Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hyprop Investments Limited (HYP.JO)

Company Dividend Discount ModelIndustry: REIT - RetailSector: Real Estate

Valuation Snapshot

Stable Growth$218.91 - $473.22$312.89
Multi-Stage$204.68 - $223.72$214.03
Blended Fair Value$263.46
Current Price$42.75
Upside516.28%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%0.00%0.002.843.052.742.532.435.184.754.403.72
YoY Growth---100.00%-6.66%11.13%8.52%3.93%-53.11%8.97%8.14%18.23%119.75%
Dividend Yield--0.00%8.65%9.92%8.13%9.53%10.85%7.29%4.65%3.77%2.86%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,370.20
(-) Cash Dividends Paid (M)2,136.09
(=) Cash Retained (M)2,234.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)874.04546.27327.76
Cash Retained (M)2,234.102,234.102,234.10
(-) Cash Required (M)-874.04-546.27-327.76
(=) Excess Retained (M)1,360.061,687.831,906.34
(/) Shares Outstanding (M)377.59377.59377.59
(=) Excess Retained per Share3.604.475.05
LTM Dividend per Share5.665.665.66
(+) Excess Retained per Share3.604.475.05
(=) Adjusted Dividend9.2610.1310.71
WACC / Discount Rate8.36%8.36%8.36%
Growth Rate3.96%4.96%5.96%
Fair Value$218.91$312.89$473.22
Upside / Downside412.07%631.91%1,006.95%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,370.204,586.904,814.345,053.075,303.635,566.625,733.62
Payout Ratio48.88%57.10%65.33%73.55%81.78%90.00%92.50%
Projected Dividends (M)2,136.092,619.253,145.083,716.614,337.085,009.965,303.60

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.36%8.36%8.36%
Growth Rate3.96%4.96%5.96%
Year 1 PV (M)2,394.242,417.272,440.30
Year 2 PV (M)2,627.922,678.722,730.01
Year 3 PV (M)2,838.692,921.403,005.70
Year 4 PV (M)3,028.023,146.223,267.85
Year 5 PV (M)3,197.323,354.083,516.94
PV of Terminal Value (M)63,197.5366,296.1269,515.08
Equity Value (M)77,283.7180,813.8184,475.87
Shares Outstanding (M)377.59377.59377.59
Fair Value$204.68$214.03$223.72
Upside / Downside378.78%400.65%423.33%

High-Yield Dividend Screener

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