Is American Coastal Insurance Corp (ACIC) overvalued? · P/E 4.9, rev $296.7M
American Coastal Insurance Corp (ACIC) is a insurance - property & casualty company listed on NASDAQ.
This page asks whether American Coastal Insurance Corp (ACIC) looks expensive on cached numbers — not a short thesis.
Latest reported ACIC revenue for 2024-12-31 was $296.7M. Net income was $75.7M. Revenue was up 12.2% from 2023-12-31 to 2024-12-31. ACIC currently screens at market cap $508.4M and trailing P/E 4.9.
ACIC currently screens at market cap $508.4M and trailing P/E 4.9. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next ACIC 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the ACIC stock page for the full model, not this heading.
Not investment advice.