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. Old Republic International Corporation is the larger, with a market value of $9.3B against $8.1B — 1.1× the size. Old Republic International Corporation trades at the lower P/E: 8.5× against 14.7×. Kinsale Capital Group, Inc. grew revenue faster over the last twelve months: 15.8% against 12.1%. Kinsale Capital Group, Inc. has the higher net margin (28.5% vs 11.7%) and the higher return on invested capital (22.1% vs 12.1%). Both pay a dividend; Old Republic International Corporation yields more (3.11% vs 0.25%). Across the 21 metrics below, Kinsale Capital Group, Inc. leads on 13 and Old Republic International Corporation on 8.

Valuation

Metric KNSL ORI Insurance Property & Casualty median
P/E 14.67 8.47 10.75
P/S 4.14 0.98 1.21
P/B 4.06 1.56 1.99
Price to free cash flow 8.26 7.43 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.82% 11.81% 9.08%
Free cash flow yield 12.11% 13.46% 12.11%

Profitability

Metric KNSL ORI Insurance Property & Casualty median
Gross margin 36.47% 15.79% 41.16%
Operating margin 36.33% 15.79% 15.09%
Net margin 28.49% 11.71% 11.51%
Free cash flow margin 50.14% 13.17% 17.46%
Return on equity 30.27% 18.52% 17.34%
Return on assets 9.49% 3.74% 3.74%
Return on invested capital 22.12% 12.06% 12.06%

Growth

Metric KNSL ORI Insurance Property & Casualty median
Revenue growth (TTM) 15.82% 12.12% 8.02%
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 0.11 0.38 0.25
Current ratio 0.09 0.19 0.42
Net debt to EBITDA 0.09 1.04 0.08

Dividend

Metric KNSL ORI Insurance Property & Casualty median
Dividend yield 0.25% 3.11% 1.50%
Payout ratio 0.04 0.27 0.14

Size

Metric KNSL ORI Insurance Property & Casualty median
Market cap 8.14b 9.34b 2.67b

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