Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Itaúsa S.A. (ITSA3.SA)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$31.55 - $78.16$47.22
Multi-Stage$34.37 - $37.59$35.95
Blended Fair Value$41.58
Current Price$11.47
Upside262.53%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-20.79%5.22%0.290.420.350.310.420.920.610.290.270.23
YoY Growth---31.13%18.44%15.47%-27.01%-54.63%51.58%108.28%10.00%13.95%34.73%
Dividend Yield--3.04%4.71%5.64%4.30%6.76%17.95%9.25%4.89%7.05%8.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)15,909.00
(-) Cash Dividends Paid (M)12,835.00
(=) Cash Retained (M)3,074.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,181.801,988.631,193.18
Cash Retained (M)3,074.003,074.003,074.00
(-) Cash Required (M)-3,181.80-1,988.63-1,193.18
(=) Excess Retained (M)-107.801,085.381,880.83
(/) Shares Outstanding (M)10,916.0310,916.0310,916.03
(=) Excess Retained per Share-0.010.100.17
LTM Dividend per Share1.181.181.18
(+) Excess Retained per Share-0.010.100.17
(=) Adjusted Dividend1.171.281.35
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate3.22%4.22%5.22%
Fair Value$31.55$47.22$78.16
Upside / Downside175.04%311.65%581.45%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)15,909.0016,579.7917,278.8718,007.4218,766.6919,557.9820,144.72
Payout Ratio80.68%82.54%84.41%86.27%88.14%90.00%92.50%
Projected Dividends (M)12,835.0013,685.3114,584.5015,535.1916,540.1217,602.1818,633.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate3.22%4.22%5.22%
Year 1 PV (M)12,663.5912,786.2812,908.97
Year 2 PV (M)12,488.1012,731.2512,976.75
Year 3 PV (M)12,309.0312,670.2713,038.51
Year 4 PV (M)12,126.8612,603.7013,094.45
Year 5 PV (M)11,942.0412,531.8613,144.75
PV of Terminal Value (M)313,606.97329,095.92345,190.91
Equity Value (M)375,136.61392,419.28410,354.35
Shares Outstanding (M)10,916.0310,916.0310,916.03
Fair Value$34.37$35.95$37.59
Upside / Downside199.61%213.42%227.74%

High-Yield Dividend Screener

« Prev Page 15 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
1908.HKC&D International Investment Group Limited7.31%$1.1225.81%
2529.HKHollwin Urban Operation Service Group Co., Ltd7.31%$0.2224.64%
BMOB3.SABemobi Mobile Tech S.A.7.31%$1.6192.50%
CAMB3.SACambuci S.A.7.30%$0.7245.75%
CIP.AXCenturia Industrial REIT7.30%$0.2484.35%
NEO.BKNeo Corporate PCL7.30%$1.3550.11%
QTC.BKQTC Energy Public Company Limited7.30%$0.2597.23%
WHATS.BRWhat's Cooking Group NV/SA7.29%$8.2032.94%
C5H.IRCairn Homes plc7.28%$0.1544.15%
DOHI.QADoha Insurance Group Q.P.S.C.7.28%$0.1946.40%
STRN.SWSchlatter Industries AG7.28%$1.5052.09%
HDN.AXHomeCo Daily Needs REIT7.27%$0.1062.96%
IPCM.JKPT Jasa Armada Indonesia Tbk7.27%$26.1977.38%
O39.SIOversea-Chinese Banking Corporation Limited7.27%$1.4449.91%
THIP.BKThantawan Industry Public Company Limited7.27%$1.6450.43%
C6L.SISingapore Airlines Limited7.26%$0.4745.79%
SAPPE.BKSappe Public Company Limited7.26%$2.2382.18%
QIP.AXQANTM Intellectual Property Limited7.25%$0.1392.42%
KUOA.MXGrupo KUO, S.A.B. de C.V.7.24%$4.3464.64%
OYY.SIPropNex Limited7.24%$0.1493.41%
7035.KLCCK Consolidated Holdings Berhad7.23%$0.0976.61%
SOGN.OLSogn Sparebank7.22%$20.0011.36%
0QN6.LSF Urban Properties AG7.21%$7.2563.89%
WBC.AXWestpac Banking Corporation7.21%$2.8174.44%
120110.KSKolon Industries, Inc.7.20%$3,060.7698.52%
MILS3.SAMills Locação, Serviços e Logística S.A.7.20%$1.0181.51%
UZU.DEUzin Utz AG7.20%$5.1146.82%
3296.TNIPPON REIT Investment Corporation7.19%$7,108.4763.73%
600035.SSHubei Chutian Smart Communication Co.,Ltd.7.19%$0.2866.74%
036460.KSKorea Gas Corporation7.17%$2,752.5029.13%
HABITAT.SNAdministradora de Fondos de Pensiones Habitat S.A.7.17%$110.0070.97%
ITUB3.SAItaú Unibanco Holding S.A.7.17%$2.6064.54%
SAMF.JKPT Saraswanti Anugerah Makmur, Tbk7.17%$22.2285.61%
0HM0.LVGP N.V.7.16%$7.0036.73%
VLS.AXVita Life Sciences Limited7.16%$0.1855.52%
CRBN.ASCorbion N.V.7.15%$1.3455.86%
0586.HKChina Conch Venture Holdings Limited7.14%$0.6929.51%
600011.SSHuaneng Power International, Inc.7.14%$0.5357.39%
IFII.JKPT Indonesia Fibreboard Industry Tbk7.14%$16.0070.24%
UNTR.JKPT United Tractors Tbk7.14%$2,150.1250.66%
4987.TWOGodex International Co., Ltd7.12%$5.1885.38%
2328.HKPICC Property and Casualty Company Limited7.11%$1.1842.87%
CXSE3.SACaixa Seguridade Participações S.A.7.11%$1.1880.41%
PUB.PAPublicis Groupe S.A.7.11%$6.2349.76%
600057.SSXiamen Xiangyu Co., Ltd.7.10%$0.6177.47%
MYPK3.SAIochpe-Maxion S.A.7.09%$0.7051.81%
PRM-R.BKPrima Marine Public Company Limited7.09%$0.4949.90%
601187.SSXiamen Bank Co., Ltd.7.08%$0.5252.74%
014130.KSHanexpress.Co., Ltd7.07%$213.2520.61%
0NY3.LSTEF S.a.7.07%$9.1944.77%