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Helloworld Travel Limited (HLO.AX)

Company Dividend Discount ModelIndustry: Travel ServicesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$2.39 - $3.40$2.89
Multi-Stage$6.31 - $6.95$6.62
Blended Fair Value$4.76
Current Price$1.43
Upside232.64%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-3.08%0.00%0.140.110.120.000.000.170.150.110.060.00
YoY Growth--28.90%-5.37%0.00%0.00%-100.00%13.65%30.39%88.59%0.00%0.00%
Dividend Yield--9.93%4.92%4.29%0.00%0.00%7.38%2.97%2.37%1.49%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)59.31
(-) Cash Dividends Paid (M)40.03
(=) Cash Retained (M)19.28
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.867.414.45
Cash Retained (M)19.2819.2819.28
(-) Cash Required (M)-11.86-7.41-4.45
(=) Excess Retained (M)7.4111.8614.83
(/) Shares Outstanding (M)158.82158.82158.82
(=) Excess Retained per Share0.050.070.09
LTM Dividend per Share0.250.250.25
(+) Excess Retained per Share0.050.070.09
(=) Adjusted Dividend0.300.330.35
WACC / Discount Rate6.77%6.77%6.77%
Growth Rate-5.08%-4.08%-3.08%
Fair Value$2.39$2.89$3.40
Upside / Downside67.44%102.14%137.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)59.3156.8954.5852.3550.2248.1749.62
Payout Ratio67.50%72.00%76.50%81.00%85.50%90.00%92.50%
Projected Dividends (M)40.0340.9641.7542.4042.9443.3545.89

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.77%6.77%6.77%
Growth Rate-5.08%-4.08%-3.08%
Year 1 PV (M)37.9738.3738.77
Year 2 PV (M)35.8636.6237.39
Year 3 PV (M)33.7634.8435.94
Year 4 PV (M)31.6833.0434.44
Year 5 PV (M)29.6531.2532.91
PV of Terminal Value (M)832.91877.72924.43
Equity Value (M)1,001.841,051.841,103.88
Shares Outstanding (M)158.82158.82158.82
Fair Value$6.31$6.62$6.95
Upside / Downside341.13%363.15%386.06%

High-Yield Dividend Screener

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