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Seraphine Group PLC (BUMP.L)

Company Dividend Discount ModelIndustry: Apparel - RetailSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$14.43 - $21.53$17.81
Multi-Stage$28.72 - $31.51$30.09
Blended Fair Value$23.95
Current Price$0.31
Upside7,751.93%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2022202120202019
DPS0.00%0.00%0.000.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%0.00%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)282.57
(-) Cash Dividends Paid (M)214.94
(=) Cash Retained (M)67.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)56.5135.3221.19
Cash Retained (M)67.6367.6367.63
(-) Cash Required (M)-56.51-35.32-21.19
(=) Excess Retained (M)11.1232.3146.44
(/) Shares Outstanding (M)160.60160.60160.60
(=) Excess Retained per Share0.070.200.29
LTM Dividend per Share1.341.341.34
(+) Excess Retained per Share0.070.200.29
(=) Adjusted Dividend1.411.541.63
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate-2.00%-1.00%0.00%
Fair Value$14.43$17.81$21.53
Upside / Downside4,631.33%5,738.48%6,959.21%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)282.57279.75276.95274.18271.44268.72276.79
Payout Ratio76.06%78.85%81.64%84.43%87.21%90.00%92.50%
Projected Dividends (M)214.94220.59226.10231.48236.73241.85256.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.56%7.56%7.56%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)203.01205.08207.15
Year 2 PV (M)191.51195.44199.40
Year 3 PV (M)180.44186.02191.72
Year 4 PV (M)169.83176.87184.13
Year 5 PV (M)159.69168.00176.66
PV of Terminal Value (M)3,707.863,900.944,101.98
Equity Value (M)4,612.354,832.365,061.04
Shares Outstanding (M)160.60160.60160.60
Fair Value$28.72$30.09$31.51
Upside / Downside9,316.22%9,765.38%10,232.25%

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