Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Adecco Group AG (0QNM.L)

Company Dividend Discount ModelIndustry: Staffing & Employment ServicesSector: Industrials

Valuation Snapshot

Stable Growth$17.55 - $28.16$22.35
Multi-Stage$32.65 - $35.84$34.22
Blended Fair Value$28.28
Current Price$25.23
Upside12.10%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.71%4.03%2.572.512.432.172.272.142.082.222.212.07
YoY Growth--2.37%3.18%12.05%-4.20%5.83%2.86%-6.42%0.54%6.90%19.59%
Dividend Yield--9.30%7.08%7.28%5.28%3.94%5.95%4.31%3.85%3.33%3.62%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)280.00
(-) Cash Dividends Paid (M)176.00
(=) Cash Retained (M)104.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)56.0035.0021.00
Cash Retained (M)104.00104.00104.00
(-) Cash Required (M)-56.00-35.00-21.00
(=) Excess Retained (M)48.0069.0083.00
(/) Shares Outstanding (M)168.18168.18168.18
(=) Excess Retained per Share0.290.410.49
LTM Dividend per Share1.051.051.05
(+) Excess Retained per Share0.290.410.49
(=) Adjusted Dividend1.331.461.54
WACC / Discount Rate7.02%7.02%7.02%
Growth Rate-0.53%0.47%1.47%
Fair Value$17.55$22.35$28.16
Upside / Downside-30.45%-11.43%11.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)280.00281.31282.63283.95285.28286.62295.21
Payout Ratio62.86%68.29%73.71%79.14%84.57%90.00%92.50%
Projected Dividends (M)176.00192.10208.34224.73241.27257.95273.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.02%7.02%7.02%
Growth Rate-0.53%0.47%1.47%
Year 1 PV (M)177.71179.50181.29
Year 2 PV (M)178.31181.91185.55
Year 3 PV (M)177.93183.35188.88
Year 4 PV (M)176.73183.94191.37
Year 5 PV (M)174.80183.77193.10
PV of Terminal Value (M)4,606.084,842.325,088.15
Equity Value (M)5,491.565,754.796,028.34
Shares Outstanding (M)168.18168.18168.18
Fair Value$32.65$34.22$35.84
Upside / Downside29.42%35.62%42.07%

High-Yield Dividend Screener

« Prev Page 84 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
WIIT.MIWiit S.p.A.1.49%$0.3078.75%
010130.KSKorea Zinc Company, Ltd.1.48%$19,110.0186.56%
0R3I.LScatec ASA1.48%$1.0919.46%
2445.KLKuala Lumpur Kepong Berhad1.48%$0.2939.87%
264900.KSCrown Confectionery Co., Ltd.1.48%$130.059.54%
300627.SZShanghai Huace Navigation Technology Ltd1.48%$0.5241.90%
4FY.FGrupo Financiero Inbursa, S.A.B. de C.V.1.48%$0.030.78%
601633.SSGreat Wall Motor Company Limited1.48%$0.3426.17%
605499.SSEastroc Beverage (Group) Co.,Ltd.1.48%$3.9546.92%
CHEMM.COChemoMetec A/S1.48%$10.0053.93%
LPC.VLorne Park Capital Partners Inc.1.48%$0.0358.11%
ROVI.MCLaboratorios Farmaceuticos Rovi, S.A.1.48%$0.9439.48%
002627.SZHubei Three Gorges Tourism Group Co., Ltd.1.47%$0.1183.03%
4917.TMandom Corporation1.47%$40.0189.41%
600908.SSWuxi Rural Commercial Bank Co.,Ltd1.47%$0.098.24%
603128.SSCTS International Logistics Corporation Limited1.47%$0.0931.49%
603192.SSShanghai Huide Science & Technology Co.,Ltd1.47%$0.3942.81%
605155.SSZhejiang Xidamen New Material Co.,Ltd.1.47%$0.2538.23%
6824.TNew Cosmos Electric Co.,Ltd.1.47%$60.0521.02%
MT.ASArcelorMittal S.A.1.47%$0.5917.37%
000120.KSCJ Logistics Corporation1.46%$1,384.1811.62%
001319.SZWinstech Precision Holding Co., Ltd.1.46%$0.4042.15%
002430.SZHangzhou Oxygen Plant Group Co.,Ltd.1.46%$0.4442.21%
088790.KSJindo.Co., Ltd.1.46%$29.4117.12%
138A.THikari Food Service Co Ltd1.46%$39.9330.85%
195870.KSHAESUNG DS Co., Ltd.1.46%$800.1451.39%
600475.SSWuxi Huaguang Environment & Energy Group Co.,Ltd.1.46%$0.2745.95%
603896.SSZhejiang Shouxiangu Pharmaceutical Co., Ltd.1.46%$0.2842.25%
6517.TDenyo Co., Ltd.1.46%$52.3621.56%
688269.SSKaili Catalyst & New Materials Co.,Ltd.1.46%$0.5868.32%
688777.SSZhejiang Supcon Technology Co., Ltd.1.46%$0.7268.29%
ALU10.PAU10 Corp1.46%$0.0261.68%
DESPDespegar.com, Corp.1.46%$0.2885.32%
DGI9.LDigital 9 Infrastructure PLC1.46%$0.0918.97%
FALABELLA.SNFalabella S.A.1.46%$88.3625.66%
052400.KQKona I Co.,Ltd.1.45%$683.7225.31%
138040.KSMeritz Financial Group Inc.1.45%$1,617.8612.25%
300708.SZFocus Lightings Tech Co., Ltd.1.45%$0.1349.25%
3056.TWFu Hua Innovation Co. Ltd.1.45%$0.265.02%
601116.SSSanjiang Shopping Club Co.,Ltd1.45%$0.2080.56%
603089.SSADD Industry (Zhejiang) Co. Ltd.1.45%$0.1828.19%
9523.SRGroup Five Pipe Saudi Ltd.1.45%$0.508.57%
BBIK.BKBluebik Group Public Company Limited1.45%$0.2213.18%
EXO.ASExor N.V.1.45%$1.051.36%
PNVL3.SADimed S.A. Distribuidora de Medicamentos1.45%$0.1823.28%
SIGSignet Jewelers Limited1.45%$1.2535.52%
URB-A.CNUrbana Corporation1.45%$0.135.63%
002242.SZJoyoung Co.,Ltd1.44%$0.1577.40%
009070.KSKCTC Co. Ltd1.44%$88.4912.75%
012320.KSKyungdong Invest Co., Ltd1.44%$760.237.07%