Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Essential Utilities, Inc. (WTRG)

Company Dividend Discount ModelIndustry: Regulated WaterSector: Utilities

Valuation Snapshot

Stable Growth$102.19 - $477.39$227.65
Multi-Stage$55.07 - $60.18$57.58
Blended Fair Value$142.61
Current Price$37.14
Upside283.99%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.94%11.94%1.241.141.040.930.840.680.540.510.470.44
YoY Growth--9.34%9.76%11.59%11.21%23.37%25.06%7.16%7.44%7.98%8.15%
Dividend Yield--3.15%3.09%2.37%1.82%1.87%1.66%1.50%1.48%1.46%1.37%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)668.45
(-) Cash Dividends Paid (M)366.25
(=) Cash Retained (M)302.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)133.6983.5650.13
Cash Retained (M)302.20302.20302.20
(-) Cash Required (M)-133.69-83.56-50.13
(=) Excess Retained (M)168.51218.64252.06
(/) Shares Outstanding (M)278.47278.47278.47
(=) Excess Retained per Share0.610.790.91
LTM Dividend per Share1.321.321.32
(+) Excess Retained per Share0.610.790.91
(=) Adjusted Dividend1.922.102.22
WACC / Discount Rate7.48%7.48%7.48%
Growth Rate5.50%6.50%7.50%
Fair Value$102.19$227.65$477.39
Upside / Downside175.14%512.94%1,185.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)668.45711.90758.17807.45859.94915.83943.31
Payout Ratio54.79%61.83%68.87%75.92%82.96%90.00%92.50%
Projected Dividends (M)366.25440.19522.19612.99713.39824.25872.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.48%7.48%7.48%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)405.70409.54413.39
Year 2 PV (M)443.56452.01460.54
Year 3 PV (M)479.90493.67507.71
Year 4 PV (M)514.74534.53554.89
Year 5 PV (M)548.13574.60602.09
PV of Terminal Value (M)12,944.4613,569.6814,218.83
Equity Value (M)15,336.4816,034.0516,757.46
Shares Outstanding (M)278.47278.47278.47
Fair Value$55.07$57.58$60.18
Upside / Downside48.29%55.03%62.03%

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%