Kemper Corporation (KMPR) vs Slide Insurance Holdings, Inc. (SLDE)

Kemper Corporation and Slide Insurance Holdings, Inc. are both Insurance Property & Casualty companies. Slide Insurance Holdings, Inc. is the larger, with a market value of $3.1B against $2.1B — 1.5× the size. Kemper Corporation has negative trailing earnings, so its P/E is not meaningful; Slide Insurance Holdings, Inc. trades at 5.4×. Slide Insurance Holdings, Inc. grew revenue faster over the last twelve months: 47.1% against −4.46%. Slide Insurance Holdings, Inc. has the higher net margin (39.3% vs −10.8%) and the higher return on invested capital (0.00% vs −9.97%). Both pay a dividend; Kemper Corporation yields more (3.64% vs 0.27%). Across the 18 metrics below, Slide Insurance Holdings, Inc. leads on 15 and Kemper Corporation on 3.

Valuation

Metric KMPR SLDE Insurance Property & Casualty median
P/E n/m 5.41 12.17
P/S 0.45 2.07 1.26
P/B 0.95 2.36 1.85
Price to free cash flow 51.52 3.20 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (23.88%) 18.48% 8.20%
Free cash flow yield 1.94% 31.27% 11.86%

Profitability

Metric KMPR SLDE Insurance Property & Casualty median
Gross margin (0.55%) 64.75% 37.39%
Operating margin (10.61%) 50.68% 14.67%
Net margin (10.84%) 39.28% 10.16%
Free cash flow margin 8.68% 64.74% 18.60%
Return on equity (19.34%) 51.44% 16.59%
Return on assets (4.04%) 19.18% 3.38%
Return on invested capital (9.97%) 0.00% 9.43%

Growth

Metric KMPR SLDE Insurance Property & Casualty median
Revenue growth (TTM) (4.46%) 47.09% 5.70%
EPS growth (last fiscal year) (53.36%) 102.37% 39.61%
Revenue growth, 5-year CAGR (1.65%) — 9.23%
Net income growth, 5-year CAGR (18.96%) — 10.09%

Health

Metric KMPR SLDE Insurance Property & Casualty median
Debt to equity 0.43 0.02 0.25
Current ratio 0.14 1.26 0.49
Net debt to EBITDA 2.92 (2.73) 0.08

Dividend

Metric KMPR SLDE Insurance Property & Casualty median
Dividend yield 3.64% 0.27% 1.56%
Payout ratio — 0.02 0.15

Size

Metric KMPR SLDE Insurance Property & Casualty median
Market cap 2.08b 3.10b 2.64b

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