Porch Group, Inc. (PRCH) vs Stewart Information Services Corporation (STC)

Porch Group, Inc. and Stewart Information Services Corporation are both Insurance Property & Casualty companies. Porch Group, Inc. is the larger, with a market value of $2.0B against $1.6B — 1.3× the size. Porch Group, Inc. has negative trailing earnings, so its P/E is not meaningful; Stewart Information Services Corporation trades at 11.5×. Stewart Information Services Corporation grew revenue faster over the last twelve months: 22.5% against 16.1%. Stewart Information Services Corporation has the higher net margin (4.12% vs −2.62%) and the higher return on invested capital (9.12% vs 7.07%). Across the 19 metrics below, Stewart Information Services Corporation leads on 14 and Porch Group, Inc. on 5.

Valuation

Metric PRCH STC Insurance Property & Casualty median
P/E n/m 11.52 10.75
P/S 3.79 0.49 1.21
P/B 100.38 0.96 1.99
Price to free cash flow 25.25 10.87 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (1.70%) 8.68% 9.08%
Free cash flow yield 3.96% 9.20% 12.11%

Profitability

Metric PRCH STC Insurance Property & Casualty median
Gross margin 72.10% 64.35% 41.16%
Operating margin 7.88% 9.19% 15.09%
Net margin (2.62%) 4.12% 11.51%
Free cash flow margin 15.60% 4.50% 17.46%
Return on equity (156.54%) 8.64% 17.34%
Return on assets (1.69%) 4.44% 3.74%
Return on invested capital 7.07% 9.12% 12.06%

Growth

Metric PRCH STC Insurance Property & Casualty median
Revenue growth (TTM) 16.10% 22.49% 8.02%
EPS growth (last fiscal year) 90.90% 55.17% 39.61%
Revenue growth, 5-year CAGR 46.17% 5.01% 9.23%
Net income growth, 5-year CAGR 0.00% (5.70%) 10.09%

Health

Metric PRCH STC Insurance Property & Casualty median
Debt to equity 20.93 0.39 0.25
Current ratio 1.45 1.81 0.42
Net debt to EBITDA 5.36 0.99 0.08

Dividend

Metric PRCH STC Insurance Property & Casualty median
Dividend yield — 4.04% 1.50%
Payout ratio — 0.47 0.14

Size

Metric PRCH STC Insurance Property & Casualty median
Market cap 1.99b 1.59b 2.67b

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