Kemper Corporation (KMPR) vs UNIVERSAL INSURANCE HOLDINGS INC (UVE)

Kemper Corporation and UNIVERSAL INSURANCE HOLDINGS INC are both Insurance Property & Casualty companies. Kemper Corporation is the larger, with a market value of $1.7B against $1.3B — 1.3× the size. Kemper Corporation has negative trailing earnings, so its P/E is not meaningful; UNIVERSAL INSURANCE HOLDINGS INC trades at 6.0×. UNIVERSAL INSURANCE HOLDINGS INC grew revenue faster over the last twelve months: 3.96% against −4.46%. UNIVERSAL INSURANCE HOLDINGS INC has the higher net margin (13.5% vs −10.8%) and the higher return on invested capital (139.4% vs −9.97%). Both pay a dividend; Kemper Corporation yields more (4.37% vs 1.36%). Across the 20 metrics below, UNIVERSAL INSURANCE HOLDINGS INC leads on 17 and Kemper Corporation on 3.

Valuation

Metric KMPR UVE Insurance Property & Casualty median
P/E n/m 6.03 10.75
P/S 0.38 0.80 1.21
P/B 0.79 2.04 1.99
Price to free cash flow 42.86 3.83 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (28.70%) 16.59% 9.08%
Free cash flow yield 2.33% 26.13% 12.11%

Profitability

Metric KMPR UVE Insurance Property & Casualty median
Gross margin (0.55%) 25.87% 41.16%
Operating margin (10.61%) 18.37% 15.09%
Net margin (10.84%) 13.49% 11.51%
Free cash flow margin 8.68% 20.85% 17.46%
Return on equity (19.34%) 40.16% 17.34%
Return on assets (4.04%) 6.68% 3.74%
Return on invested capital (9.97%) 139.39% 12.06%

Growth

Metric KMPR UVE Insurance Property & Casualty median
Revenue growth (TTM) (4.46%) 3.96% 8.02%
EPS growth (last fiscal year) (53.36%) 214.43% 39.61%
Revenue growth, 5-year CAGR (1.65%) 8.38% 9.23%
Net income growth, 5-year CAGR (18.96%) 57.14% 10.09%

Health

Metric KMPR UVE Insurance Property & Casualty median
Debt to equity 0.43 0.15 0.25
Current ratio 0.14 0.57 0.42
Net debt to EBITDA 2.92 (1.47) 0.08

Dividend

Metric KMPR UVE Insurance Property & Casualty median
Dividend yield 4.37% 1.36% 1.50%
Payout ratio — 0.08 0.14

Size

Metric KMPR UVE Insurance Property & Casualty median
Market cap 1.67b 1.30b 2.67b

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