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 98 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
004960.KSHANSHIN Engineering & Construction Co., Ltd.0.99%$100.058.61%
0142.HKFirst Pacific Company Limited0.99%$0.0621.99%
053580.KQWebCash Corporation0.99%$100.0312.70%
603786.SSKEBODA TECHNOLOGY Co., Ltd.0.99%$0.7738.42%
688768.SSAnhui Ronds Science & Technology Incorporated Company0.99%$0.4328.76%
AVAX.ATAvax S.A.0.99%$0.037.13%
BERNER-B.STBerner Industrier AB0.99%$0.9430.06%
EGEEN.ISEge Endüstri ve Ticaret A.S.0.99%$79.8687.03%
EHL.AXEmeco Holdings Limited0.99%$0.015.08%
GOR.AXGold Road Resources Limited0.99%$0.0312.12%
MMXMaverix Metals Inc.0.99%$0.0559.73%
002396.SZFujian Star-net Communication Co., Ltd.0.98%$0.3035.77%
002925.SZXiamen Intretech Inc.0.98%$0.1743.09%
0QQO.LSiegfried Holding AG0.98%$0.7311.31%
1887.TJDC Corporation0.98%$5.2731.58%
300217.SZZhenjiang Dongfang Electric Heating Technology Co.,Ltd0.98%$0.0539.47%
301186.SZNantong Chaoda Equipment Co.,Ltd.0.98%$0.4732.02%
3939.HKWanguo Gold Group Limited0.98%$0.0824.54%
600754.SSShanghai Jin Jiang International Hotels Co., Ltd.0.98%$0.2547.67%
603040.SSHangzhou XZB Tech Co.,Ltd0.98%$0.9047.18%
6325.TTakakita Co., Ltd.0.98%$3.939.53%
6533.TOrchestra Holdings Inc.0.98%$10.9757.68%
688379.SSHangzhou Huaguang Advanced Welding Materials Co., Ltd.0.98%$0.5429.37%
ASBI.JKPT Asuransi Bintang Tbk0.98%$4.146.24%
HRTA.JKPT Hartadinata Abadi Tbk0.98%$21.0013.51%
000880.KSHanwha Corporation0.97%$784.545.80%
002075.SZJiangsu Shagang Co., Ltd.0.97%$0.0642.29%
002802.SZWuxi Honghui New Materials Technology Co., Ltd.0.97%$0.1246.80%
003036.SZZhejiang Taitan Co.,Ltd.0.97%$0.1564.74%
300660.SZJiangsu Leili Motor Co., Ltd0.97%$0.5353.08%
300679.SZElectric Connector Technology Co., Ltd.0.97%$0.4737.04%
5842.TIntegral Corporation0.97%$32.3610.57%
605277.SSXinya Electronic Co., Ltd.0.97%$0.2132.11%
688357.SSLuoyang Jianlong Micro-nano New Material Co., Ltd0.97%$0.3240.56%
688789.SSHangzhou Honghua Digital Technology Stock Company Ltd.0.97%$0.7928.66%
BACHOCOB.MXIndustrias Bachoco, S.A.B. de C.V.0.97%$0.8212.87%
0QLJ.LVillars Holding S.A.0.96%$5.4812.43%
1610.HKCOFCO Joycome Foods Limited0.96%$0.025.81%
2155.HKMorimatsu International Holdings Company Limited0.96%$0.097.40%
300033.SZHithink RoyalFlush Information Network Co., Ltd.0.96%$3.1070.07%
300817.SZZhejiang Sf Oilless Bearing Co.,Ltd.0.96%$0.2069.08%
3267.TPhil Company,Inc.0.96%$10.0316.38%
3324.TWOAuras Technology Co., Ltd.0.96%$9.5842.78%
5601.TWOTaiwan Allied Container Terminal Corp.0.96%$0.3588.75%
601028.SSShandong Yulong Gold Co., Ltd.0.96%$0.1225.84%
603031.SSAnhui Anfu Battery Technology Co., Ltd.0.96%$0.4350.13%
605011.SSHangzhou Cogeneration Group Co., Ltd.0.96%$0.2041.95%
6215.TWAurotek Corporation0.96%$0.9957.18%
6532.TBayCurrent Consulting, Inc.0.96%$62.1326.99%
6781.TWAdvanced Energy Solution Holding Co., Ltd.0.96%$12.4933.60%