What is Globe Life Inc. (GL) DCF Fair Value and Intrinsic Value in 2026?

Globe Life Inc. (GL) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Globe Life Inc.'s historical Return on Invested Capital (ROIC) and Moat Rating?

Globe Life Inc. operates in the Financials sector (Insurance - Life) with an economic moat rating of NARROW. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Globe Life Inc.'s financial health rating and Piotroski F-Score?

Globe Life Inc.'s balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Globe Life Inc. (GL) for quarterly SEC filing thesis breaks?

LocalAlpha audits Globe Life Inc.'s 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksGL

GL

Globe Life Inc.Financial Services / Insurance - LifeINTACT

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States. It operates in three segments: Life Insurance, Supplemental Health Insurance, and Investments. The company offers whole, term, and other life insurance products, as well as life insurance for children; Medicare supplement and limited-benefit supplemental health insurance products, such as accident, cancer, critical illness, heart, intensive care, and other health products; and final expense, accidental death, mortgage protection, and hospital insurance products. It sells its products through direct-to-consumer channels, exclusive independent agents, general agency independent agents, and brokers. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas.

Share Price

$171.17

52W: $127.85 - $191.55

DCF Fair Value

$346.91

+50.7% MoS

Thesis Hub

P/E (TTM)

11.4x

ROIC

18.5%

Operating Margin

24.6%

FCF Yield

8.8%

Debt / Equity

0.56x

Piotroski Score

7/9

Altman Z-Score

3.99

Market Cap

$13.2B

Price vs. Intrinsic Value Corridor

Margin of Safety Buy Zone (<25% Discount)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$346.91

MOS Buy Target (-25%)

$260.18

Valuation Overlays: DCF Fair Value ($346.91) 25% MOS Buy Target ($260.18) Revised Graham ($372.49) Graham Number ($164.48)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$171.17

DCF Fair Value

$346.65

+50.6% MoS

Starting Free Cash Flow ($M)$1,164M

$100M$1,164M (Reported)$50,000M

Stage 1 Growth (Years 1-5)12.3%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$2,900M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$12.3B

PV of Terminal Value

$17.3B

Implied Enterprise Value

$29.6B

Implied Equity Value

$26.7B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$1,307	$1,468	$1,649	$1,851	$2,079	$2,173	$2,270	$2,372	$2,479	$2,591
Present Value (PV)	$1,199	$1,236	$1,273	$1,311	$1,351	$1,295	$1,242	$1,191	$1,142	$1,094

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-4.1% Premium

$164.48

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $15.05BVPS: $79.89

Revised Graham Formula+54% MoS

$372.49

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings8.4% Yield

$14.36 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $1.1BYield: 8.4%

Reverse DCF: Market Growth Expectation

EXTREMELY LOW BARRIER

-1.9% CAGR (Next 10 Yrs)

At the current price of $171.17, the market is assuming the business will compound Free Cash Flow at -1.9% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

✓ Low market hurdle: Easy for a wide-moat compounder to beat.

Autonomous Thesis Underwriting

Surveil GL with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Globe Life Inc.. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 24.6% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Globe Life Inc. (GL) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Globe Life Inc..

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Globe Life Inc. has an estimated DCF intrinsic fair value of $346.91 per share compared to its current market price of $171.17. This represents an estimated 50.7% margin of safety (trading below fair value). Additionally, its classic Benjamin Graham Number stands at $164.48.