Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Medtronic plc (2M6.DE)

Company Dividend Discount ModelIndustry: Medical - DevicesSector: Healthcare

Valuation Snapshot

Stable Growth$57.78 - $110.07$78.84
Multi-Stage$72.55 - $79.35$75.88
Blended Fair Value$77.36
Current Price$93.42
Upside-17.19%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS4.40%10.38%2.792.852.812.632.422.252.091.941.851.66
YoY Growth---2.10%1.38%6.89%8.43%7.81%7.46%7.98%4.97%11.08%59.99%
Dividend Yield--3.07%3.53%3.20%2.83%1.85%2.38%2.02%2.16%2.18%1.89%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,764.00
(-) Cash Dividends Paid (M)3,614.00
(=) Cash Retained (M)1,150.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)952.80595.50357.30
Cash Retained (M)1,150.001,150.001,150.00
(-) Cash Required (M)-952.80-595.50-357.30
(=) Excess Retained (M)197.20554.50792.70
(/) Shares Outstanding (M)1,287.131,287.131,287.13
(=) Excess Retained per Share0.150.430.62
LTM Dividend per Share2.812.812.81
(+) Excess Retained per Share0.150.430.62
(=) Adjusted Dividend2.963.243.42
WACC / Discount Rate7.65%7.65%7.65%
Growth Rate2.40%3.40%4.40%
Fair Value$57.78$78.84$110.07
Upside / Downside-38.15%-15.60%17.83%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,764.004,925.915,093.335,266.435,445.425,630.505,799.41
Payout Ratio75.86%78.69%81.52%84.34%87.17%90.00%92.50%
Projected Dividends (M)3,614.003,876.134,151.904,441.934,746.895,067.455,364.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.65%7.65%7.65%
Growth Rate2.40%3.40%4.40%
Year 1 PV (M)3,565.993,600.813,635.64
Year 2 PV (M)3,514.073,583.043,652.68
Year 3 PV (M)3,458.743,561.073,665.39
Year 4 PV (M)3,400.463,535.253,674.01
Year 5 PV (M)3,339.643,505.923,678.77
PV of Terminal Value (M)76,097.4079,886.4283,824.90
Equity Value (M)93,376.3097,672.52102,131.39
Shares Outstanding (M)1,287.131,287.131,287.13
Fair Value$72.55$75.88$79.35
Upside / Downside-22.34%-18.77%-15.06%

High-Yield Dividend Screener

« Prev Page 17 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PBY-UN.TOCanso Credit Trust - Canso Credit Income Fund6.89%$1.1043.72%
002267.SZShaanxi Provincial Natural Gas Co.,Ltd6.88%$0.5285.38%
0590.HKLuk Fook Holdings (International) Limited6.88%$1.6433.93%
0QPD.LAllreal Holding AG6.88%$14.0066.23%
8967.TJapan Logistics Fund, Inc.6.88%$7,165.6791.03%
3356.TWGeoVision Inc.6.87%$3.2561.01%
OPUS.BDOPUS GLOBAL Nyrt.6.87%$37.7385.10%
INK.WAInstal Kraków S.A.6.86%$2.5241.25%
NLB.ILNova Ljubljanska Banka d.d.6.86%$2.4749.72%
0148.HKKingboard Holdings Limited6.85%$2.0345.96%
3592.TWRaydium Semiconductor Corporation6.85%$15.1468.63%
ABEV3.SAAmbev S.A.6.85%$0.9391.30%
ETER3.SAEternit S.A.6.85%$0.2835.41%
HTC-R.BKHaad Thip Public Company Limited6.85%$1.0269.98%
PBAPembina Pipeline Corporation6.85%$2.6486.47%
2527.TWHung Ching Development & Construction Co., Ltd.6.84%$2.0048.52%
3466.TLaSalle LOGIPORT REIT6.84%$10,849.3675.97%
KLINIQ.BKThe Klinique Medical Clinic Public Company Limited6.82%$1.4690.74%
LPF.BKLotus's Retail Growth Freehold and Leasehold Property Fund6.82%$0.7383.53%
CLWTEuro Tech Holdings Company Limited6.81%$0.0824.63%
TMD.BKThai Metal Drum Manufacturing Public Company Limited6.80%$1.7775.56%
FID.AXFiducian Group Ltd6.79%$0.7974.24%
NNND.FTencent Holdings Limited6.79%$4.6820.82%
RIC.AXRidley Corporation Limited6.79%$0.1867.95%
8961.TMORI TRUST Sogo Reit, Inc.6.78%$5,291.8468.53%
CENCOSHOPP.SNCencosud Shopping S.A.6.78%$94.9375.52%
COVH.PACovivio Hotels6.78%$1.5487.52%
FLOYD.BKFloyd Public Company Limited6.78%$0.0834.43%
ALGIR.PASignaux Girod S.A.6.77%$1.0032.73%
0144.HKChina Merchants Port Holdings Company Limited6.76%$1.0329.79%
0512.HKGrand Pharmaceutical Group Limited6.76%$0.5341.13%
TOG.BKThai Optical Group Public Company Limited6.76%$0.4566.31%
SSF.BKSurapon Foods Public Company Limited6.75%$0.3466.42%
0RU6.LSpareBank 1 Ostlandet6.74%$13.9853.75%
2313.HKShenzhou International Group Holdings Limited6.74%$4.1853.04%
600188.SSYankuang Energy Group Company Limited6.74%$0.8977.55%
0QO2.LBurkhalter Holding AG6.73%$9.3188.33%
82331.HKLi Ning Company Limited6.73%$1.1350.46%
TBR.AXTribune Resources Limited6.73%$0.4055.86%
200512.SZTsann Kuen (China) Enterprise Co., Ltd.6.72%$0.2174.88%
C07.SIJardine Cycle & Carriage Limited6.72%$2.2847.91%
GISS.QAGulf International Services Q.P.S.C.6.72%$0.1745.22%
MELG.OLMelhus Sparebank6.72%$13.5025.36%
SGP.AXStockland6.72%$0.3982.32%
UNI.AXUniversal Store Holdings Limited6.72%$0.5481.02%
0R6M.LIntershop Holding AG6.71%$11.0031.38%
CEEB3.SACompanhia de Eletricidade do Estado da Bahia - COELBA6.71%$3.0237.99%
017940.KSE1 Corporation6.70%$5,410.2182.17%
3080.SREastern Province Cement Company6.70%$1.6056.11%
CNQCanadian Natural Resources Limited6.70%$2.3071.45%