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Allient Inc. (ALNT)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$21.73 - $47.43$31.16
Multi-Stage$15.50 - $16.94$16.20
Blended Fair Value$23.68
Current Price$36.31
Upside-34.77%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS11.11%8.79%0.120.110.090.080.070.070.060.060.060.06
YoY Growth--8.49%18.88%12.04%18.19%-0.85%8.43%12.51%1.80%2.06%8.21%
Dividend Yield--0.54%0.32%0.24%0.28%0.14%0.30%0.19%0.15%0.28%0.31%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)18.66
(-) Cash Dividends Paid (M)1.48
(=) Cash Retained (M)17.19
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3.732.331.40
Cash Retained (M)17.1917.1917.19
(-) Cash Required (M)-3.73-2.33-1.40
(=) Excess Retained (M)13.4614.8615.79
(/) Shares Outstanding (M)16.6816.6816.68
(=) Excess Retained per Share0.810.890.95
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.810.890.95
(=) Adjusted Dividend0.890.981.03
WACC / Discount Rate9.85%9.85%9.85%
Growth Rate5.50%6.50%7.50%
Fair Value$21.73$31.16$47.43
Upside / Downside-40.16%-14.17%30.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)18.6619.8821.1722.5524.0125.5726.34
Payout Ratio7.91%24.33%40.74%57.16%73.58%90.00%92.50%
Projected Dividends (M)1.484.848.6312.8917.6723.0124.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.85%9.85%9.85%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4.364.404.44
Year 2 PV (M)7.017.157.28
Year 3 PV (M)9.459.7210.00
Year 4 PV (M)11.6912.1412.60
Year 5 PV (M)13.7314.3915.08
PV of Terminal Value (M)212.30222.56233.20
Equity Value (M)258.54270.36282.61
Shares Outstanding (M)16.6816.6816.68
Fair Value$15.50$16.20$16.94
Upside / Downside-57.32%-55.37%-53.35%

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