Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Patterson Companies, Inc. (PDCO)

Company Dividend Discount ModelIndustry: Medical - DistributionSector: Healthcare

Valuation Snapshot

Stable Growth$19.38 - $32.98$25.29
Multi-Stage$27.60 - $30.22$28.89
Blended Fair Value$27.09
Current Price$30.93
Upside-12.42%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-0.23%1.39%1.101.141.130.841.131.121.111.081.020.92
YoY Growth---2.97%0.23%34.49%-25.15%0.98%0.27%3.43%5.86%10.81%-4.55%
Dividend Yield--4.19%3.49%3.65%2.52%4.50%5.69%4.68%2.55%2.06%1.90%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)138.78
(-) Cash Dividends Paid (M)92.48
(=) Cash Retained (M)46.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)27.7617.3510.41
Cash Retained (M)46.3046.3046.30
(-) Cash Required (M)-27.76-17.35-10.41
(=) Excess Retained (M)18.5428.9535.89
(/) Shares Outstanding (M)89.1789.1789.17
(=) Excess Retained per Share0.210.320.40
LTM Dividend per Share1.041.041.04
(+) Excess Retained per Share0.210.320.40
(=) Adjusted Dividend1.251.361.44
WACC / Discount Rate7.85%7.85%7.85%
Growth Rate1.34%2.34%3.34%
Fair Value$19.38$25.29$32.98
Upside / Downside-37.34%-18.24%6.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)138.78142.02145.33148.73152.20155.75160.43
Payout Ratio66.64%71.31%75.98%80.66%85.33%90.00%92.50%
Projected Dividends (M)92.48101.27110.43119.96129.87140.18148.39

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.85%7.85%7.85%
Growth Rate1.34%2.34%3.34%
Year 1 PV (M)92.9993.9094.82
Year 2 PV (M)93.1094.9496.81
Year 3 PV (M)92.8695.6398.46
Year 4 PV (M)92.3196.0099.81
Year 5 PV (M)91.4896.09100.87
PV of Terminal Value (M)1,998.492,099.072,203.65
Equity Value (M)2,461.222,575.642,694.43
Shares Outstanding (M)89.1789.1789.17
Fair Value$27.60$28.89$30.22
Upside / Downside-10.76%-6.61%-2.30%

High-Yield Dividend Screener

« Prev Page 43 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9541.SRAcademy Of Learning Company3.74%$0.4378.32%
BBCA.JKPT Bank Central Asia Tbk3.74%$300.0564.91%
BKGI.BKBangkok Genomics Innovation Public Company Limited3.74%$0.0588.71%
DACDanaos Corporation3.74%$3.5614.02%
JKON.JKPT Jaya Konstruksi Manggala Pratama Tbk3.74%$3.2545.42%
MDKI.JKPT Emdeki Utama Tbk3.74%$8.0062.54%
NORCO.OLNorconsult ASA3.74%$1.6672.73%
SLCE3.SASLC Agrícola S.A.3.74%$0.5541.84%
3948.HKInner Mongolia Yitai Coal Co., Ltd.3.73%$0.6524.32%
IDPR.JKPT Indonesia Pondasi Raya Tbk3.73%$10.0075.77%
KIMBERA.MXKimberly-Clark de México, S. A. B. de C. V.3.73%$1.4357.51%
PGMN3.SAEmpreendimentos Pague Menos S.A.3.73%$0.2374.59%
QIBK.QAQatar Islamic Bank (Q.P.S.C.)3.73%$0.8944.73%
002367.SZCanny Elevator Co., Ltd.3.72%$0.3060.41%
600300.SSV V Food & Beverage Co.,Ltd3.72%$0.1351.92%
603899.SSShanghai M&G Stationery Inc.3.72%$1.0169.72%
RHC.AXRamsay Health Care Limited3.72%$1.2932.49%
000999.SZChina Resources Sanjiu Medical & Pharmaceutical Co., Ltd.3.71%$1.0663.26%
214180.KQHecto Innovation Co., Ltd.3.71%$602.8723.75%
603948.SSZhejiang Jianye Chemical Co., Ltd.3.71%$1.0175.31%
6089.TWill Group, Inc.3.71%$44.4274.52%
QNNS.QAQatar Navigation Q.P.S.C.3.71%$0.4038.98%
016610.KSDB Securities Co., Ltd.3.70%$404.3430.24%
2471.TS-Pool, Inc.3.70%$10.1043.62%
3430.TWOChitec Technology Co., Ltd.3.70%$2.5075.20%
4560.TWStrong H Machinery Technology (Cayman) Incorporation3.70%$1.2042.07%
5347.KLTenaga Nasional Berhad3.70%$0.5162.35%
LOOMIS.STLoomis AB (publ)3.70%$14.1053.46%
MIDW-A.STMidway Holding AB (publ)3.70%$0.9165.00%
PNDORA.COPandora A/S3.70%$25.7237.06%
SPVI.BKS P V I Public Company Limited3.70%$0.0837.67%
3401.TTeijin Limited3.69%$49.9735.81%
BZU.MIBuzzi Unicem S.p.A.3.69%$1.9018.48%
CWP.AXCedar Woods Properties Limited3.69%$0.3115.67%
CX.STCombinedX AB (publ)3.69%$1.3755.29%
REH.AXReece Limited3.69%$0.4943.22%
000783.SZChangjiang Securities Company Limited3.68%$0.3043.98%
014820.KSDongwon Systems Corporation3.68%$916.7745.73%
2245.HKLygend Resources & Technology Co., Ltd.3.68%$0.9136.29%
5DD.SIMicro-Mechanics (Holdings) Ltd.3.68%$0.0666.85%
600598.SSHeilongjiang Agriculture Company Limited3.68%$0.5589.21%
601156.SSEastern Air Logistics Co., Ltd.3.68%$0.6841.00%
NICL.JKPT PAM Mineral Tbk3.68%$51.0099.38%
PNBN.JKP.T. Bank Pan Indonesia Tbk3.68%$42.0037.86%
3617.TWCyber Power Systems, Inc.3.67%$7.6445.54%
5296.KLMr D.I.Y. Group (M) Berhad3.67%$0.0687.61%
600535.SSTasly Pharmaceutical Group Co., Ltd3.67%$0.5575.36%
8424.TFuyo General Lease Co., Ltd.3.67%$157.5152.44%
9937.TWNational Petroleum Co., Ltd.3.67%$2.1088.32%
KEMIRA.HEKemira Oyj3.67%$0.7249.87%