Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Wihlborgs Fastigheter AB (publ) (WIHL.ST)

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

Valuation Snapshot

Stable Growth$661.51 - $1,442.59$1,351.92
Multi-Stage$218.39 - $239.00$228.51
Blended Fair Value$790.21
Current Price$92.05
Upside758.46%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.94%11.46%3.153.103.002.632.251.871.561.441.311.19
YoY Growth--1.57%3.36%14.25%16.62%20.14%20.00%8.60%9.68%10.41%11.62%
Dividend Yield--3.19%3.20%3.78%5.32%5.43%5.42%4.85%5.95%6.17%5.51%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,230.00
(-) Cash Dividends Paid (M)984.00
(=) Cash Retained (M)1,246.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)446.00278.75167.25
Cash Retained (M)1,246.001,246.001,246.00
(-) Cash Required (M)-446.00-278.75-167.25
(=) Excess Retained (M)800.00967.251,078.75
(/) Shares Outstanding (M)307.43307.43307.43
(=) Excess Retained per Share2.603.153.51
LTM Dividend per Share3.203.203.20
(+) Excess Retained per Share2.603.153.51
(=) Adjusted Dividend5.806.356.71
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate5.50%6.50%7.50%
Fair Value$661.51$1,351.92$1,442.59
Upside / Downside618.64%1,368.68%1,467.18%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,230.002,374.952,529.322,693.732,868.823,055.293,146.95
Payout Ratio44.13%53.30%62.48%71.65%80.83%90.00%92.50%
Projected Dividends (M)984.001,265.861,580.201,930.062,318.732,749.762,910.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,178.261,189.431,200.60
Year 2 PV (M)1,369.071,395.151,421.47
Year 3 PV (M)1,556.481,601.161,646.69
Year 4 PV (M)1,740.521,807.451,876.30
Year 5 PV (M)1,921.242,014.042,110.38
PV of Terminal Value (M)59,373.9362,241.7265,219.26
Equity Value (M)67,139.5170,248.9573,474.70
Shares Outstanding (M)307.43307.43307.43
Fair Value$218.39$228.51$239.00
Upside / Downside137.25%148.24%159.64%

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