Porch Group, Inc. (PRCH) vs United Fire Group, Inc (UFCS)

Porch Group, Inc. and United Fire Group, Inc are both Insurance Property & Casualty companies. Porch Group, Inc. is the larger, with a market value of $2.0B against $1.4B — 1.4× the size. Porch Group, Inc. has negative trailing earnings, so its P/E is not meaningful; United Fire Group, Inc trades at 10.5×. Porch Group, Inc. grew revenue faster over the last twelve months: 16.1% against 11.4%. United Fire Group, Inc has the higher net margin (9.57% vs −2.62%) and the higher return on invested capital (12.0% vs 7.07%). Across the 18 metrics below, United Fire Group, Inc leads on 13 and Porch Group, Inc. on 5.

Valuation

Metric PRCH UFCS Insurance Property & Casualty median
P/E n/m 10.47 10.75
P/S 3.79 0.98 1.21
P/B 100.38 1.48 1.99
Price to free cash flow 25.25 5.39 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield (1.70%) 9.55% 9.08%
Free cash flow yield 3.96% 18.57% 12.11%

Profitability

Metric PRCH UFCS Insurance Property & Casualty median
Gross margin 72.10% 35.24% 41.16%
Operating margin 7.88% 12.87% 15.09%
Net margin (2.62%) 9.57% 11.51%
Free cash flow margin 15.60% 18.22% 17.46%
Return on equity (156.54%) 15.46% 17.34%
Return on assets (1.69%) 3.67% 3.74%
Return on invested capital 7.07% 12.03% 12.06%

Growth

Metric PRCH UFCS Insurance Property & Casualty median
Revenue growth (TTM) 16.10% 11.36% 8.02%
EPS growth (last fiscal year) 90.90% 87.45% 39.61%
Revenue growth, 5-year CAGR 46.17% 5.34% 9.23%
Net income growth, 5-year CAGR 0.00% 0.00% 10.09%

Health

Metric PRCH UFCS Insurance Property & Casualty median
Debt to equity 20.93 0.15 0.25
Current ratio 1.45 0.34 0.42
Net debt to EBITDA 5.36 (0.06) 0.08

Dividend

Metric PRCH UFCS Insurance Property & Casualty median
Dividend yield — 1.35% 1.50%
Payout ratio — 0.14 0.14

Size

Metric PRCH UFCS Insurance Property & Casualty median
Market cap 1.99b 1.42b 2.67b

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