Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Merck & Co., Inc. (0QAH.L)

Company Dividend Discount ModelIndustry: Drug Manufacturers - GeneralSector: Healthcare

Valuation Snapshot

Stable Growth$502.53 - $1,489.14$1,395.43
Multi-Stage$262.82 - $288.01$275.18
Blended Fair Value$835.31
Current Price$83.93
Upside895.24%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.60%4.10%3.112.952.782.622.472.262.052.052.032.03
YoY Growth--5.31%6.18%6.08%6.36%9.13%10.11%0.10%0.84%0.14%-2.48%
Dividend Yield--3.47%2.25%2.61%3.20%3.35%3.08%2.58%3.95%3.35%4.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)19,034.00
(-) Cash Dividends Paid (M)8,109.00
(=) Cash Retained (M)10,925.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,806.802,379.251,427.55
Cash Retained (M)10,925.0010,925.0010,925.00
(-) Cash Required (M)-3,806.80-2,379.25-1,427.55
(=) Excess Retained (M)7,118.208,545.759,497.45
(/) Shares Outstanding (M)2,520.752,520.752,520.75
(=) Excess Retained per Share2.823.393.77
LTM Dividend per Share3.223.223.22
(+) Excess Retained per Share2.823.393.77
(=) Adjusted Dividend6.046.616.98
WACC / Discount Rate5.86%5.86%5.86%
Growth Rate4.60%5.60%6.60%
Fair Value$502.53$1,395.43$1,489.14
Upside / Downside498.75%1,562.62%1,674.27%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)19,034.0020,100.2421,226.2222,415.2623,670.9224,996.9125,746.82
Payout Ratio42.60%52.08%61.56%71.04%80.52%90.00%92.50%
Projected Dividends (M)8,109.0010,468.6413,067.2015,924.0419,059.9522,497.2223,815.81

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.86%5.86%5.86%
Growth Rate4.60%5.60%6.60%
Year 1 PV (M)9,795.579,889.229,982.86
Year 2 PV (M)11,440.9311,660.7311,882.62
Year 3 PV (M)13,045.8213,423.5713,808.54
Year 4 PV (M)14,610.9715,177.7715,760.89
Year 5 PV (M)16,137.1016,923.3517,739.95
PV of Terminal Value (M)597,478.44626,589.42656,824.20
Equity Value (M)662,508.84693,664.05725,999.06
Shares Outstanding (M)2,520.752,520.752,520.75
Fair Value$262.82$275.18$288.01
Upside / Downside213.14%227.87%243.15%

High-Yield Dividend Screener

« Prev Page 71 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603556.SSHexing Electrical Co.,Ltd.2.03%$0.7437.74%
CUERVO.MXBecle, S.A.B. de C.V.2.03%$0.4216.99%
MDIA3.SAM. Dias Branco S.A. Indústria e Comércio de Alimentos2.03%$0.4824.23%
TRH1V.HETrainers' House Oyj2.03%$0.0541.72%
000065.SZNorinco International Cooperation Ltd.2.02%$0.2534.80%
001206.SZTianjin Yiyi Hygiene Products Co.,Ltd2.02%$0.6050.08%
0QND.LBachem Holding AG2.02%$1.2136.62%
300705.SZHunan Jiudian Pharmaceutical Co., Ltd.2.02%$0.3033.69%
3711.TWASE Technology Holding Co., Ltd.2.02%$5.2165.40%
600497.SSYunnan Chihong Zinc & Germanium Co., Ltd.2.02%$0.1565.03%
BMEB3.SABanco Mercantil do Brasil S.A.2.02%$1.2523.03%
COGN3.SACogna Educação S.A.2.02%$0.069.04%
CZG.PRColt CZ Group SE2.02%$15.0050.93%
PINFRA.MXPromotora y Operadora de Infraestructura, S. A. B. de C. V.2.02%$5.3312.11%
002138.SZShenzhen Sunlord Electronics Co.,Ltd.2.01%$0.7256.61%
012630.KSHDC HOLDINGS CO.,Ltd2.01%$351.076.96%
0303.HKVtech Holdings Limited2.01%$1.2497.00%
300519.SZZhejiang Xinguang Pharmaceutical Co., Ltd.2.01%$0.3082.84%
6096.TRareJob Inc.2.01%$6.4030.88%
AKRN.MEPJSC Acron2.01%$363.0128.13%
CGY.TOCalian Group Ltd.2.01%$1.1363.09%
FORUS.SNForus S.A.2.01%$46.8542.68%
INDU-A.STAB Industrivärden (publ)2.01%$8.2525.83%
002773.SZChengdu Kanghong Pharmaceutical Group Co., Ltd2.00%$0.6044.20%
004080.KSShinhung Co., Ltd2.00%$279.3556.15%
600388.SSFujian Longking Co., Ltd.2.00%$0.3342.78%
7199.TPremium Group Co., Ltd.2.00%$38.8033.41%
EVANS.BOEvans Electric Ltd.2.00%$2.5014.08%
PFV.DEPfeiffer Vacuum Technology AG2.00%$3.1699.27%
002996.SZChongqing Shunbo Aluminum Co.,Ltd.1.99%$0.1568.38%
0285.HKBYD Electronic (International) Company Limited1.99%$0.7022.65%
1948.HKUju Holding Limited1.99%$0.0823.66%
301119.SZHangzhou Zhengqiang Corporation Limited1.99%$1.0594.30%
3391.TTsuruha Holdings Inc.1.99%$57.3849.48%
3545.TWFocalTech Systems Co., Ltd.1.99%$1.0236.23%
601579.SSKuaijishan Shaoxing Rice Wine Co., Ltd.1.99%$0.4094.73%
603025.SSBeijing Dahao Technology Corp.,Ltd1.99%$0.3657.13%
603313.SSHealthcare Co., Ltd.1.99%$0.1860.06%
000554.SZSINOPEC Shandong Taishan Pectroleum CO.,LTD.1.98%$0.1338.84%
000997.SZNewland Digital Technology Co.,Ltd.1.98%$0.5650.65%
1381.HKCanvest Environmental Protection Group Company Limited1.98%$0.1012.54%
300795.SZZhejiang Meorient Commerce Exhibition Inc.1.98%$0.2765.37%
600482.SSChina Shipbuilding Industry Group Power Co., Ltd.1.98%$0.4149.72%
6005.TMiura Co., Ltd.1.98%$60.2627.67%
603197.SSShanghai Baolong Automotive Corporation1.98%$0.7361.39%
605058.SSChangzhou Aohong Electronics Co., Ltd.1.98%$0.6058.36%
BLA-R.BKBangkok Life Assurance Public Company Limited1.98%$0.4013.92%
LAS-A.TOLassonde Industries Inc.1.98%$4.3023.88%
NREST.STNordrest Holding AB (publ)1.98%$4.9045.35%
SGER.JKPT Sumber Global Energy Tbk1.98%$8.2746.12%