Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Artisan Partners Asset Management Inc. (APAM)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$59.85 - $113.95$81.64
Multi-Stage$54.61 - $59.37$56.94
Blended Fair Value$69.29
Current Price$43.40
Upside59.66%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.02%7.09%2.800.003.513.592.872.662.371.851.631.75
YoY Growth--0.00%-100.00%-2.26%25.34%7.88%12.16%28.06%13.55%-6.91%24.19%
Dividend Yield--7.15%0.00%10.98%9.13%5.49%12.36%9.16%5.56%5.90%5.67%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)265.23
(-) Cash Dividends Paid (M)259.73
(=) Cash Retained (M)5.50
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)53.0533.1519.89
Cash Retained (M)5.505.505.50
(-) Cash Required (M)-53.05-33.15-19.89
(=) Excess Retained (M)-47.55-27.65-14.39
(/) Shares Outstanding (M)70.8370.8370.83
(=) Excess Retained per Share-0.67-0.39-0.20
LTM Dividend per Share3.673.673.67
(+) Excess Retained per Share-0.67-0.39-0.20
(=) Adjusted Dividend3.003.283.46
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate4.83%5.83%6.83%
Fair Value$59.85$81.64$113.95
Upside / Downside37.90%88.12%162.57%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)265.23280.70297.07314.39332.73352.13362.69
Payout Ratio97.93%96.34%94.76%93.17%91.59%90.00%92.50%
Projected Dividends (M)259.73270.42281.49292.92304.73316.92335.49

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.08%10.08%10.08%
Growth Rate4.83%5.83%6.83%
Year 1 PV (M)243.34245.66247.98
Year 2 PV (M)227.93232.30236.71
Year 3 PV (M)213.43219.60225.88
Year 4 PV (M)199.80207.53215.49
Year 5 PV (M)186.98196.07205.51
PV of Terminal Value (M)2,795.972,931.903,073.05
Equity Value (M)3,867.454,033.064,204.63
Shares Outstanding (M)70.8370.8370.83
Fair Value$54.61$56.94$59.37
Upside / Downside25.82%31.21%36.79%

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%