Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

DynaColor, Inc. (5489.TWO)

Company Dividend Discount ModelIndustry: Consumer ElectronicsSector: Technology

Valuation Snapshot

Stable Growth$16.05 - $23.82$19.76
Multi-Stage$30.38 - $33.37$31.84
Blended Fair Value$25.80
Current Price$49.90
Upside-48.29%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS-12.68%0.00%1.011.521.001.011.521.990.000.000.000.00
YoY Growth---33.77%52.17%-0.59%-33.64%-23.66%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--2.58%4.04%2.64%0.00%0.00%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)199.48
(-) Cash Dividends Paid (M)100.59
(=) Cash Retained (M)98.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)39.9024.9414.96
Cash Retained (M)98.8998.8998.89
(-) Cash Required (M)-39.90-24.94-14.96
(=) Excess Retained (M)59.0073.9683.93
(/) Shares Outstanding (M)99.8099.8099.80
(=) Excess Retained per Share0.590.740.84
LTM Dividend per Share1.011.011.01
(+) Excess Retained per Share0.590.740.84
(=) Adjusted Dividend1.601.751.85
WACC / Discount Rate7.76%7.76%7.76%
Growth Rate-2.00%-1.00%0.00%
Fair Value$16.05$19.76$23.82
Upside / Downside-67.83%-60.40%-52.27%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)199.48197.49195.51193.56191.62189.70195.40
Payout Ratio50.42%58.34%66.25%74.17%82.08%90.00%92.50%
Projected Dividends (M)100.59115.21129.54143.56157.29170.73180.74

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.76%7.76%7.76%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)105.83106.91107.99
Year 2 PV (M)109.30111.54113.81
Year 3 PV (M)111.27114.71118.23
Year 4 PV (M)111.99116.63121.42
Year 5 PV (M)111.66117.48123.53
PV of Terminal Value (M)2,481.462,610.672,745.22
Equity Value (M)3,031.523,177.953,330.19
Shares Outstanding (M)99.8099.8099.80
Fair Value$30.38$31.84$33.37
Upside / Downside-39.12%-36.18%-33.13%

High-Yield Dividend Screener

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