Hippo Holdings Inc. (HIPO) vs Trupanion, Inc. (TRUP)

Hippo Holdings Inc. and Trupanion, Inc. are both Insurance Property & Casualty companies. Trupanion, Inc. is the larger, with a market value of $983.6M against $798.0M — 1.2× the size. Hippo Holdings Inc. trades at the lower P/E: 6.4× against 42.9×. Hippo Holdings Inc. grew revenue faster over the last twelve months: 19.3% against 11.8%. Hippo Holdings Inc. has the higher net margin (23.9% vs 1.53%) and the lower return on invested capital (8.68% vs 12.8%). Across the 21 metrics below, Hippo Holdings Inc. leads on 13 and Trupanion, Inc. on 8.

Valuation

Metric HIPO TRUP Insurance Property & Casualty median
P/E 6.39 42.89 10.29
P/S 1.58 0.67 1.17
P/B 1.72 2.47 1.83
Price to free cash flow 14.61 12.32 7.48
EV/EBITDA 17.21 17.70 7.49
EV/Sales 1.14 0.47 1.13
Earnings yield 15.65% 2.33% 9.50%
Free cash flow yield 6.84% 8.11% 13.29%

Profitability

Metric HIPO TRUP Insurance Property & Casualty median
Gross margin 100.00% 16.55% 41.16%
Operating margin 6.62% 1.57% 15.09%
Net margin 23.92% 1.53% 11.51%
Free cash flow margin 11.47% 5.40% 17.59%
Return on equity 30.34% 6.07% 18.19%
Return on assets 6.03% 2.61% 3.74%
Return on invested capital 8.68% 12.78% 12.06%

Growth

Metric HIPO TRUP Insurance Property & Casualty median
Revenue growth (TTM) 19.34% 11.80% 8.69%
EPS growth (last fiscal year) 235.37% 295.65% —
Revenue growth, 5-year CAGR 55.46% 23.45% 9.23%
Net income growth, 5-year CAGR 0.00% 0.00% 10.09%

Health

Metric HIPO TRUP Insurance Property & Casualty median
Debt to equity 0.10 0.26 0.25
Current ratio 0.95 1.77 0.42
Net debt to EBITDA 38.15 (8.49) 0.08

Dividend

Metric HIPO TRUP Insurance Property & Casualty median
Dividend yield — — 2.79%
Payout ratio 0.00 0.00 0.27

Size

Metric HIPO TRUP Insurance Property & Casualty median
Market cap 798.01m 983.62m 2.44b

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