Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Federal Signal Corporation (FSS)

Company Dividend Discount ModelIndustry: Industrial - Pollution & Treatment ControlsSector: Industrials

Valuation Snapshot

Stable Growth$93.96 - $264.61$146.29
Multi-Stage$62.51 - $68.35$65.38
Blended Fair Value$105.83
Current Price$118.99
Upside-11.06%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.71%18.00%0.480.390.350.360.310.310.300.270.270.25
YoY Growth--23.11%9.17%-0.91%13.40%0.52%3.21%11.31%-0.59%8.33%178.57%
Dividend Yield--0.65%0.45%0.65%1.06%0.82%1.15%1.15%1.24%1.99%1.91%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)235.80
(-) Cash Dividends Paid (M)32.90
(=) Cash Retained (M)202.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.1629.4817.69
Cash Retained (M)202.90202.90202.90
(-) Cash Required (M)-47.16-29.48-17.69
(=) Excess Retained (M)155.74173.43185.22
(/) Shares Outstanding (M)61.6061.6061.60
(=) Excess Retained per Share2.532.823.01
LTM Dividend per Share0.530.530.53
(+) Excess Retained per Share2.532.823.01
(=) Adjusted Dividend3.063.353.54
WACC / Discount Rate8.94%8.94%8.94%
Growth Rate5.50%6.50%7.50%
Fair Value$93.96$146.29$264.61
Upside / Downside-21.04%22.94%122.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)235.80251.13267.45284.83303.35323.07332.76
Payout Ratio13.95%29.16%44.37%59.58%74.79%90.00%92.50%
Projected Dividends (M)32.9073.23118.67169.71226.88290.76307.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.94%8.94%8.94%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)66.5967.2267.86
Year 2 PV (M)98.13100.00101.88
Year 3 PV (M)127.60131.27135.00
Year 4 PV (M)155.12161.09167.22
Year 5 PV (M)180.78189.51198.57
PV of Terminal Value (M)3,222.593,378.243,539.85
Equity Value (M)3,850.814,027.324,210.39
Shares Outstanding (M)61.6061.6061.60
Fair Value$62.51$65.38$68.35
Upside / Downside-47.46%-45.06%-42.56%

High-Yield Dividend Screener

« Prev Page 110 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002339.SZIntegrated Electronic Systems Lab Co., Ltd.0.62%$0.0659.84%
002671.SZShandong Longquan Pipeline Engineering Co.,LTD0.62%$0.0317.06%
039840.KQDIO Corporation0.62%$104.1627.01%
077970.KSSTX Engine Co.,Ltd.0.62%$206.6116.12%
241590.KSHwaseung Enterprise Co., Ltd.0.62%$31.1750.06%
300100.SZNingbo Shuanglin Auto Parts Co.,Ltd.0.62%$0.2518.34%
300347.SZHangzhou Tigermed Consulting Co., Ltd.0.62%$0.3549.79%
300909.SZShenzhen Hui Chuang Da Technology Co., Ltd.0.62%$0.3062.13%
300926.SZJiangsu Bojun Industrial Technology Co., Ltd0.62%$0.2010.12%
3128.TWOHi Sharp Electronics Co., Ltd.0.62%$0.1811.90%
600429.SSBeijing Sanyuan Foods Co., Ltd.0.62%$0.0325.51%
600782.SSXinyu Iron & Steel Co., Ltd0.62%$0.027.85%
600857.SSNingbo Zhongbai Co., Ltd.0.62%$0.0950.22%
603696.SSAnji Foodstuff Co., Ltd0.62%$0.1373.51%
688101.SSSuntar Environmental Technology Co., Ltd.0.62%$0.108.44%
688300.SSNovoray Corporation0.62%$0.3932.51%
688395.SSShenzhen Sine Electric Co.,Ltd.0.62%$0.1535.48%
7013.TIHI Corporation0.62%$17.2014.09%
9025.TKonoike Transport Co., Ltd.0.62%$20.478.73%
000025.SZShenzhen Tellus Holding Co., Ltd.0.61%$0.1130.16%
002940.SZZhejiang AngLiKang Pharmaceutical CO.,LTD.0.61%$0.2137.21%
0QLQ.LYpsomed Holding AG0.61%$2.0031.20%
1784.TWOBIONET Corp.0.61%$0.6447.49%
300332.SZTop Resource Energy Co., Ltd. Class A0.61%$0.0330.72%
300816.SZActBlue Co., Ltd.0.61%$0.2931.83%
600161.SSBeijing Tiantan Biological Products Co., Ltd.0.61%$0.1014.98%
603015.SSNingbo Techmation Co.,Ltd.0.61%$0.0866.24%
605198.SSYantai North Andre Juice Co.,Ltd.0.61%$0.2322.16%
7723.TAichi Tokei Denki Co., Ltd.0.61%$16.436.48%
AHRNAhren Acquisition Corp.0.61%$0.0610.79%
CPLPCapital Product Partners L.P.0.61%$0.116.01%
000099.SZCITIC Offshore Helicopter Co., Ltd.0.60%$0.1327.49%
000807.SZYunnan Aluminium Co., Ltd.0.60%$0.2013.68%
001222.SZWenzhou Yuanfei pet toy products Co., Ltd.0.60%$0.1415.30%
002050.SZZhejiang Sanhua Intelligent Controls Co.,Ltd0.60%$0.3334.64%
002161.SZInvengo Information Technology Co., Ltd0.60%$0.0429.57%
002472.SZZhejiang Shuanghuan Driveline Co., Ltd.0.60%$0.2920.47%
002765.SZLandai Technology Group Corp., Ltd.0.60%$0.0827.22%
010120.KSLS ELECTRIC Co., Ltd.0.60%$2,945.8832.90%
017550.KSSoosan Cebotics Co., Ltd.0.60%$10.025.13%
039440.KQSTI Co., Ltd.0.60%$199.0111.65%
2782.TSeria Co., Ltd.0.60%$21.017.80%
300124.SZShenzhen Inovance Technology Co.,Ltd0.60%$0.4523.25%
300702.SZZhejiang Tianyu Pharmaceutical Co., Ltd.0.60%$0.1425.44%
336570.KQWON TECH Co.,Ltd.0.60%$49.8011.16%
3673.TBroadleaf Co., Ltd.0.60%$4.4038.38%
6442.TWEZconn Corporation0.60%$8.3444.18%
688557.SSBlueSword Intelligent Technology Co.,Ltd.0.60%$0.2215.86%
688579.SSDareway Software Co.,Ltd.0.60%$0.0740.32%
7011.TMitsubishi Heavy Industries, Ltd.0.60%$22.9530.46%