Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Signify N.V. (LIGHT.AS)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$20.50 - $30.57$25.29
Multi-Stage$34.36 - $37.63$35.97
Blended Fair Value$30.63
Current Price$22.30
Upside37.35%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.15%1.00%1.761.671.482.750.141.301.361.260.084.98
YoY Growth--5.24%12.90%-46.24%1,935.29%-89.63%-4.09%8.23%1,480.00%-98.40%213.00%
Dividend Yield--8.81%5.89%4.83%6.48%0.31%7.37%5.55%4.12%0.30%22.62%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)312.00
(-) Cash Dividends Paid (M)218.00
(=) Cash Retained (M)94.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)62.4039.0023.40
Cash Retained (M)94.0094.0094.00
(-) Cash Required (M)-62.40-39.00-23.40
(=) Excess Retained (M)31.6055.0070.60
(/) Shares Outstanding (M)125.80125.80125.80
(=) Excess Retained per Share0.250.440.56
LTM Dividend per Share1.731.731.73
(+) Excess Retained per Share0.250.440.56
(=) Adjusted Dividend1.982.172.29
WACC / Discount Rate8.58%8.58%8.58%
Growth Rate-1.00%0.00%1.00%
Fair Value$20.50$25.29$30.57
Upside / Downside-8.06%13.42%37.07%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)312.00312.01312.02312.03312.04312.05321.42
Payout Ratio69.87%73.90%77.92%81.95%85.97%90.00%92.50%
Projected Dividends (M)218.00230.57243.14255.71268.28280.85297.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.58%8.58%8.58%
Growth Rate-1.00%0.00%1.00%
Year 1 PV (M)210.22212.34214.46
Year 2 PV (M)202.11206.21210.36
Year 3 PV (M)193.80199.73205.78
Year 4 PV (M)185.38192.98200.82
Year 5 PV (M)176.94186.06195.55
PV of Terminal Value (M)3,354.383,527.253,707.17
Equity Value (M)4,322.834,524.574,734.14
Shares Outstanding (M)125.80125.80125.80
Fair Value$34.36$35.97$37.63
Upside / Downside54.09%61.28%68.75%

High-Yield Dividend Screener

« Prev Page 135 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
CGI.LCanadian General Investments, Limited0.08%$2.0312.08%
CTA.JOCapital Appreciation Limited0.08%$0.1339.94%
DLEA.TADelek Automotive Systems Ltd.0.08%$1.9991.34%
FLK.LFletcher King Plc0.08%$0.032.53%
GMTD.JKPT Gowa Makassar Tourism Development Tbk0.08%$2.309.77%
GRG.LGreggs plc0.08%$1.3047.22%
GRUMAB.MXGruma, S.A.B. de C.V.0.08%$0.2616.98%
HFT.BKHwa Fong Rubber (Thailand) Public Company Limited0.08%$0.000.82%
HLCL.LHelical plc0.08%$0.1534.17%
HSM.LSamuel Heath & Sons plc0.08%$0.2636.99%
INCH.LInchcape plc0.08%$0.6437.01%
JEL.LJersey Electricity plc0.08%$0.4052.99%
KETL.LStrix Group Plc0.08%$0.0461.18%
KGF.LKingfisher plc0.08%$0.2585.28%
LUDN.TALudan Engineering Co. Ltd0.08%$1.0564.73%
MATE.LJPMorgan Multi-Asset Growth & Income plc0.08%$0.0887.13%
MLHK.PAH&K AG0.08%$0.033.47%
PNS.LPanther Securities PLC0.08%$0.2437.70%
TET.LTreatt plc0.08%$0.1644.44%
VGIL.BOVeer Global Infraconstruction0.08%$0.095.66%
W7L.LWarpaint London PLC0.08%$0.1640.16%
WBO.JOWilson Bayly Holmes-Ovcon Limited0.08%$12.9530.96%
WTB.LWhitbread plc0.08%$1.9871.50%
000533.SZGuangdong Shunna Electric Co., Ltd0.07%$0.013.89%
001215.SZZhengzhou Qianweiyangchu Food Co., Ltd.0.07%$0.034.68%
002264.SZNew Huadu Technology Co., Ltd.0.07%$0.011.72%
002549.SZHunan Kaimeite Gases Co., Ltd.0.07%$0.0218.10%
002792.SZTongyu Communication Inc.0.07%$0.0396.96%
0RPS.LMedicover AB (publ)0.07%$0.1551.84%
1221.HKSino Hotels (Holdings) Limited0.07%$0.000.69%
300238.SZGuanhao Biotech Co.,Ltd.0.07%$0.0110.32%
300402.SZNanjing Baose Co., Ltd.0.07%$0.015.88%
300502.SZEoptolink Technology Inc., Ltd.0.07%$0.324.24%
301010.SZJiangsu Jingxue Insulation Technology Co.,Ltd.0.07%$0.017.44%
600198.SSDatang Telecom Technology Co., Ltd.0.07%$0.0112.15%
600249.SSLiuzhou Liangmianzhen Co., Ltd.0.07%$0.0010.39%
600345.SSWuHan Yangtze Communication Industry GroupCo.,Ltd0.07%$0.036.02%
600382.SSGuangdong Mingzhu Group Co.,Ltd0.07%$0.001.47%
600455.SSBut'one Information Corporation,Xi'an0.07%$0.022.76%
600479.SSZhuZhou QianJin Pharmaceutical Co.,Ltd0.07%$0.011.24%
600616.SSShanghai Jinfeng Wine Company Limited0.07%$0.0010.12%
600662.SSShanghai Foreign Service Holding Group CO.,Ltd.0.07%$0.000.67%
603229.SSZhejiang Ausun Pharmaceutical Co., Ltd.0.07%$0.013.01%
603256.SSGrace Fabric Technology Co.,Ltd.0.07%$0.0314.50%
603662.SSKeli Sensing Technology (Ningbo) Co.,Ltd.0.07%$0.054.21%
603728.SSShanghai MOONS' Electric Co.,Ltd.0.07%$0.0526.92%
605566.SSHangzhou Flariant Co., Ltd.0.07%$0.029.13%
688065.SSCathay Biotech Inc.0.07%$0.044.46%
688313.SSHenan Shijia Photons Technology Co., Ltd.0.07%$0.068.67%
AJAXENGG.BOAJAX Engineering Limited0.07%$0.391.78%