ASTS

AST SpaceMobile

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Technology

industry

Communication Equipment

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

05/11/26

Business Summary

Donegal Group operates as a Property & Casualty insurer, generating revenue by underwriting policies and investing premium float. The core engine is disciplined risk selection: collect premiums upfront, invest the float, and pay out claims at a ratio that preserves underwriting profit. Its moat is regional scale, underwriting expertise, and distribution relationships that create recurring policy renewals. Cash flow durability depends on maintaining pricing discipline and loss control, because in insurance, one bad underwriting cycle can erase years of incremental gains.

VALUATION

P/E

-

Market Cap ($M USD)

$27,771

Forward P/E

500+

PEG

-

PRICE TO SALES

344.8

PRICE TO BOOK

15.1

EV / EBITDA

-74.8

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$1.34

Next Year EPS Growth Estimate

$0.04

Next Year Revenue Growth Estimate

333.10%

Return on Equity (ROE)

-18.60%

Operating Margin

-405.70%

Debt-to-Equity

1.2

Piotroski F-Score

5

Altman Z-Score

6.5

Return on Invested Capital (ROIC)

-14.90%%

Current Ratio

16.4

Quick Ratio

Gainseekers Quantitative Analysis

Summary

DGICA screens as a statistically cheap small-cap insurer with a Market Cap of $643M trading at 7.9x earnings and 8.5x forward earnings, which places it firmly in deep value territory. The PEG Forward of 0.9 suggests the market is pricing growth conservatively relative to expectations, while a Price/Book of 1 implies investors are valuing the company roughly at its accounting equity — a classic insurance valuation floor. However, the absence of an Altman Z-Score and missing Debt/Equity data limits balance sheet transparency, and the sharp disconnect between current EPS of 6.4 and next year’s estimated $2.22 introduces earnings normalization risk. This is not a premium compounder multiple — it is a discount multiple reflecting skepticism, and the question is whether 12.40% operating margins and 12.00% ROIC are sustainable enough to justify re-rating.

AI Exposure / Tech Reliance

As a Property & Casualty insurer, DGICA operates in a sector increasingly shaped by AI-driven underwriting, pricing models, and claims automation. Firms that adopt predictive analytics effectively can materially improve loss ratios and operating margins, directly impacting profitability. With a 12.40% operating margin, the company has a foundation that could benefit from incremental efficiency gains if it keeps pace technologically, but smaller insurers must execute well to avoid competitive compression.

The Bull Case

From a GARP or deep value perspective, the setup is intriguing. A 7.9 P/E and 0.7 Price/Sales ratio in Financial Services is inexpensive, particularly when paired with a 12.00% ROIC that exceeds the cost of capital for most insurers and indicates capital is being deployed productively. Operating margins of 12.40% show underwriting discipline, and a Price/Book of 1 provides tangible asset support on the downside. The Piotroski F-Score of 4 is neutral but not distressed, suggesting operational stability rather than deterioration, while a modest 4.00% short float implies no aggressive bearish consensus. If earnings stabilize anywhere near current levels, multiple expansion alone could drive upside.

The Bear Case

The red flags are non-trivial. EPS of 6.4 collapsing to an estimated 2.22 next year signals either normalization or volatility in underwriting performance, and that kind of earnings compression can trap value investors. Return on Equity at just 3.30% is weak for an insurer and suggests capital is not being leveraged efficiently despite a 12.00% ROIC, raising questions about balance sheet structure. Missing Debt/Equity and Altman Z-Score data obscure solvency analysis, and a Piotroski F-Score of 4 is middling — not the score of a financially accelerating company. With only $643M in market cap and 19.75% institutional ownership, liquidity and sponsorship are limited, increasing volatility risk.

Market Sentiment & Smart Money

Short Interest %

20.10%

Analyst Consensus

2.67

Average Analyst Price Target

$94.47

Institutional Ownership %

41.80%

1-Year Beta

2.83

Insider Buying % (6 Mo)

13.40%%

Distance to 52-Week High

73.10%%

Distance to 52-Week Low

468.40%%