Indemnity PLC (GBLI) vs NI Holdings, Inc. (NODK)

Global Indemnity PLC and NI Holdings, Inc. are both Insurance Property & Casualty companies. Global Indemnity PLC and NI Holdings, Inc. are of similar size ($314.0M and $307.5M). Global Indemnity PLC trades at the lower P/E: 10.0× against 41.1×. Global Indemnity PLC grew revenue faster over the last twelve months: 2.97% against −13.9%. Global Indemnity PLC has the higher net margin (6.64% vs 2.93%) and the higher return on invested capital (4.62% vs 3.54%). Across the 18 metrics below, Global Indemnity PLC leads on 12 and NI Holdings, Inc. on 6.

Valuation

Metric GBLI NODK Insurance Property & Casualty median
P/E 10.02 41.09 12.17
P/S 0.67 1.21 1.26
P/B 0.43 1.29 1.85
Price to free cash flow n/m n/m 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.98% 2.43% 8.20%
Free cash flow yield (9.11%) (9.99%) 11.86%

Profitability

Metric GBLI NODK Insurance Property & Casualty median
Gross margin 0.00% 37.39% 37.39%
Operating margin 8.96% 4.18% 14.67%
Net margin 6.64% 2.93% 10.16%
Free cash flow margin (6.07%) (12.05%) 18.60%
Return on equity 0.00% 3.18% 16.59%
Return on assets 1.77% 1.35% 3.38%
Return on invested capital 4.62% 3.54% 9.43%

Growth

Metric GBLI NODK Insurance Property & Casualty median
Revenue growth (TTM) 2.97% (13.85%) 5.70%
EPS growth (last fiscal year) (43.91%) (72.41%) 39.61%
Revenue growth, 5-year CAGR (5.06%) (1.43%) 9.23%
Net income growth, 5-year CAGR 0.00% 0.00% 10.09%

Health

Metric GBLI NODK Insurance Property & Casualty median
Debt to equity 0.03 0.00 0.25
Current ratio 0.26 1.00 0.49
Net debt to EBITDA (0.87) (1.06) 0.08

Dividend

Metric GBLI NODK Insurance Property & Casualty median
Dividend yield 6.65% — 1.56%
Payout ratio 0.67 — 0.15

Size

Metric GBLI NODK Insurance Property & Casualty median
Market cap 307.45m 314.03m 2.64b

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