AMERISAFE, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 45.56 USD | -0.57% |
|
-10.46% | -2.61% |
| Apr. 26 | Truist Lowers Price Target on AMERISAFE to $48 From $50, Keeps Hold Rating | MT |
| Apr. 25 | Transcript : AMERISAFE, Inc., Q1 2024 Earnings Call, Apr 25, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,274 | 1,110 | 1,042 | 995.2 | 896.8 | 871.3 | - |
| Enterprise Value (EV) 1 | 1,274 | 1,110 | 1,042 | 995.2 | 896.8 | 871.3 | 871.3 |
| P/E ratio | 13.8 x | 12.8 x | 15.9 x | - | 14.5 x | 19.4 x | 20.7 x |
| Yield | 6.82% | 7.97% | 9.59% | - | 10.4% | 3.25% | 3.51% |
| Capitalization / Revenue | 3.44 x | 3.27 x | 3.3 x | 3.38 x | 2.92 x | 3.24 x | 2.98 x |
| EV / Revenue | 3.44 x | 3.27 x | 3.3 x | 3.38 x | 2.92 x | 3.24 x | 2.98 x |
| EV / EBITDA | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | 2.96 x | 2.53 x | 2.61 x | 3.14 x | 3.06 x | 3.22 x | 2.96 x |
| Nbr of stocks (in thousands) | 19,295 | 19,326 | 19,359 | 19,150 | 19,170 | 19,125 | - |
| Reference price 2 | 66.03 | 57.43 | 53.83 | 51.97 | 46.78 | 45.56 | 45.56 |
| Announcement Date | 2/19/20 | 2/24/21 | 2/22/22 | 2/20/23 | 2/21/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 370.4 | 339.5 | 315.9 | 294.7 | 306.9 | 268.9 | 292.8 |
| EBITDA | - | - | - | - | - | - | - |
| EBIT 1 | 115.5 | 106.9 | 79.45 | 67.65 | 77.38 | 60.28 | 48.14 |
| Operating Margin | 31.19% | 31.5% | 25.15% | 22.95% | 25.22% | 22.42% | 16.44% |
| Earnings before Tax (EBT) 1 | 115.5 | 106.9 | 79.45 | 67.65 | 77.38 | 60.28 | 52.57 |
| Net income 1 | 92.69 | 86.6 | 65.76 | 55.6 | 62.11 | 48.75 | 42.42 |
| Net margin | 25.03% | 25.51% | 20.81% | 18.86% | 20.24% | 18.13% | 14.49% |
| EPS 2 | 4.800 | 4.470 | 3.390 | - | 3.230 | 2.350 | 2.200 |
| Free Cash Flow | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share 2 | 4.500 | 4.580 | 5.160 | - | 4.860 | 1.480 | 1.600 |
| Announcement Date | 2/19/20 | 2/24/21 | 2/22/22 | 2/20/23 | 2/21/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 73.04 | 78.38 | 75.56 | 68.04 | 71.38 | 79.76 | 78.44 | 75.66 | 72.64 | 80.12 | 80.49 | 66.43 | 66.55 | 67.5 | 72 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 24.72 | 1.932 | 21.42 | 7.123 | 13.45 | 25.65 | 21.54 | 19.57 | 12.33 | 23.95 | 20.74 | 14 | 12.72 | 12.82 | 11.83 |
| Operating Margin | 33.84% | 2.46% | 28.35% | 10.47% | 18.84% | 32.16% | 27.45% | 25.86% | 16.97% | 29.89% | 25.77% | 21.07% | 19.1% | 19% | 16.42% |
| Earnings before Tax (EBT) 1 | 24.72 | 1.932 | 21.42 | - | 13.45 | 25.65 | 21.54 | 19.57 | 12.33 | 23.95 | 20.74 | 14 | 12.72 | 12.82 | 13.91 |
| Net income 1 | 19.14 | 3.541 | 17.33 | - | 11.36 | 20.78 | 17.34 | 15.63 | 9.961 | 19.18 | 16.92 | 11.27 | 10.24 | 10.32 | 11.21 |
| Net margin | 26.2% | 4.52% | 22.94% | - | 15.92% | 26.05% | 22.11% | 20.65% | 13.71% | 23.94% | 21.03% | 16.96% | 15.38% | 15.3% | 15.57% |
| EPS 2 | 0.9900 | 0.1800 | 0.8900 | - | 0.5900 | 1.080 | 0.9000 | 0.8100 | 0.5200 | 1.000 | 0.8800 | 0.5900 | 0.5300 | 0.5400 | 0.5800 |
| Dividend per Share 2 | 0.2900 | 4.290 | 0.3100 | - | - | - | 0.3400 | 0.3400 | 0.3400 | 3.840 | 0.3700 | 0.3700 | 0.3700 | 0.3700 | 0.4000 |
| Announcement Date | 10/27/21 | 2/22/22 | 4/27/22 | 7/28/22 | 10/26/22 | 2/20/23 | 4/26/23 | 7/27/23 | 10/25/23 | 2/21/24 | 4/24/24 | - | - | - | - |
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) | 22.1% | 19.9% | 15.7% | 15.5% | 20.4% | 17.1% | 15.8% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 22.30 | 22.70 | 20.60 | 16.60 | 15.30 | 14.20 | 15.40 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - |
| Announcement Date | 2/19/20 | 2/24/21 | 2/22/22 | 2/20/23 | 2/21/24 | - | - |
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
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
45.56
USD
Average target price
56
USD
Spread / Average Target
+22.91%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -2.61% | 871M | |
| +1.94% | 1.8B | |
| +11.15% | 85.6M |
- Stock Market
- Equities
- AMSF Stock
- Financials AMERISAFE, Inc.
