Porch Group, Inc. (PRCH) vs Slide Insurance Holdings, Inc. (SLDE)

Porch Group, Inc. and Slide Insurance Holdings, Inc. are both Insurance Property & Casualty companies. Slide Insurance Holdings, Inc. is the larger, with a market value of $2.7B against $1.9B — 1.5× the size. Porch Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Slide Insurance Holdings, Inc. trades at 5.1×. Slide Insurance Holdings, Inc. grew revenue faster over the last twelve months: 45.8% against 16.1%. Slide Insurance Holdings, Inc. has the higher net margin (40.0% vs −2.62%) and the lower return on invested capital (0.00% vs 7.07%). Across the 19 metrics below, Slide Insurance Holdings, Inc. leads on 16 and Porch Group, Inc. on 3.

Valuation

Metric PRCH SLDE Insurance Property & Casualty median
P/E n/m 5.05 10.29
P/S 3.58 1.92 1.17
P/B 94.82 2.23 1.83
Price to free cash flow 23.85 2.58 7.48
EV/EBITDA 31.45 1.17 7.49
EV/Sales 4.23 0.63 1.13
Earnings yield (1.80%) 19.78% 9.50%
Free cash flow yield 4.19% 38.81% 13.29%

Profitability

Metric PRCH SLDE Insurance Property & Casualty median
Gross margin 72.10% 67.94% 41.16%
Operating margin 7.88% 53.05% 15.09%
Net margin (2.62%) 40.02% 11.51%
Free cash flow margin 15.60% 74.49% 17.59%
Return on equity (156.54%) 53.88% 18.19%
Return on assets (1.69%) 17.33% 3.74%
Return on invested capital 7.07% 0.00% 12.06%

Growth

Metric PRCH SLDE Insurance Property & Casualty median
Revenue growth (TTM) 16.10% 45.82% 8.69%
EPS growth (last fiscal year) 90.90% 102.37% —
Revenue growth, 5-year CAGR 20.18% — 9.23%
Net income growth, 5-year CAGR 0.00% — 10.09%

Health

Metric PRCH SLDE Insurance Property & Casualty median
Debt to equity 20.93 0.02 0.25
Current ratio 1.45 1.22 0.42
Net debt to EBITDA 5.36 (2.73) 0.08

Dividend

Metric PRCH SLDE Insurance Property & Casualty median
Dividend yield — — 2.79%
Payout ratio 0.00 — 0.27

Size

Metric PRCH SLDE Insurance Property & Casualty median
Market cap 1.87b 2.74b 2.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack