HCI Group, Inc. (HCI) vs Slide Insurance Holdings, Inc. (SLDE)

HCI Group, Inc. and Slide Insurance Holdings, Inc. are both Insurance Property & Casualty companies. Slide Insurance Holdings, Inc. is the larger, with a market value of $3.2B against $2.5B — 1.3× the size. Slide Insurance Holdings, Inc. trades at the lower P/E: 5.7× against 8.4×. Slide Insurance Holdings, Inc. grew revenue faster over the last twelve months: 47.1% against 22.8%. Slide Insurance Holdings, Inc. has the higher net margin (39.3% vs 31.3%) and the lower return on invested capital (0.00% vs 79.2%). Both pay a dividend; HCI Group, Inc. yields more (0.99% vs 0.25%). Across the 19 metrics below, Slide Insurance Holdings, Inc. leads on 15 and HCI Group, Inc. on 4.

Valuation

Metric HCI SLDE Insurance Property & Casualty median
P/E 8.42 5.67 11.87
P/S 2.60 2.17 1.26
P/B 2.11 2.47 1.99
Price to free cash flow 6.07 3.35 8.12
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 11.88% 17.63% 8.04%
Free cash flow yield 16.48% 29.83% 11.85%

Profitability

Metric HCI SLDE Insurance Property & Casualty median
Gross margin 59.73% 64.75% 41.66%
Operating margin 48.84% 50.68% 14.71%
Net margin 31.32% 39.28% 10.84%
Free cash flow margin 42.99% 64.74% 17.46%
Return on equity 30.46% 51.44% 16.87%
Return on assets 11.92% 19.18% 3.57%
Return on invested capital 79.17% 0.00% 12.03%

Growth

Metric HCI SLDE Insurance Property & Casualty median
Revenue growth (TTM) 22.77% 47.09% 5.92%
EPS growth (last fiscal year) 155.57% 102.37% 39.61%
Revenue growth, 5-year CAGR 23.75% — 9.23%
Net income growth, 5-year CAGR 61.50% — 10.09%

Health

Metric HCI SLDE Insurance Property & Casualty median
Debt to equity 0.06 0.02 0.25
Current ratio 0.69 1.26 0.42
Net debt to EBITDA (2.56) (2.73) 0.08

Dividend

Metric HCI SLDE Insurance Property & Casualty median
Dividend yield 0.99% 0.25% 1.44%
Payout ratio 0.09 0.02 0.14

Size

Metric HCI SLDE Insurance Property & Casualty median
Market cap 2.51b 3.23b 2.61b

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