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 $1.4B against $1.1B — 1.3× the size. International General Insurance Holdings Ltd. trades at the lower P/E: 9.9× against 15.5×. Exzeo Group, Inc. has the higher net margin (39.5% vs 23.3%) and the higher return on invested capital (44.4% vs 8.64%). Across the 18 metrics below, Exzeo Group, Inc. leads on 10 and International General Insurance Holdings Ltd. on 8.

Valuation

Metric IGIC XZO Insurance Diversified median
P/E 9.90 15.52 11.30
P/S 2.27 6.05 1.47
P/B 1.57 4.66 1.45
Price to free cash flow 2.69 16.46 5.78
EV/EBITDA 13.13 10.90 6.62
EV/Sales 1.85 5.43 1.82
Earnings yield 10.11% 6.44% 7.87%
Free cash flow yield 37.15% 6.08% 17.30%

Profitability

Metric IGIC XZO Insurance Diversified median
Gross margin 35.80% 62.32% 53.26%
Operating margin 14.11% 48.51% 18.04%
Net margin 23.25% 39.45% 15.94%
Free cash flow margin 84.64% 36.76% 20.02%
Return on equity 16.14% 57.63% 12.08%
Return on assets 5.00% 45.36% 5.06%
Return on invested capital 8.64% 44.41% 9.01%

Growth

Metric IGIC XZO Insurance Diversified median
Revenue growth (TTM) (2.62%) — (1.11%)
EPS growth (last fiscal year) (3.02%) 69.29% —
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 0.22
Current ratio 0.61 1.85 0.48
Net debt to EBITDA (2.64) (2.80) 0.17

Dividend

Metric IGIC XZO Insurance Diversified median
Dividend yield 0.31% — 2.08%
Payout ratio 0.02 — 0.02

Size

Metric IGIC XZO Insurance Diversified median
Market cap 1.05b 1.41b 13.12b

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