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 $1.2B against $930.5M — 1.3× the size. Hippo Holdings Inc. trades at the lower P/E: 7.4× against 52.1×. 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 19 metrics below, Hippo Holdings Inc. leads on 12 and Trupanion, Inc. on 7.

Valuation

Metric HIPO TRUP Insurance Property & Casualty median
P/E 7.37 52.07 10.75
P/S 1.82 0.81 1.21
P/B 1.99 3.00 1.99
Price to free cash flow 16.84 14.96 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 13.58% 1.92% 9.08%
Free cash flow yield 5.94% 6.68% 12.11%

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% 17.46%
Return on equity 30.34% 6.07% 17.34%
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% 8.02%
EPS growth (last fiscal year) 235.37% 295.65% 39.61%
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 — — 1.50%
Payout ratio — — 0.14

Size

Metric HIPO TRUP Insurance Property & Casualty median
Market cap 930.49m 1.22b 2.67b

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