Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

NewMarket Corporation (NEU)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$1,055.16 - $2,709.16$1,597.30
Multi-Stage$1,182.57 - $1,297.56$1,238.98
Blended Fair Value$1,418.14
Current Price$828.21
Upside71.23%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.26%4.91%10.148.998.919.088.828.648.518.768.027.48
YoY Growth--12.78%0.91%-1.92%2.99%2.13%1.53%-2.94%9.31%7.16%19.13%
Dividend Yield--1.79%1.42%2.44%2.80%2.32%2.26%1.98%2.18%1.77%1.89%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)448.20
(-) Cash Dividends Paid (M)101.68
(=) Cash Retained (M)346.52
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)89.6456.0333.62
Cash Retained (M)346.52346.52346.52
(-) Cash Required (M)-89.64-56.03-33.62
(=) Excess Retained (M)256.88290.49312.90
(/) Shares Outstanding (M)9.469.469.46
(=) Excess Retained per Share27.1630.7233.08
LTM Dividend per Share10.7510.7510.75
(+) Excess Retained per Share27.1630.7233.08
(=) Adjusted Dividend37.9141.4743.84
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate2.91%3.91%4.91%
Fair Value$1,055.16$1,597.30$2,709.16
Upside / Downside27.40%92.86%227.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)448.20465.71483.91502.81522.46542.87559.16
Payout Ratio22.69%36.15%49.61%63.07%76.54%90.00%92.50%
Projected Dividends (M)101.68168.35240.08317.15399.87488.58517.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate2.91%3.91%4.91%
Year 1 PV (M)156.40157.92159.44
Year 2 PV (M)207.20211.25215.34
Year 3 PV (M)254.29261.78269.41
Year 4 PV (M)297.87309.62321.71
Year 5 PV (M)338.11354.86372.27
PV of Terminal Value (M)9,930.4710,422.4310,933.71
Equity Value (M)11,184.3511,717.8712,271.88
Shares Outstanding (M)9.469.469.46
Fair Value$1,182.57$1,238.98$1,297.56
Upside / Downside42.79%49.60%56.67%

High-Yield Dividend Screener

« Prev Page 96 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0053.HKGuoco Group Limited1.06%$0.7324.48%
0QRA.LBufab AB (publ)1.06%$1.0533.67%
1478.HKQ Technology (Group) Company Limited1.06%$0.0916.75%
300547.SZSichuan Chuanhuan Technology Co.,Ltd.1.06%$0.4246.91%
3605.TWACES Electronics Co., Ltd.1.06%$0.6716.60%
600862.SSAVIC Aviation High-Technology Co., Ltd.1.06%$0.2533.36%
600895.SSShanghai Zhangjiang Hi-Tech Park Development Co., Ltd.1.06%$0.4766.35%
601989.SSChina Shipbuilding Industry Company Limited1.06%$0.0548.46%
603823.SSLily Group Co., Ltd.1.06%$0.1639.52%
603856.SSShandong Donghong Pipe Industry Co., Ltd.1.06%$0.1321.43%
603909.SSHolsin Engineering Consulting Group Co.,Ltd.1.06%$0.1228.69%
688015.SSTraffic Control Technology Co., Ltd.1.06%$0.2432.90%
SPLTN.STInvestment AB Spiltan1.06%$2.197.20%
002452.SZChanggao Electric Group Co., Ltd.1.05%$0.0919.43%
002632.SZDaoming Optics&Chemical Co.,Ltd1.05%$0.1339.58%
002864.SZShaanxi Panlong Pharmaceutical Group Limited By Share Ltd1.05%$0.3228.23%
006800.KSMirae Asset Securities Co. Ltd.1.05%$257.6512.18%
090430.KSAmorepacific Corporation1.05%$1,336.4358.38%
1230.HKYashili International Holdings Ltd1.05%$0.0130.51%
136490.KSSunjin Co.,Ltd.1.05%$100.043.41%
300543.SZShenzhen Longood Intelligent Electric Co.,LTD1.05%$0.1299.57%
301580.SZAidite Qinhuangdao Technology Co Ltd1.05%$0.4727.41%
484870.KSMNC Solution Co., Ltd.1.05%$1,480.2735.83%
603017.SSARTS Group Co., Ltd1.05%$0.1279.10%
603067.SSHubei Zhenhua Chemical Co.,Ltd.1.05%$0.3031.09%
603358.SSHuada Automotive Technology Corp.,Ltd1.05%$0.5359.33%
603929.SSL&K Engineering (Suzhou) Co.,Ltd.1.05%$1.0033.37%
BRIS.JKPT Bank Syariah Indonesia Tbk1.05%$22.7814.07%
EREGL.ISEregli Demir ve Çelik Fabrikalari T.A.S.1.05%$0.2633.82%
TECKTeck Resources Limited1.05%$0.5119.75%
002957.SZShenzhen Colibri Technologies Co., Ltd.1.04%$0.2242.63%
006280.KSGC Biopharma Corp.1.04%$1,649.8533.43%
0N08.LPanoro Energy ASA1.04%$0.2168.53%
3733.TSoftware Service, Inc.1.04%$140.0111.99%
4307.TNomura Research Institute, Ltd.1.04%$62.8935.46%
600100.SSTsinghua Tongfang Co.,Ltd.1.04%$0.0978.90%
600863.SSInner Mongolia MengDian HuaNeng Thermal Power Corporation Limited1.04%$0.0514.74%
603989.SSHunan Aihua Group Co., Ltd1.04%$0.1731.43%
605118.SSXiamen Leading Optics Co., Ltd.1.04%$0.3146.29%
6720.TWOMajor-Power Technology Co., Ltd.1.04%$1.2720.76%
6808.HKSun Art Retail Group Limited1.04%$0.0242.72%
SSC.BKSermsuk Public Company Limited1.04%$0.5234.17%
000779.SZGansu Engineering Consulting Group Co., Ltd.1.03%$0.0818.98%
0A0H.ILBeijer Ref AB (publ)1.03%$1.3828.57%
103590.KSIljin Electric Co.,Ltd1.03%$600.4233.30%
2614.TWEastern Media International Corporation1.03%$0.2311.71%
2GB.DE2G Energy AG1.03%$0.3715.61%
300888.SZWinner Medical Co., Ltd.1.03%$0.3925.98%
301149.SZShandong Longhua New Material Co., Ltd.1.03%$0.1134.91%
319660.KQPSK Inc.1.03%$400.0014.97%