Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Seaboard Corporation (SEB)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$12,822.97 - $60,505.84$22,660.56
Multi-Stage$10,800.85 - $11,850.56$11,315.87
Blended Fair Value$16,988.21
Current Price$3,747.42
Upside353.33%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS63.54%0.00%120.9310.3410.3410.3410.3410.347.237.230.000.00
YoY Growth--1,070.00%0.00%0.00%0.00%0.00%42.86%0.00%0.00%0.00%0.00%
Dividend Yield--4.46%0.32%0.27%0.24%0.27%0.36%0.17%0.17%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)398.00
(-) Cash Dividends Paid (M)20.00
(=) Cash Retained (M)378.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)79.6049.7529.85
Cash Retained (M)378.00378.00378.00
(-) Cash Required (M)-79.60-49.75-29.85
(=) Excess Retained (M)298.40328.25348.15
(/) Shares Outstanding (M)0.970.970.97
(=) Excess Retained per Share308.41339.26359.83
LTM Dividend per Share20.6720.6720.67
(+) Excess Retained per Share308.41339.26359.83
(=) Adjusted Dividend329.08359.93380.50
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate3.88%4.88%5.88%
Fair Value$12,822.97$22,660.56$60,505.84
Upside / Downside242.18%504.70%1,514.60%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)398.00417.41437.76459.10481.49504.97520.11
Payout Ratio5.03%22.02%39.02%56.01%73.01%90.00%92.50%
Projected Dividends (M)20.0091.91170.79257.14351.51454.47481.11

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate3.88%4.88%5.88%
Year 1 PV (M)85.4586.2787.09
Year 2 PV (M)147.61150.46153.35
Year 3 PV (M)206.60212.63218.77
Year 4 PV (M)262.55272.81283.36
Year 5 PV (M)315.57331.06347.15
PV of Terminal Value (M)9,432.469,895.3110,376.16
Equity Value (M)10,450.2510,948.5411,465.88
Shares Outstanding (M)0.970.970.97
Fair Value$10,800.85$11,315.87$11,850.56
Upside / Downside188.22%201.96%216.23%

High-Yield Dividend Screener

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