American Coastal Insurance Corporation (ACIC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+572.0%

$73.25

vs $10.90 price

Levered DCF

-$73.62

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.37

Distress zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	5.74×	8.52×	1.37×	-0.1×	-3.21×	-2.54×	-18.01×	2,444.12×
P/B	1.93×	2.73×	2.51×	-0.25×	0.6×	0.62×	1.07×	1.36×
P/S	1.83×	2.17×	1.61×	0.21×	0.82×	0.29×	0.65×	0.98×
EV / EBITDA	3.53×	5.38×	3.69×	-0.99×	12.47×	-1.49×	-44.61×	31.37×
Gross margin	86.3%	52.7%	53.7%	19.8%	20.3%	0.3%	10.6%	15.5%
Operating margin	42.6%	37.6%	36.4%	0.8%	-4.6%	-15.6%	-4.0%	-0.6%
Net margin	31.8%	25.5%	117.5%	-212.8%	-25.3%	-11.4%	-3.6%	0.0%
Current ratio	1.22×	0×	2.03×	17.3×	6.01×	126.46×	7.1×	6.89×
Debt / equity	0.48×	0.65×	0.89×	-0.83×	0.51×	0.41×	0.32×	0.31×
Interest coverage	13.2×	9.3×	8.83×	0.18×	-1.12×	-13.79×	-3.33×	-0.43×
Dividend yield	4.0%	3.7%	0.0%	5.7%	5.6%	4.2%	1.9%	1.4%
Payout ratio	22.7%	31.8%	0.0%	-0.6%	-17.9%	-10.7%	-34.4%	3540.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	33.6%	32.1%	183.6%	260.8%	-18.5%	-24.4%	-5.9%	0.1%
Return on invested capital	22.4%	0.0%	20.2%	-0.9%	-0.2%	-8.8%	-1.1%	0.0%
Return on assets	10.0%	6.2%	29.2%	-16.5%	-2.1%	-3.4%	-1.2%	0.0%
Free cash flow yield	11.6%	37.8%	-32.2%	-386.0%	-161.3%	-8.7%	23.6%	0.9%
Earnings yield	17.4%	11.8%	73.2%	-1029.6%	-31.1%	-39.3%	-5.5%	0.0%
Enterprise value	$566M	$659.1M	$433.9M	-$34.2M	$132.9M	$166.1M	$483M	$756.3M
Net debt / EBITDA	-0.29×	0.12×	0.09×	-2.32×	-5.02×	0.71×	5.19×	1.97×
Cash conversion cycle (days)	-1,198	-59	-1,851	354	337	-438	-75	3