Trupanion, Inc. (TRUP) vs UNIVERSAL INSURANCE HOLDINGS INC (UVE)

Trupanion, Inc. and UNIVERSAL INSURANCE HOLDINGS INC are both Insurance Property & Casualty companies. Trupanion, Inc. and UNIVERSAL INSURANCE HOLDINGS INC are of similar size ($1.3B and $1.2B). UNIVERSAL INSURANCE HOLDINGS INC trades at the lower P/E: 6.0× against 52.1×. Trupanion, Inc. grew revenue faster over the last twelve months: 11.8% against 3.96%. UNIVERSAL INSURANCE HOLDINGS INC has the higher net margin (13.5% vs 1.53%) and the higher return on invested capital (139.4% vs 12.8%). Across the 20 metrics below, UNIVERSAL INSURANCE HOLDINGS INC leads on 15 and Trupanion, Inc. on 5.

Valuation

Metric TRUP UVE Insurance Property & Casualty median
P/E 52.07 6.03 10.75
P/S 0.81 0.80 1.21
P/B 3.00 2.04 1.99
Price to free cash flow 14.96 3.83 7.76
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 1.92% 16.59% 9.08%
Free cash flow yield 6.68% 26.13% 12.11%

Profitability

Metric TRUP UVE Insurance Property & Casualty median
Gross margin 16.55% 25.87% 41.16%
Operating margin 1.57% 18.37% 15.09%
Net margin 1.53% 13.49% 11.51%
Free cash flow margin 5.40% 20.85% 17.46%
Return on equity 6.07% 40.16% 17.34%
Return on assets 2.61% 6.68% 3.74%
Return on invested capital 12.78% 139.39% 12.06%

Growth

Metric TRUP UVE Insurance Property & Casualty median
Revenue growth (TTM) 11.80% 3.96% 8.02%
EPS growth (last fiscal year) 295.65% 214.43% 39.61%
Revenue growth, 5-year CAGR 23.45% 8.38% 9.23%
Net income growth, 5-year CAGR 0.00% 57.14% 10.09%

Health

Metric TRUP UVE Insurance Property & Casualty median
Debt to equity 0.26 0.15 0.25
Current ratio 1.77 0.57 0.42
Net debt to EBITDA (8.49) (1.47) 0.08

Dividend

Metric TRUP UVE Insurance Property & Casualty median
Dividend yield — 1.36% 1.50%
Payout ratio — 0.08 0.14

Size

Metric TRUP UVE Insurance Property & Casualty median
Market cap 1.22b 1.30b 2.67b

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