Company Valuation: AMERISAFE, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 1,042 995.2 896.8 981.3 726.4 491.4 -
Change - -4.5% -9.89% 9.43% -25.97% -32.35% -
Enterprise Value (EV) 1,042 995.2 896.8 981.3 726.4 491.4 491.4
Change - -4.5% -9.89% 9.43% -25.97% -32.35% 0%
P/E 15.9x - 14.5x 17.8x - 12.2x 14x
PBR 2.61x 3.14x 3.06x 3.81x 2.87x 2.03x 2.07x
PEG - - - -1.7x - - -1.1x
Capitalization / Revenue 3.3x 3.38x 2.92x 3.18x 2.29x 1.44x 1.41x
EV / Revenue 0x 0x 0x 0x 0x 1.44x 1.41x
EV / EBITDA - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 9.48x 10.8x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 5.16 - 4.86 4.48 - 1.64 1.72
Rate of return 9.59% - 10.4% 8.69% - 6.18% 6.48%
EPS 2 3.39 - 3.23 2.89 - 2.17 1.9
Distribution rate 152% - 150% 155% - 75.6% 90.5%
Net sales 1 315.9 294.7 306.9 309 317.3 341.7 349.4
EBITDA - - - - - - -
EBIT 1 79.45 67.65 77.38 69.06 58.85 51.84 45.61
Net income 1 65.76 55.6 62.11 55.44 47.14 41.1 35.51
Net Debt - - - - - - -
Reference price 2 53.83 51.97 46.78 51.54 38.41 26.53 26.53
Nbr of stocks (in thousands) 19,359 19,150 19,170 19,040 18,913 18,524 -
Announcement Date 2/22/22 A 2/20/23 A 2/21/24 A 2/26/25 A 2/25/26 A - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 491M
4x - - 0.02% 2.76B
17.08x1.83x - -.--% 1.1B
10.35x2.89x6.75x4.88% 523M
Average 10.48x 2.36x 6.75x 1.63% 1.22B
Weighted average by Cap. 8.05x 2.17x 6.75x 0.6%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation AMERISAFE, Inc.