20.55 USD
+0.19 (+0.93%)
20.55 USD
0 (0%)
DGICA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 147 industry peers in the Insurance industry. While DGICA is still in line with the averages on profitability rating, there are concerns on its financial health. DGICA has a decent growth rate and is not valued too expensively. Finally DGICA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
DGICA had positive earnings in the past year.
DGICA had a positive operating cash flow in the past year.
Of the past 5 years DGICA 4 years were profitable.
Each year in the past 5 years DGICA had a positive operating cash flow.
1.2 Ratios
The Return On Assets of DGICA (3.56%) is better than 70.07% of its industry peers.
Looking at the Return On Equity, with a value of 13.73%, DGICA is in the better half of the industry, outperforming 63.95% of the companies in the same industry.
DGICA has a Return On Invested Capital of 3.77%. This is in the better half of the industry: DGICA outperforms 63.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.56% | ||
| ROE | 13.73% | ||
| ROIC | 3.77% |
ROA(3y)0.76%
ROA(5y)1.17%
ROE(3y)3.28%
ROE(5y)4.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
DGICA has a Profit Margin (8.72%) which is in line with its industry peers.
DGICA's Profit Margin has declined in the last couple of years.
DGICA has a Operating Margin (10.89%) which is in line with its industry peers.
DGICA's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.89% | ||
| PM (TTM) | 8.72% | ||
| GM | N/A |
OM growth 3Y18.73%
OM growth 5Y-2.32%
PM growth 3Y18.37%
PM growth 5Y-2.43%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), DGICA is destroying value.
DGICA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for DGICA has been increased compared to 5 years ago.
DGICA has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of DGICA is 0.40, which is an excellent value as it means it would take DGICA, only 0.40 years of fcf income to pay off all of its debts.
DGICA's Debt to FCF ratio of 0.40 is amongst the best of the industry. DGICA outperforms 87.07% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that DGICA is not too dependend on debt financing.
DGICA has a Debt to Equity ratio of 0.06. This is in the better half of the industry: DGICA outperforms 79.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | N/A |
ROIC/WACC0.44
WACC8.54%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 300.00% over the past year.
DGICA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.60% yearly.
The Revenue has been growing slightly by 0.89% in the past year.
Measured over the past years, DGICA shows a small growth in Revenue. The Revenue has been growing by 4.03% on average per year.
EPS 1Y (TTM)300%
EPS 3Y27.54%
EPS 5Y6.6%
EPS Q2Q%13.04%
Revenue 1Y (TTM)0.89%
Revenue growth 3Y6.62%
Revenue growth 5Y4.03%
Sales Q2Q%-2.31%
3.2 Future
DGICA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.42% yearly.
DGICA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.86% yearly.
EPS Next Y53.76%
EPS Next 2Y20.97%
EPS Next 3Y15.42%
EPS Next 5YN/A
Revenue Next Year-0.78%
Revenue Next 2Y1.31%
Revenue Next 3Y2.86%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.71, the valuation of DGICA can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of DGICA indicates a somewhat cheap valuation: DGICA is cheaper than 71.43% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of DGICA to the average of the S&P500 Index (26.55), we can say DGICA is valued rather cheaply.
With a Price/Forward Earnings ratio of 10.10, the valuation of DGICA can be described as very reasonable.
The rest of the industry has a similar Price/Forward Earnings ratio as DGICA.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, DGICA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.71 | ||
| Fwd PE | 10.1 |
4.2 Price Multiples
67.35% of the companies in the same industry are more expensive than DGICA, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DGICA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.51 | ||
| EV/EBITDA | 6.67 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DGICA's earnings are expected to grow with 15.42% in the coming years.
PEG (NY)0.16
PEG (5Y)1.32
EPS Next 2Y20.97%
EPS Next 3Y15.42%
5. Dividend
5.1 Amount
DGICA has a Yearly Dividend Yield of 3.61%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.64, DGICA pays a bit more dividend than its industry peers.
DGICA's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
5.2 History
The dividend of DGICA has a limited annual growth rate of 3.21%.
DGICA has been paying a dividend for at least 10 years, so it has a reliable track record.
DGICA has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.21%
Div Incr Years23
Div Non Decr Years23
5.3 Sustainability
28.85% of the earnings are spent on dividend by DGICA. This is a low number and sustainable payout ratio.
The dividend of DGICA is growing, but earnings are growing more, so the dividend growth is sustainable.
DP28.85%
EPS Next 2Y20.97%
EPS Next 3Y15.42%
20.55
+0.19 (+0.93%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners87.3%
Inst Owner Change2.27%
Ins Owners2.14%
Ins Owner Change10.16%
Market Cap752.95M
Revenue(TTM)987.83M
Net Income(TTM)86.15M
Analysts84
Price Target21.42 (4.23%)
Short Float %1.47%
Short Ratio3.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
Yearly Dividend0.66
Dividend Growth(5Y)3.21%
DP28.85%
Div Incr Years23
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.56%
Min EPS beat(2)-1.01%
Max EPS beat(2)6.14%
EPS beat(4)3
Avg EPS beat(4)53.99%
Min EPS beat(4)-1.01%
Max EPS beat(4)118.44%
EPS beat(8)5
Avg EPS beat(8)49.18%
EPS beat(12)5
Avg EPS beat(12)7.31%
EPS beat(16)6
Avg EPS beat(16)-13.82%
Revenue beat(2)0
Avg Revenue beat(2)-2.58%
Min Revenue beat(2)-2.93%
Max Revenue beat(2)-2.22%
Revenue beat(4)0
Avg Revenue beat(4)-3.22%
Min Revenue beat(4)-4.54%
Max Revenue beat(4)-2.22%
Revenue beat(8)0
Avg Revenue beat(8)-2.13%
Revenue beat(12)1
Avg Revenue beat(12)-1.91%
Revenue beat(16)1
Avg Revenue beat(16)-2.46%
PT rev (1m)0%
PT rev (3m)2.44%
EPS NQ rev (1m)-10.31%
EPS NQ rev (3m)-10.31%
EPS NY rev (1m)-3.49%
EPS NY rev (3m)12.16%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-0.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.71 | ||
| Fwd PE | 10.1 | ||
| P/S | 0.76 | ||
| P/FCF | 8.51 | ||
| P/OCF | 8.51 | ||
| P/B | 1.2 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 6.67 |
EPS(TTM)2.36
EY11.48%
EPS(NY)2.03
Fwd EY9.9%
FCF(TTM)2.41
FCFY11.75%
OCF(TTM)2.41
OCFY11.75%
SpS26.96
BVpS17.12
TBVpS16.94
PEG (NY)0.16
PEG (5Y)1.32
Graham Number30.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.56% | ||
| ROE | 13.73% | ||
| ROCE | 4.46% | ||
| ROIC | 3.77% | ||
| ROICexc | 3.83% | ||
| ROICexgc | 5.13% | ||
| OM | 10.89% | ||
| PM (TTM) | 8.72% | ||
| GM | N/A | ||
| FCFM | 8.95% |
ROA(3y)0.76%
ROA(5y)1.17%
ROE(3y)3.28%
ROE(5y)4.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y23.46%
ROICexgc growth 5Y-3.14%
ROICexc growth 3Y24.98%
ROICexc growth 5Y-2.69%
OM growth 3Y18.73%
OM growth 5Y-2.32%
PM growth 3Y18.37%
PM growth 5Y-2.43%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.4 | ||
| Debt/EBITDA | 0.31 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 79.65 | ||
| Cash Conversion | 79.51% | ||
| Profit Quality | 102.65% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC8.54%
ROIC/WACC0.44
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)300%
EPS 3Y27.54%
EPS 5Y6.6%
EPS Q2Q%13.04%
EPS Next Y53.76%
EPS Next 2Y20.97%
EPS Next 3Y15.42%
EPS Next 5YN/A
Revenue 1Y (TTM)0.89%
Revenue growth 3Y6.62%
Revenue growth 5Y4.03%
Sales Q2Q%-2.31%
Revenue Next Year-0.78%
Revenue Next 2Y1.31%
Revenue Next 3Y2.86%
Revenue Next 5YN/A
EBIT growth 1Y246.78%
EBIT growth 3Y26.58%
EBIT growth 5Y1.62%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y104.71%
FCF growth 3Y-4.2%
FCF growth 5Y-2.44%
OCF growth 1Y104.71%
OCF growth 3Y-4.2%
OCF growth 5Y-2.46%
DONEGAL GROUP INC-CL A / DGICA FAQ
What is the ChartMill fundamental rating of DONEGAL GROUP INC-CL A (DGICA) stock?
ChartMill assigns a fundamental rating of 5 / 10 to DGICA.
What is the valuation status of DONEGAL GROUP INC-CL A (DGICA) stock?
ChartMill assigns a valuation rating of 6 / 10 to DONEGAL GROUP INC-CL A (DGICA). This can be considered as Fairly Valued.
What is the profitability of DGICA stock?
DONEGAL GROUP INC-CL A (DGICA) has a profitability rating of 4 / 10.
What are the PE and PB ratios of DONEGAL GROUP INC-CL A (DGICA) stock?
The Price/Earnings (PE) ratio for DONEGAL GROUP INC-CL A (DGICA) is 8.71 and the Price/Book (PB) ratio is 1.2.
How financially healthy is DONEGAL GROUP INC-CL A?
The financial health rating of DONEGAL GROUP INC-CL A (DGICA) is 3 / 10.