Kinsale Capital Group, Inc.

Finance
Property-Casualty Insurers
www.kinsalecapitalgroup.com

Earnings Score
Moat Score
Safety Score
Final Score

Market Cap $12.13B
PE 30
Debt $184.05M
Cash $111.69M
EV $12.21B
FCF $960.59M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$409.14M
EBIT	$506.09M
ROE	29%
ROA	11%
FCF	$960.59M
Equity	$1.43B
Growth Stability	100%
PE	29.66
PEG	0.59
PB	8.46
P/FCF	12.63
P/S	7.95
Price/Cash	0.01
Debt/Equity	0.13
Debt/FCF	0.19
Net Margins	26%
Op. Margins	33%
Earnings CAGR	43%
Sales Growth YoY	33%
Sales Growth QoQ	9%
Sales CAGR	37%
FCF CAGR	42%
Equity CAGR	30%
Earnings Stability	0.96
Earnings Growth YoY	50%
Earnings Growth QoQ	23%

Earnings CAGR 5Y	51%
Sales CAGR 5Y	39%
FCF CAGR 5Y	47%
Equity CAGR 5Y	26%
Earnings CAGR 3Y	40%
Sales CAGR 3Y	40%
FCF CAGR 3Y	39%
Equity CAGR 3Y	35%
Market Cap	$12.13B
Revenue	$1.53B
Dividend Yield	0%
Payout Ratio	3%
Assets	$4.73B
Total Debt	$184.05M
Cash	$111.69M
Shares Outstanding	23.15M
EV	12.21B
Earnings Score	96%
Moat Score	95%
Safety Score	98%
Final Score	96%
Shares Growth 3y	1%
Equity Growth QoQ	14%
Equity Growth YoY	55%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Kinsale Capital Group Inc is an insurance holding company. The company is engaged in offering property, casualty, and specialty insurance products. It offers specialty insurance products for allied health, healthcare, life sciences, a professional, and a public entity. The company operates in only one reportable segment that is the Excess and Surplus Lines Insurance segment, which includes commercial excess and surplus lines liability and property insurance products through its underwriting divisions. The company generates revenues in the form of premiums and investment income.

SEC Filings

Direct access to Kinsale Capital Group, Inc. (KNSL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Kinsale Capital Group, Inc. compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Kinsale Capital Group, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 43%

Stability 96%

loading chart...

Kinsale Capital Group, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Kinsale Capital Group, Inc..

Years

Calculation mode

= $171B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$961M	$1.4B	$1.9B	$2.7B	$3.9B	$5.5B	$7.8B	$11B	$16B	$22B	$31B	$314B
DCF		$1.2B	$1.6B	$2.1B	$2.6B	$3.4B	$4.4B	$5.7B	$7.3B	$9.4B	$12B	$121B
Value	$171B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	20%	28%	18%	13%	15%	20%	19%	24%	19%	25%	26%
ROA	-	6%	6%	6%	5%	7%	6%	9%	7%	10%	11%
ROE	-	20%	12%	10%	13%	16%	15%	22%	21%	28%	29%

Good Net Margins (26.01%)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	-	-	-	-	-	-	0.11	0.36	0.22	0.19
Debt over Equity	-	-	-	-	-	-	-	0.06	0.26	0.17	0.13
Growth Stability	-	-	-	100%	100%	100%	100%	100%	100%	100%	100%

Good Debt/FCF ratio (0.19)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.13)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (100%)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	27%	76%	32%	19%	42%	46%	39%	28%	49%	39%
Earnings YoY growth	-	72%	17%	-5%	36%	87%	40%	73%	4%	94%	51%
Equity YoY growth	-	23%	85%	13%	11%	54%	42%	21%	7%	46%	26%
FCF YoY growth	-	-1%	-7%	6%	33%	55%	56%	62%	37%	55%	47%