Which has the lower trailing P/E, HVMC or NODK?

HVMC has the lower trailing P/E: HVMC trades at 39.18 and NODK at 39.56. P/E is one valuation measure and does not by itself establish which business is cheaper.

Is HVMC or NODK more profitable?

NODK runs the higher net margin — HVMC at 0.00% versus NODK at 2.93%.

Highview Merger Corp. Class A Ordinary Share (HVMC) vs NI Holdings, Inc. (NODK)

A side-by-side comparison of Highview Merger Corp. Class A Ordinary Share and NI Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

HVMC

Highview Merger Corp. Class A Ordinary Share

$303M

$10.30Financial ServicesDelayed quote: Oct 6, 2026, 11:28 AM EDT

NODK

NI Holdings, Inc.

$305M

$14.92Financial ServicesDelayed quote: Oct 6, 2026, 11:59 AM EDT

Total return — HVMC vs NODK

growth of $100 · dividends reinvested · last 1y

HVMC +3.3% (+3.3%/yr)NODK +12.1% (+12.1%/yr)NODK compounded faster over this window

HVMC NODK

HVMC vs NODK: by the numbers

•NODK is the larger company ($305M vs $303M market cap).
•HVMC trades at the lower trailing earnings multiple (39.18 vs 39.56 P/E), one valuation lens rather than an overall verdict.
•NODK is profitable (2.93% net margin) while HVMC runs a net loss (0.00%).

Metrics side by side

Valuation

Metric	HVMC	NODK
P/E ratio	39.18	39.56
P/S ratio	N/A	1.14
P/B ratio	1.32	1.22

Profitability

Metric	HVMC	NODK
Gross margin	0.00%	N/A
Operating margin	0.00%	-4.33%
Net margin	0.00%	2.93%
ROE	2.95%	3.14%
ROIC	-0.39%	N/A

NI Holdings, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Growth (annualized)

Metric	HVMC	NODK
Revenue CAGR (5Y)	N/A	-3.44%
Total return CAGR (5Y)	N/A	-4.20%

Frequently asked

Which has the lower trailing P/E, HVMC or NODK?: HVMC has the lower trailing P/E: HVMC trades at 39.18 and NODK at 39.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
Is HVMC or NODK more profitable?: NODK runs the higher net margin — HVMC at 0.00% versus NODK at 2.93%.

Go deeper

Full HVMC analysis Full NODK analysis Interactive comparison tool

Dig into the metrics

Highview Merger Corp. Class A Ordinary Share P/E ratio NI P/E ratio Highview Merger Corp. Class A Ordinary Share ROE NI ROE Highview Merger Corp. Class A Ordinary Share operating margin NI operating margin Highview Merger Corp. Class A Ordinary Share revenue growth NI revenue growth Highview Merger Corp. Class A Ordinary Share free cash flow

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.