Definitive Analysis
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

HNI Corporation (HNI)

Company Dividend Discount ModelIndustry: Business Equipment & SuppliesSector: Industrials

Valuation Snapshot

Stable Growth$33.97 - $55.73$43.66
Multi-Stage$43.48 - $47.59$45.49
Blended Fair Value$44.58
Current Price$46.10
Upside-3.30%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.02%3.68%1.331.231.121.131.091.101.071.041.020.97
YoY Growth--8.72%9.96%-1.02%3.17%-0.26%2.25%3.08%2.19%4.68%4.51%
Dividend Yield--2.99%2.72%4.01%3.05%2.76%4.37%2.95%2.88%2.21%2.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)141.60
(-) Cash Dividends Paid (M)63.20
(=) Cash Retained (M)78.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)28.3217.7010.62
Cash Retained (M)78.4078.4078.40
(-) Cash Required (M)-28.32-17.70-10.62
(=) Excess Retained (M)50.0860.7067.78
(/) Shares Outstanding (M)47.6847.6847.68
(=) Excess Retained per Share1.051.271.42
LTM Dividend per Share1.331.331.33
(+) Excess Retained per Share1.051.271.42
(=) Adjusted Dividend2.382.602.75
WACC / Discount Rate8.79%8.79%8.79%
Growth Rate1.68%2.68%3.68%
Fair Value$33.97$43.66$55.73
Upside / Downside-26.30%-5.28%20.89%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)141.60145.39149.28153.27157.38161.59166.43
Payout Ratio44.63%53.71%62.78%71.85%80.93%90.00%92.50%
Projected Dividends (M)63.2078.0893.72110.13127.36145.43153.95

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.79%8.79%8.79%
Growth Rate1.68%2.68%3.68%
Year 1 PV (M)71.0871.7872.48
Year 2 PV (M)77.6579.1980.74
Year 3 PV (M)83.0785.5488.07
Year 4 PV (M)87.4490.9394.53
Year 5 PV (M)90.8995.45100.19
PV of Terminal Value (M)1,662.601,745.991,832.68
Equity Value (M)2,072.732,168.872,268.68
Shares Outstanding (M)47.6847.6847.68
Fair Value$43.48$45.49$47.59
Upside / Downside-5.69%-1.32%3.22%

High-Yield Dividend Screener

« Prev Page 56 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
028050.KSSamsung Engineering Co., Ltd.2.84%$661.0323.31%
097520.KSMCNEX Co., Ltd2.84%$823.5219.44%
6187.TWOAll Ring Tech Co., Ltd.2.84%$10.5864.87%
CBAV3.SACompanhia Brasileira de Alumínio2.84%$0.2055.55%
CWB.TOCanadian Western Bank2.84%$1.6152.64%
GEPA3.SARio Paranapanema Energia S.A.2.84%$0.8518.05%
VRANDA.BKVeranda Resort Public Company Limited2.84%$0.1360.80%
002823.SZShenzhen Kaizhong Precision Technology Co., Ltd.2.83%$0.4563.43%
002831.SZShenZhen YUTO Packaging Technology Co., Ltd.2.83%$0.8149.61%
006360.KSGS Engineering & Construction Corporation2.83%$532.6991.52%
AEFES.ISAnadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi2.83%$0.4525.40%
BTPN.JKPT Bank SMBC Indonesia Tbk2.83%$60.3324.97%
NHY.OLNorsk Hydro ASA2.83%$2.2546.34%
OSP2.DEUSU Software AG2.83%$0.5291.56%
000850.KSHwacheon Machine Tool Co. Ltd2.82%$1,050.0033.65%
2205.HKKangqiao Service Group Limited2.82%$0.0436.89%
2458.HKGala Technology Holding Limited2.82%$0.1814.30%
688526.SSWuhan Keqian Biology Co.,Ltd2.82%$0.4343.47%
7148.KLDuopharma Biotech Berhad2.82%$0.0440.32%
8438.TWAmia Co.,Ltd2.82%$1.3078.73%
9304.TThe Shibusawa Warehouse Co., Ltd.2.82%$35.9036.66%
SANOFI.BOSanofi India Limited2.82%$117.0281.35%
9742.TINES Corporation2.81%$54.8787.98%
CNHCNH Industrial N.V.2.81%$0.2655.11%
FLUG-B.COFlügger group A/S2.81%$8.9546.55%
LNF.TOLeon's Furniture Limited2.81%$0.7931.40%
2071.TWOChen Nan Iron Wire Co.,Ltd2.80%$0.4312.28%
298690.KSAir Busan Co., Ltd.2.80%$49.2610.96%
6004.SRCATRION Catering Holding Company2.80%$2.2955.90%
603105.SSZhejiang Sunoren Solar Technology Co.,Ltd.2.80%$0.2666.36%
6953.TWOGudeng Equipment Co., Ltd.2.80%$5.9978.26%
7752.TRicoh Company, Ltd.2.80%$38.5335.99%
8058.TMitsubishi Corporation2.80%$100.5249.75%
9433.TKDDI Corporation2.80%$75.8040.77%
MTEL.JKPT Dayamitra Telekomunikasi Tbk.2.80%$18.4570.48%
2027.TWTa Chen Stainless Pipe Co., Ltd.2.79%$1.0038.56%
5032.KLBintulu Port Holdings Berhad2.79%$0.1550.65%
600801.SSHuaxin Cement Co., Ltd.2.79%$0.6848.06%
6750.TElecom Co., Ltd.2.79%$47.9838.00%
9607.SRASG Plastic Factory Co.2.79%$1.2028.09%
BNII.JKPT Bank Maybank Indonesia Tbk2.79%$5.8628.55%
BTPS.JKPT Bank BTPN Syariah Tbk2.79%$33.7022.52%
GLOBAL-R.BKSiam Global House Public Company Limited2.79%$0.1846.58%
JST.DEJOST Werke AG2.79%$1.5076.92%
KMDAKamada Ltd.2.79%$0.2056.42%
PSSA3.SAPorto Seguro S.A.2.79%$1.3427.11%
000950.KSChonbang Co., Ltd.2.78%$1,000.763.75%
001338.SZGDH Supertime Group Company Limited2.78%$0.3450.86%
082920.KQVITZROCELL Co.,Ltd.2.78%$459.9217.96%
600469.SSAeolus Tyre Co., Ltd.2.78%$0.1961.56%