Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

Donegal Group Inc. (DGICA)

Company Dividend Discount ModelIndustry: Insurance - Property & CasualtySector: Financial Services

Valuation Snapshot

Stable Growth$57.72 - $152.33$88.12
Multi-Stage$59.45 - $65.17$62.26
Blended Fair Value$75.19
Current Price$19.39
Upside287.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.12%5.28%0.670.640.600.560.500.470.460.430.410.42
YoY Growth--3.69%6.78%7.35%12.51%5.49%2.77%5.65%5.23%-2.55%6.48%
Dividend Yield--3.39%4.62%3.93%4.17%3.35%3.10%3.45%2.75%2.34%2.95%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)86.15
(-) Cash Dividends Paid (M)24.86
(=) Cash Retained (M)61.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)17.2310.776.46
Cash Retained (M)61.3061.3061.30
(-) Cash Required (M)-17.23-10.77-6.46
(=) Excess Retained (M)44.0650.5354.83
(/) Shares Outstanding (M)34.1334.1334.13
(=) Excess Retained per Share1.291.481.61
LTM Dividend per Share0.730.730.73
(+) Excess Retained per Share1.291.481.61
(=) Adjusted Dividend2.022.212.34
WACC / Discount Rate6.89%6.89%6.89%
Growth Rate3.28%4.28%5.28%
Fair Value$57.72$88.12$152.33
Upside / Downside197.66%354.48%685.64%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)86.1589.8493.6897.68101.86106.22109.40
Payout Ratio28.85%41.08%53.31%65.54%77.77%90.00%92.50%
Projected Dividends (M)24.8636.9149.9464.0279.2295.59101.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.89%6.89%6.89%
Growth Rate3.28%4.28%5.28%
Year 1 PV (M)34.2034.5334.86
Year 2 PV (M)42.8843.7144.55
Year 3 PV (M)50.9352.4253.95
Year 4 PV (M)58.3960.6963.05
Year 5 PV (M)65.2968.5171.86
PV of Terminal Value (M)1,777.061,864.781,955.93
Equity Value (M)2,028.752,124.642,224.20
Shares Outstanding (M)34.1334.1334.13
Fair Value$59.45$62.26$65.17
Upside / Downside206.58%221.07%236.11%

High-Yield Dividend Screener

« Prev Page 45 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
558.SIUMS Holdings Limited3.60%$0.0588.87%
601019.SSShandong Publishing&Media Co.,Ltd3.60%$0.3141.99%
603233.SSDaShenLin Pharmaceutical Group Co., Ltd.3.60%$0.6463.21%
603658.SSAutobio Diagnostics Co., Ltd.3.60%$1.2766.33%
603661.SSHenglin Home Furnishings Co.,Ltd3.60%$1.1557.55%
6371.TTsubakimoto Chain Co.3.60%$83.2737.31%
FSMART.BKForth Smart Service Public Company Limited3.60%$0.2331.86%
KABE-B.STKABE Group AB (publ.)3.60%$8.0076.60%
SKLT.JKPT Sekar Laut Tbk3.60%$9.0042.24%
TFMAMA.BKThai President Foods Public Company Limited3.60%$6.9357.58%
002469.SZShandong Sunway Chemical Group Co., Ltd.3.59%$0.3072.05%
216050.KQIncross Co., Ltd.3.59%$241.9426.78%
2845.TWFar Eastern International Bank Ltd.3.59%$0.4654.51%
6461.TNippon Piston Ring Co., Ltd.3.59%$68.2725.12%
7751.TCanon Inc.3.59%$166.4591.69%
E4C.DEEcotel Communication Ag3.59%$0.4282.27%
LHA.DEDeutsche Lufthansa AG3.59%$0.3122.46%
NTBThe Bank of N.T. Butterfield & Son Limited3.59%$1.7833.40%
SVOA.BKSVOA Public Company Limited3.59%$0.0521.40%
TRAC-B.STAB Traction3.59%$9.0082.36%
0IX0.LGL Events S.A.3.58%$1.0420.20%
0QNG.LJungfraubahn Holding AG3.58%$10.2542.20%
3231.TNomura Real Estate Holdings, Inc.3.58%$34.6440.45%
4106.TWWellell Inc.3.58%$0.8058.20%
EIK.ICEik fasteignafélag hf.3.58%$0.5024.04%
053690.KSHanmiGlobal Co., Ltd.3.57%$642.0628.05%
286940.KSLotte Innovate Co Ltd3.57%$699.8899.32%
601158.SSChongqing Water Group Co.,Ltd.3.57%$0.1691.61%
ILC.SNInversiones La Construcción S.A.3.57%$650.4128.71%
058850.KSKtcs Corporation3.56%$100.0915.29%
1294.TWOHantech Bio-Technology Co., Ltd.3.56%$2.8166.03%
3283.TNippon Prologis REIT, Inc.3.56%$3,304.8853.00%
688121.SSShanghai Supezet Engineering Technology Corp., Ltd.3.56%$0.3973.41%
EMIRATESNBD.AEEmirates NBD Bank PJSC3.56%$1.0228.25%
FLEXO.ATFlexopack Société Anonyme Commercial and Industrial Plastics Company3.56%$0.3017.58%
006040.KSDongwon Industries Co., Ltd.3.55%$1,474.3049.91%
2715.TElematec Corporation3.55%$84.9964.74%
3700.HKInkeverse Group Limited3.55%$0.0411.74%
600958.SSOrient Securities Company Limited3.55%$0.3963.25%
7955.TCleanup Corporation3.55%$31.0045.30%
ISAT.JKPT Indosat Ooredoo Hutchison Tbk3.55%$83.7958.49%
PBSA.JKPT Paramita Bangun Sarana Tbk3.55%$55.0071.03%
004800.KSHyosung Corporation3.54%$3,986.8920.54%
6414.TWEnnoconn Corporation3.54%$10.1352.07%
WIHL.STWihlborgs Fastigheter AB (publ)3.54%$3.2044.13%
002081.SZSuzhou Gold Mantis Construction Decoration Co., Ltd.3.53%$0.1270.03%
0RHV.LInvestis Holding S.A.3.53%$5.1018.83%
2760.TTokyo Electron Device Limited3.53%$119.8646.59%
5515.TWChien Kuo Construction Co., Ltd.3.53%$1.2751.00%
600603.SSGuanghui Logistics Co.Ltd3.53%$0.2263.76%