Safety Insurance Group, Inc. (SAFT) vs Trupanion, Inc. (TRUP)

Safety Insurance Group, Inc. and Trupanion, Inc. are both Insurance Property & Casualty companies. Safety Insurance Group, Inc. is the larger, with a market value of $1.5B against $1.2B — 1.3× the size. Safety Insurance Group, Inc. trades at the lower P/E: 22.4× against 52.1×. Trupanion, Inc. grew revenue faster over the last twelve months: 11.8% against 7.21%. Safety Insurance Group, Inc. has the higher net margin (5.33% vs 1.53%) and the lower return on invested capital (6.55% vs 12.8%). Across the 20 metrics below, Safety Insurance Group, Inc. leads on 11 and Trupanion, Inc. on 9.

Valuation

Metric SAFT TRUP Insurance Property & Casualty median
P/E 22.37 52.07 10.75
P/S 1.17 0.81 1.21
P/B 1.72 3.00 1.99
Price to free cash flow 8.60 14.96 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 4.47% 1.92% 9.08%
Free cash flow yield 11.63% 6.68% 12.11%

Profitability

Metric SAFT TRUP Insurance Property & Casualty median
Gross margin 7.63% 16.55% 41.16%
Operating margin 6.99% 1.57% 15.09%
Net margin 5.33% 1.53% 11.51%
Free cash flow margin 13.66% 5.40% 17.46%
Return on equity 7.84% 6.07% 17.34%
Return on assets 2.82% 2.61% 3.74%
Return on invested capital 6.55% 12.78% 12.06%

Growth

Metric SAFT TRUP Insurance Property & Casualty median
Revenue growth (TTM) 7.21% 11.80% 8.02%
EPS growth (last fiscal year) 40.17% 295.65% 39.61%
Revenue growth, 5-year CAGR 8.35% 23.45% 9.23%
Net income growth, 5-year CAGR (6.41%) 0.00% 10.09%

Health

Metric SAFT TRUP Insurance Property & Casualty median
Debt to equity 0.06 0.26 0.25
Current ratio 0.40 1.77 0.42
Net debt to EBITDA (0.18) (8.49) 0.08

Dividend

Metric SAFT TRUP Insurance Property & Casualty median
Dividend yield 3.54% — 1.50%
Payout ratio 0.79 — 0.14

Size

Metric SAFT TRUP Insurance Property & Casualty median
Market cap 1.53b 1.22b 2.67b

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