Selective Insurance Group, Inc. (SIGI) vs White Mountains Insurance Group, Ltd. (WTM)

Selective Insurance Group, Inc. and White Mountains Insurance Group, Ltd. are both Insurance Property & Casualty companies. Selective Insurance Group, Inc. and White Mountains Insurance Group, Ltd. are of similar size ($5.2B and $5.1B). White Mountains Insurance Group, Ltd. trades at the lower P/E: 4.9× against 11.1×. White Mountains Insurance Group, Ltd. grew revenue faster over the last twelve months: 55.5% against 7.01%. White Mountains Insurance Group, Ltd. has the higher net margin (29.3% vs 8.93%) and the higher return on invested capital (13.4% vs 9.36%). Both pay a dividend; Selective Insurance Group, Inc. yields more (1.93% vs 0.05%). Across the 21 metrics below, White Mountains Insurance Group, Ltd. leads on 15 and Selective Insurance Group, Inc. on 6.

Valuation

Metric SIGI WTM Insurance Property & Casualty median
P/E 11.06 4.92 10.75
P/S 0.97 1.36 1.21
P/B 1.54 0.85 1.99
Price to free cash flow 4.44 13.43 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.04% 20.35% 9.08%
Free cash flow yield 22.50% 7.45% 12.11%

Profitability

Metric SIGI WTM Insurance Property & Casualty median
Gross margin 41.16% 59.35% 41.16%
Operating margin 12.46% 40.83% 15.09%
Net margin 8.93% 29.29% 11.51%
Free cash flow margin 21.73% 10.13% 17.46%
Return on equity 14.73% 19.58% 17.34%
Return on assets 3.25% 8.77% 3.74%
Return on invested capital 9.36% 13.42% 12.06%

Growth

Metric SIGI WTM Insurance Property & Casualty median
Revenue growth (TTM) 7.01% 55.45% 8.02%
EPS growth (last fiscal year) 131.89% 379.05% 39.61%
Revenue growth, 5-year CAGR 12.80% 33.06% 9.23%
Net income growth, 5-year CAGR 13.16% 9.32% 10.09%

Health

Metric SIGI WTM Insurance Property & Casualty median
Debt to equity 0.25 0.15 0.25
Current ratio 0.25 0.56 0.42
Net debt to EBITDA 1.32 0.41 0.08

Dividend

Metric SIGI WTM Insurance Property & Casualty median
Dividend yield 1.93% 0.05% 1.50%
Payout ratio 0.21 0.00 0.14

Size

Metric SIGI WTM Insurance Property & Casualty median
Market cap 5.20b 5.12b 2.67b

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