Added to YB: 2024-04-29
Pitch date: 2024-04-28
KNSL [bullish]
Kinsale Capital Group, Inc.
-2.1%
current return
Author Info
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Company Info
Kinsale Capital Group, Inc. engages in the provision of property and casualty insurance products in the United States.
Market Cap
$8.8B
Pitch Price
$382.03
Price Target
N/A
Dividend
0.18%
EV/EBITDA
13.59
P/E
17.40
EV/Sales
4.71
Sector
Insurance
Category
growth
Kinsale: Built for Efficiency and Profitability
KNSL: Q1 results impress - GWP +25.5%, EPS +76.7%, Op EPS +43.4%, CR 79.5%. Undervalued despite risks: E&S focus, efficient ops (low expense ratio), growth (40% NPW CAGR), tech edge (unified system). Stealing share in $100B+ market. 20%+ NI margin, 14%+ EBIT margin. High ROE & rev/employee vs peers. Risks: UW in E&S, competition, valuation. Long-term compounder.
Read full article (14 min)