KINSALE CAPITAL GROUP INC (KNSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:KNSL - US49714P1084 - Common Stock
391.76 USD
+3.62 (+0.93%)
391.76 USD
0 (0%)
KNSL gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 147 industry peers in the Insurance industry. While KNSL belongs to the best of the industry regarding profitability, 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
KNSL had positive earnings in the past year.
KNSL had a positive operating cash flow in the past year.
Each year in the past 5 years KNSL has been profitable.
Each year in the past 5 years KNSL had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 8.13%, KNSL belongs to the best of the industry, outperforming 94.56% of the companies in the same industry.
KNSL's Return On Equity of 25.42% is amongst the best of the industry. KNSL outperforms 91.84% of its industry peers.
KNSL has a Return On Invested Capital of 7.64%. This is amongst the best in the industry. KNSL outperforms 89.12% of its industry peers.
KNSL had an Average Return On Invested Capital over the past 3 years of 7.61%. This is significantly below the industry average of 14.89%.
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
Looking at the Profit Margin, with a value of 27.18%, KNSL belongs to the top of the industry, outperforming 97.96% of the companies in the same industry.
KNSL's Profit Margin has improved in the last couple of years.
KNSL has a Operating Margin of 31.51%. This is amongst the best in the industry. KNSL outperforms 93.88% of its industry peers.
KNSL's Operating Margin has improved in the last couple of years.
| 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.
KNSL has more shares outstanding than it did 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.
Looking at the Debt to FCF ratio, with a value of 0.21, KNSL belongs to the top of the industry, outperforming 91.16% of the companies in the same industry.
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 76.19% 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.
The Earnings Per Share has been growing by 46.15% on average over the past years. This is a very strong growth
Looking at the last year, KNSL shows a quite strong growth in Revenue. The Revenue has grown by 18.57% in the last year.
Measured over the past years, KNSL shows a very strong growth in Revenue. The Revenue has been growing by 38.41% on average per year.
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
The Earnings Per Share is expected to grow by 12.77% on average over the next years. This is quite good.
KNSL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.65% yearly.
EPS Next Y19.91%
EPS Next 2Y14.15%
EPS Next 3Y12.77%
EPS Next 5YN/A
Revenue Next Year16.73%
Revenue Next 2Y12.15%
Revenue Next 3Y10.65%
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
With a Price/Earnings ratio of 21.38, KNSL is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of KNSL indicates a slightly more expensive valuation: KNSL is more expensive than 69.39% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.56. KNSL is around the same levels.
KNSL is valuated rather expensively with a Price/Forward Earnings ratio of 18.71.
Based on the Price/Forward Earnings ratio, KNSL is valued a bit more expensive than the industry average as 68.71% of the companies are valued more cheaply.
KNSL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.38 | ||
| Fwd PE | 18.71 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KNSL is valued a bit more expensive than 64.63% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as KNSL.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.48 | ||
| EV/EBITDA | 16.46 |
4.3 Compensation for Growth
The 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 12.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.07
PEG (5Y)0.46
EPS Next 2Y14.15%
EPS Next 3Y12.77%
5. Dividend
5.1 Amount
KNSL has a yearly dividend return of 0.18%, which is pretty low.
Compared to an average industry Dividend Yield of 2.64, KNSL is paying slightly less dividend.
With a Dividend Yield of 0.18, KNSL pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
5.2 History
On average, the dividend of KNSL grows each year by 13.48%, which is quite nice.
KNSL has been paying a dividend for at least 10 years, so it has a reliable track record.
KNSL has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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.
The dividend of KNSL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP3.24%
EPS Next 2Y14.15%
EPS Next 3Y12.77%
391.76
+3.62 (+0.93%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners87.8%
Inst Owner Change-1.66%
Ins Owners5.3%
Ins Owner Change-0.02%
Market Cap9.11B
Revenue(TTM)1.74B
Net Income(TTM)474.09M
Analysts71.58
Price Target471.55 (20.37%)
Short Float %6.62%
Short Ratio5.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend0.6
Dividend Growth(5Y)13.48%
DP3.24%
Div Incr Years8
Div Non Decr Years8
Ex-Date
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)-1.99%
PT rev (3m)-8.27%
EPS NQ rev (1m)0.02%
EPS NQ rev (3m)-0.08%
EPS NY rev (1m)0.55%
EPS NY rev (3m)3.06%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)2.38%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)3.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.38 | ||
| Fwd PE | 18.71 | ||
| P/S | 5.23 | ||
| P/FCF | 9.48 | ||
| P/OCF | 8.97 | ||
| P/B | 4.89 | ||
| P/tB | 4.89 | ||
| EV/EBITDA | 16.46 |
EPS(TTM)18.32
EY4.68%
EPS(NY)20.94
Fwd EY5.34%
FCF(TTM)41.34
FCFY10.55%
OCF(TTM)43.65
OCFY11.14%
SpS74.98
BVpS80.19
TBVpS80.04
PEG (NY)1.07
PEG (5Y)0.46
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 2Y14.15%
EPS Next 3Y12.77%
EPS Next 5YN/A
Revenue 1Y (TTM)18.57%
Revenue growth 3Y34.73%
Revenue growth 5Y38.41%
Sales Q2Q%19%
Revenue Next Year16.73%
Revenue Next 2Y12.15%
Revenue Next 3Y10.65%
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.
Can you provide the valuation status for KINSALE CAPITAL GROUP INC?
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 valuation of KINSALE CAPITAL GROUP INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for KINSALE CAPITAL GROUP INC (KNSL) is 21.38 and the Price/Book (PB) ratio is 4.89.
How financially healthy is KINSALE CAPITAL GROUP INC?
The financial health rating of KINSALE CAPITAL GROUP INC (KNSL) is 3 / 10.