Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Amdocs Limited (DOX)

Company Dividend Discount ModelIndustry: Software - InfrastructureSector: Technology

Valuation Snapshot

Stable Growth$51.84 - $81.84$65.56
Multi-Stage$68.17 - $74.64$71.34
Blended Fair Value$68.45
Current Price$91.24
Upside-24.97%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS6.46%8.33%2.011.901.781.671.591.471.321.201.090.98
YoY Growth--5.86%6.27%7.19%4.85%8.17%11.14%9.92%10.53%11.16%8.45%
Dividend Yield--2.20%2.23%2.03%1.83%2.12%2.07%1.83%2.05%1.64%1.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)565.49
(-) Cash Dividends Paid (M)224.39
(=) Cash Retained (M)341.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)113.1070.6942.41
Cash Retained (M)341.10341.10341.10
(-) Cash Required (M)-113.10-70.69-42.41
(=) Excess Retained (M)228.00270.41298.69
(/) Shares Outstanding (M)111.75111.75111.75
(=) Excess Retained per Share2.042.422.67
LTM Dividend per Share2.012.012.01
(+) Excess Retained per Share2.042.422.67
(=) Adjusted Dividend4.054.434.68
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.20%2.20%3.20%
Fair Value$51.84$65.56$81.84
Upside / Downside-43.18%-28.14%-10.30%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)565.49577.91590.60603.57616.82630.37649.28
Payout Ratio39.68%49.75%59.81%69.87%79.94%90.00%92.50%
Projected Dividends (M)224.39287.48353.23421.73493.07567.33600.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.20%2.20%3.20%
Year 1 PV (M)260.93263.51266.09
Year 2 PV (M)290.99296.77302.61
Year 3 PV (M)315.33324.78334.40
Year 4 PV (M)334.62348.05361.87
Year 5 PV (M)349.46367.07385.39
PV of Terminal Value (M)6,066.666,372.406,690.33
Equity Value (M)7,618.017,972.578,340.69
Shares Outstanding (M)111.75111.75111.75
Fair Value$68.17$71.34$74.64
Upside / Downside-25.28%-21.81%-18.20%

High-Yield Dividend Screener

« Prev Page 10 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
BNGA.JKPT Bank CIMB Niaga Tbk8.91%$157.7256.96%
QIGD.QAQatari Investors Group Q.S.C.8.91%$0.1397.17%
MCS-R.BKM.C.S. Steel Public Company Limited8.90%$0.7434.29%
0QR1.LSchweiter Technologies AG8.89%$22.4090.72%
0816.HKJinmao Property Services Co., Limited8.88%$0.2355.27%
3492.TMIRARTH Real Estate Investment Corporation8.88%$8,301.0988.12%
3998.HKBosideng International Holdings Limited8.86%$0.4070.17%
PJP.WAPJP Makrum S.A.8.86%$1.4265.03%
603565.SSShanghai Zhonggu Logistics Co., Ltd.8.84%$0.8987.23%
ALVAP.PAKumulus Vape S.A.8.83%$0.3724.09%
IPS.PAIpsos S.A.8.83%$2.9938.93%
RFF.AXRural Funds Group8.83%$0.1715.19%
KOV.AXKorvest Ltd8.81%$1.2460.47%
0QUS.LG5 Entertainment AB (publ)8.80%$8.0594.74%
9620.SRBalsm Alofoq Medical Co.8.80%$2.4063.98%
PPM.AXPepper Money Limited8.80%$0.2044.77%
VK.PAVallourec S.A.8.80%$1.4183.22%
BBNI.JKPT Bank Negara Indonesia (Persero) Tbk8.79%$374.4666.86%
KJL.BKKijcharoen Engineering Electric Public Company Limited8.79%$0.5473.06%
0856.HKVSTECS Holdings Limited8.78%$0.7147.24%
BA-R.BKBangkok Airways Public Company Limited8.78%$1.3083.23%
PFRM3.SAProfarma Distribuidora de Produtos Farmacêuticos S.A.8.78%$0.7478.88%
0001.HKCK Hutchison Holdings Limited8.77%$4.7359.96%
NOBLE-R.BKNoble Development Public Company Limited8.75%$0.1927.34%
RANA.OLRana Gruber ASA8.75%$6.7583.80%
PDG.BKProdigy Public Company Limited8.74%$0.2690.35%
WHC.AXWhitehaven Coal Limited8.74%$0.6856.57%
DLTA.JKPT Delta Djakarta Tbk8.73%$175.4299.09%
8371.HKTaste Gourmet Group Limited8.70%$0.1853.44%
TRAN.BACompañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.8.70%$301.7991.83%
0257.HKChina Everbright Environment Group Limited8.69%$0.4235.73%
EMB.AXEmbelton Limited8.69%$0.7069.10%
HP3A.DERingmetall SE8.69%$0.2438.33%
RDTX.JKPT Roda Vivatex Tbk8.69%$1,103.9395.63%
S56.SISamudera Shipping Line Ltd8.69%$0.1060.61%
1307.TWSan Fang Chemical Industry Co., Ltd.8.68%$2.7091.10%
ASIZ.LAberforth Split Level Income ZDP 20248.68%$11.0447.29%
PIC.AXPerpetual Equity Investment Company Limited8.68%$0.1197.90%
CPHN.SWCPH Chemie + Papier Holding AG8.66%$5.9989.84%
JIN.AXJumbo Interactive Limited8.66%$0.9974.11%
PM-R.BKPremier Marketing Public Company Limited8.66%$1.0390.60%
0546.HKFufeng Group Limited8.65%$0.7030.72%
ITB.DEImperial Brands PLC8.65%$3.0955.77%
LOGG3.SALOG Commercial Properties e Participações S.A.8.64%$2.1949.79%
5547.TWOJioushun Construction Co., Ltd.8.63%$2.2658.13%
TWD.AXTamawood Limited8.62%$0.2480.43%
UNITED.HEUnited Bankers Oyj8.60%$1.6153.91%
DDR.AXDicker Data Limited8.58%$0.8796.73%
PATO.BKPato Chemical Industry Public Company Limited8.58%$0.6098.05%
0371.HKBeijing Enterprises Water Group Limited8.56%$0.2164.00%