Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Badger Meter, Inc. (BMI)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$109.76 - $289.50$167.54
Multi-Stage$75.76 - $82.75$79.19
Blended Fair Value$123.37
Current Price$178.58
Upside-30.92%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.03%12.92%1.210.980.840.750.690.630.550.480.420.38
YoY Growth--23.39%16.76%12.30%8.92%9.38%14.33%14.42%14.08%10.66%5.91%
Dividend Yield--0.64%0.62%0.69%0.75%0.74%1.18%0.99%1.02%1.15%1.15%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)138.78
(-) Cash Dividends Paid (M)41.78
(=) Cash Retained (M)97.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)27.7617.3510.41
Cash Retained (M)97.0097.0097.00
(-) Cash Required (M)-27.76-17.35-10.41
(=) Excess Retained (M)69.2479.6586.59
(/) Shares Outstanding (M)29.5229.5229.52
(=) Excess Retained per Share2.352.702.93
LTM Dividend per Share1.421.421.42
(+) Excess Retained per Share2.352.702.93
(=) Adjusted Dividend3.764.114.35
WACC / Discount Rate9.11%9.11%9.11%
Growth Rate5.50%6.50%7.50%
Fair Value$109.76$167.54$289.50
Upside / Downside-38.54%-6.18%62.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)138.78147.80157.40167.63178.53190.14195.84
Payout Ratio30.10%42.08%54.06%66.04%78.02%90.00%92.50%
Projected Dividends (M)41.7862.2085.10110.71139.29171.12181.15

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.11%9.11%9.11%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)56.4757.0057.54
Year 2 PV (M)70.1471.4772.82
Year 3 PV (M)82.8485.2287.64
Year 4 PV (M)94.6298.26102.01
Year 5 PV (M)105.54110.63115.93
PV of Terminal Value (M)1,827.171,915.422,007.05
Equity Value (M)2,236.772,338.012,442.99
Shares Outstanding (M)29.5229.5229.52
Fair Value$75.76$79.19$82.75
Upside / Downside-57.57%-55.65%-53.66%

High-Yield Dividend Screener

« Prev Page 51 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
032560.KSHwang Kum Steel & Technology Co., Ltd3.18%$186.8216.67%
036800.KQNice Information & Telecommunication, Inc.3.18%$810.0915.68%
0E9V.LEnergiekontor AG3.18%$1.1915.28%
0OG6.LSéché Environnement S.A.3.18%$2.3123.47%
BISI.JKPT BISI International Tbk3.18%$28.0058.11%
ESSITY-A.STEssity AB (publ)3.18%$8.3146.35%
WDP.BRWarehouses De Pauw3.18%$0.7043.49%
002030.KSAsia Holdings Co., Ltd.3.17%$10,332.5636.76%
002532.SZTianshan Aluminum Group Co., Ltd.3.17%$0.5150.09%
012280.KSYeong Hwa Metal Co., Ltd.3.17%$30.0812.47%
0QOB.LAutoneum Holding AG3.17%$5.3138.94%
0RV0.LReply S.p.A.3.17%$3.1542.92%
8174.TNippon Gas Co., Ltd.3.17%$94.1480.69%
PTMP.JKPT Mitra Pack Tbk3.17%$2.6677.22%
QGTS.QAQatar Gas Transport Company Limited (Nakilat) (QPSC)3.17%$0.1447.21%
YKBNK.ISYapi ve Kredi Bankasi A.S.3.17%$1.2122.97%
003200.KSIlshin Spinning Co.,Ltd3.16%$378.1131.94%
092730.KQNeoPharm Co. Ltd.3.16%$600.6333.76%
EALT3.SAElectro Aço Altona S.A.3.16%$0.469.60%
028670.KSPan Ocean Co., Ltd.3.15%$119.6221.90%
1508.HKChina Reinsurance (Group) Corporation3.15%$0.0611.64%
2945.TWSimple Mart Retail Co., Ltd.3.15%$1.2058.50%
3167.TTOKAI Holdings Corporation3.15%$34.0942.72%
ACLN.SWAccelleron Industries AG3.15%$1.9453.11%
ALWEC.PAWe.Connect S.A.3.15%$0.7711.96%
PWH.AXPWR Holdings Limited3.15%$0.2572.35%
603115.SSNantong Haixing Electronics Co., Ltd.3.14%$0.5970.53%
603730.SSShanghai Daimay Automotive Interior Co., Ltd3.14%$0.2794.69%
6459.TDaiwa Industries Ltd.3.14%$49.9046.32%
7849.TStarts Publishing Corporation3.14%$119.6231.71%
KDH.BKThonburi Medical Centre Public Company Limited3.14%$2.5432.51%
OISHI.BKOishi Group Public Company Limited3.14%$1.6048.61%
TAALA.HETaaleri Oyj3.14%$0.2433.28%
WIE.VIWienerberger AG3.14%$0.9555.36%
2645.TWEvergreen Aviation Technologies Corporation3.13%$4.4985.07%
4561.TWOKenturn Nano. Tec. Co., Ltd.3.13%$1.0196.50%
601330.SSDynagreen Environmental Protection Group Co., Ltd.3.13%$0.2141.43%
603939.SSYifeng Pharmacy Chain Co., Ltd.3.13%$0.6850.18%
6287.TSato Holdings Corporation3.13%$75.1834.02%
EUCA3.SAEucatex S.A. Indústria e Comércio3.13%$0.6521.57%
MAIRE.MIMaire Tecnimont S.p.A.3.13%$0.4157.25%
MI-UN.TOMinto Apartment Real Estate Investment Trust3.13%$0.4335.25%
100120.KQVieworks Co., Ltd.3.12%$614.2427.04%
601200.SSShanghai Environment Group Co., Ltd3.12%$0.2556.81%
9611.SRArabian United Float Glass Company3.12%$1.0025.86%
000933.SZHenan Shenhuo Coal Industary and Electricity Power Corporation Limited Class A3.11%$0.8544.77%
2402.TWIchia Technologies, Inc.3.11%$1.9778.30%
600352.SSZhejiang Longsheng Group Co.,Ltd3.11%$0.3352.01%
600529.SSShandong Pharmaceutical Glass Co., Ltd3.11%$0.6253.78%
6416.TWCASwell Inc.3.11%$2.8067.49%