Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Spire Inc. (SR-PA)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$780.95 - $920.12$862.28
Multi-Stage$239.20 - $261.90$250.34
Blended Fair Value$556.31
Current Price$81.52
Upside582.42%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS7.32%8.72%3.112.852.572.422.272.182.031.851.641.45
YoY Growth--9.04%10.88%6.20%6.53%4.06%7.56%9.48%12.99%12.91%7.85%
Dividend Yield--3.81%4.20%4.12%3.52%3.48%3.41%2.44%2.50%2.18%2.25%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)271.70
(-) Cash Dividends Paid (M)267.90
(=) Cash Retained (M)3.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)54.3433.9620.38
Cash Retained (M)3.803.803.80
(-) Cash Required (M)-54.34-33.96-20.38
(=) Excess Retained (M)-50.54-30.16-16.58
(/) Shares Outstanding (M)58.6358.6358.63
(=) Excess Retained per Share-0.86-0.51-0.28
LTM Dividend per Share4.574.574.57
(+) Excess Retained per Share-0.86-0.51-0.28
(=) Adjusted Dividend3.714.064.29
WACC / Discount Rate5.06%5.06%5.06%
Growth Rate5.32%6.32%7.32%
Fair Value$780.95$862.28$920.12
Upside / Downside857.99%957.75%1,028.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)271.70288.86307.11326.51347.13369.06380.13
Payout Ratio98.60%96.88%95.16%93.44%91.72%90.00%92.50%
Projected Dividends (M)267.90279.85292.25305.09318.39332.16351.62

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.06%5.06%5.06%
Growth Rate5.32%6.32%7.32%
Year 1 PV (M)263.88266.38268.89
Year 2 PV (M)259.83264.79269.80
Year 3 PV (M)255.77263.12270.62
Year 4 PV (M)251.68261.38271.35
Year 5 PV (M)247.57259.55271.99
PV of Terminal Value (M)12,744.1113,360.7414,001.02
Equity Value (M)14,022.8514,675.9815,353.67
Shares Outstanding (M)58.6358.6358.63
Fair Value$239.20$250.34$261.90
Upside / Downside193.42%207.09%221.27%

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%