Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SalMar ASA (SALM.OL)

Company Dividend Discount ModelIndustry: Agricultural Farm ProductsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$203.91 - $542.08$312.01
Multi-Stage$136.24 - $149.03$142.52
Blended Fair Value$227.26
Current Price$533.00
Upside-57.36%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.55%17.95%35.3420.7317.7617.0611.0919.5716.2010.318.508.49
YoY Growth--70.44%16.72%4.09%53.85%-43.31%20.76%57.19%21.32%0.09%25.24%
Dividend Yield--7.01%3.04%3.90%2.44%1.88%5.63%3.90%3.12%4.59%4.18%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,150.00
(-) Cash Dividends Paid (M)49.00
(=) Cash Retained (M)1,101.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)230.00143.7586.25
Cash Retained (M)1,101.001,101.001,101.00
(-) Cash Required (M)-230.00-143.75-86.25
(=) Excess Retained (M)871.00957.251,014.75
(/) Shares Outstanding (M)132.52132.52132.52
(=) Excess Retained per Share6.577.227.66
LTM Dividend per Share0.370.370.37
(+) Excess Retained per Share6.577.227.66
(=) Adjusted Dividend6.947.598.03
WACC / Discount Rate9.09%9.09%9.09%
Growth Rate5.50%6.50%7.50%
Fair Value$203.91$312.01$542.08
Upside / Downside-61.74%-41.46%1.70%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,150.001,224.751,304.361,389.141,479.441,575.601,622.87
Payout Ratio4.26%21.41%38.56%55.70%72.85%90.00%92.50%
Projected Dividends (M)49.00262.20502.92773.811,077.801,418.041,501.15

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.09%9.09%9.09%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)238.09240.35242.61
Year 2 PV (M)414.68422.58430.55
Year 3 PV (M)579.38596.02612.96
Year 4 PV (M)732.79760.97789.96
Year 5 PV (M)875.47917.75961.66
PV of Terminal Value (M)15,213.3615,948.1716,711.11
Equity Value (M)18,053.7818,885.8519,748.85
Shares Outstanding (M)132.52132.52132.52
Fair Value$136.24$142.52$149.03
Upside / Downside-74.44%-73.26%-72.04%

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%