Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Plato Income Maximiser Limited (PL8.AX)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$1.36 - $1.92$1.63
Multi-Stage$2.11 - $2.31$2.21
Blended Fair Value$1.92
Current Price$1.39
Upside38.31%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202520242023202220212020201920182016
DPS0.00%0.00%0.000.060.050.050.030.030.040.020.000.00
YoY Growth---100.00%16.73%17.51%63.77%-11.00%-13.52%114.55%0.00%0.00%0.00%
Dividend Yield--0.00%5.30%4.32%3.99%2.25%3.24%3.31%1.71%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)149.52
(-) Cash Dividends Paid (M)70.58
(=) Cash Retained (M)78.94
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)29.9018.6911.21
Cash Retained (M)78.9478.9478.94
(-) Cash Required (M)-29.90-18.69-11.21
(=) Excess Retained (M)49.0360.2567.72
(/) Shares Outstanding (M)720.65720.65720.65
(=) Excess Retained per Share0.070.080.09
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share0.070.080.09
(=) Adjusted Dividend0.170.180.19
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1.36$1.63$1.92
Upside / Downside-2.48%17.55%38.07%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)149.52148.02146.54145.08143.63142.19146.46
Payout Ratio47.21%55.76%64.32%72.88%81.44%90.00%92.50%
Projected Dividends (M)70.5882.5494.26105.74116.97127.97135.47

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)74.2875.0475.80
Year 2 PV (M)76.3477.9079.48
Year 3 PV (M)77.0679.4481.87
Year 4 PV (M)76.7179.8983.17
Year 5 PV (M)75.5379.4683.56
PV of Terminal Value (M)1,142.201,201.671,263.60
Equity Value (M)1,522.111,593.411,667.48
Shares Outstanding (M)720.65720.65720.65
Fair Value$2.11$2.21$2.31
Upside / Downside51.95%59.07%66.47%

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%