Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Public Service Enterprise Group Incorporated (PEG)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$36.46 - $55.27$45.31
Multi-Stage$65.82 - $72.22$68.96
Blended Fair Value$57.14
Current Price$83.46
Upside-31.54%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.71%4.81%2.392.272.162.061.981.901.821.741.661.58
YoY Growth--5.19%5.38%4.66%4.04%4.32%4.40%4.60%4.82%5.20%5.48%
Dividend Yield--2.90%3.41%3.45%2.94%3.29%4.23%3.11%3.46%3.74%3.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,082.00
(-) Cash Dividends Paid (M)1,242.00
(=) Cash Retained (M)840.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)416.40260.25156.15
Cash Retained (M)840.00840.00840.00
(-) Cash Required (M)-416.40-260.25-156.15
(=) Excess Retained (M)423.60579.75683.85
(/) Shares Outstanding (M)500.25500.25500.25
(=) Excess Retained per Share0.851.161.37
LTM Dividend per Share2.482.482.48
(+) Excess Retained per Share0.851.161.37
(=) Adjusted Dividend3.333.643.85
WACC / Discount Rate7.79%7.79%7.79%
Growth Rate-1.22%-0.22%0.78%
Fair Value$36.46$45.31$55.27
Upside / Downside-56.31%-45.71%-33.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,082.002,077.322,072.662,068.002,063.352,058.722,120.48
Payout Ratio59.65%65.72%71.79%77.86%83.93%90.00%92.50%
Projected Dividends (M)1,242.001,365.291,488.011,610.181,731.791,852.841,961.44

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.79%7.79%7.79%
Growth Rate-1.22%-0.22%0.78%
Year 1 PV (M)1,253.871,266.561,279.26
Year 2 PV (M)1,255.061,280.601,306.40
Year 3 PV (M)1,247.271,285.541,324.58
Year 4 PV (M)1,232.001,282.651,334.85
Year 5 PV (M)1,210.551,273.081,338.17
PV of Terminal Value (M)26,728.4928,109.1629,546.30
Equity Value (M)32,927.2334,497.5836,129.55
Shares Outstanding (M)500.25500.25500.25
Fair Value$65.82$68.96$72.22
Upside / Downside-21.13%-17.37%-13.46%

High-Yield Dividend Screener

« Prev Page 113 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300201.SZXuzhou Handler Special Vehicle Co., Ltd0.54%$0.0413.64%
300254.SZShanXi C&Y Pharmaceutical Group Co., Ltd.0.54%$0.0666.26%
300618.SZNanjing Hanrui Cobalt Co.,Ltd.0.54%$0.2427.60%
300777.SZSinofibers Technology Co.,Ltd.0.54%$0.2223.25%
300835.SZSinomag Technology Co., Ltd.0.54%$0.3527.98%
300965.SZBeijing Hengyu Datacom Aviation Equipment co., Ltd.0.54%$0.3868.61%
301596.SZReach Machinery Co Ltd0.54%$0.4330.79%
5432.TWOSolomon Data International Corporation0.54%$1.0070.10%
5TP.SICNMC Goldmine Holdings Limited0.54%$0.0112.36%
600166.SSBeiqi Foton Motor Co., Ltd.0.54%$0.0216.31%
600171.SSShanghai Belling Co., Ltd.0.54%$0.1733.39%
600459.SSSino-Platinum Metals Co.,Ltd0.54%$0.1012.03%
600741.SSHUAYU Automotive Systems Company Limited0.54%$0.114.97%
600819.SSShanghai Yaohua Pilkington Glass Group Co., Ltd.0.54%$0.0428.59%
600906.SSCaida Securities Co., Ltd.0.54%$0.0411.87%
603949.SSXuelong Group Co.,Ltd0.54%$0.1027.46%
HMM-A.TOHammond Manufacturing Company Limited0.54%$0.063.93%
WPMWheaton Precious Metals Corp.0.54%$0.6429.16%
000525.SZNanjing Red Sun Co.,Ltd.0.53%$0.0341.59%
002481.SZYantai Shuangta Food Co., Ltd.0.53%$0.0350.34%
002590.SZZhejiang VIE Science & Technology Co., Ltd.0.53%$0.0819.59%
0069.HKShangri-La Asia Limited0.53%$0.0333.68%
010620.KSHd Hyundai Mipo Co. Ltd.0.53%$1,189.7714.34%
1299.HKAIA Group Limited0.53%$0.4443.34%
300580.SZWuxi Best Precision Machinery Co., Ltd.0.53%$0.1423.35%
301163.SZJiangsu Hongde Special Parts Co.,Ltd.0.53%$0.1432.32%
4916.TWParpro Corporation0.53%$0.3121.99%
600759.SSGeo-Jade Petroleum Corporation0.53%$0.0215.23%
6701.TNEC Corporation0.53%$28.0315.93%
688127.SSZhejiang Lante Optics Co., Ltd.0.53%$0.2026.44%
688608.SSBestechnic (Shanghai) Co., Ltd.0.53%$1.1930.21%
002333.SZZYF Lopsking Aluminum Co., Ltd.0.52%$0.0339.44%
120030.KSCHOSUN WELDING POHANG Co., Ltd0.52%$506.373.69%
1250.HKShandong Hi-Speed New Energy Group Limited0.52%$0.013.33%
267270.KSHyundai Construction Equipment Co., Ltd.0.52%$507.929.77%
294570.KQCOOCON Corporation0.52%$150.375.17%
300145.SZNanfang Pump Industry Co., Ltd. Class A0.52%$0.0218.75%
300236.SZShanghai Sinyang Semiconductor Materials Co., Ltd.0.52%$0.3339.76%
301165.SZRuijie Networks Co., Ltd.0.52%$0.4643.33%
3CP.FXiaomi Corporation0.52%$0.024.20%
5398.KLGamuda Berhad0.52%$0.0315.33%
600521.SSZhejiang Huahai Pharmaceutical Co., Ltd.0.52%$0.0928.05%
601880.SSLiaoning Port Co., Ltd.0.52%$0.0113.15%
605300.SSJiahe Foods Industry Co., Ltd.0.52%$0.0698.92%
8095.HKBeijing Beida Jade Bird Universal Sci-Tech Company Limited0.52%$0.0112.52%
WTC.AXWiseTech Global Limited0.52%$0.3620.57%
000631.SZShunfa Hengye Corporation0.51%$0.0238.02%
000768.SZAVIC Xi'an Aircraft Industry Group Company Ltd.0.51%$0.1333.44%
000936.SZJiangsu Huaxicun Co.,Ltd.0.51%$0.0411.81%
002023.SZSichuan Haite High-tech Co., Ltd.0.51%$0.0740.25%