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 $926.2M against $314.0M — 2.9× the size. Hippo Holdings Inc. trades at the lower P/E: 28.3× against 41.1×. Hippo Holdings Inc. grew revenue faster over the last twelve months: 20.6% against −13.9%. Hippo Holdings Inc. has the higher net margin (5.90% vs 2.93%) and the higher return on invested capital (11.8% 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 28.34 41.09 12.17
P/S 1.69 1.21 1.26
P/B 1.96 1.29 1.85
Price to free cash flow 8.31 n/m 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 3.53% 2.43% 8.20%
Free cash flow yield 12.04% (9.99%) 11.86%

Profitability

Metric HIPO NODK Insurance Property & Casualty median
Gross margin 100.00% 37.39% 37.39%
Operating margin 6.63% 4.18% 14.67%
Net margin 5.90% 2.93% 10.16%
Free cash flow margin 20.97% (12.05%) 18.60%
Return on equity 7.19% 3.18% 16.59%
Return on assets 1.38% 1.35% 3.38%
Return on invested capital 11.84% 3.54% 9.43%

Growth

Metric HIPO NODK Insurance Property & Casualty median
Revenue growth (TTM) 20.55% (13.85%) 5.70%
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 0.96 1.00 0.49
Net debt to EBITDA 38.15 (1.06) 0.08

Dividend

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

Size

Metric HIPO NODK Insurance Property & Casualty median
Market cap 926.17m 314.03m 2.64b

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