Definitive Analysis
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

Shell plc (L3H.F)

Company Dividend Discount ModelIndustry: Oil & Gas IntegratedSector: Energy

Valuation Snapshot

Stable Growth$23.23 - $32.63$27.90
Multi-Stage$62.67 - $69.13$65.83
Blended Fair Value$46.86
Current Price$70.99
Upside-33.98%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-10.62%-0.85%2.302.221.961.661.974.034.152.882.562.48
YoY Growth--3.28%13.34%18.42%-15.77%-51.15%-3.04%44.11%12.40%3.28%-0.78%
Dividend Yield--3.12%3.21%3.41%3.02%5.02%11.63%6.55%4.54%4.87%5.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)14,599.04
(-) Cash Dividends Paid (M)8,504.10
(=) Cash Retained (M)6,094.93
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,919.811,824.881,094.93
Cash Retained (M)6,094.936,094.936,094.93
(-) Cash Required (M)-2,919.81-1,824.88-1,094.93
(=) Excess Retained (M)3,175.134,270.055,000.01
(/) Shares Outstanding (M)3,775.193,775.193,775.19
(=) Excess Retained per Share0.841.131.32
LTM Dividend per Share2.252.252.25
(+) Excess Retained per Share0.841.131.32
(=) Adjusted Dividend3.093.383.58
WACC / Discount Rate6.76%6.76%6.76%
Growth Rate-5.79%-4.79%-3.79%
Fair Value$23.23$27.90$32.63
Upside / Downside-67.28%-60.70%-54.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)14,599.0413,899.9413,234.3112,600.5711,997.1711,422.6611,765.34
Payout Ratio58.25%64.60%70.95%77.30%83.65%90.00%92.50%
Projected Dividends (M)8,504.108,979.489,389.849,740.2910,035.6610,280.3910,882.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.76%6.76%6.76%
Growth Rate-5.79%-4.79%-3.79%
Year 1 PV (M)8,322.618,410.958,499.29
Year 2 PV (M)8,066.308,238.448,412.41
Year 3 PV (M)7,755.268,004.848,259.72
Year 4 PV (M)7,405.907,725.388,055.09
Year 5 PV (M)7,031.547,412.727,810.26
PV of Terminal Value (M)197,997.53208,731.15219,925.30
Equity Value (M)236,579.14248,523.49260,962.08
Shares Outstanding (M)3,775.193,775.193,775.19
Fair Value$62.67$65.83$69.13
Upside / Downside-11.72%-7.27%-2.63%

High-Yield Dividend Screener

« Prev Page 9 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ATLOAmes National Corporation3.84%$0.8748.60%
FRMEFirst Merchants Corporation3.83%$1.4435.39%
PCARPACCAR Inc3.83%$4.2783.66%
0HJO.LAvalonBay Communities, Inc.3.82%$6.8684.26%
FEFirstEnergy Corp.3.82%$1.7375.49%
LXFRLuxfer Holdings PLC3.81%$0.5298.38%
LCIILCI Industries3.80%$4.7264.48%
NENNew England Realty Associates Limited Partnership3.78%$2.4473.23%
PAYXPaychex, Inc.3.78%$4.1091.97%
RGCORGC Resources, Inc.3.78%$0.8163.02%
UBSIUnited Bankshares, Inc.3.78%$1.4548.05%
SLVMSylvamo Corporation3.77%$1.8041.11%
CACCamden National Corporation3.75%$1.6147.99%
ARCHArch Resources, Inc.3.74%$5.0450.87%
USBU.S. Bancorp3.74%$2.0243.68%
WSRWhitestone REIT3.74%$0.5260.32%
FDBCFidelity D & D Bancorp, Inc.3.73%$1.6135.71%
WNCWabash National Corporation3.73%$0.335.38%
VLYValley National Bancorp3.72%$0.4347.26%
GHLDGuild Holdings Company3.71%$0.7436.91%
FNFFidelity National Financial, Inc.3.69%$2.0046.79%
IPARInter Parfums, Inc.3.68%$3.1561.47%
WSBFWaterstone Financial, Inc.3.68%$0.6145.57%
AROWArrow Financial Corporation3.66%$1.1554.67%
ASIXAdvanSix Inc.3.66%$0.6332.72%
ASRVAmeriServ Financial, Inc.3.66%$0.1278.81%
CVGWCalavo Growers, Inc.3.66%$0.8071.92%
OXYOccidental Petroleum Corporation3.65%$1.5575.62%
FMAOFarmers & Merchants Bancorp, Inc.3.64%$0.8937.59%
LNKBLINKBANCORP, Inc.3.64%$0.3029.21%
BHRBBurke & Herbert Bank & Trust Company3.63%$2.2431.71%
EOGEOG Resources, Inc.3.63%$3.9038.34%
FITBFifth Third Bancorp3.61%$1.7247.89%
LNCLincoln National Corporation3.61%$1.6314.98%
MCBSMetroCity Bankshares, Inc.3.61%$0.9536.60%
OZKBank OZK3.61%$1.7026.69%
PCBPCB Bancorp3.61%$0.7831.72%
SFDSMITHFIELD FOODS INC3.60%$0.8036.46%
0HOB.LH&R Block, Inc.3.59%$1.5433.12%
ASBAssociated Banc-Corp3.59%$0.9287.56%
PLOWDouglas Dynamics, Inc.3.59%$1.1866.47%
EXCExelon Corporation3.58%$1.5756.50%
MCMoelis & Company3.58%$2.5585.89%
TIPTTiptree Inc.3.57%$0.6449.10%
BPRNPrinceton Bancorp, Inc.3.56%$1.2046.56%
EVRGEvergy, Inc.3.56%$2.6071.71%
CZFSCitizens Financial Services, Inc.3.55%$1.9727.82%
CNO-PACNO Financial Group, Inc. 5.1253.54%$0.6722.53%
NBTBNBT Bancorp Inc.3.54%$1.4746.30%
0JQQ.LArcher-Daniels-Midland Company3.53%$2.0382.76%