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

Linde plc (LIN)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$1,919.89 - $2,969.38$2,782.75
Multi-Stage$487.86 - $534.13$510.57
Blended Fair Value$1,646.66
Current Price$475.00
Upside246.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.02%13.34%5.595.224.934.614.273.982.451.901.801.72
YoY Growth--6.97%5.89%7.08%7.94%7.24%62.18%29.41%5.26%4.52%7.91%
Dividend Yield--1.20%1.13%1.39%1.44%1.52%2.30%1.39%1.33%1.52%1.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,093.00
(-) Cash Dividends Paid (M)2,772.00
(=) Cash Retained (M)4,321.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,418.60886.63531.98
Cash Retained (M)4,321.004,321.004,321.00
(-) Cash Required (M)-1,418.60-886.63-531.98
(=) Excess Retained (M)2,902.403,434.383,789.03
(/) Shares Outstanding (M)475.06475.06475.06
(=) Excess Retained per Share6.117.237.98
LTM Dividend per Share5.845.845.84
(+) Excess Retained per Share6.117.237.98
(=) Adjusted Dividend11.9413.0613.81
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate5.50%6.50%7.50%
Fair Value$1,919.89$2,782.75$2,969.38
Upside / Downside304.19%485.84%525.13%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,093.007,554.058,045.068,567.999,124.919,718.0210,009.57
Payout Ratio39.08%49.26%59.45%69.63%79.82%90.00%92.50%
Projected Dividends (M)2,772.003,721.474,782.665,966.097,283.158,746.229,258.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.16%6.16%6.16%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,472.733,505.653,538.57
Year 2 PV (M)4,164.704,244.024,324.10
Year 3 PV (M)4,847.974,987.145,128.94
Year 4 PV (M)5,522.635,735.025,953.47
Year 5 PV (M)6,188.776,487.696,798.05
PV of Terminal Value (M)207,564.00217,589.42227,998.54
Equity Value (M)231,760.81242,548.94253,741.67
Shares Outstanding (M)475.06475.06475.06
Fair Value$487.86$510.57$534.13
Upside / Downside2.71%7.49%12.45%

High-Yield Dividend Screener

« Prev Page 23 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
HUBBHubbell Incorporated1.14%$5.2632.54%
MATXMatson, Inc.1.14%$1.4210.47%
SNXTD SYNNEX Corporation1.14%$1.7418.66%
ARMKAramark1.13%$0.4233.95%
CVLGCovenant Logistics Group, Inc.1.13%$0.2521.30%
EQTEQT Corporation1.13%$0.6121.38%
WHDCactus, Inc.1.13%$0.5321.20%
CFBKCF Bankshares Inc.1.12%$0.2810.89%
LIILennox International Inc.1.12%$5.5923.57%
ROLRollins, Inc.1.12%$0.6661.92%
FELEFranklin Electric Co., Inc.1.11%$1.0734.36%
GOLFAcushnet Holdings Corp.1.11%$0.9124.93%
KOPKoppers Holdings Inc.1.11%$0.3037.27%
MWAMueller Water Products, Inc.1.11%$0.2721.86%
RSGRepublic Services, Inc.1.11%$2.3334.47%
0HOU.LBorgWarner Inc.1.10%$0.5080.60%
0K3H.LMotorola Solutions, Inc.1.10%$4.2033.55%
FBKFB Financial Corporation1.10%$0.6232.29%
AGCOAGCO Corporation1.09%$1.1623.05%
VREVeris Residential, Inc.1.09%$0.1626.28%
ALSNAllison Transmission Holdings, Inc.1.08%$1.0712.88%
CSVCarriage Services, Inc.1.08%$0.4514.21%
LFUSLittelfuse, Inc.1.08%$2.8359.57%
OSBCOld Second Bancorp, Inc.1.08%$0.2115.92%
TPXTempur Sealy International, Inc.1.08%$0.6242.01%
WSCWillScot Holdings Corporation1.08%$0.2117.16%
BVHBluegreen Vacations Holding Corporation1.07%$0.8018.69%
HNNAZHennessy Advisors, Inc. 4.875% Notes due 20261.07%$0.2721.11%
HTBHomeTrust Bancshares, Inc.1.07%$0.4612.57%
ZBHZimmer Biomet Holdings, Inc.1.07%$0.9623.70%
DOVDover Corporation1.05%$2.0612.63%
NDAQNasdaq, Inc.1.05%$1.0136.06%
0H9N.LAecom1.04%$1.0023.78%
BODYThe Beachbody Company, Inc.1.04%$0.101.61%
LYTSLSI Industries Inc.1.04%$0.1924.09%
UNTYUnity Bancorp, Inc.1.04%$0.5310.03%
CTVACorteva, Inc.1.03%$0.7029.41%
TJXThe TJX Companies, Inc.1.03%$1.5935.03%
ABCBAmeris Bancorp1.02%$0.7613.03%
CRAICRA International, Inc.1.02%$2.0523.94%
CTA-PBE. I. du Pont de Nemours and Company1.02%$0.7029.41%
FNWDFinward Bancorp1.02%$0.3633.06%
HSIIHeidrick & Struggles International, Inc.1.02%$0.6034.74%
LNGCheniere Energy, Inc.1.02%$2.0211.09%
0HTG.LCardinal Health, Inc.1.01%$2.0731.03%
0I4X.LCrown Holdings, Inc.1.01%$1.0312.58%
CMCCommercial Metals Company1.01%$0.7296.19%
TRTootsie Roll Industries, Inc.1.01%$0.3627.67%
KNXKnight-Swift Transportation Holdings Inc.1.00%$0.5259.68%
PNFPPinnacle Financial Partners, Inc.1.00%$0.9611.84%