Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ege Endüstri ve Ticaret A.S. (EGEEN.IS)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$7,465.34 - $18,248.36$17,101.38
Multi-Stage$2,749.05 - $3,003.77$2,874.09
Blended Fair Value$9,987.74
Current Price$8,110.00
Upside23.15%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS22.44%37.67%131.06116.9279.2862.8618.6047.6227.5913.1913.2310.68
YoY Growth--12.09%47.47%26.11%238.05%-60.95%72.58%109.25%-0.33%23.84%99.43%
Dividend Yield--1.42%0.78%1.74%3.40%1.18%9.58%5.99%3.44%5.09%3.36%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)289.04
(-) Cash Dividends Paid (M)251.56
(=) Cash Retained (M)37.48
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)57.8136.1321.68
Cash Retained (M)37.4837.4837.48
(-) Cash Required (M)-57.81-36.13-21.68
(=) Excess Retained (M)-20.331.3515.80
(/) Shares Outstanding (M)3.153.153.15
(=) Excess Retained per Share-6.450.435.02
LTM Dividend per Share79.8679.8679.86
(+) Excess Retained per Share-6.450.435.02
(=) Adjusted Dividend73.4180.2984.88
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate5.50%6.50%7.50%
Fair Value$7,465.34$17,101.38$18,248.36
Upside / Downside-7.95%110.87%125.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)289.04307.82327.83349.14371.84396.01407.89
Payout Ratio87.03%87.63%88.22%88.81%89.41%90.00%92.50%
Projected Dividends (M)251.56269.74289.21310.08332.45356.41377.30

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)250.81253.18255.56
Year 2 PV (M)250.05254.81259.62
Year 3 PV (M)249.28256.43263.72
Year 4 PV (M)248.50258.06267.89
Year 5 PV (M)247.71259.68272.10
PV of Terminal Value (M)7,413.177,771.238,143.00
Equity Value (M)8,659.529,053.399,461.89
Shares Outstanding (M)3.153.153.15
Fair Value$2,749.05$2,874.09$3,003.77
Upside / Downside-66.10%-64.56%-62.96%

High-Yield Dividend Screener

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