Definitive Analysis
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

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 20 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
SMBCSouthern Missouri Bancorp, Inc.1.61%$0.9417.19%
VIRCVirco Mfg. Corporation1.61%$0.1041.34%
CNOCNO Financial Group, Inc.1.60%$0.6722.53%
IVTInvenTrust Properties Corp.1.60%$0.4529.49%
KBRKBR, Inc.1.60%$0.6521.84%
OBKOrigin Bancorp, Inc.1.60%$0.6031.45%
TNCTennant Company1.60%$1.1839.96%
DELLDell Technologies Inc.1.59%$2.0327.33%
RVSBRiverview Bancorp, Inc.1.59%$0.0835.84%
0HPW.LBroadridge Financial Solutions, Inc.1.58%$3.4944.54%
CCFChase Corporation1.58%$2.0157.26%
MSIFMSC Income Fund, Inc.1.58%$0.2112.72%
PRIPrimerica, Inc.1.58%$4.1018.44%
IEXIDEX Corporation1.57%$2.8244.28%
LHXL3Harris Technologies, Inc.1.57%$4.7951.11%
MROMarathon Oil Corporation1.57%$0.4519.02%
NEUNewMarket Corporation1.57%$10.8222.69%
PSMTPriceSmart, Inc.1.57%$1.9339.29%
TFSLTFS Financial Corporation1.57%$0.2165.45%
UFPIUFP Industries, Inc.1.57%$1.4425.79%
0M3Q.LZoetis Inc.1.56%$1.9532.55%
0K92.LNorthrop Grumman Corporation1.55%$8.8031.43%
0QZ5.LCognizant Technology Solutions Corporation1.55%$1.2528.62%
EMREmerson Electric Co.1.55%$2.1151.98%
SYFSynchrony Financial1.55%$1.3213.96%
TXRHTexas Roadhouse, Inc.1.55%$2.6540.30%
0HQW.LC.H. Robinson Worldwide, Inc.1.54%$2.4850.26%
0J76.LHuntington Ingalls Industries, Inc.1.54%$5.3637.08%
BHEBenchmark Electronics, Inc.1.54%$0.6865.62%
DPZDomino's Pizza, Inc.1.54%$6.5437.90%
GRCThe Gorman-Rupp Company1.54%$0.7438.69%
DFSDiscover Financial Services1.53%$3.0616.08%
SPFISouth Plains Financial, Inc.1.53%$0.5916.67%
JMSBJohn Marshall Bancorp, Inc.1.52%$0.3029.07%
0J3H.LThe Hartford Financial Services Group, Inc.1.51%$2.0616.53%
TRVThe Travelers Companies, Inc.1.51%$4.2916.63%
CISMXClarkston Partners Fund Institutional Class1.50%$0.1932.74%
FCAPFirst Capital, Inc.1.50%$0.8828.53%
MGYRMagyar Bancorp, Inc.1.50%$0.2622.66%
OBTOrange County Bancorp, Inc.1.50%$0.4315.62%
OSKOshkosh Corporation1.50%$1.9919.24%
SAICScience Applications International Corporation1.50%$1.5119.14%
FULH.B. Fuller Company1.49%$0.9043.28%
CBNKCapital Bancorp, Inc.1.48%$0.4114.04%
FRBAFirst Bank1.48%$0.2414.40%
ANDEThe Andersons, Inc.1.47%$0.7836.39%
IROQIF Bancorp, Inc.1.47%$0.4025.40%
WMWaste Management, Inc.1.47%$3.2250.78%
ATRAptarGroup, Inc.1.45%$1.7828.44%
CHXChampionX Corporation1.45%$0.3724.70%