Definitive Analysis
Definitive Analysis

Get Full Access

See Pricing Start Free Trial

Agilent Technologies, Inc. (A)

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

Valuation Snapshot

Stable Growth$68.56 - $126.70$92.45
Multi-Stage$67.05 - $73.37$70.15
Blended Fair Value$81.30
Current Price$146.36
Upside-44.45%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS4.90%7.81%0.990.960.930.880.830.780.720.670.600.53
YoY Growth--2.92%3.40%6.00%5.93%6.31%7.77%7.85%12.35%13.33%12.78%
Dividend Yield--0.68%0.63%0.71%0.58%0.59%0.64%0.87%0.88%0.81%1.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,303.00
(-) Cash Dividends Paid (M)282.00
(=) Cash Retained (M)1,021.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)260.60162.8897.73
Cash Retained (M)1,021.001,021.001,021.00
(-) Cash Required (M)-260.60-162.88-97.73
(=) Excess Retained (M)760.40858.13923.28
(/) Shares Outstanding (M)285.25285.25285.25
(=) Excess Retained per Share2.673.013.24
LTM Dividend per Share0.990.990.99
(+) Excess Retained per Share2.673.013.24
(=) Adjusted Dividend3.654.004.23
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate3.58%4.58%5.58%
Fair Value$68.56$92.45$126.70
Upside / Downside-53.16%-36.83%-13.43%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,303.001,362.641,425.011,490.231,558.441,629.771,678.66
Payout Ratio21.64%35.31%48.99%62.66%76.33%90.00%92.50%
Projected Dividends (M)282.00481.20698.05933.731,189.531,466.791,552.76

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate3.58%4.58%5.58%
Year 1 PV (M)436.85441.07445.29
Year 2 PV (M)575.31586.48597.75
Year 3 PV (M)698.64719.07739.90
Year 4 PV (M)808.01839.67872.25
Year 5 PV (M)904.52949.04995.29
PV of Terminal Value (M)15,702.5016,475.2917,278.21
Equity Value (M)19,125.8420,010.6220,928.68
Shares Outstanding (M)285.25285.25285.25
Fair Value$67.05$70.15$73.37
Upside / Downside-54.19%-52.07%-49.87%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%