Is CNA or DGICB more undervalued in 2026?

CirclFi compares CNA Financial Corporation (CNA) and Donegal Group, Inc. (DGICB) using 13 institutional-grade valuation models. CNA has a Quality of Company score of 8.2/10 while DGICB scores 8.8/10.

Which is a better buy — CNA or DGICB?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do CNA and DGICB valuations compare?

CNA at $42.35 and DGICB at $19.15 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CNA vs DGICB Valuation Comparison 2026 — Intrinsic Value Analysis

CNA

Insurance - Property & Casualty

CNA Financial Corporation

Quality

8.2

out of 10

Value Trap

SAFE

Price

$42.35

Last close

Models

11/13

Active

DGICB

Insurance - Property & Casualty

Donegal Group, Inc.

Quality

8.8

out of 10

Value Trap

SAFE

Price

$19.15

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	CNA Fair Value	CNA Upside	DGICB Fair Value	DGICB Upside
Bayesian DCF	Intrinsic	$202.93	+379.2%	$18.42	-3.8%
Earnings Power Value	Intrinsic	$28.35	-33.0%	$21.29	+11.2%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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CNA vs DGICB — Which Stock Is More Undervalued?

DGICB scores higher with a 8.8/10 quality rating vs CNA's 8.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing CNA Financial Corporation (CNA) and Donegal Group, Inc. (DGICB) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

CNA currently trades at $42.35 with a QOC of 8.2/10, while DGICB trades at $19.15 with a QOC of 8.8/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).