Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ravad Ltd (RAVD.TA)

Company Dividend Discount ModelIndustry: Real Estate - ServicesSector: Real Estate

Valuation Snapshot

Stable Growth$12.16 - $18.68$15.20
Multi-Stage$26.96 - $29.65$28.28
Blended Fair Value$21.74
Current Price$6.66
Upside226.39%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.002.660.000.300.400.000.400.400.00
YoY Growth--0.00%-100.00%0.00%-100.00%-25.00%0.00%-100.00%0.00%0.00%-100.00%
Dividend Yield--0.00%0.00%57.53%0.00%4.38%6.19%0.00%5.99%5.49%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)35.24
(-) Cash Dividends Paid (M)20.00
(=) Cash Retained (M)15.24
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)7.054.402.64
Cash Retained (M)15.2415.2415.24
(-) Cash Required (M)-7.05-4.40-2.64
(=) Excess Retained (M)8.1910.8312.59
(/) Shares Outstanding (M)26.2826.2826.28
(=) Excess Retained per Share0.310.410.48
LTM Dividend per Share0.760.760.76
(+) Excess Retained per Share0.310.410.48
(=) Adjusted Dividend1.071.171.24
WACC / Discount Rate6.64%6.64%6.64%
Growth Rate-2.00%-1.00%0.00%
Fair Value$12.16$15.20$18.68
Upside / Downside82.65%128.23%180.41%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)35.2434.8834.5334.1933.8533.5134.51
Payout Ratio56.76%63.41%70.06%76.70%83.35%90.00%92.50%
Projected Dividends (M)20.0022.1224.1926.2228.2130.1631.93

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.64%6.64%6.64%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)20.5320.7420.95
Year 2 PV (M)20.8521.2721.71
Year 3 PV (M)20.9821.6222.29
Year 4 PV (M)20.9521.8122.71
Year 5 PV (M)20.7821.8722.99
PV of Terminal Value (M)604.31635.78668.55
Equity Value (M)708.40743.10779.19
Shares Outstanding (M)26.2826.2826.28
Fair Value$26.96$28.28$29.65
Upside / Downside304.73%324.56%345.18%

High-Yield Dividend Screener

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