Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Reunert Limited (RLO.JO)

Company Dividend Discount ModelIndustry: Electrical Equipment & PartsSector: Industrials

Valuation Snapshot

Stable Growth$1,961.63 - $2,311.99$2,166.27
Multi-Stage$1,226.25 - $1,347.42$1,285.68
Blended Fair Value$1,725.98
Current Price$53.80
Upside3,108.14%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-4.11%-0.64%3.543.262.952.722.554.374.854.664.414.15
YoY Growth--8.52%10.43%8.67%6.64%-41.63%-9.96%4.02%5.75%6.26%9.92%
Dividend Yield--6.58%4.03%4.91%6.28%5.36%15.25%7.03%6.08%6.51%6.79%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,963.00
(-) Cash Dividends Paid (M)1,552.00
(=) Cash Retained (M)411.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)392.60245.38147.23
Cash Retained (M)411.00411.00411.00
(-) Cash Required (M)-392.60-245.38-147.23
(=) Excess Retained (M)18.40165.63263.78
(/) Shares Outstanding (M)165.61165.61165.61
(=) Excess Retained per Share0.111.001.59
LTM Dividend per Share9.379.379.37
(+) Excess Retained per Share0.111.001.59
(=) Adjusted Dividend9.4810.3710.96
WACC / Discount Rate2.63%2.63%2.63%
Growth Rate3.44%4.44%5.44%
Fair Value$1,961.63$2,166.27$2,311.99
Upside / Downside3,546.15%3,926.53%4,197.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,963.002,050.082,141.022,236.002,335.192,438.782,511.94
Payout Ratio79.06%81.25%83.44%85.63%87.81%90.00%92.50%
Projected Dividends (M)1,552.001,665.691,786.421,914.572,050.592,194.902,323.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.63%2.63%2.63%
Growth Rate3.44%4.44%5.44%
Year 1 PV (M)1,607.451,622.991,638.53
Year 2 PV (M)1,663.681,696.001,728.64
Year 3 PV (M)1,720.691,771.081,822.44
Year 4 PV (M)1,778.491,848.271,920.08
Year 5 PV (M)1,837.091,927.632,021.70
PV of Terminal Value (M)194,476.41204,060.75214,019.30
Equity Value (M)203,083.80212,926.71223,150.69
Shares Outstanding (M)165.61165.61165.61
Fair Value$1,226.25$1,285.68$1,347.42
Upside / Downside2,179.28%2,289.75%2,404.50%

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