Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Mode

Company Industry Sector

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Texas Pacific Land Corporation (TPL)

Company Dividend Discount ModelIndustry: Oil & Gas Exploration & ProductionSector: Energy

Valuation Snapshot

Stable Growth$475.78 - $1,230.87$721.88
Multi-Stage$330.65 - $361.10$345.60
Blended Fair Value$533.74
Current Price$933.64
Upside-42.83%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS49.47%65.30%15.094.3410.753.713.372.021.380.460.110.10
YoY Growth--247.41%-59.57%190.02%9.93%66.63%47.06%196.34%326.05%4.33%5.38%
Dividend Yield--1.14%0.76%1.90%0.82%0.64%1.60%0.52%0.27%0.12%0.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)476.39
(-) Cash Dividends Paid (M)147.79
(=) Cash Retained (M)328.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)95.2859.5535.73
Cash Retained (M)328.60328.60328.60
(-) Cash Required (M)-95.28-59.55-35.73
(=) Excess Retained (M)233.32269.05292.87
(/) Shares Outstanding (M)23.0123.0123.01
(=) Excess Retained per Share10.1411.6912.73
LTM Dividend per Share6.426.426.42
(+) Excess Retained per Share10.1411.6912.73
(=) Adjusted Dividend16.5618.1119.15
WACC / Discount Rate9.17%9.17%9.17%
Growth Rate5.50%6.50%7.50%
Fair Value$475.78$721.88$1,230.87
Upside / Downside-49.04%-22.68%31.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)476.39507.36540.33575.46612.86652.70672.28
Payout Ratio31.02%42.82%54.61%66.41%78.20%90.00%92.50%
Projected Dividends (M)147.79217.24295.10382.15479.28587.43621.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.17%9.17%9.17%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)197.12198.99200.86
Year 2 PV (M)242.96247.59252.26
Year 3 PV (M)285.50293.70302.05
Year 4 PV (M)324.90337.40350.25
Year 5 PV (M)361.33378.78396.90
PV of Terminal Value (M)6,196.976,496.296,807.06
Equity Value (M)7,608.797,952.758,309.38
Shares Outstanding (M)23.0123.0123.01
Fair Value$330.65$345.60$361.10
Upside / Downside-64.58%-62.98%-61.32%

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%