Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Uniphar plc (UPR.IR)

Company Dividend Discount ModelIndustry: Medical - DistributionSector: Healthcare

Valuation Snapshot

Stable Growth$18.71 - $81.75$44.83
Multi-Stage$9.36 - $10.25$9.79
Blended Fair Value$27.31
Current Price$3.75
Upside628.30%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.020.020.020.020.010.000.000.000.000.00
YoY Growth--5.05%3.56%-18.58%187.56%0.00%0.00%0.00%-100.00%0.00%0.00%
Dividend Yield--0.88%0.66%0.56%0.42%0.31%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)111.31
(-) Cash Dividends Paid (M)10.07
(=) Cash Retained (M)101.24
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)22.2613.918.35
Cash Retained (M)101.24101.24101.24
(-) Cash Required (M)-22.26-13.91-8.35
(=) Excess Retained (M)78.9887.3392.90
(/) Shares Outstanding (M)270.79270.79270.79
(=) Excess Retained per Share0.290.320.34
LTM Dividend per Share0.040.040.04
(+) Excess Retained per Share0.290.320.34
(=) Adjusted Dividend0.330.360.38
WACC / Discount Rate7.35%7.35%7.35%
Growth Rate5.50%6.50%7.50%
Fair Value$18.71$44.83$81.75
Upside / Downside398.89%1,095.46%2,080.03%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)111.31118.55126.25134.46143.20152.51157.08
Payout Ratio9.04%25.24%41.43%57.62%73.81%90.00%92.50%
Projected Dividends (M)10.0729.9252.3077.47105.69137.26145.30

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.35%7.35%7.35%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)27.6127.8728.13
Year 2 PV (M)44.5345.3846.24
Year 3 PV (M)60.8762.6264.40
Year 4 PV (M)76.6379.5782.60
Year 5 PV (M)91.8296.26100.86
PV of Terminal Value (M)2,232.262,340.082,452.03
Equity Value (M)2,533.722,651.782,774.26
Shares Outstanding (M)270.79270.79270.79
Fair Value$9.36$9.79$10.25
Upside / Downside149.52%161.14%173.20%

High-Yield Dividend Screener

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