Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Pirelli & C. S.p.A. (PIRC.MI)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$4.85 - $7.62$6.12
Multi-Stage$7.79 - $8.55$8.16
Blended Fair Value$7.14
Current Price$5.79
Upside23.33%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.93%2.47%0.200.220.180.080.000.180.010.010.000.19
YoY Growth---8.29%20.21%131.93%0.00%-100.00%2,120.51%-34.34%520.65%-98.92%18.40%
Dividend Yield--3.66%3.87%3.93%1.59%0.00%5.57%0.14%0.17%0.03%2.87%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)496.17
(-) Cash Dividends Paid (M)256.35
(=) Cash Retained (M)239.82
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)99.2362.0237.21
Cash Retained (M)239.82239.82239.82
(-) Cash Required (M)-99.23-62.02-37.21
(=) Excess Retained (M)140.59177.80202.61
(/) Shares Outstanding (M)1,020.411,020.411,020.41
(=) Excess Retained per Share0.140.170.20
LTM Dividend per Share0.250.250.25
(+) Excess Retained per Share0.140.170.20
(=) Adjusted Dividend0.390.430.45
WACC / Discount Rate7.95%7.95%7.95%
Growth Rate-0.07%0.93%1.93%
Fair Value$4.85$6.12$7.62
Upside / Downside-16.26%5.69%31.59%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)496.17500.78505.44510.14514.89519.67535.26
Payout Ratio51.67%59.33%67.00%74.67%82.33%90.00%92.50%
Projected Dividends (M)256.35297.13338.64380.90423.92467.71495.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.95%7.95%7.95%
Growth Rate-0.07%0.93%1.93%
Year 1 PV (M)272.52275.25277.98
Year 2 PV (M)284.89290.62296.40
Year 3 PV (M)293.91302.82311.91
Year 4 PV (M)300.02312.21324.76
Year 5 PV (M)303.60319.09335.22
PV of Terminal Value (M)6,496.606,828.227,173.26
Equity Value (M)7,951.528,328.218,719.53
Shares Outstanding (M)1,020.411,020.411,020.41
Fair Value$7.79$8.16$8.55
Upside / Downside34.58%40.96%47.58%

High-Yield Dividend Screener

« Prev Page 103 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300408.SZChaozhou Three-Circle (Group) Co.,Ltd.0.83%$0.3828.62%
3484.TTenpo Innovation CO.,LTD.0.83%$9.9713.59%
353200.KSDAEDUCK ELECTRONICS Co., Ltd.0.83%$400.2878.17%
357780.KQSoulbrain Co., Ltd.0.83%$2,325.5726.44%
600163.SSZhongmin Energy Co., Ltd.0.83%$0.0414.96%
603297.SSNingbo Yongxin Optics Co.,Ltd0.83%$0.8744.04%
603344.SSCinderson Tech (Suzhou) Co., Ltd.0.83%$0.3131.21%
603755.SSQingdao Richen Foods Co., Ltd.0.83%$0.3040.12%
605123.SSWuxi Paike New Materials Technology Co.,Ltd.0.83%$0.8640.88%
6624.TWOEver-Clear Environmental Eng. Corp.0.83%$0.5443.67%
GYL.OLGyldendal ASA0.83%$3.925.79%
HHGCHHG Capital Corporation0.83%$0.0931.96%
000425.SZXCMG Construction Machinery Co., Ltd.0.82%$0.1016.53%
0522.HKASMPT Limited0.82%$0.6778.47%
300439.SZMedicalsystem Biotechnology Co., Ltd.0.82%$0.0832.74%
300634.SZRichinfo Technology Co., Ltd.0.82%$0.2140.12%
300703.SZCre8 Direct (NingBo) Co., Ltd.0.82%$0.2028.25%
300871.SZHvsen Biotechnology Co., Ltd.0.82%$0.1715.92%
5285.KLSime Darby Plantation Berhad0.82%$0.0511.78%
600038.SSAvicopter Plc0.82%$0.3042.43%
600097.SSShanghai Kaichuang Marine International Co., Ltd.0.82%$0.0921.30%
600584.SSJCET Group Co., Ltd.0.82%$0.3036.16%
600787.SSCMST Development Co.,Ltd.0.82%$0.0521.59%
688510.SSWuxi Hyatech Co.,Ltd.0.82%$0.2251.21%
ALLHB.PALes Hôtels Baverez S.A.0.82%$0.6015.34%
AONAon plc0.82%$2.8322.49%
IAR-B.STIAR Systems Group AB (publ)0.82%$1.4726.71%
000738.SZAecc Aero-Engine Control Co.,Ltd.0.81%$0.1743.46%
000833.SZGuangxi Yuegui Guangye Holdings Co., Ltd.0.81%$0.1625.49%
002889.SZShenzhen Easttop Supply Chain Management Co., Ltd.0.81%$0.1230.64%
002979.SZChina Leadshine Technology Co., Ltd.0.81%$0.3449.51%
300037.SZShenzhen Capchem Technology Co., Ltd.0.81%$0.4232.43%
300444.SZBeijing SOJO Electric Co., Ltd.0.81%$0.0869.59%
300918.SZShandong Nanshan Zhishang Sci-Tech Co.,Ltd.0.81%$0.1541.07%
603022.SSShanghai Xintonglian Packaging Co., Ltd.0.81%$0.0831.63%
603166.SSGUILIN FUDA Co.,Ltd.0.81%$0.1327.96%
688689.SSChangzhou Galaxy Century Microelectronics Co.,Ltd.0.81%$0.2340.07%
688786.SSJiangxi Yuean Advanced Materials Co.,Ltd.0.81%$0.2343.35%
KIJA.JKPT Kawasan Industri Jababeka Tbk0.81%$1.6922.92%
VTRUVitru Limited0.81%$0.074.55%
002156.SZTongfu Microelectronics Co.,Ltd0.80%$0.3046.36%
002950.SZAllmed Medical Products Co., Ltd0.80%$0.0911.97%
003960.KSSajodaerim Corporation0.80%$295.033.88%
0DWV.LcBrain A/S0.80%$0.9015.53%
2536.HKPalasino Holdings Limited0.80%$0.0258.64%
300855.SZJiangsu ToLand Alloy Co.,Ltd0.80%$0.2677.09%
3867.KLMalaysian Pacific Industries Berhad0.80%$0.2528.08%
600635.SSShanghai Dazhong Public Utilities(Group) Co.,Ltd.0.80%$0.0526.60%
603366.SSSolareast Holdings Co., Ltd.0.80%$0.0834.34%
603798.SSQingdao Copton Technology Company Limited0.80%$0.1364.02%