Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

secunet Security Networks AG (0NWC.L)

Company Dividend Discount ModelIndustry: Software - ServicesSector: Technology

Valuation Snapshot

Stable Growth$409.32 - $1,985.94$878.68
Multi-Stage$229.63 - $250.64$239.95
Blended Fair Value$559.31
Current Price$228.50
Upside144.78%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.96%31.73%2.362.865.382.541.562.041.200.580.340.27
YoY Growth---17.48%-46.84%111.81%62.82%-23.53%70.00%106.90%70.59%25.93%80.00%
Dividend Yield--2.03%1.96%2.74%0.61%0.63%1.46%1.32%0.61%0.74%1.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)64.60
(-) Cash Dividends Paid (M)50.59
(=) Cash Retained (M)14.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)12.928.084.85
Cash Retained (M)14.0114.0114.01
(-) Cash Required (M)-12.92-8.08-4.85
(=) Excess Retained (M)1.095.949.17
(/) Shares Outstanding (M)6.476.476.47
(=) Excess Retained per Share0.170.921.42
LTM Dividend per Share7.827.827.82
(+) Excess Retained per Share0.170.921.42
(=) Adjusted Dividend7.998.749.24
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate5.50%6.50%7.50%
Fair Value$409.32$878.68$1,985.94
Upside / Downside79.13%284.54%769.12%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)64.6068.8073.2778.0483.1188.5191.17
Payout Ratio78.31%80.65%82.99%85.32%87.66%90.00%92.50%
Projected Dividends (M)50.5955.4960.8166.5972.8679.6684.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)51.1051.5952.07
Year 2 PV (M)51.5852.5653.55
Year 3 PV (M)52.0253.5155.03
Year 4 PV (M)52.4254.4456.51
Year 5 PV (M)52.7955.3457.98
PV of Terminal Value (M)1,225.721,284.921,346.39
Equity Value (M)1,485.621,552.351,621.54
Shares Outstanding (M)6.476.476.47
Fair Value$229.63$239.95$250.64
Upside / Downside0.50%5.01%9.69%

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%