Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Codan Limited (CDA.AX)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$171.45 - $201.99$189.30
Multi-Stage$137.30 - $150.68$143.87
Blended Fair Value$166.58
Current Price$20.11
Upside728.35%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS10.50%23.68%0.240.200.240.290.210.150.150.110.100.04
YoY Growth--22.67%-16.60%-18.52%37.50%43.75%0.47%37.16%10.55%150.27%33.35%
Dividend Yield--1.22%1.69%2.97%4.21%1.18%2.09%4.16%3.59%4.16%3.30%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)184.88
(-) Cash Dividends Paid (M)58.02
(=) Cash Retained (M)126.86
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36.9823.1113.87
Cash Retained (M)126.86126.86126.86
(-) Cash Required (M)-36.98-23.11-13.87
(=) Excess Retained (M)89.88103.75112.99
(/) Shares Outstanding (M)182.03182.03182.03
(=) Excess Retained per Share0.490.570.62
LTM Dividend per Share0.320.320.32
(+) Excess Retained per Share0.490.570.62
(=) Adjusted Dividend0.810.890.94
WACC / Discount Rate-1.02%-1.02%-1.02%
Growth Rate5.50%6.50%7.50%
Fair Value$171.45$189.30$201.99
Upside / Downside752.55%841.31%904.44%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)184.88196.90209.70223.33237.84253.30260.90
Payout Ratio31.38%43.11%54.83%66.55%78.28%90.00%92.50%
Projected Dividends (M)58.0284.88114.98148.63186.17227.97241.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-1.02%-1.02%-1.02%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)84.9485.7586.55
Year 2 PV (M)115.15117.35119.56
Year 3 PV (M)148.98153.25157.61
Year 4 PV (M)186.75193.93201.32
Year 5 PV (M)228.86239.91251.39
PV of Terminal Value (M)24,226.8725,397.0326,611.98
Equity Value (M)24,991.5426,187.2227,428.41
Shares Outstanding (M)182.03182.03182.03
Fair Value$137.30$143.87$150.68
Upside / Downside582.73%615.39%649.30%

High-Yield Dividend Screener

« Prev Page 14 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
UVSPUnivest Financial Corporation2.69%$0.8728.95%
VBTXVeritex Holdings, Inc.2.69%$0.8138.53%
CBTCabot Corporation2.68%$1.8029.00%
PKOHPark-Ohio Holdings Corp.2.68%$0.5633.19%
WINAWinmark Corporation2.68%$10.7696.24%
CHCOCity Holding Company2.67%$3.2036.27%
IDAIDACORP, Inc.2.67%$3.4058.98%
LFVNLifeVantage Corporation2.67%$0.1618.67%
MMM3M Company2.67%$4.3168.77%
MSEXMiddlesex Water Company2.67%$1.3456.69%
ONBOld National Bancorp2.67%$0.6035.48%
0HQU.LCF Industries Holdings, Inc.2.66%$2.0724.22%
MGYMagnolia Oil & Gas Corporation2.66%$0.6032.28%
PEBKPeoples Bancorp of North Carolina, Inc.2.66%$0.9530.99%
GSBCGreat Southern Bancorp, Inc.2.65%$1.6326.64%
HDThe Home Depot, Inc.2.65%$9.1562.39%
MVBFMVB Financial Corp.2.65%$0.6827.31%
PPGPPG Industries, Inc.2.65%$2.7662.85%
TWMIXAmerican Century Emerging Markets Investor Class2.64%$0.4076.80%
0M2A.LAdeia Inc.2.63%$0.3553.29%
ALLYAlly Financial Inc.2.63%$1.2059.56%
FRAFFranklin Financial Services Corporation2.63%$1.2836.88%
LEALear Corporation2.63%$3.1237.81%
VHIValhi, Inc.2.63%$0.3249.46%
FHIFederated Hermes, Inc.2.62%$1.3727.23%
MKCMcCormick & Company, Incorporated2.62%$1.7661.04%
SLBSLB N.V.2.62%$1.0542.94%
BAHBooz Allen Hamilton Holding Corporation2.61%$2.2233.15%
GILDGilead Sciences, Inc.2.61%$3.1849.10%
AWRAmerican States Water Company2.60%$1.8855.89%
CBANColony Bankcorp, Inc.2.59%$0.4628.75%
MDUMDU Resources Group, Inc.2.59%$0.5162.41%
PLBCPlumas Bancorp2.59%$1.1427.38%
CRD-ACrawford & Company2.58%$0.2843.18%
WBSWebster Financial Corporation2.57%$1.6429.21%
FANGDiamondback Energy, Inc.2.56%$3.9026.98%
JEFJefferies Financial Group Inc.2.56%$1.6349.77%
UNHUnitedHealth Group Incorporated2.56%$8.6044.61%
DOXAmdocs Limited2.55%$2.0439.68%
DVNDevon Energy Corporation2.55%$0.9622.55%
TGNATEGNA Inc.2.55%$0.4923.26%
CFFIC&F Financial Corporation2.54%$1.8022.24%
MTHMeritage Homes Corporation2.54%$1.6821.92%
DTMDT Midstream, Inc.2.52%$3.0477.42%
LEVILevi Strauss & Co.2.52%$0.5234.78%
NFGNational Fuel Gas Company2.52%$2.0736.34%
AMNBAmerican National Bankshares Inc.2.51%$1.2048.76%
HIMYXPioneer High Income Municipal Fund Class Y2.51%$0.1481.31%
ACNBACNB Corporation2.50%$1.1837.66%
FMBHFirst Mid Bancshares, Inc.2.50%$0.9626.52%