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 $2.2B against $1.5B — 1.4× the size. Horace Mann Educators Corporation trades at the lower P/E: 12.1× against 12.2×. Stewart Information Services Corporation grew revenue faster over the last twelve months: 20.6% against 4.25%. Horace Mann Educators Corporation has the higher net margin (10.2% vs 3.58%) and the higher return on invested capital (8.57% vs 8.33%). Both pay a dividend; Stewart Information Services Corporation yields more (4.37% vs 2.72%). Across the 20 metrics below, Horace Mann Educators Corporation leads on 11 and Stewart Information Services Corporation on 9.

Valuation

Metric HMN STC Insurance Property & Casualty median
P/E 12.15 12.20 12.17
P/S 1.23 0.44 1.26
P/B 1.51 0.88 1.85
Price to free cash flow 3.79 10.07 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.23% 8.20% 8.20%
Free cash flow yield 26.37% 9.93% 11.86%

Profitability

Metric HMN STC Insurance Property & Casualty median
Gross margin 47.33% 64.86% 37.39%
Operating margin 14.67% 8.64% 14.67%
Net margin 10.16% 3.58% 10.16%
Free cash flow margin 0.00% 0.00% 18.60%
Return on equity 12.40% 7.63% 16.59%
Return on assets 1.15% 3.93% 3.38%
Return on invested capital 8.57% 8.33% 9.43%

Growth

Metric HMN STC Insurance Property & Casualty median
Revenue growth (TTM) 4.25% 20.55% 5.70%
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 0.42 0.39 0.25
Current ratio 0.07 1.63 0.49
Net debt to EBITDA 2.14 0.99 0.08

Dividend

Metric HMN STC Insurance Property & Casualty median
Dividend yield 2.72% 4.37% 1.56%
Payout ratio 0.33 0.53 0.15

Size

Metric HMN STC Insurance Property & Casualty median
Market cap 2.15b 1.50b 2.64b

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