Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Digital 9 Infrastructure PLC (DGI9.L)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$4.03 - $6.09$5.00
Multi-Stage$8.01 - $8.82$8.41
Blended Fair Value$6.71
Current Price$0.19
Upside3,447.97%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021
DPS0.00%0.00%0.000.030.060.020.000.000.000.000.000.00
YoY Growth---100.00%-48.37%181.85%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%10.19%6.79%1.83%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)401.94
(-) Cash Dividends Paid (M)76.23
(=) Cash Retained (M)325.71
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)80.3950.2430.15
Cash Retained (M)325.71325.71325.71
(-) Cash Required (M)-80.39-50.24-30.15
(=) Excess Retained (M)245.32275.46295.56
(/) Shares Outstanding (M)856.37856.37856.37
(=) Excess Retained per Share0.290.320.35
LTM Dividend per Share0.090.090.09
(+) Excess Retained per Share0.290.320.35
(=) Adjusted Dividend0.380.410.43
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-2.00%-1.00%0.00%
Fair Value$4.03$5.00$6.09
Upside / Downside2,033.08%2,546.86%3,122.92%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)401.94397.92393.94390.00386.10382.24393.71
Payout Ratio18.97%33.17%47.38%61.59%75.79%90.00%92.50%
Projected Dividends (M)76.23132.00186.65240.19292.64344.01364.18

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)121.97123.22124.46
Year 2 PV (M)159.37162.64165.94
Year 3 PV (M)189.50195.37201.35
Year 4 PV (M)213.35222.19231.31
Year 5 PV (M)231.76243.82256.39
PV of Terminal Value (M)5,944.286,253.816,576.10
Equity Value (M)6,860.237,201.047,555.54
Shares Outstanding (M)856.37856.37856.37
Fair Value$8.01$8.41$8.82
Upside / Downside4,138.52%4,349.09%4,568.12%

High-Yield Dividend Screener

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