Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ConvaTec Group Plc (CTEC.L)

Company Dividend Discount ModelIndustry: Medical - Instruments & SuppliesSector: Healthcare

Valuation Snapshot

Stable Growth$2.82 - $5.38$3.85
Multi-Stage$3.39 - $3.70$3.54
Blended Fair Value$3.69
Current Price$3.96
Upside-6.70%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.26%0.00%0.060.050.040.040.030.040.040.010.000.00
YoY Growth--17.62%25.65%2.68%36.41%-21.28%6.68%184.79%0.00%0.00%0.00%
Dividend Yield--2.29%1.75%1.53%1.60%1.13%1.48%2.06%0.47%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)369.90
(-) Cash Dividends Paid (M)254.00
(=) Cash Retained (M)115.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)73.9846.2427.74
Cash Retained (M)115.90115.90115.90
(-) Cash Required (M)-73.98-46.24-27.74
(=) Excess Retained (M)41.9269.6688.16
(/) Shares Outstanding (M)2,055.012,055.012,055.01
(=) Excess Retained per Share0.020.030.04
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.020.030.04
(=) Adjusted Dividend0.140.160.17
WACC / Discount Rate7.85%7.85%7.85%
Growth Rate2.61%3.61%4.61%
Fair Value$2.82$3.85$5.38
Upside / Downside-28.79%-2.81%35.74%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)369.90383.26397.10411.44426.30441.70454.95
Payout Ratio68.67%72.93%77.20%81.47%85.73%90.00%92.50%
Projected Dividends (M)254.00279.53306.56335.19365.48397.53420.83

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.85%7.85%7.85%
Growth Rate2.61%3.61%4.61%
Year 1 PV (M)256.67259.18261.68
Year 2 PV (M)258.49263.55268.66
Year 3 PV (M)259.52267.18274.99
Year 4 PV (M)259.84270.12280.70
Year 5 PV (M)259.52272.42285.82
PV of Terminal Value (M)5,662.515,943.866,236.28
Equity Value (M)6,956.567,276.317,608.14
Shares Outstanding (M)2,055.012,055.012,055.01
Fair Value$3.39$3.54$3.70
Upside / Downside-14.52%-10.59%-6.51%

High-Yield Dividend Screener

« Prev Page 11 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
THFFFirst Financial Corporation3.32%$1.9831.67%
IRDMIridium Communications Inc.3.31%$0.5949.66%
PDCOPatterson Companies, Inc.3.31%$1.0466.64%
0HRZ.LCoterra Energy Inc.3.30%$0.8840.64%
ACIAlbertsons Companies, Inc.3.30%$0.5733.33%
KDPKeurig Dr Pepper Inc.3.30%$0.9278.89%
SPBSpectrum Brands Holdings, Inc.3.30%$1.9848.25%
0IUX.LGenuine Parts Company3.29%$4.0569.77%
BGBunge Global S.A.3.29%$3.0531.37%
HDGCXThe Hartford Dividend and Growth Fund Class C3.29%$1.0820.58%
PSBDPalmer Square Capital BDC Inc.3.29%$0.4090.32%
LIENChicago Atlantic BDC, Inc.3.28%$0.3423.50%
REXRRexford Industrial Realty, Inc.3.28%$1.2890.14%
CVCYCentral Valley Community Bancorp3.27%$0.5832.80%
F-PDFord Motor Company 6.500% Notes3.27%$0.7463.45%
FSBWFS Bancorp, Inc.3.27%$1.3331.78%
TRNOTerreno Realty Corporation3.27%$1.9362.02%
0I1P.LComerica Incorporated3.26%$2.8252.30%
ALEXAlexander & Baldwin, Inc.3.26%$0.6766.95%
BRXBrixmor Property Group Inc.3.26%$0.8578.30%
AGM-PCFederal Agricultural Mortgage Corporation3.24%$7.8539.89%
HTOH2O America3.24%$1.6052.08%
WECWEC Energy Group, Inc.3.24%$3.4566.21%
XOMExxon Mobil Corporation3.24%$3.9857.54%
SCLStepan Company3.22%$1.5276.82%
HBTHBT Financial, Inc.3.21%$0.8333.20%
KALUKaiser Aluminum Corporation3.21%$3.8670.13%
SMPStandard Motor Products, Inc.3.20%$1.1838.74%
0QZA.LConocoPhillips3.19%$3.0943.65%
PAGPenske Automotive Group, Inc.3.18%$5.0435.22%
CRBGCorebridge Financial, Inc.3.17%$0.9652.57%
EDConsolidated Edison, Inc.3.17%$3.1756.36%
LARKLandmark Bancorp, Inc.3.17%$0.8238.75%
NBPU.LNB Private Equity Partners Limited3.17%$0.6770.20%
PFBCPreferred Bank3.16%$3.0329.67%
HNIHNI Corporation3.15%$1.3444.63%
RBBRBB Bancorp3.15%$0.6443.45%
FGF&G Annuities & Life, Inc.3.14%$0.9428.23%
NBHCNational Bank Holdings Corporation3.14%$1.1937.27%
0KZA.LSM Energy Company3.13%$0.609.44%
CBUCommunity Bank System, Inc.3.13%$1.8246.85%
DTEDTE Energy Company3.13%$4.0887.19%
RNSTRenasant Corporation3.13%$1.1148.14%
BSRRSierra Bancorp3.11%$1.0134.68%
FCFFirst Commonwealth Financial Corporation3.11%$0.5238.19%
PNCThe PNC Financial Services Group, Inc.3.11%$6.5739.89%
PRKPark National Corporation3.11%$4.8044.20%
GEFGreif, Inc.3.10%$2.1212.04%
0QAH.LMerck & Co., Inc.3.09%$3.2542.60%
BANRBanner Corporation3.09%$1.9335.15%