Definitive Analysis
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Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Prevas AB (PREV-B.ST)

Company Dividend Discount ModelIndustry: Information Technology ServicesSector: Technology

Valuation Snapshot

Stable Growth$195.52 - $1,120.38$366.64
Multi-Stage$120.83 - $131.75$126.19
Blended Fair Value$246.42
Current Price$66.00
Upside273.36%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%81.89%4.864.543.471.980.000.000.000.000.000.00
YoY Growth--7.17%30.64%75.63%0.00%0.00%0.00%0.00%0.00%0.00%-100.00%
Dividend Yield--4.97%3.82%2.39%1.66%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)72.59
(-) Cash Dividends Paid (M)65.54
(=) Cash Retained (M)7.05
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14.529.075.44
Cash Retained (M)7.057.057.05
(-) Cash Required (M)-14.52-9.07-5.44
(=) Excess Retained (M)-7.47-2.021.60
(/) Shares Outstanding (M)12.8912.8912.89
(=) Excess Retained per Share-0.58-0.160.12
LTM Dividend per Share5.095.095.09
(+) Excess Retained per Share-0.58-0.160.12
(=) Adjusted Dividend4.514.935.21
WACC / Discount Rate7.93%7.93%7.93%
Growth Rate5.50%6.50%7.50%
Fair Value$195.52$366.64$1,120.38
Upside / Downside196.24%455.52%1,597.55%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)72.5977.3182.3387.6893.3899.45102.44
Payout Ratio90.29%90.23%90.17%90.12%90.06%90.00%92.50%
Projected Dividends (M)65.5469.7674.2479.0284.1089.5194.75

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.93%7.93%7.93%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)64.0264.6365.24
Year 2 PV (M)62.5463.7364.93
Year 3 PV (M)61.0962.8564.63
Year 4 PV (M)59.6861.9764.33
Year 5 PV (M)58.2961.1164.03
PV of Terminal Value (M)1,251.271,311.711,374.46
Equity Value (M)1,556.901,626.001,697.63
Shares Outstanding (M)12.8912.8912.89
Fair Value$120.83$126.19$131.75
Upside / Downside83.08%91.20%99.62%

High-Yield Dividend Screener

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