Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Banco do Estado do Rio Grande do Sul S.A. (BRSR3.SA)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$129.30 - $619.21$281.07
Multi-Stage$78.05 - $85.38$81.65
Blended Fair Value$181.36
Current Price$11.95
Upside1,417.65%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.33%0.77%0.180.040.040.060.180.110.050.040.000.03
YoY Growth--405.33%-0.99%-35.45%-68.52%60.79%126.88%21.15%0.00%-100.00%-82.67%
Dividend Yield--1.71%0.30%0.42%0.62%1.93%1.26%0.29%0.31%0.00%0.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,279.34
(-) Cash Dividends Paid (M)637.98
(=) Cash Retained (M)641.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)255.87159.9295.95
Cash Retained (M)641.36641.36641.36
(-) Cash Required (M)-255.87-159.92-95.95
(=) Excess Retained (M)385.49481.45545.41
(/) Shares Outstanding (M)408.97408.97408.97
(=) Excess Retained per Share0.941.181.33
LTM Dividend per Share1.561.561.56
(+) Excess Retained per Share0.941.181.33
(=) Adjusted Dividend2.502.742.89
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate5.00%6.00%7.00%
Fair Value$129.30$281.07$619.21
Upside / Downside981.98%2,252.06%5,081.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,279.341,356.091,437.441,523.671,615.071,711.961,763.32
Payout Ratio49.87%57.89%65.92%73.95%81.97%90.00%92.50%
Projected Dividends (M)637.98785.10947.571,126.711,323.931,540.761,631.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate5.00%6.00%7.00%
Year 1 PV (M)726.60733.52740.44
Year 2 PV (M)811.63827.16842.84
Year 3 PV (M)893.16918.93945.18
Year 4 PV (M)971.311,008.851,047.46
Year 5 PV (M)1,046.171,096.941,149.67
PV of Terminal Value (M)27,473.1728,806.5830,191.28
Equity Value (M)31,922.0433,391.9834,916.87
Shares Outstanding (M)408.97408.97408.97
Fair Value$78.05$81.65$85.38
Upside / Downside553.17%583.25%614.45%

High-Yield Dividend Screener

« Prev Page 31 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0QLX.LMetall Zug AG4.87%$39.8932.62%
6418.TJapan Cash Machine Co., Ltd.4.86%$49.9871.76%
A2A.MIA2A S.p.A.4.86%$0.1147.95%
GEST.MCGestamp Automoción, S.A.4.86%$0.1550.80%
2296.HKHuarchi Global Group Holdings Limited4.85%$0.0578.87%
7004.TKanadevia Corp4.85%$46.0936.42%
001630.KSChong Kun Dang Holdings Corp.4.84%$2,194.2330.09%
020000.KSHANDSOME Corp.4.84%$749.9941.55%
0906.HKCPMC Holdings Limited4.84%$0.3439.95%
603323.SSJiangsu Suzhou Rural Commercial Bank Co., Ltd4.84%$0.2424.36%
ESEAEuroseas Ltd.4.84%$2.6215.15%
JPFA.JKPT Japfa Comfeed Indonesia Tbk4.84%$140.4348.97%
LPH.BKLadprao General Hospital Public Company Limited4.84%$0.1877.89%
PTNT3.SAPettenati S.A. Industria Têxtil4.84%$0.4243.56%
002100.KSKyung Nong Corporation4.83%$449.7446.25%
3IT.Faudius SE4.83%$0.6747.79%
ME8U.SIMapletree Industrial Trust4.83%$0.1084.21%
SOAG.OLSpareBank 1 Østfold Akershus4.83%$21.8842.41%
0693.HKTan Chong International Limited4.82%$0.1028.87%
2152.HKSuxin Joyful Life Services Co., Ltd.4.82%$0.2719.91%
BDMN.JKPT Bank Danamon Indonesia Tbk4.82%$119.5631.76%
EKAD.JKPT Ekadharma International Tbk4.82%$8.8798.38%
PTG-R.BKPTG Energy Public Company Limited4.82%$0.3462.48%
VEND.OLVend Marketplaces ASA4.82%$17.2449.52%
1890.HKChina Kepei Education Group Limited4.81%$0.0616.29%
BASS.PABassac S.A.4.81%$2.4628.93%
DEYAAR.AEDeyaar Development PJSC4.81%$0.0540.79%
SDF.AXSteadfast Group Limited4.81%$0.2650.20%
SXE.AXSouthern Cross Electrical Engineering Limited4.81%$0.1259.32%
HPOL-B.STHEXPOL AB (publ)4.80%$4.2174.04%
MEGA-R.BKMega Lifesciences Public Company Limited4.80%$1.6170.67%
PTL-R.BKPolyplex (Thailand) Public Company Limited4.80%$0.4081.34%
000828.SZDongguan Development (Holdings) Co., Ltd.4.79%$0.5250.35%
002372.SZZhejiang Weixing New Building Materials Co., Ltd.4.79%$0.5090.51%
002736.SZGuosen Securities Co., Ltd.4.79%$0.6351.57%
600612.SSLao Feng Xiang Co., Ltd.4.79%$2.1369.19%
6285.TWWNC Corporation4.79%$4.7975.15%
6642.TWOFuzetec Technology Co., Ltd.4.79%$2.5094.93%
BSGR.ASB&S Group S.A.4.79%$0.2824.05%
030210.KSDaol Investment & Securities Co., Ltd.4.78%$165.8688.74%
0960.HKLongfor Group Holdings Limited4.78%$0.4215.35%
2176.HKCCID Consulting Company Limited4.78%$0.0866.12%
600820.SSShanghai Tunnel Engineering Co., Ltd.4.77%$0.3138.17%
8097.TSan-Ai Obbli Co., Ltd.4.77%$100.8088.28%
2722.HKChongqing Machinery & Electric Co., Ltd.4.76%$0.0935.27%
7267.THonda Motor Co., Ltd.4.76%$73.1447.07%
VALMT.HEValmet Oyj4.76%$1.3590.84%
000928.SZSinosteel Engineering & Technology Co., Ltd.4.75%$0.3160.04%
029780.KSSamsung Card Co., Ltd.4.75%$2,578.9146.87%
2020.HKANTA Sports Products Limited4.75%$3.8940.14%