Definitive Analysis
Loading...
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$30.02 - $49.29$38.59
Multi-Stage$40.62 - $44.48$42.51
Blended Fair Value$40.55
Current Price$79.91
Upside-49.25%
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$30.02$38.59$49.29
Upside / Downside-62.44%-51.70%-38.32%

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)146.53149.44152.37
Year 3 PV (M)153.75158.34163.03
Year 4 PV (M)159.39165.78172.35
Year 5 PV (M)163.64171.87180.44
PV of Terminal Value (M)3,183.163,343.333,509.88
Equity Value (M)3,944.024,127.674,318.34
Shares Outstanding (M)97.0997.0997.09
Fair Value$40.62$42.51$44.48
Upside / Downside-49.17%-46.80%-44.34%

High-Yield Dividend Screener

« Prev Page 60 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002244.SZHangzhou Binjiang Real Estate Group Co.,Ltd2.61%$0.2624.72%
023800.KSINZI Controls Co.,Ltd.2.61%$170.3414.79%
0O2W.LGFT Technologies SE2.61%$0.5037.28%
4332.SRJadwa REIT Al Haramain Fund2.61%$0.1313.56%
603713.SSMilkyway Chemical Supply Chain Service Co., Ltd.2.61%$1.4540.70%
7743.TSEED Co.,Ltd.2.61%$14.9932.99%
GBF.DEBilfinger SE2.61%$2.8757.97%
SMTO3.SASão Martinho S.A.2.61%$0.3925.61%
TURSG.ISTürkiye Sigorta Anonim Sirketi2.61%$0.3017.12%
015230.KSDaechang Forging Co., Ltd.2.60%$159.7812.73%
300761.SZJiangsu Lihua Animal Husbandry Co., Ltd.2.60%$0.5469.75%
3257.TWChampion Microelectronic Corporation2.60%$1.8083.24%
000028.SZChina National Accord Medicines Corporation Ltd.2.59%$0.6366.16%
000423.SZDong-E-E-Jiao Co.,Ltd.2.59%$1.2748.72%
002375.SZZhejiang Yasha Decoration Co.,Ltd2.59%$0.1039.98%
002508.SZHangzhou Robam Appliances Co., Ltd.2.59%$0.5030.91%
035510.KSSHINSEGAE Information & Communication Co., Ltd.2.59%$430.0912.26%
4732.TUSS Co., Ltd.2.59%$44.4652.49%
600623.SSShanghai Huayi Group Corporation Limited2.59%$0.2060.15%
603367.SSCisen Pharmaceutical Co., Ltd.2.59%$0.4541.25%
6794.TFoster Electric Company, Limited2.59%$70.1937.70%
ORNAV.HEOrion Oyj2.59%$1.6373.31%
0027.HKGalaxy Entertainment Group Limited2.58%$1.0024.37%
0MKP.LStrabag SE2.58%$2.0829.10%
1586.HKChina Leon Inspection Holding Limited2.58%$0.0621.58%
3612.TWorld Co., Ltd.2.58%$79.8124.01%
5334.TNiterra Co., Ltd.2.58%$178.0936.87%
601137.SSNingbo Boway Alloy Material Company Limited2.58%$0.5543.16%
688355.SSSuzhou Mingzhi Technology Co., Ltd.2.58%$0.4698.88%
ASAI.LASA International Group PLC2.58%$5.0531.55%
DEK.WADekpol S.A.2.58%$2.3917.66%
PNGO.JKPT PINAGO UTAMA Tbk2.58%$80.2621.28%
600999.SSChina Merchants Securities Co., Ltd.2.57%$0.4330.69%
605338.SSZhongyin Babi Food Co., Ltd.2.57%$0.8067.91%
ARB.AXARB Corporation Limited2.57%$0.8234.10%
ERWPF.BKErawan Hotel Growth Property Fund2.57%$0.2322.08%
HLUN-A.COH. Lundbeck A/S2.57%$0.9524.76%
KVT.WAKrynica Vitamin S.A.2.57%$0.2725.50%
UNIQ.BKUnique Engineering and Construction Public Company Limited2.57%$0.077.66%
004710.KSHansol Technics Co., Ltd.2.56%$150.4826.54%
1714.TWHo Tung Chemical Corp.2.56%$0.2147.53%
300880.SZNingbo Jianan Electronics Co.,Ltd2.56%$0.4598.75%
383220.KSF&F Co., Ltd2.56%$1,700.2719.00%
603227.SSXinjiang Xuefeng Sci-Tech(Group)Co.,Ltd2.56%$0.2149.65%
605507.SSGuobang Pharma Ltd.2.56%$0.6340.20%
9319.TChuo Warehouse Co.,Ltd.2.56%$36.6436.47%
ANA.MCAcciona, S.A.2.56%$4.8831.97%
GGAL.BAGrupo Financiero Galicia S.A.2.56%$213.9137.51%
HOFI.STHoist Finance AB (publ)2.56%$2.9325.50%
P52.SIPan-United Corporation Ltd2.56%$0.0348.81%