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. Skyward Specialty Insurance Group, Inc. is the larger, with a market value of $2.4B against $2.2B — 1.1× the size. HCI Group, Inc. trades at the lower P/E: 7.3× against 12.4×. 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 20 metrics below, HCI Group, Inc. leads on 18 and Skyward Specialty Insurance Group, Inc. on 2.

Valuation

Metric HCI SKWD Insurance Property & Casualty median
P/E 7.30 12.39 10.29
P/S 2.25 1.41 1.17
P/B 1.83 1.92 1.83
Price to free cash flow 5.27 6.13 7.48
EV/EBITDA 2.83 9.76 7.49
EV/Sales 1.40 1.47 1.13
Earnings yield 13.69% 8.07% 9.50%
Free cash flow yield 18.99% 16.33% 13.29%

Profitability

Metric HCI SKWD Insurance Property & Casualty median
Gross margin 59.73% 44.14% 41.16%
Operating margin 48.84% 15.09% 15.09%
Net margin 31.32% 10.84% 11.51%
Free cash flow margin 42.99% 23.20% 17.59%
Return on equity 30.46% 17.34% 18.19%
Return on assets 11.92% 3.38% 3.74%
Return on invested capital 79.17% 10.89% 12.06%

Growth

Metric HCI SKWD Insurance Property & Casualty median
Revenue growth (TTM) 22.77% 38.27% 8.69%
EPS growth (last fiscal year) 155.57% 41.81% —
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 1.76% — 2.79%
Payout ratio 7.62 — 0.27

Size

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

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