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Donegal GroupDGICA +2.33%66 Debt-to-EBITDA is 0.57 as of Mar. 2026, which is 48% below its 10-year median of 1.10. GuruFocus rates DGICA with a GF Score™ of 66/100 and a GF Value™ of $14.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 320 Insurance companies, Donegal Group ranks better than 74.69% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Donegal Group's Debt-to-EBITDA or its related term are showing as below:
DGICA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.65 Med: 1.1 Max: 19.19
Current: 0.41
During the past 13 years, the highest Debt-to-EBITDA Ratio of Donegal Group was 19.19. The lowest was -1.65. And the median was 1.10.
DGICA's Debt-to-EBITDA is ranked better than 74.69% of 320
companies
in the Insurance industry
Industry Median: 1.19
vs DGICA: 0.41
Donegal Group (NAS:DGICA) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Donegal Group Debt-to-EBITDA Related Terms
Donegal Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Donegal Group's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DGICA vs HIPO, HRTG, ACIC: Debt-to-EBITDA Comparison
For the Insurance - Property & Casualty subindustry, Donegal Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Donegal Group Debt-to-EBITDA vs Insurance Industry
For the Insurance industry and Financial Services sector, Donegal Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Donegal Group's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Donegal Group (DGICA) has a Debt-to-EBITDA of 0.57 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Donegal Group. This is 48% below median its historical median of 1.10. According to the industry distribution chart, Donegal Group ranks #81 out of 320 companies in the Insurance industry, placing it in the top 25.3%.
Is Donegal Group's Debt-to-EBITDA too high?
Donegal Group's current Debt-to-EBITDA of 0.57 is 48% below median its 10-year median of 1.10. The Insurance industry median Debt-to-EBITDA is 1.19. Donegal Group's value of 0.57 is 52.1% below this industry median. Based on the distribution chart, Donegal Group ranks #81 out of 320 companies in the Insurance industry, which is above the industry midpoint. Overall, Donegal Group has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Donegal Group's Debt-to-EBITDA compare to HIPO and HRTG?
According to the Insurance industry distribution chart, Donegal Group ranks #81 out of 320 companies for Debt-to-EBITDA. This puts Donegal Group in the upper half of its industry. The industry median Debt-to-EBITDA is 1.19. Donegal Group's value of 0.57 is 52.1% below this benchmark. While the company's 10-year median is 1.10 vs. the industry median of 1.19, Donegal Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Insurance company?
The median Debt-to-EBITDA among Insurance companies is 1.19, based on 320 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Donegal Group's current Debt-to-EBITDA of 0.57 is 52.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Donegal Group. For the Insurance industry, the median Debt-to-EBITDA is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donegal Group's current Debt-to-EBITDA is 0.57, which is 48% below median its own 10-year median of 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Donegal Group stock overvalued right now?
Based on GuruFocus' analysis, Donegal Group (DGICA) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.05, compared to a current price of $19.76 — trading 40.6% above its estimated fair value. The current Debt-to-EBITDA is 0.57, which is 48% below median its 10-year median of 1.10 and 52.1% below the Insurance industry median of 1.19. Donegal Group's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Donegal Group (DGICA), the current Debt-to-EBITDA is 0.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Donegal Group (DGICA) Overvalued in 2026?
Based on GuruFocus' analysis, Donegal Group stock appears to be overvalued.
The current stock price of $19.76 is trading 40.6% above its estimated GF Value™ of $14.05.
GuruFocus considers Donegal Group to be Significantly Overvalued.
Key valuation signals for DGICA:
Debt-to-EBITDA: 0.57 (48% below median its 10-year median of 1.10)
GF Value™: $14.05 vs. price of $19.76 (40.6% above fair value)
Industry Position: 52.1% below the Insurance median (#81 of 320)
No single metric tells the full story. See the DGICA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Donegal Group Inc is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty insurance in 21 Mid-Atlantic, Midwestern, Southern, and Southwestern states. It includes three segments: Investments Function, Commercial Lines of Insurance, and Personal Lines of Insurance. The majority of revenue is from the commercial Lines segment. The commercial Lines segment consists mainly of commercial automobile, commercial multi-peril, and workers' compensation policies.
66GF Score
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