Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Antero Midstream Corporation (AM)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$7.14 - $10.36$8.70
Multi-Stage$12.98 - $14.20$13.58
Blended Fair Value$11.14
Current Price$19.44
Upside-42.68%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.47%0.00%0.900.900.890.971.221.030.180.070.000.00
YoY Growth--0.51%0.59%-8.14%-20.09%18.92%473.43%172.75%0.00%-100.00%0.00%
Dividend Yield--5.03%6.36%8.53%8.96%13.50%48.81%1.25%0.41%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)472.42
(-) Cash Dividends Paid (M)440.20
(=) Cash Retained (M)32.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)94.4859.0535.43
Cash Retained (M)32.2232.2232.22
(-) Cash Required (M)-94.48-59.05-35.43
(=) Excess Retained (M)-62.26-26.83-3.21
(/) Shares Outstanding (M)483.69483.69483.69
(=) Excess Retained per Share-0.13-0.06-0.01
LTM Dividend per Share0.910.910.91
(+) Excess Retained per Share-0.13-0.06-0.01
(=) Adjusted Dividend0.780.850.90
WACC / Discount Rate8.72%8.72%8.72%
Growth Rate-2.00%-1.00%0.00%
Fair Value$7.14$8.70$10.36
Upside / Downside-63.26%-55.23%-46.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)472.42467.70463.02458.39453.81449.27462.75
Payout Ratio93.18%92.54%91.91%91.27%90.64%90.00%92.50%
Projected Dividends (M)440.20432.83425.55418.38411.31404.34428.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.72%8.72%8.72%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)394.09398.11402.13
Year 2 PV (M)352.78360.02367.33
Year 3 PV (M)315.80325.56335.53
Year 4 PV (M)282.67294.39306.46
Year 5 PV (M)253.01266.19279.90
PV of Terminal Value (M)4,681.814,925.605,179.45
Equity Value (M)6,280.166,569.876,870.80
Shares Outstanding (M)483.69483.69483.69
Fair Value$12.98$13.58$14.20
Upside / Downside-33.21%-30.13%-26.93%

High-Yield Dividend Screener

« Prev Page 142 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
000676.SZGenimous Technology Co., Ltd.0.03%$0.002.13%
000681.SZVisual China Group Co.,Ltd.0.03%$0.014.98%
002177.SZGuangzhou Kingteller Technology Co.,Ltd.0.03%$0.0022.86%
002445.SZZhongnanhong Culture Group Co. Ltd. Class A0.03%$0.001.52%
002523.SZZhuzhou Tianqiao Crane Co., Ltd.0.03%$0.001.62%
002576.SZJiangsu Tongda Power Technology Co.,Ltd.0.03%$0.000.93%
0247.HKTsim Sha Tsui Properties Limited0.03%$0.010.27%
1256.TWSunjuice Holdings Co., Limited0.03%$0.040.46%
1729.HKTime Interconnect Technology Limited0.03%$0.011.66%
2115.TWLuhai Holding Corp.0.03%$0.010.32%
300114.SZZhonghang Electronic Measuring Instruments Co.,Ltd0.03%$0.0212.04%
300150.SZBeijing Century Real Technology Co.,Ltd0.03%$0.002.39%
300153.SZShanghai Cooltech Power Co., Ltd.0.03%$0.015.63%
300343.SZLecron Industrial Development Group Co., Ltd.0.03%$0.003.68%
300462.SZShanghai Huaming Intelligent Terminal Equipment Co., Ltd.0.03%$0.001.84%
300631.SZJiangSu JiuWu Hi-Tech Co., Ltd.0.03%$0.011.35%
301005.SZEssence Fastening Systems (Shanghai) Co., Ltd.0.03%$0.0442.05%
5273.KLChin Hin Group Berhad0.03%$0.002.15%
600557.SSJiangsu Kanion Pharmaceutical Co.,Ltd.0.03%$0.001.05%
600650.SSShanghai Jin Jiang Online Network Service Co., Ltd.0.03%$0.001.75%
600897.SSXiamen International Airport Co.,Ltd0.03%$0.000.46%
603718.SSShanghai Hile Bio-Technology Co., Ltd.0.03%$0.000.72%
603922.SSSuzhou Jin Hong Shun Auto Parts Co., Ltd.0.03%$0.016.14%
688082.SSACM Research (Shanghai), Inc.0.03%$0.061.58%
688234.SSSICC Co., Ltd.0.03%$0.0339.46%
688333.SSXi'an Bright Laser Technologies Co.,Ltd.0.03%$0.033.90%
7699.TOmni-Plus System Limited0.03%$0.2743.84%
AAS.Labrdn Asia Focus plc0.03%$0.1012.84%
ALW.LAlliance Witan Ord0.03%$0.4423.61%
ANCR.LAnimalcare Group plc0.03%$0.0816.15%
AVIV.TAMordechai Aviv Taasiot Beniyah (1973) Ltd.0.03%$0.5342.92%
BKFR.TABait Bakfar Ltd0.03%$0.4326.09%
BSV.LBritish Smaller Companies VCT plc0.03%$0.0242.50%
BUT.LThe Brunner Investment Trust PLC0.03%$0.4114.61%
CCJI.LCC Japan Income & Growth Trust plc0.03%$0.0713.56%
CEY.LCentamin plc0.03%$0.0454.65%
CHAM.SWCham Swiss Properties AG0.03%$0.010.25%
CHRT.LCohort plc0.03%$0.2934.93%
CMCX.LCMC Markets plc0.03%$0.0815.59%
DOTD.Ldotdigital Group Plc0.03%$0.0225.51%
EXPN.LExperian plc0.03%$1.1444.28%
FAN.LVolution Group plc0.03%$0.1842.00%
FFB.JOFortress REIT Limited0.03%$0.7014.03%
FRAN.LFranchise Brands plc0.03%$0.0556.44%
GAZA.MEPJSC GAZ0.03%$0.160.10%
GSCT.LThe Global Smaller Companies Trust Plc0.03%$0.053.77%
GSFI.TAGan Shmuel Foods Ltd.0.03%$0.8458.60%
ILDC.TALand Development of Nimrodi Group Ltd0.03%$1.4045.43%
JD.LJD Sports Fashion plc0.03%$0.0315.92%
JDG.LJudges Scientific plc0.03%$1.8147.10%