Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Materion Corporation (MTRN)

Company Dividend Discount ModelIndustry: Industrial MaterialsSector: Basic Materials

Valuation Snapshot

Stable Growth$11.14 - $18.52$14.40
Multi-Stage$12.40 - $13.53$12.96
Blended Fair Value$13.68
Current Price$119.43
Upside-88.55%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.60%4.91%0.530.510.490.460.440.420.400.380.360.34
YoY Growth--4.39%4.54%4.77%4.75%4.53%5.57%6.02%5.56%5.10%3.89%
Dividend Yield--0.64%0.39%0.42%0.53%0.65%1.20%0.70%0.74%1.07%1.30%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)19.40
(-) Cash Dividends Paid (M)11.40
(=) Cash Retained (M)8.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.882.421.45
Cash Retained (M)8.008.008.00
(-) Cash Required (M)-3.88-2.42-1.45
(=) Excess Retained (M)4.125.576.54
(/) Shares Outstanding (M)20.9020.9020.90
(=) Excess Retained per Share0.200.270.31
LTM Dividend per Share0.550.550.55
(+) Excess Retained per Share0.200.270.31
(=) Adjusted Dividend0.740.810.86
WACC / Discount Rate9.77%9.77%9.77%
Growth Rate2.91%3.91%4.91%
Fair Value$11.14$14.40$18.52
Upside / Downside-90.68%-87.95%-84.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)19.4020.1620.9521.7622.6223.5024.21
Payout Ratio58.77%65.01%71.26%77.51%83.75%90.00%92.50%
Projected Dividends (M)11.4013.1014.9316.8718.9421.1522.39

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.77%9.77%9.77%
Growth Rate2.91%3.91%4.91%
Year 1 PV (M)11.8211.9412.05
Year 2 PV (M)12.1512.3912.63
Year 3 PV (M)12.3912.7513.12
Year 4 PV (M)12.5513.0413.55
Year 5 PV (M)12.6413.2713.92
PV of Terminal Value (M)197.63207.42217.60
Equity Value (M)259.19270.81282.88
Shares Outstanding (M)20.9020.9020.90
Fair Value$12.40$12.96$13.53
Upside / Downside-89.62%-89.15%-88.67%

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%