HCI Group, Inc. (HCI) vs Safety Insurance Group, Inc. (SAFT)

HCI Group, Inc. and Safety Insurance Group, Inc. are both Insurance Property & Casualty companies. HCI Group, Inc. is the larger, with a market value of $2.2B against $1.5B — 1.4× the size. HCI Group, Inc. trades at the lower P/E: 7.3× against 22.3×. HCI Group, Inc. grew revenue faster over the last twelve months: 22.8% against 7.21%. HCI Group, Inc. has the higher net margin (31.3% vs 5.33%) and the higher return on invested capital (79.2% vs 6.55%). Both pay a dividend; Safety Insurance Group, Inc. yields more (4.37% vs 1.76%). Across the 23 metrics below, HCI Group, Inc. leads on 18 and Safety Insurance Group, Inc. on 5.

Valuation

Metric HCI SAFT Insurance Property & Casualty median
P/E 7.30 22.26 10.29
P/S 2.25 1.17 1.17
P/B 1.83 1.71 1.83
Price to free cash flow 5.27 8.55 7.48
EV/EBITDA 2.83 16.19 7.49
EV/Sales 1.40 1.18 1.13
Earnings yield 13.69% 4.49% 9.50%
Free cash flow yield 18.99% 11.69% 13.29%

Profitability

Metric HCI SAFT Insurance Property & Casualty median
Gross margin 59.73% 7.63% 41.16%
Operating margin 48.84% 6.99% 15.09%
Net margin 31.32% 5.33% 11.51%
Free cash flow margin 42.99% 13.66% 17.59%
Return on equity 30.46% 7.84% 18.19%
Return on assets 11.92% 2.82% 3.74%
Return on invested capital 79.17% 6.55% 12.06%

Growth

Metric HCI SAFT Insurance Property & Casualty median
Revenue growth (TTM) 22.77% 7.21% 8.69%
EPS growth (last fiscal year) 155.57% 40.17% —
Revenue growth, 5-year CAGR 23.75% 8.35% 9.23%
Net income growth, 5-year CAGR 61.50% (6.41%) 10.09%

Health

Metric HCI SAFT Insurance Property & Casualty median
Debt to equity 0.06 0.06 0.25
Current ratio 0.69 0.40 0.42
Net debt to EBITDA (2.56) (0.18) 0.08

Dividend

Metric HCI SAFT Insurance Property & Casualty median
Dividend yield 1.76% 4.37% 2.79%
Payout ratio 7.62 1.50 0.27

Size

Metric HCI SAFT Insurance Property & Casualty median
Market cap 2.20b 1.52b 2.44b

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