Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Artesian Resources Corporation (ARTNA)

Company Dividend Discount ModelIndustry: Regulated WaterSector: Utilities

Valuation Snapshot

Stable Growth$67.58 - $316.79$119.27
Multi-Stage$70.48 - $77.29$73.82
Blended Fair Value$96.55
Current Price$32.60
Upside196.15%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.93%4.93%1.181.091.000.950.910.880.860.820.790.76
YoY Growth--8.24%8.94%5.02%4.80%2.78%3.44%3.80%3.86%4.72%3.83%
Dividend Yield--3.62%2.96%1.81%1.96%2.31%2.37%2.36%2.26%2.44%2.71%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)22.53
(-) Cash Dividends Paid (M)12.55
(=) Cash Retained (M)9.99
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.512.821.69
Cash Retained (M)9.999.999.99
(-) Cash Required (M)-4.51-2.82-1.69
(=) Excess Retained (M)5.487.178.30
(/) Shares Outstanding (M)10.3110.3110.31
(=) Excess Retained per Share0.530.700.80
LTM Dividend per Share1.221.221.22
(+) Excess Retained per Share0.530.700.80
(=) Adjusted Dividend1.751.912.02
WACC / Discount Rate5.92%5.92%5.92%
Growth Rate3.25%4.25%5.25%
Fair Value$67.58$119.27$316.79
Upside / Downside107.29%265.86%871.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)22.5323.4924.4925.5326.6127.7428.57
Payout Ratio55.68%62.54%69.41%76.27%83.14%90.00%92.50%
Projected Dividends (M)12.5514.6917.0019.4722.1224.9726.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.92%5.92%5.92%
Growth Rate3.25%4.25%5.25%
Year 1 PV (M)13.7413.8714.00
Year 2 PV (M)14.8615.1515.44
Year 3 PV (M)15.9216.3816.86
Year 4 PV (M)16.9117.5818.26
Year 5 PV (M)17.8518.7319.64
PV of Terminal Value (M)647.28679.24712.45
Equity Value (M)726.55760.95796.66
Shares Outstanding (M)10.3110.3110.31
Fair Value$70.48$73.82$77.29
Upside / Downside116.21%126.45%137.07%

High-Yield Dividend Screener

« Prev Page 119 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
003350.KSHankook Cosmetics Manufacturing Co., Ltd0.39%$200.002.82%
069620.KSDaewoong pharmaceutical Co.,Ltd0.39%$639.609.80%
2442.TWJean Co.,Ltd0.39%$0.1012.79%
300354.SZDongHua Testing Technology Co. , Ltd.0.39%$0.1819.89%
300707.SZVT Industrial Technology Co.,Ltd0.39%$0.0648.39%
3397.TTORIDOLL Holdings Corporation0.39%$16.4331.03%
AIX2.FAixtron Se0.39%$0.1615.58%
GDG.AXGeneration Development Group Limited0.39%$0.023.79%
ISUR.MCInmobiliaria del Sur, S.A.0.39%$0.0639.75%
002128.SZInner Mongolia Dian Tou Energy Corporation Limited0.38%$0.114.74%
002364.SZHangzhou Zhongheng Electric Co., Ltd0.38%$0.1058.42%
002570.SZBeingmate Co., Ltd.0.38%$0.0220.08%
002636.SZGoldenmax International Technology Ltd.0.38%$0.0641.65%
1855.HKZonqing Environmental Limited0.38%$0.002.43%
300886.SZAnhui Hyea Aromas Co., Ltd.0.38%$0.1025.58%
301168.SZJiangsu TongLin Electric Co.,Ltd.0.38%$0.1846.40%
5401.KLTropicana Corporation Berhad0.38%$0.005.70%
600255.SSAnhui Xinke New Materials Co.,Ltd0.38%$0.0162.22%
600460.SSHangzhou Silan Microelectronics Co., Ltd0.38%$0.1133.03%
600507.SSFangda Special Steel Technology Co., Ltd.0.38%$0.026.00%
600684.SSGuangzhou Pearl River Development Group Co., Ltd.0.38%$0.0240.70%
603171.SSServyou Software Group Co., Ltd.0.38%$0.2179.32%
688309.SSNiutech Environment Technology Corporation0.38%$0.0922.96%
688315.SSNovogene Co., Ltd.0.38%$0.0511.56%
688578.SSShanghai Allist Pharmaceuticals Co., Ltd.0.38%$0.409.08%
7191.TEntrust Inc.0.38%$4.486.85%
IMPPImperial Petroleum Inc.0.38%$0.011.28%
VIH1.DEVIB Vermögen AG0.38%$0.042.85%
002040.SZNanjing Port Co., Ltd.0.37%$0.0410.56%
002497.SZSichuan Yahua Industrial Group Co., Ltd.0.37%$0.0923.46%
002553.SZJiangsu NanFang Precision Co.,Ltd.0.37%$0.1010.30%
1258.HKChina Nonferrous Mining Corporation Limited0.37%$0.0629.37%
300403.SZHanyu Group Joint-Stock Co., Ltd.0.37%$0.0514.20%
300425.SZCscec Scimee Sci.&Tech. Co.,Ltd0.37%$0.0220.23%
300445.SZBeijing ConST Instruments Technology Inc.0.37%$0.1015.61%
300549.SZJouder Precision Industry (Kunshan) Co., Ltd.0.37%$0.0796.31%
300785.SZBeijing Zhidemai Technology Co., Ltd.0.37%$0.1638.45%
301608.SZShenzhen Boshijie Technology Co Ltd0.37%$0.3413.54%
3563.TFood & Life Companies Ltd.0.37%$29.5214.77%
5211.KLSunway Berhad0.37%$0.0212.24%
600420.SSShanghai Shyndec Pharmaceutical Co., Ltd.0.37%$0.045.33%
600671.SSHangzhou TianMuShan Pharmaceutical Enterprise Co.,Ltd0.37%$0.0623.74%
600764.SSChina Marine Information Electronics Company Limited0.37%$0.1030.43%
601766.SSCRRC Corporation Limited0.37%$0.034.85%
603002.SSEpoxy Base Electronic Material Corporation Limited0.37%$0.0381.64%
603009.SSShanghai Beite Technology Co., Ltd.0.37%$0.1858.70%
603363.SSFujian Aonong Biological Technology Group Incorporation Limited0.37%$0.022.43%
6545.Tinternet infinity Inc.0.37%$2.405.26%
688028.SSBeijing Worldia Diamond Tools Co.,Ltd.0.37%$0.2438.20%
688285.SSChina Railway High-speed Electrification Equipment Corporation Limited0.37%$0.0320.73%