Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

West Pharmaceutical Services, Inc. (WST)

Company Dividend Discount ModelIndustry: Medical - Instruments & SuppliesSector: Healthcare

Valuation Snapshot

Stable Growth$165.30 - $466.70$257.55
Multi-Stage$112.02 - $122.52$117.17
Blended Fair Value$187.36
Current Price$262.33
Upside-28.58%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.56%7.34%0.810.780.740.700.660.620.580.540.490.44
YoY Growth--3.68%5.36%5.87%6.24%6.65%7.13%7.67%9.22%10.49%11.34%
Dividend Yield--0.36%0.20%0.21%0.17%0.23%0.41%0.52%0.61%0.60%0.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)491.70
(-) Cash Dividends Paid (M)60.70
(=) Cash Retained (M)431.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)98.3461.4636.88
Cash Retained (M)431.00431.00431.00
(-) Cash Required (M)-98.34-61.46-36.88
(=) Excess Retained (M)332.66369.54394.12
(/) Shares Outstanding (M)73.0573.0573.05
(=) Excess Retained per Share4.555.065.40
LTM Dividend per Share0.830.830.83
(+) Excess Retained per Share4.555.065.40
(=) Adjusted Dividend5.385.896.23
WACC / Discount Rate8.79%8.79%8.79%
Growth Rate5.36%6.36%7.36%
Fair Value$165.30$257.55$466.70
Upside / Downside-36.99%-1.82%77.91%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)491.70522.98556.25591.64629.28669.31689.39
Payout Ratio12.34%27.88%43.41%58.94%74.47%90.00%92.50%
Projected Dividends (M)60.70145.79241.45348.70468.62602.38637.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.79%8.79%8.79%
Growth Rate5.36%6.36%7.36%
Year 1 PV (M)132.74134.00135.26
Year 2 PV (M)200.18204.00207.85
Year 3 PV (M)263.23270.79278.50
Year 4 PV (M)322.10334.50347.26
Year 5 PV (M)376.99395.22414.16
PV of Terminal Value (M)6,887.907,221.037,566.93
Equity Value (M)8,183.138,559.548,949.96
Shares Outstanding (M)73.0573.0573.05
Fair Value$112.02$117.17$122.52
Upside / Downside-57.30%-55.33%-53.30%

High-Yield Dividend Screener

« Prev Page 26 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ODFLOld Dominion Freight Line, Inc.0.69%$1.1022.00%
RRBIRed River Bancshares, Inc.0.69%$0.487.90%
SSDSimpson Manufacturing Co., Inc.0.69%$1.1413.76%
WCCWESCO International, Inc.0.69%$1.7513.38%
ALGAlamo Group Inc.0.68%$1.1511.96%
CBKCommercial Bancgroup, Inc. Common Stock0.68%$0.166.13%
IRMDIRadimed Corporation0.68%$0.6539.59%
UNFUniFirst Corporation0.68%$1.3216.37%
WTSWatts Water Technologies, Inc.0.68%$1.9019.65%
0HF3.LCencora0.67%$2.2528.12%
AITApplied Industrial Technologies, Inc.0.67%$1.7516.64%
CLMBClimb Global Solutions, Inc.0.67%$0.6814.50%
ASTHAstrana Health, Inc.0.66%$0.1786.52%
AVGOBroadcom Inc.0.66%$2.2848.18%
ENSEnerSys0.66%$0.9911.20%
HLIOHelios Technologies, Inc.0.66%$0.3635.50%
ICFIICF International, Inc.0.66%$0.5610.52%
VMCVulcan Materials Company0.66%$1.9322.82%
AAMEAtlantic American Corporation0.65%$0.027.99%
AMATApplied Materials, Inc.0.65%$1.7319.78%
CRMSalesforce, Inc.0.65%$1.6421.86%
GHCGraham Holdings Company0.65%$7.064.22%
LFACLF Capital Acquisition Corp. II0.65%$0.0724.33%
BSYBentley Systems, Incorporated0.64%$0.2530.41%
EHCEncompass Health Corporation0.64%$0.6812.77%
LADLithia Motors, Inc.0.64%$2.136.25%
PRBMParabellum Acquisition Corp.0.64%$0.065.11%
VRSNVeriSign, Inc.0.64%$1.5417.77%
AWIArmstrong World Industries, Inc.0.63%$1.2417.71%
ESQEsquire Financial Holdings, Inc.0.63%$0.6411.29%
SGISomnigroup International Inc0.63%$0.5637.60%
ULSUL Solutions Inc.0.63%$0.5130.38%
VMIValmont Industries, Inc.0.63%$2.5821.97%
ARCBArcBest Corporation0.62%$0.4811.39%
VVisa Inc.0.62%$2.1323.10%
LSXMAThe Liberty SiriusXM Group0.61%$0.141.73%
0J1R.LHCA Healthcare, Inc.0.60%$2.8110.70%
MPWRMonolithic Power Systems, Inc.0.60%$5.6614.34%
RXNZurn Water Solutions Corporation0.60%$0.3924.10%
0I47.LCostco Wholesale Corporation0.59%$5.0527.04%
DJCODaily Journal Corporation0.59%$2.954.20%
DRSLeonardo DRS, Inc.0.59%$0.2020.75%
FCNCAFirst Citizens BancShares, Inc.0.59%$12.697.01%
AMEAMETEK, Inc.0.58%$1.2019.00%
KLACKLA Corporation0.57%$7.2622.67%
SXIStandex International Corporation0.57%$1.2729.15%
RDVTRed Violet, Inc.0.56%$0.2937.32%
0IRE.LFortive Corporation0.55%$0.3016.72%
AIMCAltra Industrial Motion Corp.0.55%$0.3417.56%
BWXTBWX Technologies, Inc.0.55%$1.0029.87%