Investors Title Company (ITIC) vs Octave Specialty Group, Inc. (OSG)

Investors Title Company and Octave Specialty Group, Inc. are both Insurance Specialty companies. Investors Title Company is the larger, with a market value of $542.3M against $186.5M — 2.9× the size. Octave Specialty Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Investors Title Company trades at 13.4×. Octave Specialty Group, Inc. grew revenue faster over the last twelve months: 26.8% against 8.67%. Investors Title Company has the higher net margin (13.8% vs −51.1%) and the higher return on invested capital (12.2% vs −1.66%). Across the 20 metrics below, Investors Title Company leads on 10 and Octave Specialty Group, Inc. on 10.

Valuation

Metric ITIC OSG Insurance Specialty median
P/E 13.36 n/m 9.15
P/S 1.84 0.59 1.84
P/B 1.88 0.23 1.16
Price to free cash flow 20.42 n/m 8.16
EV/EBITDA 9.47 17.48 7.51
EV/Sales 1.77 1.30 2.17
Earnings yield 7.48% (87.11%) 10.79%
Free cash flow yield 4.90% (32.67%) 11.79%

Profitability

Metric ITIC OSG Insurance Specialty median
Gross margin 56.22% 75.14% 73.81%
Operating margin 17.70% (7.39%) 17.70%
Net margin 13.80% (51.11%) 13.80%
Free cash flow margin 9.02% (19.37%) 34.47%
Return on equity 14.63% (17.75%) 12.01%
Return on assets 11.14% (3.03%) 4.12%
Return on invested capital 12.18% (1.66%) 8.77%

Growth

Metric ITIC OSG Insurance Specialty median
Revenue growth (TTM) 8.67% 26.78% 7.53%
EPS growth (last fiscal year) 13.02% 44.63% —
Revenue growth, 5-year CAGR 2.90% 10.00% 2.24%
Net income growth, 5-year CAGR (2.25%) 0.00% 0.00%

Health

Metric ITIC OSG Insurance Specialty median
Debt to equity 0.00 0.19 0.15
Current ratio 0.52 0.83 0.53
Net debt to EBITDA (0.44) (14.51) 0.28

Dividend

Metric ITIC OSG Insurance Specialty median
Dividend yield 1.11% — 2.60%
Payout ratio 0.14 0.00 0.21

Size

Metric ITIC OSG Insurance Specialty median
Market cap 542.31m 186.51m 3.13b

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