Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Centrais Elétricas de Santa Catarina S.A. (CLSC3.SA)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$1,906.24 - $3,511.42$3,290.71
Multi-Stage$552.82 - $605.24$578.55
Blended Fair Value$1,934.63
Current Price$101.73
Upside1,801.73%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS42.08%14.69%5.324.523.613.101.690.920.390.030.733.68
YoY Growth--17.77%25.27%16.48%82.91%84.19%138.50%1,149.71%-95.76%-80.23%172.10%
Dividend Yield--6.65%7.39%8.91%6.79%4.15%3.04%1.18%0.19%6.51%50.84%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)701.38
(-) Cash Dividends Paid (M)249.96
(=) Cash Retained (M)451.42
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)140.2887.6752.60
Cash Retained (M)451.42451.42451.42
(-) Cash Required (M)-140.28-87.67-52.60
(=) Excess Retained (M)311.14363.75398.81
(/) Shares Outstanding (M)39.7239.7239.72
(=) Excess Retained per Share7.839.1610.04
LTM Dividend per Share6.296.296.29
(+) Excess Retained per Share7.839.1610.04
(=) Adjusted Dividend14.1315.4516.33
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Fair Value$1,906.24$3,290.71$3,511.42
Upside / Downside1,773.82%3,134.75%3,351.70%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)701.38746.97795.52847.23902.30960.95989.78
Payout Ratio35.64%46.51%57.38%68.26%79.13%90.00%92.50%
Projected Dividends (M)249.96347.42456.49578.28713.97864.85915.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)323.82326.88329.95
Year 2 PV (M)396.57404.13411.75
Year 3 PV (M)468.24481.68495.38
Year 4 PV (M)538.83559.56580.87
Year 5 PV (M)608.36637.75668.26
PV of Terminal Value (M)19,624.3020,572.1621,556.30
Equity Value (M)21,960.1222,982.1624,042.51
Shares Outstanding (M)39.7239.7239.72
Fair Value$552.82$578.55$605.24
Upside / Downside443.42%468.71%494.95%

High-Yield Dividend Screener

« Prev Page 33 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
2948.TWOBausen Inc.4.66%$1.7780.08%
600368.SSGuangxi Wuzhou Communications Co., Ltd.4.66%$0.1845.90%
688606.SSHangzhou Alltest Biotech Co., Ltd.4.66%$2.9879.11%
CHG-R.BKChularat Hospital Public Company Limited4.66%$0.0796.65%
CRT-UN.TOCT Real Estate Investment Trust4.66%$0.7646.43%
KWC.BKKrungdhep Sophon Public Company Limited4.66%$12.4880.34%
QNT.WAQuantum Software S.A.4.66%$1.7748.50%
TOUP.PATouax SCA4.66%$0.2220.71%
002948.SZBank of Qingdao Co., Ltd.4.65%$0.2125.26%
175330.KSJB Financial Group Co., Ltd.4.65%$1,171.1832.82%
ATRAV.HEAtria Oyj4.65%$0.7045.12%
INSET.BKInfraset Public Company Limited4.65%$0.0893.21%
OMAB.MXGrupo Aeroportuario del Centro Norte, S.A.B. de C.V.4.65%$11.2781.96%
TCO.AXTransmetro Corporation Limited4.65%$0.1027.59%
TCO0.DETesco PLC4.65%$0.2458.23%
2748.TWFDC International Hotels Corporation4.64%$2.0087.06%
600351.SSYabao Pharmaceutical Group Co., Ltd4.64%$0.3094.39%
6345.TAichi Corporation4.64%$63.5566.53%
7030.SRMobile Telecommunications Company Saudi Arabia4.64%$0.4967.65%
293480.KSHana Pharm Co., Ltd.4.63%$510.7544.31%
ALFPC.PAFountaine Pajot S.A.4.63%$4.7715.78%
EKTR3.SAElektro Redes S.A.4.63%$2.2847.37%
002749.SZSichuan Guoguang Agrochemical Co., Ltd.4.62%$0.6275.36%
0ROG.LGalenica AG4.62%$4.5160.87%
2534.TWHung Sheng Construction Ltd.4.62%$0.9640.22%
600757.SSChangjiang Publishing & Media Co.,Ltd4.62%$0.4144.68%
8976.TDaiwa Office Investment Corporation4.62%$17,319.0261.76%
BBTN.JKPT Bank Tabungan Negara (Persero) Tbk4.62%$53.5723.29%
SICO.JKPT Sigma Energy Compressindo Tbk4.62%$6.0046.65%
016360.KSSamsung Securities Co., Ltd.4.61%$3,499.8033.25%
603967.SSChina Master Logistics Co., Ltd.4.61%$0.6384.73%
ERAA.JKPT Erajaya Swasembada Tbk4.61%$19.0029.20%
FCR-UN.TOFirst Capital Real Estate Investment Trust4.61%$0.8771.15%
HELN.SWHelvetia Holding AG4.61%$9.6376.62%
SAUCE.BKThaitheparos Public Company Limited4.61%$1.7986.46%
SFSN.SWSFS Group AG4.61%$5.0039.88%
256150.KQHandok Clean Tech Co., Ltd.4.60%$251.5861.57%
600066.SSYutong Bus Co.,Ltd.4.60%$1.5066.89%
6369.TToyo Kanetsu K.K.4.60%$114.2124.14%
AUI.AXAustralian United Investment Company Limited4.60%$0.5263.93%
EXAE.ATHellenic Exchanges - Athens Stock Exchange S.A.4.60%$0.2978.34%
0837.HKCarpenter Tan Holdings Limited4.59%$0.3624.98%
ANSGR.ISAnadolu Anonim Türk Sigorta Sirketi4.59%$1.0517.19%
GLVA.JKPT Galva Technologies Tbk4.59%$19.2060.20%
TEAMG.BKTEAM Consulting Engineering and Management Public Company Limited4.59%$0.1556.43%
UMG.ASUniversal Music Group N.V.4.59%$1.0144.97%
5293.KLAME Elite Consortium Berhad4.58%$0.0740.76%
6534.TWCH Biotech R&D Co., Ltd.4.58%$4.1095.94%
6817.TSumida Corporation4.58%$52.4586.38%
AUDCAudioCodes Ltd.4.58%$0.4082.97%