Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SKS Technologies Group Limited (SKS.AX)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$3.22 - $6.83$4.57
Multi-Stage$14.53 - $16.06$15.28
Blended Fair Value$9.92
Current Price$1.90
Upside422.28%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%0.00%0.020.000.000.000.000.000.000.000.000.00
YoY Growth--925.83%-19.74%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--1.07%0.20%1.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)20.51
(-) Cash Dividends Paid (M)2.47
(=) Cash Retained (M)18.04
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.102.561.54
Cash Retained (M)18.0418.0418.04
(-) Cash Required (M)-4.10-2.56-1.54
(=) Excess Retained (M)13.9315.4716.50
(/) Shares Outstanding (M)110.99110.99110.99
(=) Excess Retained per Share0.130.140.15
LTM Dividend per Share0.020.020.02
(+) Excess Retained per Share0.130.140.15
(=) Adjusted Dividend0.150.160.17
WACC / Discount Rate2.50%2.50%2.50%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.22$4.57$6.83
Upside / Downside69.36%140.58%259.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)20.5120.3020.1019.9019.7019.5020.09
Payout Ratio12.05%27.64%43.23%58.82%74.41%90.00%92.50%
Projected Dividends (M)2.475.618.6911.7014.6617.5518.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.50%2.50%2.50%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)5.425.475.53
Year 2 PV (M)8.108.278.44
Year 3 PV (M)10.5410.8711.20
Year 4 PV (M)12.7513.2813.82
Year 5 PV (M)14.7415.5116.31
PV of Terminal Value (M)1,560.781,642.061,726.68
Equity Value (M)1,612.341,695.461,781.98
Shares Outstanding (M)110.99110.99110.99
Fair Value$14.53$15.28$16.06
Upside / Downside664.57%703.98%745.01%

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