International General Insurance Holdings Ltd. (IGIC) vs Exzeo Group, Inc. (XZO)

International General Insurance Holdings Ltd. and Exzeo Group, Inc. are both Insurance Diversified companies. Exzeo Group, Inc. is the larger, with a market value of $1.6B against $1.0B — 1.5× the size. International General Insurance Holdings Ltd. trades at the lower P/E: 10.1× against 17.7×. Exzeo Group, Inc. grew revenue faster over the last twelve months: 15.1% against 1.89%. Exzeo Group, Inc. has the higher net margin (38.8% vs 21.6%) and the higher return on invested capital (36.6% vs 7.38%). Across the 17 metrics below, Exzeo Group, Inc. leads on 10 and International General Insurance Holdings Ltd. on 7.

Valuation

Metric IGIC XZO Insurance Diversified median
P/E 10.06 17.67 11.57
P/S 2.17 6.89 1.52
P/B 1.54 5.13 1.64
Price to free cash flow 2.62 18.55 6.58
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.94% 5.66% 7.65%
Free cash flow yield 38.11% 5.39% 15.20%

Profitability

Metric IGIC XZO Insurance Diversified median
Gross margin 33.27% 62.53% 53.26%
Operating margin 11.87% 48.01% 19.02%
Net margin 21.60% 38.84% 15.94%
Free cash flow margin 0.00% (0.57%) 6.29%
Return on equity 15.11% 45.77% 12.08%
Return on assets 4.82% 29.72% 5.31%
Return on invested capital 7.38% 36.63% 9.01%

Growth

Metric IGIC XZO Insurance Diversified median
Revenue growth (TTM) 1.89% 15.07% 1.89%
EPS growth (last fiscal year) (3.02%) 125.00% 28.70%
Revenue growth, 5-year CAGR 9.86% — 8.63%
Net income growth, 5-year CAGR 37.72% — 10.84%

Health

Metric IGIC XZO Insurance Diversified median
Debt to equity 0.00 0.00 0.17
Current ratio 0.65 1.53 0.47
Net debt to EBITDA (2.64) (2.80) 0.17

Dividend

Metric IGIC XZO Insurance Diversified median
Dividend yield 1.04% — 1.96%
Payout ratio 0.10 — 0.15

Size

Metric IGIC XZO Insurance Diversified median
Market cap 1.03b 1.55b 12.81b

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