Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SW Umwelttechnik Stoiser & Wolschner AG (SWUT.VI)

Company Dividend Discount ModelIndustry: Industrial - Pollution & Treatment ControlsSector: Industrials

Valuation Snapshot

Stable Growth$143.43 - $250.81$189.25
Multi-Stage$189.37 - $207.62$198.32
Blended Fair Value$193.78
Current Price$34.00
Upside469.95%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS64.65%0.00%3.302.903.201.600.600.270.090.000.000.00
YoY Growth--13.82%-9.38%99.91%166.51%120.20%209.38%0.00%0.00%0.00%0.00%
Dividend Yield--9.32%7.18%7.80%4.19%1.43%0.85%0.87%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7.86
(-) Cash Dividends Paid (M)2.69
(=) Cash Retained (M)5.17
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1.570.980.59
Cash Retained (M)5.175.175.17
(-) Cash Required (M)-1.57-0.98-0.59
(=) Excess Retained (M)3.604.194.58
(/) Shares Outstanding (M)0.730.730.73
(=) Excess Retained per Share4.965.776.31
LTM Dividend per Share3.703.703.70
(+) Excess Retained per Share4.965.776.31
(=) Adjusted Dividend8.669.4710.01
WACC / Discount Rate7.83%7.83%7.83%
Growth Rate1.69%2.69%3.69%
Fair Value$143.43$189.25$250.81
Upside / Downside321.86%456.61%637.69%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7.868.078.298.518.748.989.24
Payout Ratio34.18%45.35%56.51%67.67%78.84%90.00%92.50%
Projected Dividends (M)2.693.664.685.766.898.088.55

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.83%7.83%7.83%
Growth Rate1.69%2.69%3.69%
Year 1 PV (M)3.363.393.43
Year 2 PV (M)3.954.034.11
Year 3 PV (M)4.464.594.73
Year 4 PV (M)4.905.105.30
Year 5 PV (M)5.285.545.82
PV of Terminal Value (M)115.54121.33127.35
Equity Value (M)137.48143.98150.73
Shares Outstanding (M)0.730.730.73
Fair Value$189.37$198.32$207.62
Upside / Downside456.97%483.30%510.63%

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