Is L or NODK more undervalued in 2026?

CirclFi compares Loews Corporation (L) and NI Holdings, Inc. (NODK) using 13 institutional-grade valuation models. L has a Quality of Company score of 8.2/10 while NODK scores 7.0/10.

Which is a better buy — L or NODK?

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 L and NODK valuations compare?

L at $104.82 and NODK at $14.06 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

L vs NODK Valuation Comparison 2026 — Intrinsic Value Analysis

L

Insurance - Property & Casualty

Loews Corporation

Quality

8.2

out of 10

Value Trap

SAFE

Price

$104.82

Last close

Models

12/13

Active

NODK

Insurance - Property & Casualty

NI Holdings, Inc.

Quality

7.0

out of 10

Value Trap

—

Price

$14.06

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	L Fair Value	L Upside	NODK Fair Value	NODK Upside
Bayesian DCF	Intrinsic	$311.23	+196.9%	$1.87	-86.7%
Earnings Power Value	Intrinsic	$30.21	-71.2%	$4.37	-68.9%
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 L vs NODK — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

L vs NODK — Which Stock Is More Undervalued?

L scores higher with a 8.2/10 quality rating vs NODK's 7.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Loews Corporation (L) and NI Holdings, Inc. (NODK) 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.

L currently trades at $104.82 with a QOC of 8.2/10, while NODK trades at $14.06 with a QOC of 7.0/10.

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).