Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Thales S.A. (0IW5.L)

Company Dividend Discount ModelIndustry: Aerospace & DefenseSector: Industrials

Valuation Snapshot

Stable Growth$196.91 - $443.70$285.55
Multi-Stage$236.76 - $259.23$247.79
Blended Fair Value$266.67
Current Price$249.60
Upside6.84%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.87%11.30%3.433.072.732.020.412.241.851.691.441.13
YoY Growth--11.79%12.48%35.11%390.01%-81.62%21.20%9.52%17.55%26.84%-3.62%
Dividend Yield--2.47%2.29%2.29%2.70%0.55%2.42%1.81%1.85%1.56%1.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,075.40
(-) Cash Dividends Paid (M)1,459.60
(=) Cash Retained (M)615.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)415.08259.43155.66
Cash Retained (M)615.80615.80615.80
(-) Cash Required (M)-415.08-259.43-155.66
(=) Excess Retained (M)200.72356.38460.15
(/) Shares Outstanding (M)206.53206.53206.53
(=) Excess Retained per Share0.971.732.23
LTM Dividend per Share7.077.077.07
(+) Excess Retained per Share0.971.732.23
(=) Adjusted Dividend8.048.799.30
WACC / Discount Rate6.91%6.91%6.91%
Growth Rate2.72%3.72%4.72%
Fair Value$196.91$285.55$443.70
Upside / Downside-21.11%14.40%77.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,075.402,152.612,232.702,315.762,401.922,491.282,566.02
Payout Ratio70.33%74.26%78.20%82.13%86.07%90.00%92.50%
Projected Dividends (M)1,459.601,598.591,745.911,901.972,067.232,242.152,373.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.91%6.91%6.91%
Growth Rate2.72%3.72%4.72%
Year 1 PV (M)1,480.791,495.211,509.63
Year 2 PV (M)1,498.081,527.391,556.99
Year 3 PV (M)1,511.731,556.311,601.77
Year 4 PV (M)1,522.011,582.151,644.05
Year 5 PV (M)1,529.151,605.051,683.93
PV of Terminal Value (M)41,356.3343,408.9645,542.30
Equity Value (M)48,898.1051,175.0753,538.66
Shares Outstanding (M)206.53206.53206.53
Fair Value$236.76$247.79$259.23
Upside / Downside-5.14%-0.73%3.86%

High-Yield Dividend Screener

« Prev Page 97 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3706.TWMiTAC Holdings Corporation1.03%$0.9320.99%
601231.SSUniversal Scientific Industrial (Shanghai) Co., Ltd.1.03%$0.3142.44%
603029.SSShandong Swan CottonIndustrial Machinery Stock Co.,Ltd.1.03%$0.1928.04%
6719.TWuPI Semiconductor Corp.1.03%$1.9395.83%
8869.KLPress Metal Aluminium Holdings Berhad1.03%$0.0733.32%
BBarrick Mining Corporation1.03%$0.4521.51%
ELHA.ATElvalhalcor Hellenic Copper and Aluminium Industry S.A.1.03%$0.0411.81%
000548.SZHunan Investment Group Co., Ltd.1.02%$0.0659.94%
000969.SZAdvanced Technology & Materials Co., Ltd.1.02%$0.2171.26%
002730.SZDianguang Explosion-proof Technology Co., Ltd.1.02%$0.1558.37%
104830.KQWONIK Materials Co.,Ltd.1.02%$349.9412.91%
1439.TWAscent Development Co Ltd1.02%$0.3010.76%
1523.HKPlover Bay Technologies Limited1.02%$0.0692.02%
251270.KSNetmarble Corporation1.02%$502.9938.36%
301606.SZUgreen Group Ltd1.02%$0.6040.99%
600523.SSGuizhou Guihang Automotive Components Co.,Ltd1.02%$0.1636.20%
600986.SSZhewen Interactive Group Co., Ltd.1.02%$0.0892.78%
603004.SSZhejiang Dragon Technology Co., Ltd.1.02%$0.2431.73%
603041.SSJiangsu Maysta Chemical Co., Ltd.1.02%$0.1270.45%
603239.SSZhejiang Xiantong Rubber&Plastic Co.,Ltd1.02%$0.2129.27%
603301.SSZhende Medical Co., Ltd.1.02%$0.7268.19%
8476.HKOcean One Holding Ltd.1.02%$0.0426.91%
9168.TRise Consulting Group, Inc.1.02%$8.6914.15%
9570.SRTam Development Co.1.02%$0.927.62%
GTXGarrett Motion Inc.1.02%$0.1811.04%
NAVNETEDUL.BONavneet Education Limited1.02%$1.5115.58%
002294.SZShenzhen Salubris Pharmaceuticals Co., Ltd.1.01%$0.5082.89%
002423.SZCOFCO Capital Holdings Co., Ltd.1.01%$0.1228.45%
002965.SZLucky Harvest Co., Ltd.1.01%$0.4143.96%
086900.KQMedy-Tox Inc.1.01%$1,238.7136.92%
300771.SZShenzhen Zhilai Sci and Tech Co., Ltd.1.01%$0.1649.28%
7733.TOlympus Corporation1.01%$19.9620.09%
ALPOU.PAPoulaillon S.A.1.01%$0.063.34%
ELG.DEElmos Semiconductor SE1.01%$1.0013.84%
IIA.VIImmofinanz AG1.01%$0.1717.54%
000922.SZHarbin Electric Corporation Jiamusi Electric Machine CO.,Ltd1.00%$0.1438.72%
002611.SZGuangdong Dongfang Precision Science & Technology Co., Ltd.1.00%$0.1933.91%
003001.SZZhongyan Technology Co., Ltd.1.00%$0.2071.99%
064760.KQTokai Carbon Korea Co., Ltd.1.00%$1,458.9923.09%
0ROY.LDavide Campari-Milano N.V.1.00%$0.1229.93%
1696.HKSisram Medical Ltd1.00%$0.0445.32%
300662.SZBeijing Career International Co., Ltd.1.00%$0.2517.33%
603950.SSXiangyang Changyuandonggu Industry Co., Ltd.1.00%$0.2926.83%
688087.SSShandong Intco Recycling Resources Co., Ltd.1.00%$0.3116.87%
9546.SRNaba Alsaha Medical Services Company1.00%$0.508.66%
BELL.JKPT Trisula Textile Industries Tbk1.00%$0.6981.83%
EPEN.STEpendion AB1.00%$1.1226.30%
IATR.ATAthens Medical C.S.A.1.00%$0.0258.56%
002801.SZHangzhou Weiguang Electronic Co.,Ltd.0.99%$0.3528.52%
003090.KSDaewoong Co., Ltd.0.99%$211.1210.55%