Definitive Analysis
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

WLM Participações e Comércio de Máquinas e Veículos S.A. (WLMM3.SA)

Company Dividend Discount ModelIndustry: Auto - DealershipsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$162.03 - $617.78$468.34
Multi-Stage$76.95 - $84.16$80.49
Blended Fair Value$274.41
Current Price$20.29
Upside1,252.45%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS28.47%1.69%0.660.390.510.340.320.190.000.000.081.26
YoY Growth--66.32%-23.22%51.00%7.59%68.71%0.00%0.00%-100.00%-93.83%126.73%
Dividend Yield--2.12%1.82%2.39%0.98%1.32%1.40%0.00%0.00%3.63%66.90%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)117.74
(-) Cash Dividends Paid (M)47.17
(=) Cash Retained (M)70.57
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)23.5514.728.83
Cash Retained (M)70.5770.5770.57
(-) Cash Required (M)-23.55-14.72-8.83
(=) Excess Retained (M)47.0255.8661.74
(/) Shares Outstanding (M)37.9037.9037.90
(=) Excess Retained per Share1.241.471.63
LTM Dividend per Share1.241.241.24
(+) Excess Retained per Share1.241.471.63
(=) Adjusted Dividend2.492.722.87
WACC / Discount Rate7.12%7.12%7.12%
Growth Rate5.50%6.50%7.50%
Fair Value$162.03$468.34$617.78
Upside / Downside698.57%2,208.21%2,944.76%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)117.74125.39133.54142.23151.47161.32166.15
Payout Ratio40.06%50.05%60.04%70.02%80.01%90.00%92.50%
Projected Dividends (M)47.1762.7680.1899.59121.19145.18153.69

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.12%7.12%7.12%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)58.0458.5959.14
Year 2 PV (M)68.5769.8771.19
Year 3 PV (M)78.7781.0383.33
Year 4 PV (M)88.6492.0595.56
Year 5 PV (M)98.20102.94107.87
PV of Terminal Value (M)2,524.402,646.332,772.93
Equity Value (M)2,916.623,050.823,190.02
Shares Outstanding (M)37.9037.9037.90
Fair Value$76.95$80.49$84.16
Upside / Downside279.25%296.70%314.80%

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%