Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Danaher Corporation (DHR)

Company Dividend Discount ModelIndustry: Medical - Diagnostics & ResearchSector: Healthcare

Valuation Snapshot

Stable Growth$122.67 - $361.09$193.46
Multi-Stage$81.63 - $89.21$85.35
Blended Fair Value$139.41
Current Price$184.84
Upside-24.58%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.82%12.93%1.061.141.131.030.850.730.600.520.550.49
YoY Growth---6.46%0.37%10.24%20.65%16.70%21.60%14.57%-5.38%12.91%55.51%
Dividend Yield--0.52%0.45%0.51%0.40%0.43%0.61%0.51%0.60%0.73%0.76%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,503.00
(-) Cash Dividends Paid (M)847.00
(=) Cash Retained (M)2,656.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)700.60437.88262.73
Cash Retained (M)2,656.002,656.002,656.00
(-) Cash Required (M)-700.60-437.88-262.73
(=) Excess Retained (M)1,955.402,218.132,393.28
(/) Shares Outstanding (M)722.70722.70722.70
(=) Excess Retained per Share2.713.073.31
LTM Dividend per Share1.171.171.17
(+) Excess Retained per Share2.713.073.31
(=) Adjusted Dividend3.884.244.48
WACC / Discount Rate8.83%8.83%8.83%
Growth Rate5.50%6.50%7.50%
Fair Value$122.67$193.46$361.09
Upside / Downside-33.63%4.66%95.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,503.003,730.703,973.194,231.454,506.494,799.414,943.40
Payout Ratio24.18%37.34%50.51%63.67%76.84%90.00%92.50%
Projected Dividends (M)847.001,393.172,006.762,694.243,462.604,319.474,572.64

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.83%8.83%8.83%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,268.061,280.081,292.10
Year 2 PV (M)1,662.521,694.181,726.15
Year 3 PV (M)2,031.612,089.932,149.36
Year 4 PV (M)2,376.532,467.922,561.93
Year 5 PV (M)2,698.402,828.732,964.05
PV of Terminal Value (M)48,957.2351,321.8853,777.03
Equity Value (M)58,994.3461,682.7364,470.62
Shares Outstanding (M)722.70722.70722.70
Fair Value$81.63$85.35$89.21
Upside / Downside-55.84%-53.82%-51.74%

High-Yield Dividend Screener

« Prev Page 37 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
030200.KSKT Corporation4.28%$2,195.0057.50%
0QL7.LCompagnie Financière Tradition S.A.4.28%$12.3042.79%
603788.SSNingbo Gaofa Automotive Control System Co., Ltd.4.28%$0.7080.53%
CONCHATORO.SNViña Concha y Toro S.A.4.28%$43.5341.21%
EDHN.SWEnergiedienst Holding AG4.28%$1.6927.11%
LHPF.BKLand and Houses Freehold and Leasehold Property Fund4.28%$0.2228.94%
003816.SZCGN Power Co., Ltd.4.27%$0.1686.16%
033920.KSMuhak Co., Ltd.4.27%$390.0321.54%
0NWC.Lsecunet Security Networks AG4.27%$7.8278.31%
HAKI-B.STHAKI Safety AB (publ)4.27%$0.9165.00%
ULG.WAUltimate Games S.A.4.27%$0.5063.41%
0QQ6.LRoche Holding AG4.26%$14.3770.63%
3287.THoshino Resorts REIT, Inc.4.26%$11,118.4364.80%
4161.SRBin Dawood Holding Company4.26%$0.2086.85%
600548.SSShenzhen Expressway Corporation Limited4.26%$0.3776.64%
0F8V.LAkwel4.25%$0.3514.62%
GGPS3.SAGPS Participações e Empreendimentos S.A.4.25%$0.6869.54%
NNGF.DENational Grid plc4.25%$0.5760.16%
002352.SZS.F. Holding Co., Ltd.4.24%$1.6375.31%
075180.KSSaeron Automotive Corporation4.24%$139.9669.90%
3052.TWApex Science & Engineering Corp.4.24%$0.5142.05%
600874.SSTianjin Capital Environmental Protection Group Company Limited4.24%$0.2547.55%
603277.SSYindu Kitchen Equipment Co., Ltd4.24%$0.7181.68%
6436.TAmano Corporation4.24%$178.4472.65%
IFI.WAIfirma S.A.4.24%$1.4070.58%
INA.AXIngenia Communities Group4.24%$0.2263.81%
000685.SZZhongshan Public Utilities Group Co.,Ltd.4.23%$0.4952.11%
BRAV.STBravida Holding AB (publ)4.23%$3.7466.06%
DBG.PADerichebourg S.A.4.23%$0.2922.71%
EZZ.AXEZZ Life Science Holdings Limited4.23%$0.0621.17%
INTB3.SAIntelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira4.23%$0.4933.98%
078000.KSTelcoware Co.,Ltd.4.22%$636.2960.41%
0QQY.LMobimo Holding AG4.22%$10.1529.78%
2337.HKUnited Strength Power Holdings Limited4.22%$0.0729.24%
284740.KSCUCKOO Homesys Co., Ltd4.22%$1,000.3319.58%
603195.SSGoneo Group Co., Ltd.4.22%$1.7277.84%
8972.TKDX Realty Investment Corporation4.22%$7,423.1334.15%
ALOS3.SAAllos S.A.4.22%$1.2081.15%
VVL.OLVoss Veksel- og Landmandsbank ASA4.22%$17.0543.31%
600361.SSInnovation New Material Technology Co., Ltd. Class A4.21%$0.1877.50%
603008.SSXilinmen Furniture Co.,Ltd4.21%$0.8692.46%
PJAA.JKPT Pembangunan Jaya Ancol Tbk4.21%$24.0027.50%
SPC.BKSaha Pathanapibul Public Company Limited4.21%$2.4230.73%
603365.SSShanghai Shuixing Home Textile Co., Ltd.4.20%$0.8864.58%
6275.TWOYen Sun Technology Corporation4.20%$2.2581.25%
CULTIBAB.MXOrganización Cultiba, S.A.B. de C.V.4.20%$0.5024.67%
HEID.SWHeidelbergCement AG4.20%$3.3031.09%
002597.SZAnhui Jinhe Industrial Co.,Ltd.4.19%$0.8788.56%
003780.KSChin Yang Industry Co., Ltd.4.19%$281.3537.66%
CWC.DECEWE Stiftung & Co. KGaA4.19%$4.2753.25%