HCI Group, Inc. (HCI) vs Skyward Specialty Insurance Group, Inc. (SKWD)

HCI Group, Inc. and Skyward Specialty Insurance Group, Inc. are both Insurance Property & Casualty companies. HCI Group, Inc. and Skyward Specialty Insurance Group, Inc. are of similar size ($2.7B and $2.5B). HCI Group, Inc. trades at the lower P/E: 8.4× against 13.8×. Skyward Specialty Insurance Group, Inc. grew revenue faster over the last twelve months: 38.3% against 22.8%. HCI Group, Inc. has the higher net margin (31.3% vs 10.8%) and the higher return on invested capital (79.2% vs 10.9%). Across the 18 metrics below, HCI Group, Inc. leads on 16 and Skyward Specialty Insurance Group, Inc. on 2.

Valuation

Metric HCI SKWD Insurance Property & Casualty median
P/E 8.42 13.78 11.87
P/S 2.60 1.56 1.26
P/B 2.11 2.14 1.99
Price to free cash flow 6.07 6.81 8.12
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 11.88% 7.26% 8.04%
Free cash flow yield 16.48% 14.69% 11.85%

Profitability

Metric HCI SKWD Insurance Property & Casualty median
Gross margin 59.73% 44.14% 41.66%
Operating margin 48.84% 15.09% 14.71%
Net margin 31.32% 10.84% 10.84%
Free cash flow margin 42.99% 23.20% 17.46%
Return on equity 30.46% 17.34% 16.87%
Return on assets 11.92% 3.38% 3.57%
Return on invested capital 79.17% 10.89% 12.03%

Growth

Metric HCI SKWD Insurance Property & Casualty median
Revenue growth (TTM) 22.77% 38.27% 5.92%
EPS growth (last fiscal year) 155.57% 41.81% 39.61%
Revenue growth, 5-year CAGR 23.75% — 9.23%
Net income growth, 5-year CAGR 61.50% — 10.09%

Health

Metric HCI SKWD Insurance Property & Casualty median
Debt to equity 0.06 0.33 0.25
Current ratio 0.69 0.52 0.42
Net debt to EBITDA (2.56) (0.43) 0.08

Dividend

Metric HCI SKWD Insurance Property & Casualty median
Dividend yield 0.99% — 1.44%
Payout ratio 0.09 — 0.14

Size

Metric HCI SKWD Insurance Property & Casualty median
Market cap 2.51b 2.70b 2.61b

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