Definitive Analysis
Definitive Analysis

Get Full Access

See Pricing Start Free Trial

Neo Corporate PCL (NEO.BK)

Company Dividend Discount ModelIndustry: Household & Personal ProductsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$27.93 - $44.67$35.52
Multi-Stage$59.60 - $65.55$62.51
Blended Fair Value$49.02
Current Price$25.75
Upside90.35%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS0.80%0.00%1.675.560.900.700.461.600.000.000.000.00
YoY Growth---70.05%520.83%27.03%51.87%-70.99%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--5.89%14.25%2.30%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)808.15
(-) Cash Dividends Paid (M)405.00
(=) Cash Retained (M)403.15
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)161.63101.0260.61
Cash Retained (M)403.15403.15403.15
(-) Cash Required (M)-161.63-101.02-60.61
(=) Excess Retained (M)241.52302.13342.54
(/) Shares Outstanding (M)300.00300.00300.00
(=) Excess Retained per Share0.811.011.14
LTM Dividend per Share1.351.351.35
(+) Excess Retained per Share0.811.011.14
(=) Adjusted Dividend2.162.362.49
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-1.20%-0.20%0.80%
Fair Value$27.93$35.52$44.67
Upside / Downside8.47%37.93%73.47%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)808.15806.54804.93803.32801.72800.12824.12
Payout Ratio50.11%58.09%66.07%74.05%82.02%90.00%92.50%
Projected Dividends (M)405.00468.53531.80594.82657.59720.10762.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-1.20%-0.20%0.80%
Year 1 PV (M)435.84440.25444.66
Year 2 PV (M)460.18469.54479.00
Year 3 PV (M)478.80493.49508.47
Year 4 PV (M)492.39512.63533.49
Year 5 PV (M)501.58527.48554.44
PV of Terminal Value (M)15,509.8816,310.8417,144.55
Equity Value (M)17,878.6718,754.2419,664.62
Shares Outstanding (M)300.00300.00300.00
Fair Value$59.60$62.51$65.55
Upside / Downside131.44%142.77%154.56%

High-Yield Dividend Screener

« Prev Page 10 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ESPEspey Mfg. & Electronics Corp.3.53%$1.6554.01%
F-PCFord Motor Company 6% Notes due3.53%$0.7463.45%
TECTPTectonic Financial, Inc.3.53%$0.3879.28%
AMFCXAmerican Funds American Mutual Fund3.52%$2.0690.87%
CRCCalifornia Resources Corporation3.52%$1.6435.94%
FAFFirst American Financial Corporation3.51%$2.1446.13%
GICGlobal Industrial Company3.51%$1.0358.36%
0R0G.LMondelez International, Inc.3.50%$1.8969.92%
DCPDCP Midstream, LP3.50%$1.4634.00%
LWLamb Weston Holdings, Inc.3.50%$1.4870.35%
WSOWatsco, Inc.3.50%$12.1683.88%
0QYY.LHarley-Davidson, Inc.3.49%$0.7217.57%
LKFNLakeland Financial Corporation3.49%$1.9752.13%
TRSTTrustCo Bank Corp NY3.49%$1.4448.14%
OMCOmnicom Group Inc.3.47%$2.8341.26%
PROVProvident Financial Holdings, Inc.3.47%$0.5561.73%
UTLUnitil Corporation3.47%$1.7061.75%
BF-ABrown-Forman Corporation3.45%$0.9152.84%
COFSChoiceOne Financial Services, Inc.3.45%$1.0070.38%
FCBPFirst Choice Bancorp3.45%$1.0034.34%
NXSTNexstar Media Group, Inc.3.45%$7.2042.75%
STBAS&T Bancorp, Inc.3.45%$1.3529.75%
VABKVirginia National Bankshares Corporation3.45%$1.3755.94%
F-PBFord Motor Company 6.20% Notes3.44%$0.7463.45%
0K3B.LThe Mosaic Company3.43%$0.8722.53%
CPFCentral Pacific Financial Corp.3.43%$1.0743.87%
CTBICommunity Trust Bancorp, Inc.3.43%$1.9337.41%
IIINInsteel Industries, Inc.3.43%$1.1153.05%
JJSFJ&J Snack Foods Corp.3.43%$3.1192.62%
TMPTompkins Financial Corporation3.43%$2.4942.22%
ALRSAlerus Financial Corporation3.41%$0.7739.09%
CNXCConcentrix Corporation3.41%$1.4028.16%
FBPFirst BanCorp.3.41%$0.7134.06%
GLOClough Global Opportunities Fund3.41%$0.1915.90%
OPBKOP Bancorp3.41%$0.4830.19%
PHXPHX Minerals Inc.3.39%$0.1581.44%
WHGWestwood Holdings Group, Inc.3.39%$0.6073.76%
SCVLShoe Carnival, Inc.3.38%$0.5928.17%
OGSONE Gas, Inc.3.37%$2.6161.93%
VALUValue Line, Inc.3.36%$1.2555.36%
WTRGEssential Utilities, Inc.3.36%$1.3054.79%
AVNTAvient Corporation3.35%$1.0686.14%
KTBKontoor Brands, Inc.3.35%$2.0653.00%
VCTRVictory Capital Holdings, Inc.3.35%$2.1548.89%
WAFDWaFd, Inc.3.35%$1.0837.44%
PBProsperity Bancshares, Inc.3.34%$2.3241.44%
PFGPrincipal Financial Group, Inc.3.34%$2.9943.04%
EVBNEvans Bancorp, Inc.3.33%$1.3160.97%
NFYSEnphys Acquisition Corp.3.33%$0.3768.70%
KMPRKemper Corporation3.32%$1.3132.45%