AmeriServ Financial, Inc. (ASRV) Key Metrics
ASRV valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $77.1M
- Enterprise value
- $107.2M
- P/E (TTM)
- 8.9 10-yr median 11.6
- Forward P/E
- 12.3
- PEG ratio
- 0.95
- Price / sales
- 1.3 10-yr median 1.0
- Price / book
- 0.6 10-yr median 0.6
- EV / EBITDA
- — 10-yr median 2.0
- Dividend yield
- 2.64% $0.12 a year
- Beta
- 0.43
ASRV key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsASRV valuation Price multiples at each fiscal year-end price.
ASRV returns How much profit the business earns on the capital it uses.
ASRV per-share figures Results divided by the shares outstanding at year-end.
ASRV financial health Debt, liquidity and how easily interest is covered.
ASRV efficiency & capital use Working capital cycle and where the cash goes.
ASRV valuation history
ASRV returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ASRV debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ASRV cash returned to shareholders
ASRV price vs earnings per share
ASRV key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $52.7M | $45.0M | $55.5M | $67.6M | $66.1M | $53.4M | $73.2M | $72.7M | $77.2M | $70.1M |
| Enterprise value | $59.1M | −$26.6M | −$8.7M | $3.5M | −$65.4M | −$12.1M | $9.9M | −$758,890 | $29.6M | −$12.4M |
| P/E ratio | 9.4 | 12.5 | — | 9.1 | 9.3 | 11.6 | 12.2 | 9.4 | 23.4 | 30.4 |
| Price / sales | 0.6 | 0.5 | 0.7 | 1.0 | 1.0 | 0.8 | 1.1 | 1.2 | 1.3 | 1.2 |
| Price / book | 0.4 | 0.4 | 0.5 | 0.6 | 0.6 | 0.5 | 0.7 | 0.7 | 0.8 | 0.7 |
| Price / free cash flow | 25.6 | 46.1 | 11.3 | 21.6 | 7.6 | — | 35.4 | 12.4 | 16.0 | 13.5 |
| Price / operating cash flow | 16.5 | 16.8 | 8.8 | 13.0 | 6.6 | — | 15.0 | 9.1 | 10.3 | 10.6 |
| EV / sales | 0.7 | -0.3 | -0.1 | 0.1 | -1.0 | -0.2 | 0.2 | -0.0 | 0.5 | -0.2 |
| EV / EBITDA | 6.6 | — | — | 0.3 | — | — | 1.0 | — | 2.9 | — |
| EV / free cash flow | 28.6 | — | — | 1.1 | — | — | 4.8 | — | 6.1 | — |
| Earnings yield | 10.6% | 8.0% | −6.0% | 11.0% | 10.7% | 8.6% | 8.2% | 10.7% | 4.3% | 3.3% |
| Free cash flow yield | 3.9% | 2.2% | 8.8% | 4.6% | 13.2% | −5.1% | 2.8% | 8.0% | 6.2% | 7.4% |
| Dividend yield | 3.8% | 4.5% | 3.7% | 2.9% | 2.6% | 3.2% | 2.2% | 1.9% | 1.4% | 1.4% |
| Shareholder yield (dividends + buybacks) | 3.8% | 7.8% | 3.7% | 2.9% | 8.5% | 3.5% | 5.7% | 5.1% | 5.9% | 31.3% |
| Share price at fiscal year-end | $3.19 | $2.68 | $3.23 | $3.94 | $3.86 | $3.13 | $4.20 | $4.03 | $4.15 | $3.70 |
| Per share | ||||||||||
| Revenue per share | $5.34 | $5.03 | $4.51 | $3.83 | $3.76 | $3.70 | $3.70 | $3.40 | $3.17 | $2.98 |
| Earnings per share | $0.34 | $0.21 | −$0.20 | $0.43 | $0.41 | $0.27 | $0.35 | $0.43 | $0.18 | $0.12 |
| Operating cash flow per share | $0.19 | $0.16 | $0.37 | $0.30 | $0.58 | −$0.08 | $0.28 | $0.44 | $0.40 | $0.35 |
| Free cash flow per share | $0.12 | $0.06 | $0.29 | $0.18 | $0.51 | −$0.16 | $0.12 | $0.32 | $0.26 | $0.28 |
| Cash per share | $4.17 | $10.32 | $10.48 | $11.81 | $11.94 | $10.30 | $9.40 | $10.07 | $8.78 | $8.50 |
| Book value per share | $7.22 | $6.38 | $5.97 | $6.19 | $6.81 | $6.12 | $5.65 | $5.43 | $5.11 | $5.03 |
| Tangible book value per share | $6.39 | $5.57 | $5.17 | $5.39 | $6.01 | $4.72 | $4.28 | $4.77 | $3.83 | $3.77 |
| Dividends per share | $0.12 | $0.12 | $0.12 | $0.11 | $0.10 | $0.10 | $0.09 | $0.07 | $0.06 | $0.05 |
| Capex per share | $0.07 | $0.10 | $0.08 | $0.12 | $0.07 | $0.08 | $0.16 | $0.12 | $0.15 | $0.07 |
| Debt per share | $4.56 | $6.05 | $6.74 | $8.07 | $4.26 | $6.46 | $5.77 | $6.00 | $6.22 | $4.15 |
| Shares outstanding | 16.5M | 16.8M | 17.1M | 17.1M | 17.1M | 17.1M | 17.4M | 18.0M | 18.6M | 19.0M |
| Change in shares outstanding | −1.6% | −2.0% | −0.0% | +0.2% | +0.3% | −2.2% | −3.3% | −3.0% | −1.9% | +0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 5.0% | 3.4% | −3.2% | 6.7% | 6.4% | 4.5% | 6.1% | 8.0% | 3.5% | 2.2% |
| Return on invested capital (ROIC) | 7.0% | 9.8% | −8.6% | 54.8% | — | 12.4% | 20.2% | 21.6% | 14.4% | 5.7% |
| Return on assets (ROA) | 0.4% | 0.3% | −0.2% | 0.6% | 0.5% | 0.4% | 0.5% | 0.7% | 0.3% | 0.2% |
| Return on tangible assets | 0.4% | 0.3% | −0.2% | 0.6% | 0.5% | 0.4% | 0.5% | 0.7% | 0.3% | 0.2% |
| Free cash flow margin | 2.3% | 1.2% | 6.4% | 4.8% | 13.5% | −4.3% | 3.2% | 9.5% | 8.2% | 9.2% |
| Income quality (OCF / net income) | 0.57 | 0.75 | — | 0.70 | 1.41 | −0.30 | 0.81 | 1.03 | 2.28 | 2.85 |
| Financial health | ||||||||||
| Total debt | $75.3M | $101.7M | $115.6M | $138.4M | $72.8M | $110.2M | $100.6M | $108.2M | $115.7M | $78.6M |
| Cash & short-term investments | $69.0M | $173.4M | $179.7M | $202.5M | $204.3M | $175.7M | $163.9M | $181.6M | $163.3M | $161.2M |
| Net debt | $6.3M | −$71.7M | −$64.2M | −$64.1M | −$131.4M | −$65.5M | −$63.3M | −$73.4M | −$47.6M | −$82.5M |
| Debt / equity | 0.63 | 0.95 | 1.13 | 1.30 | 0.62 | 1.06 | 1.02 | 1.10 | 1.22 | 0.82 |
| Debt / assets | 0.05 | 0.07 | 0.08 | 0.10 | 0.05 | 0.09 | 0.09 | 0.09 | 0.10 | 0.07 |
| Net debt / EBITDA | 0.71 | −11.06 | — | −5.67 | −12.16 | −8.39 | −6.69 | −6.69 | −4.60 | −16.47 |
| Current ratio | 0.06 | 0.15 | 0.15 | 0.17 | 0.18 | 2.02 | 0.17 | 0.19 | 0.17 | 0.17 |
| Quick ratio | 0.06 | 0.15 | 0.07 | 0.20 | 0.22 | 2.42 | 0.20 | 1.14 | 1.14 | 1.16 |
| Interest coverage | 0.2 | 0.1 | -0.2 | 1.1 | 1.2 | 0.6 | 0.5 | 0.8 | 1.0 | 0.4 |
| Working capital | −$1.17B | −$1.04B | −$1.01B | −$989.9M | −$931.1M | $91.0M | −$815.6M | −$805.1M | −$830.1M | −$816.3M |
| Invested capital | $125.6M | $35.6M | $38.1M | $42.1M | −$14.9M | $38.9M | $35.3M | $24.5M | $47.5M | $12.9M |
| Tangible asset value | $105.6M | $93.6M | $88.6M | $92.4M | $102.8M | $80.5M | $74.7M | $86.0M | $71.2M | $71.5M |
| Net current asset value | −$1.26B | −$1.14B | −$1.10B | −$1.05B | −$1.01B | −$994.6M | −$905.2M | −$877.6M | −$905.6M | −$894.1M |
| Graham number | $7.43 | $5.55 | — | $7.78 | $7.96 | $6.09 | $6.63 | $7.26 | $4.51 | $3.71 |
| Graham net-net per share | −$76.31 | −$67.71 | −$61.25 | −$62.17 | −$60.46 | −$59.43 | −$52.71 | −$74.88 | −$74.85 | −$72.78 |
| Capital allocation | ||||||||||
| Dividends paid | $2.0M | $2.0M | $2.1M | $2.0M | $1.7M | $1.7M | $1.6M | $1.3M | $1.1M | $960,000 |
| Share buybacks (net) | $0 | $1.5M | $0 | $0 | $3.9M | $151,000 | $2.5M | $2.3M | $3.4M | $21.0M |
| Dividend payout ratio | 35.3% | 56.1% | — | 26.4% | 24.2% | 37.3% | 27.2% | 17.3% | 33.8% | 41.6% |
| Dividends + buybacks / free cash flow | 96.1% | 361.8% | 41.9% | 62.9% | 64.8% | — | 202.6% | 63.2% | 93.8% | 421.2% |
| Capex / revenue | 1.3% | 2.0% | 1.8% | 3.2% | 1.9% | 2.1% | 4.4% | 3.5% | 4.6% | 2.4% |
| Capex / operating cash flow | 35.3% | 63.7% | 22.0% | 39.9% | 12.5% | — | 57.7% | 26.9% | 36.0% | 20.9% |
| Capex / depreciation | 0.54 | 0.82 | 0.67 | 0.99 | 0.61 | 0.66 | 1.51 | 1.40 | 1.62 | 0.77 |
| Stock-based compensation / revenue | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 37.9% | 34.8% | 39.3% | 62.1% | 44.2% | 46.4% | 41.4% | 42.8% | 43.5% | 44.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 22.8 | 23.8 | 24.4 | 24.4 | 25.6 | 24.6 | 19.6 | 21.1 | 20.8 | 19.9 |
| Days of inventory on hand | — | — | 441.2 | -1,595.5 | -1,736.0 | -892.7 | -11,714.8 | -31,786.4 | -36,914.0 | -30,459.0 |
| Days payables outstanding | — | — | — | 48,009.9 | 46,104.0 | 28,535.0 | 23,042.5 | 31,474.9 | 36,437.8 | 29,223.1 |
| Cash conversion cycle (days) | — | — | — | -49,581.0 | -47,814.3 | -29,403.1 | -34,737.7 | -63,240.2 | -73,331.1 | -59,662.2 |
| Receivables turnover | 16.00 | 15.34 | 14.95 | 14.96 | 14.24 | 14.83 | 18.60 | 17.29 | 17.56 | 18.31 |
| Payables turnover | — | — | — | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 |
| Inventory turnover | — | — | 0.83 | — | — | — | — | — | — | — |
| Asset turnover | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 |
| Average receivables | $5.5M | $5.5M | $5.2M | $4.4M | $4.5M | $4.3M | $3.5M | $3.5M | $3.4M | $3.1M |
| Average payables | — | — | — | $1.12B | $1.10B | $1.01B | $954.8M | $948.6M | $957.9M | $935.5M |
| Average inventory | — | — | $39.0M | −$37.4M | −$41.3M | −$31.5M | −$485.4M | −$957.9M | −$970.4M | −$975.1M |
| Intangibles / total assets | 0.9% | 1.0% | 1.0% | 1.0% | 1.0% | 1.9% | 2.0% | 1.0% | 2.0% | 2.1% |
Computed from ASRV's annual financial statements (latest annual report filed March 18, 2026) 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.
ASRV valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), AmeriServ Financial traded at 9.4 times earnings, against a 10-year median of 11.6. Based on the latest twelve months, the trailing P/E is 8.9 and the forward P/E is 12.3. AmeriServ Financial earned a return on equity of 5.0% and a return on invested capital of 7.0% in fiscal 2025. It ended the year with $75.3 million of debt and $69.0 million in cash and short-term investments, net debt of $6.3 million. It returned $2.0 million to shareholders: $2.0 million in dividends and $0 in share buybacks, 96% of free cash flow. The share count fell 12.8% from 19.0M to 16.5M over 9 years.
See the ASRV income statement, the ASRV chart for price history, or the ASRV stock overview for the latest quote and news.
ASRV key metrics FAQ
What is AmeriServ Financial's P/E ratio?
AmeriServ Financial's trailing P/E ratio is 8.9 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 12.3. At the end of fiscal 2025 it was 9.4, compared with a 10-year median of 11.6.
What is AmeriServ Financial's EV/EBITDA?
AmeriServ Financial's enterprise value was 6.6 times EBITDA at the end of fiscal 2025 (enterprise value $59.1 million, EBITDA $8.9 million).
What is AmeriServ Financial's return on equity?
AmeriServ Financial's return on equity (ROE) was 5.0% in fiscal 2025: net income of $5.6 million on average shareholders' equity of $113.3 million.
What is AmeriServ Financial's ROIC?
AmeriServ Financial's return on invested capital was 7.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does AmeriServ Financial have?
AmeriServ Financial had total debt of $75.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.63 and $6.3 million of net debt (0.71 times EBITDA).
What is AmeriServ Financial's dividend yield?
AmeriServ Financial's forward dividend yield is 2.64%. AmeriServ Financial paid $2.0 million in dividends in fiscal 2025 ($0.12 per share), a payout ratio of 35.3%.
What is AmeriServ Financial's free cash flow yield?
AmeriServ Financial generated $2.1 million of free cash flow in fiscal 2025, a free cash flow yield of 3.9% on its market value at year-end ($52.7 million).
What is AmeriServ Financial's current ratio?
AmeriServ Financial's current ratio was 0.06 at the end of fiscal 2025: current assets were 0.06 times current liabilities.