Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Smartgroup Corporation Ltd (SIQ.AX)

Company Dividend Discount ModelIndustry: Specialty Business ServicesSector: Industrials

Valuation Snapshot

Stable Growth$12.13 - $19.63$15.50
Multi-Stage$25.62 - $28.14$26.85
Blended Fair Value$21.18
Current Price$7.37
Upside187.34%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-4.32%0.00%0.510.450.670.500.390.630.390.300.160.11
YoY Growth--11.77%-32.84%33.60%29.02%-38.03%60.86%32.14%84.50%45.49%0.00%
Dividend Yield--6.51%5.26%13.21%6.51%5.72%9.09%4.42%2.73%2.56%2.16%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)146.66
(-) Cash Dividends Paid (M)113.06
(=) Cash Retained (M)33.61
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)29.3318.3311.00
Cash Retained (M)33.6133.6133.61
(-) Cash Required (M)-29.33-18.33-11.00
(=) Excess Retained (M)4.2715.2722.61
(/) Shares Outstanding (M)130.09130.09130.09
(=) Excess Retained per Share0.030.120.17
LTM Dividend per Share0.870.870.87
(+) Excess Retained per Share0.030.120.17
(=) Adjusted Dividend0.900.991.04
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-0.92%0.08%1.08%
Fair Value$12.13$15.50$19.63
Upside / Downside64.55%110.34%166.42%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)146.66146.78146.90147.02147.13147.25151.67
Payout Ratio77.09%79.67%82.25%84.83%87.42%90.00%92.50%
Projected Dividends (M)113.06116.94120.83124.72128.62132.53140.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.45%6.45%6.45%
Growth Rate-0.92%0.08%1.08%
Year 1 PV (M)108.76109.85110.95
Year 2 PV (M)104.51106.63108.77
Year 3 PV (M)100.33103.40106.53
Year 4 PV (M)96.23100.17104.24
Year 5 PV (M)92.2196.96101.90
PV of Terminal Value (M)2,830.322,976.063,127.75
Equity Value (M)3,332.363,493.083,660.14
Shares Outstanding (M)130.09130.09130.09
Fair Value$25.62$26.85$28.14
Upside / Downside247.58%264.34%281.77%

High-Yield Dividend Screener

« Prev Page 59 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
QFBQ.QALesha Bank L.L.C2.69%$0.0532.62%
002442.SZLongxing Chemical Stock Co., Ltd.2.68%$0.1799.79%
016800.KSFursys Inc.2.68%$1,200.1730.47%
265520.KQAdvanced Process Systems Corporation2.68%$538.1030.22%
300896.SZImeik Technology Development Co.,Ltd.2.68%$3.8078.17%
3123.TSaibo Co., Ltd.2.68%$16.1426.87%
9057.TEnshu Truck Co.,Ltd.2.68%$96.0831.06%
CHC.AXCharter Hall Group2.68%$0.6553.83%
IFT.AXInfratil Limited2.68%$0.2647.86%
KRZ.IRKerry Group plc2.68%$2.0427.68%
MGH.AXMAAS Group Holdings Limited2.68%$0.1537.02%
NOANorth American Construction Group Ltd.2.68%$0.3932.95%
U06.SISingapore Land Group Limited2.68%$0.0924.45%
000089.SZShenzhen Airport Co., Ltd.2.67%$0.1965.57%
000830.SZLuxi Chemical Group Co., Ltd.2.67%$0.4457.18%
005820.KSWonlim Corporation2.67%$399.8822.01%
007980.KSTP Inc.2.67%$51.627.46%
049800.KSWoojin Plaimm Co., Ltd.2.67%$50.6726.03%
300009.SZAnhui Anke Biotechnology (Group) Co., Ltd.2.67%$0.2662.51%
6220.TWOYFC-Boneagle Electric Co., Ltd.2.67%$0.6989.25%
002753.SZShanxi Yongdong Chemistry Industry Co., Ltd.2.66%$0.1990.03%
011200.KSHMM Co.,Ltd2.66%$537.6722.84%
014830.KSUNID Company Ltd.2.66%$1,782.2616.95%
023450.KSDongnam Chemical Co., Ltd.2.66%$914.8545.96%
210540.KSDY Power Corporation2.66%$350.1314.53%
600729.SSChongqing Department Store Co.,Ltd.2.66%$0.6921.76%
7282.TToyoda Gosei Co., Ltd.2.66%$104.8829.11%
7989.TTachikawa Corporation2.66%$52.4433.02%
9699.TNishio Rent All Co., Ltd.2.66%$125.9628.89%
069730.KSDSR Wire Corp2.65%$99.936.22%
118990.KQMotrex Co., Ltd2.65%$249.2535.67%
OLGERD.ICÖlgerðin Egill Skallagrímsson hf.2.65%$0.4862.79%
084010.KSDaehan Steel Co., Ltd.2.64%$516.5429.55%
0DH7.LAF Gruppen ASA2.64%$4.9752.35%
1504.TWTECO Electric & Machinery Co., Ltd.2.64%$2.2387.91%
2587.TSuntory Beverage & Food Limited2.64%$125.0045.12%
6922.TWONeousys Technology Inc.2.64%$4.5461.30%
SHR.BKS Hotels and Resorts Public Company Limited2.64%$0.0533.96%
002871.SZQingdao Weflo Valve Co., Ltd.2.63%$0.4779.89%
600918.SSZhongtai Securities Co., Ltd.2.63%$0.1768.20%
8572.TAcom Co., Ltd.2.63%$13.0038.71%
LIAB.STLindab International AB (publ)2.63%$5.4076.19%
MYOR.JKPT Mayora Indah Tbk2.63%$57.3845.12%
002443.SZZhejiang Kingland Pipeline and Technologies Co.,Ltd.2.62%$0.2164.11%
039490.KSKiwoom Securities Co., Ltd.2.62%$7,904.3320.30%
155660.KSDSR Corp2.62%$100.1511.70%
4263.SRSAL Saudi Logistics Services Co2.62%$4.2355.27%
AFK.OLArendals Fossekompani ASA2.62%$3.525.05%
INSTAL.STInstalco AB (publ)2.62%$0.6865.47%
000048.SZShenzhen Kingkey Smart Agriculture Times Co.,Ltd2.61%$0.4658.98%