Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Artisan Mid Cap Fund Inv Shs (ARTMX)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$20.12 - $30.95$25.16
Multi-Stage$27.25 - $29.70$28.46
Blended Fair Value$26.81
Current Price$38.23
Upside-29.88%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS0.00%28.77%1.862.522.782.061.910.001.331.171.261.01
YoY Growth---26.27%-9.48%35.32%7.90%0.00%-100.00%13.58%-6.97%24.15%582.61%
Dividend Yield--4.86%7.99%7.40%4.39%6.13%0.00%3.43%2.98%3.33%2.15%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)209.68
(-) Cash Dividends Paid (M)192.43
(=) Cash Retained (M)17.26
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)41.9426.2115.73
Cash Retained (M)17.2617.2617.26
(-) Cash Required (M)-41.94-26.21-15.73
(=) Excess Retained (M)-24.68-8.951.53
(/) Shares Outstanding (M)98.6398.6398.63
(=) Excess Retained per Share-0.25-0.090.02
LTM Dividend per Share1.951.951.95
(+) Excess Retained per Share-0.25-0.090.02
(=) Adjusted Dividend1.701.861.97
WACC / Discount Rate9.87%9.87%9.87%
Growth Rate1.31%2.31%3.31%
Fair Value$20.12$25.16$30.95
Upside / Downside-47.38%-34.19%-19.05%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)209.68214.52219.48224.55229.73235.04242.09
Payout Ratio91.77%91.42%91.06%90.71%90.35%90.00%92.50%
Projected Dividends (M)192.43196.11199.86203.68207.57211.53223.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.87%9.87%9.87%
Growth Rate1.31%2.31%3.31%
Year 1 PV (M)176.74178.49180.23
Year 2 PV (M)162.33165.55168.81
Year 3 PV (M)149.10153.56158.10
Year 4 PV (M)136.94142.43148.08
Year 5 PV (M)125.77132.10138.69
PV of Terminal Value (M)1,937.012,034.522,135.91
Equity Value (M)2,687.902,806.652,929.82
Shares Outstanding (M)98.6398.6398.63
Fair Value$27.25$28.46$29.70
Upside / Downside-28.72%-25.57%-22.30%

High-Yield Dividend Screener

« Prev Page 68 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0316.HKOrient Overseas (International) Limited2.19%$2.7948.77%
3109.TShikibo Ltd.2.19%$22.8930.55%
3679.TZIGExN Co., Ltd.2.19%$10.5526.56%
4516.TNippon Shinyaku Co., Ltd.2.19%$123.8726.14%
4617.TChugoku Marine Paints, Ltd.2.19%$96.7242.42%
600051.SSNingbo United Group Co.,Ltd.2.19%$0.1755.08%
603799.SSZhejiang Huayou Cobalt Co., Ltd2.19%$1.4948.01%
7233.KLDufu Technology Corp. Berhad2.19%$0.0495.65%
9064.TYamato Holdings Co., Ltd.2.19%$48.3336.15%
9948.TARCS Company Limited2.19%$74.0133.92%
000049.SZShenzhen Desay Battery Technology Co., Ltd.2.18%$0.5954.00%
000153.SZAnhui Fengyuan Pharmaceutical Co., Ltd.2.18%$0.1455.80%
002237.SZShandong Humon Smelting Co., Ltd.2.18%$0.2961.47%
002626.SZXiamen Kingdomway Group Company2.18%$0.4354.26%
2468.TWFortune Information Systems Corp2.18%$0.9078.36%
300815.SZEIT Environmental Development Group Co.,Ltd2.18%$0.5038.67%
300910.SZXinxiang Richful Lube Additive Co., Ltd2.18%$1.2345.00%
4908.TWOAPAC Opto Electronics Inc.2.18%$1.7472.09%
601369.SSXi'an Shaangu Power Co., Ltd.2.18%$0.2237.55%
067160.KQSoop Co., Ltd.2.17%$1,492.2515.52%
3898.HKZhuzhou CRRC Times Electric Co., Ltd.2.17%$0.8329.19%
4507.TShionogi & Co., Ltd.2.17%$61.6530.72%
603383.SSFujian Apex Software Co.,LTD2.17%$0.7883.82%
603568.SSZhejiang Weiming Environment Protection Co., Ltd.2.17%$0.5534.14%
7181.TJapan Post Insurance Co., Ltd.2.17%$102.1324.56%
053800.KQAhnLab, Inc.2.16%$1,304.4028.50%
0QI9.LCreades AB2.16%$1.5916.64%
601233.SSTongkun Group Co., Ltd.2.16%$0.3750.52%
605056.SSXianheng International Science&Technology Co., Ltd.2.16%$0.3657.45%
MGICMagic Software Enterprises Ltd.2.16%$0.5669.02%
002311.SZGuangdong Haid Group Co., Limited2.15%$1.1939.51%
3727.TAplix Corporation2.15%$3.4454.78%
603586.SSShandong Gold Phoenix Co.,Ltd2.15%$0.4151.17%
6268.TNabtesco Corporation2.15%$80.7460.45%
ATRLJ-B.STAtrium Ljungberg AB (publ)2.15%$0.7141.67%
BPAN4.SABanco Pan S.A.2.15%$0.2441.77%
NCM.AXNewcrest Mining Limited2.15%$0.5038.39%
PARAUCO.SNParque Arauco S.A.2.15%$62.7342.33%
SHANG.BKShangri-La Hotel Public Company Limited2.15%$1.0056.93%
VZUG.SWV-ZUG Holding AG2.15%$0.9119.03%
WTIF.SGWisdomTree Japan Equity UCITS ETF2.15%$0.9891.42%
002258.SZLier Chemical Co.,LTD.2.14%$0.2848.19%
002605.SZShanghai Yaoji Technology Co., Ltd.2.14%$0.5042.55%
0GZV.ILGetinge AB (publ)2.14%$4.6761.88%
0PMJ.LSiemens Healthineers AG2.14%$0.9549.72%
300482.SZGuangzhou Wondfo Biotech Co.,Ltd2.14%$0.4274.45%
5288.KLSime Darby Property Berhad2.14%$0.0342.63%
603218.SSRiyue Heavy Industry Co., Ltd.2.14%$0.2852.42%
BXB.AXBrambles Limited2.14%$0.4940.03%
POBS.BOPlatinumOne Business Services2.14%$3.0015.69%