MBIA, Inc. (MBI) vs Tiptree Financial Inc. (TIPT)

MBIA, Inc. and Tiptree Financial Inc. are both Insurance Specialty companies. Tiptree Financial Inc. is the larger, with a market value of $632.3M against $226.0M — 2.8× the size. MBIA, Inc. has negative trailing earnings, so its P/E is not meaningful; Tiptree Financial Inc. trades at 1.6×. MBIA, Inc. grew revenue faster over the last twelve months: −8.74% against −67.9%. Tiptree Financial Inc. has the higher net margin (0.00% vs −154.3%) and the lower return on invested capital (0.00% vs 3.08%). Only Tiptree Financial Inc. pays a dividend (1.22%). Across the 20 metrics below, MBIA, Inc. leads on 10 and Tiptree Financial Inc. on 10.

Valuation

Metric MBI TIPT Insurance Specialty median
P/E n/m 1.55 9.15
P/S 2.34 1,317.92 1.84
P/B n/m 0.71 1.16
Price to free cash flow 5.51 3.07 8.16
EV/EBITDA 74.33 9.81 7.51
EV/Sales 37.16 (799.01) 2.17
Earnings yield (65.83%) 64.31% 10.79%
Free cash flow yield 18.15% 32.58% 11.79%

Profitability

Metric MBI TIPT Insurance Specialty median
Gross margin 131.91% 100.00% 73.81%
Operating margin 50.00% 0.00% 17.70%
Net margin (154.26%) 0.00% 13.80%
Free cash flow margin 45.74% 0.00% 34.47%
Return on equity 6.47% 50.76% 12.01%
Return on assets (7.05%) 11.37% 4.12%
Return on invested capital 3.08% 0.00% 8.77%

Growth

Metric MBI TIPT Insurance Specialty median
Revenue growth (TTM) (8.74%) (67.89%) 7.53%
EPS growth (last fiscal year) 62.04% (41.54%) —
Revenue growth, 5-year CAGR (22.27%) (77.30%) 2.24%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MBI TIPT Insurance Specialty median
Debt to equity (1.46) 0.00 0.15
Current ratio 0.53 0.00 0.53
Net debt to EBITDA 213.63 (0.43) 0.28

Dividend

Metric MBI TIPT Insurance Specialty median
Dividend yield 0.00% 1.22% 2.60%
Payout ratio 0.00 0.32 0.21

Size

Metric MBI TIPT Insurance Specialty median
Market cap 226.00m 632.33m 3.13b

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