Hippo Holdings Inc. (HIPO) vs NI Holdings, Inc. (NODK)

Hippo Holdings Inc. and NI Holdings, Inc. are both Insurance Property & Casualty companies. Hippo Holdings Inc. is the larger, with a market value of $930.5M against $303.2M — 3.1× the size. Hippo Holdings Inc. trades at the lower P/E: 7.4× against 39.3×. Hippo Holdings Inc. grew revenue faster over the last twelve months: 19.3% against −13.9%. Hippo Holdings Inc. has the higher net margin (23.9% vs 2.93%) and the higher return on invested capital (8.68% vs 3.54%). Across the 18 metrics below, Hippo Holdings Inc. leads on 13 and NI Holdings, Inc. on 5.

Valuation

Metric HIPO NODK Insurance Property & Casualty median
P/E 7.37 39.28 10.75
P/S 1.82 1.15 1.21
P/B 1.99 1.24 1.99
Price to free cash flow 16.84 n/m 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 13.58% 2.55% 9.08%
Free cash flow yield 5.94% (10.45%) 12.11%

Profitability

Metric HIPO NODK Insurance Property & Casualty median
Gross margin 100.00% 37.39% 41.16%
Operating margin 6.62% 4.18% 15.09%
Net margin 23.92% 2.93% 11.51%
Free cash flow margin 11.47% (12.05%) 17.46%
Return on equity 30.34% 3.18% 17.34%
Return on assets 6.03% 1.35% 3.74%
Return on invested capital 8.68% 3.54% 12.06%

Growth

Metric HIPO NODK Insurance Property & Casualty median
Revenue growth (TTM) 19.34% (13.85%) 8.02%
EPS growth (last fiscal year) 235.37% (72.41%) 39.61%
Revenue growth, 5-year CAGR 55.46% (1.43%) 9.23%
Net income growth, 5-year CAGR 0.00% 0.00% 10.09%

Health

Metric HIPO NODK Insurance Property & Casualty median
Debt to equity 0.10 0.00 0.25
Current ratio 0.95 1.00 0.42
Net debt to EBITDA 38.15 (1.06) 0.08

Dividend

Metric HIPO NODK Insurance Property & Casualty median
Dividend yield — — 1.50%
Payout ratio — — 0.14

Size

Metric HIPO NODK Insurance Property & Casualty median
Market cap 930.49m 303.21m 2.67b

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