Definitive Analysis
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Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

TransUnion (TRU)

Company Dividend Discount ModelIndustry: Consulting ServicesSector: Industrials

Valuation Snapshot

Stable Growth$58.97 - $201.67$96.85
Multi-Stage$37.77 - $41.29$39.50
Blended Fair Value$68.18
Current Price$83.78
Upside-18.62%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.80%0.00%0.420.410.390.350.290.290.210.000.000.00
YoY Growth--1.10%5.14%11.46%21.18%1.41%36.54%0.00%0.00%0.00%0.00%
Dividend Yield--0.51%0.52%0.63%0.34%0.32%0.44%0.31%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)420.50
(-) Cash Dividends Paid (M)89.30
(=) Cash Retained (M)331.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)84.1052.5631.54
Cash Retained (M)331.20331.20331.20
(-) Cash Required (M)-84.10-52.56-31.54
(=) Excess Retained (M)247.10278.64299.66
(/) Shares Outstanding (M)197.25197.25197.25
(=) Excess Retained per Share1.251.411.52
LTM Dividend per Share0.450.450.45
(+) Excess Retained per Share1.251.411.52
(=) Adjusted Dividend1.711.871.97
WACC / Discount Rate8.55%8.55%8.55%
Growth Rate5.50%6.50%7.50%
Fair Value$58.97$96.85$201.67
Upside / Downside-29.61%15.60%140.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)420.50447.83476.94507.94540.96576.12593.41
Payout Ratio21.24%34.99%48.74%62.49%76.25%90.00%92.50%
Projected Dividends (M)89.30156.69232.47317.44412.47518.51548.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.55%8.55%8.55%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)142.99144.35145.71
Year 2 PV (M)193.60197.29201.01
Year 3 PV (M)241.25248.17255.23
Year 4 PV (M)286.06297.06308.38
Year 5 PV (M)328.17344.02360.48
PV of Terminal Value (M)6,258.246,560.526,874.36
Equity Value (M)7,450.327,791.418,145.16
Shares Outstanding (M)197.25197.25197.25
Fair Value$37.77$39.50$41.29
Upside / Downside-54.92%-52.85%-50.71%

High-Yield Dividend Screener

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