Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Westpac Banking Corporation (WBC.AX)

Company Dividend Discount ModelIndustry: Banks - DiversifiedSector: Financial Services

Valuation Snapshot

Stable Growth$618.52 - $728.72$682.92
Multi-Stage$162.07 - $177.43$169.61
Blended Fair Value$426.26
Current Price$38.97
Upside993.82%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS15.68%1.85%1.371.491.191.140.750.661.311.521.281.42
YoY Growth---7.73%25.49%3.85%52.39%13.03%-49.41%-13.73%19.22%-10.42%24.47%
Dividend Yield--3.53%4.70%5.61%5.54%2.89%3.94%4.43%5.53%4.00%4.83%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)13,898.00
(-) Cash Dividends Paid (M)10,346.17
(=) Cash Retained (M)3,551.83
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,779.601,737.251,042.35
Cash Retained (M)3,551.833,551.833,551.83
(-) Cash Required (M)-2,779.60-1,737.25-1,042.35
(=) Excess Retained (M)772.231,814.582,509.48
(/) Shares Outstanding (M)3,792.913,792.913,792.91
(=) Excess Retained per Share0.200.480.66
LTM Dividend per Share2.732.732.73
(+) Excess Retained per Share0.200.480.66
(=) Adjusted Dividend2.933.213.39
WACC / Discount Rate5.39%5.39%5.39%
Growth Rate5.50%6.50%7.50%
Fair Value$618.52$682.92$728.72
Upside / Downside1,487.16%1,652.41%1,769.95%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)13,898.0014,801.3715,763.4616,788.0817,879.3119,041.4619,612.71
Payout Ratio74.44%77.55%80.67%83.78%86.89%90.00%92.50%
Projected Dividends (M)10,346.1711,479.1812,715.7814,064.6315,535.1017,137.3218,141.76

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.39%5.39%5.39%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)10,789.5810,891.8510,994.12
Year 2 PV (M)11,233.8811,447.8611,663.85
Year 3 PV (M)11,679.0912,014.3512,355.97
Year 4 PV (M)12,125.1812,591.4813,071.11
Year 5 PV (M)12,572.1813,179.4213,809.90
PV of Terminal Value (M)556,304.72583,174.44611,072.54
Equity Value (M)614,704.63643,299.41672,967.49
Shares Outstanding (M)3,792.913,792.913,792.91
Fair Value$162.07$169.61$177.43
Upside / Downside315.88%335.22%355.29%

High-Yield Dividend Screener

« Prev Page 109 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HAG.DEHensoldt AG0.66%$0.5063.74%
UD.MIUnidata S.p.A.0.66%$0.023.58%
001376.SZJiangxi Bestoo Ene0.65%$0.1129.04%
002172.SZJiangsu Aoyang Health Industry Co.ltd.0.65%$0.0346.77%
300151.SZShenzhen Changhong Technology Co., Ltd.0.65%$0.1075.57%
300258.SZJiangsu Pacific Precision Forging Co., Ltd.0.65%$0.0939.89%
300654.SZAstro-century Education&Technology Co.,Ltd0.65%$0.0662.95%
300943.SZZhejiang Chunhui Intelligent Control Co., Ltd.0.65%$0.1349.41%
601999.SSNorthern United Publishing & Media (Group) Company Limited0.65%$0.0418.29%
QIA.DEQiagen N.V.0.65%$0.2513.38%
SECARE.STSwedencare AB (publ)0.65%$0.2563.49%
000801.SZSichuan Jiuzhou Electronic Co., Ltd.0.64%$0.1163.58%
000930.SZCOFCO Biotechnology Co., Ltd.0.64%$0.0471.93%
001379.SZShandong Tengda Fa0.64%$0.1536.41%
002409.SZJiangsu Yoke Technology Co., Ltd.0.64%$0.4824.63%
002692.SZYuan Cheng Cable Co.,Ltd.0.64%$0.0334.32%
0IWU.LFabasoft AG0.64%$0.1011.84%
300219.SZHongli Zhihui Group Co.,Ltd.0.64%$0.0549.42%
300623.SZJiangsu JieJie Microelectronics Co.,Ltd.0.64%$0.1729.65%
300690.SZShandong Shuangyi Technology Co., Ltd.0.64%$0.2121.24%
300695.SZZhejiang Zhaofeng Mechanical and Electronic Co.,Ltd.0.64%$0.6418.48%
4749.TWOAdvanced Echem Materials Company Limited0.64%$5.9858.12%
600095.SSXiangcai Co.,Ltd0.64%$0.0749.70%
603124.SSJiangxi Jiangnan New Material Technology Co., Ltd.0.64%$0.5035.67%
603325.SSShanghai Bloom Technology, Inc.0.64%$0.508.86%
603486.SSEcovacs Robotics Co., Ltd.0.64%$0.5218.47%
BNBrookfield Corporation0.64%$0.3070.51%
DRREDDY.BODr. Reddy's Laboratories Limited0.64%$7.9811.36%
HANZA.STHanza AB (publ)0.64%$0.8018.41%
IGTI11.SAIguatemi S.A.0.64%$0.1634.52%
PORF.ASB.V. Delftsch Aardewerkfabriek "De Porceleyne Fles Anno 1653"0.64%$0.0818.65%
SAPR11.SACompanhia de Saneamento do ParanĂ¡ - SANEPAR0.64%$0.2619.37%
002065.SZDHC Software Co.,Ltd.0.63%$0.0651.09%
002139.SZShenzhen Topband Co., Ltd.0.63%$0.0919.42%
272210.KSHanwha Systems Co., Ltd.0.63%$347.7810.94%
281820.KSKCTech Co., Ltd.0.63%$265.6710.18%
300018.SZWuhan Zhongyuan Huadian Science & Technology Co.,Ltd.0.63%$0.0727.36%
300776.SZWuhan DR Laser Technology Corp.,Ltd0.63%$0.3916.60%
3150.Tgremz,Inc.0.63%$15.998.02%
600160.SSZhejiang Juhua Co., Ltd.0.63%$0.2416.55%
601965.SSChina Automotive Engineering Research Institute Co., Ltd.0.63%$0.1011.50%
605016.SSShandong Bailong Chuangyuan Bio-Tech Co., Ltd.0.63%$0.1417.52%
6739.TWOGrade Upon Technology Corp0.63%$4.9742.19%
688676.SSHainan Jinpan Smart Technology Co., Ltd.0.63%$0.5739.57%
688757.SSWinTech Nano (Suzhou) Co Ltd.0.63%$0.1780.32%
MTRKS.ISMatriks Finansal Teknolojiler A.S.0.63%$0.147.25%
PXSPyxis Tankers Inc.0.63%$0.0266.98%
XANO-B.STXANO Industri AB (publ)0.63%$0.4912.66%
000917.SZHunan TV & Broadcast Intermediary Co., Ltd.0.62%$0.0654.47%
002090.SZWiscom System Co., Ltd.0.62%$0.0735.48%