Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DTE Energy Company JR SUB DB 2017 E (DTW)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$83.47 - $177.35$118.59
Multi-Stage$215.60 - $237.17$226.17
Blended Fair Value$172.38
Current Price$141.43
Upside21.89%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.32%5.14%3.753.633.313.823.673.342.992.862.562.42
YoY Growth--3.19%9.78%-13.40%4.08%9.83%11.61%4.73%11.49%5.99%6.60%
Dividend Yield--2.71%3.28%3.02%2.89%3.24%4.14%2.84%3.22%2.95%3.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)968.01
(-) Cash Dividends Paid (M)844.00
(=) Cash Retained (M)124.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)193.60121.0072.60
Cash Retained (M)124.01124.01124.01
(-) Cash Required (M)-193.60-121.00-72.60
(=) Excess Retained (M)-69.593.0151.41
(/) Shares Outstanding (M)207.04207.04207.04
(=) Excess Retained per Share-0.340.010.25
LTM Dividend per Share4.084.084.08
(+) Excess Retained per Share-0.340.010.25
(=) Adjusted Dividend3.744.094.32
WACC / Discount Rate4.81%4.81%4.81%
Growth Rate0.32%1.32%2.32%
Fair Value$83.47$118.59$177.35
Upside / Downside-40.98%-16.15%25.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)968.01980.77993.691,006.791,020.051,033.491,064.50
Payout Ratio87.19%87.75%88.31%88.88%89.44%90.00%92.50%
Projected Dividends (M)844.00860.64877.56894.79912.31930.15984.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.81%4.81%4.81%
Growth Rate0.32%1.32%2.32%
Year 1 PV (M)813.01821.12829.22
Year 2 PV (M)783.13798.82814.67
Year 3 PV (M)754.32777.10800.34
Year 4 PV (M)726.53755.94786.23
Year 5 PV (M)699.74735.32772.33
PV of Terminal Value (M)40,861.7242,939.3445,100.63
Equity Value (M)44,638.4546,827.6449,103.42
Shares Outstanding (M)207.04207.04207.04
Fair Value$215.60$226.17$237.17
Upside / Downside52.44%59.92%67.69%

High-Yield Dividend Screener

« Prev Page 124 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603106.SSCashway Fintech Co.,Ltd.0.28%$0.0316.66%
603111.SSNanjing Kangni Mechanical & Electrical Co.,Ltd0.28%$0.024.42%
605108.SSTongqinglou Catering Co., Ltd.0.28%$0.0530.22%
688630.SSCircuit Fabology Microelectronics Equipment Co.,Ltd.0.28%$0.3723.88%
688700.SSKunshan Dongwei Technology Co.,Ltd.0.28%$0.1034.56%
9252.TLast One Mile Co.,Ltd.0.28%$11.094.66%
BGSIBoyd Group Services Inc.0.28%$0.4458.23%
CIGIColliers International Group Inc.0.28%$0.4112.97%
001223.SZOK Science and Technology Co., Ltd.0.27%$0.1318.10%
002365.SZQianjiang Yongan Pharmaceutical Co., Ltd.0.27%$0.0446.52%
101160.KQWorldex Industry & Trading Co., Ltd.0.27%$60.013.31%
300008.SZBestway Marine & Energy Technology Co.,Ltd0.27%$0.0212.60%
300083.SZGuangdong Create Century Intelligent Equipment Group Corporation Limited0.27%$0.0210.50%
300346.SZJiangsu Nata Opto-electronic Material Co., Ltd.0.27%$0.1226.27%
300843.SZShenglan Technology Co., Ltd.0.27%$0.1419.25%
300882.SZZhejiang Wellsun Intelligent Technology Co.,Ltd.0.27%$0.058.19%
600363.SSJiangxi Lianchuang Opto-Electronic Science&Technology Co.,Ltd0.27%$0.1725.58%
600366.SSNingbo Yunsheng Co., Ltd.0.27%$0.0413.40%
600456.SSBaoji Titanium Industry Co., Ltd.0.27%$0.1114.77%
601218.SSJiangsu JIXIN Wind Energy Technology Co., Ltd.0.27%$0.0112.28%
605268.SSWangli Security & Surveillance Product Co., Ltd0.27%$0.037.19%
688182.SSJiangsu Cai Qin Technology Co., Ltd0.27%$0.0834.37%
688329.SSSuzhou Iron Technology CO.,LTD.0.27%$0.0650.64%
688618.SS3onedata Co., Ltd.0.27%$0.0721.88%
688690.SSSuzhou Nanomicro Technology Co., Ltd.0.27%$0.0719.10%
DELTA-R.BKDelta Electronics (Thailand) Public Company Limited0.27%$0.4629.11%
NVS.JONovus Holdings Limited0.27%$1.5485.07%
ONEX.TOOnex Corporation0.27%$0.304.84%
RUSTOMJEE.BOKeystone Realtors Limited0.27%$1.4818.36%
SMDS.LDS Smith Plc0.27%$1.5560.43%
SMKM.JKPT Sumber Mas Konstruksi Tbk0.27%$0.5019.42%
000096.SZShenzhen Guangju Energy Co., Ltd.0.26%$0.0322.97%
000156.SZWasu Media Holding Co.,Ltd0.26%$0.026.88%
000410.SZShenyang Machine Tool Co., Ltd.0.26%$0.0222.24%
000530.SZBingshan Refrigeration & Heat Transfer Technologies Co., Ltd.0.26%$0.0215.08%
002270.SZHuaming Power Equipment Co.,Ltd0.26%$0.078.20%
002952.SZYes Optoelectronics (Group) Co., Ltd.0.26%$0.0565.79%
1051.HKG-Resources Group Limited0.26%$0.0311.60%
298040.KSHyosung Heavy Industries Corporation0.26%$4,837.3112.67%
300102.SZXiamen Changelight Co., Ltd.0.26%$0.0747.47%
300468.SZShenzhen Forms Syntron Information Co., Ltd.0.26%$0.1064.92%
300540.SZSichuan Shudao Equipment & Technology Co.,Ltd.0.26%$0.0517.27%
300759.SZPharmaron Beijing Co., Ltd.0.26%$0.078.57%
301138.SZGuangzhou Huayan Precision Machinery Co.,Ltd.0.26%$0.1010.17%
600186.SSLotus Health Group Company0.26%$0.029.43%
600195.SSChina Animal Husbandry Industry Co., Ltd.0.26%$0.029.84%
600731.SSHunan Haili Chemical Industry Co., Ltd.0.26%$0.023.68%
601020.SSTibet Huayu Mining Co., Ltd.0.26%$0.076.36%
603657.SSJinhua Chunguang Technology Co.,Ltd0.26%$0.0872.25%
688018.SSEspressif Systems (Shanghai) Co., Ltd.0.26%$0.4414.89%