Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Credicorp Ltd. (0U8N.L)

Company Dividend Discount ModelIndustry: BanksSector: Financial Services

Valuation Snapshot

Stable Growth$6,458.94 - $16,152.29$15,137.06
Multi-Stage$2,383.47 - $2,606.04$2,492.72
Blended Fair Value$8,814.89
Current Price$923.89
Upside854.11%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.41%23.91%46.0425.0515.035.0130.0628.0614.2028.048.216.78
YoY Growth--83.78%66.67%200.00%-83.33%7.14%97.56%-49.36%241.67%20.99%25.75%
Dividend Yield--6.74%3.99%3.02%0.79%6.03%5.72%1.77%3.80%1.55%1.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6,465.08
(-) Cash Dividends Paid (M)4,275.77
(=) Cash Retained (M)2,189.31
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,293.02808.14484.88
Cash Retained (M)2,189.312,189.312,189.31
(-) Cash Required (M)-1,293.02-808.14-484.88
(=) Excess Retained (M)896.291,381.171,704.43
(/) Shares Outstanding (M)79.6079.6079.60
(=) Excess Retained per Share11.2617.3521.41
LTM Dividend per Share53.7153.7153.71
(+) Excess Retained per Share11.2617.3521.41
(=) Adjusted Dividend64.9771.0775.13
WACC / Discount Rate6.56%6.56%6.56%
Growth Rate5.50%6.50%7.50%
Fair Value$6,458.94$15,137.06$16,152.29
Upside / Downside599.10%1,538.41%1,648.29%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6,465.086,885.317,332.867,809.498,317.118,857.729,123.45
Payout Ratio66.14%70.91%75.68%80.45%85.23%90.00%92.50%
Projected Dividends (M)4,275.774,882.315,549.646,283.097,088.457,971.958,439.19

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.56%6.56%6.56%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4,538.684,581.704,624.72
Year 2 PV (M)4,795.924,887.274,979.48
Year 3 PV (M)5,047.585,192.485,340.13
Year 4 PV (M)5,293.765,497.355,706.75
Year 5 PV (M)5,534.545,801.866,079.41
PV of Terminal Value (M)164,516.77172,462.99180,713.34
Equity Value (M)189,727.25198,423.64207,443.81
Shares Outstanding (M)79.6079.6079.60
Fair Value$2,383.47$2,492.72$2,606.04
Upside / Downside157.98%169.81%182.07%

High-Yield Dividend Screener

« Prev Page 4 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
VKQInvesco Municipal Trust8.62%$0.8469.07%
ARCCAres Capital Corporation8.61%$1.7691.56%
TPVGTriplePoint Venture Growth BDC Corp.8.52%$0.5767.26%
C-PJCitigroup Inc.8.49%$2.1326.99%
RVTRoyce Value Trust Inc.8.42%$1.3639.40%
OGNOrganon & Co.8.37%$0.6131.54%
MITTAG Mortgage Investment Trust, Inc.8.12%$0.7043.47%
CAGConagra Brands, Inc.8.06%$1.3978.70%
NOGNorthern Oil and Gas, Inc.8.02%$1.7794.64%
PAAPlains All American Pipeline, L.P.8.00%$1.4690.71%
TSLXSixth Street Specialty Lending, Inc.8.00%$1.7385.26%
ACCOACCO Brands Corporation7.90%$0.2967.00%
ETDEthan Allen Interiors Inc.7.90%$1.8197.75%
CQPCheniere Energy Partners, L.P.7.82%$4.2388.03%
UNMAUnum Group 6.250% JR NT587.69%$1.7933.52%
WRB-PHW.R. Berkley Corporation 4.125%7.68%$1.2726.69%
JHSJohn Hancock Income Securities Trust7.65%$0.8994.90%
NIDNuveen Intermediate Duration Municipal Term Fund7.59%$1.0284.59%
HWCPZHancock Whitney Corporation - 67.58%$1.7731.35%
WRB-PGW.R. Berkley Corporation 4.25%7.54%$1.2726.69%
NMTNuveen Massachusetts Quality Municipal Income Fund7.48%$0.8580.62%
LOANManhattan Bridge Capital, Inc.7.45%$0.3574.53%
OPALOPAL Fuels Inc.7.43%$0.1846.94%
ZIONLZions Bancorporation N.A. - 6.97.42%$1.8632.04%
GMTAGATX Corporation SR NT 20667.41%$1.8621.29%
IIMInvesco Value Municipal Income Trust7.41%$0.9264.33%
JMMNuveen Multi-Market Income Fund7.28%$0.4461.06%
BKEThe Buckle, Inc.7.26%$3.9196.21%
MHIPioneer Municipal High Income Fund, Inc.7.19%$0.6413.70%
ORIOld Republic International Corporation7.19%$3.1193.13%
PMFPIMCO Municipal Income Fund7.07%$0.5992.59%
RYNRayonier Inc.7.04%$1.5230.67%
DRQDril-Quip, Inc.7.02%$1.0850.37%
TRINITrinity Capital Inc. 7.875% Notes Due 20297.02%$1.7883.48%
C-PNCitigroup Capital XIII TR PFD SECS7.01%$2.1326.99%
VPVInvesco Pennsylvania Value Municipal Income Trust6.98%$0.7360.22%
VCVInvesco California Value Municipal Income Trust6.97%$0.7860.58%
EOTEaton Vance National Municipal Opportunities Trust6.96%$1.1869.84%
FLATXFidelity Latin America Fund6.92%$1.1539.63%
EGYVAALCO Energy, Inc.6.91%$0.2592.67%
NOMNuveen Missouri Quality Municipal Income Fund6.91%$0.8278.81%
UBCPUnited Bancorp, Inc.6.90%$0.9996.30%
TBCAT&T Inc. 5.625% Global Notes d6.89%$1.7255.65%
GTNGray Media, Inc.6.87%$0.3334.04%
HEPHolly Energy Partners, L.P.6.86%$1.4074.08%
AFGAmerican Financial Group, Inc.6.85%$9.2396.49%
BANFPBFC Capital Trust II PFD TR 7.20%6.85%$1.8025.72%
CFG-PDCitizens Financial Group, Inc.6.83%$1.7143.60%
RCIIRent-A-Center, Inc.6.81%$1.8279.98%
SPHSuburban Propane Partners, L.P.6.81%$1.2778.56%