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

Companhia Distribuidora de Gás do Rio de Janeiro - CEG (CEGR3.SA)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$46.27 - $90.92$63.89
Multi-Stage$107.42 - $118.20$112.70
Blended Fair Value$88.29
Current Price$96.72
Upside-8.71%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-6.99%1.26%1.501.040.632.370.922.160.850.760.300.61
YoY Growth--43.84%65.93%-73.44%158.40%-57.50%154.63%11.05%158.32%-51.86%-53.70%
Dividend Yield--2.68%1.53%0.71%2.96%1.65%3.59%1.76%2.54%1.14%2.74%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)732.14
(-) Cash Dividends Paid (M)380.52
(=) Cash Retained (M)351.62
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)146.4391.5254.91
Cash Retained (M)351.62351.62351.62
(-) Cash Required (M)-146.43-91.52-54.91
(=) Excess Retained (M)205.19260.10296.71
(/) Shares Outstanding (M)253.53253.53253.53
(=) Excess Retained per Share0.811.031.17
LTM Dividend per Share1.501.501.50
(+) Excess Retained per Share0.811.031.17
(=) Adjusted Dividend2.312.532.67
WACC / Discount Rate5.20%5.20%5.20%
Growth Rate0.19%1.19%2.19%
Fair Value$46.27$63.89$90.92
Upside / Downside-52.16%-33.95%-6.00%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)732.14740.88749.73758.69767.75776.92800.23
Payout Ratio51.97%59.58%67.18%74.79%82.39%90.00%92.50%
Projected Dividends (M)380.52441.41503.70567.42632.59699.23740.21

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.20%5.20%5.20%
Growth Rate0.19%1.19%2.19%
Year 1 PV (M)415.46419.60423.75
Year 2 PV (M)446.21455.16464.20
Year 3 PV (M)473.10487.41502.00
Year 4 PV (M)496.43516.54537.27
Year 5 PV (M)516.46542.76570.11
PV of Terminal Value (M)24,886.0526,152.9827,470.98
Equity Value (M)27,233.7128,574.4529,968.31
Shares Outstanding (M)253.53253.53253.53
Fair Value$107.42$112.70$118.20
Upside / Downside11.06%16.53%22.21%

High-Yield Dividend Screener

« Prev Page 29 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
BTBTBit Digital, Inc.0.25%$0.011.17%
PVHPVH Corp.0.25%$0.172.41%
AELAmerican Equity Investment Life Holding Company0.24%$0.142.19%
CRSCarpenter Technology Corporation0.24%$0.809.74%
LLoews Corporation0.24%$0.253.58%
PRIMPrimoris Services Corporation0.23%$0.305.83%
TERTeradyne, Inc.0.23%$0.4817.39%
FOCSFocus Financial Partners Inc.0.22%$0.1219.23%
QCRHQCR Holdings, Inc.0.22%$0.182.50%
RMAXRE/MAX Holdings, Inc.0.22%$0.022.70%
VSECVSE Corporation0.22%$0.4030.98%
0J5I.LHilton Worldwide Holdings Inc.0.21%$0.608.71%
PRVAXVirginia Tax Free Bond Fund0.21%$0.0289.04%
ACAArcosa, Inc.0.19%$0.206.66%
HWMHowmet Aerospace Inc.0.19%$0.4011.24%
USLMUnited States Lime & Minerals, Inc.0.19%$0.235.04%
AEISAdvanced Energy Industries, Inc.0.18%$0.4010.65%
BELFABel Fuse Inc.0.18%$0.285.31%
TILEInterface, Inc.0.18%$0.052.63%
0K05.LMedifast, Inc.0.17%$0.0278.63%
AYIAcuity Brands, Inc.0.17%$0.655.19%
BDCBelden Inc.0.17%$0.203.53%
FIXComfort Systems USA, Inc.0.17%$1.707.18%
KNSLKinsale Capital Group, Inc.0.17%$0.663.24%
STCNSteel Connect, Inc.0.17%$0.021.98%
VVIViad Corp0.17%$0.070.54%
ALNTAllient Inc.0.16%$0.097.91%
CLSKCleanSpark, Inc.0.16%$0.021.41%
EMEEMCOR Group, Inc.0.16%$1.014.01%
ESEESCO Technologies Inc.0.16%$0.322.76%
CWCurtiss-Wright Corporation0.15%$0.877.08%
MUMicron Technology, Inc.0.15%$0.466.11%
SPCMUSound Point Acquisition Corp I, Ltd0.15%$0.021.33%
ENSGThe Ensign Group, Inc.0.14%$0.244.34%
JBLJabil Inc.0.14%$0.335.48%
PFIEProfire Energy, Inc.0.14%$0.001.99%
0R0A.LHecla Mining Company0.13%$0.025.24%
GNWGenworth Financial, Inc.0.13%$0.012.27%
ONITOnity Group Inc.0.13%$0.061.46%
0A7O.LMicroStrategy Incorporated0.12%$0.190.73%
0KGS.LPegasystems Inc.0.12%$0.074.63%
PRTAXT. Rowe Price Tax-Free Income Fd0.12%$0.0189.04%
WDCWestern Digital Corporation0.12%$0.223.25%
GEVGE Vernova Inc.0.11%$0.7512.15%
MPLF.LMarble Point Loan Financing Limited0.11%$0.0792.98%
EPACEnerpac Tool Group Corp.0.10%$0.042.34%
GRBKGreen Brick Partners, Inc.0.10%$0.070.85%
IRIngersoll Rand Inc.0.10%$0.085.89%
RALRalliant Corp.0.10%$0.052.75%
TXTTextron Inc.0.10%$0.081.79%