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Jaguar Global Growth Corporation I (JGGC)

Company Dividend Discount ModelIndustry: Shell CompaniesSector: Financial Services

Valuation Snapshot

Stable Growth$1.64 - $2.37$2.00
Multi-Stage$2.79 - $3.06$2.92
Blended Fair Value$2.46
Current Price$10.58
Upside-76.75%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20222021
DPS0.00%0.00%0.110.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--1.08%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7.14
(-) Cash Dividends Paid (M)4.50
(=) Cash Retained (M)2.63
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1.430.890.54
Cash Retained (M)2.632.632.63
(-) Cash Required (M)-1.43-0.89-0.54
(=) Excess Retained (M)1.211.742.10
(/) Shares Outstanding (M)30.6730.6730.67
(=) Excess Retained per Share0.040.060.07
LTM Dividend per Share0.150.150.15
(+) Excess Retained per Share0.040.060.07
(=) Adjusted Dividend0.190.200.22
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1.64$2.00$2.37
Upside / Downside-84.46%-81.13%-77.64%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7.147.066.996.926.856.796.99
Payout Ratio63.08%68.46%73.85%79.23%84.62%90.00%92.50%
Projected Dividends (M)4.504.845.165.495.806.116.47

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)4.394.434.48
Year 2 PV (M)4.254.344.43
Year 3 PV (M)4.104.224.35
Year 4 PV (M)3.934.094.26
Year 5 PV (M)3.763.954.16
PV of Terminal Value (M)65.2068.6072.13
Equity Value (M)85.6389.6493.81
Shares Outstanding (M)30.6730.6730.67
Fair Value$2.79$2.92$3.06
Upside / Downside-73.61%-72.37%-71.09%

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