Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

LPL Financial Holdings Inc. (LPLA)

Company Dividend Discount ModelIndustry: Financial - Capital MarketsSector: Financial Services

Valuation Snapshot

Stable Growth$1,822.88 - $2,147.66$2,012.67
Multi-Stage$366.88 - $402.08$384.16
Blended Fair Value$1,198.41
Current Price$332.69
Upside260.22%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.67%-0.63%1.161.201.031.041.031.071.151.171.151.24
YoY Growth---2.67%15.48%-0.33%1.26%-4.24%-6.52%-2.12%1.34%-7.03%0.21%
Dividend Yield--0.36%0.45%0.51%0.57%0.72%1.97%1.60%1.92%2.90%5.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)833.05
(-) Cash Dividends Paid (M)92.85
(=) Cash Retained (M)740.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)166.61104.1362.48
Cash Retained (M)740.20740.20740.20
(-) Cash Required (M)-166.61-104.13-62.48
(=) Excess Retained (M)573.59636.07677.72
(/) Shares Outstanding (M)77.1477.1477.14
(=) Excess Retained per Share7.448.258.79
LTM Dividend per Share1.201.201.20
(+) Excess Retained per Share7.448.258.79
(=) Adjusted Dividend8.649.459.99
WACC / Discount Rate5.99%5.99%5.99%
Growth Rate5.50%6.50%7.50%
Fair Value$1,822.88$2,012.67$2,147.66
Upside / Downside447.92%504.97%545.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)833.05887.20944.871,006.291,071.701,141.361,175.60
Payout Ratio11.15%26.92%42.69%58.46%74.23%90.00%92.50%
Projected Dividends (M)92.85238.81403.34588.26795.511,027.221,087.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.99%5.99%5.99%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)223.19225.31227.42
Year 2 PV (M)352.31359.02365.80
Year 3 PV (M)480.23494.01508.06
Year 4 PV (M)606.94630.28654.29
Year 5 PV (M)732.47767.85804.58
PV of Terminal Value (M)25,906.5427,157.8428,457.02
Equity Value (M)28,301.6829,634.3131,017.17
Shares Outstanding (M)77.1477.1477.14
Fair Value$366.88$384.16$402.08
Upside / Downside10.28%15.47%20.86%

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%