Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Vastned Belgium (VASTB.BR)

Company Dividend Discount ModelIndustry: REIT - RetailSector: Real Estate

Valuation Snapshot

Stable Growth$18.36 - $26.32$22.25
Multi-Stage$29.55 - $32.53$31.01
Blended Fair Value$26.63
Current Price$32.10
Upside-17.04%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.05%5.67%2.201.081.050.981.391.361.251.171.201.30
YoY Growth--104.45%2.27%7.32%-29.31%1.75%8.78%6.94%-2.39%-7.72%2.65%
Dividend Yield--7.49%3.62%3.45%2.94%5.12%4.62%2.54%2.06%2.36%2.35%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)28.16
(-) Cash Dividends Paid (M)1.75
(=) Cash Retained (M)26.41
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5.633.522.11
Cash Retained (M)26.4126.4126.41
(-) Cash Required (M)-5.63-3.52-2.11
(=) Excess Retained (M)20.7822.8924.30
(/) Shares Outstanding (M)10.6210.6210.62
(=) Excess Retained per Share1.962.162.29
LTM Dividend per Share0.170.170.17
(+) Excess Retained per Share1.962.162.29
(=) Adjusted Dividend2.122.322.45
WACC / Discount Rate8.98%8.98%8.98%
Growth Rate-2.31%-1.31%-0.31%
Fair Value$18.36$22.25$26.32
Upside / Downside-42.82%-30.68%-18.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)28.1627.7927.4327.0726.7126.3627.15
Payout Ratio6.22%22.98%39.73%56.49%73.24%90.00%92.50%
Projected Dividends (M)1.756.3910.9015.2919.5723.7325.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.98%8.98%8.98%
Growth Rate-2.31%-1.31%-0.31%
Year 1 PV (M)5.805.865.92
Year 2 PV (M)8.999.189.36
Year 3 PV (M)11.4611.8112.18
Year 4 PV (M)13.3213.8714.44
Year 5 PV (M)14.6715.4316.23
PV of Terminal Value (M)259.48273.04287.15
Equity Value (M)313.71329.19345.28
Shares Outstanding (M)10.6210.6210.62
Fair Value$29.55$31.01$32.53
Upside / Downside-7.93%-3.39%1.33%

High-Yield Dividend Screener

« Prev Page 28 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ORAOrmat Technologies, Inc.0.42%$0.4821.81%
VLTOVeralto Corporation0.42%$0.4211.39%
CEGConstellation Energy Corporation0.41%$1.5217.38%
EXPEExpedia Group, Inc.0.41%$1.1510.88%
GEGE Aerospace0.40%$1.2917.08%
GEHCVGE HealthCare Technologies Inc.0.40%$0.235.05%
ATMUAtmus Filtration Technologies Inc.0.39%$0.208.42%
BMNRBitmine Immersion Technologies, Inc.0.39%$0.120.85%
CHDNChurchill Downs Incorporated0.39%$0.437.61%
PLPCPreformed Line Products Company0.39%$0.8311.03%
AAPLApple Inc.0.38%$1.0313.77%
AMOTAllied Motion Technologies Inc.0.38%$0.1221.85%
CASYCasey's General Stores, Inc.0.38%$2.0912.85%
EAElectronic Arts Inc.0.38%$0.7721.92%
LOBLive Oak Bancshares, Inc.0.37%$0.138.44%
PCG-PAPacific Gas and Electric Company0.37%$0.086.94%
CTSCTS Corporation0.36%$0.168.09%
GVAGranite Construction Incorporated0.36%$0.4312.45%
LCORXLeuthold Core Investment Fund0.36%$0.084.98%
LCRIXLeuthold Core Investment Fund Class Institutional0.36%$0.084.98%
UHALU-Haul Holding Company0.36%$0.1817.87%
BOXBox, Inc.0.35%$0.106.61%
HCCWarrior Met Coal, Inc.0.35%$0.3147.04%
MCKMcKesson Corporation0.35%$2.918.98%
CSWICSW Industrials, Inc.0.34%$1.0211.93%
MOG-AMoog Inc.0.34%$0.8511.59%
SRBKSR Bancorp, Inc. Common stock0.34%$0.059.61%
VHAQ-UNViveon Health Acquisition Corp.0.34%$0.0417.38%
WWDWoodward, Inc.0.34%$1.0514.70%
AGXArgan, Inc.0.33%$1.0812.72%
PJTPJT Partners Inc.0.33%$0.5613.70%
REGNRegeneron Pharmaceuticals, Inc.0.33%$2.596.06%
LPLALPL Financial Holdings Inc.0.32%$1.1611.15%
METAMeta Platforms, Inc.0.31%$2.048.98%
ESABESAB Corporation0.30%$0.348.52%
POWLPowell Industries, Inc.0.30%$1.057.31%
VCVisteon Corporation0.30%$0.292.59%
WSTWest Pharmaceutical Services, Inc.0.30%$0.8312.34%
CASHPathward Financial, Inc.0.29%$0.212.52%
NGSNatural Gas Services Group, Inc.0.29%$0.106.71%
PLUSePlus inc.0.29%$0.255.41%
RVTYRevvity, Inc.0.29%$0.2814.01%
TMOThermo Fisher Scientific Inc.0.28%$1.659.48%
MRVLMarvell Technology, Inc.0.27%$0.248.33%
VNTVontier Corporation0.27%$0.103.64%
DBRGDigitalBridge Group, Inc.0.26%$0.049.84%
FOURShift4 Payments, Inc.0.26%$0.167.44%
GOOGAlphabet Inc.0.26%$0.828.01%
TPBTurning Point Brands, Inc.0.26%$0.2910.22%
USB-PAU.S. Bancorp PERP PFD SER A0.26%$2.0243.68%