Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Maximus, Inc. (MMS)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$182.44 - $988.94$330.94
Multi-Stage$108.30 - $118.44$113.28
Blended Fair Value$222.11
Current Price$91.37
Upside143.08%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-0.42%19.14%1.191.261.181.191.191.211.110.200.200.20
YoY Growth---5.75%7.09%-0.94%-0.18%-1.88%9.81%446.42%0.15%-0.23%-1.89%
Dividend Yield--1.30%1.69%1.41%1.62%1.50%1.66%1.49%0.31%0.28%0.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)319.03
(-) Cash Dividends Paid (M)68.71
(=) Cash Retained (M)250.32
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)63.8139.8823.93
Cash Retained (M)250.32250.32250.32
(-) Cash Required (M)-63.81-39.88-23.93
(=) Excess Retained (M)186.52210.44226.40
(/) Shares Outstanding (M)57.7657.7657.76
(=) Excess Retained per Share3.233.643.92
LTM Dividend per Share1.191.191.19
(+) Excess Retained per Share3.233.643.92
(=) Adjusted Dividend4.424.835.11
WACC / Discount Rate8.06%8.06%8.06%
Growth Rate5.50%6.50%7.50%
Fair Value$182.44$330.94$988.94
Upside / Downside99.67%262.19%982.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)319.03339.77361.86385.38410.43437.10450.22
Payout Ratio21.54%35.23%48.92%62.61%76.31%90.00%92.50%
Projected Dividends (M)68.71119.70177.03241.30313.19393.39416.45

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.06%8.06%8.06%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)109.74110.78111.82
Year 2 PV (M)148.78151.62154.48
Year 3 PV (M)185.92191.26196.70
Year 4 PV (M)221.22229.73238.48
Year 5 PV (M)254.75267.05279.83
PV of Terminal Value (M)5,334.455,592.115,859.63
Equity Value (M)6,254.866,542.546,840.92
Shares Outstanding (M)57.7657.7657.76
Fair Value$108.30$113.28$118.44
Upside / Downside18.52%23.98%29.63%

High-Yield Dividend Screener

« Prev Page 69 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SIE.DESiemens AG2.14%$5.1641.34%
TBIG.JKPT Tower Bersama Infrastructure Tbk2.14%$55.6585.41%
VNX.DENXP Semiconductors N.V.2.14%$4.0549.93%
010100.KSKorea Movenex Co., Ltd.2.13%$99.689.18%
300154.SZShenzhen Riland Industry Group Co., Ltd2.13%$0.2190.73%
600848.SSShanghai Lingang Holdings Co.,Ltd.2.13%$0.2539.80%
7259.TAisin Corporation2.13%$62.3927.27%
ALBRK.ISAlbaraka Türk Katilim Bankasi A.S.2.13%$0.173.51%
BURBurford Capital Limited2.13%$0.1947.60%
ECSC.LECSC Group plc2.13%$1.1222.10%
PR9.BKPraram 9 Hospital Public Company Limited2.13%$0.4038.51%
000630.SZTongling Nonferrous Metals Group Co.,Ltd.2.12%$0.1392.15%
000878.SZYunnan Copper Co., Ltd.2.12%$0.4467.43%
002223.SZJiangsu Yuyue Medical Equipment & Supply Co., Ltd.2.12%$0.8146.42%
002731.SZShenyang Cuihua Gold and Silver Jewelry Co., Ltd.2.12%$0.2724.86%
0RKK.LVolati AB2.12%$2.2057.57%
0RVK.LBefesa S.A.2.12%$0.7464.88%
163560.KSDRB Industrial Co., Ltd.2.12%$146.7836.08%
2641.TWOFranbo Lines Corp.2.12%$0.4325.10%
443060.KSHdhms2.12%$4,099.9369.50%
605500.SSForest Packaging Group Co.,Ltd.2.12%$0.1989.23%
6455.TMorita Holdings Corporation2.12%$58.4524.57%
CCOLA.ISCoca-Cola Içecek Anonim Sirketi2.12%$1.2625.02%
MTWI.JKPT Malacca Trust Wuwungan Insurance Tbk2.12%$7.8425.68%
PNDX-B.STPandox AB (publ)2.12%$4.2540.78%
000860.KSKangnam Jevisco Co., Ltd2.11%$292.3959.03%
002440.SZZhejiang Runtu Co., Ltd.2.11%$0.1660.72%
002973.SZQiaoyin City Management Co.,Ltd.2.11%$0.2959.79%
0400.HKIngdan, Inc.2.11%$0.0622.33%
0Z4I.LSunny Optical Technology (Group) Company Limited2.11%$0.7115.45%
200771.SZHangzhou Steam Turbine Co., Ltd.2.11%$0.2859.18%
285130.KSSK Chemicals Co.,Ltd2.11%$1,396.2531.71%
688558.SSNantong Guosheng Intelligence Technology Group Co., Ltd.2.11%$0.6153.65%
NRDF.CONordfyns Bank A/S2.11%$13.0894.24%
001880.KSDL Construction Co., Ltd.2.10%$300.9316.73%
002967.SZGRG Metrology & Test Group Co. Ltd. Class A2.10%$0.4662.67%
023350.KSKorea Engineering Consultants Corp.2.10%$100.0016.54%
1423.TWReward Wool Industry Corporation2.10%$0.7918.73%
2811.TKagome Co., Ltd.2.10%$56.5639.32%
601456.SSGuolian Minsheng Securities Co., Ltd.2.10%$0.2168.71%
U10.SIUOB-Kay Hian Holdings Limited2.10%$0.0524.07%
UNBL.PAUnibel S.A.2.10%$24.7334.10%
3979.TUluru.Co.,Ltd.2.09%$8.7136.14%
600309.SSWanhua Chemical Group Co., Ltd.2.09%$1.6045.09%
7714.TWOUniforce Technology Corp.2.09%$3.8369.36%
ALIG.STAlimak Group AB (publ)2.09%$2.9845.61%
002226.SZAnhui Jiangnan Chemical Industry Co., Ltd.2.08%$0.1239.66%
002706.SZShanghai Liangxin Electrical Co.,LTD.2.08%$0.2279.51%
002763.SZShenzhen Huijie Group Co., Ltd.2.08%$0.1578.60%
4016.SRMiddle East Pharmaceutical Industries Company2.08%$2.3548.29%