Horace Mann Educators Corporation (HMN) vs Porch Group, Inc. (PRCH)

Horace Mann Educators Corporation and Porch Group, Inc. are both Insurance Property & Casualty companies. Horace Mann Educators Corporation and Porch Group, Inc. are of similar size ($2.3B and $2.2B). Horace Mann Educators Corporation trades at the lower P/E: 12.1× against 344×. Porch Group, Inc. grew revenue faster over the last twelve months: 15.6% against 4.25%. Horace Mann Educators Corporation has the higher net margin (10.2% vs 1.81%) and the higher return on invested capital (8.57% vs 7.73%). Across the 20 metrics below, Horace Mann Educators Corporation leads on 12 and Porch Group, Inc. on 8.

Valuation

Metric HMN PRCH Insurance Property & Casualty median
P/E 12.15 343.94 12.17
P/S 1.23 4.37 1.26
P/B 1.51 78.18 1.85
Price to free cash flow 3.79 24.29 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.23% 0.29% 8.20%
Free cash flow yield 26.37% 4.12% 11.86%

Profitability

Metric HMN PRCH Insurance Property & Casualty median
Gross margin 47.33% 72.06% 37.39%
Operating margin 14.67% 7.97% 14.67%
Net margin 10.16% 1.81% 10.16%
Free cash flow margin 0.00% 18.60% 18.60%
Return on equity 12.40% 47.80% 16.59%
Return on assets 1.15% 1.16% 3.38%
Return on invested capital 8.57% 7.73% 9.43%

Growth

Metric HMN PRCH Insurance Property & Casualty median
Revenue growth (TTM) 4.25% 15.64% 5.70%
EPS growth (last fiscal year) 57.26% 90.90% 39.61%
Revenue growth, 5-year CAGR 5.36% 46.17% 9.23%
Net income growth, 5-year CAGR 3.99% 0.00% 10.09%

Health

Metric HMN PRCH Insurance Property & Casualty median
Debt to equity 0.42 13.63 0.25
Current ratio 0.07 1.46 0.49
Net debt to EBITDA 2.14 5.36 0.08

Dividend

Metric HMN PRCH Insurance Property & Casualty median
Dividend yield 2.72% — 1.56%
Payout ratio 0.33 — 0.15

Size

Metric HMN PRCH Insurance Property & Casualty median
Market cap 2.15b 2.32b 2.64b

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