Head-To-Head Analysis: Exzeo Group (NYSE:XZO) & NCR Voyix (NYSE:VYX)

Exzeo Group (NYSE:XZO) and NCR Voyix (NYSE:VYX) are both small-cap technology companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, institutional ownership, dividends and analyst recommendations.

Insider and Institutional Ownership

97.0% of NCR Voyix shares are held by institutional investors. 4.0% of Exzeo Group shares are held by company insiders. Comparatively, 0.5% of NCR Voyix shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Exzeo Group and NCR Voyix”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Exzeo Group	$216.98 million	6.32	$82.75 million	$0.98	15.53
NCR Voyix	$2.69 billion	0.35	$62.00 million	$0.40	16.82

Exzeo Group has higher earnings, but lower revenue than NCR Voyix. Exzeo Group is trading at a lower price-to-earnings ratio than NCR Voyix, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings for Exzeo Group and NCR Voyix, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Exzeo Group	1	1	3	0	2.40
NCR Voyix	0	3	3	0	2.50

Exzeo Group currently has a consensus price target of $26.00, indicating a potential upside of 70.85%. NCR Voyix has a consensus price target of $12.40, indicating a potential upside of 84.28%. Given NCR Voyix’s stronger consensus rating and higher probable upside, analysts plainly believe NCR Voyix is more favorable than Exzeo Group.

Profitability

This table compares Exzeo Group and NCR Voyix’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Exzeo Group	39.14%	38.77%	26.80%
NCR Voyix	2.53%	11.23%	2.61%

Summary

Exzeo Group beats NCR Voyix on 7 of the 12 factors compared between the two stocks.

About Exzeo Group

Exzeo provides turnkey insurance technology and operations solutions to insurance carriers and their agents based on a proprietary platform of purpose-built software and data analytics applications that are specifically designed for the property and casualty, or P&C, insurance ecosystem. Exzeo’s Insurance-as-a-Service (IaaS) platform, which we refer to as the “Exzeo Platform,” currently includes nine highly configurable software and data analytics applications that are purpose-built to serve insurance companies and other customers in the insurance value chain. Through the Exzeo Platform, Exzeo provides technology-based solutions and services for all operational and administrative activities and functions needed by P&C insurance carriers and their agents, including quoting and underwriting, policy management, claims processing management, data reporting, and financial reporting. As a result, the Exzeo Platform streamlines and automates the interaction between insurance carriers and their policyholders. Exzeo was established in 2012 as the technology and innovation division of HCI Group, Inc., or HCI, a leading underwriter of homeowners insurance in Florida and 12 other states. Exzeo’s initial customers are insurance carriers or their managing general agent that are owned or managed by HCI and its subsidiaries, and Exzeo has derived substantially all of its revenues to date from such customers. In addition to working with existing customers to expand their business, Exzeo intends to develop new customer partnerships with additional carriers and their agents by introducing them to the advantage of our technology. Exzeo was founded with a clear mission: to develop a platform that enhances underwriting margins, reduces operating expenses, enables rapid expansion across both geographic markets and product lines, and delivers a streamlined, user-friendly experience for both carriers and policyholders. Exzeo’s data-centric technology and mission inspired its name, which is derived from the combination of three words that describe the “Big Data” it collects and utilizes in its products and services: Exabyte (a million trillion – 1018– bytes), Zettabyte (1021 bytes) and Yottabyte (1024 bytes). Exzeo generates revenue from underwriting and management services, claim services, and other technology services that are provided through and powered by the Exzeo Platform. Exzeo provides its solutions and technologies to customers under contracts with a variable fee structure that is typically based on a percentage of premium managed through the Exzeo Platform. Exzeo believes that this fee structure is beneficial to customers because it is designed to allow customers to scale while optimizing for operational efficiencies and without significant up-front technology expenditures. We currently hold insurance agency or managing general agent licenses, as appropriate, in 29 states. Through the Exzeo Platform, we currently provide services in the following 13 states in which our customers have operations: Florida, Connecticut, Georgia, Massachusetts, Montana, North Carolina, New Jersey, New Mexico, Nevada, Rhode Island, South Carolina, South Dakota, and Utah. We intend to expand our operations (and obtain additional licenses as needed) in the 21 remaining states based upon growth plans of our existing customers or the existing geographies and growth plans of new customers with which we engage. Exzeo Group, Inc. is the registrant and the issuer of the common stock being sold in this offering. Our corporate headquarters is located in Tampa, FL.

About NCR Voyix

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers. The company provides solutions for banking channel services, transaction processing, imaging, and branch services. In addition, it offers solutions for retail industry comprising comprehensive API-point of sale (POS) retail software platforms and applications, hardware terminals and peripherals, payment processing solutions, and consumer engagement solutions, as well as self-service kiosks, which consists of self-checkout (SCO). Further, the company provides technology solutions to customers in the restaurant industry comprising table-service, quick-service, and fast casual restaurants. Additionally, it offers cloud-based and platform-enabled software applications for point-of-sale, back office, payment processing, kitchen production, restaurant management, eCommerce, mobile ordering, and consumer marketing and loyalty; and restaurant -oriented hardware products, such as POS terminals, kitchen display systems, handheld devices, printers, and peripherals. It also offers solutions for customer account opening and onboarding across digital, branch, and call center channels. The company serves grocery stores, drug stores, and box retailers; and quick service, table service and fast casual restaurants of all sizes, small-and-medium sized businesses to large multi-national, and enterprise clients. The company was formerly known as NCR Corporation and changed its name to NCR Voyix Corporation in October 2023. NCR Voyix Corporation was incorporated in 1884 and is headquartered in Atlanta, Georgia.