Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Piper Sandler Companies (PIPR)

Company Dividend Discount ModelIndustry: Financial - Capital MarketsSector: Financial Services

Valuation Snapshot

Stable Growth$236.30 - $482.12$330.79
Multi-Stage$182.31 - $198.68$190.35
Blended Fair Value$260.57
Current Price$346.99
Upside-24.91%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS15.68%0.00%4.134.736.035.571.582.002.641.060.000.00
YoY Growth---12.69%-21.47%8.23%252.66%-20.85%-24.52%148.89%0.00%0.00%0.00%
Dividend Yield--1.67%2.40%4.35%4.24%1.44%3.95%3.55%1.28%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)236.42
(-) Cash Dividends Paid (M)113.26
(=) Cash Retained (M)123.16
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.2829.5517.73
Cash Retained (M)123.16123.16123.16
(-) Cash Required (M)-47.28-29.55-17.73
(=) Excess Retained (M)75.8793.61105.43
(/) Shares Outstanding (M)17.8417.8417.84
(=) Excess Retained per Share4.255.255.91
LTM Dividend per Share6.356.356.35
(+) Excess Retained per Share4.255.255.91
(=) Adjusted Dividend10.6011.5912.26
WACC / Discount Rate10.23%10.23%10.23%
Growth Rate5.50%6.50%7.50%
Fair Value$236.30$330.79$482.12
Upside / Downside-31.90%-4.67%38.94%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)236.42251.79268.16285.59304.15323.92333.64
Payout Ratio47.91%56.33%64.74%73.16%81.58%90.00%92.50%
Projected Dividends (M)113.26141.82173.62208.94248.13291.53308.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.23%10.23%10.23%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)127.45128.66129.87
Year 2 PV (M)140.21142.88145.57
Year 3 PV (M)151.64155.99160.42
Year 4 PV (M)161.82168.05174.45
Year 5 PV (M)170.86179.11187.68
PV of Terminal Value (M)2,500.622,621.402,746.81
Equity Value (M)3,252.593,396.083,544.80
Shares Outstanding (M)17.8417.8417.84
Fair Value$182.31$190.35$198.68
Upside / Downside-47.46%-45.14%-42.74%

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%