Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DTE Energy Company JR SUB DB 2017 E (DTW)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$58.54 - $100.35$76.62
Multi-Stage$104.99 - $115.11$109.95
Blended Fair Value$93.29
Current Price$141.43
Upside-34.04%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.32%5.14%3.753.633.313.823.673.342.992.862.562.42
YoY Growth--3.19%9.78%-13.40%4.08%9.83%11.61%4.73%11.49%5.99%6.60%
Dividend Yield--2.71%3.28%3.02%2.89%3.24%4.14%2.84%3.22%2.95%3.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)968.01
(-) Cash Dividends Paid (M)844.00
(=) Cash Retained (M)124.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)193.60121.0072.60
Cash Retained (M)124.01124.01124.01
(-) Cash Required (M)-193.60-121.00-72.60
(=) Excess Retained (M)-69.593.0151.41
(/) Shares Outstanding (M)207.04207.04207.04
(=) Excess Retained per Share-0.340.010.25
LTM Dividend per Share4.084.084.08
(+) Excess Retained per Share-0.340.010.25
(=) Adjusted Dividend3.744.094.32
WACC / Discount Rate6.73%6.73%6.73%
Growth Rate0.32%1.32%2.32%
Fair Value$58.54$76.62$100.35
Upside / Downside-58.61%-45.82%-29.05%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)968.01980.77993.691,006.791,020.051,033.491,064.50
Payout Ratio87.19%87.75%88.31%88.88%89.44%90.00%92.50%
Projected Dividends (M)844.00860.64877.56894.79912.31930.15984.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.73%6.73%6.73%
Growth Rate0.32%1.32%2.32%
Year 1 PV (M)798.43806.39814.35
Year 2 PV (M)755.29770.42785.70
Year 3 PV (M)714.45736.02758.03
Year 4 PV (M)675.79703.14731.31
Year 5 PV (M)639.19671.69705.50
PV of Terminal Value (M)18,153.6819,076.7120,036.91
Equity Value (M)21,736.8222,764.3723,831.80
Shares Outstanding (M)207.04207.04207.04
Fair Value$104.99$109.95$115.11
Upside / Downside-25.77%-22.26%-18.61%

High-Yield Dividend Screener

« Prev Page 86 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
LTMC.MILottomatica Group S.p.A.1.41%$0.3155.88%
002064.SZHuafon Chemical Co., Ltd.1.40%$0.1545.82%
002203.SZZhe Jiang Hai Liang Co., Ltd1.40%$0.1852.28%
002357.SZSichuan Fulin Transportation Group Co., Ltd.1.40%$0.1525.09%
300105.SZYanTai LongYuan Power Technology Co., Ltd.1.40%$0.1064.82%
4005.SRNational Medical Care Company1.40%$2.0028.58%
600517.SSState Grid Yingda Co.,Ltd.1.40%$0.0820.41%
CCL-A.TOCCL Industries Inc.1.40%$1.2527.03%
CGAUCenterra Gold Inc.1.40%$0.2012.28%
MHKI.JKMulti Hanna Kreasindo Tbk.1.40%$2.9229.72%
ROVIO.HERovio Entertainment Oyj1.40%$0.1342.86%
000750.SZSealand Securities Co., Ltd.1.39%$0.0639.70%
011210.KSHYUNDAI WIA Corporation1.39%$1,101.7920.24%
2610.HKNanshan Aluminium Intrnatnl Holdings Ltd1.39%$0.6969.79%
272290.KQINNOX Advanced Materials Co.,Ltd.1.39%$328.809.47%
301158.SZDezhou United Petroleum Technology Co.,Ltd.1.39%$0.3135.01%
600777.SSShandong Xinchao Energy Corporation Limited1.39%$0.0521.18%
603393.SSXinjiang Xintai Natural Gas Co., Ltd.1.39%$0.3714.02%
CLAS-B.STClas Ohlson AB (publ)1.39%$4.2228.54%
GMG.AXGoodman Group1.39%$0.4354.37%
LASP.COLån & Spar Bank A/S1.39%$20.0415.86%
000061.SZShenzhen Agricultural Products Group Co., Ltd.1.38%$0.1471.88%
002536.SZFeilong Auto Components Co., Ltd.1.38%$0.4167.28%
002797.SZFirst Capital Securities Co., Ltd.1.38%$0.0938.51%
2172.HKMicroPort NeuroTech Limited1.38%$0.1621.06%
600549.SSXiamen Tungsten Co., Ltd.1.38%$0.5642.55%
603203.SSQuick Intelligent Equipment Co., Ltd.1.38%$0.5151.54%
688597.SSBeijing Yupont Electric Power Technology Co., Ltd.1.38%$0.1138.03%
9422.TConexio Corporation1.38%$26.3532.61%
FESTI.ICFesti hf.1.38%$4.4930.70%
FSIFlexible Solutions International, Inc.1.38%$0.0927.13%
OMED.JKPT Jayamas Medica Industri Tbk1.38%$2.8823.51%
RY4C.DERyanair Holdings plc1.38%$0.4118.55%
SELIC.BKSelic Corp Public Company Limited1.38%$0.0417.06%
TALF.JKPT Tunas Alfin Tbk1.38%$8.0038.14%
YRM.MIRosetti Marino S.p.A.1.38%$4.0036.08%
000795.SZInnuovo Technology Co., Ltd.1.37%$0.1461.81%
001268.SZGuangdong Yangshan United Precision Manufacturing Co., Ltd.1.37%$0.4964.59%
600196.SSShanghai Fosun Pharmaceutical (Group) Co., Ltd.1.37%$0.3629.17%
603707.SSNanjing King-Friend Biochemical Pharmaceutical Co., Ltd1.37%$0.1230.81%
605222.SSShanghai QiFan Cable Co., Ltd1.37%$0.2569.76%
6782.TWVisco Vision Inc.1.37%$2.3921.51%
LINLinde plc1.37%$5.8839.08%
RAY-B.STRaySearch Laboratories AB (publ)1.37%$3.0046.95%
SHAWGELTIN.BONarmada Gelatines Limited1.37%$5.0013.05%
006220.KSJeju Bank1.36%$156.0067.72%
2505.HKEDA Group Holdings Limited1.36%$0.028.61%
300207.SZSunwoda Electronic Co.,Ltd1.36%$0.3539.10%
300993.SZShandong Yuma Sun-shading Technology Corp., Ltd.1.36%$0.2035.95%
3794.KLMalayan Cement Berhad1.36%$0.1129.56%