Added to YB: 2024-04-29
Pitch date: 2024-04-28
KNSL [bullish]
Kinsale Capital Group, Inc.
-18.27%
current return
Author Info
Fundasy Investor shares fundamentally driven stock pitches that have qualitative advantages explained in a simple manner. Sign up for the newsletter.
Company Info
Kinsale Capital Group, Inc. engages in the provision of property and casualty insurance products in the United States.
Market Cap
$7.6B
Pitch Price
$381.78
Price Target
N/A
Dividend
0.30%
EV/EBITDA
11.24
P/E
14.58
EV/Sales
3.98
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)