Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

The Scottish American Investment Company PLC (SAIN.L)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$9.30 - $18.18$12.81
Multi-Stage$8.28 - $9.04$8.65
Blended Fair Value$10.73
Current Price$5.09
Upside110.83%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.72%6.42%0.150.140.140.120.100.100.090.080.080.08
YoY Growth--4.04%4.19%13.28%13.99%8.53%7.88%6.67%2.65%1.75%2.05%
Dividend Yield--2.93%2.63%2.66%2.20%2.25%2.26%2.55%2.28%2.52%3.06%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)98.78
(-) Cash Dividends Paid (M)45.56
(=) Cash Retained (M)53.23
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)19.7612.357.41
Cash Retained (M)53.2353.2353.23
(-) Cash Required (M)-19.76-12.35-7.41
(=) Excess Retained (M)33.4740.8845.82
(/) Shares Outstanding (M)176.40176.40176.40
(=) Excess Retained per Share0.190.230.26
LTM Dividend per Share0.260.260.26
(+) Excess Retained per Share0.190.230.26
(=) Adjusted Dividend0.450.490.52
WACC / Discount Rate9.45%9.45%9.45%
Growth Rate4.42%5.42%6.42%
Fair Value$9.30$12.81$18.18
Upside / Downside82.63%151.67%257.14%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)98.78104.14109.78115.73122.01128.62132.48
Payout Ratio46.12%54.89%63.67%72.45%81.22%90.00%92.50%
Projected Dividends (M)45.5657.1669.9083.8499.10115.76122.54

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.45%9.45%9.45%
Growth Rate4.42%5.42%6.42%
Year 1 PV (M)51.7352.2352.72
Year 2 PV (M)57.2458.3559.46
Year 3 PV (M)62.1463.9465.78
Year 4 PV (M)66.4769.0571.71
Year 5 PV (M)70.2673.6977.25
PV of Terminal Value (M)1,152.681,208.941,267.38
Equity Value (M)1,460.521,526.201,594.30
Shares Outstanding (M)176.40176.40176.40
Fair Value$8.28$8.65$9.04
Upside / Downside62.67%69.98%77.57%

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%