Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Smartgroup Corporation Ltd (SIQ.AX)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$12.13 - $19.64$15.51
Multi-Stage$25.63 - $28.15$26.86
Blended Fair Value$21.19
Current Price$7.37
Upside187.46%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.32%0.00%0.510.450.670.500.390.630.390.300.160.11
YoY Growth--11.77%-32.84%33.60%29.02%-38.03%60.86%32.14%84.50%45.49%0.00%
Dividend Yield--6.51%5.26%13.21%6.51%5.72%9.09%4.42%2.73%2.56%2.16%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)146.66
(-) Cash Dividends Paid (M)113.06
(=) Cash Retained (M)33.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)29.3318.3311.00
Cash Retained (M)33.6133.6133.61
(-) Cash Required (M)-29.33-18.33-11.00
(=) Excess Retained (M)4.2715.2722.61
(/) Shares Outstanding (M)130.09130.09130.09
(=) Excess Retained per Share0.030.120.17
LTM Dividend per Share0.870.870.87
(+) Excess Retained per Share0.030.120.17
(=) Adjusted Dividend0.900.991.04
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-0.92%0.08%1.08%
Fair Value$12.13$15.51$19.64
Upside / Downside64.59%110.40%166.50%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)146.66146.78146.90147.02147.13147.25151.67
Payout Ratio77.09%79.67%82.25%84.83%87.42%90.00%92.50%
Projected Dividends (M)113.06116.94120.83124.72128.62132.53140.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-0.92%0.08%1.08%
Year 1 PV (M)108.76109.86110.95
Year 2 PV (M)104.51106.63108.77
Year 3 PV (M)100.33103.40106.53
Year 4 PV (M)96.23100.18104.24
Year 5 PV (M)92.2296.97101.91
PV of Terminal Value (M)2,831.882,977.703,129.47
Equity Value (M)3,333.943,494.743,661.88
Shares Outstanding (M)130.09130.09130.09
Fair Value$25.63$26.86$28.15
Upside / Downside247.74%264.52%281.95%

High-Yield Dividend Screener

« Prev Page 27 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
138930.KSBNK Financial Group Inc.5.33%$837.7733.77%
RPI-UN.TORichards Packaging Income Fund5.33%$1.6282.84%
8956.TNTT UD REIT Investment Corporation5.32%$7,471.7960.60%
ACGLArch Capital Group Ltd.5.32%$4.9945.85%
BTTBlackrock Municipal 2030 Target Term Trust5.32%$1.2174.76%
PREV-B.STPrevas AB5.31%$5.0990.29%
000690.SZGuangdong Baolihua New Energy Stock Co., Ltd.5.30%$0.2251.75%
005830.KSDB Insurance Co., Ltd.5.29%$6,766.2625.66%
1157.HKZoomlion Heavy Industry Science and Technology Co., Ltd.5.29%$0.4189.60%
6884.TWOHighpoint Service Network Corporation5.29%$2.0256.70%
7237.KLPower Root Berhad5.29%$0.0798.68%
MCKPA.NZMillennium & Copthorne Hotels New Zealand Limited5.29%$0.0957.34%
MFCManulife Financial Corporation5.29%$1.9255.22%
CLSC3.SACentrais Elétricas de Santa Catarina S.A.5.28%$6.1235.64%
000899.SZJiangxi Ganneng Co., Ltd.5.27%$0.5253.85%
0QQN.LBucher Industries AG5.27%$19.4043.82%
601107.SSSichuan Expressway Company Limited5.27%$0.3299.95%
CRAP.PACaisse Régionale de Crédit Agricole Mutuel Alpes Provence Société coopérative5.27%$6.9619.09%
0IW5.LThales S.A.5.26%$7.0970.33%
AIRARABIA.AEAir Arabia PJSC5.26%$0.2575.35%
PHOR.MEPublic Joint-Stock Company PhosAgro5.26%$335.1737.65%
RBREW.CORoyal Unibrew A/S5.26%$29.5094.31%
TCELL.ISTurkcell Iletisim Hizmetleri A.S.5.26%$5.0570.22%
TLC.AXThe Lottery Corporation Limited5.26%$0.2778.26%
TTA-R.BKThoresen Thai Agencies Public Company Limited5.26%$0.2217.40%
4712.TKeyHolder, Inc.5.25%$37.1432.06%
8926.TWTaiwan Cogeneration Corporation5.25%$2.1587.97%
RJH.BKRajthanee Hospital Public Company Limited5.25%$0.6575.57%
016090.KSDaehyun Co.,Ltd.5.24%$87.5664.98%
ALGEV.PAGévelot S.A.5.24%$9.2742.01%
1209.HKChina Resources Mixc Lifestyle Services Limited5.23%$2.2571.56%
HTECH.BKHalcyon Technology Public Company Limited5.23%$0.1538.21%
002911.SZForan Energy Group Co.,Ltd.5.22%$0.6390.85%
000913.SZZhejiang Qianjiang Motorcycle Co., Ltd.5.21%$0.8077.77%
4915.TWPrimax Electronics Ltd.5.21%$3.9968.04%
601000.SSTangShan Port Group Co.,Ltd5.21%$0.2066.38%
CAFO.PACentrale d'Achat Française pour l'Outre-Mer S.A.5.21%$0.4416.81%
KBLI.JKPT KMI Wire and Cable Tbk5.21%$16.9931.01%
0QOH.Lnaturenergie holding AG5.20%$1.6927.11%
600551.SSTime Publishing and Media Co., Ltd.5.20%$0.4268.97%
8979.TStarts Proceed Investment Corporation5.20%$10,484.9163.22%
AMIN.JKPT Ateliers Mecaniques D'Indonesie Tbk5.20%$13.0170.06%
EBO.AXEBOS Group Limited5.20%$1.2245.78%
SMCB.JKPT Solusi Bangun Indonesia Tbk5.20%$40.2745.56%
5159.KLYoong Onn Corporation Berhad5.19%$0.0858.97%
603355.SSKingclean Electric Co.,Ltd5.19%$1.6597.04%
603855.SSWarom Technology Incorporated Company5.19%$1.0077.28%
8034.TWOOPNET Technologies Co., Ltd.5.19%$1.3498.92%
ALRFG.PARacing Force S.p.A.5.19%$0.2671.02%
DEME.BRDEME Group N.V.5.19%$7.4131.20%