Provide property and casualty insurance products to small and medium-sized businesses. Offer reinsurance solutions to mitigate risk for clients. Now — the numbers.
This is an established company with proven profits.
The market pays 17.8× for every dollar of annual profit — around what a business like this usually costs.
Against companies in its own sector, it looks cheaper than 40% of them.
Analysts' average target sits 2% above today's price.
Executives buying with their own money is usually read as confidence in the company’s future.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Profit power and business quality lead the class.
For a bank, strength is measured by capital buffers and reserves — not cash minus debt.
Clearly below the class average.
Sales are growing strongly for its sector.
The stock has been running stronger than the market lately.
Valuation: The stock trades at a price that looks expensive next to its earnings; that can cap future returns.
The stock trades near its peak today. For long-term holders the ride has paid off so far — though past performance guarantees nothing about the future.
The net profit margin is 17% — the profit kept from each dollar of revenue is the company’s cushion in hard quarters.
Over the last 2 years, sales grew about 33% a year on average.
Over the last 12 months, company executives reported 6 buys and 3 sells. Management buying with its own money is usually read as a good sign.
Today’s price already includes part of tomorrow’s optimism. Report-card grade: 40/100.
On our five-subject report card, ASIC sits near the top of the class. A high grade doesn’t mean “guaranteed win” — it means “the evidence looks strong for now.”
The takeaway: ASIC is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.
The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.
Not covered, because the filings we hold do not carry it: the growth trend, the revenue breakdown.