Horace Mann Educators Corporation (HMN) vs Stewart Information Services Corporation (STC)

Horace Mann Educators Corporation and Stewart Information Services Corporation are both Insurance Property & Casualty companies. Horace Mann Educators Corporation and Stewart Information Services Corporation are of similar size ($1.9B and $1.8B). Horace Mann Educators Corporation trades at the lower P/E: 10.5× against 13.0×. Stewart Information Services Corporation grew revenue faster over the last twelve months: 22.5% against 5.88%. Horace Mann Educators Corporation has the higher net margin (10.2% vs 4.12%) and the lower return on invested capital (7.75% vs 9.12%). Both pay a dividend; Horace Mann Educators Corporation yields more (3.75% vs 3.10%). Across the 23 metrics below, Horace Mann Educators Corporation leads on 12 and Stewart Information Services Corporation on 11.

Valuation

Metric HMN STC Insurance Property & Casualty median
P/E 10.52 12.98 10.29
P/S 1.06 0.55 1.17
P/B 1.23 1.08 1.83
Price to free cash flow 3.28 12.24 7.48
EV/EBITDA 9.43 6.01 7.49
EV/Sales 1.52 0.67 1.13
Earnings yield 9.50% 7.70% 9.50%
Free cash flow yield 30.52% 8.17% 13.29%

Profitability

Metric HMN STC Insurance Property & Casualty median
Gross margin 46.89% 64.35% 41.16%
Operating margin 14.57% 9.19% 15.09%
Net margin 10.15% 4.12% 11.51%
Free cash flow margin 32.42% 4.50% 17.59%
Return on equity 12.38% 8.64% 18.19%
Return on assets 1.17% 4.44% 3.74%
Return on invested capital 7.75% 9.12% 12.06%

Growth

Metric HMN STC Insurance Property & Casualty median
Revenue growth (TTM) 5.88% 22.49% 8.69%
EPS growth (last fiscal year) 57.26% 55.17% —
Revenue growth, 5-year CAGR 5.36% 5.01% 9.23%
Net income growth, 5-year CAGR 3.99% (5.70%) 10.09%

Health

Metric HMN STC Insurance Property & Casualty median
Debt to equity 0.40 0.39 0.25
Current ratio 0.06 1.81 0.42
Net debt to EBITDA 2.14 0.99 0.08

Dividend

Metric HMN STC Insurance Property & Casualty median
Dividend yield 3.75% 3.10% 2.79%
Payout ratio 0.95 0.97 0.27

Size

Metric HMN STC Insurance Property & Casualty median
Market cap 1.86b 1.82b 2.44b

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