AMSF

AMERISAFE, Inc.

Financial Services · $440M market cap

Verdict

Share price

$23.59

close of Oct 3, 2026

Fair value

$29.37

Sticker Price

Payback Price

$11.75

buy price

Undervalued

AMSF is Undervalued: at $23.59 it trades 20% below its fair value of $29.37. Its buy price (Payback Price) is $11.75, 50% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.

How we valued it

Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.

Business quality

1 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth3.6% a year✗
Equity per share growth0.9% a year✗
Sales growth-0.0% a year✗
Free cash flow growth-6.1% a year✗
Return on invested capital11.4%✓

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Insider activity

Since Aug 1, 2026: no open-market purchases and 2 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About AMERISAFE, Inc.

Operating as an insurance holding company, AMERISAFE, Inc. specializes in providing workers' compensation coverage across the United States. Its policies offer crucial financial protection to injured employees, addressing costs related to temporary or permanent disability, death benefits, and medical and hospital expenses. The firm primarily serves small to medium-sized businesses operating in high-risk industries…

Insurance - Specialty

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works