COMP <GO>
BWIN vs HGTY // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
The Baldwin Insurance Group Inc. (NASDAQ) VS. Hagerty Inc. (Class A) (NYSE) • 15-METRIC TALLY: BWIN 1
— HGTY 7
■ METRIC PARITY
LAST: $31.83 (-0.38%) • MKT CAP: $4.44B
options-implied-move
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LAST: $15.46 (+0.13%) • MKT CAP: $5.60B
options-implied-move
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BWIN VS. HGTY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BWIN | HGTY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.60% | 67.40% | -63.80 | HGTY | /roic <GO> |
| EV/EBITDA & P/E Valuation | 41.8x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -2.18% | 3.91% | -6.09 | HGTY | /fcf-yield <GO> |
| Operating Margin | 4.90% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | -3.60% | 22.00% | -25.60 | HGTY | /net-margins <GO> |
| Revenue Growth (YoY) | 8.50% | 23.50% | -15.00 | HGTY | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 6/9 | -2.00 | HGTY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 52.9 | 66.0 | -13.05 | HGTY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.12 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 29.0x | 31.5x | -2.50 | BWIN | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.44B | $5.60B | -$1.16B | HGTY | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BWIN REV | HGTY REV | BWIN GROSS % | HGTY GROSS % | BWIN FCF | HGTY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.49B | $677.6M | — | — | -$96.6M | $219.0M |
| FY 2024 | $1.38B | $548.6M | — | — | -$10.5M | $177.0M |
| FY 2023 | $1.21B | $464.3M | — | — | -$54.5M | $133.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BWIN // BETA 1.12
HGTY // BETA —