Intrinsic Value
AMERISAFE INC · AMSF
Conservative
More adverse but historically defensible assumptions.
$17.90
Base
The model's central intrinsic-value estimate.
$22.94
Optimistic
More favorable but historically defensible assumptions.
$77.31
Scenarios are the same model run under different but historically defensible assumptions. They are not price targets. Where a valuation gap is shown it is a comparison with a recent close, not a forecast return; where the price is stale, no gap is shown at all.
Model confidence: 85%Valuation as of Sep 21, 2026Latest filing used Feb 27, 2026
Confidence reflects data completeness, accounting quality, and model reliability. It is not a probability of future price.
Valuation drivers
- Normalized ROE
- 19.5%
- Cost of equity
- 10.24%
- Terminal ROE
- 14.9%
- Terminal growth
- 2.50%
- Book common equity
- $251.6M
- Intrinsic common equity
- $437.8M
- Terminal-value share
- 14.6%
Model notes (4)
- Forecast payout capped at 100% of earnings left the demonstrated range (Base case)
- Forecast payout capped at 100% of earnings left the demonstrated range (Conservative case)
- ROTCE unavailable — tangible common equity is not reported(FY2014–FY2025)
- Combined ratio unavailable — partial insurance expense coverage
Model details
- Normalization
- V1
- Scenario
- V2
- Confidence
- V1
- Engine version
- valuation-1.0.1-share-units-terminal
- Data snapshot
- filed:2026-02-27