Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Travel + Leisure Co. (TNL)

Company Dividend Discount ModelIndustry: Travel ServicesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$32.02 - $43.82$38.00
Multi-Stage$54.40 - $59.63$56.96
Blended Fair Value$47.48
Current Price$59.49
Upside-20.19%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-3.07%-2.29%2.102.012.001.612.042.462.873.583.302.99
YoY Growth--4.41%0.74%23.85%-21.01%-16.87%-14.43%-19.83%8.52%10.40%12.85%
Dividend Yield--4.54%4.20%5.09%2.78%3.34%11.32%6.96%6.93%8.67%8.66%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)411.00
(-) Cash Dividends Paid (M)226.00
(=) Cash Retained (M)185.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)82.2051.3830.83
Cash Retained (M)185.00185.00185.00
(-) Cash Required (M)-82.20-51.38-30.83
(=) Excess Retained (M)102.80133.63154.18
(/) Shares Outstanding (M)67.6067.6067.60
(=) Excess Retained per Share1.521.982.28
LTM Dividend per Share3.343.343.34
(+) Excess Retained per Share1.521.982.28
(=) Adjusted Dividend4.865.325.62
WACC / Discount Rate10.25%10.25%10.25%
Growth Rate-4.29%-3.29%-2.29%
Fair Value$32.02$38.00$43.82
Upside / Downside-46.18%-36.13%-26.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)411.00397.48384.41371.77359.54347.71358.14
Payout Ratio54.99%61.99%68.99%76.00%83.00%90.00%92.50%
Projected Dividends (M)226.00246.40265.21282.52298.41312.94331.28

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.25%10.25%10.25%
Growth Rate-4.29%-3.29%-2.29%
Year 1 PV (M)221.18223.49225.80
Year 2 PV (M)213.70218.18222.72
Year 3 PV (M)204.34210.81217.42
Year 4 PV (M)193.74201.96210.44
Year 5 PV (M)182.37192.10202.24
PV of Terminal Value (M)2,662.222,804.232,952.24
Equity Value (M)3,677.543,850.784,030.86
Shares Outstanding (M)67.6067.6067.60
Fair Value$54.40$56.96$59.63
Upside / Downside-8.55%-4.25%0.23%

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%