Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

First Trust New Opportunities MLP & Energy Fund (FPL)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$13.25 - $19.59$16.28
Multi-Stage$24.80 - $27.23$25.99
Blended Fair Value$21.13
Current Price$6.68
Upside216.39%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS0.00%0.00%0.450.460.470.730.980.001.301.260.000.00
YoY Growth---3.44%-2.60%-35.27%-24.98%0.00%-100.00%2.73%0.00%0.00%0.00%
Dividend Yield--6.67%7.59%8.10%20.00%11.26%0.00%10.90%9.87%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)39.68
(-) Cash Dividends Paid (M)21.51
(=) Cash Retained (M)18.17
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7.944.962.98
Cash Retained (M)18.1718.1718.17
(-) Cash Required (M)-7.94-4.96-2.98
(=) Excess Retained (M)10.2413.2115.20
(/) Shares Outstanding (M)23.7123.7123.71
(=) Excess Retained per Share0.430.560.64
LTM Dividend per Share0.910.910.91
(+) Excess Retained per Share0.430.560.64
(=) Adjusted Dividend1.341.461.55
WACC / Discount Rate7.90%7.90%7.90%
Growth Rate-2.00%-1.00%0.00%
Fair Value$13.25$16.28$19.59
Upside / Downside98.32%143.74%193.21%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)39.6839.2838.8938.5038.1137.7338.86
Payout Ratio54.20%61.36%68.52%75.68%82.84%90.00%92.50%
Projected Dividends (M)21.5124.1026.6529.1431.5733.9635.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.90%7.90%7.90%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)22.1122.3422.56
Year 2 PV (M)22.4322.8923.35
Year 3 PV (M)22.5023.1923.90
Year 4 PV (M)22.3623.2924.25
Year 5 PV (M)22.0723.2224.41
PV of Terminal Value (M)476.43501.24527.08
Equity Value (M)587.90616.16645.55
Shares Outstanding (M)23.7123.7123.71
Fair Value$24.80$25.99$27.23
Upside / Downside271.19%289.04%307.59%

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%