Kinsale Capital Group, Inc. (KNSL) vs Old Republic International Corporation (ORI)

Kinsale Capital Group, Inc. and Old Republic International Corporation are both Insurance Property & Casualty companies. Kinsale Capital Group, Inc. and Old Republic International Corporation are of similar size ($9.7B and $8.9B). Old Republic International Corporation trades at the lower P/E: 8.8× against 17.2×. Old Republic International Corporation grew revenue faster over the last twelve months: 12.5% against 8.35%. Kinsale Capital Group, Inc. has the higher net margin (26.9% vs 11.2%) and the higher return on invested capital (21.1% vs 12.5%). Both pay a dividend; Old Republic International Corporation yields more (3.07% vs 0.23%). Across the 21 metrics below, Kinsale Capital Group, Inc. leads on 12 and Old Republic International Corporation on 9.

Valuation

Metric KNSL ORI Insurance Property & Casualty median
P/E 17.23 8.85 12.17
P/S 4.56 0.98 1.26
P/B 4.64 1.64 1.85
Price to free cash flow 9.16 8.44 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 5.81% 11.30% 8.20%
Free cash flow yield 10.92% 11.86% 11.86%

Profitability

Metric KNSL ORI Insurance Property & Casualty median
Gross margin 34.47% 14.85% 37.39%
Operating margin 34.33% 14.85% 14.67%
Net margin 26.89% 11.20% 10.16%
Free cash flow margin 49.82% 11.64% 18.60%
Return on equity 27.76% 17.88% 16.59%
Return on assets 8.56% 3.57% 3.38%
Return on invested capital 21.13% 12.51% 9.43%

Growth

Metric KNSL ORI Insurance Property & Casualty median
Revenue growth (TTM) 8.35% 12.51% 5.70%
EPS growth (last fiscal year) 21.77% 14.81% 39.61%
Revenue growth, 5-year CAGR 32.44% 4.98% 9.23%
Net income growth, 5-year CAGR 41.62% 10.86% 10.09%

Health

Metric KNSL ORI Insurance Property & Casualty median
Debt to equity 0.12 0.30 0.25
Current ratio 0.07 0.18 0.49
Net debt to EBITDA 0.09 1.04 0.08

Dividend

Metric KNSL ORI Insurance Property & Casualty median
Dividend yield 0.23% 3.07% 1.56%
Payout ratio 0.04 0.28 0.15

Size

Metric KNSL ORI Insurance Property & Casualty median
Market cap 8.93b 9.69b 2.64b

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