Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ilyda S.A. (ILYDA.AT)

Company Dividend Discount ModelIndustry: Software - ApplicationSector: Technology

Valuation Snapshot

Stable Growth$9.38 - $23.92$14.16
Multi-Stage$6.34 - $6.93$6.63
Blended Fair Value$10.40
Current Price$2.88
Upside261.04%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.010.010.000.000.000.000.000.000.000.00
YoY Growth--4.47%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.74%1.07%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5.60
(-) Cash Dividends Paid (M)0.26
(=) Cash Retained (M)5.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1.120.700.42
Cash Retained (M)5.345.345.34
(-) Cash Required (M)-1.12-0.70-0.42
(=) Excess Retained (M)4.224.644.92
(/) Shares Outstanding (M)13.5713.5713.57
(=) Excess Retained per Share0.310.340.36
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.310.340.36
(=) Adjusted Dividend0.330.360.38
WACC / Discount Rate9.22%9.22%9.22%
Growth Rate5.50%6.50%7.50%
Fair Value$9.38$14.16$23.92
Upside / Downside225.56%391.82%730.73%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5.605.966.356.777.217.677.90
Payout Ratio4.60%21.68%38.76%55.84%72.92%90.00%92.50%
Projected Dividends (M)0.261.292.463.785.256.917.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.22%9.22%9.22%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1.171.181.20
Year 2 PV (M)2.032.062.10
Year 3 PV (M)2.822.902.98
Year 4 PV (M)3.563.693.83
Year 5 PV (M)4.244.444.66
PV of Terminal Value (M)72.2175.7079.32
Equity Value (M)86.0289.9894.09
Shares Outstanding (M)13.5713.5713.57
Fair Value$6.34$6.63$6.93
Upside / Downside120.13%130.26%140.77%

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