Slide Insurance Holdings, Inc. (SLDE) vs Stewart Information Services Corporation (STC)

Slide Insurance Holdings, Inc. and Stewart Information Services Corporation are both Insurance Property & Casualty companies. Slide Insurance Holdings, Inc. is the larger, with a market value of $2.7B against $1.8B — 1.5× the size. Slide Insurance Holdings, Inc. trades at the lower P/E: 5.1× against 13.0×. Slide Insurance Holdings, Inc. grew revenue faster over the last twelve months: 45.8% against 22.5%. Slide Insurance Holdings, Inc. has the higher net margin (40.0% vs 4.12%) and the lower return on invested capital (0.00% vs 9.12%). Across the 20 metrics below, Slide Insurance Holdings, Inc. leads on 16 and Stewart Information Services Corporation on 4.

Valuation

Metric SLDE STC Insurance Property & Casualty median
P/E 5.05 12.98 10.29
P/S 1.92 0.55 1.17
P/B 2.23 1.08 1.83
Price to free cash flow 2.58 12.24 7.48
EV/EBITDA 1.17 6.01 7.49
EV/Sales 0.63 0.67 1.13
Earnings yield 19.78% 7.70% 9.50%
Free cash flow yield 38.81% 8.17% 13.29%

Profitability

Metric SLDE STC Insurance Property & Casualty median
Gross margin 67.94% 64.35% 41.16%
Operating margin 53.05% 9.19% 15.09%
Net margin 40.02% 4.12% 11.51%
Free cash flow margin 74.49% 4.50% 17.59%
Return on equity 53.88% 8.64% 18.19%
Return on assets 17.33% 4.44% 3.74%
Return on invested capital 0.00% 9.12% 12.06%

Growth

Metric SLDE STC Insurance Property & Casualty median
Revenue growth (TTM) 45.82% 22.49% 8.69%
EPS growth (last fiscal year) 102.37% 55.17% —
Revenue growth, 5-year CAGR — 5.01% 9.23%
Net income growth, 5-year CAGR — (5.70%) 10.09%

Health

Metric SLDE STC Insurance Property & Casualty median
Debt to equity 0.02 0.39 0.25
Current ratio 1.22 1.81 0.42
Net debt to EBITDA (2.73) 0.99 0.08

Dividend

Metric SLDE STC Insurance Property & Casualty median
Dividend yield — 3.10% 2.79%
Payout ratio — 0.97 0.27

Size

Metric SLDE STC Insurance Property & Casualty median
Market cap 2.74b 1.82b 2.44b

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