Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ATCO Ltd. (ACO-X.TO)

Company Dividend Discount ModelIndustry: Diversified UtilitiesSector: Utilities

Valuation Snapshot

Stable Growth$41.13 - $66.11$52.41
Multi-Stage$85.25 - $93.74$89.42
Blended Fair Value$70.91
Current Price$50.78
Upside39.65%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.41%8.31%1.961.911.881.821.781.651.541.331.161.01
YoY Growth--2.33%1.90%2.93%2.50%7.53%7.51%15.33%14.50%14.91%15.15%
Dividend Yield--3.90%5.09%4.33%4.25%4.26%4.24%3.40%3.22%2.25%2.58%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)439.00
(-) Cash Dividends Paid (M)223.00
(=) Cash Retained (M)216.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)87.8054.8832.93
Cash Retained (M)216.00216.00216.00
(-) Cash Required (M)-87.80-54.88-32.93
(=) Excess Retained (M)128.20161.13183.08
(/) Shares Outstanding (M)112.49112.49112.49
(=) Excess Retained per Share1.141.431.63
LTM Dividend per Share1.981.981.98
(+) Excess Retained per Share1.141.431.63
(=) Adjusted Dividend3.123.413.61
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate-1.02%-0.02%0.98%
Fair Value$41.13$52.41$66.11
Upside / Downside-19.01%3.21%30.18%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)439.00438.93438.85438.78438.71438.64451.80
Payout Ratio50.80%58.64%66.48%74.32%82.16%90.00%92.50%
Projected Dividends (M)223.00257.38291.74326.10360.44394.77417.91

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.50%6.50%6.50%
Growth Rate-1.02%-0.02%0.98%
Year 1 PV (M)239.26241.67244.09
Year 2 PV (M)252.11257.23262.40
Year 3 PV (M)261.96269.98278.16
Year 4 PV (M)269.16280.20291.58
Year 5 PV (M)274.04288.17302.87
PV of Terminal Value (M)8,293.598,721.079,166.01
Equity Value (M)9,590.1010,058.3210,545.11
Shares Outstanding (M)112.49112.49112.49
Fair Value$85.25$89.42$93.74
Upside / Downside67.89%76.08%84.61%

High-Yield Dividend Screener

« Prev Page 35 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
3487.TCRE Logistics REIT, Inc.4.46%$7,526.1570.87%
6012.KLMaxis Berhad4.46%$0.1791.48%
7052.KLPadini Holdings Berhad4.46%$0.0848.65%
CRAV.PACaisse régionale de Crédit Agricole Mutuel Atlantique Vendée4.46%$6.2528.59%
GWCS.QAGulf Warehousing Company Q.P.S.C.4.46%$0.1054.78%
005940.KSNH Investment & Securities Co., Ltd.4.45%$948.2345.04%
0291.HKChina Resources Beer (Holdings) Company Limited4.45%$1.1843.56%
600269.SSJiangxi Ganyue Expressway CO.,LTD.4.45%$0.2330.75%
ASCO.ATAs Commercial Industrial Company of Computers and Toys S.A.4.45%$0.1843.19%
BOKUS.STBokusgruppen AB (publ)4.45%$3.3986.63%
000598.SZChengdu Xingrong Environment Co., Ltd.4.44%$0.3244.55%
058860.KSKTIS Corporation4.44%$120.0910.16%
DEWA.AEDubai Electricity and Water Authority (PJSC)4.44%$0.1285.40%
GALP.LSGalp Energia, SGPS, S.A.4.44%$0.6549.23%
MONC.MIMoncler S.p.A.4.44%$2.4352.33%
ORTHEX.HEOrthex Oyj4.44%$0.2157.93%
6270.TWOProfessional Computer Technology Limited4.43%$1.0076.06%
9802.TWFulgent Sun International (Holding) Co., Ltd.4.43%$4.5266.25%
FROTO.ISFord Otomotiv Sanayi A.S.4.43%$4.2443.47%
TCM.COTCM Group A/S4.43%$2.9746.27%
YDUQ3.SAYduqs Participações S.A.4.43%$0.5461.33%
1651.HKPrecision Tsugami (China) Corporation Limited4.42%$1.5345.55%
210980.KSSK D&D Co. Ltd.4.42%$600.1317.82%
HER.MIHera S.p.A.4.42%$0.1851.61%
015360.KSINVENI Co., Ltd.4.41%$2,880.2415.75%
603889.SSZhejiang Xinao Textiles Inc.4.41%$0.3558.00%
6214.TWSystex Corporation4.41%$5.2176.44%
BGIP3.SABanco do Estado de Sergipe S.A.4.41%$1.7021.11%
TLDN.JKPT Teladan Prima Agro Tbk4.41%$30.8931.72%
WEHA.JKPT WEHA Transportasi Indonesia Tbk4.41%$6.0038.19%
1662.HKYee Hop Holdings Limited4.40%$0.1052.30%
267850.KSAsiana IDT, Inc.4.40%$499.2843.32%
605599.SSBeijing Caishikou Department Store Co.,Ltd.4.40%$0.7268.99%
7202.SRArabian Internet and Communications Services Co. Ltd.4.40%$9.9276.74%
8415.TWOBrighton-Best International (Taiwan) Inc.4.40%$1.4856.16%
ISB.ICÍslandsbanki hf.4.40%$6.5447.32%
NCC.AENational Cement Company (Public Shareholding Co.)4.40%$0.2039.44%
WUW.DEWüstenrot & Württembergische AG4.40%$0.6543.88%
0QM5.LEmmi AG4.39%$32.0142.17%
2615.TWWan Hai Lines Ltd.4.39%$3.4928.69%
3234.TMori Hills REIT Investment Corporation4.39%$6,539.4066.38%
BUMP.LSeraphine Group PLC4.39%$1.3476.06%
COM7-R.BKCom7 Public Company Limited4.39%$0.8652.19%
CVECenovus Energy Inc.4.39%$0.7743.95%
VVV3.DEÖkoworld AG4.39%$1.1816.92%
139130.KSiM Financial Group Co., Ltd.4.38%$670.3330.22%
5200.KLUOA Development Bhd4.38%$0.0852.34%
600346.SSHengli Petrochemical Co.,Ltd.4.38%$0.9999.77%
SCHAND.BOS Chand and Company Limited4.38%$7.0248.25%
3029.TWZero One Technology Co., Ltd.4.37%$5.0085.70%