Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

B2Gold Corp. (BTG)

Company Dividend Discount ModelIndustry: GoldSector: Basic Materials

Valuation Snapshot

Stable Growth$12.54 - $30.37$28.46
Multi-Stage$4.50 - $4.92$4.70
Blended Fair Value$16.58
Current Price$4.95
Upside234.98%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS77.41%0.00%0.130.130.110.120.080.010.000.000.000.00
YoY Growth---2.90%16.03%-1.81%37.52%1,055.02%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--4.51%5.02%2.90%2.53%1.96%0.24%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)219.23
(-) Cash Dividends Paid (M)123.71
(=) Cash Retained (M)95.51
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)43.8527.4016.44
Cash Retained (M)95.5195.5195.51
(-) Cash Required (M)-43.85-27.40-16.44
(=) Excess Retained (M)51.6768.1179.07
(/) Shares Outstanding (M)1,435.641,435.641,435.64
(=) Excess Retained per Share0.040.050.06
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.040.050.06
(=) Adjusted Dividend0.120.130.14
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate5.50%6.50%7.50%
Fair Value$12.54$28.46$30.37
Upside / Downside153.30%474.95%513.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)219.23233.48248.65264.82282.03300.36309.37
Payout Ratio56.43%63.15%69.86%76.57%83.29%90.00%92.50%
Projected Dividends (M)123.71147.43173.71202.78234.89270.33286.17

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.53%6.53%6.53%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)137.10138.40139.70
Year 2 PV (M)150.21153.07155.96
Year 3 PV (M)163.06167.74172.51
Year 4 PV (M)175.64182.40189.34
Year 5 PV (M)187.97197.05206.47
PV of Terminal Value (M)5,640.375,912.806,195.66
Equity Value (M)6,454.356,751.457,059.64
Shares Outstanding (M)1,435.641,435.641,435.64
Fair Value$4.50$4.70$4.92
Upside / Downside-9.18%-5.00%-0.66%

High-Yield Dividend Screener

« Prev Page 14 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
UVSPUnivest Financial Corporation2.69%$0.8728.95%
VBTXVeritex Holdings, Inc.2.69%$0.8138.53%
CBTCabot Corporation2.68%$1.8029.00%
PKOHPark-Ohio Holdings Corp.2.68%$0.5633.19%
WINAWinmark Corporation2.68%$10.7696.24%
CHCOCity Holding Company2.67%$3.2036.27%
IDAIDACORP, Inc.2.67%$3.4058.98%
LFVNLifeVantage Corporation2.67%$0.1618.67%
MMM3M Company2.67%$4.3168.77%
MSEXMiddlesex Water Company2.67%$1.3456.69%
ONBOld National Bancorp2.67%$0.6035.48%
0HQU.LCF Industries Holdings, Inc.2.66%$2.0724.22%
MGYMagnolia Oil & Gas Corporation2.66%$0.6032.28%
PEBKPeoples Bancorp of North Carolina, Inc.2.66%$0.9530.99%
GSBCGreat Southern Bancorp, Inc.2.65%$1.6326.64%
HDThe Home Depot, Inc.2.65%$9.1562.39%
MVBFMVB Financial Corp.2.65%$0.6827.31%
PPGPPG Industries, Inc.2.65%$2.7662.85%
TWMIXAmerican Century Emerging Markets Investor Class2.64%$0.4076.80%
0M2A.LAdeia Inc.2.63%$0.3553.29%
ALLYAlly Financial Inc.2.63%$1.2059.56%
FRAFFranklin Financial Services Corporation2.63%$1.2836.88%
LEALear Corporation2.63%$3.1237.81%
VHIValhi, Inc.2.63%$0.3249.46%
FHIFederated Hermes, Inc.2.62%$1.3727.23%
MKCMcCormick & Company, Incorporated2.62%$1.7661.04%
SLBSLB N.V.2.62%$1.0542.94%
BAHBooz Allen Hamilton Holding Corporation2.61%$2.2233.15%
GILDGilead Sciences, Inc.2.61%$3.1849.10%
AWRAmerican States Water Company2.60%$1.8855.89%
CBANColony Bankcorp, Inc.2.59%$0.4628.75%
MDUMDU Resources Group, Inc.2.59%$0.5162.41%
PLBCPlumas Bancorp2.59%$1.1427.38%
CRD-ACrawford & Company2.58%$0.2843.18%
WBSWebster Financial Corporation2.57%$1.6429.21%
FANGDiamondback Energy, Inc.2.56%$3.9026.98%
JEFJefferies Financial Group Inc.2.56%$1.6349.77%
UNHUnitedHealth Group Incorporated2.56%$8.6044.61%
DOXAmdocs Limited2.55%$2.0439.68%
DVNDevon Energy Corporation2.55%$0.9622.55%
TGNATEGNA Inc.2.55%$0.4923.26%
CFFIC&F Financial Corporation2.54%$1.8022.24%
MTHMeritage Homes Corporation2.54%$1.6821.92%
DTMDT Midstream, Inc.2.52%$3.0477.42%
LEVILevi Strauss & Co.2.52%$0.5234.78%
NFGNational Fuel Gas Company2.52%$2.0736.34%
AMNBAmerican National Bankshares Inc.2.51%$1.2048.76%
HIMYXPioneer High Income Municipal Fund Class Y2.51%$0.1481.31%
ACNBACNB Corporation2.50%$1.1837.66%
FMBHFirst Mid Bancshares, Inc.2.50%$0.9626.52%