Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Gentera, S.A.B. de C.V. (GENTERA.MX)

Company Dividend Discount ModelIndustry: Financial - Credit ServicesSector: Financial Services

Valuation Snapshot

Stable Growth$119.13 - $332.49$184.98
Multi-Stage$80.75 - $88.21$84.41
Blended Fair Value$134.69
Current Price$40.09
Upside235.98%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS26.07%0.00%1.211.170.600.000.000.380.690.800.800.80
YoY Growth--3.63%94.04%0.00%0.00%-100.00%-45.30%-13.35%-0.16%0.97%0.00%
Dividend Yield--3.84%4.21%3.05%0.00%0.00%4.20%4.52%6.29%2.60%2.34%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,619.07
(-) Cash Dividends Paid (M)2,144.98
(=) Cash Retained (M)5,474.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,523.81952.38571.43
Cash Retained (M)5,474.105,474.105,474.10
(-) Cash Required (M)-1,523.81-952.38-571.43
(=) Excess Retained (M)3,950.284,521.714,902.67
(/) Shares Outstanding (M)1,559.721,559.721,559.72
(=) Excess Retained per Share2.532.903.14
LTM Dividend per Share1.381.381.38
(+) Excess Retained per Share2.532.903.14
(=) Adjusted Dividend3.914.274.52
WACC / Discount Rate8.96%8.96%8.96%
Growth Rate5.50%6.50%7.50%
Fair Value$119.13$184.98$332.49
Upside / Downside197.15%361.40%729.36%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,619.078,114.318,641.749,203.469,801.6810,438.7910,751.95
Payout Ratio28.15%40.52%52.89%65.26%77.63%90.00%92.50%
Projected Dividends (M)2,144.983,288.104,570.766,006.287,609.109,394.919,945.56

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.96%8.96%8.96%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2,989.353,017.683,046.02
Year 2 PV (M)3,777.923,849.883,922.51
Year 3 PV (M)4,513.384,642.944,774.96
Year 4 PV (M)5,198.305,398.215,603.84
Year 5 PV (M)5,835.166,117.016,409.63
PV of Terminal Value (M)103,627.75108,633.01113,829.83
Equity Value (M)125,941.86131,658.72137,586.79
Shares Outstanding (M)1,559.721,559.721,559.72
Fair Value$80.75$84.41$88.21
Upside / Downside101.41%110.56%120.04%

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