$AFG ๐
A specialty P&C insurer with net debt of just 0.3x EBITDA, a 91.5% combined ratio, and +15.8% YTD. Quiet compounder, not the day's hype name.
- American Financial Group, specialty property-and-casualty insurance through Great American
- $153.10, Oct 29 close (up 1.9% on the day, just below its $154.99 52-week high)
- YTD total +15.8% (price +12.0% on a $136.68 baseline + $5.11 in dividends, including a February special)
- Net debt ~0.3x EBITDA on cash-only math ($1,438M cash vs $1,821M long-term debt), at 13.1x earnings
- Reports Nov 3 at market close.