40.91 USD
0 (0%)
40.91 USD
0 (0%)
Overall AMSF gets a fundamental rating of 4 out of 10. We evaluated AMSF against 147 industry peers in the Insurance industry. Both the profitability and the financial health of AMSF get a neutral evaluation. Nothing too spectacular is happening here. AMSF has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year AMSF was profitable.
AMSF had a positive operating cash flow in the past year.
AMSF had positive earnings in each of the past 5 years.
Each year in the past 5 years AMSF had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 4.28%, AMSF is doing good in the industry, outperforming 78.23% of the companies in the same industry.
AMSF has a Return On Equity of 18.17%. This is in the better half of the industry: AMSF outperforms 79.59% of its industry peers.
AMSF has a Return On Invested Capital of 4.22%. This is in the better half of the industry: AMSF outperforms 72.11% of its industry peers.
AMSF had an Average Return On Invested Capital over the past 3 years of 4.78%. This is in line with the industry average of 4.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.28% | ||
| ROE | 18.17% | ||
| ROIC | 4.22% |
ROA(3y)4.74%
ROA(5y)4.96%
ROE(3y)20.1%
ROE(5y)19.3%
ROIC(3y)4.78%
ROIC(5y)4.81%
1.3 Margins
The Profit Margin of AMSF (16.31%) is better than 81.63% of its industry peers.
AMSF's Profit Margin has declined in the last couple of years.
AMSF has a Operating Margin of 19.35%. This is in the better half of the industry: AMSF outperforms 70.75% of its industry peers.
In the last couple of years the Operating Margin of AMSF has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.35% | ||
| PM (TTM) | 16.31% | ||
| GM | N/A |
OM growth 3Y-3.47%
OM growth 5Y-8.09%
PM growth 3Y-5.13%
PM growth 5Y-6.1%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
AMSF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for AMSF has been reduced compared to 1 year ago.
Compared to 5 years ago, AMSF has less shares outstanding
Compared to 1 year ago, AMSF has an improved debt to assets ratio.
2.2 Solvency
There is no outstanding debt for AMSF. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACC0.49
WACC8.65%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
AMSF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.27%.
Measured over the past years, AMSF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -11.34% on average per year.
The Revenue has been growing slightly by 1.49% in the past year.
Measured over the past years, AMSF shows a decrease in Revenue. The Revenue has been decreasing by -3.91% on average per year.
EPS 1Y (TTM)-9.27%
EPS 3Y-3.68%
EPS 5Y-11.34%
EPS Q2Q%-5.17%
Revenue 1Y (TTM)1.49%
Revenue growth 3Y-0.45%
Revenue growth 5Y-3.91%
Sales Q2Q%4.17%
3.2 Future
The Earnings Per Share is expected to decrease by -6.03% on average over the next years.
The Revenue is expected to grow by 3.16% on average over the next years.
EPS Next Y-8.24%
EPS Next 2Y-4.92%
EPS Next 3Y-6.03%
EPS Next 5YN/A
Revenue Next Year0.45%
Revenue Next 2Y2.62%
Revenue Next 3Y3.16%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.41, the valuation of AMSF can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of AMSF indicates a slightly more expensive valuation: AMSF is more expensive than 64.63% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of AMSF to the average of the S&P500 Index (26.15), we can say AMSF is valued slightly cheaper.
A Price/Forward Earnings ratio of 17.96 indicates a rather expensive valuation of AMSF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMSF indicates a slightly more expensive valuation: AMSF is more expensive than 68.71% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.12. AMSF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.41 | ||
| Fwd PE | 17.96 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMSF is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AMSF indicates a slightly more expensive valuation: AMSF is more expensive than 74.15% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 83.67 | ||
| EV/EBITDA | 12.02 |
4.3 Compensation for Growth
AMSF's earnings are expected to decrease with -6.03% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.92%
EPS Next 3Y-6.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.84%, AMSF has a reasonable but not impressive dividend return.
AMSF's Dividend Yield is a higher than the industry average which is at 3.46.
AMSF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.84% |
5.2 History
The dividend of AMSF decreases each year by -0.15%.
AMSF has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-0.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
173.45% of the earnings are spent on dividend by AMSF. This is not a sustainable payout ratio.
The Dividend Rate of AMSF has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP173.45%
EPS Next 2Y-4.92%
EPS Next 3Y-6.03%
40.91
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners102.24%
Inst Owner Change-0.98%
Ins Owners1.35%
Ins Owner Change2.36%
Market Cap776.88M
Revenue(TTM)305.98M
Net Income(TTM)49.92M
Analysts77.78
Price Target51.34 (25.49%)
Short Float %0.76%
Short Ratio1.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.84% |
Yearly Dividend4.47
Dividend Growth(5Y)-0.15%
DP173.45%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.93%
Min EPS beat(2)-4.22%
Max EPS beat(2)-3.64%
EPS beat(4)1
Avg EPS beat(4)-1.63%
Min EPS beat(4)-4.22%
Max EPS beat(4)4.89%
EPS beat(8)2
Avg EPS beat(8)-2.43%
EPS beat(12)4
Avg EPS beat(12)-1.11%
EPS beat(16)5
Avg EPS beat(16)-6.08%
Revenue beat(2)2
Avg Revenue beat(2)2.74%
Min Revenue beat(2)2.64%
Max Revenue beat(2)2.84%
Revenue beat(4)2
Avg Revenue beat(4)-2%
Min Revenue beat(4)-7.3%
Max Revenue beat(4)2.84%
Revenue beat(8)5
Avg Revenue beat(8)-0.32%
Revenue beat(12)6
Avg Revenue beat(12)-0.71%
Revenue beat(16)9
Avg Revenue beat(16)-0.08%
PT rev (1m)-7.36%
PT rev (3m)-8.48%
EPS NQ rev (1m)1.94%
EPS NQ rev (3m)-0.08%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-1.48%
Revenue NQ rev (1m)0.56%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)0.62%
Revenue NY rev (3m)0.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.41 | ||
| Fwd PE | 17.96 | ||
| P/S | 2.54 | ||
| P/FCF | 83.67 | ||
| P/OCF | 68.91 | ||
| P/B | 2.83 | ||
| P/tB | 2.83 | ||
| EV/EBITDA | 12.02 |
EPS(TTM)2.35
EY5.74%
EPS(NY)2.28
Fwd EY5.57%
FCF(TTM)0.49
FCFY1.2%
OCF(TTM)0.59
OCFY1.45%
SpS16.11
BVpS14.47
TBVpS14.47
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.28% | ||
| ROE | 18.17% | ||
| ROCE | 5.26% | ||
| ROIC | 4.22% | ||
| ROICexc | 4.44% | ||
| ROICexgc | 5.05% | ||
| OM | 19.35% | ||
| PM (TTM) | 16.31% | ||
| GM | N/A | ||
| FCFM | 3.03% |
ROA(3y)4.74%
ROA(5y)4.96%
ROE(3y)20.1%
ROE(5y)19.3%
ROIC(3y)4.78%
ROIC(5y)4.81%
ROICexc(3y)4.99%
ROICexc(5y)5.03%
ROICexgc(3y)5.72%
ROICexgc(5y)5.69%
ROCE(3y)5.96%
ROCE(5y)5.99%
ROICexgc growth 3Y2.96%
ROICexgc growth 5Y-5.98%
ROICexc growth 3Y2.27%
ROICexc growth 5Y-6.79%
OM growth 3Y-3.47%
OM growth 5Y-8.09%
PM growth 3Y-5.13%
PM growth 5Y-6.1%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 234% | ||
| Cap/Sales | 0.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 18.77% | ||
| Profit Quality | 18.6% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score5
WACC8.65%
ROIC/WACC0.49
Cap/Depr(3y)92.38%
Cap/Depr(5y)99.43%
Cap/Sales(3y)0.38%
Cap/Sales(5y)0.37%
Profit Quality(3y)45.41%
Profit Quality(5y)52.83%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.27%
EPS 3Y-3.68%
EPS 5Y-11.34%
EPS Q2Q%-5.17%
EPS Next Y-8.24%
EPS Next 2Y-4.92%
EPS Next 3Y-6.03%
EPS Next 5YN/A
Revenue 1Y (TTM)1.49%
Revenue growth 3Y-0.45%
Revenue growth 5Y-3.91%
Sales Q2Q%4.17%
Revenue Next Year0.45%
Revenue Next 2Y2.62%
Revenue Next 3Y3.16%
Revenue Next 5YN/A
EBIT growth 1Y-5.28%
EBIT growth 3Y-3.9%
EBIT growth 5Y-11.68%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-46.33%
FCF growth 3Y-13.99%
FCF growth 5Y-21.39%
OCF growth 1Y-37.37%
OCF growth 3Y-13.98%
OCF growth 5Y-21.04%
AMERISAFE INC / AMSF FAQ
What is the fundamental rating for AMSF stock?
ChartMill assigns a fundamental rating of 4 / 10 to AMSF.
Can you provide the valuation status for AMERISAFE INC?
ChartMill assigns a valuation rating of 1 / 10 to AMERISAFE INC (AMSF). This can be considered as Overvalued.
How profitable is AMERISAFE INC (AMSF) stock?
AMERISAFE INC (AMSF) has a profitability rating of 5 / 10.
Can you provide the financial health for AMSF stock?
The financial health rating of AMERISAFE INC (AMSF) is 5 / 10.
How sustainable is the dividend of AMERISAFE INC (AMSF) stock?
The dividend rating of AMERISAFE INC (AMSF) is 4 / 10 and the dividend payout ratio is 173.45%.