Definitive Analysis
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

Analysis Mode

Ticker

Industry

Sector

Grenke AG (GLJ.DE)

Company Dividend Discount ModelIndustry: Financial - Credit ServicesSector: Financial Services

Valuation Snapshot

Stable Growth$7.75 - $10.73$9.24
Multi-Stage$22.50 - $24.85$23.65
Blended Fair Value$16.45
Current Price$16.60
Upside-0.92%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-10.22%7.35%0.480.470.530.270.630.830.690.580.440.36
YoY Growth--3.37%-11.77%96.15%-57.19%-23.86%19.55%20.00%32.17%20.50%52.48%
Dividend Yield--3.56%1.99%2.08%1.07%1.95%1.54%0.79%0.67%0.79%0.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)63.37
(-) Cash Dividends Paid (M)34.80
(=) Cash Retained (M)28.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)12.677.924.75
Cash Retained (M)28.5728.5728.57
(-) Cash Required (M)-12.67-7.92-4.75
(=) Excess Retained (M)15.9020.6523.82
(/) Shares Outstanding (M)44.7644.7644.76
(=) Excess Retained per Share0.360.460.53
LTM Dividend per Share0.780.780.78
(+) Excess Retained per Share0.360.460.53
(=) Adjusted Dividend1.131.241.31
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate-7.00%-6.00%-5.00%
Fair Value$7.75$9.24$10.73
Upside / Downside-53.34%-44.32%-35.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)63.3759.5655.9952.6349.4746.5047.90
Payout Ratio54.91%61.93%68.95%75.97%82.98%90.00%92.50%
Projected Dividends (M)34.8036.8938.6039.9841.0541.8544.31

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.60%6.60%6.60%
Growth Rate-7.00%-6.00%-5.00%
Year 1 PV (M)34.2434.6034.97
Year 2 PV (M)33.2533.9734.70
Year 3 PV (M)31.9633.0134.07
Year 4 PV (M)30.4631.8033.17
Year 5 PV (M)28.8330.4132.06
PV of Terminal Value (M)848.20894.79943.41
Equity Value (M)1,006.941,058.581,112.39
Shares Outstanding (M)44.7644.7644.76
Fair Value$22.50$23.65$24.85
Upside / Downside35.53%42.48%49.72%

High-Yield Dividend Screener

« Prev Page 30 of 30
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
LZOEXLazard Emerging Markets Equity Portfolio0.09%$0.0236.87%
PWRQuanta Services, Inc.0.09%$0.395.78%
AAMIAcadian Asset Management0.08%$0.041.59%
PDLBPonce Financial Group, Inc.0.08%$0.011.31%
VRTVertiv Holdings Co0.08%$0.155.48%
0J46.LHEICO Corporation0.07%$0.234.98%
0JYM.LMarkel Corporation0.07%$1.410.87%
CHCIComstock Holding Companies, Inc.0.06%$0.010.56%
MTVCMotive Capital Corp II0.06%$0.012.21%
ENJEntergy New Orleans, LLC First Mortgage Bonds, 5.0% Series due December 1, 20520.05%$0.010.31%
ENOEntergy New Orleans, LLC First Mortgage Bonds, 5.50% Series due April 1, 20660.05%$0.010.31%
AJRDAerojet Rocketdyne Holdings, Inc.0.04%$0.022.70%
ERESEast Resources Acquisition Company0.04%$0.001.55%
NBNNortheast Bank0.04%$0.040.38%
ARHSArhaus, Inc.0.03%$0.000.61%
BSIGBrightSphere Investment Group Inc.0.03%$0.010.34%
EWCZEuropean Wax Center, Inc.0.03%$0.000.37%
WIREEncore Wire Corporation0.03%$0.080.42%
ACFNAcorn Energy, Inc.0.02%$0.000.09%
ACMRACM Research, Inc.0.02%$0.010.62%
CFBCrossFirst Bankshares, Inc.0.02%$0.000.21%
FDSBFifth District Savings Bank0.02%$0.000.35%
GRDNGuardian Pharmacy Services, Inc.0.02%$0.000.75%
NVDANVIDIA Corporation0.02%$0.040.98%
AMGAffiliated Managers Group, Inc.0.01%$0.040.23%
BSX-PABoston Scientific Corporation0.01%$0.020.82%
FIGRFigure Technology Solutions, Inc. Class A Common Stock0.01%$0.002.22%
GNRCGenerac Holdings Inc.0.01%$0.010.18%
LAURLaureate Education, Inc.0.01%$0.000.22%
PLNTPlanet Fitness, Inc.0.01%$0.010.57%
SUMSummit Materials, Inc.0.01%$0.000.32%
BEBloom Energy Corporation0.00%$0.006.20%
BJRIBJ's Restaurants, Inc.0.00%$0.000.01%
CXWCoreCivic, Inc.0.00%$0.000.04%
INFAInformatica Inc.0.00%$0.000.10%
MMMBMamaMancini's Holdings, Inc.0.00%$0.000.04%
PMOPutnam Municipal Opportunities Trust0.00%$0.000.05%
SENEASeneca Foods Corporation0.00%$0.000.04%
SLCAU.S. Silica Holdings, Inc.0.00%$0.000.02%
UNITUniti Group Inc.0.00%$0.000.00%