Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

The Keg Royalties Income Fund (KEG-UN.TO)

Company Dividend Discount ModelIndustry: RestaurantsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$10.74 - $16.53$13.43
Multi-Stage$14.51 - $15.82$15.15
Blended Fair Value$14.29
Current Price$13.89
Upside2.90%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.03%3.33%1.610.770.770.490.430.771.421.351.351.23
YoY Growth--110.35%0.00%57.92%11.66%-43.30%-45.94%4.83%0.50%9.49%5.75%
Dividend Yield--11.62%5.12%4.89%2.92%3.25%9.01%8.11%7.40%6.70%6.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)19.02
(-) Cash Dividends Paid (M)16.10
(=) Cash Retained (M)2.92
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.802.381.43
Cash Retained (M)2.922.922.92
(-) Cash Required (M)-3.80-2.38-1.43
(=) Excess Retained (M)-0.880.551.50
(/) Shares Outstanding (M)16.8016.8016.80
(=) Excess Retained per Share-0.050.030.09
LTM Dividend per Share0.960.960.96
(+) Excess Retained per Share-0.050.030.09
(=) Adjusted Dividend0.910.991.05
WACC / Discount Rate9.79%9.79%9.79%
Growth Rate1.25%2.25%3.25%
Fair Value$10.74$13.43$16.53
Upside / Downside-22.70%-3.30%19.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)19.0219.4519.8820.3320.7921.2621.90
Payout Ratio84.63%85.70%86.78%87.85%88.93%90.00%92.50%
Projected Dividends (M)16.1016.6717.2617.8618.4919.1320.26

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.79%9.79%9.79%
Growth Rate1.25%2.25%3.25%
Year 1 PV (M)15.0315.1815.33
Year 2 PV (M)14.0414.3114.60
Year 3 PV (M)13.1013.5013.90
Year 4 PV (M)12.2312.7213.23
Year 5 PV (M)11.4211.9912.59
PV of Terminal Value (M)177.96186.92196.24
Equity Value (M)243.78254.63265.88
Shares Outstanding (M)16.8016.8016.80
Fair Value$14.51$15.15$15.82
Upside / Downside4.45%9.09%13.91%

High-Yield Dividend Screener

« Prev Page 114 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002026.SZShandong Weida Machinery Co., Ltd.0.51%$0.0810.33%
005290.KQDongjin Semichem Co., Ltd.0.51%$201.318.88%
042670.KSHD Hyundai Infracore Co., Ltd.0.51%$69.8029.90%
043150.KQValue Added Technology Co., Ltd.0.51%$100.023.01%
098460.KQKoh Young Technology Inc.0.51%$138.2152.02%
300115.SZShenzhen Everwin Precision Technology Co., Ltd.0.51%$0.2450.31%
300473.SZFuxin Dare Automotive Parts Co., Ltd.0.51%$0.1526.00%
300650.SZTecnon Electronics Co., Ltd.0.51%$0.0833.85%
300722.SZJiangxi Xinyu Guoke Technology Co., Ltd0.51%$0.1880.85%
300930.SZHangzhou Yitong New Material Co., Ltd.0.51%$0.1526.67%
301000.SZShanghai Hajime Advanced Material Technology Co., Ltd.0.51%$0.2033.61%
301012.SZJiangsu Yangdian Science & Technology Co. Ltd.0.51%$0.1451.85%
3387.TCreate Restaurants Holdings Inc.0.51%$3.9930.05%
4050.SRSaudi Automotive Services Company0.51%$0.2938.33%
600506.SSTongyi Carbon Neutral Energy (Xinjiang) Co., Ltd. Class A0.51%$0.1347.25%
601696.SSBOC International (China) Co. Ltd.0.51%$0.0819.18%
603063.SSShenzhen Hopewind Electric Co., Ltd.0.51%$0.1714.73%
603160.SSShenzhen Goodix Technology Co., Ltd.0.51%$0.4122.46%
603300.SSZhejiang Haikong Nanke Huatie Digital Technology Co., Ltd. Class A0.51%$0.0412.23%
603738.SSTKD Science and Technology Co.,Ltd.0.51%$0.0880.55%
688088.SSArcSoft Corporation Limited0.51%$0.2543.82%
CENCOSUD.SNCencosud S.A.0.51%$15.0611.46%
KIN2.DEKinross Gold Corporation0.51%$0.128.34%
MSZ.WAMostostal Zabrze S.A.0.51%$0.035.90%
VCAP.LVector Capital Plc0.51%$0.0573.28%
000534.SZWedge Industrial Co.,Ltd.0.50%$0.1125.25%
000977.SZInspur Electronic Information Industry Co., Ltd.0.50%$0.3319.71%
002400.SZGuangdong Advertising Group Co.,Ltd0.50%$0.0473.00%
002806.SZGuangdong Huafeng New Energy Technology Co.,Ltd.0.50%$0.0619.01%
003043.SZSuzhou Huaya Intelligence Technology Co., Ltd.0.50%$0.2348.11%
042700.KSHANMI Semiconductor Co., Ltd.0.50%$717.1028.27%
0GOX.LPolytec Holding AG0.50%$0.0214.11%
0YAY.LVitrolife AB (publ)0.50%$1.1033.79%
1730.HKLHN Limited0.50%$0.0219.85%
2316.TWWUS Printed Circuit Co., Ltd.0.50%$0.506.30%
300443.SZJinlei Technology Co., Ltd.0.50%$0.1413.60%
600834.SSShanghai Shentong Metro Co.,Ltd.0.50%$0.0456.35%
603928.SSSuzhou Xingye Materials Technology Co.,Ltd.0.50%$0.0826.88%
605376.SSJiangsu Boqian New Materials Stock Co., Ltd.0.50%$0.3255.13%
6641.TNissin Electric Co., Ltd.0.50%$8.497.92%
688169.SSBeijing Roborock Technology Co., Ltd.0.50%$0.7612.76%
688798.SSShanghai Awinic Technology Co.,Ltd.0.50%$0.3824.95%
AMAN.JKPT Makmur Berkah Amanda Tbk0.50%$1.005.46%
ELOS-B.STElos Medtech AB (publ)0.50%$1.0114.74%
EXPL.PAEPC Groupe0.50%$1.044.79%
RHM.DERheinmetall AG0.50%$7.9744.89%
TFPMTriple Flag Precious Metals Corp.0.50%$0.1616.49%
000722.SZHunan Development Group Co.,Ltd0.49%$0.0637.76%
002126.SZZhejiang Yinlun Machinery Co.,Ltd.0.49%$0.1918.19%
002228.SZXiamen Hexing Packaging Printing Co., Ltd.0.49%$0.0224.24%