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 ($6.0B and $5.5B). White Mountains Insurance Group, Ltd. trades at the lower P/E: 6.0× against 12.2×. White Mountains Insurance Group, Ltd. grew revenue faster over the last twelve months: 44.9% against 3.99%. White Mountains Insurance Group, Ltd. has the higher net margin (26.9% vs 9.23%) and the lower return on invested capital (0.00% vs 10.1%). Both pay a dividend; Selective Insurance Group, Inc. yields more (1.70% vs 0.04%). Across the 21 metrics below, White Mountains Insurance Group, Ltd. leads on 12 and Selective Insurance Group, Inc. on 9.

Valuation

Metric SIGI WTM Insurance Property & Casualty median
P/E 12.19 6.04 12.17
P/S 1.11 1.49 1.26
P/B 1.85 0.88 1.85
Price to free cash flow 5.24 13.97 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 8.20% 16.55% 8.20%
Free cash flow yield 19.07% 7.16% 11.86%

Profitability

Metric SIGI WTM Insurance Property & Casualty median
Gross margin 41.83% 0.00% 37.39%
Operating margin 12.84% 0.00% 14.67%
Net margin 9.23% 26.86% 10.16%
Free cash flow margin 20.94% 10.69% 18.60%
Return on equity 15.35% 16.59% 16.59%
Return on assets 3.27% 7.54% 3.38%
Return on invested capital 10.07% 0.00% 9.43%

Growth

Metric SIGI WTM Insurance Property & Casualty median
Revenue growth (TTM) 3.99% 44.92% 5.70%
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 0.26 0.15 0.25
Current ratio 0.25 0.56 0.49
Net debt to EBITDA 1.32 0.41 0.08

Dividend

Metric SIGI WTM Insurance Property & Casualty median
Dividend yield 1.70% 0.04% 1.56%
Payout ratio 0.21 0.00 0.15

Size

Metric SIGI WTM Insurance Property & Casualty median
Market cap 6.00b 5.48b 2.64b

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