Definitive Analysis
Definitive Analysis

Financial Statements

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Industry

Sector

Anadolu Anonim Türk Sigorta Sirketi (ANSGR.IS)

Company Dividend Discount ModelIndustry: Insurance - DiversifiedSector: Financial Services

Valuation Snapshot

Stable Growth$540.49 - $1,495.25$1,401.27
Multi-Stage$206.50 - $226.14$216.14
Blended Fair Value$808.70
Current Price$21.42
Upside3,675.46%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.000.000.110.090.070.040.020.000.01
YoY Growth--0.00%0.00%-100.00%18.53%35.45%66.01%100.06%0.00%-100.00%0.00%
Dividend Yield--0.00%0.00%0.00%7.84%5.44%5.79%3.99%1.90%0.00%3.21%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)12,217.63
(-) Cash Dividends Paid (M)2,100.00
(=) Cash Retained (M)10,117.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,443.531,527.20916.32
Cash Retained (M)10,117.6310,117.6310,117.63
(-) Cash Required (M)-2,443.53-1,527.20-916.32
(=) Excess Retained (M)7,674.108,590.439,201.31
(/) Shares Outstanding (M)1,625.001,625.001,625.00
(=) Excess Retained per Share4.725.295.66
LTM Dividend per Share1.291.291.29
(+) Excess Retained per Share4.725.295.66
(=) Adjusted Dividend6.016.586.95
WACC / Discount Rate6.67%6.67%6.67%
Growth Rate5.50%6.50%7.50%
Fair Value$540.49$1,401.27$1,495.25
Upside / Downside2,423.27%6,441.87%6,880.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)12,217.6313,011.7813,857.5414,758.2815,717.5716,739.2117,241.39
Payout Ratio17.19%31.75%46.31%60.88%75.44%90.00%92.50%
Projected Dividends (M)2,100.004,131.326,417.848,984.1511,856.9715,065.2915,948.28

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.67%6.67%6.67%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,836.483,872.843,909.21
Year 2 PV (M)5,534.485,639.905,746.31
Year 3 PV (M)7,194.647,401.177,611.62
Year 4 PV (M)8,817.589,156.689,505.47
Year 5 PV (M)10,403.9310,906.4511,428.19
PV of Terminal Value (M)299,769.32314,248.29329,281.41
Equity Value (M)335,556.44351,225.33367,482.21
Shares Outstanding (M)1,625.001,625.001,625.00
Fair Value$206.50$216.14$226.14
Upside / Downside864.03%909.05%955.76%

High-Yield Dividend Screener

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