Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Stepan Company (SCL)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$24.52 - $41.68$31.98
Multi-Stage$35.82 - $39.20$37.48
Blended Fair Value$34.73
Current Price$47.70
Upside-27.19%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.01%8.24%1.481.441.341.231.111.010.910.830.760.71
YoY Growth--3.29%7.51%8.87%10.54%9.99%10.74%10.31%9.11%6.31%5.93%
Dividend Yield--2.69%1.62%1.30%1.24%0.87%1.14%1.03%0.99%0.96%1.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)45.24
(-) Cash Dividends Paid (M)34.76
(=) Cash Retained (M)10.49
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)9.055.663.39
Cash Retained (M)10.4910.4910.49
(-) Cash Required (M)-9.05-5.66-3.39
(=) Excess Retained (M)1.444.837.09
(/) Shares Outstanding (M)22.8922.8922.89
(=) Excess Retained per Share0.060.210.31
LTM Dividend per Share1.521.521.52
(+) Excess Retained per Share0.060.210.31
(=) Adjusted Dividend1.581.731.83
WACC / Discount Rate7.77%7.77%7.77%
Growth Rate1.24%2.24%3.24%
Fair Value$24.52$31.98$41.68
Upside / Downside-48.60%-32.95%-12.62%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)45.2446.2647.2948.3549.4450.5552.06
Payout Ratio76.82%79.46%82.09%84.73%87.36%90.00%92.50%
Projected Dividends (M)34.7636.7538.8240.9743.1945.4948.16

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.77%7.77%7.77%
Growth Rate1.24%2.24%3.24%
Year 1 PV (M)33.7734.1034.44
Year 2 PV (M)32.7833.4334.09
Year 3 PV (M)31.7832.7333.70
Year 4 PV (M)30.7832.0233.29
Year 5 PV (M)29.7931.2932.85
PV of Terminal Value (M)661.13694.43729.06
Equity Value (M)820.03858.00897.42
Shares Outstanding (M)22.8922.8922.89
Fair Value$35.82$37.48$39.20
Upside / Downside-24.91%-21.43%-17.82%

High-Yield Dividend Screener

« Prev Page 128 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
STVG.LSTV Group plc0.20%$0.2285.00%
000993.SZFujian Mindong Electric Power Limited Company0.19%$0.024.94%
002392.SZBeijing Lier High-temperature Materials Co.,Ltd.0.19%$0.014.71%
0975.HKMongolian Mining Corporation0.19%$0.026.64%
300079.SZSumavision Technologies Co.,Ltd.0.19%$0.0153.51%
300353.SZKyland Technology Co., Ltd.0.19%$0.0458.28%
300576.SZShenzhen RongDa Photosensitive Science & Technology Co., Ltd.0.19%$0.0723.64%
300805.SZGuangdong Brandmax Marketing Co.,Ltd.0.19%$0.0220.44%
300913.SZZhejiang Zhaolong Interconnect Technology Co., Limited0.19%$0.1015.47%
600530.SSShanghai Jiaoda Onlly Co.,Ltd0.19%$0.0137.87%
600619.SSShanghai Highly (Group) Co., Ltd.0.19%$0.0492.50%
600825.SSShanghai Xinhua Media Co., Ltd.0.19%$0.0128.97%
601007.SSJinling Hotel Corporation, Ltd.0.19%$0.0118.36%
603869.SSENC Digital Technology Co., Ltd0.19%$0.0226.36%
603966.SSEurocrane (China) Co., Ltd.0.19%$0.023.95%
688305.SSKEDE Numerical Control Co., Ltd.0.19%$0.1212.52%
DOL.TODollarama Inc.0.19%$0.388.45%
GAZT.MEPublic Joint-Stock Company GAZ-Tek0.19%$3.3594.82%
LAHOTIOV.BOLahoti Overseas Limited0.19%$0.102.87%
PRIMEFRESH.BOPrime Fresh Ltd.0.19%$0.483.62%
QRS.WAQuercus TFI S.A.0.19%$0.022.03%
SUPERSHAKT.BOSupershakti Metaliks Limited0.19%$0.501.85%
VTAS.LVolta Finance Limited0.19%$1.1142.95%
WGX.AXWestgold Resources Limited0.19%$0.018.20%
000570.SZChangchai Company, Limited0.18%$0.0142.48%
000831.SZChina Minmetals Rare Earth Co., Ltd.0.18%$0.0880.93%
000888.SZEmei Shan Tourism Co.,Ltd0.18%$0.025.59%
001202.SZGuangdong Jushen Logistics Co., Ltd.0.18%$0.036.34%
002148.SZBeijing Bewinner Communications Co., Ltd.0.18%$0.0272.36%
002933.SZBeijing Emerging Eastern Aviation Equipment Co., Ltd.0.18%$0.0724.64%
058610.KQSPG Co., Ltd.0.18%$150.4527.80%
300069.SZJinlihua Electric Co., Ltd.0.18%$0.0315.98%
301209.SZLongkou Union Chemical Co., Ltd.0.18%$0.2037.48%
3450.TWElite Advanced Laser Corporation0.18%$0.509.12%
600230.SSCangzhou Dahua Co., Ltd.0.18%$0.0321.03%
600620.SSShanghai Tianchen Co.,Ltd0.18%$0.0112.62%
603200.SSShanghai Emperor of Cleaning Hi-Tech Co., Ltd0.18%$0.1320.05%
603268.SSGuangdong Songfa Ceramics Co.,Ltd.0.18%$0.1510.52%
603306.SSHMT (Xiamen) New Technical Materials Co., Ltd0.18%$0.1113.64%
603960.SSShanghai Kelai Mechatronics Engineering Co.,Ltd.0.18%$0.0421.20%
603988.SSSEC Electric Machinery Co., Ltd.0.18%$0.0423.72%
605133.SSJiangsu Rongtai Industry Co., Ltd.0.18%$0.069.33%
6067.TImpact HD Inc.0.18%$8.2552.45%
688268.SSGuangdong Huate Gas Co., Ltd0.18%$0.107.26%
CENTURYTEX.BOCentury Textiles and Industries Limited0.18%$4.9657.21%
CMH.JOCombined Motor Holdings Limited0.18%$6.3570.53%
FIGE3.SAInvestimentos Bemge S.A.0.18%$0.040.86%
FLOT.MEPAO Sovcomflot0.18%$0.1413.00%
JARR.JKPT Jhonlin Agro Raya Tbk0.18%$5.6515.65%
MAREL.ASMarel hf.0.18%$0.0154.66%