Kemper Corporation (KMPR) vs Skyward Specialty Insurance Group, Inc. (SKWD)

Kemper Corporation and Skyward Specialty Insurance Group, Inc. are both Insurance Property & Casualty companies. Skyward Specialty Insurance Group, Inc. is the larger, with a market value of $2.7B against $1.7B — 1.6× the size. Kemper Corporation has negative trailing earnings, so its P/E is not meaningful; Skyward Specialty Insurance Group, Inc. trades at 13.8×. Skyward Specialty Insurance Group, Inc. grew revenue faster over the last twelve months: 38.3% against −4.46%. Skyward Specialty Insurance Group, Inc. has the higher net margin (10.8% vs −10.8%) and the higher return on invested capital (10.9% vs −9.97%). Across the 17 metrics below, Skyward Specialty Insurance Group, Inc. leads on 15 and Kemper Corporation on 2.

Valuation

Metric KMPR SKWD Insurance Property & Casualty median
P/E n/m 13.81 10.75
P/S 0.38 1.57 1.21
P/B 0.79 2.14 1.99
Price to free cash flow 42.86 6.83 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (28.70%) 7.24% 9.08%
Free cash flow yield 2.33% 14.65% 12.11%

Profitability

Metric KMPR SKWD Insurance Property & Casualty median
Gross margin (0.55%) 44.14% 41.16%
Operating margin (10.61%) 15.09% 15.09%
Net margin (10.84%) 10.84% 11.51%
Free cash flow margin 8.68% 23.20% 17.46%
Return on equity (19.34%) 17.34% 17.34%
Return on assets (4.04%) 3.38% 3.74%
Return on invested capital (9.97%) 10.89% 12.06%

Growth

Metric KMPR SKWD Insurance Property & Casualty median
Revenue growth (TTM) (4.46%) 38.27% 8.02%
EPS growth (last fiscal year) (53.36%) 41.81% 39.61%
Revenue growth, 5-year CAGR (1.65%) — 9.23%
Net income growth, 5-year CAGR (18.96%) — 10.09%

Health

Metric KMPR SKWD Insurance Property & Casualty median
Debt to equity 0.43 0.33 0.25
Current ratio 0.14 0.52 0.42
Net debt to EBITDA 2.92 (0.43) 0.08

Dividend

Metric KMPR SKWD Insurance Property & Casualty median
Dividend yield 4.37% — 1.50%
Payout ratio — — 0.14

Size

Metric KMPR SKWD Insurance Property & Casualty median
Market cap 1.67b 2.67b 2.67b

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