COMP <GO>
BOW vs ASIC // ALTMAN Z-SCORE & DEBT/EQUITY
Bowhead Specialty Holdings Inc. (NYSE) VS. Ategrity Specialty Insurance Company Holdings (NYSE) • 15-METRIC TALLY: BOW 2
— ASIC 3
■ METRIC PARITY
LAST: $34.13 (-0.23%) • MKT CAP: $1.12B
balance-sheet
—
LAST: $24.40 (+5.08%) • MKT CAP: $1.17B
balance-sheet
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BOW VS. ASIC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BOW | ASIC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 12.00% | 12.00% | 0.00 | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | — | 12.03% | — | TIE | /fcf-yield <GO> |
| Operating Margin | — | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 9.80% | 17.40% | -7.60 | ASIC | /net-margins <GO> |
| Revenue Growth (YoY) | 29.60% | 23.40% | +6.20 | BOW | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 6/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.9 | 40.0 | +12.89 | BOW | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.6x | 13.3x | +4.30 | ASIC | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.12B | $1.17B | -$45.1M | ASIC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BOW REV | ASIC REV | BOW GROSS % | ASIC GROSS % | BOW FCF | ASIC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $551.6M | $424.3M | — | — | $326.0M | $140.7M |
| FY 2024 | $425.7M | $343.8M | — | — | $291.2M | $125.4M |
| FY 2023 | $283.4M | — | — | — | $236.2M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BOW // BETA —
ASIC // BETA —