Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Packaging Corporation of America (PKG)

Company Dividend Discount ModelIndustry: Packaging & ContainersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$160.23 - $312.57$220.61
Multi-Stage$225.64 - $247.45$236.34
Blended Fair Value$228.48
Current Price$217.93
Upside4.84%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.48%11.05%5.005.004.684.233.343.332.992.652.412.24
YoY Growth---0.02%6.80%10.66%26.77%0.30%11.41%12.84%9.95%7.62%27.57%
Dividend Yield--2.52%2.65%3.37%2.71%2.48%3.83%2.91%2.35%2.63%3.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)893.30
(-) Cash Dividends Paid (M)449.40
(=) Cash Retained (M)443.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)178.66111.6667.00
Cash Retained (M)443.90443.90443.90
(-) Cash Required (M)-178.66-111.66-67.00
(=) Excess Retained (M)265.24332.24376.90
(/) Shares Outstanding (M)89.8089.8089.80
(=) Excess Retained per Share2.953.704.20
LTM Dividend per Share5.005.005.00
(+) Excess Retained per Share2.953.704.20
(=) Adjusted Dividend7.968.709.20
WACC / Discount Rate6.83%6.83%6.83%
Growth Rate1.78%2.78%3.78%
Fair Value$160.23$220.61$312.57
Upside / Downside-26.48%1.23%43.43%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)893.30918.12943.63969.85996.801,024.491,055.23
Payout Ratio50.31%58.25%66.18%74.12%82.06%90.00%92.50%
Projected Dividends (M)449.40534.77624.54718.88817.99922.04976.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.83%6.83%6.83%
Growth Rate1.78%2.78%3.78%
Year 1 PV (M)495.69500.56505.43
Year 2 PV (M)536.60547.20557.90
Year 3 PV (M)572.53589.57606.95
Year 4 PV (M)603.85627.94652.73
Year 5 PV (M)630.93662.54695.40
PV of Terminal Value (M)17,422.3618,295.2419,202.76
Equity Value (M)20,261.9621,223.0522,221.18
Shares Outstanding (M)89.8089.8089.80
Fair Value$225.64$236.34$247.45
Upside / Downside3.54%8.45%13.55%

High-Yield Dividend Screener

« Prev Page 78 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688625.SSGCH Technology Co., Ltd.1.73%$0.7135.67%
ATCO-A.STAtlas Copco AB1.73%$2.9051.19%
KAZT.MEPJSC KuibyshevAzot1.73%$7.209.57%
PROT.OLProtector Forsikring ASA1.73%$9.0232.47%
018260.KSSamsung SDS Co.,Ltd.1.72%$3,013.9430.15%
029460.KSKC Co., Ltd.1.72%$456.826.78%
3308.HKGolden Eagle Retail Group Limited1.72%$0.129.52%
403870.KQHPSP Co., Ltd.1.72%$593.5058.19%
688128.SSChina National Electric Apparatus Research Institute Co., Ltd.1.72%$0.5038.48%
9516.SRNatural Gas Distribution Company1.72%$0.5031.24%
AMRT.JKPT Sumber Alfaria Trijaya Tbk1.72%$34.1146.22%
CENTEL-R.BKCentral Plaza Hotel Public Company Limited1.72%$0.5947.25%
EMP-A.TOEmpire Company Limited1.72%$0.8327.46%
LSNG.MEPublic Joint stock company Rosseti Lenenergo1.72%$0.267.85%
MAD.AXMader Group Limited1.72%$0.1328.01%
RUSTA.STRusta AB (publ)1.72%$1.4547.44%
000655.SZShandong Jinling Mining Co., Ltd.1.71%$0.1635.18%
002166.SZGuilin Layn Natural Ingredients Corp.1.71%$0.1479.28%
009140.KSKyungin Electronics Co., Ltd1.71%$350.0224.51%
009290.KSKwang Dong Pharmaceutical Co., Ltd.1.71%$100.1413.46%
300196.SZJiangsu Changhai Composite Materials Co., Ltd1.71%$0.2530.44%
300973.SZLigao Foods Co.Ltd1.71%$0.7340.03%
4144.SRRaoom Trading Co.1.71%$1.1283.18%
601801.SSAnhui Xinhua Media Co., Ltd.1.71%$0.1125.98%
688358.SSChison Medical Technologies Co., Ltd.1.71%$0.5142.24%
CAMBI.OLCambi ASA1.71%$0.3030.04%
ICOS.MIIntercos S.p.A.1.71%$0.1937.87%
MZX.DEMasterflex SE1.71%$0.2428.96%
SKIS-B.STSkiStar AB (publ)1.71%$2.8039.71%
000990.KSDB HiTek Co. Ltd.1.70%$1,253.0620.53%
001207.SZShandong Link Science and Technology Co.,Ltd.1.70%$0.4327.93%
002593.SZXiamen Sunrise Group Co., Ltd.1.70%$0.1081.27%
300218.SZAnhui Anli Material Technology Co., Ltd.1.70%$0.2835.78%
300509.SZJiangsu Newamstar Packaging Machinery Co.,Ltd1.70%$0.2266.41%
300999.SZYihai Kerry Arawana Holdings Co., Ltd1.70%$0.4969.28%
301665.SZCAC Nantong Chemical Co Ltd1.70%$0.4846.18%
600004.SSGuangzhou Baiyun International Airport Co., Ltd.1.70%$0.1628.12%
600279.SSChongqing Port Co.,Ltd.1.70%$0.0921.95%
601512.SSChina-Singapore Suzhou Industrial Park Development Group Co., Ltd.1.70%$0.1528.77%
603612.SSSunstone Development Co., Ltd.1.70%$0.4027.82%
000905.SZXiamen Port Development Co., Ltd.1.69%$0.2279.86%
000949.SZXinxiang Chemical Fiber Co., Ltd.1.69%$0.0986.02%
600814.SSHangzhou Jiebai Group Co., Limited1.69%$0.1451.31%
688772.SSZhuhai CosMX Battery Co., Ltd.1.69%$0.3674.20%
7631.TWOGenii Ideas Co., Ltd.1.69%$2.1647.81%
BFT.WABenefit Systems S.A.1.69%$60.5337.69%
CJT.TOCargojet Inc.1.69%$1.4517.55%
002243.SZShenzhen Leaguer Co., Ltd.1.68%$0.1788.79%
161890.KSKolmar Korea Co., Ltd.1.68%$1,095.5022.79%
300041.SZHubei Huitian New Materials Co., Ltd.1.68%$0.1968.24%