Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Willis Towers Watson Public Limited Company (0Y4Q.L)

Company Dividend Discount ModelIndustry: Insurance - BrokersSector: Financial Services

Valuation Snapshot

Stable Growth$506.20 - $1,439.66$790.46
Multi-Stage$569.03 - $624.66$596.32
Blended Fair Value$693.39
Current Price$344.22
Upside101.44%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.48%5.36%3.513.493.663.713.433.273.042.751.982.75
YoY Growth--0.57%-4.61%-1.34%8.09%5.17%7.52%10.47%39.20%-28.16%31.90%
Dividend Yield--1.04%1.29%1.58%1.58%1.49%2.12%1.72%1.82%1.29%1.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,116.00
(-) Cash Dividends Paid (M)358.00
(=) Cash Retained (M)1,758.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)423.20264.50158.70
Cash Retained (M)1,758.001,758.001,758.00
(-) Cash Required (M)-423.20-264.50-158.70
(=) Excess Retained (M)1,334.801,493.501,599.30
(/) Shares Outstanding (M)100.75100.75100.75
(=) Excess Retained per Share13.2514.8215.87
LTM Dividend per Share3.553.553.55
(+) Excess Retained per Share13.2514.8215.87
(=) Adjusted Dividend16.8018.3819.43
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate2.90%3.90%4.90%
Fair Value$506.20$790.46$1,439.66
Upside / Downside47.06%129.64%318.24%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,116.002,198.602,284.432,373.612,466.272,562.552,639.42
Payout Ratio16.92%31.53%46.15%60.77%75.38%90.00%92.50%
Projected Dividends (M)358.00693.331,054.291,442.381,859.172,306.292,441.47

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.32%6.32%6.32%
Growth Rate2.90%3.90%4.90%
Year 1 PV (M)645.84652.12658.40
Year 2 PV (M)914.82932.69950.73
Year 3 PV (M)1,165.851,200.171,235.16
Year 4 PV (M)1,399.811,455.021,511.85
Year 5 PV (M)1,617.531,697.671,780.95
PV of Terminal Value (M)51,586.0954,141.8056,797.82
Equity Value (M)57,329.9460,079.4762,934.90
Shares Outstanding (M)100.75100.75100.75
Fair Value$569.03$596.32$624.66
Upside / Downside65.31%73.24%81.47%

High-Yield Dividend Screener

« Prev Page 15 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
1908.HKC&D International Investment Group Limited7.31%$1.1225.81%
2529.HKHollwin Urban Operation Service Group Co., Ltd7.31%$0.2224.64%
BMOB3.SABemobi Mobile Tech S.A.7.31%$1.6192.50%
CAMB3.SACambuci S.A.7.30%$0.7245.75%
CIP.AXCenturia Industrial REIT7.30%$0.2484.35%
NEO.BKNeo Corporate PCL7.30%$1.3550.11%
QTC.BKQTC Energy Public Company Limited7.30%$0.2597.23%
WHATS.BRWhat's Cooking Group NV/SA7.29%$8.2032.94%
C5H.IRCairn Homes plc7.28%$0.1544.15%
DOHI.QADoha Insurance Group Q.P.S.C.7.28%$0.1946.40%
STRN.SWSchlatter Industries AG7.28%$1.5052.09%
HDN.AXHomeCo Daily Needs REIT7.27%$0.1062.96%
IPCM.JKPT Jasa Armada Indonesia Tbk7.27%$26.1977.38%
O39.SIOversea-Chinese Banking Corporation Limited7.27%$1.4449.91%
THIP.BKThantawan Industry Public Company Limited7.27%$1.6450.43%
C6L.SISingapore Airlines Limited7.26%$0.4745.79%
SAPPE.BKSappe Public Company Limited7.26%$2.2382.18%
QIP.AXQANTM Intellectual Property Limited7.25%$0.1392.42%
KUOA.MXGrupo KUO, S.A.B. de C.V.7.24%$4.3464.64%
OYY.SIPropNex Limited7.24%$0.1493.41%
7035.KLCCK Consolidated Holdings Berhad7.23%$0.0976.61%
SOGN.OLSogn Sparebank7.22%$20.0011.36%
0QN6.LSF Urban Properties AG7.21%$7.2563.89%
WBC.AXWestpac Banking Corporation7.21%$2.8174.44%
120110.KSKolon Industries, Inc.7.20%$3,060.7698.52%
MILS3.SAMills Locação, Serviços e Logística S.A.7.20%$1.0181.51%
UZU.DEUzin Utz AG7.20%$5.1146.82%
3296.TNIPPON REIT Investment Corporation7.19%$7,108.4763.73%
600035.SSHubei Chutian Smart Communication Co.,Ltd.7.19%$0.2866.74%
036460.KSKorea Gas Corporation7.17%$2,752.5029.13%
HABITAT.SNAdministradora de Fondos de Pensiones Habitat S.A.7.17%$110.0070.97%
ITUB3.SAItaú Unibanco Holding S.A.7.17%$2.6064.54%
SAMF.JKPT Saraswanti Anugerah Makmur, Tbk7.17%$22.2285.61%
0HM0.LVGP N.V.7.16%$7.0036.73%
VLS.AXVita Life Sciences Limited7.16%$0.1855.52%
CRBN.ASCorbion N.V.7.15%$1.3455.86%
0586.HKChina Conch Venture Holdings Limited7.14%$0.6929.51%
600011.SSHuaneng Power International, Inc.7.14%$0.5357.39%
IFII.JKPT Indonesia Fibreboard Industry Tbk7.14%$16.0070.24%
UNTR.JKPT United Tractors Tbk7.14%$2,150.1250.66%
4987.TWOGodex International Co., Ltd7.12%$5.1885.38%
2328.HKPICC Property and Casualty Company Limited7.11%$1.1842.87%
CXSE3.SACaixa Seguridade Participações S.A.7.11%$1.1880.41%
PUB.PAPublicis Groupe S.A.7.11%$6.2349.76%
600057.SSXiamen Xiangyu Co., Ltd.7.10%$0.6177.47%
MYPK3.SAIochpe-Maxion S.A.7.09%$0.7051.81%
PRM-R.BKPrima Marine Public Company Limited7.09%$0.4949.90%
601187.SSXiamen Bank Co., Ltd.7.08%$0.5252.74%
014130.KSHanexpress.Co., Ltd7.07%$213.2520.61%
0NY3.LSTEF S.a.7.07%$9.1944.77%