Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Naturgy Energy Group, S.A. (NTGY.MC)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$14.80 - $21.44$18.03
Multi-Stage$40.87 - $45.07$42.93
Blended Fair Value$30.48
Current Price$27.00
Upside12.88%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-12.76%-1.57%1.001.521.561.781.881.981.461.341.591.12
YoY Growth---33.93%-3.07%-12.13%-5.27%-5.21%35.79%9.03%-15.86%42.62%-4.89%
Dividend Yield--3.89%7.47%5.64%6.55%8.99%12.30%5.84%6.90%7.75%6.28%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,005.00
(-) Cash Dividends Paid (M)1,152.71
(=) Cash Retained (M)852.29
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)401.00250.63150.38
Cash Retained (M)852.29852.29852.29
(-) Cash Required (M)-401.00-250.63-150.38
(=) Excess Retained (M)451.29601.67701.92
(/) Shares Outstanding (M)959.03959.03959.03
(=) Excess Retained per Share0.470.630.73
LTM Dividend per Share1.201.201.20
(+) Excess Retained per Share0.470.630.73
(=) Adjusted Dividend1.671.831.93
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-4.47%-3.47%-2.47%
Fair Value$14.80$18.03$21.44
Upside / Downside-45.18%-33.23%-20.58%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,005.001,935.431,868.261,803.431,740.851,680.451,730.86
Payout Ratio57.49%63.99%70.50%77.00%83.50%90.00%92.50%
Projected Dividends (M)1,152.711,238.541,317.031,388.591,453.581,512.401,601.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-4.47%-3.47%-2.47%
Year 1 PV (M)1,152.801,164.871,176.93
Year 2 PV (M)1,140.991,165.001,189.26
Year 3 PV (M)1,119.691,155.221,191.50
Year 4 PV (M)1,090.961,137.361,185.23
Year 5 PV (M)1,056.521,112.981,171.84
PV of Terminal Value (M)33,636.8235,434.6137,308.45
Equity Value (M)39,197.7741,170.0443,223.21
Shares Outstanding (M)959.03959.03959.03
Fair Value$40.87$42.93$45.07
Upside / Downside51.38%59.00%66.92%

High-Yield Dividend Screener

« Prev Page 52 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PRN.AXPerenti Limited3.11%$0.0939.25%
S11.BKS 11 Group Public Company Limited3.11%$0.1017.73%
SPKSJF.COSparekassen Sjælland-Fyn A/S3.11%$11.8230.81%
0QQT.LEdisun Power Europe AG3.10%$1.618.38%
117580.KSDaesung Energy Co., Ltd.3.10%$248.5825.96%
5851.TRyobi Limited3.10%$84.8741.68%
601952.SSJiangsu Provincial Agricultural Reclamation and Development Co.,Ltd.3.10%$0.2867.42%
7242.TKYB Corporation3.10%$138.5423.69%
8206.KLEco World Development Group Berhad3.10%$0.0755.27%
EGR1T.TLEnefit Green AS3.10%$0.1147.44%
ROU.BRRoularta Media Group N.V.3.10%$0.3763.60%
021240.KSCOWAY Co., Ltd.3.09%$2,641.4332.91%
032830.KSSamsung Life Insurance Co., Ltd.3.09%$4,826.3739.72%
4809.TParaca Inc.3.09%$62.8332.24%
ACKB.BRAckermans & Van Haaren N.V.3.09%$7.1924.51%
BRCR11.SAFundo de Investimento Imobiliário - FII BTG Pactual Corporate Office Fund3.09%$1.4381.27%
ICLICL Group Ltd3.09%$0.1862.52%
LPP.WALPP S.A.3.09%$654.9267.31%
MINT-R.BKMinor International Public Company Limited3.09%$0.7558.46%
SSMS.JKPT Sawit Sumbermas Sarana Tbk.3.09%$47.9037.66%
TKNO4.SATekno S.A. Indústria e Comércio3.09%$6.2852.08%
002772.SZTianshui Zhongxing Bio-technology Co.,Ltd.3.08%$0.4569.10%
008490.KSSuheung Co., Ltd.3.08%$663.1317.93%
015750.KQSungwoo Hitech Co., Ltd.3.08%$209.439.11%
0KIZ.LNew Wave Group AB (publ)3.08%$3.5056.51%
3696.TCeres Inc.3.08%$59.8629.20%
9535.SRLadun Investment Company3.08%$0.0833.54%
BAMNB.ASKoninklijke BAM Groep nv3.08%$0.3026.44%
002500.SZShanxi Securities Co., Ltd.3.07%$0.1872.43%
1734.TWSinphar Pharmaceutical Co.,Ltd.3.07%$0.9454.13%
603035.SSJiangsu Changshu Automotive Trim Group Co., Ltd.3.07%$0.4744.81%
688029.SSMicro-Tech (Nanjing) Co., Ltd.3.07%$2.5076.50%
9622.SRShmoh Almadi Co.3.07%$0.2753.61%
4423.TARTERIA Networks Corporation3.06%$60.5352.12%
COH.AXCochlear Limited3.06%$7.9970.26%
GEBKA.ATGeneral Commercial & Industrial S.A.3.06%$0.0862.96%
KAT.AXKatana Capital Limited3.06%$0.0426.99%
KBSPIF.BKKhonburi Sugar Power Plant Infrastructure Fund3.06%$0.2519.88%
002001.SZZhejiang NHU Company Ltd.3.05%$0.7732.74%
008560.KSMeritz Securities Co., Ltd.3.05%$185.9714.12%
0826.HKTiangong International Company Limited3.05%$0.1037.07%
339770.KSKyochon Food&Beverage Co., Ltd.3.05%$130.8548.67%
600511.SSChina National Medicines Corporation Ltd.3.05%$0.8832.88%
6902.TDENSO Corporation3.05%$65.9045.39%
BGRIM-R.BKB.Grimm Power Public Company Limited3.05%$0.4356.94%
CSMG3.SACompanhia de Saneamento de Minas Gerais3.05%$1.3337.21%
PIHLIS.HEPihlajalinna Oyj3.05%$0.4424.32%
0EXG.ILJerónimo Martins, SGPS, S.A.3.04%$0.6263.09%
0NX2.LABB Ltd3.04%$1.0543.06%
4204.TSekisui Chemical Co., Ltd.3.04%$80.0246.81%