Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Dolby Laboratories, Inc. (DLB)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$30.01 - $49.27$38.58
Multi-Stage$40.61 - $44.46$42.50
Blended Fair Value$40.54
Current Price$79.91
Upside-49.27%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS7.40%11.93%1.301.181.071.030.920.910.800.680.590.50
YoY Growth--10.49%10.80%3.34%12.22%0.67%14.30%17.14%15.94%17.90%17.99%
Dividend Yield--0.00%1.50%1.24%1.46%1.04%0.96%1.17%1.12%0.95%1.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)255.02
(-) Cash Dividends Paid (M)126.60
(=) Cash Retained (M)128.42
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)51.0031.8819.13
Cash Retained (M)128.42128.42128.42
(-) Cash Required (M)-51.00-31.88-19.13
(=) Excess Retained (M)77.4296.54109.29
(/) Shares Outstanding (M)97.0997.0997.09
(=) Excess Retained per Share0.800.991.13
LTM Dividend per Share1.301.301.30
(+) Excess Retained per Share0.800.991.13
(=) Adjusted Dividend2.102.302.43
WACC / Discount Rate8.44%8.44%8.44%
Growth Rate1.35%2.35%3.35%
Fair Value$30.01$38.58$49.27
Upside / Downside-62.45%-51.72%-38.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)255.02261.00267.13273.40279.82286.39294.98
Payout Ratio49.64%57.71%65.79%73.86%81.93%90.00%92.50%
Projected Dividends (M)126.60150.64175.73201.93229.25257.75272.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.44%8.44%8.44%
Growth Rate1.35%2.35%3.35%
Year 1 PV (M)137.55138.91140.27
Year 2 PV (M)146.53149.43152.37
Year 3 PV (M)153.74158.34163.02
Year 4 PV (M)159.38165.77172.34
Year 5 PV (M)163.63171.86180.42
PV of Terminal Value (M)3,181.813,341.923,508.40
Equity Value (M)3,942.644,126.224,316.82
Shares Outstanding (M)97.0997.0997.09
Fair Value$40.61$42.50$44.46
Upside / Downside-49.18%-46.82%-44.36%

High-Yield Dividend Screener

« Prev Page 53 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603600.SSUE Furniture Co., Ltd.3.04%$0.3645.42%
6725.TWOCica-Huntek Chemical Technology Taiwan Co., Ltd.3.04%$8.6629.24%
7736.TWOHushan3.04%$2.7334.63%
9631.SRHedab Alkhaleej Trading Co.3.04%$0.9315.05%
EMBELL.STEmbellence Group AB (publ)3.04%$1.2345.31%
HBH.DEHORNBACH Holding AG & Co. KGaA3.04%$2.5026.39%
S68.SISingapore Exchange Limited3.04%$0.5244.77%
000563.SZShaanxi International Trust Co.,Ltd.3.03%$0.1037.59%
000651.SZGree Electric Appliances, Inc. of Zhuhai3.03%$1.2221.25%
002588.SZStanley Agriculture Group Co.,Ltd.3.03%$0.3035.63%
2890.TWSinoPac Financial Holdings Company Limited3.03%$0.8747.46%
300146.SZBy-health Co., Ltd.3.03%$0.3688.13%
AN3PJ.AXANZ Group Holdings Limited3.03%$3.1474.08%
SBMA.JKPT Surya Biru Murni Acetylene Tbk3.03%$4.0026.88%
003008.SZXuchang KETOP Testing Research Institute Co.,Ltd3.02%$0.6577.32%
350520.KSIGIS RESIDENCE REIT Co., Ltd.3.02%$115.5129.71%
5249.KLIOI Properties Group Berhad3.02%$0.0826.55%
601609.SSNingbo Jintian Copper(Group) Co., Ltd.3.02%$0.3365.77%
6667.TWOTrusval Technology Co., Ltd.3.02%$8.1265.45%
9202.TANA Holdings Inc.3.02%$89.9231.71%
AXFO.STAxfood AB (publ)3.02%$8.7188.81%
EQTL3.SAEquatorial Energia S.A.3.02%$1.1643.16%
GARAN.ISTurkiye Garanti Bankasi A.S.3.02%$4.5217.50%
IMOImperial Oil Limited3.02%$2.6933.94%
JEN.BRJensen-Group N.V.3.02%$1.7919.29%
002116.SZChina Haisum Engineering Co., Ltd.3.01%$0.3140.43%
007210.KSByucksan Corporation3.01%$52.2417.82%
0QO7.LBarry Callebaut AG3.01%$57.9084.65%
0R8X.LPlazza AG3.01%$12.5035.89%
1837.HKNatural Food International Holding Limited3.01%$0.0322.72%
280360.KSLotte Wellfood Co.,Ltd3.01%$3,368.6447.78%
7236.TT.RAD Co., Ltd.3.01%$247.2925.88%
ARJO-B.STArjo AB (publ)3.01%$0.9559.13%
FAE.MCFaes Farma, S.A.3.01%$0.1638.53%
000582.SZBeibu Gulf Port Co., Ltd.3.00%$0.2861.06%
5227.KLIGB Real Estate Investment Trust3.00%$0.0849.35%
600989.SSNingxia Baofeng Energy Group Co., Ltd.3.00%$0.5939.72%
601058.SSSailun Group Co., Ltd.3.00%$0.4942.76%
9147.TNippon Express Holdings,Inc.3.00%$100.5780.85%
EUROB.ATEurobank Ergasias Services and Holdings S.A.3.00%$0.1128.68%
KLBF.JKPT Kalbe Farma Tbk.3.00%$36.1046.82%
KNOPKNOT Offshore Partners LP3.00%$0.3131.19%
SANT.DEKontron AG3.00%$0.5826.01%
000932.SZHunan Valin Steel Co., Ltd.2.99%$0.1741.58%
002039.SZGuiZhou QianYuan Power Co., Ltd.2.99%$0.5452.04%
028100.KSDong-Ah Geological Engineering Company Ltd.2.99%$509.7141.84%
0R6S.LZehnder Group AG2.99%$2.4466.50%
2658.KLAjinomoto (Malaysia) Bhd2.99%$0.4144.56%
3486.TGlobal Link Management Inc.2.99%$63.6616.66%
4002.SRMouwasat Medical Services Company2.99%$2.0052.94%