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

Principal Financial Group, Inc. (PFG)

Company Dividend Discount ModelIndustry: Insurance - DiversifiedSector: Financial Services

Valuation Snapshot

Stable Growth$61.78 - $93.72$76.80
Multi-Stage$87.65 - $95.99$91.74
Blended Fair Value$84.27
Current Price$82.91
Upside1.64%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.67%5.75%2.902.752.832.882.702.672.632.382.051.94
YoY Growth--5.26%-2.62%-1.80%6.44%1.40%1.24%10.85%16.15%5.42%17.10%
Dividend Yield--3.43%3.20%3.80%3.92%4.51%8.51%5.07%3.90%3.24%4.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,573.50
(-) Cash Dividends Paid (M)677.30
(=) Cash Retained (M)896.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)314.70196.69118.01
Cash Retained (M)896.20896.20896.20
(-) Cash Required (M)-314.70-196.69-118.01
(=) Excess Retained (M)581.50699.51778.19
(/) Shares Outstanding (M)227.29227.29227.29
(=) Excess Retained per Share2.563.083.42
LTM Dividend per Share2.982.982.98
(+) Excess Retained per Share2.563.083.42
(=) Adjusted Dividend5.546.066.40
WACC / Discount Rate9.23%9.23%9.23%
Growth Rate0.25%1.25%2.25%
Fair Value$61.78$76.80$93.72
Upside / Downside-25.48%-7.37%13.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,573.501,593.131,613.011,633.131,653.511,674.131,724.36
Payout Ratio43.04%52.44%61.83%71.22%80.61%90.00%92.50%
Projected Dividends (M)677.30835.36997.271,163.081,332.871,506.721,595.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.23%9.23%9.23%
Growth Rate0.25%1.25%2.25%
Year 1 PV (M)757.20764.75772.30
Year 2 PV (M)819.36835.79852.38
Year 3 PV (M)866.18892.36919.06
Year 4 PV (M)899.75936.19973.73
Year 5 PV (M)921.93968.841,017.64
PV of Terminal Value (M)15,656.6816,453.3217,282.06
Equity Value (M)19,921.1020,851.2521,817.18
Shares Outstanding (M)227.29227.29227.29
Fair Value$87.65$91.74$95.99
Upside / Downside5.71%10.65%15.77%

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%