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

The Merchants Trust Plc (MRCH.L)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$12.43 - $21.26$16.26
Multi-Stage$12.84 - $14.00$13.41
Blended Fair Value$14.83
Current Price$5.50
Upside169.68%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS7.86%5.57%0.290.270.240.230.210.200.190.180.180.18
YoY Growth--4.77%12.11%8.19%5.98%8.41%5.59%3.67%2.08%0.00%5.36%
Dividend Yield--5.17%5.06%4.14%3.95%4.88%3.70%3.96%3.69%3.89%4.26%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)142.89
(-) Cash Dividends Paid (M)85.19
(=) Cash Retained (M)57.71
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)28.5817.8610.72
Cash Retained (M)57.7157.7157.71
(-) Cash Required (M)-28.58-17.86-10.72
(=) Excess Retained (M)29.1339.8546.99
(/) Shares Outstanding (M)148.04148.04148.04
(=) Excess Retained per Share0.200.270.32
LTM Dividend per Share0.580.580.58
(+) Excess Retained per Share0.200.270.32
(=) Adjusted Dividend0.770.840.89
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate3.57%4.57%5.57%
Fair Value$12.43$16.26$21.26
Upside / Downside126.05%195.57%286.62%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)142.89149.42156.24163.38170.84178.65184.01
Payout Ratio59.61%65.69%71.77%77.85%83.92%90.00%92.50%
Projected Dividends (M)85.1998.16112.14127.19143.38160.78170.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate3.57%4.57%5.57%
Year 1 PV (M)88.3889.2390.09
Year 2 PV (M)90.9192.6794.45
Year 3 PV (M)92.8495.5698.32
Year 4 PV (M)94.2497.93101.73
Year 5 PV (M)95.1599.83104.70
PV of Terminal Value (M)1,438.941,509.771,583.35
Equity Value (M)1,900.461,984.992,072.64
Shares Outstanding (M)148.04148.04148.04
Fair Value$12.84$13.41$14.00
Upside / Downside133.41%143.80%154.56%

High-Yield Dividend Screener

« Prev Page 18 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
HBCPHome Bancorp, Inc.1.92%$1.1019.54%
SLMSLM Corporation1.92%$0.5317.47%
UVEUniversal Insurance Holdings, Inc.1.92%$0.6114.30%
WALWestern Alliance Bancorporation1.92%$1.6420.05%
0JZ1.LMasco Corporation1.91%$1.2331.44%
0L8B.LSouthern Copper Corporation1.91%$2.8060.30%
BKRBaker Hughes Company1.91%$0.9030.82%
BPACBullpen Parlay Acquisition Company1.91%$0.2036.09%
ELVElevance Health Inc.1.91%$6.7527.56%
NGVCNatural Grocers by Vitamin Cottage, Inc.1.91%$0.4723.70%
SYBTStock Yards Bancorp, Inc.1.91%$1.2527.22%
0JVQ.LLowe's Companies, Inc.1.90%$4.6738.55%
ATERXAB Sustainable Global Thematic Fund Class R1.90%$2.8436.57%
BLLBall Corporation1.90%$1.329.47%
EAIEntergy Arkansas, Inc. 1M BD 4.875%661.90%$0.409.71%
MMCMarsh & McLennan Companies, Inc.1.90%$3.4741.48%
THOThor Industries, Inc.1.90%$2.0037.63%
TRGPTarga Resources Corp.1.90%$3.5546.50%
TTCThe Toro Company1.90%$1.5245.26%
0K8M.LNorfolk Southern Corporation1.89%$5.4241.12%
FDXFedEx Corporation1.89%$5.5432.63%
ALLThe Allstate Corporation1.87%$3.8112.13%
BERYBerry Global Group, Inc.1.87%$1.2624.23%
NHCNational HealthCare Corporation1.87%$2.4437.72%
PRDOPerdoceo Education Corporation1.87%$0.5423.03%
ABTAbbott Laboratories1.86%$2.3128.93%
TNETTriNet Group, Inc.1.86%$1.0638.35%
BTMDbiote Corp.1.85%$0.055.82%
WDFCWD-40 Company1.85%$3.6554.36%
AMTBAmerant Bancorp Inc.1.84%$0.3622.80%
BNHBrookfield Finance Inc. 4.625%1.84%$0.3070.51%
MGRCMcGrath RentCorp1.84%$1.9332.75%
NATINational Instruments Corporation1.84%$1.1082.38%
OTISOtis Worldwide Corporation1.84%$1.6347.44%
WSWorthington Steel, Inc.1.84%$0.6526.98%
KBHKB Home1.83%$1.0513.68%
WRBW. R. Berkley Corporation1.83%$1.2726.69%
PIPRPiper Sandler Companies1.82%$6.3647.91%
SFBSServisFirst Bancshares, Inc.1.82%$1.3027.90%
YUMYum! Brands, Inc.1.82%$2.7354.40%
LVSLas Vegas Sands Corp.1.81%$1.1851.99%
HNVRHanover Bancorp, Inc.1.80%$0.4126.32%
TSCOTractor Supply Company1.79%$0.9143.76%
CLIMack-Cali Realty Corporation1.78%$0.3321.71%
RRRRed Rock Resorts, Inc.1.78%$1.1260.48%
SBRSabine Royalty Trust1.78%$1.2523.02%
TMUST-Mobile US, Inc.1.78%$3.5533.70%
BWFGBankwell Financial Group, Inc.1.77%$0.8021.59%
DGXQuest Diagnostics Incorporated1.77%$3.0735.81%
JPMJPMorgan Chase & Co.1.77%$5.7527.69%