AMERISAFE Return On Tangible Assets from 2010 to 2024

AMSF Stock  USD 58.58  0.44  0.75%   
AMERISAFE's Return On Tangible Assets are increasing over the last several years with slightly volatile swings. Return On Tangible Assets are estimated to finish at 0.17 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.1575046
Current Value
0.17
Quarterly Volatility
0.07926728
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AMERISAFE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMERISAFE's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 0.0 or Selling General Administrative of 24.1 M, as well as many indicators such as Price To Sales Ratio of 1.46, Dividend Yield of 0.1 or PTB Ratio of 3.22. AMERISAFE financial statements analysis is a perfect complement when working with AMERISAFE Valuation or Volatility modules.
  
Check out the analysis of AMERISAFE Correlation against competitors.
For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.

Latest AMERISAFE's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of AMERISAFE over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. AMERISAFE's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AMERISAFE's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

AMERISAFE Return On Tangible Assets Regression Statistics

Arithmetic Mean0.10
Geometric Mean0.07
Coefficient Of Variation79.04
Mean Deviation0.07
Median0.05
Standard Deviation0.08
Sample Variance0.01
Range0.2235
R-Value0.64
Mean Square Error0
R-Squared0.41
Significance0.01
Slope0.01
Total Sum of Squares0.09

AMERISAFE Return On Tangible Assets History

2023 0.16
2022 0.0444
2021 0.17
2020 0.22
2019 0.24
2018 0.18
2017 0.0309

About AMERISAFE Financial Statements

AMERISAFE stakeholders use historical fundamental indicators, such as AMERISAFE's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although AMERISAFE investors may analyze each financial statement separately, they are all interrelated. For example, changes in AMERISAFE's assets and liabilities are reflected in the revenues and expenses on AMERISAFE's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in AMERISAFE. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.16  0.17 

Currently Active Assets on Macroaxis

When determining whether AMERISAFE is a strong investment it is important to analyze AMERISAFE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AMERISAFE's future performance. For an informed investment choice regarding AMERISAFE Stock, refer to the following important reports:
Check out the analysis of AMERISAFE Correlation against competitors.
For more detail on how to invest in AMERISAFE Stock please use our How to Invest in AMERISAFE guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AMERISAFE. If investors know AMERISAFE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AMERISAFE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.443
Dividend Share
1.45
Earnings Share
3.21
Revenue Per Share
16.5
Quarterly Revenue Growth
0.083
The market value of AMERISAFE is measured differently than its book value, which is the value of AMERISAFE that is recorded on the company's balance sheet. Investors also form their own opinion of AMERISAFE's value that differs from its market value or its book value, called intrinsic value, which is AMERISAFE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AMERISAFE's market value can be influenced by many factors that don't directly affect AMERISAFE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AMERISAFE's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMERISAFE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERISAFE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.