Is RZC or VOYA more undervalued in 2026?

CirclFi compares Reinsurance Group of America, I (RZC) and Voya Financial, Inc. (VOYA) using 13 institutional-grade valuation models. RZC has a Quality of Company score of 8.1/10 while VOYA scores 7.4/10.

Which is a better buy — RZC or VOYA?

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 RZC and VOYA valuations compare?

RZC at $25.37 and VOYA at $81.22 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

RZC vs VOYA Valuation Comparison 2026 — Intrinsic Value Analysis

RZC

Life Insurance

Reinsurance Group of America, I

Quality

8.1

out of 10

Value Trap

SAFE

Price

$25.37

Last close

Models

2/13

Active

VOYA

Life Insurance

Voya Financial, Inc.

Quality

7.4

out of 10

Value Trap

SAFE

Price

$81.22

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	RZC Fair Value	RZC Upside	VOYA Fair Value	VOYA Upside
Bayesian DCF	Intrinsic	—	—	$130.03	+60.1%
Earnings Power Value	Intrinsic	—	—	$57.81	-28.8%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$70.91	+179.5%	$201.21	+147.7%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$132.41	+421.9%	$77.85	-4.1%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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RZC vs VOYA — Which Stock Is More Undervalued?

RZC scores higher with a 8.1/10 quality rating vs VOYA's 7.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Reinsurance Group of America, I (RZC) and Voya Financial, Inc. (VOYA) 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.

RZC currently trades at $25.37 with a QOC of 8.1/10, while VOYA trades at $81.22 with a QOC of 7.4/10.

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).