Pelagos Insurance Capital Limited (PLGO) vs Waterdrop Inc. Unsponsored ADR (WDH)

Pelagos Insurance Capital Limited and Waterdrop Inc. Unsponsored ADR are both Insurance Diversified companies. Pelagos Insurance Capital Limited is the larger, with a market value of $2.0B against $286.3M — 7.0× the size. Waterdrop Inc. Unsponsored ADR trades at the lower P/E: 5.0× against 5.8×. Waterdrop Inc. Unsponsored ADR grew revenue faster over the last twelve months: 80.9% against −3.61%. Pelagos Insurance Capital Limited has the higher net margin (15.9% vs 10.8%) and the higher return on invested capital (13.4% vs 6.46%). Across the 22 metrics below, Waterdrop Inc. Unsponsored ADR leads on 14 and Pelagos Insurance Capital Limited on 8.

Valuation

Metric PLGO WDH Insurance Diversified median
P/E 5.85 4.95 11.30
P/S 0.81 0.50 1.47
P/B 0.92 0.48 1.45
Price to free cash flow 3.23 1.66 5.78
EV/EBITDA 4.43 2.49 6.62
EV/Sales 0.89 0.19 1.82
Earnings yield 17.10% 20.19% 7.87%
Free cash flow yield 30.97% 60.39% 17.30%

Profitability

Metric PLGO WDH Insurance Diversified median
Gross margin 25.19% 57.13% 53.26%
Operating margin 20.68% 7.68% 18.04%
Net margin 15.94% 10.75% 15.94%
Free cash flow margin 25.07% 0.00% 20.02%
Return on equity 17.64% 10.75% 12.08%
Return on assets 2.97% 7.69% 5.06%
Return on invested capital 13.40% 6.46% 9.01%

Growth

Metric PLGO WDH Insurance Diversified median
Revenue growth (TTM) (3.61%) 80.88% (1.11%)
EPS growth (last fiscal year) 115.31% 70.28% —
Revenue growth, 5-year CAGR 26.60% 4.16% 8.63%
Net income growth, 5-year CAGR 12.17% 0.00% 10.84%

Health

Metric PLGO WDH Insurance Diversified median
Debt to equity 0.32 0.09 0.22
Current ratio 0.65 2.19 0.48
Net debt to EBITDA (1.33) (4.16) 0.17

Dividend

Metric PLGO WDH Insurance Diversified median
Dividend yield — — 2.08%
Payout ratio — 0.00 0.02

Size

Metric PLGO WDH Insurance Diversified median
Market cap 1.99b 286.30m 13.12b

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