Kinsale Capital Group, Inc. (KNSL) vs Selective Insurance Group, Inc. (SIGI)

Kinsale Capital Group, Inc. and Selective Insurance Group, Inc. are both Insurance Property & Casualty companies. Kinsale Capital Group, Inc. is the larger, with a market value of $8.6B against $5.9B — 1.5× the size. Selective Insurance Group, Inc. trades at the lower P/E: 12.1× against 16.6×. Kinsale Capital Group, Inc. grew revenue faster over the last twelve months: 8.35% against 3.99%. Kinsale Capital Group, Inc. has the higher net margin (26.9% vs 9.23%) and the higher return on invested capital (21.1% vs 10.1%). Both pay a dividend; Selective Insurance Group, Inc. yields more (2.19% vs 0.24%). Across the 21 metrics below, Kinsale Capital Group, Inc. leads on 11 and Selective Insurance Group, Inc. on 10.

Valuation

Metric KNSL SIGI Insurance Property & Casualty median
P/E 16.65 12.06 11.87
P/S 4.41 1.09 1.26
P/B 4.49 1.83 1.99
Price to free cash flow 8.85 5.19 8.12
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.01% 8.29% 8.04%
Free cash flow yield 11.30% 19.28% 11.85%

Profitability

Metric KNSL SIGI Insurance Property & Casualty median
Gross margin 34.47% 41.83% 41.66%
Operating margin 34.33% 12.84% 14.71%
Net margin 26.89% 9.23% 10.84%
Free cash flow margin 49.82% 20.94% 17.46%
Return on equity 27.76% 15.35% 16.87%
Return on assets 8.56% 3.27% 3.57%
Return on invested capital 21.13% 10.07% 12.03%

Growth

Metric KNSL SIGI Insurance Property & Casualty median
Revenue growth (TTM) 8.35% 3.99% 5.92%
EPS growth (last fiscal year) 21.77% 131.89% 39.61%
Revenue growth, 5-year CAGR 32.44% 12.80% 9.23%
Net income growth, 5-year CAGR 41.62% 13.16% 10.09%

Health

Metric KNSL SIGI Insurance Property & Casualty median
Debt to equity 0.12 0.26 0.25
Current ratio 0.07 0.25 0.42
Net debt to EBITDA 0.09 1.32 0.08

Dividend

Metric KNSL SIGI Insurance Property & Casualty median
Dividend yield 0.24% 2.19% 1.44%
Payout ratio 0.04 0.26 0.14

Size

Metric KNSL SIGI Insurance Property & Casualty median
Market cap 8.63b 5.93b 2.61b

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