Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Dr. Reddy's Laboratories Limited (DRREDDY.BO)

Company Dividend Discount ModelIndustry: Drug Manufacturers - Specialty & GenericSector: Healthcare

Valuation Snapshot

Stable Growth$11,864.79 - $13,978.73$13,100.12
Multi-Stage$3,279.61 - $3,596.39$3,435.06
Blended Fair Value$8,267.59
Current Price$1,223.70
Upside575.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS11.21%8.07%7.997.975.974.974.974.704.804.794.064.92
YoY Growth--0.21%33.52%20.09%-0.02%5.90%-2.15%0.25%17.76%-17.44%33.88%
Dividend Yield--0.62%0.63%0.58%0.57%0.46%0.60%0.90%1.07%0.76%0.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)58,621.00
(-) Cash Dividends Paid (M)6,659.00
(=) Cash Retained (M)51,962.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11,724.207,327.634,396.58
Cash Retained (M)51,962.0051,962.0051,962.00
(-) Cash Required (M)-11,724.20-7,327.63-4,396.58
(=) Excess Retained (M)40,237.8044,634.3847,565.43
(/) Shares Outstanding (M)834.00834.00834.00
(=) Excess Retained per Share48.2553.5257.03
LTM Dividend per Share7.987.987.98
(+) Excess Retained per Share48.2553.5257.03
(=) Adjusted Dividend56.2361.5065.02
WACC / Discount Rate5.21%5.21%5.21%
Growth Rate5.50%6.50%7.50%
Fair Value$11,864.79$13,100.12$13,978.73
Upside / Downside869.58%970.53%1,042.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)58,621.0062,431.3766,489.4070,811.2175,413.9480,315.8582,725.33
Payout Ratio11.36%27.09%42.82%58.54%74.27%90.00%92.50%
Projected Dividends (M)6,659.0016,911.1128,467.8741,455.5556,011.3672,284.2776,520.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.21%5.21%5.21%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)15,922.7116,073.6416,224.56
Year 2 PV (M)25,237.4025,718.1026,203.34
Year 3 PV (M)34,603.2835,596.6136,608.78
Year 4 PV (M)44,020.5545,713.4647,454.73
Year 5 PV (M)53,489.4356,072.9958,755.43
PV of Terminal Value (M)2,561,917.402,685,658.972,814,136.42
Equity Value (M)2,735,190.772,864,833.772,999,383.25
Shares Outstanding (M)834.00834.00834.00
Fair Value$3,279.61$3,435.06$3,596.39
Upside / Downside168.01%180.71%193.89%

High-Yield Dividend Screener

« Prev Page 3 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
BLWBlackRock Limited Duration Income Trust11.50%$1.5893.39%
ELCEntergy Louisiana, LLC COLLATERAL TR MT11.33%$2.3457.35%
VIASPVia Renewables, Inc.11.33%$2.8849.21%
BUIBlackRock Utilities, Infrastructure & Power Opportunities Trust11.31%$2.9358.72%
JPCNuveen Preferred & Income Opportunities Fund11.24%$0.9167.43%
RILYB. Riley Financial, Inc.11.21%$0.5856.91%
PFOFlaherty & Crumrine Preferred Income Opportunity Fund Inc.11.06%$1.0543.18%
OXLCIOxford Lane Capital Corp.11.05%$2.8369.26%
USB-PSU.S. Bancorp Depositary Shares,10.98%$2.0243.68%
FLCFlaherty & Crumrine Total Return Fund Inc.10.93%$1.9242.77%
UTGReaves Utility Income Fund10.78%$4.0043.20%
CEMClearBridge MLP and Midstream Fund Inc10.77%$5.6046.76%
AIVApartment Investment and Management Company10.76%$0.6336.20%
DCFBNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.10.71%$0.9942.71%
CALMCal-Maine Foods, Inc.10.70%$8.4032.04%
EMOClearBridge Energy Midstream Opportunity Fund Inc10.65%$4.7926.74%
CTRClearBridge MLP and Midstream Total Return Fund Inc.10.63%$5.0047.43%
EIMEaton Vance Municipal Bond Fund10.57%$1.0364.33%
VZAVerizon Communications, 5.9% 15 Feb 205410.57%$2.7049.90%
BPOPMPopular Capital Trust II PFD GTD 6.125%10.45%$2.6726.93%
RITMRithm Capital Corp.10.45%$1.1571.36%
IHTAInvesco High Income 2024 Target Term Fund10.33%$0.7826.82%
WUThe Western Union Company10.30%$0.9540.76%
ERHAllspring Utilities and High Income Fund10.26%$1.2231.06%
GDVThe Gabelli Dividend & Income Trust10.25%$2.8539.93%
CIIBlackRock Enhanced Capital and Income Fund, Inc.10.23%$2.3844.19%
GBDCGolub Capital BDC, Inc.10.19%$1.3897.76%
PVCMXPalm Valley Capital Fund Investor Class10.19%$1.2483.81%
AEDVXEmerging Markets Debt Fund - Investor Class9.95%$0.9476.80%
HYTBlackRock Corporate High Yield Fund, Inc.9.83%$0.8799.09%
FFCFlaherty & Crumrine Preferred Securities Income Fund Inc.9.79%$1.6337.81%
WENThe Wendy's Company9.78%$0.8082.75%
CMSACMS Energy Corporation 5.6% JRSUB NT 789.77%$2.1762.27%
HIEMiller/Howard High Income Equity Fund9.63%$1.2198.11%
NMSNuveen Minnesota Quality Municipal Income Fund9.54%$1.1237.02%
CMSCCMS Energy Corporation 5.875% J9.48%$2.1762.27%
NEE-PNNextEra Energy, Inc. Series N J9.24%$2.2170.10%
CMSDCMS Energy Corporation 5.875% Junior Subordinated Notes due 20799.20%$2.1762.27%
VFLabrdn National Municipal Income Fund9.06%$0.9334.18%
UANCVR Partners, LP8.96%$9.0975.52%
GGZThe Gabelli Global Small and Mid Cap Value Trust8.95%$1.3448.03%
SUNSSunrise Realty Trust, Inc.8.95%$0.8388.91%
PTYPIMCO Corporate & Income Opportunity Fund8.93%$1.1588.40%
ATHSAthene Holding Ltd. 7.250% Fixe8.86%$2.2214.14%
APAMArtisan Partners Asset Management Inc.8.83%$3.6697.93%
VLTInvesco High Income Trust II8.83%$0.9846.97%
VTNInvesco Trust for Investment Grade New York Municipals8.75%$1.0165.99%
JEQAbrdn Japan Equity Fund Inc8.73%$0.6943.45%
MOAltria Group, Inc.8.69%$4.9894.54%
JGGCJaguar Global Growth Corporation I8.63%$0.1563.08%