United Fire Group, Inc. Financial Ratios — UFCS Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	5.64	10.07	7.39	10.51	5.48	5.33	2.97	1.65	-12.99	9.46	1.86	-4.03	8.18	13.72
Return on Assets (%)	- -	1.1	2.05	1.56	2.3	1.26	1.24	0.79	0.51	-3.71	2.65	0.51	-0.99	1.87	3.23
Return on Capital (%)	- -	5.41	10.07	7.39	10.51	5.48	- -	- -	1.65	- -	9.23	- -	- -	8.06	12.81
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	-1.8	5.68	11.71	8.13	12.86	5.83	1.48	-0.85	1.41	-15.72	9.17	1.22	-3.62	6.15	10.66
Profit Margin (%)	- -	4.96	8.75	6.29	9.94	5.06	4.83	2.56	1.23	-10.45	7.63	1.52	-2.7	4.95	8.52
Net Income to Common Margin (%)	- -	4.96	8.75	6.29	9.94	5.06	4.83	2.56	1.23	-10.45	7.63	1.52	-2.7	4.95	8.52
Effective Tax Rate (%)	- -	12.72	25.28	22.66	26.05	14.57	- -	- -	12.2	- -	16.78	- -	- -	19.57	20.11
Dvd Payout Ratio (%)	140,972.73	37.97	22.96	33.28	25.38	50.07	60.92	4,674.41	220.39	-25.31	18.69	105.52	-54.42	26.17	13.8
Sustainable Growth Rate (%)	-2.19	3.5	7.76	4.93	7.84	2.74	2.08	-135.87	-1.98	-16.27	7.69	-0.1	-6.22	6.04	11.83

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	61	- -	- -	- -	- -	- -	- -	- -	- -	50	50	50	50	117	146
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	61	- -	- -	- -	- -	- -	- -	- -	- -	50	50	50	50	117	146
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	-0.33	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4.39	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	43	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	3	3	7	11
Common Equity/Total Assets	19.24	19.74	21.04	21.19	22.59	23.23	23.27	31.54	30.21	26.88	29.18	25.68	23.34	22.4	24.5
Long-Term Debt/Equity (%)	8.71	- -	- -	- -	- -	- -	- -	- -	- -	6.06	5.69	6.76	6.81	14.98	15.53
Long-Term Debt/Capital (%)	8.01	- -	- -	- -	- -	- -	- -	- -	- -	5.71	5.38	6.33	6.38	13.03	13.45
Long-Term Debt/Total Assets (%)	1.68	- -	- -	- -	- -	- -	- -	- -	- -	1.63	1.66	1.73	1.59	3.36	3.81
Total Debt/Equity (%)	8.71	- -	- -	- -	- -	- -	- -	- -	- -	6.06	5.69	6.76	6.81	14.98	15.53
Total Debt/Capital (%)	8.01	- -	- -	- -	- -	- -	- -	- -	- -	5.71	5.38	6.33	6.38	13.03	13.45
Total Debt/Total Assets (%)	1.68	- -	- -	- -	- -	- -	- -	- -	- -	1.63	1.66	1.73	1.59	3.36	3.81
Net Debt to Equity	-12.05	-14.74	-11.78	-11.08	-12.11	-9.47	-9.82	-7.26	-13.26	-4.6	-9.34	-6.3	-7.09	-10.73	-1.08
Net Debt/Capital (%)	-13.7	-17.29	-13.35	-12.46	-13.78	-10.46	-10.89	-7.82	-15.29	-4.82	-10.3	-6.73	-7.63	-12.02	-1.09
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	-14	-3	-8	-8	-10	-8	-17	-33	-32	-19	-14	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	19.24	19.74	21.04	21.19	22.59	23.23	23.27	31.54	30.21	26.88	29.18	25.68	23.34	22.4	24.5
Long-Term Debt/Equity (%)	8.71	- -	- -	- -	- -	- -	- -	- -	- -	6.06	5.69	6.76	6.81	14.98	15.53
Long-Term Debt/Capital (%)	8.01	- -	- -	- -	- -	- -	- -	- -	- -	5.71	5.38	6.33	6.38	13.03	13.45
Long-Term Debt/Total Assets (%)	1.68	- -	- -	- -	- -	- -	- -	- -	- -	1.63	1.66	1.73	1.59	3.36	3.81
Total Debt/Equity (%)	8.71	- -	- -	- -	- -	- -	- -	- -	- -	6.06	5.69	6.76	6.81	14.98	15.53
Total Debt/Capital (%)	8.01	- -	- -	- -	- -	- -	- -	- -	- -	5.71	5.38	6.33	6.38	13.03	13.45
Total Debt/Total Assets (%)	1.68	- -	- -	- -	- -	- -	- -	- -	- -	1.63	1.66	1.73	1.59	3.36	3.81
CFO/Total Liabilities	2.55	5.8	5.5	4.98	6.31	6.89	5.3	5.71	4.46	1.85	1.4	-0.06	7.12	12.57	9.3
CFO/CapEx	5.3	59.62	19.11	18.56	19.6	28.21	9.91	3.33	2.89	2.2	2.14	- -	- -	- -	- -
Altman's Z-Score	0.46	0.5	0.57	0.58	0.64	0.7	0.67	1.18	1.04	0.77	0.8	0.84	0.73	0.77	0.82

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	3.32	2.69	2.86	2.93	2.62	2.74	2.78	2.7	2.86	2.38	2.29	2.01	1.79	1.83	1.96
Days Sales Outstanding	110.09	135.88	127.7	124.63	139.55	133.05	131.51	135.13	127.47	153.65	159.34	181.22	203.5	199.68	186.47
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	515	551	727	744	964	1,250	1,136	1,392	1,094	629	582	690	508	722	928
- Cash & Cash Equivalents	145	107	92	91	106	89	96	64	121	88	132	97	102	201	156
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	61	- -	- -	- -	- -	- -	- -	- -	- -	50	50	50	50	117	146
Enterprise Value	430	443	634	653	857	1,161	1,040	1,327	973	591	499	643	-1,230	-1,230	-200
Total Capital	757	729	783	817	879	942	973	888	910	875	929	790	784	899	1,087
Total Debt/Capital (%)	8.01	- -	- -	- -	- -	- -	- -	- -	- -	5.71	5.38	6.33	6.38	13.03	13.45
Total Debt / EV	0.14	- -	- -	- -	- -	- -	- -	- -	- -	0.08	0.1	0.08	-0.04	-0.1	-0.73
EV/Sales	0.61	0.55	0.73	0.69	0.96	1.18	0.99	1.23	0.81	0.55	0.47	0.65	0.4	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	5.78	2.57	3.92	4.32	4.51	5.42	6.11	12.05	10.38	14.26	15.33	236.62	2.54	- -	- -
EV/Free Cash Flow to Firm	4.86	2.53	3.73	4.1	4.29	5.23	5.55	9.27	7.71	9.8	10.73	236.62	2.54	- -	- -
Diluted Market Cap	522	557	732	758	967	1,269	1,169	1,421	1,119	629	592	697	508	738	959
Diluted Enterprise Value	438	450	640	667	860	1,180	1,073	1,356	998	591	510	650	456	654	949
EV per Share	16.85	17.55	24.99	26.1	34.07	45.66	41.74	52.87	38.9	23.58	19.91	25.5	17.52	- -	- -
TTM Sales	705	811	870	940	897	986	1,056	1,080	1,200	1,078	1,056	988	1,098	1,252	1,388
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	74	172	161	151	190	214	170	110	94	41	33	3	174	346	279
TTM Free Cash Flow to Firm	88	175	170	159	200	222	187	143	126	60	47	3	174	346	279

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	5.9	3.18	4.31	4.75	4.84	5.72	6.24	9.92	8.87	10.43	13.48	-557.18	2.96	2.17	3.56
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	430	443	634	653	857	1,161	1,040	1,327	973	591	499	643	-1,230	-1,230	-200
Low Price	14.79	15.9	22.11	24.15	27.57	35.16	38.98	38.95	40.86	18.83	19.85	22.96	18.41	18.04	24.11
EV/Sales	0.61	0.55	0.73	0.69	0.96	1.18	0.99	1.23	0.81	0.55	0.47	0.65	0.4	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	46,790.72	13.7	9.55	12.58	10.81	25.06	22.26	50.33	73.82	- -	7.22	45.89	- -	11.65	7.85
Price/Earnings Average	43,715.91	13.12	9.22	12.16	9.41	21.53	21.78	45.84	79.25	-6.46	8.55	49.4	-20.05	9.24	6.42
Price/Earnings High	54,001.78	16.52	11.39	13.83	11.47	25.86	24.38	55.88	94.88	-10.56	11.33	62.49	-27.69	12.98	8.19
Price/Earnings Low	34,293.1	9.98	7.36	10.22	7.78	17.92	19.04	35.35	68.97	-4.19	6.18	38.51	-15.66	7.39	5.21
Price/Book Value	0.74	0.76	0.93	0.91	1.1	1.33	1.17	1.57	1.2	0.76	0.66	0.93	0.69	0.92	0.99
Price/Book Value Average	0.69	0.72	0.9	0.88	0.95	1.14	1.14	1.43	1.29	0.88	0.78	1	0.81	0.73	0.81
Price/Book Value High	0.85	0.91	1.11	1	1.16	1.37	1.28	1.74	1.54	1.44	1.04	1.27	1.12	1.03	1.03
Price/Book Value Low	0.54	0.55	0.72	0.74	0.79	0.95	1	1.1	1.12	0.57	0.57	0.78	0.63	0.59	0.65
Price/Tangible Book Value	0.77	0.79	0.96	0.94	1.13	1.36	1.2	1.61	1.23	0.77	0.67	0.94	0.7	0.93	0.99
Price/Tangible Book Value Average	0.72	0.75	0.93	0.91	0.98	1.17	1.17	1.47	1.32	0.89	0.79	1.01	0.82	0.74	0.81
Price/Tangible Book Value High	0.89	0.95	1.15	1.03	1.2	1.41	1.31	1.79	1.58	1.45	1.05	1.28	1.13	1.03	1.03
Price/Tangible Book Value Low	0.57	0.57	0.74	0.76	0.81	0.97	1.02	1.13	1.15	0.58	0.57	0.79	0.64	0.59	0.66
Price/Sales	0.73	0.68	0.84	0.79	1.07	1.27	1.08	1.29	0.91	0.58	0.55	0.7	0.46	0.58	0.67
Price/Sales Average	0.68	0.65	0.81	0.77	0.94	1.09	1.05	1.17	0.98	0.68	0.65	0.75	0.54	0.46	0.55
Price/Sales High	0.84	0.82	1	0.87	1.14	1.31	1.18	1.43	1.17	1.1	0.86	0.95	0.75	0.64	0.7
Price/Sales Low	0.53	0.49	0.64	0.64	0.77	0.91	0.92	0.9	0.85	0.44	0.47	0.59	0.42	0.37	0.44
Price/Cash Flow	6.92	3.2	4.5	4.92	5.07	5.83	6.68	12.64	11.67	15.18	19.44	-551.37	2.96	2.12	3.44
Price/Cash Flow Average	6.46	3.07	4.35	4.75	4.41	5.01	6.53	11.51	12.53	17.57	23.03	-593.55	3.47	1.68	2.81
Price/Cash Flow High	7.98	3.86	5.37	5.41	5.38	6.02	7.31	14.03	15	28.74	30.52	-750.88	4.79	2.36	3.59
Price/Cash Flow Low	5.07	2.33	3.47	3.99	3.65	4.17	5.71	8.88	10.9	11.39	16.64	-462.7	2.71	1.35	2.28
Price/Free Cash Flow Average	5.51	3.05	4.16	4.6	4.21	4.91	6.11	9.04	9.52	12.08	15.97	-599.81	3.47	1.72	2.91
Price/Free Cash Flow High	6.81	3.84	5.14	5.23	5.14	5.9	6.84	11.02	11.4	19.75	21.16	-758.79	4.79	2.41	3.71
Price/Free Cash Flow Low	4.33	2.32	3.32	3.86	3.48	4.09	5.34	6.97	8.28	7.82	11.54	-467.57	2.71	1.37	2.36
EV/Sales Average	0.56	0.52	0.7	0.67	0.82	1	0.96	1.11	0.88	0.64	0.57	0.7	0.49	0.39	0.54
EV/Sales High	0.72	0.69	0.89	0.77	1.02	1.22	1.09	1.37	1.07	1.07	0.79	0.9	0.7	0.58	0.69
EV/Sales Low	0.42	0.36	0.54	0.55	0.65	0.82	0.83	0.85	0.75	0.4	0.39	0.54	0.38	0.3	0.44
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	20.18	21.84	28.66	29.73	38.31	49.17	45.58	55.45	43.73	25.1	23.19	27.36	20.12	28.45	36.35
High Price	23.29	26.33	34.21	32.7	40.64	50.75	49.93	61.56	56.21	47.52	36.4	37.26	32.54	31.7	37.91
Enterprise Value Average	397	420	610	629	732	985	1,016	1,203	1,054	690	607	696	543	489	748
Enterprise Value High	510	557	775	728	916	1,201	1,149	1,481	1,285	1,153	831	893	770	721	957
Enterprise Value Low	293	294	469	514	587	805	876	913	901	434	416	532	413	374	605

Shares Outstanding	26	25	25	25	25	25	25	25	25	25	25	25	25	25	26
Diluted Weighted Avg Shares	26	26	26	25	25	26	26	26	26	25	26	25	25	26	26
Basic Weighted Avg Shares	26	25	25	25	25	25	25	25	25	25	25	25	25	25	26
Revenue per Share	27.65	32.13	34.31	37.57	35.66	38.78	42.36	43.04	47.97	43.03	42.12	39.2	43.46	49.33	54.38
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	1.59	3	2.36	3.54	1.96	2.05	1.1	0.59	-4.5	3.21	0.6	-1.18	2.44	4.63
Basic EPS from Cont Ops	- -	1.59	3	2.36	3.39	1.93	1.8	0.09	0.59	-4.5	3.21	0.6	-1.18	2.44	4.63
Diluted EPS, GAAP	- -	1.58	2.98	2.32	3.53	1.93	1.99	1.08	0.58	-4.5	3.16	0.59	-1.18	2.39	4.48
Diluted EPS from Cont Ops	- -	1.58	2.98	2.32	3.38	1.9	1.75	0.09	0.58	-4.5	3.16	0.59	-1.18	2.39	4.48
Dividend per Share	0.61	0.61	0.69	0.79	0.86	0.97	1.1	4.2	1.31	1.14	0.6	0.63	0.64	0.64	0.64
Cash Flow per Share	2.92	6.82	6.37	6.05	7.55	8.43	6.83	4.39	3.75	1.65	1.19	-0.05	6.8	13.41	10.57
Free Cash Flow per Basic Share	2.37	6.71	6.03	5.72	7.17	8.13	6.14	3.07	2.45	0.9	0.64	-0.05	6.8	13.41	10.57
Cash & Equivalents per Share	5.71	4.29	3.67	3.63	4.24	3.51	3.84	2.58	4.83	3.52	5.28	3.84	70.78	81.54	49.93
Book Value per Share	27.29	28.9	30.87	32.67	34.94	37.04	39.06	35.4	36.4	32.93	35.05	29.36	29.04	30.8	36.88
Tangible Book Value per Share	26.09	27.78	29.8	31.62	33.93	36.07	38.1	34.47	35.49	32.66	34.81	29.15	28.85	30.64	36.75

United Fire Group, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)