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Instal Kraków S.A. (INK.WA)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$572.00 - $1,214.80$1,138.44
Multi-Stage$184.92 - $202.39$193.49
Blended Fair Value$665.97
Current Price$40.50
Upside1,544.36%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.18%28.83%2.521.532.002.002.001.700.300.250.250.00
YoY Growth--65.06%-23.73%0.00%0.00%17.69%466.47%20.00%0.02%0.00%-100.00%
Dividend Yield--6.81%3.70%6.16%4.88%8.07%11.73%1.81%2.03%1.72%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)44.47
(-) Cash Dividends Paid (M)18.34
(=) Cash Retained (M)26.13
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.895.563.34
Cash Retained (M)26.1326.1326.13
(-) Cash Required (M)-8.89-5.56-3.34
(=) Excess Retained (M)17.2420.5722.79
(/) Shares Outstanding (M)7.287.287.28
(=) Excess Retained per Share2.372.833.13
LTM Dividend per Share2.522.522.52
(+) Excess Retained per Share2.372.833.13
(=) Adjusted Dividend4.895.345.65
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate5.50%6.50%7.50%
Fair Value$572.00$1,138.44$1,214.80
Upside / Downside1,312.33%2,710.97%2,899.49%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)44.4747.3750.4453.7257.2160.9362.76
Payout Ratio41.25%51.00%60.75%70.50%80.25%90.00%92.50%
Projected Dividends (M)18.3424.1630.6437.8745.9154.8458.05

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)22.4922.7022.91
Year 2 PV (M)26.5627.0727.58
Year 3 PV (M)30.5631.4432.34
Year 4 PV (M)34.5035.8237.19
Year 5 PV (M)38.3640.2142.14
PV of Terminal Value (M)1,193.911,251.571,311.45
Equity Value (M)1,346.381,408.821,473.60
Shares Outstanding (M)7.287.287.28
Fair Value$184.92$193.49$202.39
Upside / Downside356.59%377.76%399.73%

High-Yield Dividend Screener

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