Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

First American Financial Corporation (FAF)

Company Dividend Discount ModelIndustry: Insurance - SpecialtySector: Financial Services

Valuation Snapshot

Stable Growth$47.14 - $74.36$59.59
Multi-Stage$66.76 - $73.12$69.88
Blended Fair Value$64.74
Current Price$64.24
Upside0.77%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.21%9.39%2.122.082.092.051.911.811.721.531.261.04
YoY Growth--1.89%-0.18%1.88%7.22%5.43%5.58%12.06%21.09%21.21%20.66%
Dividend Yield--3.23%3.48%3.75%3.16%3.37%4.27%3.18%2.61%3.22%2.74%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)482.30
(-) Cash Dividends Paid (M)222.50
(=) Cash Retained (M)259.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)96.4660.2936.17
Cash Retained (M)259.80259.80259.80
(-) Cash Required (M)-96.46-60.29-36.17
(=) Excess Retained (M)163.34199.51223.63
(/) Shares Outstanding (M)104.05104.05104.05
(=) Excess Retained per Share1.571.922.15
LTM Dividend per Share2.142.142.14
(+) Excess Retained per Share1.571.922.15
(=) Adjusted Dividend3.714.064.29
WACC / Discount Rate8.65%8.65%8.65%
Growth Rate0.72%1.72%2.72%
Fair Value$47.14$59.59$74.36
Upside / Downside-26.62%-7.23%15.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)482.30490.62499.08507.69516.44525.35541.11
Payout Ratio46.13%54.91%63.68%72.45%81.23%90.00%92.50%
Projected Dividends (M)222.50269.38317.81367.84419.49472.81500.53

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.65%8.65%8.65%
Growth Rate0.72%1.72%2.72%
Year 1 PV (M)245.50247.94250.38
Year 2 PV (M)263.97269.23274.55
Year 3 PV (M)278.43286.81295.35
Year 4 PV (M)289.38301.05313.06
Year 5 PV (M)297.26312.31327.96
PV of Terminal Value (M)5,571.485,853.596,147.02
Equity Value (M)6,946.017,270.927,608.32
Shares Outstanding (M)104.05104.05104.05
Fair Value$66.76$69.88$73.12
Upside / Downside3.92%8.78%13.83%

High-Yield Dividend Screener

« Prev Page 74 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PHN.MIPharmanutra S.p.A.1.89%$1.0254.97%
002117.SZTungkong Inc.1.88%$0.2667.89%
031440.KSSHINSEGAE FOOD Inc.1.88%$899.9814.67%
1590.TWAirTAC International Group1.88%$17.9845.66%
2678.HKTexhong Textile Group Limited1.88%$0.096.21%
4112.THodogaya Chemical Co., Ltd.1.88%$42.1632.13%
4739.TITOCHU Techno-Solutions Corporation1.88%$81.1350.53%
600499.SSKeda Industrial Group Co., Ltd.1.88%$0.2634.23%
6594.TNidec Corporation1.88%$40.0525.72%
GFPT-R.BKGFPT Public Company Limited1.88%$0.2010.54%
NGI.AXNavigator Global Investments Limited1.88%$0.0619.77%
SVW.AXSeven Group Holdings Limited1.88%$0.8731.55%
002461.SZGuangzhou Zhujiang Brewery Co., Ltd1.87%$0.1740.51%
002788.SZLuyan Pharma Co.,Ltd.1.87%$0.4049.91%
600600.SSTsingtao Brewery Company Limited1.87%$1.1433.65%
600900.SSChina Yangtze Power Co., Ltd.1.87%$0.5137.99%
603238.SSHangZhou Nbond Nonwovens Co., Ltd.1.87%$0.3348.05%
6875.TMegaChips Corporation1.87%$148.1788.24%
7095.KLP.I.E. Industrial Berhad1.87%$0.0544.49%
8334.TThe Gunma Bank, Ltd.1.87%$32.3726.45%
BVB.DEBorussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien1.87%$0.0623.76%
DNG.TODynacor Group Inc.1.87%$0.1028.25%
ICNC-UNIconic Sports Acquisition Corp.1.87%$0.2030.34%
PAZ.SNPaz Corp S.A.1.87%$14.9926.20%
002756.SZYongxing Special Materials Technology Co.,Ltd1.86%$1.0188.45%
006980.KSWoosung Co., Ltd.1.86%$299.972.95%
084110.KQHuons Global Co., Ltd.1.86%$939.2047.07%
4100.SRMakkah Construction & Development Company1.86%$1.4866.05%
603867.SSZhejiang Xinhua Chemical Co.,Ltd1.86%$0.4738.85%
6849.TNihon Kohden Corporation1.86%$31.3228.12%
9515.SRFesh Fash Snack Food Production Company1.86%$0.1824.81%
CIMSA.ISÇimsa Çimento Sanayi ve Ticaret A.S.1.86%$0.8543.17%
EGATIF.BKElectricity Generating Authority Of Thailand- North Bangkok Power Plant Block 1 Infrastructure Fund1.86%$0.1122.36%
ESNTEssent Group Ltd.1.86%$1.2117.35%
RVRC.STRVRC Holding AB (publ)1.86%$1.2044.59%
002803.SZXiamen Jihong Technology Co., Ltd.1.85%$0.3049.75%
2467.TWC Sun Mfg Ltd.1.85%$4.9998.76%
300160.SZJiangsu Xiuqiang Glasswork Co., Ltd.1.85%$0.1037.25%
600609.SSShenyang Jinbei Automotive Company Limited1.85%$0.0941.26%
601882.SSNingbo Haitian Precision Machinery Co.,Ltd.1.85%$0.3641.14%
603199.SSAnhui Jiuhuashan Tourism Development Co., Ltd.1.85%$0.6835.31%
7245.TDaido Metal Co., Ltd.1.85%$18.1630.01%
BTGB2Gold Corp.1.85%$0.0856.43%
COIC.STConcentric AB (publ)1.85%$4.2555.44%
MPCC.OLMPC Container Ships ASA1.85%$0.3256.17%
000823.SZGuangdong Goworld Co., Ltd.1.84%$0.2554.48%
0529.HKSiS International Holdings Limited1.84%$0.043.76%
0KBI.LKnorr-Bremse AG1.84%$1.7566.92%
300866.SZAnker Innovations Limited1.84%$2.1043.92%
4013.SRDr. Sulaiman Al Habib Medical Services Group Company1.84%$4.7270.08%