Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Johnson & Johnson (JNJ)

Company Dividend Discount ModelIndustry: Drug Manufacturers - GeneralSector: Healthcare

Valuation Snapshot

Stable Growth$84.56 - $125.37$104.06
Multi-Stage$122.42 - $134.00$128.10
Blended Fair Value$116.08
Current Price$181.62
Upside-36.09%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.58%4.29%4.884.854.824.554.324.093.923.693.563.37
YoY Growth--0.45%0.75%5.89%5.26%5.69%4.46%6.16%3.74%5.48%5.21%
Dividend Yield--2.94%3.08%3.07%2.58%2.64%3.08%2.82%2.96%2.85%3.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)25,119.00
(-) Cash Dividends Paid (M)12,234.00
(=) Cash Retained (M)12,885.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,023.803,139.881,883.93
Cash Retained (M)12,885.0012,885.0012,885.00
(-) Cash Required (M)-5,023.80-3,139.88-1,883.93
(=) Excess Retained (M)7,861.209,745.1311,001.08
(/) Shares Outstanding (M)2,424.652,424.652,424.65
(=) Excess Retained per Share3.244.024.54
LTM Dividend per Share5.055.055.05
(+) Excess Retained per Share3.244.024.54
(=) Adjusted Dividend8.299.069.58
WACC / Discount Rate9.58%9.58%9.58%
Growth Rate-0.20%0.80%1.80%
Fair Value$84.56$104.06$125.37
Upside / Downside-53.44%-42.71%-30.97%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)25,119.0025,319.1725,520.9425,724.3225,929.3226,135.9526,920.03
Payout Ratio48.70%56.96%65.22%73.48%81.74%90.00%92.50%
Projected Dividends (M)12,234.0014,422.6516,645.4018,902.6621,194.8423,522.3624,901.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.58%9.58%9.58%
Growth Rate-0.20%0.80%1.80%
Year 1 PV (M)13,031.4413,162.0213,292.60
Year 2 PV (M)13,589.0513,862.7514,139.18
Year 3 PV (M)13,943.2914,366.6514,798.50
Year 4 PV (M)14,126.0314,700.7815,292.91
Year 5 PV (M)14,165.0514,889.1115,642.48
PV of Terminal Value (M)227,969.35239,622.22251,746.81
Equity Value (M)296,824.21310,603.53324,912.47
Shares Outstanding (M)2,424.652,424.652,424.65
Fair Value$122.42$128.10$134.00
Upside / Downside-32.60%-29.47%-26.22%

High-Yield Dividend Screener

« Prev Page 104 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AVIO.MIAvio S.p.A.0.80%$0.2489.27%
DSOL.SGWisdomTree Solana0.80%$0.1219.79%
FLOB.BRFloridienne S.A.0.80%$5.0025.39%
GIGANTE.MXGrupo Gigante, S. A. B. de C. V.0.80%$0.2512.46%
MTC-R.BKMuangthai Capital Public Company Limited0.80%$0.258.48%
002606.SZDalian Insulator Group Co., Ltd0.79%$0.0717.61%
014620.KQSung Kwang Bend Co.,Ltd.0.79%$200.0215.66%
017370.KSWooshin Systems Co., Ltd.0.79%$49.692.66%
300701.SZSenba Sensing Technology Co.,Ltd.0.79%$0.1045.41%
300847.SZHG Technologies Co., Ltd.0.79%$0.1435.02%
301591.SZNanjing Comptech Composites Corp0.79%$0.3237.44%
5306.KLFarm Fresh Berhad0.79%$0.0233.34%
600339.SSChina Petroleum Engineering Corporation0.79%$0.0328.23%
601086.SSGansu Guofang Industry & Trade (Group) Co., Ltd.0.79%$0.0863.39%
603161.SSKehua Holdings Co., Ltd.0.79%$0.1122.02%
603606.SSNingbo Orient Wires & Cables Co.,Ltd.0.79%$0.4732.61%
605033.SSShaanxi Meibang Pharmaceutical Group Co., Ltd.0.79%$0.1672.35%
6463.TTPR Co., Ltd.0.79%$10.256.48%
DANR.MIDanieli & C. Officine Meccaniche S.p.A.0.79%$0.298.39%
GILLETTE.BOGillette India Limited0.79%$65.0036.90%
PAASPan American Silver Corp.0.79%$0.4023.99%
PDSL.BOPDS Limited0.79%$2.9238.22%
SNI.OLStolt-Nielsen Limited0.79%$2.5235.09%
002334.SZShenzhen INVT Electric Co.,Ltd0.78%$0.0720.17%
004140.KSDongbang Transport Logistics Co., Ltd.0.78%$20.037.69%
011070.KSLG Innotek Co., Ltd.0.78%$2,091.9017.12%
2276.HKShanghai Conant Optical Co., Ltd.0.78%$0.4222.72%
229640.KSLS Eco Energy Ltd.0.78%$278.8820.95%
300545.SZShenzhen Liande Automation Equipment co.,ltd.0.78%$0.2430.89%
300922.SZQinhuangdao Tianqin Equipment Manufacturing Co.,Ltd.0.78%$0.1866.08%
301011.SZGuangZhou Wahlap Technology Corporation Limited0.78%$0.2037.38%
3659.TNEXON Co., Ltd.0.78%$29.7521.18%
600360.SSJilin Sino-Microelectronics Co., Ltd.0.78%$0.0634.13%
605167.SSJiangsu Libert Inc.0.78%$0.1326.15%
6736.TSun Corporation0.78%$70.057.32%
688097.SSBOZHON Precision Industry Technology Co.,Ltd0.78%$0.2927.43%
688257.SSShareate Tools Ltd.0.78%$0.2731.76%
9766.TKonami Group Corporation0.78%$165.3826.44%
BBAR.BABanco BBVA Argentina S.A.0.78%$73.3713.95%
CUV.AXClinuvel Pharmaceuticals Limited0.78%$0.106.93%
NSIS-B.CONovozymes A/S0.78%$3.0889.95%
R3NK.BERENK Group AG0.78%$0.4241.42%
VIRP.PAVirbac S.A.0.78%$2.778.47%
002078.SZShandong Sunpaper Co., Ltd.0.77%$0.1210.77%
002225.SZPuyang Refractories Group Co., Ltd.0.77%$0.0446.81%
030610.KSKyobo Securities Co ., Ltd0.77%$72.256.71%
036200.KQUNISEM Co., Ltd.0.77%$80.0020.75%
300863.SZNingbo KBE Electrical Technology Co.,Ltd.0.77%$0.3942.01%
301498.SZGambol Pet Group Co., Ltd.0.77%$0.5030.03%
600577.SSTongling Jingda Special Magnet Wire Co., Ltd.0.77%$0.1034.21%