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KINSALE CAPITAL GROUP INC (KNSL) Stock Fundamental Analysis

USA - NYSE:KNSL - US49714P1084 - Common Stock

472.16 USD
+2.23 (+0.47%)
Last: 10/13/2025, 8:26:27 PM
472.16 USD
0 (0%)
After Hours: 10/13/2025, 8:26:27 PM
Fundamental Rating

5

Overall KNSL gets a fundamental rating of 5 out of 10. We evaluated KNSL against 145 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.


Dividend Valuation Growth Profitability Health

7

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.
Each year in the past 5 years KNSL had a positive operating cash flow.
KNSL Yearly Net Income VS EBIT VS OCF VS FCFKNSL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

1.2 Ratios

KNSL's Return On Assets of 8.04% is amongst the best of the industry. KNSL outperforms 95.17% of its industry peers.
Looking at the Return On Equity, with a value of 25.93%, KNSL belongs to the top of the industry, outperforming 92.41% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.55%, KNSL belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for KNSL is above the industry average of 4.40%.
Industry RankSector Rank
ROA 8.04%
ROE 25.93%
ROIC 7.55%
ROA(3y)7.48%
ROA(5y)7.14%
ROE(3y)25.89%
ROE(5y)22.97%
ROIC(3y)7.61%
ROIC(5y)6.78%
KNSL Yearly ROA, ROE, ROICKNSL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

The Profit Margin of KNSL (26.78%) is better than 97.93% of its industry peers.
In the last couple of years the Profit Margin of KNSL has grown nicely.
With an excellent Operating Margin value of 31.08%, KNSL belongs to the best of the industry, outperforming 97.93% of the companies in the same industry.
In the last couple of years the Operating Margin of KNSL has grown nicely.
Industry RankSector Rank
OM 31.08%
PM (TTM) 26.78%
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
KNSL Yearly Profit, Operating, Gross MarginsKNSL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KNSL is destroying value.
Compared to 1 year ago, KNSL has more shares outstanding
Compared to 5 years ago, KNSL has more shares outstanding
KNSL has a better debt/assets ratio than last year.
KNSL Yearly Shares OutstandingKNSL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
KNSL Yearly Total Debt VS Total AssetsKNSL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

KNSL has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
KNSL has a better Debt to Equity ratio (0.11) than 75.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF N/A
Altman-Z N/A
ROIC/WACC0.88
WACC8.62%
KNSL Yearly LT Debt VS Equity VS FCFKNSL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
KNSL Yearly Current Assets VS Current LiabilitesKNSL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M

8

3. Growth

3.1 Past

The Earnings Per Share has grown by an nice 19.96% over the past year.
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 19.68% 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)19.96%
EPS 3Y40.94%
EPS 5Y46.15%
EPS Q2Q%27.47%
Revenue 1Y (TTM)19.68%
Revenue growth 3Y34.73%
Revenue growth 5Y38.41%
Sales Q2Q%22.17%

3.2 Future

The Earnings Per Share is expected to grow by 13.56% 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 12.14% on average per year.
EPS Next Y16.66%
EPS Next 2Y14.87%
EPS Next 3Y13.56%
EPS Next 5YN/A
Revenue Next Year12.73%
Revenue Next 2Y11.16%
Revenue Next 3Y12.14%
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.
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.
KNSL Yearly Revenue VS EstimatesKNSL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B 2B
KNSL Yearly EPS VS EstimatesKNSL Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15 20

2

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 27.28, which means the current valuation is very expensive for 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 77.93% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.35, KNSL is valued at the same level.
KNSL is valuated rather expensively with a Price/Forward Earnings ratio of 22.27.
Based on the Price/Forward Earnings ratio, KNSL is valued a bit more expensive than the industry average as 74.48% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, KNSL is valued at the same level.
Industry RankSector Rank
PE 27.28
Fwd PE 22.27
KNSL Price Earnings VS Forward Price EarningsKNSL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 68.28% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 20.98
KNSL Per share dataKNSL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
KNSL has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KNSL's earnings are expected to grow with 13.56% in the coming years.
PEG (NY)1.64
PEG (5Y)0.59
EPS Next 2Y14.87%
EPS Next 3Y13.56%

5

5. Dividend

5.1 Amount

KNSL has a yearly dividend return of 0.14%, which is pretty low.
KNSL's Dividend Yield is slightly below the industry average, which is at 3.54.
With a Dividend Yield of 0.14, KNSL pays less dividend than the S&P500 average, which is at 2.44.
Industry RankSector Rank
Dividend Yield 0.14%

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.
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
KNSL Yearly Dividends per shareKNSL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

KNSL pays out 1.56% of its income as dividend. This is a sustainable payout ratio.
KNSL's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP1.56%
EPS Next 2Y14.87%
EPS Next 3Y13.56%
KNSL Yearly Income VS Free CF VS DividendKNSL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
KNSL Dividend Payout.KNSL Dividend Payout, showing the Payout Ratio.KNSL Dividend Payout.PayoutRetained Earnings

KINSALE CAPITAL GROUP INC

NYSE:KNSL (10/13/2025, 8:26:27 PM)

After market: 472.16 0 (0%)

472.16

+2.23 (+0.47%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)07-24 2025-07-24/amc
Earnings (Next)10-23 2025-10-23/amc
Inst Owners88.68%
Inst Owner Change-0.02%
Ins Owners5.29%
Ins Owner Change-0.57%
Market Cap11.00B
Analysts72.22
Price Target514.08 (8.88%)
Short Float %6.71%
Short Ratio7.22
Dividend
Industry RankSector Rank
Dividend Yield 0.14%
Yearly Dividend0.6
Dividend Growth(5Y)13.48%
DP1.56%
Div Incr Years8
Div Non Decr Years8
Ex-Date08-29 2025-08-29 (0.17)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.21%
Min EPS beat(2)6.2%
Max EPS beat(2)12.22%
EPS beat(4)4
Avg EPS beat(4)9.28%
Min EPS beat(4)4.33%
Max EPS beat(4)14.39%
EPS beat(8)8
Avg EPS beat(8)8.78%
EPS beat(12)12
Avg EPS beat(12)11.24%
EPS beat(16)16
Avg EPS beat(16)14.9%
Revenue beat(2)1
Avg Revenue beat(2)1.72%
Min Revenue beat(2)-2.43%
Max Revenue beat(2)5.87%
Revenue beat(4)2
Avg Revenue beat(4)0.67%
Min Revenue beat(4)-3.04%
Max Revenue beat(4)5.87%
Revenue beat(8)5
Avg Revenue beat(8)0.79%
Revenue beat(12)7
Avg Revenue beat(12)0.8%
Revenue beat(16)11
Avg Revenue beat(16)2.11%
PT rev (1m)0%
PT rev (3m)5.19%
EPS NQ rev (1m)0.4%
EPS NQ rev (3m)2.19%
EPS NY rev (1m)0.26%
EPS NY rev (3m)3.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.19%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)2.4%
Valuation
Industry RankSector Rank
PE 27.28
Fwd PE 22.27
P/S 6.6
P/FCF N/A
P/OCF N/A
P/B 6.39
P/tB 6.4
EV/EBITDA 20.98
EPS(TTM)17.31
EY3.67%
EPS(NY)21.2
Fwd EY4.49%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS71.58
BVpS73.93
TBVpS73.78
PEG (NY)1.64
PEG (5Y)0.59
Profitability
Industry RankSector Rank
ROA 8.04%
ROE 25.93%
ROCE 9.39%
ROIC 7.55%
ROICexc 7.75%
ROICexgc 8.52%
OM 31.08%
PM (TTM) 26.78%
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%
ROICexcg growth 3Y4.55%
ROICexcg 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 RankSector Rank
Debt/Equity 0.11
Debt/FCF N/A
Debt/EBITDA 0.35
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
WACC8.62%
ROIC/WACC0.88
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)19.96%
EPS 3Y40.94%
EPS 5Y46.15%
EPS Q2Q%27.47%
EPS Next Y16.66%
EPS Next 2Y14.87%
EPS Next 3Y13.56%
EPS Next 5YN/A
Revenue 1Y (TTM)19.68%
Revenue growth 3Y34.73%
Revenue growth 5Y38.41%
Sales Q2Q%22.17%
Revenue Next Year12.73%
Revenue Next 2Y11.16%
Revenue Next 3Y12.14%
Revenue Next 5YN/A
EBIT growth 1Y18.27%
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%