Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Evergy, Inc. (EVRG)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$79.54 - $198.16$119.26
Multi-Stage$85.81 - $93.90$89.78
Blended Fair Value$104.52
Current Price$76.02
Upside37.49%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS5.23%13.28%2.572.452.302.142.001.992.040.960.880.80
YoY Growth--4.76%6.51%7.41%7.08%0.54%-2.63%112.91%9.18%9.79%8.52%
Dividend Yield--3.72%4.65%3.77%3.14%3.36%3.62%3.56%1.85%1.62%1.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)849.50
(-) Cash Dividends Paid (M)609.20
(=) Cash Retained (M)240.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)169.90106.1963.71
Cash Retained (M)240.30240.30240.30
(-) Cash Required (M)-169.90-106.19-63.71
(=) Excess Retained (M)70.40134.11176.59
(/) Shares Outstanding (M)232.38232.38232.38
(=) Excess Retained per Share0.300.580.76
LTM Dividend per Share2.622.622.62
(+) Excess Retained per Share0.300.580.76
(=) Adjusted Dividend2.923.203.38
WACC / Discount Rate7.02%7.02%7.02%
Growth Rate3.23%4.23%5.23%
Fair Value$79.54$119.26$198.16
Upside / Downside4.63%56.87%160.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)849.50885.41922.84961.851,002.521,044.901,076.24
Payout Ratio71.71%75.37%79.03%82.69%86.34%90.00%92.50%
Projected Dividends (M)609.20667.34729.30795.31865.60940.41995.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.02%7.02%7.02%
Growth Rate3.23%4.23%5.23%
Year 1 PV (M)617.56623.54629.53
Year 2 PV (M)624.57636.72649.00
Year 3 PV (M)630.29648.79667.64
Year 4 PV (M)634.83659.79685.48
Year 5 PV (M)638.26669.77702.53
PV of Terminal Value (M)16,794.8117,624.2118,486.05
Equity Value (M)19,940.3120,862.8321,820.23
Shares Outstanding (M)232.38232.38232.38
Fair Value$85.81$89.78$93.90
Upside / Downside12.88%18.10%23.52%

High-Yield Dividend Screener

« Prev Page 79 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600082.SSTianjin Hi-Tech Development Co.,Ltd.1.68%$0.0772.77%
603815.SSAnhui Gourgen Traffic Construction Co.,Ltd.1.68%$0.1245.85%
7280.TMitsuba Corporation1.68%$17.578.76%
8985.TJapan Hotel REIT Investment Corporation1.68%$1,370.9717.79%
002836.SZGuangdong New Grand Long Packing Co., Ltd.1.67%$0.2597.86%
2419.HKDekon Food & Agriculture Group1.67%$1.167.76%
5357.TYotai Refractories Co., Ltd.1.67%$30.3125.15%
600312.SSHenan Pinggao Electric Co.,Ltd.1.67%$0.2934.28%
600933.SSIKD Co., Ltd.1.67%$0.3431.46%
603259.SSWuXi AppTec Co., Ltd.1.67%$1.5231.50%
688580.SSNanjing Vishee Medical Technology Co., Ltd1.67%$0.8161.33%
8359.TThe Hachijuni Bank, Ltd.1.67%$28.2722.23%
9597.SRLeaf Global Environmental Services Co.1.67%$0.5625.93%
BBMD.JKPT Bank Mestika Dharma Tbk1.67%$34.2540.25%
ELN.MIEL.En. S.p.A.1.67%$0.2325.56%
HARB-B.COHarboes Bryggeri A/S1.67%$2.0018.85%
HARVIA.HEHarvia Oyj1.67%$0.7256.92%
NORBT.OLNorbit ASA1.67%$2.9950.40%
002240.KSKiswire Ltd.1.66%$350.6518.13%
011780.KSKumho Petrochemical Co., Ltd.1.66%$1,950.8219.35%
0QI7.LAddtech AB (publ.)1.66%$3.2043.14%
1346.HKLever Style Corporation1.66%$0.0247.86%
1789.HKAK Medical Holdings Limited1.66%$0.1022.23%
273640.KQYM Tech Co., Ltd.1.66%$139.5629.02%
300039.SZShanghai Kaibao Pharmaceutical CO.,Ltd1.66%$0.1030.28%
603231.SSSolbar Ningbo Protein Technology Co., Ltd.1.66%$0.3032.96%
688575.SSShenzhen YHLO Biotech Co., Ltd.1.66%$0.2493.71%
AKBNK.ISAkbank T.A.S.1.66%$1.2213.20%
TFIITFI International Inc.1.66%$1.7745.37%
002124.SZTech-Bank Food Co., Ltd.1.65%$0.0526.60%
002978.SZSichuan Anning Iron and Titanium Co.,Ltd.1.65%$0.5431.99%
009470.KSSamwha Electric Co.,Ltd.1.65%$500.1426.53%
009900.KSMyoung Shin Industrial Co.,Ltd1.65%$149.459.10%
0743.HKAsia Cement (China) Holdings Corporation1.65%$0.0425.13%
0HDQ.LSynergie SE1.65%$0.509.05%
1308.HKSITC International Holdings Company Limited1.65%$0.4666.51%
2273.HKGushengtang Holdings Limited1.65%$0.4819.04%
300750.SZContemporary Amperex Technology Co., Limited1.65%$6.0743.20%
300856.SZNanjing COSMOS Chemical Co., Ltd.1.65%$0.2283.60%
300932.SZSanyou Corporation Limited1.65%$0.2084.47%
323410.KSKakaoBank Corp.1.65%$360.2837.33%
5101.TThe Yokohama Rubber Co., Ltd.1.65%$99.2824.61%
601228.SSGuangzhou Port Company Limited1.65%$0.0545.08%
603193.SSRunben Biotechnology1.65%$0.4052.98%
603312.SSSuzhou W Deane New Power Elec1.65%$0.7741.51%
9542.SRKeir International Co.1.65%$0.0723.35%
CEVI.STCellaVision AB (publ)1.65%$2.5039.38%
SIISprott Inc.1.65%$1.6761.40%
ZUE.WAZUE S.A.1.65%$0.2151.75%
2758.TWOLouisa Professional Coffee Ltd.1.64%$1.5047.97%