Definitive Analysis
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Definitive Analysis

Financial Statements

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Ticker

Industry

Sector

Reunert Limited (RLO.JO)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$158.69 - $276.51$209.07
Multi-Stage$170.34 - $185.65$177.86
Blended Fair Value$193.47
Current Price$53.80
Upside259.60%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-4.11%-0.64%3.543.262.952.722.554.374.854.664.414.15
YoY Growth--8.52%10.43%8.67%6.64%-41.63%-9.96%4.02%5.75%6.26%9.92%
Dividend Yield--6.58%4.03%4.91%6.28%5.36%15.25%7.03%6.08%6.51%6.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,963.00
(-) Cash Dividends Paid (M)1,552.00
(=) Cash Retained (M)411.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)392.60245.38147.23
Cash Retained (M)411.00411.00411.00
(-) Cash Required (M)-392.60-245.38-147.23
(=) Excess Retained (M)18.40165.63263.78
(/) Shares Outstanding (M)165.61165.61165.61
(=) Excess Retained per Share0.111.001.59
LTM Dividend per Share9.379.379.37
(+) Excess Retained per Share0.111.001.59
(=) Adjusted Dividend9.4810.3710.96
WACC / Discount Rate9.62%9.62%9.62%
Growth Rate3.44%4.44%5.44%
Fair Value$158.69$209.07$276.51
Upside / Downside194.97%288.61%413.96%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,963.002,050.082,141.022,236.002,335.192,438.782,511.94
Payout Ratio79.06%81.25%83.44%85.63%87.81%90.00%92.50%
Projected Dividends (M)1,552.001,665.691,786.421,914.572,050.592,194.902,323.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.62%9.62%9.62%
Growth Rate3.44%4.44%5.44%
Year 1 PV (M)1,505.011,519.561,534.11
Year 2 PV (M)1,458.391,486.721,515.33
Year 3 PV (M)1,412.241,453.591,495.75
Year 4 PV (M)1,366.651,420.271,475.46
Year 5 PV (M)1,321.721,386.861,454.54
PV of Terminal Value (M)21,146.5022,188.6623,271.51
Equity Value (M)28,210.5129,455.6730,746.69
Shares Outstanding (M)165.61165.61165.61
Fair Value$170.34$177.86$185.65
Upside / Downside216.62%230.59%245.08%

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