Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

MSA Safety Incorporated (MSA)

Company Dividend Discount ModelIndustry: Security & Protection ServicesSector: Industrials

Valuation Snapshot

Stable Growth$144.60 - $336.36$211.98
Multi-Stage$151.03 - $165.52$158.14
Blended Fair Value$185.06
Current Price$172.07
Upside7.55%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.38%5.61%2.001.861.811.741.691.611.451.331.241.20
YoY Growth--7.18%2.79%4.25%2.95%4.81%10.96%8.97%7.06%3.58%3.94%
Dividend Yield--1.36%0.98%1.36%1.31%1.13%1.59%1.39%1.60%1.76%2.49%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)279.94
(-) Cash Dividends Paid (M)81.72
(=) Cash Retained (M)198.22
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)55.9934.9921.00
Cash Retained (M)198.22198.22198.22
(-) Cash Required (M)-55.99-34.99-21.00
(=) Excess Retained (M)142.23163.23177.23
(/) Shares Outstanding (M)39.4339.4339.43
(=) Excess Retained per Share3.614.144.49
LTM Dividend per Share2.072.072.07
(+) Excess Retained per Share3.614.144.49
(=) Adjusted Dividend5.686.216.57
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate3.22%4.22%5.22%
Fair Value$144.60$211.98$336.36
Upside / Downside-15.96%23.19%95.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)279.94291.75304.06316.89330.27344.20354.53
Payout Ratio29.19%41.35%53.51%65.68%77.84%90.00%92.50%
Projected Dividends (M)81.72120.65162.72208.12257.07309.78327.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate3.22%4.22%5.22%
Year 1 PV (M)111.39112.47113.54
Year 2 PV (M)138.70141.40144.12
Year 3 PV (M)163.78168.59173.49
Year 4 PV (M)186.78194.12201.68
Year 5 PV (M)207.80218.06228.73
PV of Terminal Value (M)5,146.525,400.695,664.81
Equity Value (M)5,954.966,235.336,526.38
Shares Outstanding (M)39.4339.4339.43
Fair Value$151.03$158.14$165.52
Upside / Downside-12.23%-8.09%-3.80%

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%