Is KMPR or PGR more undervalued in 2026?

CirclFi compares Kemper Corporation (KMPR) and Progressive Corporation (The) (PGR) using 13 institutional-grade valuation models. KMPR has a Quality of Company score of 6.5/10 while PGR scores 9.6/10.

Which is a better buy — KMPR or PGR?

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 KMPR and PGR valuations compare?

KMPR at $25.44 and PGR at $194.51 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

KMPR vs PGR Valuation Comparison 2026 — Intrinsic Value Analysis

KMPR

Fire, Marine & Casualty Insurance

Kemper Corporation

Quality

6.5

out of 10

Value Trap

SAFE

Price

$25.44

Last close

Models

10/13

Active

PGR

Fire, Marine & Casualty Insurance

Progressive Corporation (The)

Quality

9.6

out of 10

Value Trap

SAFE

Price

$194.51

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	KMPR Fair Value	KMPR Upside	PGR Fair Value	PGR Upside
Bayesian DCF	Intrinsic	$78.85	+209.9%	$192.41	-1.1%
Earnings Power Value	Intrinsic	$17.38	-31.7%	$171.53	-11.8%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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KMPR vs PGR — Which Stock Is More Undervalued?

PGR scores higher with a 9.6/10 quality rating vs KMPR's 6.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Kemper Corporation (KMPR) and Progressive Corporation (The) (PGR) 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.

KMPR currently trades at $25.44 with a QOC of 6.5/10, while PGR trades at $194.51 with a QOC of 9.6/10.

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).