WallStSmart

Hamilton Insurance Group, Ltd. (HG)vsRoyal Bank of Canada (RY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Royal Bank of Canada generates 2145% more annual revenue ($67.15B vs $2.99B). RY leads profitability with a 33.9% profit margin vs 19.6%. HG trades at a lower P/E of 6.0x. HG earns a higher WallStSmart Score of 67/100 (B-).

HG

Strong Buy

67

out of 100

Grade: B-

Growth: 6.0Profit: 8.0Value: 6.7Quality: 5.8
Piotroski: 5/9Altman Z: 0.77

RY

Buy

63

out of 100

Grade: C+

Growth: 7.3Profit: 8.0Value: 5.0Quality: 5.0
Piotroski: 4/9Altman Z: -0.50

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HG5 strengths · Avg: 9.8/10
P/E RatioValuation
6.0x10/10

Attractively priced relative to earnings

Price/BookValuation
1.2x10/10

Reasonable price relative to book value

Operating MarginProfitability
31.4%10/10

Strong operational efficiency at 31.4%

Debt/EquityHealth
0.0510/10

Conservative balance sheet, low leverage

Return on EquityProfitability
23.1%9/10

Every $100 of equity generates 23 in profit

RY4 strengths · Avg: 9.5/10
Market CapQuality
$291.55B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
33.9%10/10

Keeps 34 of every $100 in revenue as profit

Operating MarginProfitability
46.4%10/10

Strong operational efficiency at 46.4%

Price/BookValuation
2.9x8/10

Reasonable price relative to book value

Areas to Watch

HG2 concerns · Avg: 2.0/10
EPS GrowthGrowth
-20.7%2/10

Earnings declined 20.7%

Altman Z-ScoreHealth
0.772/10

Distress zone — elevated risk

RY4 concerns · Avg: 2.3/10
PEG RatioValuation
2.354/10

Expensive relative to growth rate

Free Cash FlowQuality
$-28.67B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
-0.502/10

Distress zone — elevated risk

Debt/EquityHealth
2.881/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : HG

The strongest argument for HG centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 19.6% and operating margin at 31.4%. Revenue growth of 13.0% demonstrates continued momentum.

Bull Case : RY

The strongest argument for RY centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 33.9% and operating margin at 46.4%.

Bear Case : HG

The primary concerns for HG are EPS Growth, Altman Z-Score.

Bear Case : RY

The primary concerns for RY are PEG Ratio, Free Cash Flow, Altman Z-Score. Debt-to-equity of 2.88 is elevated, increasing financial risk.

Key Dynamics to Monitor

RY carries more volatility with a beta of 0.92 — expect wider price swings.

HG is growing revenue faster at 13.0% — sustainability is the question.

HG generates stronger free cash flow (125M), providing more financial flexibility.

Monitor INSURANCE - REINSURANCE industry trends, competitive dynamics, and regulatory changes.

Bottom Line

HG scores higher overall (67/100 vs 63/100), backed by strong 19.6% margins and 13.0% revenue growth. Both earn "Strong 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.

Hamilton Insurance Group, Ltd.

FINANCIAL SERVICES · INSURANCE - REINSURANCE · USA

Hamilton Insurance Group, Ltd., engages in underwriting specialty insurance and reinsurance risks in Bermuda and internationally. The company is headquartered in Pembroke, Bermuda with additional locations in Dublin, Ireland; London, United Kingdom; Miami, Florida; New York, New York; and Glen Allen, Virginia.

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Royal Bank of Canada

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

Royal Bank of Canada is a globally diversified financial services company. The company is headquartered in Toronto, Canada.

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