AMERISAFE, Inc. Logo

AMERISAFE, Inc.

AMSF

(2.2)
Stock Price

49,25 USD

4.91% ROA

19.08% ROE

13.96x PER

Market Cap.

890.035.520,00 USD

0% DER

10.47% Yield

20.24% NPM

AMERISAFE, Inc. Stock Analysis

AMERISAFE, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

AMERISAFE, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (19.09%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 ROA

The stock's ROA (5.01%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (2.8x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (190), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

AMERISAFE, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

AMERISAFE, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

AMERISAFE, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

AMERISAFE, Inc. Revenue
Year Revenue Growth
1995 58.200.000
2000 198.225.000 70.64%
2002 173.863.000 -14.01%
2003 190.731.000 8.84%
2004 248.960.000 23.39%
2005 276.283.000 9.89%
2006 332.720.000 16.96%
2007 338.319.000 1.65%
2008 302.377.000 -11.89%
2009 282.211.000 -7.15%
2010 248.156.000 -13.72%
2011 280.663.000 11.58%
2012 321.248.000 12.63%
2013 356.335.000 9.85%
2014 404.019.000 11.8%
2015 401.618.000 -0.6%
2016 396.663.000 -1.25%
2017 375.208.000 -5.72%
2018 377.753.000 0.67%
2019 370.370.000 -1.99%
2020 339.504.000 -9.09%
2021 316.013.000 -7.43%
2022 294.693.000 -7.23%
2023 290.624.000 -1.4%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

AMERISAFE, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
2000 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

AMERISAFE, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 6.800.000
2000 0 0%
2002 0 0%
2003 0 0%
2004 15.034.000 100%
2005 14.150.000 -6.25%
2006 17.234.000 17.89%
2007 18.896.000 8.8%
2008 20.411.000 7.42%
2009 21.447.000 4.83%
2010 21.405.000 -0.2%
2011 19.914.000 -7.49%
2012 20.839.000 4.44%
2013 22.862.000 8.85%
2014 24.518.000 6.75%
2015 24.442.000 -0.31%
2016 24.881.000 1.76%
2017 25.631.000 2.93%
2018 25.992.000 1.39%
2019 27.120.000 4.16%
2020 27.925.000 2.88%
2021 25.954.000 -7.59%
2022 26.510.000 2.1%
2023 27.608.000 3.98%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

AMERISAFE, Inc. EBITDA
Year EBITDA Growth
1995 14.300.000
2000 14.824.000 3.53%
2002 7.117.000 -108.29%
2003 13.662.000 47.91%
2004 18.853.000 27.53%
2005 10.998.000 -71.42%
2006 60.174.000 81.72%
2007 79.147.000 23.97%
2008 67.736.000 -16.85%
2009 65.332.000 -3.68%
2010 45.003.000 -45.17%
2011 29.597.000 -52.05%
2012 38.821.000 23.76%
2013 60.504.000 35.84%
2014 75.047.000 19.38%
2015 102.315.000 26.65%
2016 114.002.000 10.25%
2017 83.224.000 -36.98%
2018 88.577.000 6.04%
2019 116.459.000 23.94%
2020 107.931.000 -7.9%
2021 80.466.000 -34.13%
2022 68.955.000 -16.69%
2023 49.308.000 -39.85%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

AMERISAFE, Inc. Gross Profit
Year Gross Profit Growth
1995 58.200.000
2000 198.225.000 70.64%
2002 173.863.000 -14.01%
2003 190.731.000 8.84%
2004 248.960.000 23.39%
2005 229.125.000 -8.66%
2006 280.462.000 18.3%
2007 294.298.000 4.7%
2008 267.033.000 -10.21%
2009 246.672.000 -8.25%
2010 218.547.000 -12.87%
2011 238.259.000 8.27%
2012 281.959.000 15.5%
2013 317.046.000 11.07%
2014 346.928.000 8.61%
2015 345.014.000 -0.55%
2016 342.312.000 -0.79%
2017 321.244.000 -6.56%
2018 322.780.000 0.48%
2019 321.029.000 -0.55%
2020 290.745.000 -10.42%
2021 265.246.000 -9.61%
2022 244.144.000 -8.64%
2023 225.040.000 -8.49%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

AMERISAFE, Inc. Net Profit
Year Net Profit Growth
1995 9.300.000
2000 14.027.000 33.7%
2002 5.181.000 -170.74%
2003 8.594.000 39.71%
2004 10.557.000 18.59%
2005 5.930.000 -78.03%
2006 37.358.000 84.13%
2007 50.219.000 25.61%
2008 43.846.000 -14.53%
2009 46.431.000 5.57%
2010 33.353.000 -39.21%
2011 24.125.000 -38.25%
2012 29.353.000 17.81%
2013 43.637.000 32.73%
2014 53.666.000 18.69%
2015 70.462.000 23.84%
2016 77.865.000 9.51%
2017 46.231.000 -68.43%
2018 71.632.000 35.46%
2019 92.690.000 22.72%
2020 86.602.000 -7.03%
2021 65.756.000 -31.7%
2022 55.602.000 -18.26%
2023 39.844.000 -39.55%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

AMERISAFE, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 0
2000 19 100%
2002 -14 235.71%
2003 -9 -75%
2004 2 500%
2005 -1 300%
2006 2 200%
2007 3 50%
2008 2 0%
2009 2 0%
2010 2 -100%
2011 1 0%
2012 2 0%
2013 2 50%
2014 3 0%
2015 4 33.33%
2016 4 25%
2017 2 -100%
2018 4 33.33%
2019 5 25%
2020 4 0%
2021 3 -33.33%
2022 3 -50%
2023 2 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

AMERISAFE, Inc. Free Cashflow
Year Free Cashflow Growth
1995 26.600.000
2003 49.809.000 46.6%
2004 89.171.000 44.14%
2005 140.633.000 36.59%
2006 80.492.000 -74.72%
2007 98.980.000 18.68%
2008 63.587.000 -55.66%
2009 26.281.000 -141.95%
2010 41.638.000 36.88%
2011 42.581.000 2.21%
2012 79.852.000 46.68%
2013 127.763.000 37.5%
2014 139.451.000 8.38%
2015 91.906.000 -51.73%
2016 112.574.000 18.36%
2017 130.332.000 13.63%
2018 97.142.000 -34.17%
2019 77.806.000 -24.85%
2020 62.477.000 -24.54%
2021 36.683.000 -70.32%
2022 26.105.000 -40.52%
2023 4.642.000 -462.37%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

AMERISAFE, Inc. Operating Cashflow
Year Operating Cashflow Growth
1995 29.100.000
2003 50.449.000 42.32%
2004 91.949.000 45.13%
2005 142.042.000 35.27%
2006 81.822.000 -73.6%
2007 100.431.000 18.53%
2008 64.923.000 -54.69%
2009 27.298.000 -137.83%
2010 44.844.000 39.13%
2011 43.709.000 -2.6%
2012 81.048.000 46.07%
2013 128.903.000 37.12%
2014 140.440.000 8.21%
2015 92.859.000 -51.24%
2016 114.212.000 18.7%
2017 130.810.000 12.69%
2018 98.268.000 -33.12%
2019 78.824.000 -24.67%
2020 63.398.000 -24.33%
2021 37.979.000 -66.93%
2022 28.194.000 -34.71%
2023 5.132.000 -449.38%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

AMERISAFE, Inc. Capital Expenditure
Year Capital Expenditure Growth
1995 2.500.000
2003 640.000 -290.63%
2004 2.778.000 76.96%
2005 1.409.000 -97.16%
2006 1.330.000 -5.94%
2007 1.451.000 8.34%
2008 1.336.000 -8.61%
2009 1.017.000 -31.37%
2010 3.206.000 68.28%
2011 1.128.000 -184.22%
2012 1.196.000 5.69%
2013 1.140.000 -4.91%
2014 989.000 -15.27%
2015 953.000 -3.78%
2016 1.638.000 41.82%
2017 478.000 -242.68%
2018 1.126.000 57.55%
2019 1.018.000 -10.61%
2020 921.000 -10.53%
2021 1.296.000 28.94%
2022 2.089.000 37.96%
2023 490.000 -326.33%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

AMERISAFE, Inc. Equity
Year Equity Growth
1995 32.100.000
2000 -26.913.000 219.27%
2002 -25.100.000 -7.22%
2003 -20.652.000 -21.54%
2004 -42.862.000 51.82%
2005 147.346.000 129.09%
2006 158.784.000 7.2%
2007 208.570.000 23.87%
2008 253.272.000 17.65%
2009 302.417.000 16.25%
2010 325.223.000 7.01%
2011 350.852.000 7.3%
2012 381.222.000 7.97%
2013 416.814.000 8.54%
2014 446.968.000 6.75%
2015 453.981.000 1.54%
2016 456.150.000 0.48%
2017 425.423.000 -7.22%
2018 409.762.000 -3.82%
2019 430.215.000 4.75%
2020 438.816.000 1.96%
2021 399.323.000 -9.89%
2022 317.432.000 -25.8%
2023 335.883.000 5.49%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

AMERISAFE, Inc. Assets
Year Assets Growth
1995 120.400.000
2000 685.308.000 82.43%
2002 603.801.000 -13.5%
2003 678.608.000 11.02%
2004 754.187.000 10.02%
2005 892.320.000 15.48%
2006 994.146.000 10.24%
2007 1.061.853.000 6.38%
2008 1.107.833.000 4.15%
2009 1.118.809.000 0.98%
2010 1.128.134.000 0.83%
2011 1.148.509.000 1.77%
2012 1.220.946.000 5.93%
2013 1.329.001.000 8.13%
2014 1.457.220.000 8.8%
2015 1.502.045.000 2.98%
2016 1.518.856.000 1.11%
2017 1.518.236.000 -0.04%
2018 1.515.931.000 -0.15%
2019 1.492.906.000 -1.54%
2020 1.470.855.000 -1.5%
2021 1.402.724.000 -4.86%
2022 1.269.279.000 -10.51%
2023 1.296.636.000 2.11%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

AMERISAFE, Inc. Liabilities
Year Liabilities Growth
1995 88.300.000
2000 712.221.000 87.6%
2002 628.901.000 -13.25%
2003 699.260.000 10.06%
2004 797.049.000 12.27%
2005 744.974.000 -6.99%
2006 835.362.000 10.82%
2007 853.283.000 2.1%
2008 854.561.000 0.15%
2009 816.392.000 -4.68%
2010 802.911.000 -1.68%
2011 797.657.000 -0.66%
2012 839.724.000 5.01%
2013 912.187.000 7.94%
2014 1.010.252.000 9.71%
2015 1.048.064.000 3.61%
2016 1.062.706.000 1.38%
2017 1.092.813.000 2.76%
2018 1.106.169.000 1.21%
2019 40.089.000 -2659.28%
2020 38.880.000 -3.11%
2021 37.883.000 -2.63%
2022 951.847.000 96.02%
2023 960.753.000 0.93%

AMERISAFE, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
16
Net Income per Share
3.32
Price to Earning Ratio
13.96x
Price To Sales Ratio
2.9x
POCF Ratio
49.39
PFCF Ratio
51.57
Price to Book Ratio
2.65
EV to Sales
2.71
EV Over EBITDA
10.46
EV to Operating CashFlow
46.15
EV to FreeCashFlow
48.14
Earnings Yield
0.07
FreeCashFlow Yield
0.02
Market Cap
0,89 Bil.
Enterprise Value
0,83 Bil.
Graham Number
36.2
Graham NetNet
-20.42

Income Statement Metrics

Net Income per Share
3.32
Income Quality
0.28
ROE
0.19
Return On Assets
0.05
Return On Capital Employed
0.11
Net Income per EBT
0.8
EBT Per Ebit
1
Ebit per Revenue
0.25
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.09
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.86
Operating Profit Margin
0.25
Pretax Profit Margin
0.25
Net Profit Margin
0.2

Dividends

Dividend Yield
0.1
Dividend Yield %
10.47
Payout Ratio
1.6
Dividend Per Share
4.86

Operating Metrics

Operating Cashflow per Share
0.94
Free CashFlow per Share
0.9
Capex to Operating CashFlow
-0.04
Capex to Revenue
-0
Capex to Depreciation
-0.52
Return on Invested Capital
0.19
Return on Tangible Assets
0.05
Days Sales Outstanding
324
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
1.13
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.04

Balance Sheet

Cash per Share
19,06
Book Value per Share
17,53
Tangible Book Value per Share
17.53
Shareholders Equity per Share
17.53
Interest Debt per Share
-0.02
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-0.75
Current Ratio
606.92
Tangible Asset Value
0,34 Bil.
Net Current Asset Value
-0,63 Bil.
Invested Capital
0
Working Capital
0,33 Bil.
Intangibles to Total Assets
0
Average Receivables
0,27 Bil.
Average Payables
0,02 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

AMERISAFE, Inc. Dividends
Year Dividends Growth
2013 0
2014 2 100%
2015 3 66.67%
2016 4 0%
2017 4 25%
2018 4 0%
2019 5 0%
2020 5 0%
2021 5 20%
2022 5 0%
2023 2 -150%

AMERISAFE, Inc. Profile

About AMERISAFE, Inc.

AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company's workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It serves small to mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. The company was incorporated in 1985 and is based in DeRidder, Louisiana.

CEO
Ms. Gerry Janelle Frost
Employee
350
Address
2301 Highway 190 West
Deridder, 70634

AMERISAFE, Inc. Executives & BODs

AMERISAFE, Inc. Executives & BODs
# Name Age
1 Ms. Nancy E. Hunt
Senior Vice President of Underwriting Operations
70
2 Mr. Michael C. Cobb
Senior Vice President of Safety Operations
70
3 Mr. Henry Oscar Lestage IV
Senior Vice President of Claims Operations
70
4 Mr. Raymond Frederick Wise Jr.
Executive Vice President & Chief Sales Officer
70
5 Ms. Angela Walker Pearson
Senior Vice President & Controller
70
6 Ms. Barbra E. McCrary
Senior Vice President of Policyholder Services
70
7 Ms. Gerry Janelle Frost
President, Chief Executive Officer & Director
70
8 Mr. Vincent John Gagliano
Executive Vice President & Chief Risk Officer
70
9 Ms. Kathryn Housh Shirley
Executive Vice President, Chief Administrative Officer & Secretary
70
10 Mr. Anastasios George Omiridis
Executive Vice President & Chief Financial Officer
70

AMERISAFE, Inc. Competitors