Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

2G Energy AG (2GB.DE)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$400.02 - $471.30$441.67
Multi-Stage$283.99 - $311.71$297.59
Blended Fair Value$369.63
Current Price$31.05
Upside1,090.44%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.88%6.41%0.170.140.130.110.110.110.100.100.090.09
YoY Growth--21.43%12.00%11.11%1.24%0.00%7.14%5.00%8.11%0.00%0.00%
Dividend Yield--0.74%0.63%0.53%0.44%0.49%0.99%1.93%2.17%1.99%1.69%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)42.51
(-) Cash Dividends Paid (M)6.64
(=) Cash Retained (M)35.88
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.505.313.19
Cash Retained (M)35.8835.8835.88
(-) Cash Required (M)-8.50-5.31-3.19
(=) Excess Retained (M)27.3730.5632.69
(/) Shares Outstanding (M)17.9417.9417.94
(=) Excess Retained per Share1.531.701.82
LTM Dividend per Share0.370.370.37
(+) Excess Retained per Share1.531.701.82
(=) Adjusted Dividend1.902.072.19
WACC / Discount Rate1.36%1.36%1.36%
Growth Rate5.50%6.50%7.50%
Fair Value$400.02$441.67$471.30
Upside / Downside1,188.32%1,322.46%1,417.86%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)42.5145.2848.2251.3654.6958.2560.00
Payout Ratio15.61%30.49%45.37%60.25%75.12%90.00%92.50%
Projected Dividends (M)6.6413.8121.8830.9441.0952.4255.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate1.36%1.36%1.36%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)13.4913.6213.75
Year 2 PV (M)20.8921.2921.69
Year 3 PV (M)28.8829.7130.55
Year 4 PV (M)37.4838.9240.40
Year 5 PV (M)46.7348.9951.33
PV of Terminal Value (M)4,947.275,186.225,434.32
Equity Value (M)5,094.745,338.755,592.05
Shares Outstanding (M)17.9417.9417.94
Fair Value$283.99$297.59$311.71
Upside / Downside814.61%858.42%903.89%

High-Yield Dividend Screener

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