Definitive Analysis
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Calavo Growers, Inc. (CVGW)

Company Dividend Discount ModelIndustry: Food DistributionSector: Consumer Defensive

Valuation Snapshot

Stable Growth$3.47 - $4.51$4.02
Multi-Stage$7.95 - $8.77$8.35
Blended Fair Value$6.18
Current Price$26.30
Upside-76.49%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-12.68%-2.08%0.500.581.141.141.080.980.930.880.780.73
YoY Growth---14.49%-48.68%-0.06%5.11%10.17%5.47%6.12%12.86%7.22%17.86%
Dividend Yield--2.18%2.24%3.55%2.75%1.40%1.28%1.15%1.01%1.41%1.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)19.88
(-) Cash Dividends Paid (M)14.30
(=) Cash Retained (M)5.58
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.982.481.49
Cash Retained (M)5.585.585.58
(-) Cash Required (M)-3.98-2.48-1.49
(=) Excess Retained (M)1.613.104.09
(/) Shares Outstanding (M)17.8717.8717.87
(=) Excess Retained per Share0.090.170.23
LTM Dividend per Share0.800.800.80
(+) Excess Retained per Share0.090.170.23
(=) Adjusted Dividend0.890.971.03
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-13.17%-12.17%-11.17%
Fair Value$3.47$4.02$4.51
Upside / Downside-86.80%-84.72%-82.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)19.8817.4615.3413.4711.8310.3910.70
Payout Ratio71.92%75.54%79.15%82.77%86.38%90.00%92.50%
Projected Dividends (M)14.3013.1912.1411.1510.229.359.90

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-13.17%-12.17%-11.17%
Year 1 PV (M)11.9512.0912.23
Year 2 PV (M)9.9710.2010.43
Year 3 PV (M)8.308.598.88
Year 4 PV (M)6.897.217.55
Year 5 PV (M)5.716.056.40
PV of Terminal Value (M)99.21105.05111.17
Equity Value (M)142.03149.19156.66
Shares Outstanding (M)17.8717.8717.87
Fair Value$7.95$8.35$8.77
Upside / Downside-69.78%-68.26%-66.67%

High-Yield Dividend Screener

« Prev Page 19 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SIGISelective Insurance Group, Inc.1.77%$1.4822.19%
FUSBFirst US Bancshares, Inc.1.76%$0.2526.72%
RRyder System, Inc.1.76%$3.4128.29%
RGAReinsurance Group of America, Incorporated1.75%$3.5527.34%
TFG.ASTetragon Financial Group Limited1.75%$0.303.32%
WFCWells Fargo & Company1.75%$1.6725.46%
HCKTThe Hackett Group, Inc.1.74%$0.3485.97%
LEGLeggett & Platt, Incorporated1.74%$0.1911.94%
RPRXRoyalty Pharma plc1.74%$0.6749.36%
SFBCSound Financial Bancorp, Inc.1.74%$0.7637.96%
SXTSensient Technologies Corporation1.74%$1.6350.00%
MKTXMarketAxess Holdings Inc.1.73%$3.0952.31%
PRGPROG Holdings, Inc.1.73%$0.5112.57%
STELStellar Bancorp, Inc.1.73%$0.5326.88%
UFCSUnited Fire Group, Inc.1.73%$0.6214.63%
AMALAmalgamated Financial Corp.1.72%$0.5516.32%
BKThe Bank of New York Mellon Corporation1.72%$2.0127.06%
COWNCowen Inc.1.72%$0.6733.32%
DGDollar General Corporation1.72%$2.3540.66%
AMKRAmkor Technology, Inc.1.71%$0.7359.04%
DTFDTF Tax-Free Income 2028 Term Fund Inc.1.71%$0.2080.42%
ERIEErie Indemnity Company1.71%$4.7538.59%
FLXSFlexsteel Industries, Inc.1.71%$0.6817.01%
MTCHMatch Group, Inc.1.71%$0.5425.07%
LBRTLiberty Energy Inc.1.70%$0.3228.43%
OVBCOhio Valley Banc Corp.1.70%$0.6728.36%
WTFCWintrust Financial Corporation1.70%$2.4320.92%
BANFBancFirst Corporation1.69%$1.8025.72%
BDLFlanigan's Enterprises, Inc.1.69%$0.5021.50%
CDHAXCalvert International Responsible Idx A1.69%$0.6441.92%
CINRSisecam Resources LP1.69%$0.3419.21%
EXPOExponent, Inc.1.69%$1.1858.07%
GDGeneral Dynamics Corporation1.69%$5.8037.41%
HQIHireQuest, Inc.1.69%$0.1836.36%
OTFBlue Owl Technology Finance Corp.1.69%$0.249.20%
PHINPHINIA Inc.1.68%$1.0947.78%
PTRSPartners Bancorp1.68%$0.1213.62%
RNGRRanger Energy Services, Inc.1.67%$0.2434.90%
HQHAbrdn Healthcare Investors1.66%$0.316.95%
JILLJ.Jill, Inc.1.66%$0.2310.45%
PSH.ASPershing Square Holdings, Ltd.1.65%$0.856.48%
SKTTanger Inc.1.65%$0.5558.16%
USCBUSCB Financial Holdings, Inc.1.64%$0.3018.70%
BOTJBank of the James Financial Group, Inc.1.62%$0.3026.41%
RSReliance Steel & Aluminum Co.1.62%$4.7834.66%
SCIService Corporation International1.62%$1.2533.57%
SMLPSummit Midstream Partners, LP1.62%$0.596.02%
TKRThe Timken Company1.62%$1.4032.90%
TRINLTrinity Capital Inc. - 7.00% No1.62%$0.4120.50%
CARRCarrier Global Corporation1.61%$0.8618.56%