DDM Analysis: ELET5.SA

Valuation Snapshot

Stable Growth	$68.62 - $193.19	$106.83
Multi-Stage	$80.93 - $88.70	$84.75
Blended Fair Value	$95.79
Current Price	$82.50
Upside	16.11%
Decision	Don't Buy

Dividend History & Growth Metrics (10Y)

Metric	5Y CAGR	10Y CAGR	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DPS	2.02%	4.84%	0.57	0.37	0.64	1.62	1.12	0.51	0.03	0.17	0.00	0.01
YoY Growth	-	-	51.34%	-42.00%	-60.24%	44.48%	119.24%	1,734.36%	-83.09%	6,487.84%	-74.89%	-97.17%
Dividend Yield	-	-	0.75%	0.38%	0.99%	2.51%	1.56%	1.25%	0.06%	0.85%	0.01%	0.08%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)

Net Income To Common (M)	6,632.28
(-) Cash Dividends Paid (M)	4,243.72
(=) Cash Retained (M)	2,388.56

Metric	LOW	BASE	HIGH
Required Retention Ratio	20.0%	12.5%	7.5%
(=) Cash Required (M)	1,326.46	829.03	497.42
Cash Retained (M)	2,388.56	2,388.56	2,388.56
(-) Cash Required (M)	-1,326.46	-829.03	-497.42
(=) Excess Retained (M)	1,062.10	1,559.52	1,891.14
(/) Shares Outstanding (M)	2,311.51	2,311.51	2,311.51
(=) Excess Retained per Share	0.46	0.67	0.82
LTM Dividend per Share	1.84	1.84	1.84
(+) Excess Retained per Share	0.46	0.67	0.82
(=) Adjusted Dividend	2.30	2.51	2.65
WACC / Discount Rate	6.28%	6.28%	6.28%
Growth Rate	2.84%	3.84%	4.84%
Fair Value	$68.62	$106.83	$193.19
Upside / Downside	-16.83%	29.49%	134.16%

Multi-Stage Model: Projections

(USD in Millions)

Metric	TTM	Dec-27	Dec-28	Dec-29	Dec-30	Dec-31	Terminal
Net Income (M)	6,632.28	6,887.18	7,151.87	7,426.74	7,712.17	8,008.57	8,248.83
Payout Ratio	63.99%	69.19%	74.39%	79.59%	84.80%	90.00%	92.50%
Projected Dividends (M)	4,243.72	4,765.15	5,320.39	5,911.27	6,539.70	7,207.72	7,630.17

Multi-Stage Valuation

Metric	LOW	BASE	HIGH
WACC / Discount Rate	6.28%	6.28%	6.28%
Growth Rate	2.84%	3.84%	4.84%
Year 1 PV (M)	4,440.25	4,483.42	4,526.60
Year 2 PV (M)	4,619.61	4,709.88	4,801.03
Year 3 PV (M)	4,782.70	4,923.58	5,067.19
Year 4 PV (M)	4,930.40	5,124.98	5,325.26
Year 5 PV (M)	5,063.52	5,314.53	5,575.40
PV of Terminal Value (M)	163,241.01	171,333.26	179,743.29
Equity Value (M)	187,077.49	195,889.65	205,038.77
Shares Outstanding (M)	2,311.51	2,311.51	2,311.51
Fair Value	$80.93	$84.75	$88.70
Upside / Downside	-1.90%	2.72%	7.52%

High-Yield Dividend Screener

US Stocks Global Stocks

« Prev Page 13 of 30 Next »

Ticker ⇵	Company ⇵	Dividend Yield % ▼	Dividend Per Share ⇵	Payout Ratio % ⇵
CL	Colgate-Palmolive Company	2.88%	$2.24	62.40%
TCBK	TriCo Bancshares	2.87%	$1.35	37.83%
0U6R.L	Bunge Limited	2.86%	$3.05	31.37%
FBMS	The First Bancshares, Inc.	2.86%	$0.97	39.72%
RILYG	B. Riley Financial, Inc. 5.00% Senior Notes due 2026	2.86%	$0.58	56.91%
CNS	Cohen & Steers, Inc.	2.85%	$1.81	56.91%
MRBK	Meridian Corporation	2.85%	$0.49	27.85%
AMGN	Amgen Inc.	2.84%	$9.31	72.03%
BKH	Black Hills Corporation	2.84%	$1.98	50.60%
GABC	German American Bancorp, Inc.	2.84%	$1.11	40.35%
HOMB	Home Bancshares, Inc.	2.84%	$0.79	34.17%
KO	The Coca-Cola Company	2.84%	$1.96	65.04%
SBFG	SB Financial Group, Inc.	2.84%	$0.61	28.02%
TSBK	Timberland Bancorp, Inc.	2.84%	$1.00	27.24%
CATY	Cathay General Bancorp	2.83%	$1.38	31.20%
CWT	California Water Service Group	2.83%	$1.22	53.25%
EBIX	Ebix, Inc.	2.83%	$0.08	46.85%
CMS-PB	Consumers Energy Company	2.82%	$2.17	62.27%
EPRT	Essential Properties Realty Trust, Inc.	2.82%	$0.85	70.58%
GPK	Graphic Packaging Holding Company	2.82%	$0.43	24.85%
VALSX	Value Line Select Growth Fund	2.82%	$0.87	56.29%
CCNE	CNB Financial Corporation	2.81%	$0.72	35.05%
ORRF	Orrstown Financial Services, Inc.	2.81%	$0.98	26.05%
TXNM	TXNM Energy, Inc.	2.80%	$1.65	86.75%
STC	Stewart Information Services Corporation	2.79%	$1.95	54.56%
CVLY	Codorus Valley Bancorp, Inc.	2.77%	$0.67	28.98%
KKRS	KKR Group Finance Co. IX LLC 4.	2.77%	$0.49	7.61%
SHBI	Shore Bancshares, Inc.	2.77%	$0.48	28.28%
HNNA	Hennessy Advisors, Inc.	2.76%	$0.27	21.11%
HONE	HarborOne Bancorp, Inc.	2.76%	$0.33	51.05%
KMT	Kennametal Inc.	2.76%	$0.80	65.12%
PNM	PNM Resources, Inc.	2.76%	$1.12	57.65%
HWC	Hancock Whitney Corporation	2.75%	$1.77	31.35%
YOU	Clear Secure, Inc.	2.75%	$0.95	50.89%
0HE2.L	Ameren Corporation	2.74%	$2.78	53.51%
MTDR	Matador Resources Company	2.74%	$1.19	18.96%
OFG	OFG Bancorp	2.74%	$1.12	25.13%
VLO	Valero Energy Corporation	2.74%	$4.53	93.65%
YORW	The York Water Company	2.73%	$0.87	62.37%
CCZ	Comcast Holdings Corp.	2.72%	$1.63	26.92%
K	Kellanova	2.72%	$2.27	62.18%
ADT	ADT Inc.	2.71%	$0.22	29.95%
AVT	Avnet, Inc.	2.71%	$1.34	48.46%
BKU	BankUnited, Inc.	2.71%	$1.21	34.19%
CNOB	ConnectOne Bancorp, Inc.	2.71%	$0.71	48.64%
GBX	The Greenbrier Companies, Inc.	2.71%	$1.28	19.40%
PBHC	Pathfinder Bancorp, Inc.	2.71%	$0.38	26.39%
TRIN	Trinity Capital Inc.	2.71%	$0.41	20.50%
RILYN	B. Riley Financial, Inc. - 6.50	2.70%	$0.58	56.91%
0L5A.L	Sempra	2.69%	$2.41	72.79%

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Ticker

Industry

Sector

Centrais Elétricas Brasileiras S.A. - Eletrobrás (ELET5.SA)

Valuation Snapshot

Dividend History & Growth Metrics (10Y)

Stable Growth Model (Adjusted)

Multi-Stage Model: Projections

Multi-Stage Valuation

High-Yield Dividend Screener