Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Logistea AB (publ) (0N2H.L)

Company Dividend Discount ModelIndustry: Apparel - RetailSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$14.43 - $21.76$17.89
Multi-Stage$28.04 - $30.91$29.45
Blended Fair Value$23.67
Current Price$15.36
Upside54.09%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.000.000.000.000.000.000.000.010.020.01
YoY Growth--0.00%0.00%0.00%0.00%0.00%0.00%-100.00%-33.33%50.00%0.00%
Dividend Yield--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.04%0.06%0.04%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)821.00
(-) Cash Dividends Paid (M)47.00
(=) Cash Retained (M)774.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)164.20102.6361.58
Cash Retained (M)774.00774.00774.00
(-) Cash Required (M)-164.20-102.63-61.58
(=) Excess Retained (M)609.80671.38712.43
(/) Shares Outstanding (M)485.49485.49485.49
(=) Excess Retained per Share1.261.381.47
LTM Dividend per Share0.100.100.10
(+) Excess Retained per Share1.261.381.47
(=) Adjusted Dividend1.351.481.56
WACC / Discount Rate7.19%7.19%7.19%
Growth Rate-2.00%-1.00%0.00%
Fair Value$14.43$17.89$21.76
Upside / Downside-6.06%16.47%41.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)821.00812.79804.66796.62788.65780.76804.19
Payout Ratio5.72%22.58%39.43%56.29%73.14%90.00%92.50%
Projected Dividends (M)47.00183.53317.32448.41576.86702.69743.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.19%7.19%7.19%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)169.49171.22172.95
Year 2 PV (M)270.63276.18281.79
Year 3 PV (M)353.19364.11375.25
Year 4 PV (M)419.60436.99454.92
Year 5 PV (M)472.03496.61522.20
PV of Terminal Value (M)11,929.6212,550.8313,197.64
Equity Value (M)13,614.5614,295.9415,004.75
Shares Outstanding (M)485.49485.49485.49
Fair Value$28.04$29.45$30.91
Upside / Downside82.57%91.71%101.21%

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