Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker / Industry / Sector

Sparebanken Møre (MORG.OL)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$1,119.78 - $4,040.83$3,562.80
Multi-Stage$517.92 - $566.34$541.69
Blended Fair Value$2,052.25
Current Price$106.90
Upside1,819.78%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS19.38%16.73%7.494.003.192.692.793.092.792.792.302.69
YoY Growth--87.37%25.32%18.80%-3.62%-9.80%10.87%0.00%21.05%-14.29%68.35%
Dividend Yield--7.29%4.35%4.10%3.05%4.25%6.01%4.65%5.05%4.86%7.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,006.00
(-) Cash Dividends Paid (M)486.00
(=) Cash Retained (M)520.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)201.20125.7575.45
Cash Retained (M)520.00520.00520.00
(-) Cash Required (M)-201.20-125.75-75.45
(=) Excess Retained (M)318.80394.25444.55
(/) Shares Outstanding (M)49.5149.5149.51
(=) Excess Retained per Share6.447.968.98
LTM Dividend per Share9.829.829.82
(+) Excess Retained per Share6.447.968.98
(=) Adjusted Dividend16.2517.7818.79
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate5.50%6.50%7.50%
Fair Value$1,119.78$3,562.80$4,040.83
Upside / Downside947.50%3,232.84%3,680.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,006.001,071.391,141.031,215.201,294.191,378.311,419.66
Payout Ratio48.31%56.65%64.99%73.32%81.66%90.00%92.50%
Projected Dividends (M)486.00606.92741.51891.031,056.861,240.481,313.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)561.73567.05572.37
Year 2 PV (M)635.19647.28659.50
Year 3 PV (M)706.43726.71747.37
Year 4 PV (M)775.50805.32836.00
Year 5 PV (M)842.45883.14925.39
PV of Terminal Value (M)22,121.8723,190.3624,299.75
Equity Value (M)25,643.1626,819.8728,040.39
Shares Outstanding (M)49.5149.5149.51
Fair Value$517.92$541.69$566.34
Upside / Downside384.49%406.72%429.78%

High-Yield Dividend Screener

« Prev Page 25 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
8952.TJapan Real Estate Investment Corporation5.59%$7,312.3570.16%
AEGN.ATAegean Airlines S.A.5.59%$0.8128.27%
KMDS.JKPT Kurniamitra Duta Sentosa, Tbk5.59%$38.0052.57%
RECLTD.BOREC Limited5.59%$21.3032.48%
2488.HKLaunch Tech Company Limited5.58%$0.4931.82%
ANIM3.SAAnima Holding S.A.5.58%$0.1844.03%
PROF-B.STProfilGruppen AB (publ)5.58%$6.6456.11%
SOL.AXWashington H. Soul Pattinson and Company Limited5.58%$2.0979.15%
1128.HKWynn Macau, Limited5.57%$0.3352.58%
1585.HKYadea Group Holdings Ltd.5.57%$0.6444.68%
SBOK.STScandBook Holding AB (publ)5.57%$2.7567.47%
003470.KSYuanta Securities Korea Co., Ltd.5.56%$203.1264.57%
AEDAS.MCAedas Homes, S.A.5.56%$1.3344.89%
DTL.AXData#3 Limited5.56%$0.5085.44%
IMAS.JKPT Indomobil Sukses Internasional Tbk5.56%$63.4361.82%
SFQ.DESAF-Holland SE5.56%$0.8475.48%
058430.KSPOSCO STEELEON Co., Ltd.5.55%$2,160.0746.25%
2192.HKMedlive Technology Co., Ltd.5.55%$0.5565.76%
8968.TFukuoka REIT Corporation5.55%$10,438.6663.61%
CY6U.SICapitaLand India Trust5.55%$0.0723.56%
INLIF.ATInterlife General Insurance Company S.A.5.55%$0.3626.26%
0A0C.LStadler Rail AG5.54%$1.0971.26%
1289.HKWuxi Sunlit Science and Technology Company Limited5.54%$0.1622.04%
2686.HKAAG Energy Holdings Limited5.54%$0.1029.66%
SNK.WASanok Rubber Company Spólka Akcyjna5.54%$1.1993.14%
0IZM.LABG Sundal Collier Holding ASA5.53%$0.4584.38%
600681.SSBestsun Energy Co., Ltd.5.53%$0.2495.34%
605009.SSHangzhou Haoyue Personal Care Co., Ltd5.53%$1.7190.38%
KSB3.DEKSB SE & Co. KGaA5.53%$52.7634.72%
000581.SZWeifu High-Technology Group Co., Ltd.5.52%$1.1471.66%
0QO1.LSchindler Holding AG5.52%$10.9983.82%
1061.HKEssex Bio-Technology Limited5.52%$0.2120.70%
HGSB.OLHaugesund Sparebank5.52%$8.8625.30%
603408.SSRunner (Xiamen) Corp.5.51%$0.7576.83%
PERR.PAGérard Perrier Industrie S.A.5.51%$4.6047.56%
009180.KSHansol Logistics Co., Ltd.5.50%$149.8936.63%
601339.SSBros Eastern.,Ltd5.50%$0.3287.29%
9905.TWGreat China Metal Ind. Co., Ltd.5.50%$1.0975.18%
FIQE3.SAUnifique Telecomunicações S.A.5.50%$0.2748.37%
M-STOR.BKMFC-Strategic Storage Fund5.50%$0.4482.25%
SYNTEC.BKSyntec Construction Public Company Limited5.50%$0.0924.68%
TPAC.BKThai Plaspac Public Company Limited5.50%$0.4536.96%
WIK.WAWikana S.A.5.50%$0.4079.03%
600713.SSNanJing Pharmaceutical Company Limited5.49%$0.3078.15%
ATIC.JKPT Anabatic Technologies Tbk5.49%$35.4144.79%
000672.SZGansu Shangfeng Cement Co.,Ltd5.48%$0.7191.94%
069260.KSTKG Huchems Co.,Ltd.5.47%$998.9065.46%
NCK.AXNick Scali Limited5.47%$1.2979.89%
000270.KSKia Corporation5.46%$6,584.2832.69%
002014.SZHuangshan Novel Co.,Ltd5.46%$0.6584.41%