Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Amdocs Limited (DOX)

Company Dividend Discount ModelIndustry: Software - InfrastructureSector: Technology

Valuation Snapshot

Stable Growth$51.84 - $81.84$65.56
Multi-Stage$68.17 - $74.64$71.34
Blended Fair Value$68.45
Current Price$91.24
Upside-24.97%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS6.46%8.33%2.011.901.781.671.591.471.321.201.090.98
YoY Growth--5.86%6.27%7.19%4.85%8.17%11.14%9.92%10.53%11.16%8.45%
Dividend Yield--2.20%2.23%2.03%1.83%2.12%2.07%1.83%2.05%1.64%1.68%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)565.49
(-) Cash Dividends Paid (M)224.39
(=) Cash Retained (M)341.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)113.1070.6942.41
Cash Retained (M)341.10341.10341.10
(-) Cash Required (M)-113.10-70.69-42.41
(=) Excess Retained (M)228.00270.41298.69
(/) Shares Outstanding (M)111.75111.75111.75
(=) Excess Retained per Share2.042.422.67
LTM Dividend per Share2.012.012.01
(+) Excess Retained per Share2.042.422.67
(=) Adjusted Dividend4.054.434.68
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.20%2.20%3.20%
Fair Value$51.84$65.56$81.84
Upside / Downside-43.18%-28.14%-10.30%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)565.49577.91590.60603.57616.82630.37649.28
Payout Ratio39.68%49.75%59.81%69.87%79.94%90.00%92.50%
Projected Dividends (M)224.39287.48353.23421.73493.07567.33600.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.20%2.20%3.20%
Year 1 PV (M)260.93263.51266.09
Year 2 PV (M)290.99296.77302.61
Year 3 PV (M)315.33324.78334.40
Year 4 PV (M)334.62348.05361.87
Year 5 PV (M)349.46367.07385.39
PV of Terminal Value (M)6,066.666,372.406,690.33
Equity Value (M)7,618.017,972.578,340.69
Shares Outstanding (M)111.75111.75111.75
Fair Value$68.17$71.34$74.64
Upside / Downside-25.28%-21.81%-18.20%

High-Yield Dividend Screener

« Prev Page 33 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
2948.TWOBausen Inc.4.66%$1.7780.08%
600368.SSGuangxi Wuzhou Communications Co., Ltd.4.66%$0.1845.90%
688606.SSHangzhou Alltest Biotech Co., Ltd.4.66%$2.9879.11%
CHG-R.BKChularat Hospital Public Company Limited4.66%$0.0796.65%
CRT-UN.TOCT Real Estate Investment Trust4.66%$0.7646.43%
KWC.BKKrungdhep Sophon Public Company Limited4.66%$12.4880.34%
QNT.WAQuantum Software S.A.4.66%$1.7748.50%
TOUP.PATouax SCA4.66%$0.2220.71%
002948.SZBank of Qingdao Co., Ltd.4.65%$0.2125.26%
175330.KSJB Financial Group Co., Ltd.4.65%$1,171.1832.82%
ATRAV.HEAtria Oyj4.65%$0.7045.12%
INSET.BKInfraset Public Company Limited4.65%$0.0893.21%
OMAB.MXGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.4.65%$11.2781.96%
TCO.AXTransmetro Corporation Limited4.65%$0.1027.59%
TCO0.DETesco PLC4.65%$0.2458.23%
2748.TWFDC International Hotels Corporation4.64%$2.0087.06%
600351.SSYabao Pharmaceutical Group Co., Ltd4.64%$0.3094.39%
6345.TAichi Corporation4.64%$63.5566.53%
7030.SRMobile Telecommunications Company Saudi Arabia4.64%$0.4967.65%
293480.KSHana Pharm Co., Ltd.4.63%$510.7544.31%
ALFPC.PAFountaine Pajot S.A.4.63%$4.7715.78%
EKTR3.SAElektro Redes S.A.4.63%$2.2847.37%
002749.SZSichuan Guoguang Agrochemical Co., Ltd.4.62%$0.6275.36%
0ROG.LGalenica AG4.62%$4.5160.87%
2534.TWHung Sheng Construction Ltd.4.62%$0.9640.22%
600757.SSChangjiang Publishing & Media Co.,Ltd4.62%$0.4144.68%
8976.TDaiwa Office Investment Corporation4.62%$17,319.0261.76%
BBTN.JKPT Bank Tabungan Negara (Persero) Tbk4.62%$53.5723.29%
SICO.JKPT Sigma Energy Compressindo Tbk4.62%$6.0046.65%
016360.KSSamsung Securities Co., Ltd.4.61%$3,499.8033.25%
603967.SSChina Master Logistics Co., Ltd.4.61%$0.6384.73%
ERAA.JKPT Erajaya Swasembada Tbk4.61%$19.0029.20%
FCR-UN.TOFirst Capital Real Estate Investment Trust4.61%$0.8771.15%
HELN.SWHelvetia Holding AG4.61%$9.6376.62%
SAUCE.BKThaitheparos Public Company Limited4.61%$1.7986.46%
SFSN.SWSFS Group AG4.61%$5.0039.88%
256150.KQHandok Clean Tech Co., Ltd.4.60%$251.5861.57%
600066.SSYutong Bus Co.,Ltd.4.60%$1.5066.89%
6369.TToyo Kanetsu K.K.4.60%$114.2124.14%
AUI.AXAustralian United Investment Company Limited4.60%$0.5263.93%
EXAE.ATHellenic Exchanges - Athens Stock Exchange S.A.4.60%$0.2978.34%
0837.HKCarpenter Tan Holdings Limited4.59%$0.3624.98%
ANSGR.ISAnadolu Anonim Türk Sigorta Sirketi4.59%$1.0517.19%
GLVA.JKPT Galva Technologies Tbk4.59%$19.2060.20%
TEAMG.BKTEAM Consulting Engineering and Management Public Company Limited4.59%$0.1556.43%
UMG.ASUniversal Music Group N.V.4.59%$1.0144.97%
5293.KLAME Elite Consortium Berhad4.58%$0.0740.76%
6534.TWCH Biotech R&D Co., Ltd.4.58%$4.1095.94%
6817.TSumida Corporation4.58%$52.4586.38%
AUDCAudioCodes Ltd.4.58%$0.4082.97%