Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Steelcase Inc. (SCS)

Company Dividend Discount ModelIndustry: Business Equipment & SuppliesSector: Industrials

Valuation Snapshot

Stable Growth$4.29 - $5.89$5.10
Multi-Stage$8.20 - $9.01$8.59
Blended Fair Value$6.84
Current Price$16.74
Upside-59.11%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-7.18%-0.98%0.400.400.490.530.370.590.550.520.500.48
YoY Growth--0.00%-16.93%-8.47%43.91%-37.05%7.47%5.41%4.27%2.63%8.57%
Dividend Yield--3.91%3.06%6.83%4.30%2.55%5.06%3.26%3.67%2.96%3.04%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)95.30
(-) Cash Dividends Paid (M)47.70
(=) Cash Retained (M)47.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)19.0611.917.15
Cash Retained (M)47.6047.6047.60
(-) Cash Required (M)-19.06-11.91-7.15
(=) Excess Retained (M)28.5435.6940.45
(/) Shares Outstanding (M)117.98117.98117.98
(=) Excess Retained per Share0.240.300.34
LTM Dividend per Share0.400.400.40
(+) Excess Retained per Share0.240.300.34
(=) Adjusted Dividend0.650.710.75
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-5.19%-4.19%-3.19%
Fair Value$4.29$5.10$5.89
Upside / Downside-74.39%-69.56%-64.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)95.3091.3087.4883.8180.2976.9379.24
Payout Ratio50.05%58.04%66.03%74.02%82.01%90.00%92.50%
Projected Dividends (M)47.7052.9957.7662.0465.8569.2373.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-5.19%-4.19%-3.19%
Year 1 PV (M)48.0748.5849.08
Year 2 PV (M)47.5248.5349.55
Year 3 PV (M)46.2947.7749.29
Year 4 PV (M)44.5746.4848.45
Year 5 PV (M)42.5144.8047.18
PV of Terminal Value (M)737.91777.66819.10
Equity Value (M)966.871,013.821,062.65
Shares Outstanding (M)117.98117.98117.98
Fair Value$8.20$8.59$9.01
Upside / Downside-51.04%-48.66%-46.19%

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%