Is DGICA or GLRE more undervalued in 2026?

CirclFi compares Donegal Group, Inc. (DGICA) and Greenlight Reinsurance, Ltd. (GLRE) using 13 institutional-grade valuation models. DGICA has a Quality of Company score of 8.8/10 while GLRE scores 8.4/10.

Which is a better buy — DGICA or GLRE?

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 DGICA and GLRE valuations compare?

DGICA at $16.97 and GLRE at $15.67 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

DGICA vs GLRE Valuation Comparison 2026 — Intrinsic Value Analysis

DGICA

Fire, Marine & Casualty Insurance

Donegal Group, Inc.

Quality

8.8

out of 10

Value Trap

SAFE

Price

$16.97

Last close

Models

13/13

Active

GLRE

Fire, Marine & Casualty Insurance

Greenlight Reinsurance, Ltd.

Quality

8.4

out of 10

Value Trap

SAFE

Price

$15.67

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	DGICA Fair Value	DGICA Upside	GLRE Fair Value	GLRE Upside
Bayesian DCF	Intrinsic	$18.42	+8.5%	$53.46	+241.2%
Earnings Power Value	Intrinsic	$24.20	+42.6%	$27.51	+75.5%
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	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for DGICA vs GLRE — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

DGICA vs GLRE — Which Stock Is More Undervalued?

DGICA scores higher with a 8.8/10 quality rating vs GLRE's 8.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Donegal Group, Inc. (DGICA) and Greenlight Reinsurance, Ltd. (GLRE) 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.

DGICA currently trades at $16.97 with a QOC of 8.8/10, while GLRE trades at $15.67 with a QOC of 8.4/10.

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).