American Coastal Insurance Corp. (ACIC) intrinsic value & 10-year financials
American Coastal Insurance Corp. (ACIC) has a Graham intrinsic value of $71.41 per share. At $11.10 on Oct 17, 2026, the stock trades 84% below that value. Over the last 10 fiscal years revenue shrank 4.1% a year to $335.4M, with an average return on invested capital of 3029.6%.
- Graham intrinsic value
- $71.41
- Share price (Oct 17, 2026)
- $11.10
- Price vs Graham value
- 84% below
- Market cap
- $552.6M
- Revenue (FY2025)
- $335.4M
- Revenue growth (10-yr CAGR)
- -4.1%
- ROIC (10-yr avg)
- 3029.6%
- Free cash flow (FY2025)
- $70.9M
ACIC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $335.4M | $106.8M | $2.15 | $70.9M | 41.8% | 40.6% |
| FY2024 | $296.7M | $75.7M | $1.54 | $243.5M | 33.6% | 37.7% |
| FY2023 | $286.5M | $309.9M | $6.98 | -$136.2M | 31.3% | -151.3% |
| FY2022 | $455.4M | -$469.9M | -$10.91 | -$176.2M | -99.9% | 30416.3% |
| FY2021 | $634.5M | -$57.9M | -$1.35 | -$300.7M | -13.2% | -20.6% |
| FY2020 | $846.7M | -$96.5M | -$2.25 | -$21.3M | -15.6% | -25.0% |
| FY2019 | $825.1M | -$29.9M | -$0.70 | $127.1M | -4.0% | -5.8% |
| FY2018 | $723.9M | $290.0K | $0.01 | $6.0M | -0.6% | -0.4% |
| FY2017 | $654.4M | $10.1M | $0.27 | $9.1M | 0.1% | 0.3% |
| FY2016 | $487.1M | $5.7M | $0.26 | $62.6M | 1.4% | 3.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
AMERICAN COASTAL INSURANCE Corp is facing top-line stagnation, with revenue contracting over the decade.
AMERICAN COASTAL INSURANCE Corp has earned high returns on invested capital, averaging 33.3% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
AMERICAN COASTAL INSURANCE Corp has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, AMERICAN COASTAL INSURANCE Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $71.41 per share.