Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Artisan Partners Asset Management Inc. (APAM)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$59.85 - $113.96$81.65
Multi-Stage$54.61 - $59.37$56.95
Blended Fair Value$69.30
Current Price$43.40
Upside59.67%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.02%7.09%2.800.003.513.592.872.662.371.851.631.75
YoY Growth--0.00%-100.00%-2.26%25.34%7.88%12.16%28.06%13.55%-6.91%24.19%
Dividend Yield--7.15%0.00%10.98%9.13%5.49%12.36%9.16%5.56%5.90%5.67%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)265.23
(-) Cash Dividends Paid (M)259.73
(=) Cash Retained (M)5.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)53.0533.1519.89
Cash Retained (M)5.505.505.50
(-) Cash Required (M)-53.05-33.15-19.89
(=) Excess Retained (M)-47.55-27.65-14.39
(/) Shares Outstanding (M)70.8370.8370.83
(=) Excess Retained per Share-0.67-0.39-0.20
LTM Dividend per Share3.673.673.67
(+) Excess Retained per Share-0.67-0.39-0.20
(=) Adjusted Dividend3.003.283.46
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate4.83%5.83%6.83%
Fair Value$59.85$81.65$113.96
Upside / Downside37.91%88.13%162.58%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)265.23280.70297.07314.39332.73352.13362.69
Payout Ratio97.93%96.34%94.76%93.17%91.59%90.00%92.50%
Projected Dividends (M)259.73270.42281.49292.92304.73316.92335.49

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate4.83%5.83%6.83%
Year 1 PV (M)243.34245.66247.98
Year 2 PV (M)227.93232.30236.71
Year 3 PV (M)213.43219.60225.88
Year 4 PV (M)199.80207.53215.49
Year 5 PV (M)186.98196.07205.51
PV of Terminal Value (M)2,796.062,931.983,073.15
Equity Value (M)3,867.544,033.154,204.72
Shares Outstanding (M)70.8370.8370.83
Fair Value$54.61$56.95$59.37
Upside / Downside25.82%31.21%36.79%

High-Yield Dividend Screener

« Prev Page 106 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002860.SZHangzhou Star Shuaier Electric Appliance Co., Ltd.0.74%$0.1021.01%
300012.SZCentre Testing International Group Co. Ltd.0.74%$0.1017.11%
300773.SZLakala Payment Co., Ltd.0.74%$0.2192.60%
3931.HKCALB Group Co., Ltd.0.74%$0.1942.46%
601096.SSHsino Tower Group Co., Ltd.0.74%$0.0324.59%
603787.SSJiangsu Xinri E-Vehicle Co., Ltd.0.74%$0.1040.87%
688136.SSKexing Biopharm Co., Ltd.0.74%$0.2437.10%
688278.SSXiamen Amoytop Biotech Co., Ltd.0.74%$0.6226.86%
688662.SSGuangdong Fuxin Technology Co., Ltd.0.74%$0.3874.38%
COCE3.SACompanhia Energética do Ceará - Coelce0.74%$0.247.09%
NCAP.BKNext Capital Public Company Limited0.74%$0.025.72%
NELLY.STNelly Group AB (publ)0.74%$0.8317.00%
NVTnVent Electric plc0.74%$0.7921.51%
001211.SZSuncha Technology Co., Ltd.0.73%$0.1960.59%
002017.SZEastcompeace Technology Co.,ltd0.73%$0.1651.21%
013890.KSZinus, Inc0.73%$90.004.56%
1885.TTOA Corporation0.73%$20.599.57%
1946.TToenec Corporation0.73%$14.088.65%
2908.TFujicco Co., Ltd.0.73%$11.5229.03%
300173.SZFuneng Oriental Equipment Technology Co., Ltd.0.73%$0.0340.26%
300651.SZJiangsu Jinling Sports Equipment Co.,Ltd.0.73%$0.1566.40%
300979.SZHuali Industrial Group Company Limited0.73%$0.3712.53%
301538.SZShenzhen Jdd Tech New Material Co Ltd0.73%$0.5823.06%
600595.SSHenan Zhongfu Industrial Co.,Ltd0.73%$0.0617.73%
603396.SSYingkou Jinchen Machinery Co., Ltd.0.73%$0.2473.62%
6082.TRIDE ON EXPRESS HOLDINGS Co., Ltd.0.73%$7.4015.33%
688360.SSDamon Technology Group Co.,Ltd.0.73%$0.1634.20%
7532.TPan Pacific International Holdings Corporation0.73%$6.7722.42%
8014.TChori Co., Ltd.0.73%$30.097.62%
BBHI.JKPT Allo Bank Indonesia Tbk0.73%$10.7742.87%
002899.SZImpulse (Qingdao) Health Tech Co.,Ltd.0.72%$0.2039.54%
300371.SZHuizhong Instrumentation Co., Ltd.0.72%$0.0924.77%
300611.SZZhejiang Meili High Technology Co., Ltd.0.72%$0.2028.91%
301020.SZYantai Ishikawa Sealing Technology Co.,Ltd.0.72%$0.1626.27%
3163.TWOBrowave Corporation0.72%$3.0058.42%
4054.TNihon Jyoho Create Co.,Ltd.0.72%$5.0213.31%
600012.SSAnhui Expressway Company Limited0.72%$0.119.20%
600959.SSJiangsu Broadcasting Cable Information Network Corporation Limited0.72%$0.0227.08%
603103.SSHengdian Entertainment Co.,LTD0.72%$0.1282.51%
688513.SSChengdu Easton Biopharmaceuticals Co., Ltd.0.72%$0.4431.88%
BDGI.TOBadger Infrastructure Solutions Ltd.0.72%$0.5331.85%
ICICIBANK.BOICICI Bank Limited0.72%$9.7113.21%
LGT-B.TOLogistec Corporation0.72%$0.4823.59%
PTPP.JKPT PP (Persero) Tbk0.72%$2.995.54%
SSIA.JKPT Surya Semesta Internusa Tbk0.72%$11.9957.64%
SVIK.STStudsvik AB (publ)0.72%$2.0078.65%
WCNWaste Connections, Inc.0.72%$1.2652.24%
000737.SZNorth Copper (Shanxi) Co., Ltd.0.71%$0.1127.70%
0N2H.LLogistea AB (publ)0.71%$0.095.72%
1818.HKZhaojin Mining Industry Company Limited0.71%$0.2319.02%