Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Arezzo Indústria e Comércio S.A. (ARZZ3.SA)

Company Dividend Discount ModelIndustry: Apparel - Footwear & AccessoriesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$323.84 - $770.50$722.07
Multi-Stage$115.52 - $126.31$120.82
Blended Fair Value$421.44
Current Price$51.09
Upside724.91%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS32.05%24.28%2.621.590.281.511.270.651.250.260.400.28
YoY Growth--64.90%458.51%-81.19%19.14%94.49%-47.96%373.31%-33.18%40.26%-5.17%
Dividend Yield--4.20%2.53%0.33%2.25%3.64%1.38%2.77%0.99%2.07%1.46%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)438.15
(-) Cash Dividends Paid (M)296.30
(=) Cash Retained (M)141.85
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)87.6354.7732.86
Cash Retained (M)141.85141.85141.85
(-) Cash Required (M)-87.63-54.77-32.86
(=) Excess Retained (M)54.2287.08108.99
(/) Shares Outstanding (M)113.09113.09113.09
(=) Excess Retained per Share0.480.770.96
LTM Dividend per Share2.622.622.62
(+) Excess Retained per Share0.480.770.96
(=) Adjusted Dividend3.103.393.58
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate5.50%6.50%7.50%
Fair Value$323.84$722.07$770.50
Upside / Downside533.86%1,313.33%1,408.12%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)438.15466.63496.96529.26563.67600.30618.31
Payout Ratio67.63%72.10%76.58%81.05%85.53%90.00%92.50%
Projected Dividends (M)296.30336.44380.55428.97482.08540.27571.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)312.91315.88318.85
Year 2 PV (M)329.18335.45341.78
Year 3 PV (M)345.12355.03365.12
Year 4 PV (M)360.72374.59388.86
Year 5 PV (M)376.00394.16413.01
PV of Terminal Value (M)11,340.8311,888.6012,457.33
Equity Value (M)13,064.7613,663.7014,284.95
Shares Outstanding (M)113.09113.09113.09
Fair Value$115.52$120.82$126.31
Upside / Downside126.12%136.48%147.24%

High-Yield Dividend Screener

« Prev Page 54 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600425.SSXinjiang Qingsong Building Materials and Chemicals (Group) Co, Ltd.2.99%$0.1276.32%
605098.SSShanghai Action Education Technology CO.,LTD.2.99%$1.2551.61%
6473.TJTEKT Corporation2.99%$51.9284.17%
B2H.OLB2Holding ASA2.99%$0.2121.39%
GENTERA.MXGentera, S.A.B. de C.V.2.99%$1.3628.15%
JYSK.COJyske Bank A/S2.99%$26.2230.23%
MCGS.QAMedicare Group Q.P.S.C.2.99%$0.2064.83%
002003.SZZhejiang Weixing Industrial Development Co., Ltd.2.98%$0.3255.93%
0RHU.LFlughafen Wien AG2.98%$1.6562.41%
8914.TArealink Co., Ltd.2.98%$31.6944.83%
DXT.TODexterra Group Inc.2.98%$0.3555.12%
NST.AXNorthern Star Resources Limited2.98%$0.7345.12%
600704.SSWuchan Zhongda Group Co.,Ltd.2.97%$0.1722.55%
8593.TMitsubishi HC Capital Inc.2.97%$38.9734.55%
KBL.TOK-Bro Linen Inc.2.97%$1.0469.43%
O10.SIFar East Orchard Limited2.97%$0.0430.11%
PLANB.BKPlan B Media Public Company Limited2.97%$0.1246.85%
005850.KSSL Corporation2.96%$1,235.8318.10%
6527.TWOCrystalvue Medical Corporation2.96%$2.2440.94%
9201.TJapan Airlines Co., Ltd.2.96%$85.8930.05%
9633.HKNongfu Spring Co., Ltd.2.96%$1.4361.73%
9931.TWHsin Kao Gas Co.,Ltd.2.96%$1.0140.68%
FTSFortis Inc.2.96%$1.5447.07%
035890.KQSeohee Construction Co., Ltd.2.95%$47.877.53%
3132.TMacnica Fuji Electronics Holdings, Inc.2.95%$70.5256.32%
600667.SSWuxi Taiji Industry Limited Corporation2.95%$0.2383.84%
603577.SSQingdao Huijintong Power Equipment Co.,Ltd.2.95%$0.3179.62%
603699.SSNeway Valve (Suzhou) Co., Ltd.2.95%$1.5381.92%
000020.KSDongwha Pharm.Co.,Ltd2.94%$182.4465.71%
000895.SZHenan Shuanghui Investment & Development Co.,Ltd.2.94%$0.7852.50%
002540.SZJiangsu Asia-Pacific Light Alloy Technology Co., Ltd.2.94%$0.2163.05%
013120.KQDongWon Development Co.,Ltd.2.94%$80.9285.28%
107590.KSMiwon Holdings Co., Ltd.2.94%$1,985.5919.06%
6779.TNihon Dempa Kogyo Co., Ltd.2.94%$30.0558.30%
8084.TRyoden Corporation2.94%$106.2946.57%
8890.TRaysum Co., Ltd.2.94%$173.1650.05%
9303.TThe Sumitomo Warehouse Co., Ltd.2.94%$104.4036.71%
APZ.AXAspen Group2.94%$0.1631.96%
FSECURE.HEF-Secure Oyj2.94%$0.0645.60%
RELAIS.HERelais Group Oyj2.94%$0.5054.01%
0QN2.LInterroll Holding AG2.93%$63.8341.54%
3515.TWASROCK Incorporation2.93%$7.3057.65%
601619.SSNingxia Jiaze Renewables Corporation Limited2.93%$0.1356.17%
8508.TJ Trust Co., Ltd.2.93%$13.9739.79%
000166.SZShenwan Hongyuan Group Co., Ltd.2.92%$0.1541.10%
002299.SZFujian Sunner Development Co., Ltd.2.92%$0.4839.69%
4949.TWWin Win Precision Technology Co., Ltd.2.92%$1.0855.94%
5386.TTsuruya Co., Ltd.2.92%$11.9857.58%
600267.SSZhejiang Hisun Pharmaceutical Co., Ltd.2.92%$0.2961.49%
600758.SSLIAONING ENERGY INDUSTRY Co.,LTD2.92%$0.1169.99%