Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

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

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

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
Upside16.11%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS2.02%4.84%0.570.370.641.621.120.510.030.170.000.01
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
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,326.46829.03497.42
Cash Retained (M)2,388.562,388.562,388.56
(-) Cash Required (M)-1,326.46-829.03-497.42
(=) Excess Retained (M)1,062.101,559.521,891.14
(/) Shares Outstanding (M)2,311.512,311.512,311.51
(=) Excess Retained per Share0.460.670.82
LTM Dividend per Share1.841.841.84
(+) Excess Retained per Share0.460.670.82
(=) Adjusted Dividend2.302.512.65
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate2.84%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)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6,632.286,887.187,151.877,426.747,712.178,008.578,248.83
Payout Ratio63.99%69.19%74.39%79.59%84.80%90.00%92.50%
Projected Dividends (M)4,243.724,765.155,320.395,911.276,539.707,207.727,630.17

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate2.84%3.84%4.84%
Year 1 PV (M)4,440.254,483.424,526.60
Year 2 PV (M)4,619.614,709.884,801.03
Year 3 PV (M)4,782.704,923.585,067.19
Year 4 PV (M)4,930.405,124.985,325.26
Year 5 PV (M)5,063.525,314.535,575.40
PV of Terminal Value (M)163,241.01171,333.26179,743.29
Equity Value (M)187,077.49195,889.65205,038.77
Shares Outstanding (M)2,311.512,311.512,311.51
Fair Value$80.93$84.75$88.70
Upside / Downside-1.90%2.72%7.52%

High-Yield Dividend Screener

« Prev Page 17 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SAHSonic Automotive, Inc.2.13%$1.3135.28%
AIG-PAAmerican International Group, Inc.2.12%$1.6930.01%
LANCLancaster Colony Corporation2.11%$3.8261.80%
TDACTranslational Development Acquisition Corp.2.10%$0.2279.86%
FASTFastenal Company2.09%$0.8579.50%
FDUSFidus Investment Corporation2.09%$0.4117.86%
IBOCInternational Bancshares Corporation2.09%$1.4020.70%
SMRSXALPS/Smith Short Duration Bond Investor2.09%$0.2298.81%
SSSSSuRo Capital Corp.2.09%$0.208.46%
MLRMiller Industries, Inc.2.08%$0.7830.00%
OACCOaktree Acquisition Corp. III Life Sciences2.08%$0.2261.74%
FCCOFirst Community Corporation2.07%$0.6025.08%
GNTXGentex Corporation2.07%$0.4928.42%
OACCUOaktree Acquisition Corp. III Life Sciences Unit2.07%$0.2261.74%
DLBDolby Laboratories, Inc.2.06%$1.3149.64%
APOGApogee Enterprises, Inc.2.05%$0.7737.24%
CAKEThe Cheesecake Factory Incorporated2.05%$1.0832.74%
EWBCEast West Bancorp, Inc.2.05%$2.3625.97%
ALFCenturion Acquisition Corp.2.04%$0.2251.38%
ATOAtmos Energy Corporation2.04%$3.4546.19%
OVLYOak Valley Bancorp2.04%$0.6129.73%
0HYE.LCincinnati Financial Corporation2.03%$3.2824.36%
AOSA. O. Smith Corporation2.03%$1.3936.68%
ACTEnact Holdings, Inc.2.02%$0.8018.03%
ARKOArko Corp.2.02%$0.0955.86%
KFYKorn Ferry2.02%$1.3426.97%
0H68.LAflac Incorporated2.01%$2.2028.14%
LENLennar Corporation2.01%$2.1025.46%
AVYAvery Dennison Corporation2.00%$3.6641.17%
RHLDResolute Holdings Management, Inc.2.00%$3.7422.61%
ALFUUCenturion Acquisition Corp. Unit1.99%$0.2251.38%
GNTYGuaranty Bancshares, Inc.1.99%$0.9730.69%
NCNACCO Industries, Inc.1.99%$0.9524.54%
QCOMQUALCOMM Incorporated1.99%$3.4468.67%
THGThe Hanover Insurance Group, Inc.1.98%$3.5520.46%
CNMDCONMED Corporation1.97%$0.8038.60%
FBINFortune Brands Innovations, Inc.1.97%$1.0036.69%
FEIMFrequency Electronics, Inc.1.97%$1.0046.25%
RPMRPM International Inc.1.97%$2.0437.93%
BNJBrookfield Finance Inc. 4.50% P1.96%$0.3070.51%
MTGMGIC Investment Corporation1.96%$0.5717.51%
CCSCentury Communities, Inc.1.95%$1.1516.06%
0K6F.LNetApp, Inc.1.94%$2.0735.51%
BLKBlackRock, Inc.1.94%$21.0053.94%
FNB-PEF.N.B. Corporation1.94%$0.4834.55%
0L4F.LSealed Air Corporation1.93%$0.8030.13%
AEOAmerican Eagle Outfitters, Inc.1.93%$0.5142.14%
SLGNSilgan Holdings Inc.1.93%$0.8026.98%
FSFGFirst Savings Financial Group, Inc.1.92%$0.6123.93%
GENGen Digital Inc.1.92%$0.5054.91%