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

LPL Financial Holdings Inc. (LPLA)

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

Valuation Snapshot

Stable Growth$244.68 - $622.51$369.30
Multi-Stage$166.90 - $182.48$174.55
Blended Fair Value$271.92
Current Price$332.69
Upside-18.27%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.67%-0.63%1.161.201.031.041.031.071.151.171.151.24
YoY Growth---2.67%15.48%-0.33%1.26%-4.24%-6.52%-2.12%1.34%-7.03%0.21%
Dividend Yield--0.36%0.45%0.51%0.57%0.72%1.97%1.60%1.92%2.90%5.01%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)833.05
(-) Cash Dividends Paid (M)92.85
(=) Cash Retained (M)740.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)166.61104.1362.48
Cash Retained (M)740.20740.20740.20
(-) Cash Required (M)-166.61-104.13-62.48
(=) Excess Retained (M)573.59636.07677.72
(/) Shares Outstanding (M)77.1477.1477.14
(=) Excess Retained per Share7.448.258.79
LTM Dividend per Share1.201.201.20
(+) Excess Retained per Share7.448.258.79
(=) Adjusted Dividend8.649.459.99
WACC / Discount Rate9.23%9.23%9.23%
Growth Rate5.50%6.50%7.50%
Fair Value$244.68$369.30$622.51
Upside / Downside-26.45%11.00%87.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)833.05887.20944.871,006.291,071.701,141.361,175.60
Payout Ratio11.15%26.92%42.69%58.46%74.23%90.00%92.50%
Projected Dividends (M)92.85238.81403.34588.26795.511,027.221,087.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.23%9.23%9.23%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)216.59218.64220.69
Year 2 PV (M)331.77338.09344.47
Year 3 PV (M)438.85451.44464.28
Year 4 PV (M)538.23558.93580.22
Year 5 PV (M)630.33660.77692.38
PV of Terminal Value (M)10,719.2411,236.9811,774.54
Equity Value (M)12,875.0013,464.8514,076.58
Shares Outstanding (M)77.1477.1477.14
Fair Value$166.90$174.55$182.48
Upside / Downside-49.83%-47.53%-45.15%

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%