Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Oxford Lane Capital Corp. (OXLCI)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$12.68 - $18.07$15.33
Multi-Stage$20.95 - $22.92$21.91
Blended Fair Value$18.62
Current Price$25.48
Upside-26.92%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202520242023202220212020201920182017
DPS0.00%0.00%0.000.840.620.430.380.430.270.210.250.00
YoY Growth---100.00%35.96%43.14%14.00%-10.60%54.87%30.63%-15.10%0.00%0.00%
Dividend Yield--0.00%3.32%2.44%1.71%1.50%1.68%1.08%0.83%0.98%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)370.50
(-) Cash Dividends Paid (M)256.60
(=) Cash Retained (M)113.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)74.1046.3127.79
Cash Retained (M)113.90113.90113.90
(-) Cash Required (M)-74.10-46.31-27.79
(=) Excess Retained (M)39.8067.5986.11
(/) Shares Outstanding (M)197.36197.36197.36
(=) Excess Retained per Share0.200.340.44
LTM Dividend per Share1.301.301.30
(+) Excess Retained per Share0.200.340.44
(=) Adjusted Dividend1.501.641.74
WACC / Discount Rate9.61%9.61%9.61%
Growth Rate-2.00%-1.00%0.00%
Fair Value$12.68$15.33$18.07
Upside / Downside-50.25%-39.85%-29.09%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)370.50366.80363.13359.50355.90352.34362.91
Payout Ratio69.26%73.41%77.55%81.70%85.85%90.00%92.50%
Projected Dividends (M)256.60269.25281.62293.72305.55317.11335.70

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.61%9.61%9.61%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)243.16245.64248.13
Year 2 PV (M)229.69234.40239.16
Year 3 PV (M)216.35223.04229.87
Year 4 PV (M)203.25211.68220.36
Year 5 PV (M)190.50200.42210.75
PV of Terminal Value (M)3,050.803,209.663,375.08
Equity Value (M)4,133.764,324.854,523.34
Shares Outstanding (M)197.36197.36197.36
Fair Value$20.95$21.91$22.92
Upside / Downside-17.80%-14.00%-10.05%

High-Yield Dividend Screener

« Prev Page 126 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
OCE.JOOceana Group Limited0.24%$13.2376.46%
SVRL.BOShri Venkatesh Refineries Limi0.24%$0.6910.32%
YULE.JKPT Yulie Sekuritas Indonesia Tbk0.24%$8.0021.47%
000417.SZHefei Department Store Group Co.,Ltd0.23%$0.029.60%
002384.SZSuzhou Dongshan Precision Manufacturing Co., Ltd.0.23%$0.1928.28%
002565.SZShanghai Shunho New Materials Technology Co.,Ltd.0.23%$0.0478.29%
002885.SZShenzhen JingQuanHua Electronics Co.,Ltd.0.23%$0.0623.30%
002896.SZNingbo ZhongDa Leader Intelligent Transmission Co., Ltd.0.23%$0.2156.47%
002905.SZGuangzhou Jinyi Media Corporation0.23%$0.0326.27%
003021.SZShenzhen Zhaowei Machinery & Electronic Co., Ltd.0.23%$0.2927.62%
003240.KSTaekwang Industrial Co., Ltd.0.23%$1,750.040.92%
022100.KQPosco Dx Company Ltd.0.23%$126.3124.59%
300007.SZHanwei Electronics Group Corporation0.23%$0.1249.27%
300096.SZYLZ Information Technology Co., Ltd0.23%$0.0211.84%
300107.SZHebei Jianxin Chemical Co., Ltd.0.23%$0.0277.28%
300380.SZShanghai Amarsoft Information & Technology Co.,Ltd0.23%$0.1057.30%
300969.SZNINGBO HENGSHUAI Co., Ltd.0.23%$0.2917.85%
4475.THennge K.K.0.23%$2.998.29%
600113.SSZhejiang Dongri Limited Company0.23%$0.1541.70%
600148.SSChangchun Yidong Clutch CO.,LTD0.23%$0.0568.26%
603324.SSShanghai Sheng Jian Environment Technology Co., Ltd.0.23%$0.0613.58%
603639.SSHailir Pesticides and Chemicals Group Co.,Ltd.0.23%$0.035.13%
603663.SSSanxiang Advanced Materials Co., Ltd.0.23%$0.0845.25%
688683.SSGuangDong Leary New Material Technology Co.,Ltd0.23%$0.0727.71%
CKS.JOCrookes Brothers Limited0.23%$5.5494.73%
EXX.JOExxaro Resources Limited0.23%$40.9257.17%
ITE.JOItaltile Limited0.23%$2.1185.08%
TROAX.STTroax Group AB (publ)0.23%$0.3485.49%
001336.SZHangzhou Chuhuan Science & Technology Company Limited0.22%$0.0516.21%
002246.SZNorth Chemical Industries Co., Ltd.0.22%$0.0410.63%
002281.SZAccelink Technologies Co,Ltd.0.22%$0.1613.87%
002335.SZKehua Data Co., Ltd.0.22%$0.1214.77%
002494.SZHuasi Holding Company Limited0.22%$0.0129.50%
002511.SZC&S Paper Co.,Ltd0.22%$0.029.57%
002935.SZChengdu Spaceon Electronics Co., Ltd.0.22%$0.0533.23%
0JE5.LAMSC Asa0.22%$0.000.43%
140860.KQPark Systems Corp.0.22%$500.147.60%
2018.HKAAC Technologies Holdings Inc.0.22%$0.093.67%
300031.SZWuxi Boton Technology Co., Ltd.0.22%$0.0511.36%
300049.SZInner Mongolia Furui Medical Science Co., Ltd.0.22%$0.1532.40%
300142.SZWalvax Biotechnology Co., Ltd.0.22%$0.0277.28%
300457.SZShenzhen Yinghe Technology Co., Ltd0.22%$0.0612.53%
300512.SZHangzhou Zhongya Machinery Co., Ltd.0.22%$0.0225.40%
301155.SZJiangsu Haili Wind Power Equipment Technology Co., Ltd.0.22%$0.1812.08%
301392.SZGuangdong Huicheng Vacuum Technology Co., Ltd.0.22%$0.2821.83%
601163.SSTriangle Tyre Co., Ltd0.22%$0.032.73%
603656.SSHefei Taihe Optoelectronic Technology Co., Ltd.0.22%$0.0530.43%
688122.SSWestern Superconducting Technologies Co., Ltd.0.22%$0.1712.77%
688258.SSJiangsu Eazytec Co., Ltd.0.22%$0.1738.53%
688308.SSOKE Precision Cutting Tools Co., Ltd.0.22%$0.0759.97%