Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Royce Micro-Cap Trust, Inc. (RMT)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$1.91 - $2.38$2.17
Multi-Stage$3.03 - $3.42$3.22
Blended Fair Value$2.69
Current Price$9.25
Upside-70.88%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-45.80%-34.57%0.020.290.340.330.410.440.470.020.370.69
YoY Growth---92.86%-15.56%3.83%-20.09%-6.50%-5.94%2,491.06%-95.15%-46.21%-51.67%
Dividend Yield--0.21%3.16%3.92%2.84%4.06%5.14%6.29%0.19%4.55%9.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)109.29
(-) Cash Dividends Paid (M)35.28
(=) Cash Retained (M)74.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)21.8613.668.20
Cash Retained (M)74.0074.0074.00
(-) Cash Required (M)-21.86-13.66-8.20
(=) Excess Retained (M)52.1460.3465.81
(/) Shares Outstanding (M)63.5863.5863.58
(=) Excess Retained per Share0.820.951.03
LTM Dividend per Share0.550.550.55
(+) Excess Retained per Share0.820.951.03
(=) Adjusted Dividend1.381.501.59
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-36.57%-35.57%-34.57%
Fair Value$1.91$2.17$2.38
Upside / Downside-79.36%-76.55%-74.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)109.2970.4145.3629.2318.8312.1312.49
Payout Ratio32.29%43.83%55.37%66.91%78.46%90.00%92.50%
Projected Dividends (M)35.2830.8625.1219.5614.7710.9211.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-36.57%-35.57%-34.57%
Year 1 PV (M)27.8528.2928.73
Year 2 PV (M)20.4521.1021.76
Year 3 PV (M)14.3715.0615.77
Year 4 PV (M)9.8010.4311.09
Year 5 PV (M)6.537.067.63
PV of Terminal Value (M)113.41122.63132.45
Equity Value (M)192.40204.57217.43
Shares Outstanding (M)63.5863.5863.58
Fair Value$3.03$3.22$3.42
Upside / Downside-67.29%-65.22%-63.03%

High-Yield Dividend Screener

« Prev Page 21 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SFLEX.BKStarflex Public Company Limited6.18%$0.1957.09%
SSP-R.BKSermsang Power Corporation Public Company Limited6.18%$0.2038.47%
002960.KSHankook Shell Oil Co.,Ltd.6.17%$27,000.0086.18%
ANHYT.ISAnadolu Hayat Emeklilik Anonim Sirketi6.17%$6.0047.92%
ARCAD.ASArcadis N.V.6.17%$2.2052.16%
BPFI.JKPT Woori Finance Indonesia Tbk6.17%$19.6167.05%
CSW-A.TOCorby Spirit and Wine Limited6.17%$0.9191.53%
2357.HKAviChina Industry & Technology Company Limited6.16%$0.2650.61%
5465.TWOLoyalty Founder Enterprise Co.,Ltd.6.16%$1.8096.24%
600873.SSMeiHua Holdings Group Co.,Ltd6.16%$0.6246.40%
REACH.OLReach Subsea ASA6.16%$0.4257.18%
600982.SSNingbo Energy Group Co.,Ltd.6.15%$0.2790.53%
AXIO.JKPT Tera Data Indonusa Tbk6.15%$8.0082.23%
HARN.BKHarn Engineering Solutions Public Company Limited6.15%$0.1286.99%
NET-UN.VCanadian Net Real Estate Investment Trust6.15%$0.3552.87%
PARKEN.COPARKEN Sport & Entertainment A/S6.15%$9.2387.46%
300720.KSHanil Cement Co., Ltd.6.14%$1,056.6378.51%
N0Z.SICombine Will International Holdings Limited6.14%$0.086.18%
WHAUP-R.BKWHA Utilities and Power Public Company Limited6.14%$0.2688.80%
007340.KSDN Automotive Corporation6.13%$1,446.0030.12%
0RGB.LInvestment AB Öresund (publ)6.13%$7.2483.15%
1604.TWSampo Corporation6.13%$1.4985.47%
2850.TWShinkong Insurance Co., Ltd.6.13%$7.1464.89%
5520.TWOLih Tai Construction Enterprise Co., Ltd.6.13%$5.4754.22%
600000.SSShanghai Pudong Development Bank Co., Ltd.6.13%$0.7647.27%
CMOCTEZ.MXCorporación Moctezuma, S.A.B. de C.V.6.13%$5.0369.41%
GPROFUT.MXGrupo Profuturo, S.A.B. de C.V.6.13%$7.3555.28%
006060.KSHWASEUNG Industries Co.,Ltd.6.12%$220.7748.43%
ALUCON.BKAlucon Public Company Limited6.12%$12.0049.20%
TLKM.JKPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk6.12%$212.4696.73%
5863.TWOTaipei Star Bank6.11%$0.7350.01%
6959.HKChangjiu Holdings Limited6.11%$0.3926.88%
AMUN.PAAmundi S.A.6.11%$4.3532.56%
OEWA.DEVerbund AG6.11%$3.8378.19%
9951.TWOMacauto Industrial Co., Ltd.6.10%$3.3982.90%
0QOQ.LPartners Group Holding AG6.09%$59.8683.68%
1086.HKGoodbaby International Holdings Limited6.09%$0.0718.25%
2161.HKJBM (Healthcare) Limited6.09%$0.1634.56%
600866.SSStar Lake Bioscience Co., Inc.Zhaoqing Guangdong6.08%$0.4254.80%
6419.TMars Group Holdings Corporation6.08%$194.7249.68%
BNSThe Bank of Nova Scotia6.08%$4.5372.38%
0101.HKHang Lung Properties Limited6.07%$0.5354.73%
3295.THulic Reit, Inc.6.07%$10,716.7069.01%
TGKA.JKPT Tigaraksa Satria Tbk6.07%$300.0071.55%
2836.KLCarlsberg Brewery Malaysia Berhad6.06%$1.0186.19%
002966.SZBank of Suzhou Co., Ltd.6.05%$0.5041.79%
019440.KSSeAH SPECIALSTEEL Co. Ltd.6.05%$1,001.3064.69%
2832.TWTaiwan Fire & Marine Insurance Co., Ltd.6.05%$3.0565.35%
BHP.AXBHP Group Limited6.05%$2.7783.22%
PGF.AXPM Capital Global Opportunities Fund Limited6.05%$0.1837.96%