Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Transmissora Aliança de Energia Elétrica S.A. (TAEE3.SA)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$70.72 - $252.73$117.45
Multi-Stage$46.21 - $50.45$48.29
Blended Fair Value$82.87
Current Price$12.13
Upside583.17%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.10%-0.04%1.461.462.432.251.610.951.390.881.351.10
YoY Growth--0.25%-39.96%7.79%40.26%69.83%-32.17%57.85%-34.70%23.06%-25.10%
Dividend Yield--12.93%12.07%20.91%15.17%12.45%10.62%14.97%11.32%13.09%10.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,722.58
(-) Cash Dividends Paid (M)846.86
(=) Cash Retained (M)875.72
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)344.52215.32129.19
Cash Retained (M)875.72875.72875.72
(-) Cash Required (M)-344.52-215.32-129.19
(=) Excess Retained (M)531.21660.40746.53
(/) Shares Outstanding (M)689.00689.00689.00
(=) Excess Retained per Share0.770.961.08
LTM Dividend per Share1.231.231.23
(+) Excess Retained per Share0.770.961.08
(=) Adjusted Dividend2.002.192.31
WACC / Discount Rate8.48%8.48%8.48%
Growth Rate5.50%6.50%7.50%
Fair Value$70.72$117.45$252.73
Upside / Downside483.03%868.25%1,983.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,722.581,834.551,953.792,080.792,216.042,360.082,430.89
Payout Ratio49.16%57.33%65.50%73.66%81.83%90.00%92.50%
Projected Dividends (M)846.861,051.741,279.681,532.811,813.442,124.082,248.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.48%8.48%8.48%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)960.39969.49978.60
Year 2 PV (M)1,067.041,087.361,107.88
Year 3 PV (M)1,167.091,200.591,234.73
Year 4 PV (M)1,260.831,309.321,359.19
Year 5 PV (M)1,348.531,413.671,481.30
PV of Terminal Value (M)26,033.1527,290.5628,596.09
Equity Value (M)31,837.0333,270.9934,757.79
Shares Outstanding (M)689.00689.00689.00
Fair Value$46.21$48.29$50.45
Upside / Downside280.94%298.10%315.89%

High-Yield Dividend Screener

« Prev Page 113 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300201.SZXuzhou Handler Special Vehicle Co., Ltd0.54%$0.0413.64%
300254.SZShanXi C&Y Pharmaceutical Group Co., Ltd.0.54%$0.0666.26%
300618.SZNanjing Hanrui Cobalt Co.,Ltd.0.54%$0.2427.60%
300777.SZSinofibers Technology Co.,Ltd.0.54%$0.2223.25%
300835.SZSinomag Technology Co., Ltd.0.54%$0.3527.98%
300965.SZBeijing Hengyu Datacom Aviation Equipment co., Ltd.0.54%$0.3868.61%
301596.SZReach Machinery Co Ltd0.54%$0.4330.79%
5432.TWOSolomon Data International Corporation0.54%$1.0070.10%
5TP.SICNMC Goldmine Holdings Limited0.54%$0.0112.36%
600166.SSBeiqi Foton Motor Co., Ltd.0.54%$0.0216.31%
600171.SSShanghai Belling Co., Ltd.0.54%$0.1733.39%
600459.SSSino-Platinum Metals Co.,Ltd0.54%$0.1012.03%
600741.SSHUAYU Automotive Systems Company Limited0.54%$0.114.97%
600819.SSShanghai Yaohua Pilkington Glass Group Co., Ltd.0.54%$0.0428.59%
600906.SSCaida Securities Co., Ltd.0.54%$0.0411.87%
603949.SSXuelong Group Co.,Ltd0.54%$0.1027.46%
HMM-A.TOHammond Manufacturing Company Limited0.54%$0.063.93%
WPMWheaton Precious Metals Corp.0.54%$0.6429.16%
000525.SZNanjing Red Sun Co.,Ltd.0.53%$0.0341.59%
002481.SZYantai Shuangta Food Co., Ltd.0.53%$0.0350.34%
002590.SZZhejiang VIE Science & Technology Co., Ltd.0.53%$0.0819.59%
0069.HKShangri-La Asia Limited0.53%$0.0333.68%
010620.KSHd Hyundai Mipo Co. Ltd.0.53%$1,189.7714.34%
1299.HKAIA Group Limited0.53%$0.4443.34%
300580.SZWuxi Best Precision Machinery Co., Ltd.0.53%$0.1423.35%
301163.SZJiangsu Hongde Special Parts Co.,Ltd.0.53%$0.1432.32%
4916.TWParpro Corporation0.53%$0.3121.99%
600759.SSGeo-Jade Petroleum Corporation0.53%$0.0215.23%
6701.TNEC Corporation0.53%$28.0315.93%
688127.SSZhejiang Lante Optics Co., Ltd.0.53%$0.2026.44%
688608.SSBestechnic (Shanghai) Co., Ltd.0.53%$1.1930.21%
002333.SZZYF Lopsking Aluminum Co., Ltd.0.52%$0.0339.44%
120030.KSCHOSUN WELDING POHANG Co., Ltd0.52%$506.373.69%
1250.HKShandong Hi-Speed New Energy Group Limited0.52%$0.013.33%
267270.KSHyundai Construction Equipment Co., Ltd.0.52%$507.929.77%
294570.KQCOOCON Corporation0.52%$150.375.17%
300145.SZNanfang Pump Industry Co., Ltd. Class A0.52%$0.0218.75%
300236.SZShanghai Sinyang Semiconductor Materials Co., Ltd.0.52%$0.3339.76%
301165.SZRuijie Networks Co., Ltd.0.52%$0.4643.33%
3CP.FXiaomi Corporation0.52%$0.024.20%
5398.KLGamuda Berhad0.52%$0.0315.33%
600521.SSZhejiang Huahai Pharmaceutical Co., Ltd.0.52%$0.0928.05%
601880.SSLiaoning Port Co., Ltd.0.52%$0.0113.15%
605300.SSJiahe Foods Industry Co., Ltd.0.52%$0.0698.92%
8095.HKBeijing Beida Jade Bird Universal Sci-Tech Company Limited0.52%$0.0112.52%
WTC.AXWiseTech Global Limited0.52%$0.3620.57%
000631.SZShunfa Hengye Corporation0.51%$0.0238.02%
000768.SZAVIC Xi'an Aircraft Industry Group Company Ltd.0.51%$0.1333.44%
000936.SZJiangsu Huaxicun Co.,Ltd.0.51%$0.0411.81%
002023.SZSichuan Haite High-tech Co., Ltd.0.51%$0.0740.25%