Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tortoise Essential Energy Fund (TPZ)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$31.19 - $46.55$38.50
Multi-Stage$61.61 - $67.63$64.56
Blended Fair Value$51.53
Current Price$15.45
Upside233.51%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017
DPS-5.69%0.00%1.291.260.701.211.721.721.720.000.000.00
YoY Growth--2.35%79.38%-41.93%-30.01%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--9.48%9.23%5.43%12.08%11.08%10.05%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)22.97
(-) Cash Dividends Paid (M)15.57
(=) Cash Retained (M)7.41
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.592.871.72
Cash Retained (M)7.417.417.41
(-) Cash Required (M)-4.59-2.87-1.72
(=) Excess Retained (M)2.814.535.68
(/) Shares Outstanding (M)6.056.056.05
(=) Excess Retained per Share0.470.750.94
LTM Dividend per Share2.582.582.58
(+) Excess Retained per Share0.470.750.94
(=) Adjusted Dividend3.043.333.52
WACC / Discount Rate7.55%7.55%7.55%
Growth Rate-2.00%-1.00%0.00%
Fair Value$31.19$38.50$46.55
Upside / Downside101.90%149.16%201.29%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)22.9722.7422.5222.2922.0721.8522.50
Payout Ratio67.76%72.21%76.66%81.10%85.55%90.00%92.50%
Projected Dividends (M)15.5716.4217.2618.0818.8819.6620.82

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.55%7.55%7.55%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)15.1215.2715.42
Year 2 PV (M)14.6214.9215.23
Year 3 PV (M)14.1014.5314.98
Year 4 PV (M)13.5514.1114.69
Year 5 PV (M)12.9913.6614.37
PV of Terminal Value (M)302.04317.77334.15
Equity Value (M)372.41390.27408.83
Shares Outstanding (M)6.056.056.05
Fair Value$61.61$64.56$67.63
Upside / Downside298.74%317.86%337.73%

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%