Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Leggett & Platt, Incorporated (LEG)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$12.25 - $18.00$15.01
Multi-Stage$29.56 - $32.63$31.06
Blended Fair Value$23.04
Current Price$8.88
Upside159.42%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.80%-2.04%0.981.721.651.571.521.471.391.331.281.23
YoY Growth---43.07%4.45%4.99%3.22%3.37%5.63%4.36%4.62%3.38%2.45%
Dividend Yield--12.39%9.11%5.17%4.51%3.33%5.51%3.27%3.01%2.53%2.55%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)224.40
(-) Cash Dividends Paid (M)26.80
(=) Cash Retained (M)197.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)44.8828.0516.83
Cash Retained (M)197.60197.60197.60
(-) Cash Required (M)-44.88-28.05-16.83
(=) Excess Retained (M)152.72169.55180.77
(/) Shares Outstanding (M)139.10139.10139.10
(=) Excess Retained per Share1.101.221.30
LTM Dividend per Share0.190.190.19
(+) Excess Retained per Share1.101.221.30
(=) Adjusted Dividend1.291.411.49
WACC / Discount Rate6.56%6.56%6.56%
Growth Rate-3.60%-2.60%-1.60%
Fair Value$12.25$15.01$18.00
Upside / Downside37.92%69.06%102.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)224.40218.56212.87207.33201.93196.68202.58
Payout Ratio11.94%27.55%43.17%58.78%74.39%90.00%92.50%
Projected Dividends (M)26.8060.2291.89121.86150.21177.01187.38

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.56%6.56%6.56%
Growth Rate-3.60%-2.60%-1.60%
Year 1 PV (M)55.9456.5257.10
Year 2 PV (M)79.2880.9382.60
Year 3 PV (M)97.66100.73103.86
Year 4 PV (M)111.81116.52121.38
Year 5 PV (M)122.38128.86135.61
PV of Terminal Value (M)3,644.133,837.114,038.18
Equity Value (M)4,111.194,320.664,538.73
Shares Outstanding (M)139.10139.10139.10
Fair Value$29.56$31.06$32.63
Upside / Downside232.83%249.79%267.45%

High-Yield Dividend Screener

« Prev Page 117 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300953.SZNingbo Zhenyu Technology Co., Ltd.0.44%$0.7526.39%
301629.SZSidea Semiconductor Eqpmnt Shnzhn Co Ltd0.44%$0.9676.62%
301658.SZShenzhen SOFARSOLAR Co Ltd0.44%$0.1333.30%
600103.SSFujian Qingshan Paper Industry Co.,Ltd.0.44%$0.0264.49%
603053.SSChengdu Gas Group Corporation Ltd.0.44%$0.047.67%
688600.SSAnHui Wanyi Science and Technology Co., Ltd.0.44%$0.1119.32%
688626.SSXiangyu Medical Co.,Ltd0.44%$0.2756.22%
688639.SSAnhui Huaheng Biotechnology Co., Ltd.0.44%$0.1418.91%
AMBU-B.COAmbu A/S0.44%$0.3828.41%
BPII.JKPT Batavia Prosperindo Internasional Tbk0.44%$2.2217.32%
FCP.LSFutebol Clube do Porto - Futebol, S.A.D.0.44%$0.022.05%
KBHL.COKøbenhavns Lufthavne A/S0.44%$29.7620.97%
MPARK.ISMLP Saglik Hizmetleri A.S.0.44%$1.676.39%
002016.SZGuangdong Shirongzhaoye Co., Ltd.0.43%$0.0314.72%
002209.SZGuangzhou Tech-Long Packaging Machinery Co.,Ltd.0.43%$0.0710.41%
002284.SZZhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd0.43%$0.0612.25%
041510.KQSM Entertainment Co., Ltd.0.43%$563.024.16%
047810.KSKorea Aerospace Industries, Ltd.0.43%$499.4835.55%
0NZY.LEckert & Ziegler Strahlen- und Medizintechnik AG0.43%$0.1726.23%
2418.HKDeewin Tianxia Co., Ltd0.43%$0.0468.23%
300341.SZMotic (Xiamen) Electric Group Co.,Ltd0.43%$0.0719.78%
300430.SZBeijing Chieftain Control Engineering Technology Co., Ltd.0.43%$0.0834.35%
300748.SZJL Mag Rare-Earth Co., Ltd.0.43%$0.1532.76%
300768.SZHangzhou DPtech Technologies Co.,Ltd.0.43%$0.0831.33%
300952.SZJiangsu Hanvo Safety Product Co., Ltd.0.43%$0.1730.16%
600570.SSHundsun Technologies Inc.0.43%$0.1323.49%
600644.SSLeshan Electric Power Co.,Ltd0.43%$0.0489.82%
600838.SSShanghai Join Buy Co.,Ltd.0.43%$0.0544.04%
601816.SSBeijing-Shanghai High-Speed Railway Co.,Ltd.0.43%$0.028.25%
603888.SSXinhuanet Co., Ltd.0.43%$0.0819.84%
603901.SSHangzhou Youngsun Intelligent Equipment Co., Ltd.0.43%$0.0643.84%
605208.SSShanghai Yongmaotai Automotive Technology Co., Ltd.0.43%$0.0637.04%
605288.SSChangZhou KAIDI Electrical Inc.0.43%$0.3961.87%
605298.SSJiangsu Bide Science and Technology Co., Ltd.0.43%$0.1740.89%
688398.SSFujian Supertech Advanced Material Co., Ltd.0.43%$0.0732.93%
688722.SSBeijing Tongyizhong New Material Technology Corporation0.43%$0.0813.41%
9545.SRInternational Human Resources Company0.43%$0.038.72%
CARERATING.BOCARE Ratings Limited0.43%$7.3214.43%
PTNMPitanium Limited0.43%$0.0439.07%
RRU.DERolls-Royce Holdings plc0.43%$0.066.75%
SUBC.OLSubsea 7 S.A.0.43%$0.8991.98%
TRGYO.ISTorunlar Gayrimenkul Yatirim Ortakligi AS0.43%$0.321.96%
000713.SZSDIC Fengle Seed Co., Ltd.0.42%$0.0333.87%
000948.SZYunnan Nantian Electronics Information Co.,Ltd.0.42%$0.0860.66%
002259.SZSichuan Shengda Forestry Industry Co., Ltd0.42%$0.0223.17%
002344.SZHaining China Leather Market Co.,Ltd0.42%$0.0233.20%
002399.SZShenzhen Hepalink Pharmaceutical Group Co., Ltd.0.42%$0.0517.39%
002670.SZGuosheng Securities Inc0.42%$0.0741.55%
003160.KSD.I Corporation0.42%$100.2218.13%
237690.KQST Pharm Co.,Ltd.0.42%$486.8627.31%