37.92 USD
+0.48 (+1.28%)
37.92 USD
0 (0%)
Taking everything into account, AMSF scores 4 out of 10 in our fundamental rating. AMSF was compared to 146 industry peers in the Insurance industry. AMSF has only an average score on both its financial health and profitability. AMSF is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
AMSF had positive earnings in the past year.
AMSF had a positive operating cash flow in the past year.
Each year in the past 5 years AMSF has been profitable.
In the past 5 years AMSF always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 4.28%, AMSF is doing good in the industry, outperforming 78.77% of the companies in the same industry.
The Return On Equity of AMSF (18.17%) is better than 80.82% of its industry peers.
With a decent Return On Invested Capital value of 4.22%, AMSF is doing good in the industry, outperforming 70.55% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AMSF is significantly below the industry average of 15.11%.
| 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
With an excellent Profit Margin value of 16.31%, AMSF belongs to the best of the industry, outperforming 82.88% of the companies in the same industry.
In the last couple of years the Profit Margin of AMSF has declined.
AMSF has a better Operating Margin (19.35%) than 69.86% of its industry peers.
AMSF's Operating Margin has declined in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), AMSF is destroying value.
Compared to 1 year ago, AMSF has less shares outstanding
The number of shares outstanding for AMSF has been reduced compared to 5 years ago.
The debt/assets ratio for AMSF has been reduced compared to a year ago.
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/WACC0.48
WACC8.82%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for AMSF have decreased by -9.27% in the last year.
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.
AMSF shows a small growth in Revenue. In the last year, the Revenue has grown by 1.49%.
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 -6.80% on average over the next years.
Based on estimates for the next years, AMSF will show a small growth in Revenue. The Revenue will grow by 3.16% on average per year.
EPS Next Y-8.38%
EPS Next 2Y-5.28%
EPS Next 3Y-6.8%
EPS Next 5YN/A
Revenue Next Year1.15%
Revenue Next 2Y2.8%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.14, which indicates a correct valuation of AMSF.
AMSF's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.19. AMSF is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 16.77, AMSF is valued correctly.
63.70% of the companies in the same industry are cheaper than AMSF, based on the Price/Forward Earnings ratio.
AMSF is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.14 | ||
| Fwd PE | 16.77 |
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.
Based on the Price/Free Cash Flow ratio, AMSF is valued a bit more expensive than 73.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 77.27 | ||
| EV/EBITDA | 10.88 |
4.3 Compensation for Growth
AMSF's earnings are expected to decrease with -6.80% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.28%
EPS Next 3Y-6.8%
5. Dividend
5.1 Amount
AMSF has a Yearly Dividend Yield of 4.13%, which is a nice return.
AMSF's Dividend Yield is rather good when compared to the industry average which is at 2.42. AMSF pays more dividend than 80.14% of the companies in the same industry.
AMSF's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
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
AMSF pays out 173.45% of its income as dividend. 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-5.28%
EPS Next 3Y-6.8%
37.92
+0.48 (+1.28%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners99.56%
Inst Owner Change0.6%
Ins Owners1.33%
Ins Owner Change0.11%
Market Cap717.45M
Revenue(TTM)305.98M
Net Income(TTM)49.92M
Analysts77.78
Price Target50.32 (32.7%)
Short Float %0.93%
Short Ratio1.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.13% |
Yearly Dividend4.47
Dividend Growth(5Y)-0.15%
DP173.45%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)0%
PT rev (3m)-9.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.06%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.24%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.14 | ||
| Fwd PE | 16.77 | ||
| P/S | 2.34 | ||
| P/FCF | 77.27 | ||
| P/OCF | 63.64 | ||
| P/B | 2.61 | ||
| P/tB | 2.61 | ||
| EV/EBITDA | 10.88 |
EPS(TTM)2.35
EY6.2%
EPS(NY)2.26
Fwd EY5.96%
FCF(TTM)0.49
FCFY1.29%
OCF(TTM)0.6
OCFY1.57%
SpS16.17
BVpS14.52
TBVpS14.52
PEG (NY)N/A
PEG (5Y)N/A
Graham Number27.71
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
WACC8.82%
ROIC/WACC0.48
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-8.38%
EPS Next 2Y-5.28%
EPS Next 3Y-6.8%
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 Year1.15%
Revenue Next 2Y2.8%
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.
What is the valuation status for AMSF stock?
ChartMill assigns a valuation rating of 2 / 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.
Can you provide the dividend sustainability for AMSF stock?
The dividend rating of AMERISAFE INC (AMSF) is 5 / 10 and the dividend payout ratio is 173.45%.