Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Plymouth Industrial REIT, Inc. (PLYM)

Company Dividend Discount ModelIndustry: REIT - IndustrialSector: Real Estate

Valuation Snapshot

Stable Growth$48.57 - $128.85$74.27
Multi-Stage$34.24 - $37.36$35.77
Blended Fair Value$55.02
Current Price$22.33
Upside146.41%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS16.93%0.00%0.970.940.890.700.570.440.250.040.000.00
YoY Growth--3.90%4.91%26.98%22.44%29.00%79.82%531.51%0.00%0.00%0.00%
Dividend Yield--5.96%4.34%4.24%2.59%3.40%3.98%1.47%0.23%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)92.81
(-) Cash Dividends Paid (M)46.35
(=) Cash Retained (M)46.46
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)18.5611.606.96
Cash Retained (M)46.4646.4646.46
(-) Cash Required (M)-18.56-11.60-6.96
(=) Excess Retained (M)27.8934.8539.49
(/) Shares Outstanding (M)44.8244.8244.82
(=) Excess Retained per Share0.620.780.88
LTM Dividend per Share1.031.031.03
(+) Excess Retained per Share0.620.780.88
(=) Adjusted Dividend1.661.811.92
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$48.57$74.27$128.85
Upside / Downside117.53%232.62%477.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)92.8198.84105.26112.10119.39127.15130.97
Payout Ratio49.94%57.95%65.97%73.98%81.99%90.00%92.50%
Projected Dividends (M)46.3557.2869.4482.9397.89114.44121.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)52.0152.5053.00
Year 2 PV (M)57.2558.3459.44
Year 3 PV (M)62.0863.8765.68
Year 4 PV (M)66.5469.1071.73
Year 5 PV (M)70.6374.0477.58
PV of Terminal Value (M)1,226.141,285.371,346.86
Equity Value (M)1,534.651,603.211,674.29
Shares Outstanding (M)44.8244.8244.82
Fair Value$34.24$35.77$37.36
Upside / Downside53.35%60.20%67.30%

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%