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Donegal Investment Group (DQ7A) Fair Value & Analysis

Consumer Defensive · IE · Market cap €19.2M

DI Donegal Investment Group DQ7A · IR
Price€15.80
Fair Value€3.92
Upside-75.2%
Quality58/100
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Weak Growth
Thin margins · 0.0% net margin
Low debt · generates free cash flow
Trails peers (3/11)
Narrow moat 10/100
Evidence: Medium Range €2.94 – €4.90 Share as image

Fair value as of: Jul 17, 2026

From 11 valuation models · updated 25 days ago

Fair value updated Jul 17, 2026, revised from €1.96 to €3.92 (+100.0%) since Jun 24, 2026.

A solid business, but screening 75% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€4.90). The favourable scenario is already priced in.
  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

€22.50 €0.4853 Fair Value €3.92 Mar 2020 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range €0.4853 – €22.50 · fair‑value band €2.94 – €4.90 · the €15.80 price screens above the €3.92 fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Donegal Investment Group (DQ7A) currently trades at €15.80, while our model-based Fair Value estimate is €3.92, implying the stock looks roughly 75.2% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Trailing-twelve-month revenue stands at €39.6M. Revenue grew 28.3% year over year. It earns a return on equity of -18.4%. The balance sheet holds a net cash position of €3.7M. Fundamentals as of Jul 17, 2026

Our scenario range runs from €2.94 (bear case) to €4.90 (bull case); at €15.80, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 17% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at -75%, DQ7A screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (€0.7700 to €7.10). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF €3.77 €3.89 €4.07 80
Residual Income €6.46 €5.74 €3.55 76
Growth-Adj P/E €1.04 €1.48 €1.92 68
All 11 models by family
DCF Models
FCF DCF €3.76 €3.89 €4.09 38
Owner Earnings €3.97 €4.16 €4.45 31
5Y P/E Exit €4.16 €4.66 €5.25 38
10Y P/E Exit €3.97 €4.25 €4.52 35
Earnings-Based
Graham-Dodd €0.6300 €0.7700 €0.8700 54
Multiples
P/E Multiple €1.47 €1.96 €2.45 63
P/B Multiple €1.19 €1.58 €1.98 55
Asset-Based
NCAV (Graham) €5.30 €7.10 €10.59 50
Growth DCF
Growth DCF €3.77 €3.89 €4.07 80
Economic Profit
Residual Income €6.46 €5.74 €3.55 76
Growth Earnings
Growth-Adj P/E €1.04 €1.48 €1.92 68

Widest divergence: Asset-Based (€7.10) versus Earnings-Based (€0.7700). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €39.6M
Revenue growth (YoY) +28.3%
Return on equity -18.4%
Free cash flow €83.0K FY2025
EPS (TTM) €-1.36
EPS growth (YoY) +210%
More key figures
Net cash €3.7M FY2021

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 60 · Market factors (momentum, volatility) 43

Profitability 10
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Donegal Investment Group plc, together with its subsidiaries, engages in the development, purchase, and sale of seed potatoes in Ireland, Europe, and internationally. The company also engages in the rental and sale of property assets. In addition, it manufactures, sells and distributes dairy products.

Full company description

Donegal Investment Group plc, together with its subsidiaries, engages in the development, purchase, and sale of seed potatoes in Ireland, Europe, and internationally. The company also engages in the rental and sale of property assets. In addition, it manufactures, sells and distributes dairy products. The company serves growers, processors, packers, retailers, and consumers. It also exports its products. The company was formerly known as Donegal Creameries plc and changed its name to Donegal Investment Group plc in July 2013. Donegal Investment Group plc was founded in 1898 and is based in Letterkenny, Ireland.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Donegal Investment Group reported revenue of €0 in FY2025 versus €26.1M in FY2021. Reported net income was €113K in FY2025, compounding −58.7%/yr from FY2021.

Growth Quality 38/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2023)
€29.7M
Latest YoY
+17.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−12.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−17.2%
Avg. growth/yr (16Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−8.6%
Revenue
FY21 €26.1M
FY22 €25.2M
FY23 €29.7M
FY24 €0
FY25 €0
Net income −58.7%/yr
FY21 €3.9M
FY22 €13.3M
FY23 €2.0M
FY24 €1.8M
FY25 €113K
Character of growth · EPS growth decomposed (2012-2022) +4.7 % p.a.
Revenue per share +3.3 pp

of which total revenue −10.2 pp · buybacks/dilution +13.4 pp

EBIT margin +15.7 pp
Tax rate −0.6 pp
Residual (interest, one-offs) −13.7 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

DQ7A screens 75% overvalued. Compare with Muyuan Foods Group →

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Cite: Fair Value Calculator (2026). "Donegal Investment Group Fair Value". https://www.fairvalue-calculator.com/stock/DQ7A

Peer Group

Farm Products · 288 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 58 · Above median
Fair Value upside −75% · Bottom 25%
Return on assets -4% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 28% · Top 25%

Valuation Multiples vs Farm Products median · lower = cheaper

P/B 1.72× · Pricier than 75% of peers
P/S (TTM) 0.56× · Pricier than median
P/FCF 266.8× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 25
FUTURE 100 · sector 20
PAST 0 · sector 17
HEALTH 100 · sector 94
DIVIDEND 0 · sector 38

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is Donegal Investment Group (DQ7A) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of €3.92 versus a price of €15.80, about −75% (overvalued).
What is the fair value of DQ7A?
Our model-based fair value for Donegal Investment Group is €3.92 (as of Jul 17, 2026), built from audited fundamentals. The current price is €15.80.
What is the quality score of DQ7A?
Donegal Investment Group has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Donegal Investment Group (DQ7A)?
Donegal Investment Group reported trailing-twelve-month revenue of about €39.6M (latest available figure, as of Jul 17, 2026).
What is the net profit margin of DQ7A?
The net profit margin of Donegal Investment Group is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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