Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

F&C Investment Trust PLC (FCIT.L)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$28.96 - $46.49$36.88
Multi-Stage$33.68 - $36.92$35.27
Blended Fair Value$36.08
Current Price$11.08
Upside225.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.08%3.78%0.150.140.140.130.130.120.120.110.110.11
YoY Growth--5.24%4.14%5.19%4.47%1.39%5.74%5.96%3.04%0.57%2.19%
Dividend Yield--1.38%1.51%1.54%1.43%1.61%1.63%1.86%1.73%1.99%2.39%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,326.20
(-) Cash Dividends Paid (M)133.63
(=) Cash Retained (M)1,192.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)265.24165.7899.47
Cash Retained (M)1,192.571,192.571,192.57
(-) Cash Required (M)-265.24-165.78-99.47
(=) Excess Retained (M)927.331,026.801,093.11
(/) Shares Outstanding (M)496.17496.17496.17
(=) Excess Retained per Share1.872.072.20
LTM Dividend per Share0.270.270.27
(+) Excess Retained per Share1.872.072.20
(=) Adjusted Dividend2.142.342.47
WACC / Discount Rate9.45%9.45%9.45%
Growth Rate1.93%2.93%3.93%
Fair Value$28.96$36.88$46.49
Upside / Downside161.34%232.86%319.59%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,326.201,365.021,404.971,446.091,488.411,531.971,577.93
Payout Ratio10.08%26.06%42.05%58.03%74.02%90.00%92.50%
Projected Dividends (M)133.63355.73590.73839.171,101.651,378.771,459.59

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.45%9.45%9.45%
Growth Rate1.93%2.93%3.93%
Year 1 PV (M)321.85325.01328.17
Year 2 PV (M)483.55493.09502.72
Year 3 PV (M)621.50639.97658.80
Year 4 PV (M)738.18767.58797.85
Year 5 PV (M)835.88877.69921.17
PV of Terminal Value (M)13,711.1614,397.0815,110.19
Equity Value (M)16,712.1117,500.4218,318.89
Shares Outstanding (M)496.17496.17496.17
Fair Value$33.68$35.27$36.92
Upside / Downside203.99%218.33%233.22%

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%