Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Eurofins Scientific SE (ESF.VI)

Company Dividend Discount ModelIndustry: Medical - Diagnostics & ResearchSector: Healthcare

Valuation Snapshot

Stable Growth$139.57 - $624.61$325.46
Multi-Stage$73.93 - $80.76$77.28
Blended Fair Value$201.37
Current Price$60.68
Upside231.86%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.30%17.97%0.490.990.990.670.000.260.220.180.120.11
YoY Growth---50.18%-0.10%48.11%43,133.33%-99.41%20.91%21.29%55.50%9.98%11.47%
Dividend Yield--1.00%1.67%1.44%0.60%0.00%0.40%0.33%0.27%0.18%0.16%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)608.60
(-) Cash Dividends Paid (M)378.70
(=) Cash Retained (M)229.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)121.7276.0845.65
Cash Retained (M)229.90229.90229.90
(-) Cash Required (M)-121.72-76.08-45.65
(=) Excess Retained (M)108.18153.83184.26
(/) Shares Outstanding (M)193.78193.78193.78
(=) Excess Retained per Share0.560.790.95
LTM Dividend per Share1.951.951.95
(+) Excess Retained per Share0.560.790.95
(=) Adjusted Dividend2.512.752.91
WACC / Discount Rate7.40%7.40%7.40%
Growth Rate5.50%6.50%7.50%
Fair Value$139.57$325.46$624.61
Upside / Downside130.00%436.35%929.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)608.60648.16690.29735.16782.94833.83858.85
Payout Ratio62.22%67.78%73.33%78.89%84.44%90.00%92.50%
Projected Dividends (M)378.70439.32506.22579.97661.16750.45794.44

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.40%7.40%7.40%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)405.21409.05412.89
Year 2 PV (M)430.67438.87447.15
Year 3 PV (M)455.10468.16481.48
Year 4 PV (M)478.53496.93515.86
Year 5 PV (M)500.99525.19550.31
PV of Terminal Value (M)12,055.5212,637.8113,242.38
Equity Value (M)14,326.0314,976.0215,650.08
Shares Outstanding (M)193.78193.78193.78
Fair Value$73.93$77.28$80.76
Upside / Downside21.84%27.36%33.10%

High-Yield Dividend Screener

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