KINSALE CAPITAL GROUP INC (KNSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KNSL - US49714P1084 - Common Stock
398.46 USD
-2.35 (-0.59%)
398.46 USD
0 (0%)
Overall KNSL gets a fundamental rating of 6 out of 10. We evaluated KNSL against 148 industry peers in the Insurance industry. KNSL has an excellent profitability rating, but there are concerns on its financial health. KNSL is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year KNSL was profitable.
KNSL had a positive operating cash flow in the past year.
Each year in the past 5 years KNSL has been profitable.
KNSL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KNSL has a better Return On Assets (8.13%) than 94.59% of its industry peers.
Looking at the Return On Equity, with a value of 25.42%, KNSL belongs to the top of the industry, outperforming 91.89% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.64%, KNSL belongs to the top of the industry, outperforming 89.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for KNSL is significantly below the industry average of 14.93%.
The 3 year average ROIC (7.61%) for KNSL is below the current ROIC(7.64%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.13% | ||
| ROE | 25.42% | ||
| ROIC | 7.64% |
ROA(3y)7.48%
ROA(5y)7.14%
ROE(3y)25.89%
ROE(5y)22.97%
ROIC(3y)7.61%
ROIC(5y)6.78%
1.3 Margins
KNSL has a better Profit Margin (27.18%) than 97.97% of its industry peers.
In the last couple of years the Profit Margin of KNSL has grown nicely.
Looking at the Operating Margin, with a value of 31.51%, KNSL belongs to the top of the industry, outperforming 93.92% of the companies in the same industry.
In the last couple of years the Operating Margin of KNSL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.51% | ||
| PM (TTM) | 27.18% | ||
| GM | N/A |
OM growth 3Y5.55%
OM growth 5Y8.21%
PM growth 3Y3.58%
PM growth 5Y5.22%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KNSL is destroying value.
KNSL has more shares outstanding than it did 1 year ago.
The number of shares outstanding for KNSL has been increased compared to 5 years ago.
Compared to 1 year ago, KNSL has an improved debt to assets ratio.
2.2 Solvency
KNSL has a debt to FCF ratio of 0.21. This is a very positive value and a sign of high solvency as it would only need 0.21 years to pay back of all of its debts.
The Debt to FCF ratio of KNSL (0.21) is better than 91.22% of its industry peers.
A Debt/Equity ratio of 0.11 indicates that KNSL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.11, KNSL is in the better half of the industry, outperforming 77.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.21 | ||
| Altman-Z | N/A |
ROIC/WACC0.87
WACC8.74%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
KNSL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.58%, which is quite good.
KNSL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 46.15% yearly.
Looking at the last year, KNSL shows a quite strong growth in Revenue. The Revenue has grown by 18.57% in the last year.
KNSL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 38.41% yearly.
EPS 1Y (TTM)19.58%
EPS 3Y40.94%
EPS 5Y46.15%
EPS Q2Q%24.05%
Revenue 1Y (TTM)18.57%
Revenue growth 3Y34.73%
Revenue growth 5Y38.41%
Sales Q2Q%19%
3.2 Future
KNSL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.78% yearly.
The Revenue is expected to grow by 10.55% on average over the next years. This is quite good.
EPS Next Y19.91%
EPS Next 2Y14.25%
EPS Next 3Y12.78%
EPS Next 5YN/A
Revenue Next Year16.3%
Revenue Next 2Y12.12%
Revenue Next 3Y10.55%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.75 indicates a rather expensive valuation of KNSL.
Compared to the rest of the industry, the Price/Earnings ratio of KNSL indicates a slightly more expensive valuation: KNSL is more expensive than 70.27% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.92. KNSL is around the same levels.
With a Price/Forward Earnings ratio of 19.00, KNSL is valued on the expensive side.
Based on the Price/Forward Earnings ratio, KNSL is valued a bit more expensive than the industry average as 68.92% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.57, KNSL is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.75 | ||
| Fwd PE | 19 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KNSL indicates a slightly more expensive valuation: KNSL is more expensive than 63.51% of the companies listed in the same industry.
KNSL's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.64 | ||
| EV/EBITDA | 16.84 |
4.3 Compensation for Growth
KNSL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of KNSL may justify a higher PE ratio.
KNSL's earnings are expected to grow with 12.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.09
PEG (5Y)0.47
EPS Next 2Y14.25%
EPS Next 3Y12.78%
5. Dividend
5.1 Amount
KNSL has a yearly dividend return of 0.17%, which is pretty low.
KNSL's Dividend Yield is slightly below the industry average, which is at 2.48.
Compared to an average S&P500 Dividend Yield of 1.94, KNSL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
5.2 History
The dividend of KNSL is nicely growing with an annual growth rate of 13.48%!
KNSL has been paying a dividend for at least 10 years, so it has a reliable track record.
As KNSL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)13.48%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
3.24% of the earnings are spent on dividend by KNSL. This is a low number and sustainable payout ratio.
KNSL's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP3.24%
EPS Next 2Y14.25%
EPS Next 3Y12.78%
398.46
-2.35 (-0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners87.8%
Inst Owner Change0%
Ins Owners5.29%
Ins Owner Change-0.06%
Market Cap9.27B
Revenue(TTM)1.74B
Net Income(TTM)474.09M
Analysts71.58
Price Target467.16 (17.24%)
Short Float %7.81%
Short Ratio6.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
Yearly Dividend0.6
Dividend Growth(5Y)13.48%
DP3.24%
Div Incr Years8
Div Non Decr Years8
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.06%
Min EPS beat(2)5.92%
Max EPS beat(2)6.2%
EPS beat(4)4
Avg EPS beat(4)7.17%
Min EPS beat(4)4.33%
Max EPS beat(4)12.22%
EPS beat(8)8
Avg EPS beat(8)7.73%
EPS beat(12)12
Avg EPS beat(12)9.78%
EPS beat(16)16
Avg EPS beat(16)11.64%
Revenue beat(2)2
Avg Revenue beat(2)7.55%
Min Revenue beat(2)5.87%
Max Revenue beat(2)9.22%
Revenue beat(4)2
Avg Revenue beat(4)2.41%
Min Revenue beat(4)-3.04%
Max Revenue beat(4)9.22%
Revenue beat(8)6
Avg Revenue beat(8)2.49%
Revenue beat(12)7
Avg Revenue beat(12)1.29%
Revenue beat(16)11
Avg Revenue beat(16)2.3%
PT rev (1m)-2.28%
PT rev (3m)-9.13%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)-0.05%
EPS NY rev (1m)0.01%
EPS NY rev (3m)2.79%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)2.49%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)3.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.75 | ||
| Fwd PE | 19 | ||
| P/S | 5.31 | ||
| P/FCF | 9.64 | ||
| P/OCF | 9.13 | ||
| P/B | 4.97 | ||
| P/tB | 4.98 | ||
| EV/EBITDA | 16.84 |
EPS(TTM)18.32
EY4.6%
EPS(NY)20.98
Fwd EY5.26%
FCF(TTM)41.34
FCFY10.37%
OCF(TTM)43.65
OCFY10.95%
SpS74.98
BVpS80.19
TBVpS80.04
PEG (NY)1.09
PEG (5Y)0.47
Graham Number181.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.13% | ||
| ROE | 25.42% | ||
| ROCE | 9.5% | ||
| ROIC | 7.64% | ||
| ROICexc | 7.87% | ||
| ROICexgc | 8.62% | ||
| OM | 31.51% | ||
| PM (TTM) | 27.18% | ||
| GM | N/A | ||
| FCFM | 55.13% |
ROA(3y)7.48%
ROA(5y)7.14%
ROE(3y)25.89%
ROE(5y)22.97%
ROIC(3y)7.61%
ROIC(5y)6.78%
ROICexc(3y)7.91%
ROICexc(5y)7.09%
ROICexgc(3y)8.76%
ROICexgc(5y)7.83%
ROCE(3y)9.47%
ROCE(5y)8.43%
ROICexgc growth 3Y4.55%
ROICexgc growth 5Y9.08%
ROICexc growth 3Y4.66%
ROICexc growth 5Y9.3%
OM growth 3Y5.55%
OM growth 5Y8.21%
PM growth 3Y3.58%
PM growth 5Y5.22%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.21 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 928.46% | ||
| Cap/Sales | 3.09% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 182.83% | ||
| Profit Quality | 202.8% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC8.74%
ROIC/WACC0.87
Cap/Depr(3y)289.36%
Cap/Depr(5y)642.64%
Cap/Sales(3y)0.97%
Cap/Sales(5y)2.25%
Profit Quality(3y)284.25%
Profit Quality(5y)278.99%
High Growth Momentum
Growth
EPS 1Y (TTM)19.58%
EPS 3Y40.94%
EPS 5Y46.15%
EPS Q2Q%24.05%
EPS Next Y19.91%
EPS Next 2Y14.25%
EPS Next 3Y12.78%
EPS Next 5YN/A
Revenue 1Y (TTM)18.57%
Revenue growth 3Y34.73%
Revenue growth 5Y38.41%
Sales Q2Q%19%
Revenue Next Year16.3%
Revenue Next 2Y12.12%
Revenue Next 3Y10.55%
Revenue Next 5YN/A
EBIT growth 1Y19.25%
EBIT growth 3Y42.2%
EBIT growth 5Y49.77%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y29.62%
FCF growth 3Y33.41%
FCF growth 5Y43.1%
OCF growth 1Y35.48%
OCF growth 3Y33.86%
OCF growth 5Y40.49%
KINSALE CAPITAL GROUP INC / KNSL FAQ
What is the fundamental rating for KNSL stock?
ChartMill assigns a fundamental rating of 6 / 10 to KNSL.
What is the valuation status of KINSALE CAPITAL GROUP INC (KNSL) stock?
ChartMill assigns a valuation rating of 3 / 10 to KINSALE CAPITAL GROUP INC (KNSL). This can be considered as Overvalued.
What is the profitability of KNSL stock?
KINSALE CAPITAL GROUP INC (KNSL) has a profitability rating of 8 / 10.
What is the earnings growth outlook for KINSALE CAPITAL GROUP INC?
The Earnings per Share (EPS) of KINSALE CAPITAL GROUP INC (KNSL) is expected to grow by 19.91% in the next year.
Can you provide the dividend sustainability for KNSL stock?
The dividend rating of KINSALE CAPITAL GROUP INC (KNSL) is 4 / 10 and the dividend payout ratio is 3.24%.