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Valid Soluções S.A. (VLID3.SA)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$35.22 - $58.67$45.56
Multi-Stage$69.15 - $76.03$72.53
Blended Fair Value$59.04
Current Price$21.15
Upside179.16%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-10.25%-3.03%0.311.240.300.030.560.540.130.320.310.39
YoY Growth---74.77%313.71%1,069.87%-95.45%4.80%300.06%-57.60%2.61%-20.20%-9.10%
Dividend Yield--1.33%6.73%3.10%0.26%6.18%5.87%0.71%1.78%1.52%1.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)239.53
(-) Cash Dividends Paid (M)106.93
(=) Cash Retained (M)132.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.9129.9417.96
Cash Retained (M)132.60132.60132.60
(-) Cash Required (M)-47.91-29.94-17.96
(=) Excess Retained (M)84.70102.66114.64
(/) Shares Outstanding (M)79.0679.0679.06
(=) Excess Retained per Share1.071.301.45
LTM Dividend per Share1.351.351.35
(+) Excess Retained per Share1.071.301.45
(=) Adjusted Dividend2.422.652.80
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate-0.42%0.58%1.58%
Fair Value$35.22$45.56$58.67
Upside / Downside66.54%115.41%177.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)239.53240.91242.30243.70245.11246.52253.92
Payout Ratio44.64%53.71%62.78%71.86%80.93%90.00%92.50%
Projected Dividends (M)106.93129.40152.13175.11198.36221.87234.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate-0.42%0.58%1.58%
Year 1 PV (M)120.37121.58122.79
Year 2 PV (M)131.65134.30136.99
Year 3 PV (M)140.97145.26149.63
Year 4 PV (M)148.54154.60160.84
Year 5 PV (M)154.56162.48170.71
PV of Terminal Value (M)4,771.035,015.455,269.79
Equity Value (M)5,467.115,733.676,010.76
Shares Outstanding (M)79.0679.0679.06
Fair Value$69.15$72.53$76.03
Upside / Downside226.97%242.91%259.48%

High-Yield Dividend Screener

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