Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Southwest Gas Holdings, Inc. (SWX)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$308.54 - $1,277.59$790.49
Multi-Stage$153.48 - $167.85$160.53
Blended Fair Value$475.51
Current Price$74.39
Upside539.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.89%10.37%2.462.422.221.911.741.611.391.281.151.03
YoY Growth--1.83%8.73%16.16%10.13%8.07%15.85%8.80%10.58%12.21%12.03%
Dividend Yield--3.43%3.20%3.56%2.44%2.53%2.31%1.68%1.89%1.39%1.56%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)463.92
(-) Cash Dividends Paid (M)178.34
(=) Cash Retained (M)285.58
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)92.7857.9934.79
Cash Retained (M)285.58285.58285.58
(-) Cash Required (M)-92.78-57.99-34.79
(=) Excess Retained (M)192.80227.59250.79
(/) Shares Outstanding (M)72.2272.2272.22
(=) Excess Retained per Share2.673.153.47
LTM Dividend per Share2.472.472.47
(+) Excess Retained per Share2.673.153.47
(=) Adjusted Dividend5.145.625.94
WACC / Discount Rate7.26%7.26%7.26%
Growth Rate5.50%6.50%7.50%
Fair Value$308.54$790.49$1,277.59
Upside / Downside314.75%962.63%1,617.42%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)463.92494.07526.19560.39596.82635.61654.68
Payout Ratio38.44%48.75%59.06%69.38%79.69%90.00%92.50%
Projected Dividends (M)178.34240.88310.79388.78475.59572.05605.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.26%7.26%7.26%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)222.47224.58226.69
Year 2 PV (M)265.11270.16275.26
Year 3 PV (M)306.29315.08324.04
Year 4 PV (M)346.05359.36373.05
Year 5 PV (M)384.43402.99422.27
PV of Terminal Value (M)9,559.0210,020.7310,500.10
Equity Value (M)11,083.3611,592.9012,121.40
Shares Outstanding (M)72.2272.2272.22
Fair Value$153.48$160.53$167.85
Upside / Downside106.31%115.80%125.64%

High-Yield Dividend Screener

« Prev Page 70 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6101.TTsugami Corporation2.08%$59.7021.18%
9549.SRAbdulaziz and Mansour Ibrahim Albabtin Co.2.08%$0.5029.71%
FPAR-A.STFastPartner AB (publ)2.08%$0.9755.03%
GRNG.STGränges AB (publ)2.08%$3.0934.78%
ZGNErmenegildo Zegna N.V.2.08%$0.2228.26%
000983.SZShanxi Coking Coal Energy Group Co.,Ltd.2.07%$0.1344.44%
006090.KSOyang Corporation2.07%$187.5543.67%
0O1O.LVetoquinol S.A.2.07%$1.7419.10%
1748.HKXin Yuan Enterprises Group Limited2.07%$0.0462.70%
4677.KLYTL Corporation Berhad2.07%$0.0426.42%
603136.SSJiangsu Tianmu Lake Tourism Co.,Ltd2.07%$0.2464.23%
7965.TZojirushi Corporation2.07%$32.3536.35%
MRSA3B.SAMRS Logística S.A.2.07%$0.8118.86%
OCL.AXObjective Corporation Limited2.07%$0.3457.76%
TRTNTriton International Limited2.07%$1.6528.50%
001219.SZQingdao Foods CO.,LTD.2.06%$0.2955.25%
002351.SZEdifier Technology Co., Ltd.2.06%$0.2553.80%
004830.KSDuksung Co., Ltd.2.06%$100.3019.66%
600120.SSZhejiang Orient Financial Holdings Group Co., Ltd.2.06%$0.1332.28%
600143.SSKingfa Sci. & Tech. Co., Ltd.2.06%$0.4085.82%
7735.TSCREEN Holdings Co., Ltd.2.06%$314.4332.13%
ALSO3.SAAliansce Sonae Shopping Centers S.A.2.06%$0.529.27%
MLIA.JKPT Mulia Industrindo Tbk2.06%$6.9827.72%
REA.AXREA Group Limited2.06%$3.8151.46%
THEON.ASTheon International PLC2.06%$0.5552.53%
000902.SZYONFER Agricultural Technology Co., Ltd.2.05%$0.3226.06%
002938.SZAvary Holding(Shenzhen)Co., Limited2.05%$1.0459.37%
036930.KQJUSUNG ENGINEERING Co., Ltd.2.05%$625.5045.79%
086280.KSHyundai Glovis Co., Ltd.2.05%$3,700.1019.97%
2730.TEDION Corporation2.05%$43.4130.64%
4191.SRAbdullah Saad Mohammed Abo Moati for Bookstores Company2.05%$1.0176.56%
9527.SRAme Company For Medical Supplies2.05%$2.0027.73%
BMIN3.SABanco Mercantil de Investimentos S.A.2.05%$0.4728.32%
GUAR3.SAGuararapes Confecções S.A.2.05%$0.1820.09%
MGROS.ISMigros Ticaret A.S.2.05%$10.8831.41%
MLL.DEMüller - Die lila Logistik AG2.05%$0.106.76%
RAY-A.TOStingray Group Inc.2.05%$0.3039.32%
VIVA3.SAVivara Participações S.A.2.05%$0.6620.93%
268280.KSMiwon Specialty Chemical Co., Ltd.2.04%$2,814.5722.79%
2869.HKGreentown Service Group Co. Ltd.2.04%$0.0917.96%
450330.KQHass2.04%$131.7935.27%
605589.SSJinan Shengquan Group Share Holding Co., Ltd.2.04%$0.5844.86%
CEK.DECeoTronics AG2.04%$0.2634.71%
CSAP.JKPT Catur Sentosa Adiprana Tbk2.04%$6.5030.53%
ROTH.PARothschild & Co SCA2.04%$0.7813.71%
2476.TWG-SHANK Enterprise Co., Ltd.2.03%$1.8549.48%
2852.KLCahya Mata Sarawak Berhad2.03%$0.0328.80%
3788.HKChina Hanking Holdings Limited2.03%$0.0836.16%
4004.SRDallah Healthcare Company2.03%$2.5449.37%
601607.SSShanghai Pharmaceuticals Holding Co., Ltd2.03%$0.3623.77%