Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Investment AB Spiltan (SPLTN.ST)

Company Dividend Discount ModelIndustry: Investment - Banking & Investment ServicesSector: Financial Services

Valuation Snapshot

Stable Growth$262.85 - $399.87$327.14
Multi-Stage$533.67 - $588.26$560.42
Blended Fair Value$443.78
Current Price$207.50
Upside113.87%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-0.75%0.00%1.021.021.021.020.001.061.160.580.550.10
YoY Growth--0.00%0.00%0.00%0.00%-100.00%-8.90%98.56%6.59%426.52%0.00%
Dividend Yield--0.49%0.50%0.42%0.38%0.00%0.44%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)912.27
(-) Cash Dividends Paid (M)65.67
(=) Cash Retained (M)846.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)182.45114.0368.42
Cash Retained (M)846.60846.60846.60
(-) Cash Required (M)-182.45-114.03-68.42
(=) Excess Retained (M)664.15732.57778.18
(/) Shares Outstanding (M)30.5430.5430.54
(=) Excess Retained per Share21.7523.9925.48
LTM Dividend per Share2.152.152.15
(+) Excess Retained per Share21.7523.9925.48
(=) Adjusted Dividend23.9026.1427.63
WACC / Discount Rate6.91%6.91%6.91%
Growth Rate-2.00%-1.00%0.00%
Fair Value$262.85$327.14$399.87
Upside / Downside26.67%57.66%92.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)912.27903.14894.11885.17876.32867.56893.58
Payout Ratio7.20%23.76%40.32%56.88%73.44%90.00%92.50%
Projected Dividends (M)65.67214.57360.50503.48643.57780.80826.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.91%6.91%6.91%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)198.68200.70202.73
Year 2 PV (M)309.06315.40321.80
Year 3 PV (M)399.66412.02424.64
Year 4 PV (M)473.02492.62512.83
Year 5 PV (M)531.37559.04587.85
PV of Terminal Value (M)14,385.3215,134.4015,914.36
Equity Value (M)16,297.1117,114.1917,964.21
Shares Outstanding (M)30.5430.5430.54
Fair Value$533.67$560.42$588.26
Upside / Downside157.19%170.08%183.50%

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%