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 is the larger, with a market value of $1.9B against $1.6B — 1.2× the size. Horace Mann Educators Corporation trades at the lower P/E: 10.7× against 11.5×. 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; Stewart Information Services Corporation yields more (4.04% vs 3.09%). Across the 21 metrics below, Horace Mann Educators Corporation leads on 11 and Stewart Information Services Corporation on 10.

Valuation

Metric HMN STC Insurance Property & Casualty median
P/E 10.75 11.52 10.75
P/S 1.09 0.49 1.21
P/B 1.26 0.96 1.99
Price to free cash flow 3.35 10.87 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.30% 8.68% 9.08%
Free cash flow yield 29.87% 9.20% 12.11%

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% 17.46%
Return on equity 12.38% 8.64% 17.34%
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% 8.02%
EPS growth (last fiscal year) 57.26% 55.17% 39.61%
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 3.09% 4.04% 1.50%
Payout ratio 0.33 0.47 0.14

Size

Metric HMN STC Insurance Property & Casualty median
Market cap 1.86b 1.59b 2.67b

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