Porch Group, Inc. (PRCH) vs Skyward Specialty Insurance Group, Inc. (SKWD)

Porch Group, Inc. and Skyward Specialty Insurance Group, Inc. are both Insurance Property & Casualty companies. Skyward Specialty Insurance Group, Inc. is the larger, with a market value of $2.8B against $2.3B — 1.2× the size. Skyward Specialty Insurance Group, Inc. trades at the lower P/E: 14.4× against 344×. Skyward Specialty Insurance Group, Inc. grew revenue faster over the last twelve months: 38.3% against 15.6%. Skyward Specialty Insurance Group, Inc. has the higher net margin (10.8% vs 1.81%) and the higher return on invested capital (10.9% vs 7.73%). Across the 18 metrics below, Skyward Specialty Insurance Group, Inc. leads on 14 and Porch Group, Inc. on 4.

Valuation

Metric PRCH SKWD Insurance Property & Casualty median
P/E 343.94 14.37 12.17
P/S 4.37 1.63 1.26
P/B 78.18 2.23 1.85
Price to free cash flow 24.29 7.10 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 0.29% 6.96% 8.20%
Free cash flow yield 4.12% 14.08% 11.86%

Profitability

Metric PRCH SKWD Insurance Property & Casualty median
Gross margin 72.06% 44.14% 37.39%
Operating margin 7.97% 15.09% 14.67%
Net margin 1.81% 10.84% 10.16%
Free cash flow margin 18.60% 23.20% 18.60%
Return on equity 47.80% 17.34% 16.59%
Return on assets 1.16% 3.38% 3.38%
Return on invested capital 7.73% 10.89% 9.43%

Growth

Metric PRCH SKWD Insurance Property & Casualty median
Revenue growth (TTM) 15.64% 38.27% 5.70%
EPS growth (last fiscal year) 90.90% 41.81% 39.61%
Revenue growth, 5-year CAGR 46.17% — 9.23%
Net income growth, 5-year CAGR 0.00% — 10.09%

Health

Metric PRCH SKWD Insurance Property & Casualty median
Debt to equity 13.63 0.33 0.25
Current ratio 1.46 0.52 0.49
Net debt to EBITDA 5.36 (0.43) 0.08

Dividend

Metric PRCH SKWD Insurance Property & Casualty median
Dividend yield — — 1.56%
Payout ratio — — 0.15

Size

Metric PRCH SKWD Insurance Property & Casualty median
Market cap 2.32b 2.84b 2.64b

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