Trupanion, Inc. (TRUP) vs United Fire Group, Inc (UFCS)

Trupanion, Inc. and United Fire Group, Inc are both Insurance Property & Casualty companies. United Fire Group, Inc is the larger, with a market value of $1.4B against $983.6M — 1.4× the size. United Fire Group, Inc trades at the lower P/E: 9.9× against 42.9×. Trupanion, Inc. grew revenue faster over the last twelve months: 11.8% against 11.4%. United Fire Group, Inc has the higher net margin (9.57% vs 1.53%) and the lower return on invested capital (12.0% vs 12.8%). Across the 21 metrics below, United Fire Group, Inc leads on 13 and Trupanion, Inc. on 8.

Valuation

Metric TRUP UFCS Insurance Property & Casualty median
P/E 42.89 9.91 10.29
P/S 0.67 0.93 1.17
P/B 2.47 1.40 1.83
Price to free cash flow 12.32 5.10 7.48
EV/EBITDA 17.70 6.85 7.49
EV/Sales 0.47 0.93 1.13
Earnings yield 2.33% 10.09% 9.50%
Free cash flow yield 8.11% 19.60% 13.29%

Profitability

Metric TRUP UFCS Insurance Property & Casualty median
Gross margin 16.55% 35.24% 41.16%
Operating margin 1.57% 12.87% 15.09%
Net margin 1.53% 9.57% 11.51%
Free cash flow margin 5.40% 18.22% 17.59%
Return on equity 6.07% 15.46% 18.19%
Return on assets 2.61% 3.67% 3.74%
Return on invested capital 12.78% 12.03% 12.06%

Growth

Metric TRUP UFCS Insurance Property & Casualty median
Revenue growth (TTM) 11.80% 11.36% 8.69%
EPS growth (last fiscal year) 295.65% 87.45% —
Revenue growth, 5-year CAGR 23.45% 5.34% 9.23%
Net income growth, 5-year CAGR 0.00% 0.00% 10.09%

Health

Metric TRUP UFCS Insurance Property & Casualty median
Debt to equity 0.26 0.15 0.25
Current ratio 1.77 0.34 0.42
Net debt to EBITDA (8.49) (0.06) 0.08

Dividend

Metric TRUP UFCS Insurance Property & Casualty median
Dividend yield — 2.93% 2.79%
Payout ratio 0.00 0.30 0.27

Size

Metric TRUP UFCS Insurance Property & Casualty median
Market cap 983.62m 1.37b 2.44b

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