Donegal GroupDGICA 64 3-Year ROIIC % is 53.31 as of Dec. 2025, which is 1278% above its 10-year median of 3.87. GuruFocus rates DGICA with a GF Score™ of 64/100 and a GF Value™ of $14.08 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 334 Insurance companies, Donegal Group ranks better than 90.72% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Donegal Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 53.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Donegal Group's 3-Year ROIIC % or its related term are showing as below:
DGICA's 3-Year ROIIC % is ranked better than 90.72% of 334
companies
in the Insurance industry
Industry Median: 5.16
vs DGICA: 53.31
Donegal Group (NAS:DGICA) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Donegal Group 3-Year ROIIC % Related Terms
Donegal Group 3-Year ROIIC % Historical Data
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The historical data trend for Donegal Group's 3-Year ROIIC % 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, ROOT: 3-Year ROIIC % Comparison
For the Insurance - Property & Casualty subindustry, Donegal Group's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Insurance Industry
For the Insurance industry and Financial Services sector, Donegal Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Donegal Group's 3-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Donegal Group (DGICA) has a 3-Year ROIIC % of 53.31 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Donegal Group and its competitors. This is 1278% above median its historical median of 3.87. According to the industry distribution chart, Donegal Group ranks #31 out of 334 companies in the Insurance industry, placing it in the top 9.3%.
Is Donegal Group's 3-Year ROIIC % too high?
Donegal Group's current 3-Year ROIIC % of 53.31 is 1278% above median its 10-year median of 3.87. The Insurance industry median 3-Year ROIIC % is 5.16. Donegal Group's value of 53.31 is 933.1% above this industry median. Based on the distribution chart, Donegal Group ranks #31 out of 334 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Donegal Group has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Donegal Group's 3-Year ROIIC % compare to HIPO and HRTG?
According to the Insurance industry distribution chart, Donegal Group ranks #31 out of 334 companies for 3-Year ROIIC %. This places Donegal Group in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 5.16. Donegal Group's value of 53.31 is 933.1% above this benchmark. While the company's 10-year median is 3.87 vs. the industry median of 5.16, Donegal Group has consistently been above 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 3-Year ROIIC % for an Insurance company?
The median 3-Year ROIIC % among Insurance companies is 5.16, based on 334 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Donegal Group's current 3-Year ROIIC % of 53.31 is 933.1% above 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Donegal Group and its competitors. For the Insurance industry, the median 3-Year ROIIC % is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Donegal Group's current 3-Year ROIIC % is 53.31, which is 1278% above median its own 10-year median of 3.87. 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 $14.08, compared to a current price of $18.87 — trading 34% above its estimated fair value. The current 3-Year ROIIC % is 53.31, which is 1278% above median its 10-year median of 3.87 and 933.1% above the Insurance industry median of 5.16. Donegal Group's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Donegal Group (DGICA), the current 3-Year ROIIC % is 53.31 as of Dec. 2025. 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 $18.87 is trading 34% above its estimated GF Value™ of $14.08.
GuruFocus considers Donegal Group to be Significantly Overvalued.
Key valuation signals for DGICA:
3-Year ROIIC %: 53.31 (1278% above median its 10-year median of 3.87)
GF Value™: $14.08 vs. price of $18.87 (34% above fair value)
Industry Position: 933.1% above the Insurance median (#31 of 334)
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.
64GF Score
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