Financials American Coastal Insurance Corporation

Equities

ACIC

US9107101027

Property & Casualty Insurance

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
10.75 USD -1.74% Intraday chart for American Coastal Insurance Corporation +1.18% +13.64%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 545.2 246.4 187.5 45.91 415.3 509.1 -
Enterprise Value (EV) 1 545.2 246.4 187.5 45.91 415.3 509.1 509.1
P/E ratio -18 x -2.54 x -3.21 x -0.1 x 1.36 x 8.27 x 6.94 x
Yield 1.9% 4.2% 5.53% - - - -
Capitalization / Revenue 0.66 x 0.29 x 0.3 x - 1.47 x 1.55 x 1.22 x
EV / Revenue 0.66 x 0.29 x 0.3 x - 1.47 x 1.55 x 1.22 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.08 x 0.62 x 0.6 x - 2.62 x 2.23 x 1.7 x
Nbr of stocks (in thousands) 43,234 43,080 43,206 43,308 43,898 47,354 -
Reference price 2 12.61 5.720 4.340 1.060 9.460 10.75 10.75
Announcement Date 2/20/20 2/24/21 2/23/22 3/2/23 2/29/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 825.1 846.7 634.5 - 281.9 328.7 418.3
EBITDA - - - - - - -
EBIT - - - - - - -
Operating Margin - - - - - - -
Earnings before Tax (EBT) 1 -32.61 -132.1 -83.86 - 91.97 80.2 96.6
Net income 1 -29.87 -96.45 -57.92 -468 309.9 61.75 74.38
Net margin -3.62% -11.39% -9.13% - 109.94% 18.79% 17.78%
EPS 2 -0.7000 -2.250 -1.350 -10.87 6.980 1.300 1.550
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.2400 0.2400 0.2400 - - - -
Announcement Date 2/20/20 2/24/21 2/23/22 3/2/23 2/29/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 162.7 154.5 102.4 115.8 - 55.58 65.22 68.89 95.98 98.57
EBITDA - - - - - - - - - -
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) 1 -18.6 -6.202 -44.31 -32.9 - 19.59 15.96 16.29 19.31 28.63
Net income 1 -14.32 -2.316 -33.17 -69.03 10.57 14.28 12.29 12.54 14.87 22.04
Net margin -8.8% -1.5% -32.41% -59.61% - 25.7% 18.85% 18.21% 15.49% 22.36%
EPS 2 -0.3300 -0.0500 -0.7700 -1.600 0.2400 0.3100 0.2600 0.2600 0.3100 0.4600
Dividend per Share 2 0.0600 0.0600 0.0600 - - - - - - -
Announcement Date 11/11/21 2/23/22 5/9/22 8/8/22 11/13/23 2/29/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) -9.02% -27.6% -17.1% - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share 2 11.70 9.190 7.200 - 3.610 4.830 6.340
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/20/20 2/24/21 2/23/22 3/2/23 2/29/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
10.75 USD
Average target price
15 USD
Spread / Average Target
+39.53%
Consensus
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