Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fresnillo plc (FRES.L)

Company Dividend Discount ModelIndustry: Other Precious MetalsSector: Basic Materials

Valuation Snapshot

Stable Growth$20.84 - $50.82$31.03
Multi-Stage$15.69 - $17.08$16.37
Blended Fair Value$23.70
Current Price$19.77
Upside19.87%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-11.28%-1.06%0.110.150.270.330.140.190.400.320.120.05
YoY Growth---27.87%-46.35%-17.76%134.57%-26.37%-52.30%26.00%168.15%135.07%-56.84%
Dividend Yield--1.36%2.02%2.51%2.76%0.92%2.28%3.69%1.66%0.80%0.49%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)703.88
(-) Cash Dividends Paid (M)589.48
(=) Cash Retained (M)114.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)140.7887.9952.79
Cash Retained (M)114.40114.40114.40
(-) Cash Required (M)-140.78-87.99-52.79
(=) Excess Retained (M)-26.3726.4261.61
(/) Shares Outstanding (M)736.89736.89736.89
(=) Excess Retained per Share-0.040.040.08
LTM Dividend per Share0.800.800.80
(+) Excess Retained per Share-0.040.040.08
(=) Adjusted Dividend0.760.840.88
WACC / Discount Rate9.37%9.37%9.37%
Growth Rate5.50%6.50%7.50%
Fair Value$20.84$31.03$50.82
Upside / Downside5.40%56.94%157.07%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)703.88749.63798.36850.25905.52964.38993.31
Payout Ratio83.75%85.00%86.25%87.50%88.75%90.00%92.50%
Projected Dividends (M)589.48637.17688.57743.96803.64867.94918.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.37%9.37%9.37%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)577.12582.59588.06
Year 2 PV (M)564.89575.65586.51
Year 3 PV (M)552.81568.68584.85
Year 4 PV (M)540.88561.68583.07
Year 5 PV (M)529.10554.65581.19
PV of Terminal Value (M)8,794.419,219.199,660.22
Equity Value (M)11,559.2112,062.4412,583.90
Shares Outstanding (M)736.89736.89736.89
Fair Value$15.69$16.37$17.08
Upside / Downside-20.66%-17.20%-13.62%

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%