Professional
Added to YB: 2025-05-01
Pitch date: 2025-04-30
FACO [neutral]
First Acceptance Corporation
-1.58%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States.
Market Cap
$137.2M
Pitch Price
$3.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
7.76
EV/Sales
N/A
Sector
Insurance
Category
growth
OTC Markets Oddities - First Acceptance Corporation
FACO (quick overview): Non-standard auto insurer thriving despite industry cost pressures; doubled premiums since 2021 while maintaining sub-100 combined ratio. Experienced leadership team with strong underwriting in high-risk driver segment. Conservative investment portfolio of treasuries, corporate bonds, and agency debt.
Read full article (1 min)