Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Cognizant Technology Solutions Corporation (0QZ5.L)

Company Dividend Discount ModelIndustry: Software - ServicesSector: Technology

Valuation Snapshot

Stable Growth$44.85 - $71.10$56.82
Multi-Stage$57.61 - $63.12$60.32
Blended Fair Value$58.57
Current Price$67.07
Upside-12.68%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.78%0.00%1.221.201.141.030.970.920.950.540.000.00
YoY Growth--1.52%4.79%10.81%6.04%5.96%-3.21%76.60%0.00%0.00%0.00%
Dividend Yield--1.59%1.67%1.88%1.15%1.25%1.98%1.29%0.67%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,128.00
(-) Cash Dividends Paid (M)609.00
(=) Cash Retained (M)1,519.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)425.60266.00159.60
Cash Retained (M)1,519.001,519.001,519.00
(-) Cash Required (M)-425.60-266.00-159.60
(=) Excess Retained (M)1,093.401,253.001,359.40
(/) Shares Outstanding (M)492.75492.75492.75
(=) Excess Retained per Share2.222.542.76
LTM Dividend per Share1.241.241.24
(+) Excess Retained per Share2.222.542.76
(=) Adjusted Dividend3.453.783.99
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.29%2.29%3.29%
Fair Value$44.85$56.82$71.10
Upside / Downside-33.13%-15.29%6.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,128.002,176.832,226.782,277.882,330.152,383.622,455.13
Payout Ratio28.62%40.89%53.17%65.45%77.72%90.00%92.50%
Projected Dividends (M)609.00890.211,184.001,490.811,811.082,145.262,270.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.29%2.29%3.29%
Year 1 PV (M)808.00815.97823.95
Year 2 PV (M)975.41994.761,014.31
Year 3 PV (M)1,114.741,148.081,182.08
Year 4 PV (M)1,229.151,278.411,329.14
Year 5 PV (M)1,321.491,388.021,457.20
PV of Terminal Value (M)22,940.9924,095.9625,296.98
Equity Value (M)28,389.7729,721.2031,103.66
Shares Outstanding (M)492.75492.75492.75
Fair Value$57.61$60.32$63.12
Upside / Downside-14.10%-10.07%-5.89%

High-Yield Dividend Screener

« Prev Page 17 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SAHSonic Automotive, Inc.2.13%$1.3135.28%
AIG-PAAmerican International Group, Inc.2.12%$1.6930.01%
LANCLancaster Colony Corporation2.11%$3.8261.80%
TDACTranslational Development Acquisition Corp.2.10%$0.2279.86%
FASTFastenal Company2.09%$0.8579.50%
FDUSFidus Investment Corporation2.09%$0.4117.86%
IBOCInternational Bancshares Corporation2.09%$1.4020.70%
SMRSXALPS/Smith Short Duration Bond Investor2.09%$0.2298.81%
SSSSSuRo Capital Corp.2.09%$0.208.46%
MLRMiller Industries, Inc.2.08%$0.7830.00%
OACCOaktree Acquisition Corp. III Life Sciences2.08%$0.2261.74%
FCCOFirst Community Corporation2.07%$0.6025.08%
GNTXGentex Corporation2.07%$0.4928.42%
OACCUOaktree Acquisition Corp. III Life Sciences Unit2.07%$0.2261.74%
DLBDolby Laboratories, Inc.2.06%$1.3149.64%
APOGApogee Enterprises, Inc.2.05%$0.7737.24%
CAKEThe Cheesecake Factory Incorporated2.05%$1.0832.74%
EWBCEast West Bancorp, Inc.2.05%$2.3625.97%
ALFCenturion Acquisition Corp.2.04%$0.2251.38%
ATOAtmos Energy Corporation2.04%$3.4546.19%
OVLYOak Valley Bancorp2.04%$0.6129.73%
0HYE.LCincinnati Financial Corporation2.03%$3.2824.36%
AOSA. O. Smith Corporation2.03%$1.3936.68%
ACTEnact Holdings, Inc.2.02%$0.8018.03%
ARKOArko Corp.2.02%$0.0955.86%
KFYKorn Ferry2.02%$1.3426.97%
0H68.LAflac Incorporated2.01%$2.2028.14%
LENLennar Corporation2.01%$2.1025.46%
AVYAvery Dennison Corporation2.00%$3.6641.17%
RHLDResolute Holdings Management, Inc.2.00%$3.7422.61%
ALFUUCenturion Acquisition Corp. Unit1.99%$0.2251.38%
GNTYGuaranty Bancshares, Inc.1.99%$0.9730.69%
NCNACCO Industries, Inc.1.99%$0.9524.54%
QCOMQUALCOMM Incorporated1.99%$3.4468.67%
THGThe Hanover Insurance Group, Inc.1.98%$3.5520.46%
CNMDCONMED Corporation1.97%$0.8038.60%
FBINFortune Brands Innovations, Inc.1.97%$1.0036.69%
FEIMFrequency Electronics, Inc.1.97%$1.0046.25%
RPMRPM International Inc.1.97%$2.0437.93%
BNJBrookfield Finance Inc. 4.50% P1.96%$0.3070.51%
MTGMGIC Investment Corporation1.96%$0.5717.51%
CCSCentury Communities, Inc.1.95%$1.1516.06%
0K6F.LNetApp, Inc.1.94%$2.0735.51%
BLKBlackRock, Inc.1.94%$21.0053.94%
FNB-PEF.N.B. Corporation1.94%$0.4834.55%
0L4F.LSealed Air Corporation1.93%$0.8030.13%
AEOAmerican Eagle Outfitters, Inc.1.93%$0.5142.14%
SLGNSilgan Holdings Inc.1.93%$0.8026.98%
FSFGFirst Savings Financial Group, Inc.1.92%$0.6123.93%
GENGen Digital Inc.1.92%$0.5054.91%