Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Novo Nordisk A/S (NOVC.DE)

Company Dividend Discount ModelIndustry: Medical - PharmaceuticalsSector: Healthcare

Valuation Snapshot

Stable Growth$1,618.23 - $4,215.70$3,950.73
Multi-Stage$606.13 - $663.14$634.11
Blended Fair Value$2,292.42
Current Price$681.33
Upside236.46%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS10.77%12.58%7.115.664.824.504.344.264.225.332.892.66
YoY Growth--25.55%17.60%6.94%3.67%1.90%1.08%-20.92%84.66%8.76%22.14%
Dividend Yield--1.04%1.04%1.29%2.06%2.10%2.46%2.83%4.45%1.63%1.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)94,721.00
(-) Cash Dividends Paid (M)44,140.00
(=) Cash Retained (M)50,581.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18,944.2011,840.137,104.08
Cash Retained (M)50,581.0050,581.0050,581.00
(-) Cash Required (M)-18,944.20-11,840.13-7,104.08
(=) Excess Retained (M)31,636.8038,740.8843,476.93
(/) Shares Outstanding (M)4,468.454,468.454,468.45
(=) Excess Retained per Share7.088.679.73
LTM Dividend per Share9.889.889.88
(+) Excess Retained per Share7.088.679.73
(=) Adjusted Dividend16.9618.5519.61
WACC / Discount Rate6.61%6.61%6.61%
Growth Rate5.50%6.50%7.50%
Fair Value$1,618.23$3,950.73$4,215.70
Upside / Downside137.51%479.86%518.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)94,721.00100,877.87107,434.93114,418.20121,855.38129,775.98133,669.26
Payout Ratio46.60%55.28%63.96%72.64%81.32%90.00%92.50%
Projected Dividends (M)44,140.0055,765.3068,715.3983,113.3899,092.80116,798.38123,644.06

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.61%6.61%6.61%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)51,818.7552,309.9252,801.09
Year 2 PV (M)59,333.4860,463.6261,604.41
Year 3 PV (M)66,686.7768,601.1170,551.74
Year 4 PV (M)73,881.1676,722.4279,644.86
Year 5 PV (M)80,919.1684,827.5888,885.59
PV of Terminal Value (M)2,375,813.862,490,566.552,609,711.11
Equity Value (M)2,708,453.172,833,491.202,963,198.80
Shares Outstanding (M)4,468.454,468.454,468.45
Fair Value$606.13$634.11$663.14
Upside / Downside-11.04%-6.93%-2.67%

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%