Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Sealed Air Corporation (0L4F.L)

Company Dividend Discount ModelIndustry: Packaging & ContainersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$27.71 - $44.05$35.15
Multi-Stage$41.07 - $45.07$43.03
Blended Fair Value$39.09
Current Price$34.62
Upside12.91%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.55%0.62%0.800.800.810.790.680.670.710.810.830.73
YoY Growth--0.08%-0.51%2.51%15.14%1.31%-4.80%-13.03%-1.56%13.86%-3.70%
Dividend Yield--2.81%2.24%1.77%1.18%1.49%2.62%1.53%1.93%2.09%1.83%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)393.00
(-) Cash Dividends Paid (M)118.40
(=) Cash Retained (M)274.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)78.6049.1329.48
Cash Retained (M)274.60274.60274.60
(-) Cash Required (M)-78.60-49.13-29.48
(=) Excess Retained (M)196.00225.48245.13
(/) Shares Outstanding (M)147.08147.08147.08
(=) Excess Retained per Share1.331.531.67
LTM Dividend per Share0.810.810.81
(+) Excess Retained per Share1.331.531.67
(=) Adjusted Dividend2.142.342.47
WACC / Discount Rate8.14%8.14%8.14%
Growth Rate0.39%1.39%2.39%
Fair Value$27.71$35.15$44.05
Upside / Downside-19.97%1.52%27.24%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)393.00398.48404.03409.66415.37421.16433.79
Payout Ratio30.13%42.10%54.08%66.05%78.03%90.00%92.50%
Projected Dividends (M)118.40167.77218.48270.58324.09379.04401.26

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.14%8.14%8.14%
Growth Rate0.39%1.39%2.39%
Year 1 PV (M)153.61155.14156.67
Year 2 PV (M)183.17186.83190.54
Year 3 PV (M)207.70213.97220.36
Year 4 PV (M)227.78237.00246.49
Year 5 PV (M)243.92256.32269.21
PV of Terminal Value (M)5,024.765,280.055,545.61
Equity Value (M)6,040.956,329.316,628.87
Shares Outstanding (M)147.08147.08147.08
Fair Value$41.07$43.03$45.07
Upside / Downside18.64%24.31%30.19%

High-Yield Dividend Screener

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