Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Waste Management, Inc. (WM)

Company Dividend Discount ModelIndustry: Waste ManagementSector: Industrials

Valuation Snapshot

Stable Growth$224.69 - $1,252.38$429.83
Multi-Stage$155.84 - $170.50$163.04
Blended Fair Value$296.43
Current Price$220.83
Upside34.24%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.67%5.73%2.992.812.672.402.292.171.991.861.801.72
YoY Growth--6.51%5.48%11.03%4.64%5.82%9.23%6.93%3.31%4.46%0.29%
Dividend Yield--1.29%1.32%1.63%1.51%1.78%2.34%1.91%2.21%2.46%2.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,564.00
(-) Cash Dividends Paid (M)1,302.00
(=) Cash Retained (M)1,262.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)512.80320.50192.30
Cash Retained (M)1,262.001,262.001,262.00
(-) Cash Required (M)-512.80-320.50-192.30
(=) Excess Retained (M)749.20941.501,069.70
(/) Shares Outstanding (M)404.03404.03404.03
(=) Excess Retained per Share1.852.332.65
LTM Dividend per Share3.223.223.22
(+) Excess Retained per Share1.852.332.65
(=) Adjusted Dividend5.085.555.87
WACC / Discount Rate7.04%7.04%7.04%
Growth Rate4.67%5.67%6.67%
Fair Value$224.69$429.83$1,252.38
Upside / Downside1.75%94.64%467.13%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,564.002,709.472,863.193,025.633,197.283,378.683,480.04
Payout Ratio50.78%58.62%66.47%74.31%82.16%90.00%92.50%
Projected Dividends (M)1,302.001,588.401,903.102,248.402,626.763,040.813,219.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.04%7.04%7.04%
Growth Rate4.67%5.67%6.67%
Year 1 PV (M)1,469.911,483.951,497.99
Year 2 PV (M)1,629.761,661.051,692.63
Year 3 PV (M)1,781.831,833.381,885.93
Year 4 PV (M)1,926.382,001.052,077.88
Year 5 PV (M)2,063.672,164.152,268.51
PV of Terminal Value (M)54,093.7256,727.4959,462.87
Equity Value (M)62,965.2665,871.0768,885.80
Shares Outstanding (M)404.03404.03404.03
Fair Value$155.84$163.04$170.50
Upside / Downside-29.43%-26.17%-22.79%

High-Yield Dividend Screener

« Prev Page 41 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5271.KLPecca Group Berhad3.89%$0.0781.04%
8183.TWOInfo-Tek Corporation3.89%$1.3053.03%
BDMS-R.BKBangkok Dusit Medical Services Public Company Limited3.89%$0.7572.62%
DANHOS13.MXFibra Danhos3.89%$1.0936.98%
FPE.DEFuchs Petrolub SE3.89%$1.1751.86%
S63.SISingapore Technologies Engineering Ltd3.89%$0.3372.94%
SONIC.BKSonic Interfreight Public Company Limited3.89%$0.0633.00%
0QMW.LKuehne + Nagel International AG3.88%$9.9598.58%
600861.SSFESCO Group Co., Ltd.3.88%$0.7134.85%
CIV.PACaisse régionale de Crédit Agricole Mutuel d'Ille-et-Vilaine Société coopérative3.88%$4.0518.13%
DIR-UN.TODream Industrial Real Estate Investment Trust3.88%$0.4965.95%
GGBR3.SAGerdau S.A.3.88%$0.6845.15%
HMC.AXHMC Capital Limited3.88%$0.1611.87%
000728.SZGuoyuan Securities Company Limited3.87%$0.3252.50%
2145.HKShanghai Chicmax Cosmetic Co., Ltd.3.87%$2.6964.24%
600025.SSHuaneng Lancang River Hydropower Inc.3.87%$0.3575.95%
603970.SSSino-Agri Leading Biosciences Co.,Ltd3.87%$0.5074.51%
6509.TWOTaiwan Hopax Chems.Mfg.Co.,Ltd.3.87%$1.2549.65%
AKZA.ASAkzo Nobel N.V.3.87%$2.3195.66%
1763.HKChina Isotope & Radiation Corporation3.86%$0.8332.12%
600761.SSAnhui Heli Co.,Ltd.3.86%$0.8153.66%
605337.SSZhe Jiang Li Zi Yuan Food Co.,Ltd.3.86%$0.4692.31%
BOSS.DEHugo Boss AG3.86%$1.4043.29%
GOFORE.HEGofore Oyj3.86%$0.5283.77%
LOGO.ISLogo Yazilim Sanayi ve Ticaret A.S.3.86%$5.9443.46%
PKTM.VIPIERER Mobility AG3.86%$0.583.67%
SICT.BKSilicon Craft Technology Public Company Limited3.86%$0.0951.68%
000591.SZCECEP Solar Energy Co.,Ltd.3.85%$0.1763.11%
0QKI.LSwisscom AG3.85%$22.0191.35%
215200.KQMegaStudyEdu Co. Ltd3.85%$1,569.9734.80%
2163.TArtner Co.,Ltd.3.85%$81.5765.08%
3265.TWOWinstek Semiconductor Co., Ltd.3.85%$4.8095.49%
6301.TKomatsu Ltd.3.85%$192.6642.48%
9563.SRBena Steel Industries Co.3.85%$1.5884.07%
CPN-R.BKCentral Pattana Public Company Limited3.85%$2.1257.57%
000080.KSHITEJINRO Co., Ltd.3.84%$700.2055.98%
601921.SSZhejiang Publishing & Media Co., Ltd.3.84%$0.3051.98%
9945.TWRuentex Development Co.,Ltd.3.84%$1.1433.31%
AGUAS-A.SNAguas Andinas S.A.3.84%$14.2270.41%
TNKTeekay Tankers Ltd.3.84%$1.9821.29%
WALMEX.MXWal-Mart de México, S.A.B. de C.V.3.84%$2.1674.07%
000810.KSSamsung Fire & Marine Insurance Co., Ltd.3.83%$19,037.8640.33%
0QPW.LZug Estates Holding AG3.83%$85.0029.91%
9910.TWFeng Tay Enterprises Co., Ltd.3.83%$4.3186.98%
CTC-A.TOCanadian Tire Corporation, Limited3.83%$6.7249.69%
LOR.DEL'Oréal S.A.3.83%$13.9859.38%
SOBOSouth Bow Corporation3.83%$1.0769.36%
0799.HKIGG Inc3.82%$0.1512.76%
105630.KSHansae Co., Ltd.3.82%$500.3039.98%
SIX2.DESixt SE3.82%$2.7144.65%