Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Donegal Group Inc. (DGICA)

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

Valuation Snapshot

Stable Growth$55.71 - $140.95$83.94
Multi-Stage$57.42 - $62.95$60.13
Blended Fair Value$72.03
Current Price$19.39
Upside271.50%
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 Rate7.02%7.02%7.02%
Growth Rate3.28%4.28%5.28%
Fair Value$55.71$83.94$140.95
Upside / Downside187.30%332.89%626.93%

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 Rate7.02%7.02%7.02%
Growth Rate3.28%4.28%5.28%
Year 1 PV (M)34.1634.4934.82
Year 2 PV (M)42.7743.6144.45
Year 3 PV (M)50.7452.2353.75
Year 4 PV (M)58.1160.3962.74
Year 5 PV (M)64.8968.0971.42
PV of Terminal Value (M)1,709.001,793.361,881.01
Equity Value (M)1,959.672,052.172,148.19
Shares Outstanding (M)34.1334.1334.13
Fair Value$57.42$60.13$62.95
Upside / Downside196.14%210.12%224.63%

High-Yield Dividend Screener

« Prev Page 98 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
004960.KSHANSHIN Engineering & Construction Co., Ltd.0.99%$100.058.61%
0142.HKFirst Pacific Company Limited0.99%$0.0621.99%
053580.KQWebCash Corporation0.99%$100.0312.70%
603786.SSKEBODA TECHNOLOGY Co., Ltd.0.99%$0.7738.42%
688768.SSAnhui Ronds Science & Technology Incorporated Company0.99%$0.4328.76%
AVAX.ATAvax S.A.0.99%$0.037.13%
BERNER-B.STBerner Industrier AB0.99%$0.9430.06%
EGEEN.ISEge Endüstri ve Ticaret A.S.0.99%$79.8687.03%
EHL.AXEmeco Holdings Limited0.99%$0.015.08%
GOR.AXGold Road Resources Limited0.99%$0.0312.12%
MMXMaverix Metals Inc.0.99%$0.0559.73%
002396.SZFujian Star-net Communication Co., Ltd.0.98%$0.3035.77%
002925.SZXiamen Intretech Inc.0.98%$0.1743.09%
0QQO.LSiegfried Holding AG0.98%$0.7311.31%
1887.TJDC Corporation0.98%$5.2731.58%
300217.SZZhenjiang Dongfang Electric Heating Technology Co.,Ltd0.98%$0.0539.47%
301186.SZNantong Chaoda Equipment Co.,Ltd.0.98%$0.4732.02%
3939.HKWanguo Gold Group Limited0.98%$0.0824.54%
600754.SSShanghai Jin Jiang International Hotels Co., Ltd.0.98%$0.2547.67%
603040.SSHangzhou XZB Tech Co.,Ltd0.98%$0.9047.18%
6325.TTakakita Co., Ltd.0.98%$3.939.53%
6533.TOrchestra Holdings Inc.0.98%$10.9757.68%
688379.SSHangzhou Huaguang Advanced Welding Materials Co., Ltd.0.98%$0.5429.37%
ASBI.JKPT Asuransi Bintang Tbk0.98%$4.146.24%
HRTA.JKPT Hartadinata Abadi Tbk0.98%$21.0013.51%
000880.KSHanwha Corporation0.97%$784.545.80%
002075.SZJiangsu Shagang Co., Ltd.0.97%$0.0642.29%
002802.SZWuxi Honghui New Materials Technology Co., Ltd.0.97%$0.1246.80%
003036.SZZhejiang Taitan Co.,Ltd.0.97%$0.1564.74%
300660.SZJiangsu Leili Motor Co., Ltd0.97%$0.5353.08%
300679.SZElectric Connector Technology Co., Ltd.0.97%$0.4737.04%
5842.TIntegral Corporation0.97%$32.3610.57%
605277.SSXinya Electronic Co., Ltd.0.97%$0.2132.11%
688357.SSLuoyang Jianlong Micro-nano New Material Co., Ltd0.97%$0.3240.56%
688789.SSHangzhou Honghua Digital Technology Stock Company Ltd.0.97%$0.7928.66%
BACHOCOB.MXIndustrias Bachoco, S.A.B. de C.V.0.97%$0.8212.87%
0QLJ.LVillars Holding S.A.0.96%$5.4812.43%
1610.HKCOFCO Joycome Foods Limited0.96%$0.025.81%
2155.HKMorimatsu International Holdings Company Limited0.96%$0.097.40%
300033.SZHithink RoyalFlush Information Network Co., Ltd.0.96%$3.1070.07%
300817.SZZhejiang Sf Oilless Bearing Co.,Ltd.0.96%$0.2069.08%
3267.TPhil Company,Inc.0.96%$10.0316.38%
3324.TWOAuras Technology Co., Ltd.0.96%$9.5842.78%
5601.TWOTaiwan Allied Container Terminal Corp.0.96%$0.3588.75%
601028.SSShandong Yulong Gold Co., Ltd.0.96%$0.1225.84%
603031.SSAnhui Anfu Battery Technology Co., Ltd.0.96%$0.4350.13%
605011.SSHangzhou Cogeneration Group Co., Ltd.0.96%$0.2041.95%
6215.TWAurotek Corporation0.96%$0.9957.18%
6532.TBayCurrent Consulting, Inc.0.96%$62.1326.99%
6781.TWAdvanced Energy Solution Holding Co., Ltd.0.96%$12.4933.60%