Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Diƶs Fastigheter AB (publ) (DIOS.ST)

Company Dividend Discount ModelIndustry: Real Estate - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$942.30 - $1,110.41$1,040.52
Multi-Stage$390.84 - $429.26$409.69
Blended Fair Value$725.10
Current Price$65.30
Upside1,010.42%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-29.37%-8.47%0.502.382.623.131.562.852.751.901.501.50
YoY Growth---78.93%-9.16%-16.25%100.45%-45.30%3.59%44.98%26.29%0.00%23.84%
Dividend Yield--0.75%2.77%3.80%3.05%2.17%4.30%3.63%3.37%3.42%3.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)799.00
(-) Cash Dividends Paid (M)78.00
(=) Cash Retained (M)721.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)159.8099.8859.93
Cash Retained (M)721.00721.00721.00
(-) Cash Required (M)-159.80-99.88-59.93
(=) Excess Retained (M)561.20621.13661.08
(/) Shares Outstanding (M)141.62141.62141.62
(=) Excess Retained per Share3.964.394.67
LTM Dividend per Share0.550.550.55
(+) Excess Retained per Share3.964.394.67
(=) Adjusted Dividend4.514.945.22
WACC / Discount Rate4.43%4.43%4.43%
Growth Rate4.39%5.39%6.39%
Fair Value$942.30$1,040.52$1,110.41
Upside / Downside1,343.04%1,493.44%1,600.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)799.00842.06887.45935.28985.681,038.811,069.97
Payout Ratio9.76%25.81%41.86%57.90%73.95%90.00%92.50%
Projected Dividends (M)78.00217.33371.46541.57728.94934.93989.72

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.43%4.43%4.43%
Growth Rate4.39%5.39%6.39%
Year 1 PV (M)206.14208.11210.09
Year 2 PV (M)334.17340.60347.09
Year 3 PV (M)462.09475.50489.16
Year 4 PV (M)589.91612.85636.44
Year 5 PV (M)717.63752.67789.06
PV of Terminal Value (M)53,041.3755,631.0758,320.94
Equity Value (M)55,351.3158,020.7960,792.78
Shares Outstanding (M)141.62141.62141.62
Fair Value$390.84$409.69$429.26
Upside / Downside498.52%527.39%557.36%

High-Yield Dividend Screener

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