KINSALE CAPITAL GROUP INC (KNSL) Stock Fundamental Analysis
USA - NYSE:KNSL - US49714P1084 - Common Stock
420.01 USD
-11.85 (-2.74%)
420 USD
-0.01 (0%)
Taking everything into account, KNSL scores 5 out of 10 in our fundamental rating. KNSL was compared to 147 industry peers in the Insurance industry. While KNSL has a great profitability rating, there are quite some 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 positive earnings in each of the past 5 years.
In the past 5 years KNSL always reported a positive cash flow from operatings.
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's Return On Invested Capital of 7.64% is amongst the best of the industry. KNSL outperforms 90.48% of its industry peers.
The Average Return On Invested Capital over the past 3 years for KNSL is above the industry average of 4.49%.
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 97.28% of its industry peers.
KNSL's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 31.51%, KNSL belongs to the top of the industry, outperforming 97.96% 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
A Debt/Equity ratio of 0.11 indicates that KNSL is not too dependend on debt financing.
The Debt to Equity ratio of KNSL (0.11) is better than 76.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.89
WACC8.57%
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
KNSL shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.57%.
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.
Based on estimates for the next years, KNSL will show a quite strong growth in Revenue. The Revenue will grow by 11.43% on average per year.
EPS Next Y17.92%
EPS Next 2Y14.78%
EPS Next 3Y12.77%
EPS Next 5YN/A
Revenue Next Year12.73%
Revenue Next 2Y10.99%
Revenue Next 3Y11.43%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.93, KNSL is valued on the expensive side.
Based on the Price/Earnings ratio, KNSL is valued a bit more expensive than 74.83% of the companies in the same industry.
KNSL's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.00.
With a Price/Forward Earnings ratio of 19.84, KNSL is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of KNSL indicates a slightly more expensive valuation: KNSL is more expensive than 71.43% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of KNSL to the average of the S&P500 Index (22.87), we can say KNSL is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.93 | ||
| Fwd PE | 19.84 |
4.2 Price Multiples
KNSL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. KNSL is more expensive than 64.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.68 |
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.
A more expensive valuation may be justified as KNSL's earnings are expected to grow with 12.77% in the coming years.
PEG (NY)1.28
PEG (5Y)0.5
EPS Next 2Y14.78%
EPS Next 3Y12.77%
5. Dividend
5.1 Amount
With a yearly dividend of 0.16%, KNSL is not a good candidate for dividend investing.
KNSL's Dividend Yield is slightly below the industry average, which is at 3.26.
Compared to an average S&P500 Dividend Yield of 2.31, KNSL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
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
0.73% 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.
DP0.73%
EPS Next 2Y14.78%
EPS Next 3Y12.77%
420.01
-11.85 (-2.74%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners88.68%
Inst Owner Change-0.48%
Ins Owners5.29%
Ins Owner Change-0.57%
Market Cap9.79B
Revenue(TTM)1.74B
Net Income(TTM)474.09M
Analysts72.22
Price Target481.1 (14.54%)
Short Float %5.96%
Short Ratio5.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
Yearly Dividend0.6
Dividend Growth(5Y)13.48%
DP0.73%
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)0%
PT rev (3m)2.8%
EPS NQ rev (1m)4.77%
EPS NQ rev (3m)6.88%
EPS NY rev (1m)1.08%
EPS NY rev (3m)4.98%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)1.27%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)2.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.93 | ||
| Fwd PE | 19.84 | ||
| P/S | 5.61 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 5.25 | ||
| P/tB | 5.26 | ||
| EV/EBITDA | 17.68 |
EPS(TTM)18.32
EY4.36%
EPS(NY)21.17
Fwd EY5.04%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS74.85
BVpS80.05
TBVpS79.9
PEG (NY)1.28
PEG (5Y)0.5
Graham Number181.65
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 | N/A |
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-ScoreN/A
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC8.57%
ROIC/WACC0.89
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 Y17.92%
EPS Next 2Y14.78%
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 Year12.73%
Revenue Next 2Y10.99%
Revenue Next 3Y11.43%
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 1Y11.62%
FCF growth 3Y33.41%
FCF growth 5Y43.1%
OCF growth 1Y13.55%
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 5 / 10 to KNSL.
Can you provide the valuation status for KINSALE CAPITAL GROUP INC?
ChartMill assigns a valuation rating of 2 / 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 22.93 and the Price/Book (PB) ratio is 5.25.
How financially healthy is KINSALE CAPITAL GROUP INC?
The financial health rating of KINSALE CAPITAL GROUP INC (KNSL) is 1 / 10.