DGICA (Donegal Group) Scaled Net Operating Assets: -0.01 (As of Mar. 2026)


DGICA Donegal Group Inc DGICA
60 GF Score
Price $18.68
GF Value $14.10
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Donegal Group Scaled Net Operating Assets?

Donegal Group DGICA +3.66% 60 Scaled Net Operating Assets is -0.01 as of Mar. 2026. GuruFocus rates DGICA with a GF Score™ of 60/100 and a GF Value™ of $14.10 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Donegal Group's operating assets for the quarter that ended in Mar. 2026 was $1,738.2 Mil. Donegal Group's operating liabilities for the quarter that ended in Mar. 2026 was $1,764.7 Mil. Donegal Group's Total Assets for the quarter that ended in Dec. 2025 was $2,386.6 Mil. Therefore, Donegal Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.01.

DGICA
60GF Score
Donegal Group Inc DGICA
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Donegal Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Donegal Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(2359.843-1711.211)/2336.032
=0.28

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2386.629 - 26.786
=2359.843

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1746.211 - 0 - 35
=1711.211

Donegal Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1738.153-1764.688)/2386.629
=-0.01

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2448.781 - 710.628
=1738.153

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1799.688 - 0 - 35
=1764.688

* 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.

What does a Scaled Net Operating Assets of -0.01 mean?
Donegal Group (DGICA) has a Scaled Net Operating Assets of -0.01 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Donegal Group and its competitors.
Is Donegal Group's Scaled Net Operating Assets too high?
Donegal Group's current Scaled Net Operating Assets is -0.01. Overall, Donegal Group has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Donegal Group's Scaled Net Operating Assets compare to HIPO and HRTG?
Donegal Group's Scaled Net Operating Assets of -0.01 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Donegal Group and its competitors. Donegal Group's current Scaled Net Operating Assets is -0.01. 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 $14.10, compared to a current price of $18.68 — trading 32.5% above its estimated fair value. The current Scaled Net Operating Assets is -0.01. Donegal Group's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Donegal Group (DGICA), the current Scaled Net Operating Assets is -0.01 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 $18.68 is trading 32.5% above its estimated GF Value™ of $14.10. GuruFocus considers Donegal Group to be Significantly Overvalued.

Key valuation signals for DGICA:

  • Scaled Net Operating Assets: -0.01
  • GF Value™: $14.10 vs. price of $18.68 (32.5% above fair value)
  • GF Score™: 60/100 with 5 warning signs

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 Business Description

Other Exchanges DGICB:USA
Address 1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547
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.
60GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.68
Price
$14.10
GF Value