Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Aflac Incorporated (0H68.L)

Company Dividend Discount ModelIndustry: Insurance - LifeSector: Financial Services

Valuation Snapshot

Stable Growth$116.03 - $216.32$157.01
Multi-Stage$120.70 - $132.11$126.30
Blended Fair Value$141.65
Current Price$111.70
Upside26.82%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.11%5.21%1.991.771.791.571.411.411.451.211.211.20
YoY Growth--12.53%-1.33%14.50%11.18%-0.26%-2.77%19.97%0.46%0.30%0.31%
Dividend Yield--1.79%2.08%2.78%2.43%2.75%4.13%2.91%2.77%3.33%3.81%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,169.00
(-) Cash Dividends Paid (M)1,173.00
(=) Cash Retained (M)2,996.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)833.80521.13312.68
Cash Retained (M)2,996.002,996.002,996.00
(-) Cash Required (M)-833.80-521.13-312.68
(=) Excess Retained (M)2,162.202,474.882,683.33
(/) Shares Outstanding (M)545.58545.58545.58
(=) Excess Retained per Share3.964.544.92
LTM Dividend per Share2.152.152.15
(+) Excess Retained per Share3.964.544.92
(=) Adjusted Dividend6.116.697.07
WACC / Discount Rate8.65%8.65%8.65%
Growth Rate3.21%4.21%5.21%
Fair Value$116.03$157.01$216.32
Upside / Downside3.88%40.57%93.66%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,169.004,344.604,527.594,718.294,917.035,124.135,277.85
Payout Ratio28.14%40.51%52.88%65.25%77.63%90.00%92.50%
Projected Dividends (M)1,173.001,759.952,394.273,078.903,816.954,611.724,882.01

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.65%8.65%8.65%
Growth Rate3.21%4.21%5.21%
Year 1 PV (M)1,604.301,619.841,635.38
Year 2 PV (M)1,989.482,028.222,067.33
Year 3 PV (M)2,332.102,400.542,470.31
Year 4 PV (M)2,635.432,739.062,845.72
Year 5 PV (M)2,902.563,045.923,194.89
PV of Terminal Value (M)54,386.1357,072.3659,863.70
Equity Value (M)65,850.0068,905.9572,077.34
Shares Outstanding (M)545.58545.58545.58
Fair Value$120.70$126.30$132.11
Upside / Downside8.05%13.07%18.27%

High-Yield Dividend Screener

« Prev Page 112 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
001770.KSShin Hwa Dynamics Co., Ltd.0.56%$100.052.60%
002046.SZSinomach Precision Industry Co.,Ltd.0.56%$0.2445.96%
002826.SZTibet AIM Pharm. Inc.0.56%$0.1022.59%
166090.KQHana Materials Inc.0.56%$252.3014.63%
300320.SZJiangyin Haida Rubber And Plastic Co., Ltd.0.56%$0.0514.89%
300680.SZWuxi Longsheng Technology Co.,Ltd0.56%$0.3124.96%
300758.SZAnshan Hifichem Co., Ltd.0.56%$0.0736.47%
300980.SZHubei Xiangyuan New Material Technology Inc.0.56%$0.1854.54%
301539.SZZhejiang Hongxin Technology Co Ltd0.56%$0.1228.52%
3852.TCyber Com Co., Ltd.0.56%$10.6910.27%
4062.TIbiden Co.,Ltd.0.56%$37.7014.87%
4546.TWOChaheng Precision Co., Ltd.0.56%$0.8010.69%
600917.SSChongqing Gas Group Corporation Ltd.0.56%$0.0318.46%
600961.SSZhuzhou Smelter Group Co.,Ltd.0.56%$0.099.08%
603236.SSQuectel Wireless Solutions Co., Ltd.0.56%$0.5414.56%
603596.SSBethel Automotive Safety Systems Co., Ltd0.56%$0.2913.37%
9992.HKPop Mart International Group Limited0.56%$1.0817.41%
B5A.DEBauer AG0.56%$0.035.00%
SKS.AXSKS Technologies Group Limited0.56%$0.0212.05%
002057.SZSinosteel New Materials Co., Ltd.0.55%$0.0617.87%
002217.SZHolitech Technology Co., Ltd.0.55%$0.023.01%
002664.SZChangying Xinzhi Technology Co.,Ltd.0.55%$0.1397.52%
002755.SZBeijing Aosaikang Pharmaceutical Co., Ltd.0.55%$0.0932.69%
008930.KSHanmi Science Co., Ltd.0.55%$200.1118.02%
079550.KSLIG Nex1 Co., Ltd.0.55%$2,399.7117.16%
2749.TJp-Holdings,Inc.0.55%$3.968.95%
300066.SZSanchuan Wisdom Technology Co., Ltd.0.55%$0.0326.23%
300432.SZMianyang Fulin Precision Co.,Ltd.0.55%$0.0938.06%
300666.SZKonfoong Materials International Co., Ltd0.55%$0.5126.17%
300893.SZZhejiang Songyuan Automotive Safety Systems Co.,Ltd.0.55%$0.1317.35%
300990.SZSanhe Tongfei Refrigeration Co., Ltd.0.55%$0.5032.09%
301009.SZHangzhou Coco Healthcare Products Co.,Ltd.0.55%$0.0750.41%
301207.SZHualan Biological Bacterin Inc.0.55%$0.1086.31%
307950.KSHyundai Autoever Corporation0.55%$1,814.1627.64%
600080.SSGinwa Enterprise (Group) Inc.0.55%$0.0418.56%
600278.SSOrient International Enterprise, Ltd.0.55%$0.0417.25%
600674.SSSichuan Chuantou Energy Co.,Ltd.0.55%$0.088.70%
603860.SSRoadMainT Co.,Ltd.0.55%$0.1725.44%
7730.TMani, Inc.0.55%$7.9914.66%
BHARTIHEXA.NSBharti Hexacom Limited0.55%$10.0032.42%
PERSISTENT.BOPersistent Systems Limited0.55%$34.7532.63%
PTPW.JKPT Pratama Widya Tbk0.55%$5.6911.20%
000037.SZShenzhen Nanshan Power Co., Ltd.0.54%$0.0456.70%
002278.SZShanghai SK Petroleum & Chemical Equipment Corporation Ltd.0.54%$0.0751.99%
002562.SZBrother Enterprises Holding Co.,Ltd.0.54%$0.0336.01%
002655.SZGettop Acoustic Co., Ltd.0.54%$0.0729.95%
002916.SZShennan Circuit Company Limited0.54%$1.2430.55%
0669.HKTechtronic Industries Company Limited0.54%$0.5041.01%
0RSL.LEsker S.A.0.54%$1.4126.60%
1910.HKSamsonite International S.A.0.54%$0.1150.08%