Definitive Analysis
Definitive Analysis
Financial Statements
Fundamentals
Valuations
Miscellaneous
Get Full Access
See Pricing Start Free Trial

Commercial Metals Company (CMC)

Company Dividend Discount ModelIndustry: SteelSector: Basic Materials

Valuation Snapshot

Stable Growth$8.34 - $13.56$10.68
Multi-Stage$11.06 - $12.06$11.55
Blended Fair Value$11.11
Current Price$57.67
Upside-80.73%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS7.37%3.83%0.720.690.660.600.510.500.500.490.490.49
YoY Growth--3.25%5.25%10.61%17.28%1.24%0.92%0.82%1.01%0.31%-1.08%
Dividend Yield--1.24%1.12%1.45%1.21%1.64%2.52%2.33%2.56%2.46%2.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)84.66
(-) Cash Dividends Paid (M)81.43
(=) Cash Retained (M)3.23
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)16.9310.586.35
Cash Retained (M)3.233.233.23
(-) Cash Required (M)-16.93-10.58-6.35
(=) Excess Retained (M)-13.70-7.35-3.12
(/) Shares Outstanding (M)113.71113.71113.71
(=) Excess Retained per Share-0.12-0.06-0.03
LTM Dividend per Share0.720.720.72
(+) Excess Retained per Share-0.12-0.06-0.03
(=) Adjusted Dividend0.600.650.69
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.83%2.83%3.83%
Fair Value$8.34$10.68$13.56
Upside / Downside-85.54%-81.48%-76.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)84.6687.0589.5192.0494.6497.32100.24
Payout Ratio96.19%94.95%93.71%92.47%91.24%90.00%92.50%
Projected Dividends (M)81.4382.6683.8885.1286.3587.5992.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate1.83%2.83%3.83%
Year 1 PV (M)75.0375.7676.50
Year 2 PV (M)69.1170.4871.85
Year 3 PV (M)63.6565.5567.48
Year 4 PV (M)58.6260.9563.36
Year 5 PV (M)53.9756.6759.48
PV of Terminal Value (M)936.87983.781,032.56
Equity Value (M)1,257.251,313.201,371.23
Shares Outstanding (M)113.71113.71113.71
Fair Value$11.06$11.55$12.06
Upside / Downside-80.83%-79.97%-79.09%

High-Yield Dividend Screener

« Prev Page 6 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
FFord Motor Company5.53%$0.7463.45%
LCNBLCNB Corp.5.48%$0.8953.03%
PPBIPacific Premier Bancorp, Inc.5.48%$1.3492.42%
VGRVector Group Ltd.5.48%$0.8263.35%
DLXDeluxe Corporation5.43%$1.2166.43%
BAFNBayFirst Financial Corp.5.41%$0.4321.50%
IPGThe Interpublic Group of Companies, Inc.5.41%$1.3388.72%
PEBOPeoples Bancorp Inc.5.39%$1.6256.40%
OKEONEOK, Inc.5.38%$4.0075.29%
BUSEFirst Busey Corporation5.37%$1.2875.92%
OASOasis Petroleum Inc.5.37%$5.8765.40%
EIXEdison International5.36%$3.2639.45%
0R1X.LGeneral Mills, Inc.5.35%$2.4545.62%
FIBKFirst Interstate BancSystem, Inc.5.35%$1.8979.54%
FNCBFNCB Bancorp, Inc.5.33%$0.3651.41%
DHILDiamond Hill Investment Group, Inc.5.31%$9.0552.46%
SLRCSLR Investment Corp.5.31%$0.8249.67%
EPSNEpsilon Energy Ltd.5.30%$0.2491.92%
UVVUniversal Corporation5.28%$2.7862.64%
FLICThe First of Long Island Corporation5.27%$0.6386.64%
AUBAtlantic Union Bankshares Corporation5.22%$1.8576.04%
SAFESafehold Inc.5.20%$0.7145.17%
GAB-PGThe Gabelli Equity Trust Inc. PFD-G5.19%$1.0881.70%
HPQHP Inc.5.19%$1.1543.02%
SOISolaris Oilfield Infrastructure, Inc.5.18%$0.7025.64%
MBINOMerchants Bancorp5.17%$1.2924.09%
0JXQ.LMain Street Capital Corporation5.13%$3.1752.63%
EMNEastman Chemical Company5.12%$3.2954.36%
EMBCEmbecta Corp.5.10%$0.5936.96%
AMAntero Midstream Corporation5.09%$0.9193.18%
CZNCCitizens & Northern Corporation5.09%$1.0257.64%
FMNBFarmers National Banc Corp.5.09%$0.6846.83%
0J66.LHost Hotels & Resorts, Inc.5.08%$0.9084.69%
GLPIGaming and Leisure Properties, Inc.5.07%$2.2582.42%
PFISPeoples Financial Services Corp.5.07%$2.4446.22%
TBBAT&T Inc. 5.35% GLB NTS 665.07%$1.1436.88%
KFRCKforce Inc.5.02%$1.5768.10%
TTPTortoise Pipeline & Energy Fund, Inc.5.02%$2.3920.11%
STAR-PGiStar Inc.4.94%$1.2434.23%
PFSProvident Financial Services, Inc.4.93%$0.9761.13%
UBFOUnited Security Bancshares4.92%$0.4873.45%
DDTDillards Capital Trust I CAP SECS 7.5%4.90%$1.293.46%
SGUStar Group, L.P.4.89%$0.5836.90%
AGRAvangrid, Inc.4.88%$1.7660.70%
KMBKimberly-Clark Corporation4.88%$4.9583.80%
OCFCOceanFirst Financial Corp.4.86%$0.8761.98%
0I0J.LThe Clorox Company4.85%$4.8976.11%
FNLCThe First Bancorp, Inc.4.83%$1.2845.40%
RILYZB. Riley Financial, Inc. 5.25% Senior Notes due 20284.83%$0.5856.91%
BSETBassett Furniture Industries, Incorporated4.82%$0.8089.43%