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. and Trupanion, Inc. are of similar size ($1.5B and $1.5B). Safety Insurance Group, Inc. trades at the lower P/E: 22.4× against 56.6×. Trupanion, Inc. grew revenue faster over the last twelve months: 11.4% against 7.21%. Safety Insurance Group, Inc. has the higher net margin (5.33% vs 1.71%) and the lower return on invested capital (6.55% vs 16.3%). Across the 20 metrics below, Safety Insurance Group, Inc. leads on 10 and Trupanion, Inc. on 10.

Valuation

Metric SAFT TRUP Insurance Property & Casualty median
P/E 22.42 56.64 12.17
P/S 1.18 0.97 1.26
P/B 1.73 3.77 1.85
Price to free cash flow 8.62 17.37 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 4.46% 1.77% 8.20%
Free cash flow yield 11.61% 5.76% 11.86%

Profitability

Metric SAFT TRUP Insurance Property & Casualty median
Gross margin 7.63% 16.75% 37.39%
Operating margin 6.99% 0.00% 14.67%
Net margin 5.33% 1.71% 10.16%
Free cash flow margin 13.66% 5.56% 18.60%
Return on equity 7.84% 6.94% 16.59%
Return on assets 2.82% 2.96% 3.38%
Return on invested capital 6.55% 16.28% 9.43%

Growth

Metric SAFT TRUP Insurance Property & Casualty median
Revenue growth (TTM) 7.21% 11.41% 5.70%
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 1.74 0.49
Net debt to EBITDA (0.18) (8.49) 0.08

Dividend

Metric SAFT TRUP Insurance Property & Casualty median
Dividend yield 3.53% — 1.56%
Payout ratio 0.79 — 0.15

Size

Metric SAFT TRUP Insurance Property & Casualty median
Market cap 1.53b 1.52b 2.64b

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