Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Transmissora Aliança de Energia Elétrica S.A. (TAEE3.SA)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$269.92 - $497.21$465.96
Multi-Stage$78.95 - $86.39$82.60
Blended Fair Value$274.28
Current Price$12.13
Upside2,161.18%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS9.10%-0.04%1.461.462.432.251.610.951.390.881.351.10
YoY Growth--0.25%-39.96%7.79%40.26%69.83%-32.17%57.85%-34.70%23.06%-25.10%
Dividend Yield--12.93%12.07%20.91%15.17%12.45%10.62%14.97%11.32%13.09%10.64%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,722.58
(-) Cash Dividends Paid (M)846.86
(=) Cash Retained (M)875.72
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)344.52215.32129.19
Cash Retained (M)875.72875.72875.72
(-) Cash Required (M)-344.52-215.32-129.19
(=) Excess Retained (M)531.21660.40746.53
(/) Shares Outstanding (M)689.00689.00689.00
(=) Excess Retained per Share0.770.961.08
LTM Dividend per Share1.231.231.23
(+) Excess Retained per Share0.770.961.08
(=) Adjusted Dividend2.002.192.31
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Fair Value$269.92$465.96$497.21
Upside / Downside2,125.24%3,741.39%3,999.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,722.581,834.551,953.792,080.792,216.042,360.082,430.89
Payout Ratio49.16%57.33%65.50%73.66%81.83%90.00%92.50%
Projected Dividends (M)846.861,051.741,279.681,532.811,813.442,124.082,248.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)980.29989.58998.87
Year 2 PV (M)1,111.711,132.881,154.26
Year 3 PV (M)1,241.141,276.771,313.07
Year 4 PV (M)1,368.611,421.241,475.38
Year 5 PV (M)1,494.141,566.311,641.24
PV of Terminal Value (M)48,197.2250,525.1752,942.21
Equity Value (M)54,393.1156,911.9559,525.03
Shares Outstanding (M)689.00689.00689.00
Fair Value$78.95$82.60$86.39
Upside / Downside550.83%580.96%612.23%

High-Yield Dividend Screener

« Prev Page 42 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0O1S.LAlten S.A.3.81%$4.4339.82%
3607.TKuraudia Holdings Co.,Ltd.3.81%$11.9934.63%
7179.KLLagenda Properties Berhad3.81%$0.0530.12%
8188.HKGME Group Holdings Limited3.81%$0.0423.08%
FC9.DEFCR Immobilien AG3.81%$0.4615.59%
PSGO.JKPT Palma Serasih Tbk3.81%$8.0038.48%
TASA3.SATaurus Armas S.A.3.81%$0.1920.71%
000726.SZLu Thai Textile Co., Ltd.3.80%$0.2741.15%
012750.KSS-1 Corporation3.80%$2,699.9250.51%
603198.SSAnhui Yingjia Distillery Co., Ltd.3.80%$1.5057.46%
8273.TIzumi Co., Ltd.3.80%$113.8567.94%
LMKDC.ISLimak Dogu Anadolu Cimento Sny Ve Tcr AS3.80%$1.0927.90%
THULE.STThule Group AB (publ)3.80%$8.8190.05%
ZUGER.SWZuger Kantonalbank3.80%$335.4837.77%
000430.KSDaewon Kang Up Co., Ltd.3.79%$151.1888.95%
0558.HKL.K. Technology Holdings Limited3.79%$0.1321.83%
1888.HKKingboard Laminates Holdings Limited3.79%$0.5157.98%
603055.SSZhe Jiang Taihua New Material Co., Ltd.3.79%$0.3660.25%
CPU.AXComputershare Limited3.79%$1.2951.79%
INDS.JKPT Indospring Tbk3.79%$8.5681.55%
002120.SZYUNDA Holding Co., Ltd.3.78%$0.2559.62%
6305.THitachi Construction Machinery Co., Ltd.3.78%$175.1342.61%
GROREIT.BKGrande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition3.78%$0.2834.44%
QNBK.QAQatar National Bank (Q.P.S.C.)3.78%$0.7138.00%
SISB.BKSISB Public Company Limited3.78%$0.4242.68%
078520.KSAble C&C Co., Ltd.3.77%$412.0869.50%
192400.KSCuckoo Holdings Co., Ltd.3.77%$1,087.9926.79%
6435.TWOSinopower Semiconductor, Inc.3.77%$4.2656.41%
6523.TPHC Holdings Corporation3.77%$41.8790.94%
6724.TSeiko Epson Corporation3.77%$74.7647.38%
ASCArdmore Shipping Corporation3.77%$0.3945.12%
BAHN-B.STBahnhof AB (publ)3.77%$2.0097.05%
CNDF.PACaisse Régionale de Crédit Agricole Mutuel Nord de France Société coopérative3.77%$1.0314.19%
0QLT.LGraubündner Kantonalbank3.76%$69.0139.45%
603587.SSDazzle Fashion Co., Ltd3.76%$0.5090.21%
A1OS.DEAll for One Group SE3.76%$1.6250.06%
CWY.AXCleanaway Waste Management Limited3.76%$0.1069.98%
GYT.BKGoodyear (Thailand) Public Company Limited3.76%$7.4022.93%
KARE.ATKarelia Tobacco Company Inc.3.76%$13.3038.58%
THEP.PAThermador Groupe S.A.3.76%$2.9736.00%
000708.SZCitic Pacific Special Steel Group Co., Ltd.3.75%$0.6156.33%
002615.SZZheJiang Haers Vacuum Containers Co.,Ltd.3.75%$0.2979.55%
004980.KSSungshin Cement Co., Ltd3.75%$351.1039.08%
2072.TWOCentury Wind Power Co., Ltd.3.75%$10.1549.95%
3455.TWOUtechzone Co., Ltd.3.75%$4.4995.02%
600519.SSKweichow Moutai Co., Ltd.3.75%$51.6271.84%
KUAS.JKPT Ace Oldfields Tbk3.75%$3.0033.35%
002142.SZBank of Ningbo Co., Ltd.3.74%$1.0524.03%
083420.KSGreen Chemical Co., Ltd.3.74%$240.1458.66%
0QPY.LSonova Holding AG3.74%$8.8746.46%