Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

ATCO Ltd. (ACO-X.TO)

Company Dividend Discount ModelIndustry: Diversified UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$41.14 - $66.13$52.42
Multi-Stage$85.30 - $93.79$89.46
Blended Fair Value$70.94
Current Price$50.78
Upside39.71%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.41%8.31%1.961.911.881.821.781.651.541.331.161.01
YoY Growth--2.33%1.90%2.93%2.50%7.53%7.51%15.33%14.50%14.91%15.15%
Dividend Yield--3.90%5.09%4.33%4.25%4.26%4.24%3.40%3.22%2.25%2.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)439.00
(-) Cash Dividends Paid (M)223.00
(=) Cash Retained (M)216.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)87.8054.8832.93
Cash Retained (M)216.00216.00216.00
(-) Cash Required (M)-87.80-54.88-32.93
(=) Excess Retained (M)128.20161.13183.08
(/) Shares Outstanding (M)112.49112.49112.49
(=) Excess Retained per Share1.141.431.63
LTM Dividend per Share1.981.981.98
(+) Excess Retained per Share1.141.431.63
(=) Adjusted Dividend3.123.413.61
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate-1.02%-0.02%0.98%
Fair Value$41.14$52.42$66.13
Upside / Downside-18.99%3.24%30.22%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)439.00438.93438.85438.78438.71438.64451.80
Payout Ratio50.80%58.64%66.48%74.32%82.16%90.00%92.50%
Projected Dividends (M)223.00257.38291.74326.10360.44394.77417.91

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate-1.02%-0.02%0.98%
Year 1 PV (M)239.26241.68244.09
Year 2 PV (M)252.12257.24262.41
Year 3 PV (M)261.97269.99278.17
Year 4 PV (M)269.18280.22291.60
Year 5 PV (M)274.06288.19302.89
PV of Terminal Value (M)8,298.648,726.399,171.60
Equity Value (M)9,595.2310,063.7110,550.77
Shares Outstanding (M)112.49112.49112.49
Fair Value$85.30$89.46$93.79
Upside / Downside67.98%76.18%84.71%

High-Yield Dividend Screener

« Prev Page 19 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
2979.TSOSiLA Logistics REIT, Inc.6.51%$8,225.4581.63%
5135.KLSarawak Plantation Berhad6.51%$0.2057.64%
TOTB.DETotalEnergies SE6.51%$3.6556.75%
0QNK.LWarteck Invest AG6.49%$126.0080.72%
6605.TWDepo Auto Parts Industrial Co., Ltd.6.49%$8.9365.56%
INCLU.BRInclusio S.A.6.49%$1.1617.79%
TUGU.JKPT Asuransi Tugu Pratama Indonesia Tbk6.49%$76.8936.75%
014580.KSTaekyung Bk Co., Ltd6.48%$298.2330.77%
3485.TWOEclat Forever Machinery Co., Ltd.6.48%$8.8769.07%
3933.HKThe United Laboratories International Holdings Limited6.48%$0.7623.13%
JBH.AXJB Hi-Fi Limited6.48%$6.2475.94%
SGLLV.AXRicegrowers Limited6.48%$1.0754.55%
SJOVA.ICSjóvá-Almennar tryggingar hf.6.48%$2.8390.10%
010960.KSSamho Development Co., Ltd.6.47%$239.2128.41%
FIBRAMQ12.MXFIBRA Macquarie México6.47%$2.1939.90%
FWD.AXFleetwood Limited6.47%$0.1894.88%
VLID3.SAValid Soluções S.A.6.46%$1.3644.64%
214320.KSInnocean Worldwide Inc.6.45%$1,180.0956.54%
3481.TMitsubishi Estate Logistics REIT Investment Corporation6.45%$8,568.4374.88%
TMW.BKThai Mitsuwa Public Company Limited6.45%$3.6127.20%
IMPACT.BKImpact Growth Real Estate Investment Trust6.44%$0.6790.64%
1969.HKChina Chunlai Education Group Co., Ltd.6.43%$0.2318.54%
ALICA.PAIcape Holding S.A.6.43%$0.3845.20%
KBANK-R.BKKasikornbank Public Company Limited6.43%$12.5059.49%
KUMWEL.BKKumwell Corporation Public Company Limited6.43%$0.0745.73%
SLL.DESBO AG6.42%$1.7584.82%
TFF.PATFF Group6.42%$1.2330.40%
8958.TGlobal One Real Estate Investment Corp.6.41%$8,838.2459.36%
AALLON.HEAallon Group Oyj6.41%$0.6863.85%
PL8.AXPlato Income Maximiser Limited6.41%$0.0947.21%
PTT-R.BKPTT Public Company Limited6.41%$2.0578.59%
461300.KQi-Scream Media Co. Ltd.6.39%$1,098.5144.35%
FLRY3.SAFleury S.A.6.39%$0.9586.00%
000666.SZJingwei Textile Machinery Company Limited6.38%$0.5740.17%
013870.KSGMB Korea Corp.6.38%$256.3527.15%
2669.HKChina Overseas Property Holdings Limited6.38%$0.2929.88%
NRP.ASNEPI Rockcastle S.A.6.38%$0.4730.96%
2247.TWPan German Universal Motors Ltd.6.37%$17.9678.50%
MSC.BKMetro Systems Corporation Public Company Limited6.37%$0.5073.61%
017800.KSHyundai Elevator Co., Ltd6.36%$5,588.0485.50%
035250.KSKangwon Land, Inc.6.36%$1,169.5764.65%
5108.TBridgestone Corporation6.36%$223.5463.02%
FSHOP13.MXFibra Shop6.36%$0.5814.91%
FTREIT.BKFrasers Property Thailand Industrial Freehold & Leasehold REIT6.36%$0.7582.90%
0RG6.LFlughafen Zürich AG6.35%$11.0051.63%
0ZQ7.LInstone Real Estate Group SE6.35%$0.5079.32%
ENEL.MIEnel S.p.A.6.35%$0.5790.97%
STANLY.BKThai Stanley Electric Public Company Limited6.35%$12.0052.87%
TASCO-R.BKTipco Asphalt Public Company Limited6.35%$0.8788.88%
603279.SSJingjin Equipment Inc.6.34%$1.0799.67%