Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

VZ Holding AG (VZN.SW)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$564.47 - $2,163.96$1,617.36
Multi-Stage$270.10 - $295.35$282.50
Blended Fair Value$949.93
Current Price$173.60
Upside447.19%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS18.24%14.23%2.271.731.571.231.020.980.870.840.850.70
YoY Growth--30.98%10.52%26.78%21.32%3.80%12.29%3.42%-0.16%20.45%17.18%
Dividend Yield--1.57%1.76%2.18%1.26%1.26%1.64%1.65%1.28%1.38%1.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)430.16
(-) Cash Dividends Paid (M)196.10
(=) Cash Retained (M)234.06
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)86.0353.7732.26
Cash Retained (M)234.06234.06234.06
(-) Cash Required (M)-86.03-53.77-32.26
(=) Excess Retained (M)148.03180.29201.80
(/) Shares Outstanding (M)39.5339.5339.53
(=) Excess Retained per Share3.744.565.10
LTM Dividend per Share4.964.964.96
(+) Excess Retained per Share3.744.565.10
(=) Adjusted Dividend8.709.5210.06
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate5.50%6.50%7.50%
Fair Value$564.47$1,617.36$2,163.96
Upside / Downside225.16%831.66%1,146.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)430.16458.12487.90519.61553.39589.36607.04
Payout Ratio45.59%54.47%63.35%72.24%81.12%90.00%92.50%
Projected Dividends (M)196.10249.54309.10375.34448.90530.42561.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)230.75232.94235.13
Year 2 PV (M)264.31269.34274.42
Year 3 PV (M)296.79305.31313.99
Year 4 PV (M)328.22340.84353.82
Year 5 PV (M)358.63375.95393.93
PV of Terminal Value (M)9,199.269,643.5810,104.92
Equity Value (M)10,677.9511,167.9611,676.21
Shares Outstanding (M)39.5339.5339.53
Fair Value$270.10$282.50$295.35
Upside / Downside55.59%62.73%70.13%

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%