Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

FirstEnergy Corp. (FE)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$38.11 - $75.59$52.80
Multi-Stage$51.67 - $56.58$54.08
Blended Fair Value$53.44
Current Price$45.82
Upside16.63%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.57%4.85%1.681.571.541.471.461.411.231.111.061.05
YoY Growth--7.06%1.68%4.95%0.47%3.81%14.49%11.27%4.58%0.66%0.50%
Dividend Yield--4.15%4.08%3.85%3.20%4.21%3.51%2.97%3.25%3.32%2.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,330.00
(-) Cash Dividends Paid (M)1,004.00
(=) Cash Retained (M)326.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)266.00166.2599.75
Cash Retained (M)326.00326.00326.00
(-) Cash Required (M)-266.00-166.25-99.75
(=) Excess Retained (M)60.00159.75226.25
(/) Shares Outstanding (M)578.15578.15578.15
(=) Excess Retained per Share0.100.280.39
LTM Dividend per Share1.741.741.74
(+) Excess Retained per Share0.100.280.39
(=) Adjusted Dividend1.842.012.13
WACC / Discount Rate7.00%7.00%7.00%
Growth Rate2.07%3.07%4.07%
Fair Value$38.11$52.80$75.59
Upside / Downside-16.83%15.23%64.98%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,330.001,370.851,412.961,456.361,501.091,547.201,593.61
Payout Ratio75.49%78.39%81.29%84.20%87.10%90.00%92.50%
Projected Dividends (M)1,004.001,074.621,148.641,226.191,307.421,392.481,474.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.00%7.00%7.00%
Growth Rate2.07%3.07%4.07%
Year 1 PV (M)994.571,004.311,014.06
Year 2 PV (M)983.871,003.251,022.81
Year 3 PV (M)972.051,000.911,030.32
Year 4 PV (M)959.24997.381,036.66
Year 5 PV (M)945.54992.771,041.87
PV of Terminal Value (M)25,017.5626,267.3027,566.50
Equity Value (M)29,872.8331,265.9232,712.21
Shares Outstanding (M)578.15578.15578.15
Fair Value$51.67$54.08$56.58
Upside / Downside12.77%18.02%23.48%

High-Yield Dividend Screener

« Prev Page 88 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
6516.TSanyo Denki Co., Ltd.1.33%$55.6526.20%
688100.SSWillfar Information Technology Co., Ltd.1.33%$0.5237.34%
688289.SSSansure Biotech Inc.1.33%$0.2566.12%
EPRO-B.STElectrolux Professional AB (publ)1.33%$0.8536.36%
002768.SZQingdao Gon Technology Co., Ltd.1.32%$0.7022.17%
002879.SZChang Lan Electric Technology Co.,Ltd.1.32%$0.2573.81%
300286.SZAcrel Co.,Ltd.1.32%$0.3036.95%
300684.SZJones Tech PLC1.32%$0.6560.38%
300976.SZDongguan Tarry Electronics Co.,Ltd1.32%$0.7935.98%
600489.SSZhongjin Gold Corp.,Ltd1.32%$0.3133.93%
600686.SSXiamen King Long Motor Group Co., Ltd.1.32%$0.2351.04%
603829.SSJiangsu Luokai Mechanical &Electrical Co., Ltd .1.32%$0.2941.39%
6055.HKChina Tobacco International (HK) Company Limited1.32%$0.4719.10%
6449.TWApaq Technology Co., Ltd.1.32%$2.2939.61%
688093.SSSuzhou Shihua New Material Technology Co., Ltd.1.32%$0.4933.88%
ASPO.HEAspo Oyj1.32%$0.0914.38%
NA9.DENagarro SE1.32%$1.0025.87%
002353.SZYantai Jereh Oilfield Services Group Co., Ltd.1.31%$0.9333.49%
002859.SZZhejiang Jiemei Electronic And Technology Co., Ltd.1.31%$0.3677.54%
002961.SZRuida Futures Co., Ltd.1.31%$0.3533.25%
003850.KSBoryung Corporation1.31%$122.5626.40%
158430.KQATON Inc.1.31%$84.5420.61%
601898.SSChina Coal Energy Company Limited1.31%$0.1616.91%
605018.SSChanghua Holding Group Co., Ltd.1.31%$0.1583.12%
6191.TAirTrip Corp.1.31%$9.9312.12%
9902.TNICHIDEN Corporation1.31%$33.4019.49%
NRCA.JKPT Nusa Raya Cipta Tbk1.31%$21.8434.93%
000370.KSHanwha General Insurance Co., Ltd.1.30%$71.584.70%
000559.SZWanxiang Qianchao Co.,Ltd.1.30%$0.2274.64%
1530.HK3SBio Inc.1.30%$0.3219.42%
2982.TA.D.Works Group Co.,Ltd.1.30%$5.4811.64%
300088.SZWuhu Token Sciences Co., Ltd.1.30%$0.0855.80%
300677.SZIntco Medical Technology Co., Ltd.1.30%$0.5118.70%
600737.SSCofco Sugar Holding CO.,LTD.1.30%$0.2235.03%
603387.SSGetein Biotech, Inc1.30%$0.1126.34%
603444.SSG-bits Network Technology (Xiamen) Co., Ltd.1.30%$5.5026.28%
603617.SSJunhe Pumps Holding Co., Ltd1.30%$0.1079.26%
603915.SSJiangsu Guomao Reducer Co., Ltd.1.30%$0.2458.27%
605580.SSHengsheng Energy Co., Ltd1.30%$0.2967.76%
688550.SSXi'an Manareco New Materials Co.,Ltd1.30%$0.5929.38%
9302.TMITSUI-SOKO HOLDINGS Co., Ltd.1.30%$48.6437.22%
9519.SRBanan Real Estate Company1.30%$0.0932.44%
ASAI3.SASendas Distribuidora S.A.1.30%$0.0913.94%
BBLD.JKPT Buana Finance Tbk1.30%$12.0039.59%
S58.SISATS Ltd.1.30%$0.0528.81%
000927.SZChina Railway Materials Company Limited1.29%$0.0342.86%
001229.SZGuangdong AVCiT Technology Holding Co., Ltd.1.29%$0.5682.58%
001283.SZShenzhen Highpower Technology Co., Ltd.1.29%$0.9039.06%
0R43.LNP3 Fastigheter AB (publ)1.29%$3.3117.30%
192820.KSCosmax, Inc.1.29%$2,299.1252.32%