Definitive Analysis
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Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

MLP Saglik Hizmetleri A.S. (MPARK.IS)

Company Dividend Discount ModelIndustry: Medical - Care FacilitiesSector: Healthcare

Valuation Snapshot

Stable Growth$684.08 - $2,115.93$1,093.93
Multi-Stage$440.89 - $482.34$461.24
Blended Fair Value$777.59
Current Price$332.00
Upside134.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS165.01%0.00%1.030.240.100.040.000.010.060.000.000.00
YoY Growth--336.37%137.21%121.05%0.00%-100.00%-86.44%0.00%0.00%0.00%0.00%
Dividend Yield--0.32%0.11%0.14%0.15%0.00%0.06%0.44%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,001.50
(-) Cash Dividends Paid (M)319.78
(=) Cash Retained (M)4,681.72
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,000.30625.19375.11
Cash Retained (M)4,681.724,681.724,681.72
(-) Cash Required (M)-1,000.30-625.19-375.11
(=) Excess Retained (M)3,681.424,056.534,306.61
(/) Shares Outstanding (M)191.01191.01191.01
(=) Excess Retained per Share19.2721.2422.55
LTM Dividend per Share1.671.671.67
(+) Excess Retained per Share19.2721.2422.55
(=) Adjusted Dividend20.9522.9124.22
WACC / Discount Rate8.73%8.73%8.73%
Growth Rate5.50%6.50%7.50%
Fair Value$684.08$1,093.93$2,115.93
Upside / Downside106.05%229.50%537.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,001.505,326.605,672.836,041.566,434.266,852.497,058.06
Payout Ratio6.39%23.11%39.84%56.56%73.28%90.00%92.50%
Projected Dividends (M)319.781,231.242,259.843,416.954,714.956,167.246,528.71

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.73%8.73%8.73%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,121.751,132.381,143.01
Year 2 PV (M)1,875.771,911.501,947.57
Year 3 PV (M)2,584.002,658.182,733.77
Year 4 PV (M)3,248.503,373.423,501.92
Year 5 PV (M)3,871.224,058.204,252.34
PV of Terminal Value (M)71,513.8674,968.0178,554.35
Equity Value (M)84,215.1088,101.6992,132.95
Shares Outstanding (M)191.01191.01191.01
Fair Value$440.89$461.24$482.34
Upside / Downside32.80%38.93%45.28%

High-Yield Dividend Screener

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