Atlantic American Corporation (AAME) Key Metrics
AAME valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $21.4M
- Enterprise value
- $30.9M
- P/E (TTM)
- 4.6 10-yr median 21.6
- Forward P/E
- 7.4
- PEG ratio
- 2.43
- Price / sales
- 0.1 10-yr median 0.3
- Price / book
- 0.3 10-yr median 0.5
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- 0.83
AAME key metrics, 2015–2024
Fiscal year ended December 31, 2024 · U.S. dollarsAAME valuation Price multiples at each fiscal year-end price.
AAME returns How much profit the business earns on the capital it uses.
AAME per-share figures Results divided by the shares outstanding at year-end.
AAME financial health Debt, liquidity and how easily interest is covered.
AAME efficiency & capital use Working capital cycle and where the cash goes.
AAME valuation history
AAME returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AAME debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AAME cash returned to shareholders
AAME price vs earnings per share
AAME key metrics
2015–2024| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $31.4M | $50.0M | $47.7M | $50.0M | $44.9M | $39.9M | $48.9M | $77.0M | $98.3M | $115.2M |
| Enterprise value | $33.6M | $21.1M | −$154.1M | −$202.0M | −$194.7M | −$171.7M | −$140.4M | −$161.3M | −$125.4M | −$105.0M |
| P/E ratio | — | — | 31.3 | 11.7 | 3.7 | — | — | 17.0 | 37.3 | 26.3 |
| Price / sales | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.6 | 0.7 |
| Price / book | 0.3 | 0.5 | 0.5 | 0.4 | 0.3 | 0.3 | 0.5 | 0.7 | 0.9 | 1.1 |
| Price / free cash flow | 6.9 | 19.7 | 7.5 | 51.0 | 5.1 | — | 11.7 | 30.4 | 106.8 | 61.1 |
| Price / operating cash flow | 6.5 | 19.1 | 7.4 | 45.9 | 5.0 | — | 11.0 | 29.2 | 74.7 | 52.2 |
| EV / sales | 0.2 | 0.1 | -0.8 | -1.0 | -1.0 | -0.9 | -0.8 | -0.9 | -0.8 | -0.6 |
| EV / EBITDA | — | 6.3 | — | — | — | — | — | — | — | — |
| EV / free cash flow | 7.3 | 8.3 | — | — | — | — | — | — | — | — |
| Earnings yield | −13.6% | −0.3% | 3.2% | 8.6% | 27.1% | −1.0% | −1.4% | 5.9% | 2.7% | 3.8% |
| Free cash flow yield | 14.6% | 5.1% | 13.3% | 2.0% | 19.4% | −4.7% | 8.5% | 3.3% | 0.9% | 1.6% |
| Dividend yield | 2.6% | 1.6% | 1.7% | 1.6% | 0.9% | 2.0% | 1.6% | 1.0% | 0.8% | 0.7% |
| Shareholder yield (dividends + buybacks) | 2.6% | 1.6% | 1.9% | 1.9% | 1.1% | 2.2% | 3.3% | 1.9% | 1.5% | 1.6% |
| Share price at fiscal year-end | $1.54 | $2.45 | $2.34 | $2.45 | $2.06 | $1.97 | $2.41 | $3.40 | $4.10 | $4.99 |
| Per share | ||||||||||
| Revenue per share | $9.23 | $9.15 | $9.21 | $9.78 | $8.95 | $9.78 | $9.15 | $8.00 | $6.93 | $7.19 |
| Earnings per share | −$0.21 | −$0.01 | $0.07 | $0.21 | $0.56 | −$0.02 | −$0.03 | $0.20 | $0.11 | $0.19 |
| Operating cash flow per share | $0.24 | $0.13 | $0.32 | $0.05 | $0.41 | −$0.09 | $0.22 | $0.12 | $0.05 | $0.10 |
| Free cash flow per share | $0.22 | $0.12 | $0.31 | $0.05 | $0.40 | −$0.09 | $0.21 | $0.11 | $0.04 | $0.08 |
| Cash per share | $1.74 | $3.22 | $11.65 | $14.01 | $12.53 | $12.11 | $10.99 | $12.02 | $10.74 | $11.00 |
| Book value per share | $4.88 | $5.26 | $5.01 | $6.93 | $6.65 | $5.84 | $5.00 | $4.99 | $4.40 | $4.44 |
| Tangible book value per share | $4.76 | $2.98 | $4.89 | $6.80 | $6.53 | $5.72 | $4.87 | $4.88 | $4.30 | $4.33 |
| Dividends per share | $0.04 | $0.04 | $0.04 | $0.04 | $0.02 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 |
| Capex per share | $0.01 | $0.00 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.00 | $0.02 | $0.01 |
| Debt per share | $1.85 | $1.80 | $1.75 | $1.65 | $1.55 | $1.67 | $1.66 | $1.49 | $1.41 | $1.46 |
| Shares outstanding | 20.4M | 20.4M | 20.4M | 20.4M | 21.8M | 20.3M | 20.3M | 22.6M | 24.0M | 23.1M |
| Change in shares outstanding | −0.0% | +0.1% | −0.1% | −6.5% | +7.7% | −0.1% | −10.4% | −5.5% | +3.8% | −0.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −4.1% | −0.2% | 1.3% | 3.0% | 9.2% | −0.4% | −0.7% | 4.1% | 2.5% | 4.2% |
| Return on invested capital (ROIC) | −4.6% | — | — | — | — | — | — | — | — | — |
| Return on assets (ROA) | −1.1% | −0.0% | 0.4% | 1.1% | 3.1% | −0.1% | −0.2% | 1.4% | 0.8% | 1.4% |
| Return on tangible assets | −1.1% | −0.1% | 0.4% | 1.1% | 3.0% | −0.1% | −0.2% | 1.3% | 0.8% | 1.4% |
| Free cash flow margin | 2.4% | 1.4% | 3.4% | 0.5% | 4.5% | −0.9% | 2.3% | 1.4% | 0.6% | 1.1% |
| Income quality (OCF / net income) | — | — | 4.23 | 0.25 | 0.74 | — | — | 0.58 | 0.50 | 0.50 |
| Financial health | ||||||||||
| Total debt | $37.8M | $36.8M | $35.7M | $33.7M | $33.7M | $33.7M | $33.7M | $33.7M | $33.7M | $33.7M |
| Cash & short-term investments | $35.6M | $65.6M | $237.6M | $285.7M | $273.4M | $245.4M | $223.0M | $272.1M | $257.4M | $254.0M |
| Net debt | $2.2M | −$28.9M | −$201.8M | −$252.0M | −$239.7M | −$211.6M | −$189.3M | −$238.3M | −$223.7M | −$220.3M |
| Debt / equity | 0.38 | 0.34 | 0.35 | 0.24 | 0.23 | 0.28 | 0.33 | 0.30 | 0.32 | 0.33 |
| Debt / assets | 0.10 | 0.10 | 0.10 | 0.08 | 0.08 | 0.09 | 0.10 | 0.10 | 0.11 | 0.11 |
| Net debt / EBITDA | — | −8.61 | −40.88 | −32.76 | −13.25 | −77.83 | −92.20 | −27.98 | −35.56 | −26.69 |
| Current ratio | 8.84 | 0.42 | 14.37 | 186.96 | 11.91 | 5.89 | 0.06 | 0.12 | 0.07 | 0.09 |
| Quick ratio | 8.84 | 0.42 | 38.27 | 210.58 | 13.67 | 6.42 | 0.06 | 1.38 | 1.44 | 1.42 |
| Interest coverage | -1.5 | -0.2 | 1.1 | 3.8 | 9.6 | -0.2 | -0.5 | 3.1 | 2.3 | 4.0 |
| Working capital | $31.5M | −$39.1M | $26.9M | $326.4M | $302.3M | $241.3M | −$196.5M | −$172.0M | −$166.1M | −$162.8M |
| Invested capital | $101.8M | $78.4M | −$99.7M | −$110.7M | −$94.6M | −$93.2M | −$87.9M | −$125.3M | −$118.2M | −$117.8M |
| Tangible asset value | $97.1M | $60.9M | $99.6M | $138.7M | $142.5M | $115.8M | $98.8M | $110.4M | $103.0M | $99.9M |
| Net current asset value | −$258.2M | −$245.7M | −$236.0M | $67.1M | $69.9M | $31.4M | −$230.3M | −$205.7M | −$199.8M | −$196.5M |
| Graham number | — | — | $2.90 | $5.72 | $9.13 | — | — | $4.74 | $3.30 | $4.36 |
| Graham net-net per share | −$10.81 | −$8.56 | −$1.00 | $1.75 | $1.44 | $0.35 | $0.55 | −$2.60 | −$2.48 | −$2.58 |
| Capital allocation | ||||||||||
| Dividends paid | $807,000 | $807,000 | $807,000 | $807,000 | $399,000 | $802,000 | $806,000 | $807,000 | $807,000 | $811,000 |
| Share buybacks (net) | $7,000 | $12,000 | $108,000 | $153,000 | $91,000 | $71,000 | $820,000 | $692,000 | $698,000 | $997,000 |
| Dividend payout ratio | — | — | 52.9% | 18.9% | 3.3% | — | — | 17.8% | 30.6% | 18.5% |
| Dividends + buybacks / free cash flow | 17.8% | 32.2% | 14.5% | 97.9% | 5.6% | — | 38.9% | 59.2% | 163.6% | 95.8% |
| Capex / revenue | 0.1% | 0.0% | 0.1% | 0.1% | 0.1% | 0.0% | 0.2% | 0.1% | 0.2% | 0.2% |
| Capex / operating cash flow | 4.7% | 3.1% | 2.0% | 9.8% | 2.6% | — | 6.3% | 3.9% | 30.1% | 14.6% |
| Capex / depreciation | 0.61 | 0.12 | 0.14 | 0.11 | 0.24 | 0.07 | 0.28 | 0.07 | 0.33 | 0.29 |
| Stock-based compensation / revenue | 0.0% | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.1% | 0.3% | 0.4% | 0.2% |
| SG&A / revenue | — | — | — | — | — | 22.9% | 21.0% | 24.0% | 27.0% | 26.1% |
| Efficiency | ||||||||||
| Days sales outstanding | 92.3 | 84.1 | 81.3 | 90.5 | 95.2 | 79.8 | 71.0 | 55.6 | 52.8 | 53.7 |
| Days of inventory on hand | — | — | -96.0 | -92.0 | -82.0 | -51.4 | — | -557.5 | -595.1 | -604.1 |
| Days payables outstanding | — | 55.5 | 55.7 | 52.8 | 54.7 | 43.2 | 45.1 | 44.2 | 39.1 | 36.1 |
| Cash conversion cycle (days) | — | 28.6 | -70.4 | -54.3 | -41.6 | -14.9 | 25.9 | -546.2 | -581.4 | -586.6 |
| Receivables turnover | 3.95 | 4.34 | 4.49 | 4.03 | 3.84 | 4.58 | 5.14 | 6.57 | 6.92 | 6.80 |
| Payables turnover | — | 6.58 | 6.55 | 6.91 | 6.67 | 8.45 | 8.09 | 8.25 | 9.34 | 10.11 |
| Asset turnover | 0.49 | 0.50 | 0.49 | 0.49 | 0.50 | 0.55 | 0.54 | 0.55 | 0.52 | 0.53 |
| Average receivables | $47.6M | $43.0M | $41.8M | $49.5M | $50.9M | $43.3M | $36.1M | $27.6M | $24.0M | $24.4M |
| Average payables | — | $25.6M | $26.0M | $25.9M | $25.0M | $21.9M | $21.2M | $19.5M | $15.9M | $14.3M |
| Average inventory | — | — | −$44.7M | −$45.2M | −$37.4M | −$26.0M | — | −$245.8M | −$241.3M | −$239.3M |
| Intangibles / total assets | 0.6% | 12.2% | 0.7% | 0.6% | 0.6% | 0.7% | 0.7% | 0.7% | 0.8% | 0.8% |
Computed from AAME's annual financial statements (latest annual report filed March 25, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AAME valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 4.6 and the forward P/E is 7.4. Atlantic American earned a return on equity of −4.1% and a return on invested capital of −4.6% in fiscal 2024. It ended the year with $37.8 million of debt and $35.6 million in cash and short-term investments, net debt of $2.2 million. It returned $0.8 million to shareholders: $0.8 million in dividends and $0.0 million in share buybacks, 18% of free cash flow. The share count fell 11.7% from 23.1M to 20.4M over 9 years.
See the AAME income statement, the AAME chart for price history, or the AAME stock overview for the latest quote and news.
AAME key metrics FAQ
What is Atlantic American's P/E ratio?
Atlantic American's trailing P/E ratio is 4.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 7.4. At the end of fiscal 2024 it was —, compared with a 10-year median of 21.6.
What is Atlantic American's return on equity?
Atlantic American's return on equity (ROE) was −4.1% in fiscal 2024: net income of -$4.3 million on average shareholders' equity of $103.4 million.
What is Atlantic American's ROIC?
Atlantic American's return on invested capital was −4.6% in fiscal 2024, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Atlantic American have?
Atlantic American had total debt of $37.8 million at the end of fiscal 2024, a debt-to-equity ratio of 0.38.
What is Atlantic American's dividend yield?
Atlantic American paid $0.8 million in dividends in fiscal 2024 ($0.04 per share), a payout ratio of —.
Does Atlantic American buy back its shares?
Yes. Atlantic American spent $0.0 million on net share repurchases in fiscal 2024 Shares outstanding changed −0.0% over the year, to 20.4M..
What is Atlantic American's free cash flow yield?
Atlantic American generated $4.6 million of free cash flow in fiscal 2024, a free cash flow yield of 14.6% on its market value at year-end ($31.4 million).
What is Atlantic American's current ratio?
Atlantic American's current ratio was 8.84 at the end of fiscal 2024: current assets were 8.84 times current liabilities.