Hippo Holdings Inc. (HIPO) vs Heritage Insurance Holdings, Inc. (HRTG)

Hippo Holdings Inc. and Heritage Insurance Holdings, Inc. are both Insurance Property & Casualty companies. Hippo Holdings Inc. and Heritage Insurance Holdings, Inc. are of similar size ($998.3M and $926.2M). Heritage Insurance Holdings, Inc. trades at the lower P/E: 4.8× against 28.3×. Hippo Holdings Inc. grew revenue faster over the last twelve months: 20.6% against 1.54%. Heritage Insurance Holdings, Inc. has the higher net margin (25.2% vs 5.90%) and the higher return on invested capital (489.1% vs 11.8%). Across the 20 metrics below, Heritage Insurance Holdings, Inc. leads on 14 and Hippo Holdings Inc. on 6.

Valuation

Metric HIPO HRTG Insurance Property & Casualty median
P/E 28.34 4.78 12.17
P/S 1.69 1.18 1.26
P/B 1.96 1.78 1.85
Price to free cash flow 8.31 3.36 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.53% 20.91% 8.20%
Free cash flow yield 12.04% 29.77% 11.86%

Profitability

Metric HIPO HRTG Insurance Property & Casualty median
Gross margin 100.00% 45.39% 37.39%
Operating margin 6.63% 34.46% 14.67%
Net margin 5.90% 25.19% 10.16%
Free cash flow margin 20.97% 35.21% 18.60%
Return on equity 7.19% 45.27% 16.59%
Return on assets 1.38% 8.63% 3.38%
Return on invested capital 11.84% 489.08% 9.43%

Growth

Metric HIPO HRTG Insurance Property & Casualty median
Revenue growth (TTM) 20.55% 1.54% 5.70%
EPS growth (last fiscal year) 235.37% 214.43% 39.61%
Revenue growth, 5-year CAGR 55.46% 7.38% 9.23%
Net income growth, 5-year CAGR 0.00% 83.79% 10.09%

Health

Metric HIPO HRTG Insurance Property & Casualty median
Debt to equity 0.10 0.13 0.25
Current ratio 0.96 0.83 0.49
Net debt to EBITDA 38.15 (1.77) 0.08

Dividend

Metric HIPO HRTG Insurance Property & Casualty median
Dividend yield — — 1.56%
Payout ratio — — 0.15

Size

Metric HIPO HRTG Insurance Property & Casualty median
Market cap 926.17m 998.32m 2.64b

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