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 $2.8B against $2.1B — 1.4× the size. Kemper Corporation has negative trailing earnings, so its P/E is not meaningful; Skyward Specialty Insurance Group, Inc. trades at 13.7×. Skyward Specialty Insurance Group, Inc. grew revenue faster over the last twelve months: 35.3% against −4.46%. Skyward Specialty Insurance Group, Inc. has the higher net margin (10.6% vs −10.8%) and the higher return on invested capital (11.8% 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 13.73 11.90
P/S 0.43 1.49 1.24
P/B 0.91 2.11 1.86
Price to free cash flow 49.11 6.22 7.91
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (25.04%) 7.28% 8.14%
Free cash flow yield 2.04% 16.07% 11.91%

Profitability

Metric KMPR SKWD Insurance Property & Casualty median
Gross margin (0.55%) 44.33% 39.44%
Operating margin (10.61%) 14.93% 14.71%
Net margin (10.84%) 10.62% 10.47%
Free cash flow margin 8.68% 24.42% 18.60%
Return on equity (19.34%) 17.14% 16.87%
Return on assets (4.04%) 3.27% 3.49%
Return on invested capital (9.97%) 11.84% 11.84%

Growth

Metric KMPR SKWD Insurance Property & Casualty median
Revenue growth (TTM) (4.46%) 35.27% 5.51%
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 0.49
Net debt to EBITDA 2.92 (0.43) 0.08

Dividend

Metric KMPR SKWD Insurance Property & Casualty median
Dividend yield 3.82% — 1.59%
Payout ratio — — 0.15

Size

Metric KMPR SKWD Insurance Property & Casualty median
Market cap 2.08b 2.84b 2.62b

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