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J.Jill, Inc. (JILL)

Company Dividend Discount ModelIndustry: Apparel - RetailSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$15.44 - $22.22$18.75
Multi-Stage$24.36 - $26.79$25.55
Blended Fair Value$22.15
Current Price$15.07
Upside46.97%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS-43.46%0.00%0.190.000.000.000.003.260.000.004.540.56
YoY Growth--0.00%0.00%0.00%0.00%-100.00%0.00%0.00%-100.00%717.76%0.00%
Dividend Yield--1.19%0.00%0.00%0.00%0.00%154.32%0.00%0.00%8.20%1.05%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)33.66
(-) Cash Dividends Paid (M)3.52
(=) Cash Retained (M)30.14
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6.734.212.52
Cash Retained (M)30.1430.1430.14
(-) Cash Required (M)-6.73-4.21-2.52
(=) Excess Retained (M)23.4125.9327.62
(/) Shares Outstanding (M)15.4015.4015.40
(=) Excess Retained per Share1.521.681.79
LTM Dividend per Share0.230.230.23
(+) Excess Retained per Share1.521.681.79
(=) Adjusted Dividend1.751.912.02
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Fair Value$15.44$18.75$22.22
Upside / Downside2.44%24.40%47.44%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)33.6633.3232.9932.6632.3332.0132.97
Payout Ratio10.45%26.36%42.27%58.18%74.09%90.00%92.50%
Projected Dividends (M)3.528.7913.9519.0023.9628.8130.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)7.978.058.13
Year 2 PV (M)11.4811.7211.95
Year 3 PV (M)14.1914.6315.08
Year 4 PV (M)16.2416.9117.60
Year 5 PV (M)17.7218.6419.60
PV of Terminal Value (M)307.58323.59340.27
Equity Value (M)375.18393.55412.64
Shares Outstanding (M)15.4015.4015.40
Fair Value$24.36$25.55$26.79
Upside / Downside61.63%69.55%77.78%

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