Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

OPAL Fuels Inc. (OPAL)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$3.14 - $4.67$3.87
Multi-Stage$5.98 - $6.57$6.27
Blended Fair Value$5.07
Current Price$2.20
Upside130.34%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS0.00%0.00%0.000.000.000.130.030.010.000.000.000.00
YoY Growth--0.00%0.00%-100.00%333.69%110.89%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%0.00%0.00%1.30%0.30%0.14%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)11.15
(-) Cash Dividends Paid (M)5.23
(=) Cash Retained (M)5.92
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2.231.390.84
Cash Retained (M)5.925.925.92
(-) Cash Required (M)-2.23-1.39-0.84
(=) Excess Retained (M)3.694.525.08
(/) Shares Outstanding (M)28.7428.7428.74
(=) Excess Retained per Share0.130.160.18
LTM Dividend per Share0.180.180.18
(+) Excess Retained per Share0.130.160.18
(=) Adjusted Dividend0.310.340.36
WACC / Discount Rate7.68%7.68%7.68%
Growth Rate-2.00%-1.00%0.00%
Fair Value$3.14$3.87$4.67
Upside / Downside42.76%75.90%112.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)11.1511.0410.9310.8210.7110.6010.92
Payout Ratio46.94%55.55%64.16%72.77%81.39%90.00%92.50%
Projected Dividends (M)5.236.137.017.878.729.5410.10

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.68%7.68%7.68%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)5.645.695.75
Year 2 PV (M)5.936.056.17
Year 3 PV (M)6.126.316.50
Year 4 PV (M)6.236.486.75
Year 5 PV (M)6.276.596.93
PV of Terminal Value (M)141.59148.96156.63
Equity Value (M)171.76180.08188.74
Shares Outstanding (M)28.7428.7428.74
Fair Value$5.98$6.27$6.57
Upside / Downside171.62%184.79%198.47%

High-Yield Dividend Screener

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