Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Northrop Grumman Corporation (0K92.L)

Company Dividend Discount ModelIndustry: Industrial - Capital GoodsSector: Industrials

Valuation Snapshot

Stable Growth$907.55 - $4,987.22$1,650.39
Multi-Stage$718.71 - $787.48$752.45
Blended Fair Value$1,201.42
Current Price$609.32
Upside97.17%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.15%7.74%8.187.707.266.786.586.075.664.754.424.16
YoY Growth--6.27%6.08%7.02%3.15%8.30%7.19%19.16%7.66%6.14%7.10%
Dividend Yield--1.60%1.63%1.57%1.52%2.03%2.01%2.07%1.36%1.86%2.10%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,019.00
(-) Cash Dividends Paid (M)1,263.00
(=) Cash Retained (M)2,756.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)803.80502.38301.43
Cash Retained (M)2,756.002,756.002,756.00
(-) Cash Required (M)-803.80-502.38-301.43
(=) Excess Retained (M)1,952.202,253.632,454.58
(/) Shares Outstanding (M)144.93144.93144.93
(=) Excess Retained per Share13.4715.5516.94
LTM Dividend per Share8.718.718.71
(+) Excess Retained per Share13.4715.5516.94
(=) Adjusted Dividend22.1924.2725.65
WACC / Discount Rate6.70%6.70%6.70%
Growth Rate4.15%5.15%6.15%
Fair Value$907.55$1,650.39$4,987.22
Upside / Downside48.94%170.86%718.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,019.004,225.984,443.624,672.484,913.115,166.145,321.13
Payout Ratio31.43%43.14%54.86%66.57%78.29%90.00%92.50%
Projected Dividends (M)1,263.001,823.112,437.573,110.483,846.244,649.534,922.04

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.70%6.70%6.70%
Growth Rate4.15%5.15%6.15%
Year 1 PV (M)1,692.451,708.701,724.95
Year 2 PV (M)2,100.682,141.212,182.13
Year 3 PV (M)2,488.472,560.842,634.60
Year 4 PV (M)2,856.552,967.853,082.37
Year 5 PV (M)3,205.653,362.533,525.50
PV of Terminal Value (M)91,814.5596,307.81100,975.29
Equity Value (M)104,158.35109,048.95114,124.84
Shares Outstanding (M)144.93144.93144.93
Fair Value$718.71$752.45$787.48
Upside / Downside17.95%23.49%29.24%

High-Yield Dividend Screener

« Prev Page 94 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
AKVA.OLAKVA group ASA1.13%$1.0021.19%
CPCanadian Pacific Kansas City Ltd.1.13%$0.8418.03%
000698.SZShenyang Chemical Industry Co., Ltd.1.12%$0.0431.22%
000887.SZAnhui Zhongding Sealing Parts Co., Ltd.1.12%$0.2622.74%
002019.SZYifan Pharmaceutical Co., Ltd.1.12%$0.1339.99%
002489.SZYotrio Group Co., Ltd.1.12%$0.0414.30%
002545.SZQingdao East Steel Tower Stock Co.Ltd1.12%$0.2127.84%
002876.SZShenzhen Sunnypol Optoelectronics Co.,Ltd.1.12%$0.2796.20%
1133.HKHarbin Electric Company Limited1.12%$0.2013.64%
2081.SRAlkhorayef Water & Power Technologies1.12%$1.5020.25%
300014.SZEVE Energy Co., Ltd.1.12%$0.7443.77%
600452.SSChongqing Fuling Electric Power Industrial Co., Ltd.1.12%$0.1141.35%
600498.SSFiberhome Telecommunication Technologies Co., Ltd.1.12%$0.3651.86%
603290.SSStarPower Semiconductor Ltd.1.12%$1.0855.22%
603379.SSZhejiang Sanmei Chemical Industry Co., Ltd.1.12%$0.6823.00%
688077.SSEarth-Panda Advanced Magnetic Material Co.,Ltd.1.12%$0.3480.86%
688113.SSJiangsu Liance Electromechanical Technology Co., Ltd.1.12%$0.4427.68%
9697.TCapcom Co., Ltd.1.12%$40.8030.63%
JLJ-Long Group Limited1.12%$0.0710.02%
MREI.JKPT Maskapai Reasuransi Indonesia Tbk1.12%$13.567.63%
RRRP3.SA3R Petroleum Óleo e Gás S.A.1.12%$0.205.90%
RSGK.JKPT Kedoya Adyaraya Tbk1.12%$11.0030.42%
TKBP.SWThurgauer Kantonalbank1.12%$1.8211.49%
001203.SZInner Mongolia Dazhong Mining Co., Ltd.1.11%$0.3473.27%
002928.SZChina Express Airlines Co.,LTD1.11%$0.1226.84%
002971.SZHubei Heyuan Gas Co.,Ltd.1.11%$0.3396.40%
052690.KSKEPCO Engineering & Construction Company, Inc.1.11%$998.7236.59%
0QJY.LSchaffner Holding AG1.11%$5.5222.35%
0ROQ.LComet Holding AG1.11%$2.5034.42%
0Y4Q.LWillis Towers Watson Public Limited Company1.11%$3.5816.92%
600817.SSYutong Heavy Industries Co.,Ltd.1.11%$0.1323.44%
601127.SSSeres Group Co.,Ltd.1.11%$1.3530.47%
603228.SSShenzhen Kinwong Electronic Co., Ltd.1.11%$0.8162.37%
6742.KLYTL Power International Berhad1.11%$0.0413.90%
6920.TLasertec Corporation1.11%$328.9731.31%
FERGFerguson plc1.11%$2.4925.04%
FRAS3.SAFras-le S.A.1.11%$0.2720.45%
WTN.AXWinton Land Limited1.11%$0.032.57%
002559.SZJiangsu Yawei Machine Tool Co., Ltd.1.10%$0.1180.31%
002891.SZYantai China Pet Foods Co., Ltd.1.10%$0.5740.72%
002901.SZDouble Medical Technology Inc.1.10%$0.5239.26%
002922.SZEaglerise Electric & Electronic (China) Co., Ltd1.10%$0.3452.70%
012610.KSKyungin Synthetic Co., Ltd.1.10%$54.9429.75%
300735.SZDBG Technology Co., Ltd.1.10%$0.2764.53%
301135.SZGuangdong Real-Design Intelligent Technology Co., Ltd1.10%$0.3176.35%
5272.KLRanhill Utilities Berhad1.10%$0.0233.57%
600597.SSBright Dairy & Food Co.,Ltd1.10%$0.0917.78%
6445.TJANOME Corporation1.10%$12.7626.30%
688230.SSShanghai Prisemi Electronics Co.,Ltd.1.10%$0.8091.66%
688551.SSHefei Kewell Power System Co.,Ltd.1.10%$0.4168.90%