Definitive Analysis
Loading...
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

Mode

Company Industry Sector

Ticker

Industry

Sector

Holly Energy Partners, L.P. (HEP)

Company Dividend Discount ModelIndustry: Oil & Gas MidstreamSector: Energy

Valuation Snapshot

Stable Growth$24.84 - $43.22$32.71
Multi-Stage$33.43 - $36.57$34.97
Blended Fair Value$33.84
Current Price$21.96
Upside54.10%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2022202120202019201820172016201520142013
DPS-6.24%-7.82%1.341.181.382.162.101.864.041.831.221.10
YoY Growth--13.76%-14.34%-36.15%3.11%12.96%-54.08%121.06%49.39%10.89%-63.65%
Dividend Yield--7.74%6.68%7.22%15.40%7.72%6.73%11.31%5.40%3.89%3.33%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)239.26
(-) Cash Dividends Paid (M)177.25
(=) Cash Retained (M)62.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.8529.9117.94
Cash Retained (M)62.0062.0062.00
(-) Cash Required (M)-47.85-29.91-17.94
(=) Excess Retained (M)14.1532.1044.06
(/) Shares Outstanding (M)126.44126.44126.44
(=) Excess Retained per Share0.110.250.35
LTM Dividend per Share1.401.401.40
(+) Excess Retained per Share0.110.250.35
(=) Adjusted Dividend1.511.661.75
WACC / Discount Rate8.00%8.00%8.00%
Growth Rate1.80%2.80%3.80%
Fair Value$24.84$32.71$43.22
Upside / Downside13.12%48.96%96.83%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)239.26245.95252.84259.92267.19274.67282.91
Payout Ratio74.08%77.27%80.45%83.63%86.82%90.00%92.50%
Projected Dividends (M)177.25190.04203.41217.38231.97247.20261.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.00%8.00%8.00%
Growth Rate1.80%2.80%3.80%
Year 1 PV (M)174.25175.96177.67
Year 2 PV (M)171.01174.38177.79
Year 3 PV (M)167.56172.55177.63
Year 4 PV (M)163.95170.49177.22
Year 5 PV (M)160.20168.22176.57
PV of Terminal Value (M)3,390.113,559.923,736.48
Equity Value (M)4,227.084,421.534,623.36
Shares Outstanding (M)126.44126.44126.44
Fair Value$33.43$34.97$36.57
Upside / Downside52.24%59.24%66.51%

High-Yield Dividend Screener

« Prev Page 66 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
4151.TKyowa Kirin Co., Ltd.2.30%$58.2379.35%
6526.TSocionext Inc.2.30%$50.3588.64%
8876.TRelo Group, Inc.2.30%$39.4530.35%
8923.TTosei Corporation2.30%$39.4827.05%
CAV1V.HECaverion Oyj2.30%$0.2033.17%
REJL-B.STRejlers AB (publ)2.30%$4.4146.32%
000739.SZApeloa Pharmaceutical Co.,Ltd2.29%$0.3749.76%
0103.HKShougang Century Holdings Limited2.29%$0.0736.62%
016880.KSWoongjin Co., Ltd.2.29%$51.874.40%
0N0B.LWallenius Wilhelmsen ASA2.29%$2.3188.32%
4090.SRTaiba Investments Co.2.29%$0.7550.33%
4322.SRRetal Urban Development Company2.29%$0.2747.98%
DITTO-R.BKDitto (Thailand) Public Company Limited2.29%$0.2531.94%
INDIAMART.BOIndiaMART InterMESH Limited2.29%$49.7955.81%
Q0F.SIIHH Healthcare Berhad2.29%$0.0624.43%
600531.SSHenan Yuguang Gold&Lead Co.,Ltd.2.28%$0.2736.36%
605258.SSJiangsu Xiehe Electronic Co.,Ltd.2.28%$0.7190.23%
9580.SRAl Rashid Industrial Co.2.28%$1.1217.64%
LEMON.HELemonsoft Oyj2.28%$0.1460.80%
NIL-B.STNilörngruppen AB2.28%$1.5028.94%
RAA.DERational AG2.28%$15.0066.90%
002612.SZLancy Co., Ltd.2.27%$0.4619.77%
0S9E.LExtendicare Inc.2.27%$0.4748.82%
1717.HKAusnutria Dairy Corporation Ltd2.27%$0.0525.74%
300898.SZPanda Dairy Corporation2.27%$0.6178.87%
6326.TKubota Corporation2.27%$50.2932.77%
ANN.AXAnsell Limited2.27%$0.8065.03%
KMP-UN.TOKillam Apartment REIT2.27%$0.378.57%
024900.KSDY DEOKYANG Co.,Ltd.2.26%$49.0019.20%
2204.TNakamuraya Co., Ltd.2.26%$69.4851.40%
688389.SSShenzhen Lifotronic Technology Co., Ltd.2.26%$0.2950.03%
ACNAccenture plc2.26%$5.8748.14%
002949.SZShenzhen Capol International & Associatesco., Ltd2.25%$0.3581.66%
082640.KSTong Yang Life Insurance Co., Ltd.2.25%$144.0813.49%
178920.KSPI Advanced Materials Co., Ltd.2.25%$350.0636.50%
4708.TRelia, Inc.2.25%$32.9349.64%
600335.SSSinomach Automobile Co., Ltd.2.25%$0.1548.99%
603087.SSGan & Lee Pharmaceuticals.2.25%$1.5397.20%
6703.TOki Electric Industry Co., Ltd.2.25%$44.7536.33%
9556.SRNofoth Food Products Company2.25%$0.2331.29%
9828.TGenki Global Dining Concepts Corp2.25%$70.0025.83%
L3H.FShell plc2.25%$1.4458.25%
LLYC.MCLlorente & Cuenca, S.A.2.25%$0.1622.13%
PECOS.BOPecos Hotels and Pubs Limited2.25%$6.5032.07%
PTSP.JKPT Pioneerindo Gourmet International Tbk2.25%$22.7326.81%
006890.KSTaekyung Chemical Co., Ltd.2.24%$179.5129.43%
600426.SSShandong Hualu-Hengsheng Chemical Co., Ltd.2.24%$0.7046.22%
601918.SSChina Coal Xinji Energy Co.,Ltd2.24%$0.1518.77%
7547.TWOIntumit Inc.2.24%$1.2840.76%
7984.TKokuyo Co., Ltd.2.24%$19.6244.02%