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Allient Inc. (ALNT)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$26.24 - $69.61$40.13
Multi-Stage$17.62 - $19.27$18.43
Blended Fair Value$29.28
Current Price$36.31
Upside-19.37%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS11.11%8.79%0.120.110.090.080.070.070.060.060.060.06
YoY Growth--8.49%18.88%12.04%18.19%-0.85%8.43%12.51%1.80%2.06%8.21%
Dividend Yield--0.54%0.32%0.24%0.28%0.14%0.30%0.19%0.15%0.28%0.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)18.66
(-) Cash Dividends Paid (M)1.48
(=) Cash Retained (M)17.19
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.732.331.40
Cash Retained (M)17.1917.1917.19
(-) Cash Required (M)-3.73-2.33-1.40
(=) Excess Retained (M)13.4614.8615.79
(/) Shares Outstanding (M)16.6816.6816.68
(=) Excess Retained per Share0.810.890.95
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.810.890.95
(=) Adjusted Dividend0.890.981.03
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$26.24$40.13$69.61
Upside / Downside-27.73%10.51%91.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)18.6619.8821.1722.5524.0125.5726.34
Payout Ratio7.91%24.33%40.74%57.16%73.58%90.00%92.50%
Projected Dividends (M)1.484.848.6312.8917.6723.0124.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4.394.434.47
Year 2 PV (M)7.117.257.38
Year 3 PV (M)9.659.9210.21
Year 4 PV (M)12.0112.4712.95
Year 5 PV (M)14.2014.8915.60
PV of Terminal Value (M)246.59258.50270.87
Equity Value (M)293.95307.47321.48
Shares Outstanding (M)16.6816.6816.68
Fair Value$17.62$18.43$19.27
Upside / Downside-51.48%-49.25%-46.93%

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