WallStSmart

Progressive Corp (PGR)vsSlide Insurance Holdings, Inc. Common Stock (SLDE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Progressive Corp generates 7482% more annual revenue ($87.64B vs $1.16B). SLDE leads profitability with a 38.4% profit margin vs 12.9%. SLDE trades at a lower P/E of 5.3x. SLDE earns a higher WallStSmart Score of 80/100 (B+).

PGR

Strong Buy

67

out of 100

Grade: B-

Growth: 8.0Profit: 7.5Value: 7.3Quality: 5.3
Piotroski: 4/9

SLDE

Strong Buy

80

out of 100

Grade: B+

Growth: 10.0Profit: 10.0Value: 8.3Quality: 7.8
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PGRUndervalued (+76.9%)

Margin of Safety

+76.9%

Fair Value

$900.43

Current Price

$202.84

$697.59 discount

UndervaluedFair: $900.43Overvalued
SLDEUndervalued (+89.1%)

Margin of Safety

+89.1%

Fair Value

$157.25

Current Price

$17.77

$139.48 discount

UndervaluedFair: $157.25Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PGR5 strengths · Avg: 9.0/10
P/E RatioValuation
10.7x10/10

Attractively priced relative to earnings

Return on EquityProfitability
40.5%10/10

Every $100 of equity generates 41 in profit

Market CapQuality
$120.67B9/10

Large-cap with strong market position

EPS GrowthGrowth
25.2%8/10

Earnings expanding 25.2% YoY

Free Cash FlowQuality
$3.05B8/10

Generating 3.0B in free cash flow

SLDE6 strengths · Avg: 10.0/10
P/E RatioValuation
5.3x10/10

Attractively priced relative to earnings

Return on EquityProfitability
57.4%10/10

Every $100 of equity generates 57 in profit

Profit MarginProfitability
38.4%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
64.2%10/10

Strong operational efficiency at 64.2%

Revenue GrowthGrowth
45.5%10/10

Revenue surging 45.5% year-over-year

EPS GrowthGrowth
103.9%10/10

Earnings expanding 103.9% YoY

Areas to Watch

PGR1 concerns · Avg: 2.0/10
PEG RatioValuation
31.572/10

Expensive relative to growth rate

SLDE0 concerns · Avg: 0/10

No major concerns identified

Comparative Analysis Report

WallStSmart Research

Bull Case : PGR

The strongest argument for PGR centers on P/E Ratio, Return on Equity, Market Cap. Revenue growth of 12.2% demonstrates continued momentum.

Bull Case : SLDE

The strongest argument for SLDE centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 38.4% and operating margin at 64.2%. Revenue growth of 45.5% demonstrates continued momentum.

Bear Case : PGR

The primary concerns for PGR are PEG Ratio.

Bear Case : SLDE

No major red flags identified for SLDE, but monitor valuation.

Key Dynamics to Monitor

PGR profiles as a value stock while SLDE is a growth play — different risk/reward profiles.

SLDE is growing revenue faster at 45.5% — sustainability is the question.

PGR generates stronger free cash flow (3.0B), providing more financial flexibility.

Monitor INSURANCE - PROPERTY & CASUALTY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

SLDE scores higher overall (80/100 vs 67/100), backed by strong 38.4% margins and 45.5% revenue growth. PGR offers better value entry with a 76.9% margin of safety. Both earn "Strong Buy" and "Strong 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.

Progressive Corp

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

The Progressive Corporation is an American insurance company, one of the largest providers of car insurance in the United States. The company insures motorcycles, boats, RVs, and commercial vehicles and provides home insurance through select companies.

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Slide Insurance Holdings, Inc. Common Stock

FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY · USA

Slide Insurance Holdings, Inc. engages in underwriting single family and condominium policies in the property and casualty industry in the United States. The company is headquartered in Tampa, Florida.

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