WallStSmart

AMERISAFE Inc (AMSF)vsMGIC Investment Corp (MTG)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

MGIC Investment Corp generates 282% more annual revenue ($1.21B vs $317.30M). MTG leads profitability with a 60.8% profit margin vs 14.9%. MTG appears more attractively valued with a PEG of 0.40. MTG earns a higher WallStSmart Score of 65/100 (C+).

AMSF

Buy

60

out of 100

Grade: C

Growth: 4.0Profit: 7.0Value: 7.3Quality: 6.3
Piotroski: 5/9Altman Z: 1.23

MTG

Buy

65

out of 100

Grade: C+

Growth: 5.3Profit: 8.5Value: 10.0Quality: 4.8
Piotroski: 2/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AMSFSignificantly Overvalued (-128.7%)

Margin of Safety

-128.7%

Fair Value

$16.80

Current Price

$32.84

$16.04 premium

UndervaluedFair: $16.80Overvalued
MTGUndervalued (+33.2%)

Margin of Safety

+33.2%

Fair Value

$40.95

Current Price

$26.01

$14.94 discount

UndervaluedFair: $40.95Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AMSF2 strengths · Avg: 8.0/10
P/E RatioValuation
13.1x8/10

Attractively priced relative to earnings

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

MTG5 strengths · Avg: 10.0/10
PEG RatioValuation
0.4010/10

Growing faster than its price suggests

P/E RatioValuation
8.2x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Profit MarginProfitability
60.8%10/10

Keeps 61 of every $100 in revenue as profit

Operating MarginProfitability
74.2%10/10

Strong operational efficiency at 74.2%

Areas to Watch

AMSF4 concerns · Avg: 2.8/10
PEG RatioValuation
1.814/10

Expensive relative to growth rate

Market CapQuality
$611.07M3/10

Smaller company, higher risk/reward

EPS GrowthGrowth
-19.2%2/10

Earnings declined 19.2%

Altman Z-ScoreHealth
1.232/10

Distress zone — elevated risk

MTG3 concerns · Avg: 3.0/10
EPS GrowthGrowth
3.9%4/10

3.9% earnings growth

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Revenue GrowthGrowth
-0.9%2/10

Revenue declined 0.9%

Comparative Analysis Report

WallStSmart Research

Bull Case : AMSF

The strongest argument for AMSF centers on P/E Ratio, Price/Book. Revenue growth of 10.2% demonstrates continued momentum.

Bull Case : MTG

The strongest argument for MTG centers on PEG Ratio, P/E Ratio, Price/Book. Profitability is solid with margins at 60.8% and operating margin at 74.2%. PEG of 0.40 suggests the stock is reasonably priced for its growth.

Bear Case : AMSF

The primary concerns for AMSF are PEG Ratio, Market Cap, EPS Growth.

Bear Case : MTG

The primary concerns for MTG are EPS Growth, Piotroski F-Score, Revenue Growth.

Key Dynamics to Monitor

AMSF profiles as a value stock while MTG is a declining play — different risk/reward profiles.

MTG carries more volatility with a beta of 0.80 — expect wider price swings.

AMSF is growing revenue faster at 10.2% — sustainability is the question.

MTG generates stronger free cash flow (230M), providing more financial flexibility.

Bottom Line

MTG scores higher overall (65/100 vs 60/100), backed by strong 60.8% margins. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

AMERISAFE Inc

FINANCIAL SERVICES · INSURANCE - SPECIALTY · USA

AMERISAFE, Inc., an insurance holding company, writes workers' compensation insurance in the United States. The company is headquartered in DeRidder, Louisiana.

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MGIC Investment Corp

FINANCIAL SERVICES · INSURANCE - SPECIALTY · USA

MGIC Investment Corporation offers private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government-sponsored entities in the United States, Puerto Rico, and Guam. The company is headquartered in Milwaukee, Wisconsin.

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