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Clean Life Co. (9581.SR)

Company Dividend Discount ModelIndustry: Personal Products & ServicesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$131.01 - $202.04$164.03
Multi-Stage$296.46 - $326.16$311.02
Blended Fair Value$237.52
Current Price$107.90
Upside120.13%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020
DPS0.00%0.00%5.001.501.943.002.000.000.000.000.000.00
YoY Growth--233.33%-22.86%-35.19%50.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--4.59%1.58%1.56%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)21.34
(-) Cash Dividends Paid (M)12.00
(=) Cash Retained (M)9.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.272.671.60
Cash Retained (M)9.349.349.34
(-) Cash Required (M)-4.27-2.67-1.60
(=) Excess Retained (M)5.076.677.74
(/) Shares Outstanding (M)1.501.501.50
(=) Excess Retained per Share3.384.455.16
LTM Dividend per Share8.008.008.00
(+) Excess Retained per Share3.384.455.16
(=) Adjusted Dividend11.3812.4513.16
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate-2.00%-1.00%0.00%
Fair Value$131.01$164.03$202.04
Upside / Downside21.42%52.02%87.25%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)21.3421.1220.9120.7020.5020.2920.90
Payout Ratio56.24%62.99%69.74%76.50%83.25%90.00%92.50%
Projected Dividends (M)12.0013.3114.5915.8417.0618.2619.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.51%6.51%6.51%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)12.3712.4912.62
Year 2 PV (M)12.6012.8613.12
Year 3 PV (M)12.7113.1113.51
Year 4 PV (M)12.7313.2613.80
Year 5 PV (M)12.6613.3214.01
PV of Terminal Value (M)381.63401.50422.19
Equity Value (M)444.69466.53489.24
Shares Outstanding (M)1.501.501.50
Fair Value$296.46$311.02$326.16
Upside / Downside174.76%188.25%202.28%

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