American Financial Group, Inc.

American Financial Group, Inc.

AFGยทNYSE

$128.87

+0.47%
Financial ServicesInsurance - Property & Casualty

American Financial Group, Inc., an insurance holding company, provides specialty property and casualty insurance products in the United States. It offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers' compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, fidelity and surety products, and trade credit insurance. The company sells its property and casualty insurance products through independent insurance agents and brokers. American Financial Group, Inc. was founded in 1872 and is headquartered in Cincinnati, Ohio.

At a Glance

Live Snapshot
Market Cap$10.71B
EPS10.0500
P/E Ratio12.82
Earnings Date08/04/2026
American Financial Group, Inc.

American Financial Group, Inc. Fair Value Envelope

AFG ยท NYSE

Our analysis suggests that AFG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $128.87, this represents a potential HIDDEN relative to our calculated worth for American Financial Group, Inc..

Intrinsic Value
Current Price: $128.87

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$112.4B
+ Cash & Equivalents$1.7B
Firm Value$114.1B
- Debt$1.8B
Equity Value$112.3B
/ Shares Outstanding83,402,006B
DCF Value$1.3K
UNDERVALUED BY 945%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.9B
$2.3B
$2.7B
$3.3B
$4.0B
$4.9B
$5.9B
$7.2B
$8.8B
$10.6B
Maintenance CapEx
-$32.8M
-$39.8M
-$48.3M
-$58.6M
-$71.1M
-$86.2M
-$104.7M
-$127.0M
-$154.1M
-$187.0M
Owner Earnings
$1.8B
$2.2B
$2.7B
$3.3B
$4.0B
$4.8B
$5.8B
$7.1B
$8.6B
$10.4B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.7B
$1.9B
$2.1B
$2.4B
$2.7B
$3.0B
$3.4B
$3.8B
$4.3B
$4.8B
Terminal Value represents 73.1% of Enterprise Value