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 128 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
STVG.LSTV Group plc0.20%$0.2285.00%
000993.SZFujian Mindong Electric Power Limited Company0.19%$0.024.94%
002392.SZBeijing Lier High-temperature Materials Co.,Ltd.0.19%$0.014.71%
0975.HKMongolian Mining Corporation0.19%$0.026.64%
300079.SZSumavision Technologies Co.,Ltd.0.19%$0.0153.51%
300353.SZKyland Technology Co., Ltd.0.19%$0.0458.28%
300576.SZShenzhen RongDa Photosensitive Science & Technology Co., Ltd.0.19%$0.0723.64%
300805.SZGuangdong Brandmax Marketing Co.,Ltd.0.19%$0.0220.44%
300913.SZZhejiang Zhaolong Interconnect Technology Co., Limited0.19%$0.1015.47%
600530.SSShanghai Jiaoda Onlly Co.,Ltd0.19%$0.0137.87%
600619.SSShanghai Highly (Group) Co., Ltd.0.19%$0.0492.50%
600825.SSShanghai Xinhua Media Co., Ltd.0.19%$0.0128.97%
601007.SSJinling Hotel Corporation, Ltd.0.19%$0.0118.36%
603869.SSENC Digital Technology Co., Ltd0.19%$0.0226.36%
603966.SSEurocrane (China) Co., Ltd.0.19%$0.023.95%
688305.SSKEDE Numerical Control Co., Ltd.0.19%$0.1212.52%
DOL.TODollarama Inc.0.19%$0.388.45%
GAZT.MEPublic Joint-Stock Company GAZ-Tek0.19%$3.3594.82%
LAHOTIOV.BOLahoti Overseas Limited0.19%$0.102.87%
PRIMEFRESH.BOPrime Fresh Ltd.0.19%$0.483.62%
QRS.WAQuercus TFI S.A.0.19%$0.022.03%
SUPERSHAKT.BOSupershakti Metaliks Limited0.19%$0.501.85%
VTAS.LVolta Finance Limited0.19%$1.1142.95%
WGX.AXWestgold Resources Limited0.19%$0.018.20%
000570.SZChangchai Company, Limited0.18%$0.0142.48%
000831.SZChina Minmetals Rare Earth Co., Ltd.0.18%$0.0880.93%
000888.SZEmei Shan Tourism Co.,Ltd0.18%$0.025.59%
001202.SZGuangdong Jushen Logistics Co., Ltd.0.18%$0.036.34%
002148.SZBeijing Bewinner Communications Co., Ltd.0.18%$0.0272.36%
002933.SZBeijing Emerging Eastern Aviation Equipment Co., Ltd.0.18%$0.0724.64%
058610.KQSPG Co., Ltd.0.18%$150.4527.80%
300069.SZJinlihua Electric Co., Ltd.0.18%$0.0315.98%
301209.SZLongkou Union Chemical Co., Ltd.0.18%$0.2037.48%
3450.TWElite Advanced Laser Corporation0.18%$0.509.12%
600230.SSCangzhou Dahua Co., Ltd.0.18%$0.0321.03%
600620.SSShanghai Tianchen Co.,Ltd0.18%$0.0112.62%
603200.SSShanghai Emperor of Cleaning Hi-Tech Co., Ltd0.18%$0.1320.05%
603268.SSGuangdong Songfa Ceramics Co.,Ltd.0.18%$0.1510.52%
603306.SSHMT (Xiamen) New Technical Materials Co., Ltd0.18%$0.1113.64%
603960.SSShanghai Kelai Mechatronics Engineering Co.,Ltd.0.18%$0.0421.20%
603988.SSSEC Electric Machinery Co., Ltd.0.18%$0.0423.72%
605133.SSJiangsu Rongtai Industry Co., Ltd.0.18%$0.069.33%
6067.TImpact HD Inc.0.18%$8.2552.45%
688268.SSGuangdong Huate Gas Co., Ltd0.18%$0.107.26%
CENTURYTEX.BOCentury Textiles and Industries Limited0.18%$4.9657.21%
CMH.JOCombined Motor Holdings Limited0.18%$6.3570.53%
FIGE3.SAInvestimentos Bemge S.A.0.18%$0.040.86%
FLOT.MEPAO Sovcomflot0.18%$0.1413.00%
JARR.JKPT Jhonlin Agro Raya Tbk0.18%$5.6515.65%
MAREL.ASMarel hf.0.18%$0.0154.66%