AMERISAFE, Inc. (AMSF) vs Employers Holdings Inc (EIG)

AMERISAFE, Inc. and Employers Holdings Inc are both Insurance Specialty companies. Employers Holdings Inc is the larger, with a market value of $906.1M against $464.1M — 2.0× the size. AMERISAFE, Inc. trades at the lower P/E: 10.1× against 73.2×. AMERISAFE, Inc. grew revenue faster over the last twelve months: 9.54% against −5.83%. AMERISAFE, Inc. has the higher net margin (14.0% vs 0.91%) and the higher return on invested capital (19.9% vs 0.55%). Both pay a dividend; AMERISAFE, Inc. yields more (4.88% vs 2.58%). Across the 21 metrics below, AMERISAFE, Inc. leads on 17 and Employers Holdings Inc on 4.

Valuation

Metric AMSF EIG Insurance Specialty median
P/E 10.07 73.16 8.97
P/S 1.39 1.11 1.87
P/B 1.87 1.08 1.15
Price to free cash flow 24.23 47.25 8.00
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.93% 1.37% 10.57%
Free cash flow yield 4.13% 2.12% 12.08%

Profitability

Metric AMSF EIG Insurance Specialty median
Gross margin 28.37% 1.25% 73.81%
Operating margin 17.46% 1.25% 17.70%
Net margin 14.00% 0.91% 13.80%
Free cash flow margin 5.75% 2.35% 34.47%
Return on equity 18.23% 0.78% 12.01%
Return on assets 4.12% 0.22% 4.12%
Return on invested capital 19.85% 0.55% 8.77%

Growth

Metric AMSF EIG Insurance Specialty median
Revenue growth (TTM) 9.54% (5.83%) 7.53%
EPS growth (last fiscal year) (14.53%) (90.23%) 5.61%
Revenue growth, 5-year CAGR (1.35%) 3.84% 2.24%
Net income growth, 5-year CAGR (11.45%) (38.20%) 0.00%

Health

Metric AMSF EIG Insurance Specialty median
Debt to equity 0.00 0.15 0.15
Current ratio 0.43 0.37 0.53
Net debt to EBITDA (1.03) (5.61) 0.28

Dividend

Metric AMSF EIG Insurance Specialty median
Dividend yield 4.88% 2.58% 2.09%
Payout ratio 0.50 1.91 0.20

Size

Metric AMSF EIG Insurance Specialty median
Market cap 464.14m 906.11m 3.07b

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