Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

The Scottish American Investment Company PLC (SAIN.L)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$9.30 - $18.18$12.81
Multi-Stage$8.28 - $9.04$8.65
Blended Fair Value$10.73
Current Price$5.09
Upside110.83%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.72%6.42%0.150.140.140.120.100.100.090.080.080.08
YoY Growth--4.04%4.19%13.28%13.99%8.53%7.88%6.67%2.65%1.75%2.05%
Dividend Yield--2.93%2.63%2.66%2.20%2.25%2.26%2.55%2.28%2.52%3.06%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)98.78
(-) Cash Dividends Paid (M)45.56
(=) Cash Retained (M)53.23
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)19.7612.357.41
Cash Retained (M)53.2353.2353.23
(-) Cash Required (M)-19.76-12.35-7.41
(=) Excess Retained (M)33.4740.8845.82
(/) Shares Outstanding (M)176.40176.40176.40
(=) Excess Retained per Share0.190.230.26
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.190.230.26
(=) Adjusted Dividend0.450.490.52
WACC / Discount Rate9.45%9.45%9.45%
Growth Rate4.42%5.42%6.42%
Fair Value$9.30$12.81$18.18
Upside / Downside82.63%151.67%257.14%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)98.78104.14109.78115.73122.01128.62132.48
Payout Ratio46.12%54.89%63.67%72.45%81.22%90.00%92.50%
Projected Dividends (M)45.5657.1669.9083.8499.10115.76122.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.45%9.45%9.45%
Growth Rate4.42%5.42%6.42%
Year 1 PV (M)51.7352.2352.72
Year 2 PV (M)57.2458.3559.46
Year 3 PV (M)62.1463.9465.78
Year 4 PV (M)66.4769.0571.71
Year 5 PV (M)70.2673.6977.25
PV of Terminal Value (M)1,152.681,208.941,267.38
Equity Value (M)1,460.521,526.201,594.30
Shares Outstanding (M)176.40176.40176.40
Fair Value$8.28$8.65$9.04
Upside / Downside62.67%69.98%77.57%

High-Yield Dividend Screener

« Prev Page 11 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
THFFFirst Financial Corporation3.32%$1.9831.67%
IRDMIridium Communications Inc.3.31%$0.5949.66%
PDCOPatterson Companies, Inc.3.31%$1.0466.64%
0HRZ.LCoterra Energy Inc.3.30%$0.8840.64%
ACIAlbertsons Companies, Inc.3.30%$0.5733.33%
KDPKeurig Dr Pepper Inc.3.30%$0.9278.89%
SPBSpectrum Brands Holdings, Inc.3.30%$1.9848.25%
0IUX.LGenuine Parts Company3.29%$4.0569.77%
BGBunge Global S.A.3.29%$3.0531.37%
HDGCXThe Hartford Dividend and Growth Fund Class C3.29%$1.0820.58%
PSBDPalmer Square Capital BDC Inc.3.29%$0.4090.32%
LIENChicago Atlantic BDC, Inc.3.28%$0.3423.50%
REXRRexford Industrial Realty, Inc.3.28%$1.2890.14%
CVCYCentral Valley Community Bancorp3.27%$0.5832.80%
F-PDFord Motor Company 6.500% Notes3.27%$0.7463.45%
FSBWFS Bancorp, Inc.3.27%$1.3331.78%
TRNOTerreno Realty Corporation3.27%$1.9362.02%
0I1P.LComerica Incorporated3.26%$2.8252.30%
ALEXAlexander & Baldwin, Inc.3.26%$0.6766.95%
BRXBrixmor Property Group Inc.3.26%$0.8578.30%
AGM-PCFederal Agricultural Mortgage Corporation3.24%$7.8539.89%
HTOH2O America3.24%$1.6052.08%
WECWEC Energy Group, Inc.3.24%$3.4566.21%
XOMExxon Mobil Corporation3.24%$3.9857.54%
SCLStepan Company3.22%$1.5276.82%
HBTHBT Financial, Inc.3.21%$0.8333.20%
KALUKaiser Aluminum Corporation3.21%$3.8670.13%
SMPStandard Motor Products, Inc.3.20%$1.1838.74%
0QZA.LConocoPhillips3.19%$3.0943.65%
PAGPenske Automotive Group, Inc.3.18%$5.0435.22%
CRBGCorebridge Financial, Inc.3.17%$0.9652.57%
EDConsolidated Edison, Inc.3.17%$3.1756.36%
LARKLandmark Bancorp, Inc.3.17%$0.8238.75%
NBPU.LNB Private Equity Partners Limited3.17%$0.6770.20%
PFBCPreferred Bank3.16%$3.0329.67%
HNIHNI Corporation3.15%$1.3444.63%
RBBRBB Bancorp3.15%$0.6443.45%
FGF&G Annuities & Life, Inc.3.14%$0.9428.23%
NBHCNational Bank Holdings Corporation3.14%$1.1937.27%
0KZA.LSM Energy Company3.13%$0.609.44%
CBUCommunity Bank System, Inc.3.13%$1.8246.85%
DTEDTE Energy Company3.13%$4.0887.19%
RNSTRenasant Corporation3.13%$1.1148.14%
BSRRSierra Bancorp3.11%$1.0134.68%
FCFFirst Commonwealth Financial Corporation3.11%$0.5238.19%
PNCThe PNC Financial Services Group, Inc.3.11%$6.5739.89%
PRKPark National Corporation3.11%$4.8044.20%
GEFGreif, Inc.3.10%$2.1212.04%
0QAH.LMerck & Co., Inc.3.09%$3.2542.60%
BANRBanner Corporation3.09%$1.9335.15%