Ategrity Specialty Insurance Company Holdings (ASIC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Ategrity Specialty Insurance Company Holdings stock $12.45, price $24.10, that is 48.3% below the price, quality 71 out of 100. Rating: strongly overvalued. Calculated from audited financials with 4 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
17‑month range $16.38 – $28.66 · fair‑value band $11.09 – $15.93 · the $24.10 price screens above the $12.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Ategrity Specialty Insurance Company Holdings, through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States.
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The company offers property and casualty insurance solutions, including general liability, commercial property, management liability, miscellaneous PL, allied healthcare, and architects and engineers insurance products to the retail, real estate, hospitality, and construction sectors.
It markets and distributes its products through brokerage and small business channels. The company was formerly known as Ategrity Specialty Holdings LLC and changed its name to Ategrity Specialty Insurance Company Holdings in June 2025.
Ategrity Specialty Insurance Company Holdings was incorporated in 2017 and is based in New York, New York. Ategrity Specialty Insurance Company Holdings operates as a subsidiary of Zimmer Financial Services Group LLC.
Stock analysis
Ategrity Specialty Insurance Company Holdings (ASIC) currently trades at $24.10, while our model-based Fair Value estimate is $12.45, 48% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $18.57 per share, and 0 of the 4 models we run sit above the $24.10 price.
Bear case: the Asset-Based group reads lowest at $8.17, and 4 of the 4 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $11.09 (bear) to $15.93 (bull), the price of $24.10 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 71/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Ategrity Specialty Insurance Company Holdings reported revenue of $424M in FY2025 versus $241M in FY2023, a compound +32.6%/yr. Reported net income was $74.0M in FY2025, compounding +171.4%/yr from FY2023.
Key figures
Market cap $1.2B Small · P/E ratio 12.4 · P/S ratio 2.28 · EPS (TTM) $1.95 · Net margin 18.8% · Return on equity 16.3% · Return on assets (EBIT) 4.6% (3-year average) · Operating margin 11.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 58 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 41% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −22% fair-value upside, at −48%, ASIC screens richer than that median.
Fair Value models
Bear$11.09Fair Value $12.45Bull$15.93
Price $24.10 · Downside -48.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($1.67 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director bought shares worth $24,290, on Oct 26, 2026.
BuyChris SchenkOfficer2× since May 4, 2026: 3,500 shares, avg. $21.22$74,265Oct 26, 2026
Plus 3 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: only 3 usable fiscal years, at least 4 required
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−7.7%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+20.9%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −9.9% a year for the price and +18.0% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (88 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Property & Casualty · 100 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Ategrity Specialty Insurance Company Holdings Fair Value". https://www.fairvalue-calculator.com/stock/ASIC
Frequently asked questions
Is Ategrity Specialty Insurance Company Holdings (ASIC) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $12.45 versus a price of $24.10, about 48% lower (overvalued).
What is the fair value of ASIC?
Our model-based fair value for Ategrity Specialty Insurance Company Holdings is $12.45 (as of Nov 8, 2026), built from audited fundamentals. The current price: $24.10.
What is the quality score of ASIC?
Ategrity Specialty Insurance Company Holdings has a Quality Score of 71/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Ategrity Specialty Insurance Company Holdings (ASIC)?
Our model-based price target is the fair value of $12.45 (as of Nov 8, 2026) from 4 valuation models. Cautious scenario $11.09, optimistic scenario $15.93. It is a calculation from audited fundamentals, not an analyst target.
What is the Ategrity Specialty Insurance Company Holdings stock forecast for 2026?
Our models put fair value at $12.45, about 48% lower versus a price of $24.10 (overvalued). Cautious scenario $11.09, optimistic scenario $15.93. The calculation is refreshed regularly with new filings.
What is the revenue of Ategrity Specialty Insurance Company Holdings (ASIC)?
Ategrity Specialty Insurance Company Holdings reported trailing-twelve-month revenue of about $526M (latest available figure, as of Nov 8, 2026).
Does Ategrity Specialty Insurance Company Holdings pay a dividend?
Ategrity Specialty Insurance Company Holdings does not currently pay a dividend.
What growth is priced into Ategrity Specialty Insurance Company Holdings (ASIC)?
For today's price to be fair in a discounted-cash-flow model, Ategrity Specialty Insurance Company Holdings would have to grow free cash flow by -7.7 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 2 years revenue grew +32.6 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of ASIC use?
Our models discount Ategrity Specialty Insurance Company Holdings at 11.2 %: a base by market capitalisation (small), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Ategrity Specialty Insurance Company Holdings that is -7.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has Ategrity Specialty Insurance Company Holdings (ASIC) delivered so far?
Over the past 2 years revenue at Ategrity Specialty Insurance Company Holdings grew +32.6 % a year. The price currently implies free-cash-flow growth of -7.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Ategrity Specialty Insurance Company Holdings (ASIC) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Ategrity Specialty Insurance Company Holdings (-7.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Ategrity Specialty Insurance Company Holdings (ASIC)?
The free-cash-flow yield on the price is 11.72 %: that much free cash flow Ategrity Specialty Insurance Company Holdings produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Ategrity Specialty Insurance Company Holdings (ASIC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Ategrity Specialty Insurance Company Holdings it is $12.45 per share (as of Nov 8, 2026), against a price of $24.10. It is the blended result of 4 valuation models in 3 families (Multiples, Asset-Based, Economic Profit).
Is Ategrity Specialty Insurance Company Holdings stock overvalued or undervalued in 2026?
As of Nov 8, 2026, ASIC trades above its calculated fair value: price $24.10, fair value $12.45, a gap of about −48% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ASIC?
No. The price is what the market pays today ($24.10); the fair value is what the company's own numbers justify ($12.45). For Ategrity Specialty Insurance Company Holdings the two are $11.65 per share apart. That gap is exactly why we show both numbers side by side.
How much is Ategrity Specialty Insurance Company Holdings worth?
The market values Ategrity Specialty Insurance Company Holdings at about $1.2B (market capitalisation, as of Nov 8, 2026). Per share that is $24.10; our models calculate a fair value of $12.45 per share.
What do the bullish and bearish scenarios say about ASIC?
Our models span a range for Ategrity Specialty Insurance Company Holdings: cautious scenario $11.09, base $12.45, optimistic $15.93 per share (as of Nov 8, 2026, price $24.10). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ASIC?
Ategrity Specialty Insurance Company Holdings trades at a price-to-earnings ratio of 12.4 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $12.45 is built from several models across several years. Other multiples: P/B 2.0, P/S 2.3, EV/EBITDA 9.0.
How solid is the balance sheet of Ategrity Specialty Insurance Company Holdings (ASIC)?
Balance-sheet figures for Ategrity Specialty Insurance Company Holdings (as of Nov 8, 2026): return on equity 16.3%. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is ASIC from its 52-week high?
Ategrity Specialty Insurance Company Holdings trades at $24.10, about 16% below its 52-week high of $28.66 and 41% above the low of $17.10 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $12.45 is for.
Which stocks are comparable to Ategrity Specialty Insurance Company Holdings?
From the same area (Financial Services) we also value Chubb Limited, The Progressive Corporation, The Travelers Companies, Inc, The Allstate Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Ategrity Specialty Insurance Company Holdings stock attractive at the current price?
The data as of Nov 8, 2026: price $24.10, calculated fair value $12.45 (−48%), Quality Score 71/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ASIC calculated?
We run Ategrity Specialty Insurance Company Holdings through 4 models from 3 families: Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of $12.45 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Ategrity Specialty Insurance Company Holdings itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Ategrity Specialty Insurance Company Holdings (ASIC)?
The closing price on Nov 6, 2026 was $24.10. Our model-based fair value is $12.45, about 48% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Ategrity Specialty Insurance Company Holdings right now?
The price sits above even our optimistic bull case ($15.93). The favourable scenario is already priced in. Solid but not exceptional quality (71/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Ategrity Specialty Insurance Company Holdings
How large is the market capitalisation of Ategrity Specialty Insurance Company Holdings (ASIC)?
The market capitalisation of Ategrity Specialty Insurance Company Holdings is $1.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Ategrity Specialty Insurance Company Holdings (ASIC)?
The price-to-sales ratio of Ategrity Specialty Insurance Company Holdings is 2.28 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Ategrity Specialty Insurance Company Holdings (ASIC)?
Earnings per share at Ategrity Specialty Insurance Company Holdings are $1.95 (price ÷ EPS = P/E 12.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Ategrity Specialty Insurance Company Holdings (ASIC)?
The net margin of Ategrity Specialty Insurance Company Holdings is 18.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Ategrity Specialty Insurance Company Holdings (ASIC)?
The return on equity (ROE) of Ategrity Specialty Insurance Company Holdings is 16.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Ategrity Specialty Insurance Company Holdings (ASIC)?
On an EBIT basis the return on assets of Ategrity Specialty Insurance Company Holdings is 4.6% (avg 3y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Ategrity Specialty Insurance Company Holdings (ASIC)?
The operating margin of Ategrity Specialty Insurance Company Holdings is 11.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Ategrity Specialty Insurance Company Holdings (ASIC)?
Revenue at Ategrity Specialty Insurance Company Holdings is growing +8.2% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Ategrity Specialty Insurance Company Holdings (ASIC)?
Earnings per share at Ategrity Specialty Insurance Company Holdings are growing −35.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Ategrity Specialty Insurance Company Holdings (ASIC) hold?
Ategrity Specialty Insurance Company Holdings holds more cash than debt, $29.7M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Nov 8, 2026