Definitive Analysis
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Analysis Mode

Ticker

Industry

Sector

Companhia de Eletricidade do Estado da Bahia - COELBA (CEEB3.SA)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$858.86 - $1,582.07$1,482.63
Multi-Stage$249.44 - $273.07$261.04
Blended Fair Value$871.84
Current Price$37.49
Upside2,225.52%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.83%48.78%2.714.456.396.530.434.081.230.030.471.14
YoY Growth---39.02%-30.35%-2.16%1,427.68%-89.52%232.82%3,984.04%-93.62%-58.80%2,136.97%
Dividend Yield--7.04%11.41%16.59%17.65%1.07%10.47%4.15%0.12%2.10%4.63%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,085.00
(-) Cash Dividends Paid (M)792.00
(=) Cash Retained (M)1,293.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)417.00260.63156.38
Cash Retained (M)1,293.001,293.001,293.00
(-) Cash Required (M)-417.00-260.63-156.38
(=) Excess Retained (M)876.001,032.381,136.63
(/) Shares Outstanding (M)262.10262.10262.10
(=) Excess Retained per Share3.343.944.34
LTM Dividend per Share3.023.023.02
(+) Excess Retained per Share3.343.944.34
(=) Adjusted Dividend6.366.967.36
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Fair Value$858.86$1,482.63$1,582.07
Upside / Downside2,190.90%3,854.74%4,119.98%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,085.002,220.532,364.862,518.572,682.282,856.632,942.33
Payout Ratio37.99%48.39%58.79%69.19%79.60%90.00%92.50%
Projected Dividends (M)792.001,074.481,390.331,742.712,135.022,570.972,721.65

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)1,001.481,010.971,020.46
Year 2 PV (M)1,207.831,230.841,254.06
Year 3 PV (M)1,411.101,451.611,492.88
Year 4 PV (M)1,611.311,673.271,737.01
Year 5 PV (M)1,808.501,895.851,986.54
PV of Terminal Value (M)58,337.6261,155.3464,080.91
Equity Value (M)65,377.8368,417.8871,571.87
Shares Outstanding (M)262.10262.10262.10
Fair Value$249.44$261.04$273.07
Upside / Downside565.36%596.30%628.39%

High-Yield Dividend Screener

« Prev Page 46 of 151 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ATCOLAtlas Corp.3.53%$0.8930.47%
AWC-R.BKAsset World Corp Public Company Limited3.53%$0.0737.62%
CCRO3.SACCR S.A.3.53%$0.4866.57%
HMU.DEHMS Bergbau AG3.53%$1.6929.89%
RAUTE.HERaute Oyj3.53%$0.5226.97%
RWE.DERWE AG3.53%$1.6646.76%
SNL.AXSupply Network Limited3.53%$1.1367.28%
0NHS.LNutrien Ltd.3.52%$2.1858.76%
CELL.MICellularline S.p.A.3.52%$0.0934.70%
INFREA.STInfrea AB3.52%$0.5067.57%
ISSP.JKPT Steel Pipe Industry of Indonesia Tbk3.52%$15.0019.85%
MGAMagna International Inc.3.52%$1.9252.47%
PARP.PAGroupe Partouche S.A.3.52%$0.6438.61%
PKI.TOParkland Corporation3.52%$1.4073.81%
SMU.SNSMU S.A.3.52%$5.4946.99%
161390.KSHankook Tire & Technology Co., Ltd.3.51%$2,000.0025.86%
300360.SZHangzhou Sunrise Technology Co., Ltd.3.51%$0.6152.03%
5106.KLAxis Real Estate Investment Trust3.51%$0.0756.99%
601128.SSJiangsu Changshu Rural Commercial Bank Co., Ltd.3.51%$0.2519.56%
INTP.JKPT Indocement Tunggal Prakarsa Tbk3.51%$259.8143.04%
RATO-A.STRatos AB (publ)3.51%$1.3512.15%
002887.SZTianjin LVYIN Landscape and Ecology Construction Co., Ltd3.50%$0.3384.50%
603062.SSMEGA P&C Advanced Materials (Shanghai) Company Limited3.50%$1.6674.27%
CMCLCaledonia Mining Corporation Plc3.50%$0.9235.87%
DLODLocal Limited3.50%$0.4987.74%
LAZLazard Ltd3.50%$1.7467.48%
TWL.MITraWell Co S.p.A.3.50%$0.2128.69%
WJP.SIVICOM Ltd3.50%$0.0666.95%
005610.KSSPC Samlip Co., Ltd.3.49%$1,803.3945.19%
0RFL.LVAT Group AG3.49%$12.5088.50%
2030.HKCabbeen Fashion Limited3.49%$0.0563.92%
5206.TWOKunyue Development Co., Ltd.3.49%$1.1821.91%
5246.KLWestports Holdings Berhad3.49%$0.2071.36%
5989.TH-One Co.,Ltd.3.49%$49.4414.49%
ACO-X.TOATCO Ltd.3.49%$1.9850.80%
CNICanadian National Railway Company3.49%$3.5050.64%
PEAB3.SACompanhia de Participações Aliança da Bahia3.49%$1.3678.68%
026960.KSDong Suh Companies Inc.3.48%$905.3362.72%
055550.KSShinhan Financial Group Co., Ltd.3.48%$2,668.7426.55%
0QK5.LINFICON Holding AG3.48%$3.4443.54%
6722.TWOWhetron Electronics Co.,Ltd.3.48%$1.9924.71%
HOLM-A.STHolmen AB (publ)3.48%$12.2366.11%
002206.SZZhejiang Hailide New Material Co.,Ltd3.47%$0.2043.30%
3004.SRNorthern Region Cement Company3.47%$0.2579.89%
4129.TWOUnited Orthopedic Corporation3.47%$3.8069.70%
600133.SSWuhan East Lake High Technology Group Co., Ltd.3.47%$0.3287.27%
601995.SSChina International Capital Corporation Limited3.47%$1.2162.35%
6471.TNSK Ltd.3.47%$33.8292.34%
CSED3.SACruzeiro do Sul Educacional S.A.3.47%$0.2130.49%
GPRA.JKPT Perdana Gapuraprima Tbk3.47%$5.0018.12%