Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Italgas S.p.A. (IG.MI)

Company Dividend Discount ModelIndustry: Regulated GasSector: Utilities

Valuation Snapshot

Stable Growth$55.01 - $212.79$155.48
Multi-Stage$32.09 - $35.15$33.59
Blended Fair Value$94.54
Current Price$7.20
Upside1,212.99%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.61%6.68%0.370.330.310.300.270.260.210.200.000.26
YoY Growth--10.85%6.80%4.16%10.02%6.36%23.47%4.00%0.00%-100.00%36.31%
Dividend Yield--6.83%6.44%6.02%4.95%5.24%4.71%4.10%3.99%0.00%6.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)874.51
(-) Cash Dividends Paid (M)317.85
(=) Cash Retained (M)556.65
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)174.90109.3165.59
Cash Retained (M)556.65556.65556.65
(-) Cash Required (M)-174.90-109.31-65.59
(=) Excess Retained (M)381.75447.34491.06
(/) Shares Outstanding (M)811.12811.12811.12
(=) Excess Retained per Share0.470.550.61
LTM Dividend per Share0.390.390.39
(+) Excess Retained per Share0.470.550.61
(=) Adjusted Dividend0.860.941.00
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate4.68%5.68%6.68%
Fair Value$55.01$155.48$212.79
Upside / Downside664.08%2,059.39%2,855.40%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)874.51924.21976.741,032.261,090.931,152.941,187.52
Payout Ratio36.35%47.08%57.81%68.54%79.27%90.00%92.50%
Projected Dividends (M)317.85435.09564.64707.50864.771,037.641,098.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.33%6.33%6.33%
Growth Rate4.68%5.68%6.68%
Year 1 PV (M)405.34409.21413.08
Year 2 PV (M)490.05499.46508.95
Year 3 PV (M)572.04588.60605.46
Year 4 PV (M)651.39676.64702.62
Year 5 PV (M)728.16763.61800.42
PV of Terminal Value (M)23,182.4624,311.0825,483.23
Equity Value (M)26,029.4427,248.5928,513.77
Shares Outstanding (M)811.12811.12811.12
Fair Value$32.09$33.59$35.15
Upside / Downside345.71%366.58%388.25%

High-Yield Dividend Screener

« Prev Page 58 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
000597.SZNortheast Pharmaceutical Group Co., Ltd.2.72%$0.1454.16%
002282.SZBosun Co., Ltd.2.72%$0.2057.69%
005300.KSLotte Chilsung Beverage Co., Ltd.2.72%$3,646.4052.67%
3019.TWAsia Optical Co., Inc.2.72%$3.9158.36%
5469.TWHannStar Board Corporation2.72%$2.5238.49%
5493.TWOSanlien Technology Corp.2.72%$2.4757.58%
605001.SSQingdao Victall Railway Co., Ltd.2.72%$0.2176.35%
6727.TWacom Co., Ltd.2.72%$22.0470.93%
BEM-R.BKBangkok Expressway and Metro Public Company Limited2.72%$0.1559.21%
BTEBaytex Energy Corp.2.72%$0.0932.39%
CLA-B.STCloetta AB (publ)2.72%$1.1043.72%
EVEN3.SAEven Construtora e Incorporadora S.A.2.72%$0.2044.47%
SNZ.AXSummerset Group Holdings Limited2.72%$0.298.91%
001270.KSBOOKOOK Securities Co., Ltd.2.71%$1,510.8429.90%
033100.KQCheryong Electric Co.,Ltd.2.71%$1,000.1526.62%
0RAR.LStratec SE2.71%$0.6049.62%
2706.TWFirst Hotel Company Ltd.2.71%$0.3560.83%
2734.TSALA Corporation2.71%$30.7339.50%
4051.SRBaazeem Trading Company2.71%$0.1874.35%
601002.SSGem-Year Industrial Co.,Ltd.2.71%$0.1462.84%
601326.SSQinhuangdao Port Co., Ltd.2.71%$0.0932.66%
7224.TShinMaywa Industries, Ltd.2.71%$51.9640.11%
AN3PG.AXAustralia and New Zealand Banking Group Ltd2.71%$2.7663.53%
002478.SZJiangsu Changbao Steeltube Co.,Ltd2.70%$0.2332.58%
0QMS.Ldormakaba Holding AG2.70%$1.7452.32%
0R9D.LAeroporto Guglielmo Marconi di Bologna S.p.A.2.70%$0.2839.70%
2739.TWMy Humble House Hospitality Management Consulting Co., Ltd.2.70%$0.9758.64%
300140.SZCECEP Environmental Protection Equipment Co.,Ltd.2.70%$0.1868.84%
4142.SRRiyadh Cables Group Company2.70%$3.5049.02%
603100.SSChongqing Chuanyi Automation Co., Ltd.2.70%$0.6242.77%
603871.SSJiayou International Logistics Co.,Ltd2.70%$0.3848.36%
605028.SSNingbo Shimao Energy Co.,Ltd2.70%$0.8077.70%
6705.TWOMARTAS Precision Slide Co.,Ltd2.70%$1.8441.49%
688571.SSHangzhou Toka Ink Co., Ltd.2.70%$0.2073.79%
8390.TWOJiin Yeeh Ding Enterprises Corp.2.70%$2.4940.37%
8936.TWOKuo Toong International Co., Ltd.2.70%$1.4843.88%
CMRY.JKPT Cisarua Mountain Dairy Tbk2.70%$150.0160.59%
CRJ.WACreepy Jar S.A.2.70%$10.9346.34%
DHG.AXDomain Holdings Australia Limited2.70%$0.1284.16%
SYNSAM.STSynsam AB (publ)2.70%$1.8063.88%
300481.SZPuyang Huicheng Electronic Material Co., Ltd.2.69%$0.4280.91%
3069.KLMega First Corporation Berhad2.69%$0.0920.68%
3147.TWOJetwell Computer Co., Ltd.2.69%$4.4637.85%
4023.TKureha Corporation2.69%$109.8152.33%
600888.SSXinjiang Joinworld Co.,Ltd.2.69%$0.2247.19%
601139.SSShenzhen Gas Corporation Ltd.2.69%$0.1841.90%
6462.TRiken Corporation2.69%$100.2521.01%
8261.TWAdvanced Power Electronics Co., Ltd.2.69%$2.4949.60%
GPG.STGenova Property Group AB (publ)2.69%$1.0719.48%
QB7.DEQuirin Privatbank AG2.69%$0.0918.14%