Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Weis Markets, Inc. (WMK)

Company Dividend Discount ModelIndustry: Grocery StoresSector: Consumer Defensive

Valuation Snapshot

Stable Growth$93.76 - $272.04$147.26
Multi-Stage$89.52 - $98.08$93.72
Blended Fair Value$120.49
Current Price$72.84
Upside65.42%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.86%1.26%1.391.391.331.281.271.271.241.231.231.23
YoY Growth--0.00%4.62%4.00%0.81%0.00%2.48%0.83%0.00%0.00%0.00%
Dividend Yield--1.80%2.17%1.57%1.73%2.21%3.29%3.04%3.00%2.06%2.88%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)99.92
(-) Cash Dividends Paid (M)35.85
(=) Cash Retained (M)64.07
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)19.9812.497.49
Cash Retained (M)64.0764.0764.07
(-) Cash Required (M)-19.98-12.49-7.49
(=) Excess Retained (M)44.0851.5856.57
(/) Shares Outstanding (M)26.2226.2226.22
(=) Excess Retained per Share1.681.972.16
LTM Dividend per Share1.371.371.37
(+) Excess Retained per Share1.681.972.16
(=) Adjusted Dividend3.053.333.52
WACC / Discount Rate6.98%6.98%6.98%
Growth Rate3.61%4.61%5.61%
Fair Value$93.76$147.26$272.04
Upside / Downside28.72%102.17%273.47%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)99.92104.52109.34114.37119.64125.16128.91
Payout Ratio35.88%46.70%57.53%68.35%79.18%90.00%92.50%
Projected Dividends (M)35.8548.8162.9078.1894.73112.64119.24

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.98%6.98%6.98%
Growth Rate3.61%4.61%5.61%
Year 1 PV (M)45.2045.6346.07
Year 2 PV (M)53.9254.9656.02
Year 3 PV (M)62.0463.8665.71
Year 4 PV (M)69.6172.3375.14
Year 5 PV (M)76.6380.4084.32
PV of Terminal Value (M)2,040.242,140.622,244.91
Equity Value (M)2,347.632,457.812,572.16
Shares Outstanding (M)26.2226.2226.22
Fair Value$89.52$93.72$98.08
Upside / Downside22.90%28.67%34.66%

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