Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Kellanova (K)

Company Dividend Discount ModelIndustry: Food ConfectionersSector: Consumer Defensive

Valuation Snapshot

Stable Growth$36.33 - $57.40$45.96
Multi-Stage$88.20 - $97.06$92.54
Blended Fair Value$69.25
Current Price$77.94
Upside-11.15%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.18%1.33%2.222.292.282.252.242.202.182.102.052.00
YoY Growth---3.00%0.38%1.14%0.77%1.69%0.92%3.53%2.79%2.29%2.94%
Dividend Yield--2.69%3.99%3.63%3.66%3.76%3.94%4.05%3.45%3.00%2.74%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,277.00
(-) Cash Dividends Paid (M)794.00
(=) Cash Retained (M)483.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)255.40159.6395.78
Cash Retained (M)483.00483.00483.00
(-) Cash Required (M)-255.40-159.63-95.78
(=) Excess Retained (M)227.60323.38387.23
(/) Shares Outstanding (M)349.75349.75349.75
(=) Excess Retained per Share0.650.921.11
LTM Dividend per Share2.272.272.27
(+) Excess Retained per Share0.650.921.11
(=) Adjusted Dividend2.923.193.38
WACC / Discount Rate6.08%6.08%6.08%
Growth Rate-1.82%-0.82%0.18%
Fair Value$36.33$45.96$57.40
Upside / Downside-53.39%-41.03%-26.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,277.001,266.551,256.181,245.901,235.701,225.581,262.35
Payout Ratio62.18%67.74%73.31%78.87%84.44%90.00%92.50%
Projected Dividends (M)794.00857.98920.86982.651,043.371,103.021,167.67

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.08%6.08%6.08%
Growth Rate-1.82%-0.82%0.18%
Year 1 PV (M)800.68808.84816.99
Year 2 PV (M)801.97818.39834.98
Year 3 PV (M)798.64823.29848.44
Year 4 PV (M)791.36824.09857.83
Year 5 PV (M)780.74821.31863.56
PV of Terminal Value (M)26,873.4928,270.2229,724.43
Equity Value (M)30,846.8832,366.1533,946.24
Shares Outstanding (M)349.75349.75349.75
Fair Value$88.20$92.54$97.06
Upside / Downside13.16%18.73%24.53%

High-Yield Dividend Screener

« Prev Page 77 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EFN-PA.TOElement Fleet Management Corp.1.77%$0.4438.48%
RMS.AXRamelius Resources Limited1.77%$0.0712.68%
RSTIP.MERosseti, Public Joint Stock Company1.77%$0.025.65%
TRIThomson Reuters Corporation1.77%$2.2457.46%
UFOE.JKPT Damai Sejahtera Abadi Tbk1.77%$3.2616.08%
002073.SZMesnac Co., Ltd.1.76%$0.1431.34%
068290.KSSamsung Publishing Co., Ltd1.76%$199.5321.01%
0EWR.Linit innovation in traffic systems SE1.76%$0.8047.67%
300923.SZYeal Electric Co.,Ltd1.76%$0.4571.34%
600019.SSBaoshan Iron & Steel Co., Ltd.1.76%$0.1329.23%
600176.SSChina Jushi Co., Ltd.1.76%$0.3034.66%
603225.SSXinfengming Group Co., Ltd.1.76%$0.3448.02%
7269.TSuzuki Motor Corporation1.76%$41.0219.60%
7556.TWOYeedex Electronic Corporation1.76%$2.9043.54%
AWRD.STAwardit AB (publ)1.76%$2.3082.26%
AXSAXIS Capital Holdings Limited1.76%$1.8414.40%
KCR.HEKonecranes Plc1.76%$1.6533.86%
SY1.DESymrise AG1.76%$1.2033.09%
VINTE.MXVinte Viviendas Integrales, S.A.B. de C.V.1.76%$0.5714.97%
002350.KSNexen Tire Corporation1.75%$130.258.28%
003019.SZTES Touch Embedded Solutions (Xiamen) Co., Ltd.1.75%$0.5854.54%
300951.SZShenzhen Bsc Technology Co.,Ltd.1.75%$0.6051.92%
301156.SZShanghai Menon Animal Nutrition Technology Co., Ltd.1.75%$0.3173.33%
3242.TUrbanet Corporation Co.,Ltd.1.75%$10.029.72%
603045.SSFuda Alloy Materials Co.,Ltd1.75%$0.3478.02%
7512.TAeon Hokkaido Corporation1.75%$15.9769.82%
ICC.BKI.C.C. International Public Company Limited1.75%$0.4329.50%
IMD.AXImdex Limited1.75%$0.0637.34%
KRI.ATKri-Kri Milk Industry S.A.1.75%$0.3541.81%
PEAB-B.STPeab AB (publ)1.75%$1.5126.14%
SIMP.JKPT Salim Ivomas Pratama Tbk1.75%$10.008.73%
001820.KSSAMWHA CAPACITOR Co.,LTD1.74%$525.0939.85%
006260.KSLS Corp.1.74%$3,619.1044.44%
006880.KSSingsong Holdings Co.,Ltd.1.74%$119.6228.35%
030520.KQHancom Inc.1.74%$409.9476.57%
243070.KQHuons Co., Ltd.1.74%$475.6315.69%
300488.SZEST Tools Co., Ltd1.74%$0.5763.18%
300787.SZAnfu CE LINK Limited1.74%$0.2056.29%
316140.KSWoori Financial Group Inc.1.74%$487.0211.05%
603817.SSFujian Haixia Environmental Protection Group Co.,Ltd.1.74%$0.1232.99%
603885.SSJuneyao Airlines Co., Ltd1.74%$0.2676.13%
688566.SSJiangsu Jibeier Pharmaceutical Co., Ltd.1.74%$0.5242.91%
CRLA.PACaisse Régionale de Crédit Agricole Mutuel du Languedoc Société coopérative1.74%$1.417.62%
IVG.MIIveco Group N.V.1.74%$0.3327.33%
LTX.WALentex S.A.1.74%$0.1231.81%
MICE.JKPT Multi Indocitra Tbk1.74%$10.0013.08%
1334.HKRuichang Intl1.73%$0.0276.84%
4689.TLY Corporation1.73%$7.2024.40%
603926.SSZhejiang Tieliu Clutch Co., Ltd.1.73%$0.3066.82%
688533.SSSuzhou Sonavox Electronics Co., Ltd.1.73%$0.5045.54%