Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

PJSC PIK-specialized homebuilder (PIKK.ME)

Company Dividend Discount ModelIndustry: Real Estate - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$1,387.08 - $2,153.58$1,741.68
Multi-Stage$3,178.80 - $3,502.02$3,337.22
Blended Fair Value$2,539.45
Current Price$598.80
Upside324.09%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202120202019201820172016201520142013
DPS0.00%0.00%0.0045.6722.7922.7922.790.000.000.004.180.00
YoY Growth---100.00%100.41%0.00%0.00%0.00%0.00%0.00%-100.00%0.00%0.00%
Dividend Yield--0.00%4.14%3.82%5.69%6.08%0.00%0.00%0.00%2.23%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)97,008.77
(-) Cash Dividends Paid (M)30,209.00
(=) Cash Retained (M)66,799.77
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)19,401.7512,126.107,275.66
Cash Retained (M)66,799.7766,799.7766,799.77
(-) Cash Required (M)-19,401.75-12,126.10-7,275.66
(=) Excess Retained (M)47,398.0254,673.6859,524.11
(/) Shares Outstanding (M)658.20658.20658.20
(=) Excess Retained per Share72.0183.0790.44
LTM Dividend per Share45.9045.9045.90
(+) Excess Retained per Share72.0183.0790.44
(=) Adjusted Dividend117.91128.96136.33
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1,387.08$1,741.68$2,153.58
Upside / Downside131.64%190.86%259.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)97,008.7796,038.6895,078.3094,127.5193,186.2492,254.3895,022.01
Payout Ratio31.14%42.91%54.68%66.46%78.23%90.00%92.50%
Projected Dividends (M)30,209.0041,212.4951,992.8962,553.5672,897.8283,028.9487,895.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)38,367.3738,758.8739,150.38
Year 2 PV (M)45,061.9845,986.3146,920.02
Year 3 PV (M)50,472.1252,033.0053,625.74
Year 4 PV (M)54,757.9557,027.4159,366.70
Year 5 PV (M)58,062.4461,085.8964,233.99
PV of Terminal Value (M)1,845,553.681,941,655.942,041,720.57
Equity Value (M)2,092,275.552,196,547.432,305,017.39
Shares Outstanding (M)658.20658.20658.20
Fair Value$3,178.80$3,337.22$3,502.02
Upside / Downside430.86%457.32%484.84%

High-Yield Dividend Screener

« Prev Page 5 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PFEPfizer Inc.6.75%$1.7098.83%
COGCabot Oil & Gas Corporation6.71%$1.4952.20%
VZVerizon Communications Inc.6.66%$2.7057.56%
ACAssociated Capital Group, Inc.6.63%$2.2186.94%
VACMarriott Vacations Worldwide Corporation6.62%$3.9078.61%
SSTKShutterstock, Inc.6.61%$1.2475.34%
EPDEnterprise Products Partners L.P.6.60%$2.1280.06%
SXCSunCoke Energy, Inc.6.57%$0.4863.44%
DINDine Brands Global, Inc.6.56%$2.1890.98%
CBLCBL & Associates Properties, Inc.6.54%$2.4261.13%
CRICarter's, Inc.6.47%$2.1585.39%
KYNKayne Anderson Energy Infrastructure Fund, Inc.6.47%$0.8035.36%
SMMCXWestern Asset Managed Municipals Fund Class C6.45%$0.9671.65%
HESMHess Midstream LP6.39%$2.2187.39%
WRB-PFW.R. Berkley Corporation 5.10%6.38%$1.2726.69%
RMTRoyce Micro-Cap Trust, Inc.6.37%$0.6732.29%
PNFPIMCO New York Municipal Income Fund6.30%$0.4854.92%
ENREnergizer Holdings, Inc.6.29%$1.2536.44%
UPSUnited Parcel Service, Inc.6.29%$6.3598.06%
NWBINorthwest Bancshares, Inc.6.27%$0.7593.81%
UIHCUnited Insurance Holdings Corp.6.27%$0.485.99%
TROWT. Rowe Price Group, Inc.6.24%$6.5369.41%
JRSHJerash Holdings (US), Inc.6.20%$0.190.52%
MUABlackRock MuniAssets Fund, Inc.6.14%$0.6673.39%
VKIInvesco Advantage Municipal Income Trust II6.11%$0.5676.68%
GL-PDGlobe Life Inc. 4.25% Junior Su6.10%$1.037.35%
CLNYColony Capital, Inc.6.07%$0.5213.43%
OMFOneMain Holdings, Inc.6.07%$4.2071.06%
VICIVICI Properties Inc.6.07%$1.7165.54%
IMMRImmersion Corporation6.06%$0.3914.22%
KRNYKearny Financial Corp.5.99%$0.4493.99%
DMFBNY Mellon Municipal Income, Inc.5.97%$0.4129.64%
UNBUnion Bankshares, Inc.5.96%$1.4157.02%
ARTMXArtisan Mid Cap Fund Inv Shs5.91%$1.9591.77%
SABASaba Capital Income & Opportunities Fund II5.87%$0.4924.55%
BRDBeard Energy Transition Acquisition Corp.5.86%$0.6395.51%
ETRNEquitrans Midstream Corporation5.81%$0.7269.91%
EHLDVEuroholdings Ltd5.80%$0.285.02%
REPXRiley Exploration Permian, Inc.5.80%$1.5438.01%
AIIAmerican Integrity Insurance Group, Inc.5.79%$1.1726.25%
VRTSVirtus Investment Partners, Inc.5.75%$9.3547.12%
CXHMFS Investment Grade Municipal Trust5.74%$0.4680.40%
GESGuess', Inc.5.72%$0.9661.52%
KRCKilroy Realty Corporation5.71%$2.1779.80%
WRB-PEW. R. Berkley Corporation 5.70% SB DB 20585.68%$1.2726.69%
LEOBNY Mellon Strategic Municipals, Inc.5.66%$0.3637.22%
WLYBJohn Wiley & Sons, Inc.5.64%$1.7692.90%
KMPBKemper Corporation 5.875% Fixed5.60%$1.3132.45%
CBTXCBTX, Inc.5.56%$1.6354.55%
0HST.LCampbell Soup Company5.53%$1.5580.10%