ASIC
Ategrity Specialty Holdings LLC
ASIC's fundamentals are strong: revenue grew 30% and its operating margin rose 1 points to 24%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
ASIC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
ASIC's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like ASIC.
ASIC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 10x | $24.39 | — |
| Cheap | 11x | $22.09 | -9.4% |
| Fair | 12x | $24.16 | -0.9% |
| Current | 12x | $24.39 | — |
| Expensive | 13x | $25.32 | +3.8% |
Historical ranges are pointers, not guarantees.
ASIC's PE is 12x, but its earnings don't support one, so it isn't a reliable read right now.
ASIC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| High |
Analysts expect strong earnings and revenue growth for ASIC, but weaker profitability.
ASIC Earnings Per Share
ASIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $125.6M | +8.2% |
| Q2 2026 | $148.5M | +46% |
| Q1 2026 | $129M | +55% |
| Q4 2025 | $123.3M | +18% |
| Q2 2025 | $101.8M | +34% |
| Q1 2025 | $83.1M | +9.3% |
ASIC's revenue has grown year over year every quarter since mid-2025: $126M last quarter, up 8.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | -14 points |
| Q2 2026 | 31% | +9.3 points |
| Q1 2026 | 27% | +14 points |
| Q4 2025 | 27% | N/A |
| Q3 2025 | 26% | -4.4 points |
| Q2 2025 | 22% | N/A |
| Q1 2025 | 13% | N/A |
| Q4 2024 | 30% | +16 points |
ASIC's operating margin was 12% last quarter, down 14 points from the same quarter a year ago, near the bottom of its range since 2024.
ASIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $72.5M | +76% |
| Q1 2026 | $41.1M | +96% |
| Q3 2025 | $41.1M | +38% |
| Q1 2025 | $21M | -40% |
| Q1 2025 | $0 | -100% |
| Q4 2024 | $34.5M | +16% |
| Q4 2024 | $29.8M | +0.2% |
| Q3 2024 | $21M | -40% |
ASIC's free cash flow was $193M over the past year, up 126% from the year before. Free cash flow isn't a meaningful measure for financial services companies like ASIC.
ASIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.8% | +382K shares |
| 1 year | +0.5% | +274K shares |
ASIC has 50M diluted shares, up 0.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q1 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q4 2024 | $2.7M |
| Q3 2024 | — |
ASIC Net Leverage
ASIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.3 | Neutral |
| Stochastic | 17.8 | Oversold |
ASIC's weekly RSI is 50 (neutral) and its Stochastic is 18 (oversold).
ASIC PE vs Financial Services Sector
| Metric | ASIC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 5.1% below |
| PE % | 63 | 12 | 51 pts above |
ASIC is trading at 12x earnings, in line with the Financial Services sector's median of 13x, though its earnings don't support one.
ASIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $25.4 | 3.8% below |
| 20 week MA | $25.4 | 3.8% below |
| 50 week MA | $22.1 | 10% above |
ASIC has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 10% above its 50-week average.
ASIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $23.7 | $21.5 | -9.2% |
| 2026 YTD | $21.5 | $24.4 | +14% |
ASIC has finished every year since 2025 lower, and it's up 14% so far in 2026.