Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Santos Brasil Participações S.A. (STBP3.SA)

Company Dividend Discount ModelIndustry: Marine ShippingSector: Industrials

Valuation Snapshot

Stable Growth$26.31 - $91.72$43.43
Multi-Stage$17.80 - $19.41$18.59
Blended Fair Value$31.01
Current Price$13.83
Upside124.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS198.28%18.85%0.770.360.760.120.010.000.000.000.000.06
YoY Growth--114.95%-52.59%525.90%796.93%312.72%36.98%0.00%-100.00%-92.20%-54.07%
Dividend Yield--5.81%3.35%12.10%2.21%0.29%0.11%0.09%0.00%0.32%6.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)814.29
(-) Cash Dividends Paid (M)637.65
(=) Cash Retained (M)176.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)162.86101.7961.07
Cash Retained (M)176.64176.64176.64
(-) Cash Required (M)-162.86-101.79-61.07
(=) Excess Retained (M)13.7874.85115.56
(/) Shares Outstanding (M)864.55864.55864.55
(=) Excess Retained per Share0.020.090.13
LTM Dividend per Share0.740.740.74
(+) Excess Retained per Share0.020.090.13
(=) Adjusted Dividend0.750.820.87
WACC / Discount Rate8.52%8.52%8.52%
Growth Rate5.50%6.50%7.50%
Fair Value$26.31$43.43$91.72
Upside / Downside90.26%214.00%563.19%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)814.29867.22923.59983.621,047.551,115.651,149.11
Payout Ratio78.31%80.65%82.98%85.32%87.66%90.00%92.50%
Projected Dividends (M)637.65699.38766.44839.26918.301,004.081,062.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.52%8.52%8.52%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)638.41644.46650.52
Year 2 PV (M)638.64650.80663.08
Year 3 PV (M)638.35656.68675.35
Year 4 PV (M)637.59662.11687.33
Year 5 PV (M)636.37667.11699.02
PV of Terminal Value (M)12,201.7212,791.0713,402.97
Equity Value (M)15,391.0816,072.2216,778.26
Shares Outstanding (M)864.55864.55864.55
Fair Value$17.80$18.59$19.41
Upside / Downside28.72%34.42%40.32%

High-Yield Dividend Screener

« Prev Page 105 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688006.SSZhejiang HangKe Technology Incorporated Company0.77%$0.2340.60%
688106.SSSuzhou Jinhong Gas Co.,Ltd.0.77%$0.1567.86%
688665.SSCubic Sensor and Instrument Co., Ltd0.77%$0.3823.98%
7187.TJ-Lease Co.,Ltd.0.77%$11.208.80%
9879.HKMigao Group Holdings Limited0.77%$0.069.90%
AERAerCap Holdings N.V.0.77%$1.125.14%
BKL.AXBlackmores Limited0.77%$0.7337.39%
BORRBorr Drilling Limited0.77%$0.0312.72%
NTHOL.ISNet Holding A.S.0.77%$0.386.82%
OSWOneSpaWorld Holdings Limited0.77%$0.1622.40%
PAP.ATPapoutsanis S.A.0.77%$0.0313.39%
002444.SZHangzhou Greatstar Industrial Co., Ltd0.76%$0.2612.20%
002821.SZAsymchem Laboratories (Tianjin) Co., Ltd.0.76%$0.7124.14%
300174.SZFujian Yuanli Active Carbon Co.,Ltd.0.76%$0.1217.32%
300739.SZSunshine Global Circuits Co.,Ltd.0.76%$0.1496.29%
5457.TWOSpeed Tech Corp.0.76%$0.3212.63%
600223.SSLushang Freda Pharmaceutical Co., Ltd. Class A0.76%$0.0626.50%
600305.SSJiangsu Hengshun Vinegar-Industry Co.,Ltd0.76%$0.0644.11%
601689.SSNingbo Tuopu Group Co.,Ltd.0.76%$0.5937.35%
603276.SSJiangsu Hengxing New Material0.76%$0.1363.62%
603602.SSHangzhou Freely Communication Co., Ltd.0.76%$0.1187.04%
6037.TRakumachi,inc.0.76%$8.2614.70%
688518.SSShenzhen United Winners Laser Co., Ltd.0.76%$0.1935.43%
BIR-PA.TOBirchcliff Energy Ltd.0.76%$0.1970.83%
BNTBrookfield Wealth Solutions Ltd.0.76%$0.358.16%
GOTL-A.STRederiaktiebolaget Gotland (publ)0.76%$20.3159.62%
002700.KSShinil Electronics Co.,Ltd0.75%$9.9221.49%
019180.KSTHN Corporation0.75%$60.022.14%
1471.HKZhongmiao0.75%$0.1337.87%
2492.TInfomart Corporation0.75%$3.1644.10%
300176.SZGuangDong HongTeo Technology Co.,Ltd. Class A0.75%$0.0574.24%
300790.SZDongGuan YuTong Optical Technology Co.,Ltd.0.75%$0.2235.26%
300971.SZXiangyang BOYA Precision Industrial Equipments Co., Ltd0.75%$0.1829.36%
329180.KSHd Hyundai Heavy Industries Co., Ltd.0.75%$3,761.2225.83%
375500.KSDL E&C Co.,Ltd.0.75%$300.9316.73%
603538.SSNingbo Menovo Pharmaceutical Co., Ltd.0.75%$0.1434.15%
603698.SSChangzheng Engineering Co.,LTD0.75%$0.2979.72%
603979.SSJCHX Mining Management Co.,Ltd.0.75%$0.5716.95%
605128.SSShanghai Yanpu Metal Products Co.,Ltd0.75%$0.2837.61%
6693.HKChifeng Gold0.75%$0.2319.89%
7092.TFast Fitness Japan Incorporated0.75%$17.2313.99%
9072.TNIKKON Holdings Co.,Ltd.0.75%$25.5719.54%
9822.KLSAM Engineering & Equipment (M) Berhad0.75%$0.0322.52%
NZL.NZNew Zealand Rural Land Company Limited0.75%$0.013.51%
TOSK.JKTopindo Solusi Komunika Tbk.0.75%$0.4726.94%
WTON.JKPT Wijaya Karya Beton Tbk0.75%$0.7516.39%
000800.SZFAW Jiefang Group Co., Ltd0.74%$0.0539.16%
002101.SZGuangdong Hongtu Technology (holdings) Co.,Ltd.0.74%$0.0916.78%
002145.SZTinergy Chemical Co., Ltd.0.74%$0.0430.03%
002463.SZWus Printed Circuit (Kunshan) Co., Ltd.0.74%$0.5430.40%