Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Electrolux Professional AB (publ) (EPRO-B.ST)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$43.31 - $97.00$62.68
Multi-Stage$187.08 - $206.69$196.69
Blended Fair Value$129.69
Current Price$60.60
Upside114.00%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020201920182017
DPS-11.68%0.00%0.800.700.500.000.001.491.171.060.000.00
YoY Growth--14.43%39.58%0.00%0.00%-100.00%27.38%10.16%0.00%0.00%0.00%
Dividend Yield--1.28%1.00%0.92%0.00%0.00%5.23%6.24%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)671.00
(-) Cash Dividends Paid (M)244.00
(=) Cash Retained (M)427.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)134.2083.8850.33
Cash Retained (M)427.00427.00427.00
(-) Cash Required (M)-134.20-83.88-50.33
(=) Excess Retained (M)292.80343.13376.68
(/) Shares Outstanding (M)287.40287.40287.40
(=) Excess Retained per Share1.021.191.31
LTM Dividend per Share0.850.850.85
(+) Excess Retained per Share1.021.191.31
(=) Adjusted Dividend1.872.042.16
WACC / Discount Rate2.23%2.23%2.23%
Growth Rate-2.00%-1.00%0.00%
Fair Value$43.31$62.68$97.00
Upside / Downside-28.53%3.44%60.06%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)671.00664.29657.65651.07644.56638.11657.26
Payout Ratio36.36%47.09%57.82%68.55%79.27%90.00%92.50%
Projected Dividends (M)244.00312.82380.24446.28510.96574.30607.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.23%2.23%2.23%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)302.92306.01309.10
Year 2 PV (M)356.54363.86371.24
Year 3 PV (M)405.22417.75430.54
Year 4 PV (M)449.26467.88487.07
Year 5 PV (M)488.97514.43540.94
PV of Terminal Value (M)51,762.5654,457.9657,264.49
Equity Value (M)53,765.4756,527.8859,403.38
Shares Outstanding (M)287.40287.40287.40
Fair Value$187.08$196.69$206.69
Upside / Downside208.71%224.57%241.08%

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