Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Primerica, Inc. (PRI)

Company Dividend Discount ModelIndustry: Insurance - LifeSector: Financial Services

Valuation Snapshot

Stable Growth$548.55 - $1,610.91$864.50
Multi-Stage$362.89 - $396.70$379.49
Blended Fair Value$621.99
Current Price$277.59
Upside124.07%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.38%15.58%3.402.822.522.251.941.731.331.081.000.99
YoY Growth--20.38%11.85%12.26%15.99%11.65%30.56%23.22%7.35%1.71%23.74%
Dividend Yield--1.19%1.12%1.46%1.64%1.31%1.96%1.06%1.12%1.22%2.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)721.26
(-) Cash Dividends Paid (M)132.97
(=) Cash Retained (M)588.29
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)144.2590.1654.09
Cash Retained (M)588.29588.29588.29
(-) Cash Required (M)-144.25-90.16-54.09
(=) Excess Retained (M)444.04498.13534.19
(/) Shares Outstanding (M)33.2333.2333.23
(=) Excess Retained per Share13.3614.9916.08
LTM Dividend per Share4.004.004.00
(+) Excess Retained per Share13.3614.9916.08
(=) Adjusted Dividend17.3718.9920.08
WACC / Discount Rate8.84%8.84%8.84%
Growth Rate5.50%6.50%7.50%
Fair Value$548.55$864.50$1,610.91
Upside / Downside97.61%211.43%480.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)721.26768.14818.07871.24927.88988.191,017.83
Payout Ratio18.44%32.75%47.06%61.37%75.69%90.00%92.50%
Projected Dividends (M)132.97251.56385.00534.72702.28889.37941.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.84%8.84%8.84%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)228.96231.13233.30
Year 2 PV (M)318.92325.00331.13
Year 3 PV (M)403.15414.73426.52
Year 4 PV (M)481.91500.45519.51
Year 5 PV (M)555.46582.29610.15
PV of Terminal Value (M)10,068.8410,555.1711,060.11
Equity Value (M)12,057.2512,608.7613,180.71
Shares Outstanding (M)33.2333.2333.23
Fair Value$362.89$379.49$396.70
Upside / Downside30.73%36.71%42.91%

High-Yield Dividend Screener

« Prev Page 131 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
OMU.JOOld Mutual Limited0.14%$2.0762.72%
RAVD.TARavad Ltd0.14%$0.7756.76%
SAWAD-R.BKSrisawad Corporation Public Company Limited0.14%$0.041.23%
SEQI.LSequoia Economic Infrastructure Income Fund Limited0.14%$0.1179.25%
SIM.COSimCorp A/S0.14%$1.0038.81%
000419.SZChangsha Tongcheng Holdings Co.Ltd0.13%$0.013.60%
000541.SZFoshan Electrical and Lighting Co.,Ltd0.13%$0.013.52%
000777.SZSUFA Technology Industry Co., Ltd. CNNC0.13%$0.035.83%
000893.SZAsia-potash International Investment (Guangzhou)Co.,Ltd.0.13%$0.063.17%
002338.SZChangchun UP Optotech Co.,Ltd.0.13%$0.0831.46%
002642.SZRonglian Group Ltd.0.13%$0.0128.71%
300132.SZFujian Green Pine Co., Ltd.0.13%$0.014.36%
600060.SSHisense Visual Technology Co., Ltd.0.13%$0.031.61%
600435.SSNorth Navigation Control Technology Co.,Ltd.0.13%$0.0211.74%
600522.SSJiangsu Zhongtian Technology Co., Ltd.0.13%$0.023.35%
600770.SSJiangsu Zongyi Co.,LTD0.13%$0.0118.40%
601138.SSFoxconn Industrial Internet Co., Ltd.0.13%$0.085.24%
603506.SSNacity Property Service Group Co., Ltd.0.13%$0.022.83%
688050.SSEyebright Medical Technology (Beijing) Co., Ltd.0.13%$0.084.28%
AKSEN.ISAksa Enerji Üretim A.S.0.13%$0.095.48%
ALPUL.PAPullup Entertainment S.A.0.13%$0.020.76%
BILN.LBillington Holdings Plc0.13%$0.4632.74%
BOTB.LBest of the Best PLC0.13%$0.6842.42%
BRIGHT.BOBright Outdoor Media Limited0.13%$0.523.81%
DGE.LDiageo plc0.13%$2.0472.90%
DNE.LDunedin Enterprise Investment Trust PLC0.13%$0.6344.26%
FMV.DEFirst Majestic Silver Corp.0.13%$0.0211.41%
HEXA-B.STHexagon AB (publ)0.13%$0.1440.77%
KIND-SDB.STKindred Group plc0.13%$0.1755.42%
LIV.LLivermore Investments Group Limited0.13%$0.0778.04%
MIRG.BAMirgor Sociedad Anónima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria0.13%$36.328.75%
MVI.LMarwyn Value Investors Limited0.13%$0.1742.72%
PANI.JKPT Pantai Indah Kapuk Dua Tbk0.13%$16.9745.84%
PHOENIXLTD.BOThe Phoenix Mills Limited0.13%$2.498.27%
SAC.JOS.A. Corporate Real Estate Limited0.13%$0.4766.31%
SPITZE.BOMaruti Interior Products Limit0.13%$0.254.25%
ZIG.LZigup Plc0.13%$0.5056.24%
000792.SZQinghai Salt Lake Industry Co.,Ltd0.12%$0.032.86%
000837.SZQinchuan Machine Tool & Tool Group Share Co., Ltd.0.12%$0.0234.52%
002167.SZGuangdong Orient Zirconic Ind Sci & Tech Co.,Ltd0.12%$0.024.63%
002230.SZiFLYTEK CO.,LTD0.12%$0.0616.22%
002969.SZJiamei Food Packaging (Chuzhou) Co.,Ltd0.12%$0.029.55%
0503.HKLansen Pharmaceutical Holdings Limited0.12%$0.003.97%
300221.SZGuangdong Silver Age Sci & Tech Co.,Ltd.0.12%$0.016.03%
300225.SZShanghai Kinlita Chemical Co., Ltd.0.12%$0.0110.40%
300491.SZShijiazhuang Tonhe Electronics Technologies Co.,Ltd.0.12%$0.0322.74%
301611.SZSuzhou Kematek Inc0.12%$0.1114.08%
600149.SSLangfang Development Co., Ltd.0.12%$0.0114.71%
600216.SSZhejiang Medicine Co., Ltd.0.12%$0.021.30%
600516.SSFangDa Carbon New Material Co.,Ltd0.12%$0.0160.88%