Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Granite Construction Incorporated (GVA)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$87.00 - $244.02$135.30
Multi-Stage$77.91 - $85.41$81.59
Blended Fair Value$108.44
Current Price$109.65
Upside-1.10%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-1.27%1.16%0.450.450.460.470.470.480.440.410.410.40
YoY Growth--0.01%-1.98%-2.24%0.39%-2.48%8.44%8.40%0.60%0.58%0.62%
Dividend Yield--0.60%0.80%1.12%1.44%1.17%3.17%0.99%0.73%0.81%0.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)182.46
(-) Cash Dividends Paid (M)22.71
(=) Cash Retained (M)159.74
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36.4922.8113.68
Cash Retained (M)159.74159.74159.74
(-) Cash Required (M)-36.49-22.81-13.68
(=) Excess Retained (M)123.25136.94146.06
(/) Shares Outstanding (M)50.5050.5050.50
(=) Excess Retained per Share2.442.712.89
LTM Dividend per Share0.450.450.45
(+) Excess Retained per Share2.442.712.89
(=) Adjusted Dividend2.893.163.34
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate3.82%4.82%5.82%
Fair Value$87.00$135.30$244.02
Upside / Downside-20.66%23.39%122.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)182.46191.26200.48210.16220.29230.92237.85
Payout Ratio12.45%27.96%43.47%58.98%74.49%90.00%92.50%
Projected Dividends (M)22.7153.4787.15123.95164.10207.83220.01

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.27%7.27%7.27%
Growth Rate3.82%4.82%5.82%
Year 1 PV (M)49.3749.8550.32
Year 2 PV (M)74.2975.7377.18
Year 3 PV (M)97.56100.41103.31
Year 4 PV (M)119.26123.92128.71
Year 5 PV (M)139.45146.30153.41
PV of Terminal Value (M)3,454.473,624.073,800.26
Equity Value (M)3,934.404,120.274,313.20
Shares Outstanding (M)50.5050.5050.50
Fair Value$77.91$81.59$85.41
Upside / Downside-28.95%-25.59%-22.11%

High-Yield Dividend Screener

« Prev Page 95 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
9753.TIX Knowledge Incorporated1.10%$14.889.61%
AVT-B.STAVTECH Sweden AB (publ)1.10%$0.1032.56%
CDA.AXCodan Limited1.10%$0.3231.38%
IDNTT.MIId-Entity Sa1.10%$0.0311.47%
KGP.LKingspan Group plc1.10%$0.8012.81%
SHUL3.SASchulz S.A.1.10%$0.3144.56%
UPR.IRUniphar plc1.10%$0.049.04%
ZEEL.BOZee Entertainment Enterprises Limited1.10%$1.0016.79%
001250.KSGS Global Corp.1.09%$25.084.73%
002429.SZShenzhen MTC Co., Ltd.1.09%$0.0829.88%
002953.SZGuangdong Rifeng Electric Cable Co., Ltd.1.09%$0.1232.59%
300319.SZShenzhen Microgate Technology Co., Ltd.1.09%$0.1333.08%
300674.SZYusys Technologies Co., Ltd.1.09%$0.2646.66%
300783.SZThree Squirrels Inc.1.09%$0.2544.60%
4091.TNippon Sanso Holdings Corporation1.09%$51.0120.63%
600707.SSCaihong Display Devices Co.,Ltd.1.09%$0.0764.77%
601890.SSAsian Star Anchor Chain Co., Ltd. Jiangsu1.09%$0.1135.99%
6259.TWOBull Will Co., Ltd.1.09%$0.2054.01%
6503.TMitsubishi Electric Corporation1.09%$50.1726.33%
6803.TTeac Corporation1.09%$1.0113.81%
9119.TIino Kaiun Kaisha, Ltd.1.09%$15.5011.01%
SKAN.SWSKAN Group AG1.09%$0.5826.70%
SWID.JKPT Saraswanti Indoland Development Tbk1.09%$1.4921.40%
003610.KSPangrim Co., Ltd.1.08%$61.3781.78%
1SXP.FSCHOTT Pharma AG & Co. KGaA1.08%$0.1616.41%
4464.TSOFT99corporation1.08%$43.4331.92%
600547.SSShandong Gold Mining Co., Ltd.1.08%$0.4239.93%
600796.SSZhejiang Qianjiang Biochemical Co., Ltd1.08%$0.0731.17%
601888.SSChina Tourism Group Duty Free Corporation Limited1.08%$1.0261.99%
605005.SSCWB Automotive Electronics Co., Ltd.1.08%$0.2137.31%
605305.SSFicont Industry (Beijing) Co., Ltd.1.08%$0.4518.57%
CLEO.JKPT Sariguna Primatirta Tbk1.08%$5.0213.26%
LAGR-B.STLagercrantz Group AB (publ)1.08%$2.1941.29%
TGLSTecnoglass Inc.1.08%$0.5614.58%
002008.SZHan's Laser Technology Industry Group Co., Ltd.1.07%$0.4440.28%
002202.SZGoldwind Science&Technology Co., Ltd.1.07%$0.2234.44%
028260.KSSamsung C&T Corporation1.07%$2,611.0020.13%
300824.SZShenzhen Crastal Technology Co.,Ltd1.07%$0.1234.67%
300988.SZTianJin JinRong TianYu Precision Machinery Inc.1.07%$0.2433.20%
4063.TShin-Etsu Chemical Co., Ltd.1.07%$51.9920.10%
600106.SSChongqing road & bridge co.,ltd1.07%$0.0738.79%
603628.SSClenergy Technology Co., Ltd.1.07%$0.1443.21%
605333.SSKunshan Huguang Auto Harness Co.,Ltd.1.07%$0.3222.66%
688075.SSAssure Tech (Hangzhou) Co., Ltd.1.07%$0.4243.69%
ALKER.PAMedia-Maker S.p.A.1.07%$0.011.99%
HEM.STHemnet Group AB (publ)1.07%$1.7029.97%
JIM.LJarvis Securities plc1.07%$0.1268.74%
LIPR3.SAEletrobras Participações S.A. - Eletropar1.07%$0.3918.20%
LTIM.BOLTIMindtree Limited1.07%$64.9139.55%
002085.SZZhejiang Wanfeng Auto Wheel Co., Ltd.1.06%$0.1744.04%