Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Northrop Grumman Corporation (0K92.L)

Company Dividend Discount ModelIndustry: Industrial - Capital GoodsSector: Industrials

Valuation Snapshot

Stable Growth$2,209.44 - $5,445.86$5,102.96
Multi-Stage$1,233.86 - $1,353.94$1,292.77
Blended Fair Value$3,197.87
Current Price$609.32
Upside424.83%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.15%7.74%8.187.707.266.786.586.075.664.754.424.16
YoY Growth--6.27%6.08%7.02%3.15%8.30%7.19%19.16%7.66%6.14%7.10%
Dividend Yield--1.60%1.63%1.57%1.52%2.03%2.01%2.07%1.36%1.86%2.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,019.00
(-) Cash Dividends Paid (M)1,263.00
(=) Cash Retained (M)2,756.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)803.80502.38301.43
Cash Retained (M)2,756.002,756.002,756.00
(-) Cash Required (M)-803.80-502.38-301.43
(=) Excess Retained (M)1,952.202,253.632,454.58
(/) Shares Outstanding (M)144.93144.93144.93
(=) Excess Retained per Share13.4715.5516.94
LTM Dividend per Share8.718.718.71
(+) Excess Retained per Share13.4715.5516.94
(=) Adjusted Dividend22.1924.2725.65
WACC / Discount Rate5.20%5.20%5.20%
Growth Rate4.15%5.15%6.15%
Fair Value$2,209.44$5,102.96$5,445.86
Upside / Downside262.61%737.48%793.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,019.004,225.984,443.624,672.484,913.115,166.145,321.13
Payout Ratio31.43%43.14%54.86%66.57%78.29%90.00%92.50%
Projected Dividends (M)1,263.001,823.112,437.573,110.483,846.244,649.534,922.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.20%5.20%5.20%
Growth Rate4.15%5.15%6.15%
Year 1 PV (M)1,716.581,733.071,749.55
Year 2 PV (M)2,161.022,202.722,244.82
Year 3 PV (M)2,596.462,671.972,748.93
Year 4 PV (M)3,023.023,140.813,262.00
Year 5 PV (M)3,440.853,609.243,784.15
PV of Terminal Value (M)165,879.49173,997.37182,430.00
Equity Value (M)178,817.42187,355.17196,219.45
Shares Outstanding (M)144.93144.93144.93
Fair Value$1,233.86$1,292.77$1,353.94
Upside / Downside102.50%112.17%122.20%

High-Yield Dividend Screener

« Prev Page 87 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603809.SSChengdu Haoneng Technology Co., Ltd.1.36%$0.2048.76%
6762.TTDK Corporation1.36%$29.9838.24%
688112.SSSiglent Technologies Co. Ltd.1.36%$0.5161.60%
BMAX.STByggmax Group AB (publ)1.36%$0.7525.00%
MAFIA.BOMafia Trends Limited1.36%$0.106.08%
SOF.BRSofina S.A.1.36%$3.3513.13%
000526.SZXueda (Xiamen) Education Technology Group Co., Ltd.1.35%$0.5327.07%
000589.SZGuizhou Tyre Co.,Ltd.1.35%$0.0723.21%
002080.SZSinoma Science & Technology Co.,Ltd.1.35%$0.4946.74%
002154.SZBaoxiniao Holding Co., Ltd.1.35%$0.0524.04%
0NCA.LIVU Traffic Technologies AG1.35%$0.2836.18%
0Z4C.LSika AG1.35%$3.4522.59%
300664.SZPenyao Environmental Protection Co., Ltd.1.35%$0.0723.72%
300699.SZWeihai Guangwei Composites Co., Ltd.1.35%$0.5381.03%
4744.TWOCVC Technologies Inc.1.35%$0.4019.08%
5250.KL7-Eleven Malaysia Holdings Berhad1.35%$0.0399.62%
603129.SSZhejiang Cfmoto Power Co.,Ltd1.35%$3.7632.64%
605567.SSSpringsnow Food Group Co., Ltd.1.35%$0.1574.16%
9412.TSKY Perfect JSAT Holdings Inc.1.35%$26.9836.14%
EZ8.SGKoskisen Corp1.35%$0.1130.31%
NTT.WANTT System S.A.1.35%$0.159.49%
000623.SZJilin Aodong Pharmaceutical Group Co., Ltd.1.34%$0.2611.53%
002125.SZXiangtan Electrochemical Scientific Co.,Ltd1.34%$0.1952.47%
002286.SZBaolingbao Biology Co.,Ltd.1.34%$0.1230.68%
002649.SZBeyondsoft Corporation1.34%$0.1880.12%
002840.KSMiwon Commercial Co., Ltd.1.34%$2,019.6520.97%
003015.SZJiangsu Rijiu Optoelectronics Jointstock Co., Ltd1.34%$0.2163.51%
0ABX.LBarrick Gold Corporation1.34%$0.4024.89%
0RE6.LWalliser Kantonalbank1.34%$1.7915.93%
300200.SZBeijing Comens New Materials Co.,Ltd.1.34%$0.1646.96%
300693.SZShenzhen Sinexcel Electric Co.,Ltd.1.34%$0.5136.89%
600864.SSHarbin Hatou Investment Co.,Ltd1.34%$0.0929.81%
601375.SSCentral China Securities Co., Ltd.1.34%$0.0656.73%
603341.SSShanghai Longcheer Technology Co., Ltd.1.34%$0.5745.24%
BAFARB.MXGrupo Bafar, S.A.B. de C.V.1.34%$1.4720.49%
HEXT.NSHexaware Technologies Ltd1.34%$10.0844.61%
MALLPLAZA.SNPlaza S.A.1.34%$42.8714.38%
PLNW.PAPlanisware Promesses1.34%$0.3135.26%
RADL3.SARaia Drogasil S.A.1.34%$0.3240.62%
TWC.TOTWC Enterprises Limited1.34%$0.3322.94%
000758.SZChina Nonferrous Metal Industry's Foreign Engineering and Construction Co.,Ltd.1.33%$0.0933.17%
000788.SZPKU HealthCare Corp.,Ltd.1.33%$0.0833.62%
001395.SZYalian Machinery Co Ltd1.33%$0.5829.94%
002988.SZGuangdong Haomei New Material Co., Ltd.1.33%$0.4966.13%
0G1T.LWavestone S.A.1.33%$0.6912.69%
300387.SZHubei Forbon Technology Co.,Ltd.1.33%$0.1139.86%
5439.TWOFirst Hi-tec Enterprise Co., Ltd.1.33%$4.1077.78%
601827.SSChongqing Sanfeng Environment Group Corp., Ltd.1.33%$0.1114.96%
603739.SSQingdao Vland Biotech Inc.1.33%$0.1957.16%
6504.TFuji Electric Co., Ltd.1.33%$157.8227.92%