WallStSmart

Enact Holdings Inc (ACT)vsJames River Group Holdings Ltd (JRVR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Enact Holdings Inc generates 80% more annual revenue ($1.24B vs $687.61M). ACT leads profitability with a 54.6% profit margin vs 6.9%. JRVR trades at a lower P/E of 7.4x. JRVR earns a higher WallStSmart Score of 58/100 (C).

ACT

Buy

56

out of 100

Grade: C

Growth: 5.3Profit: 8.5Value: 8.3Quality: 5.8
Piotroski: 3/9

JRVR

Buy

58

out of 100

Grade: C

Growth: 7.3Profit: 5.0Value: 5.7Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ACTUndervalued (+69.5%)

Margin of Safety

+69.5%

Fair Value

$142.83

Current Price

$40.30

$102.53 discount

UndervaluedFair: $142.83Overvalued
JRVRSignificantly Overvalued (-16.8%)

Margin of Safety

-16.8%

Fair Value

$5.64

Current Price

$6.18

$0.54 premium

UndervaluedFair: $5.64Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ACT5 strengths · Avg: 9.8/10
P/E RatioValuation
8.9x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Profit MarginProfitability
54.6%10/10

Keeps 55 of every $100 in revenue as profit

Operating MarginProfitability
75.3%10/10

Strong operational efficiency at 75.3%

Debt/EquityHealth
0.149/10

Conservative balance sheet, low leverage

JRVR3 strengths · Avg: 10.0/10
P/E RatioValuation
7.4x10/10

Attractively priced relative to earnings

Price/BookValuation
0.5x10/10

Reasonable price relative to book value

Revenue GrowthGrowth
32.4%10/10

Revenue surging 32.4% year-over-year

Areas to Watch

ACT2 concerns · Avg: 3.5/10
Revenue GrowthGrowth
3.6%4/10

3.6% revenue growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

JRVR4 concerns · Avg: 2.8/10
Market CapQuality
$282.25M3/10

Smaller company, higher risk/reward

Return on EquityProfitability
7.9%3/10

ROE of 7.9% — below average capital efficiency

Profit MarginProfitability
6.9%3/10

6.9% margin — thin

EPS GrowthGrowth
-53.3%2/10

Earnings declined 53.3%

Comparative Analysis Report

WallStSmart Research

Bull Case : ACT

The strongest argument for ACT centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 54.6% and operating margin at 75.3%.

Bull Case : JRVR

The strongest argument for JRVR centers on P/E Ratio, Price/Book, Revenue Growth. Revenue growth of 32.4% demonstrates continued momentum.

Bear Case : ACT

The primary concerns for ACT are Revenue Growth, Piotroski F-Score.

Bear Case : JRVR

The primary concerns for JRVR are Market Cap, Return on Equity, Profit Margin.

Key Dynamics to Monitor

ACT profiles as a value stock while JRVR is a hypergrowth play — different risk/reward profiles.

ACT carries more volatility with a beta of 0.51 — expect wider price swings.

JRVR is growing revenue faster at 32.4% — sustainability is the question.

ACT generates stronger free cash flow (186M), providing more financial flexibility.

Bottom Line

JRVR scores higher overall (58/100 vs 56/100) and 32.4% revenue growth. ACT offers better value entry with a 69.5% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Enact Holdings Inc

FINANCIAL SERVICES · INSURANCE - SPECIALTY · USA

Enact Holdings Inc (ACT) is a leading provider of private mortgage insurance and risk management solutions, primarily for the U.S. housing sector. The company is dedicated to facilitating homeownership and promoting sustainable housing practices, leveraging its robust capital resources and strategic partnerships to address market challenges. Enact’s commitment to innovation and technology enables it to adapt swiftly to industry changes, positioning the company to capitalize on growth opportunities while enhancing the capabilities of lenders and effectively managing risk.

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James River Group Holdings Ltd

FINANCIAL SERVICES · INSURANCE - SPECIALTY · USA

James River Group Holdings, Ltd., offers specialized insurance and reinsurance services in the United States. The company is headquartered in Pembroke, Bermuda.

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