Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Harvey Norman Holdings Limited (HVN.AX)

Company Dividend Discount ModelIndustry: Department StoresSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$16.94 - $48.84$26.56
Multi-Stage$20.33 - $22.28$21.28
Blended Fair Value$23.92
Current Price$5.27
Upside353.97%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-1.50%-1.09%0.240.220.300.350.380.260.270.210.280.21
YoY Growth--9.09%-27.87%-12.86%-7.89%46.81%-5.73%27.97%-22.50%29.26%-20.01%
Dividend Yield--4.55%5.25%8.75%9.42%6.92%7.30%6.96%6.71%7.53%4.83%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)870.47
(-) Cash Dividends Paid (M)573.16
(=) Cash Retained (M)297.31
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)174.09108.8165.29
Cash Retained (M)297.31297.31297.31
(-) Cash Required (M)-174.09-108.81-65.29
(=) Excess Retained (M)123.21188.50232.02
(/) Shares Outstanding (M)1,248.431,248.431,248.43
(=) Excess Retained per Share0.100.150.19
LTM Dividend per Share0.460.460.46
(+) Excess Retained per Share0.100.150.19
(=) Adjusted Dividend0.560.610.64
WACC / Discount Rate6.18%6.18%6.18%
Growth Rate2.79%3.79%4.79%
Fair Value$16.94$26.56$48.84
Upside / Downside221.53%404.06%826.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)870.47903.47937.73973.291,010.191,048.501,079.95
Payout Ratio65.85%70.68%75.51%80.34%85.17%90.00%92.50%
Projected Dividends (M)573.16638.54708.06781.92860.37943.65998.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.18%6.18%6.18%
Growth Rate2.79%3.79%4.79%
Year 1 PV (M)595.61601.40607.20
Year 2 PV (M)616.04628.09640.25
Year 3 PV (M)634.57653.27672.33
Year 4 PV (M)651.28677.00703.47
Year 5 PV (M)666.29699.34733.68
PV of Terminal Value (M)22,211.9323,313.5924,458.53
Equity Value (M)25,375.7226,572.6827,815.46
Shares Outstanding (M)1,248.431,248.431,248.43
Fair Value$20.33$21.28$22.28
Upside / Downside285.69%303.89%322.78%

High-Yield Dividend Screener

« Prev Page 29 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SUSuncor Energy Inc.5.07%$2.3153.29%
023410.KQEugene Corporation5.06%$183.4563.50%
7537.TMarubun Corporation5.06%$65.8855.36%
GLJ.DEGrenke AG5.06%$0.7954.91%
KZOS.MEKazan Public Joint Stock Company Organichesky sintez5.06%$3.3620.60%
LTLS.JKPT Lautan Luas Tbk5.06%$43.7440.34%
MDS-UN.TOHealthcare Special Opportunities Fund5.06%$0.5664.99%
PUUILO.HEPuuilo Oyj5.06%$0.6382.63%
VCI.VVitreous Glass Inc.5.06%$0.3791.09%
051600.KSKEPCO Plant Service & Engineering Co.,Ltd.5.05%$2,469.0084.53%
BLXBanco Latinoamericano de Comercio Exterior, S. A.5.05%$2.2137.06%
TLI.BKThai Life Insurance Public Company Limited5.05%$0.5047.29%
031330.KQSAMT Co., Ltd.5.04%$200.0045.01%
DCR.WADecora S.A.5.04%$3.7855.77%
PST.MIPoste Italiane S.p.A.5.04%$1.0965.05%
RDX.AXRedox Limited5.04%$0.1554.66%
UPOIC.BKUnited Palm Oil Industry Public Company Limited5.04%$0.3361.35%
WKL.ASWolters Kluwer N.V.5.04%$4.4348.01%
000600.SZJointo Energy Investment Co., Ltd. Hebei5.03%$0.4345.84%
0QNN.LBurckhardt Compression Holding AG5.03%$27.4847.49%
002233.SZGuangdong Tapai Group Co., Ltd.5.02%$0.4570.96%
9308.TInui Global Logistics Co., Ltd.5.02%$68.9239.29%
FFI.AXFFI Holdings Limited5.02%$0.2431.68%
SJWD.BKSCGJWD Logistics Public Company Limited5.02%$0.3762.75%
007590.KSDONGBANG AGRO Corporation5.01%$300.1154.47%
0151.HKWant Want China Holdings Limited5.01%$0.2363.82%
2971.TEscon Japan REIT Investment Corporation5.01%$6,447.9060.16%
BBL-R.BKBangkok Bank Public Company Limited5.01%$8.5034.27%
DIC.AEDubai Investments PJSC5.01%$0.1858.95%
006390.KSHanil Hyundai Cement Co., Ltd5.00%$900.0433.14%
600998.SSJointown Pharmaceutical Group Co., Ltd5.00%$0.2646.36%
7020.SREtihad Etisalat Company5.00%$3.3172.99%
KA8.DEKlassik Radio AG5.00%$0.1595.39%
ORDS.QAOoredoo Q.P.S.C.4.99%$0.6557.81%
002616.SZGuangdong Chant Group Inc.4.98%$0.2771.11%
039130.KSHanatour Service Inc.4.98%$2,419.0255.18%
1264.TWOTehmag Foods Corporation4.98%$13.9967.27%
1295.KLPublic Bank Berhad4.98%$0.2260.48%
AW-UN.TOA&W Revenue Royalties Income Fund4.98%$1.8492.91%
WPK.TOWinpak Ltd.4.98%$2.2699.45%
000776.SZGF Securities Co., Ltd.4.97%$1.0960.30%
5236.KLMatrix Concepts Holdings Berhad4.97%$0.0756.54%
601298.SSQingdao Port International Co., Ltd.4.97%$0.4149.05%
7133.KLUnited U-LI Corporation Berhad4.97%$0.0846.08%
9925.TWTaiwan Shin Kong Security Co., Ltd.4.97%$2.0281.40%
034590.KSIncheon City Gas Co., Ltd.4.96%$1,251.1528.53%
0QP4.ILGeorg Fischer AG4.96%$2.6644.86%
4163.SRAl-Dawaa Medical Services Company4.96%$2.5157.67%
9163.TNareru Group Inc.4.96%$114.0343.61%
CPFE3.SACPFL Energia S.A.4.96%$2.6656.33%