Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Fibra Danhos (DANHOS13.MX)

Company Dividend Discount ModelIndustry: REIT - DiversifiedSector: Real Estate

Valuation Snapshot

Stable Growth$33.29 - $54.30$42.68
Multi-Stage$45.33 - $49.68$47.46
Blended Fair Value$45.07
Current Price$24.61
Upside83.15%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.68%8.21%1.171.221.181.000.751.341.070.891.020.62
YoY Growth---4.77%3.69%17.82%34.01%-44.02%25.12%19.95%-13.13%65.09%17.12%
Dividend Yield--5.21%6.06%4.92%4.24%2.93%6.87%3.84%2.97%3.30%1.73%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,717.51
(-) Cash Dividends Paid (M)1,744.76
(=) Cash Retained (M)2,972.75
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)943.50589.69353.81
Cash Retained (M)2,972.752,972.752,972.75
(-) Cash Required (M)-943.50-589.69-353.81
(=) Excess Retained (M)2,029.252,383.062,618.93
(/) Shares Outstanding (M)1,589.621,589.621,589.62
(=) Excess Retained per Share1.281.501.65
LTM Dividend per Share1.101.101.10
(+) Excess Retained per Share1.281.501.65
(=) Adjusted Dividend2.372.602.75
WACC / Discount Rate8.39%8.39%8.39%
Growth Rate1.18%2.18%3.18%
Fair Value$33.29$42.68$54.30
Upside / Downside35.27%73.45%120.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,717.514,820.124,924.965,032.085,141.535,253.365,410.96
Payout Ratio36.98%47.59%58.19%68.79%79.40%90.00%92.50%
Projected Dividends (M)1,744.762,293.792,865.883,461.764,082.224,728.035,005.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.39%8.39%8.39%
Growth Rate1.18%2.18%3.18%
Year 1 PV (M)2,095.512,116.222,136.93
Year 2 PV (M)2,391.822,439.342,487.32
Year 3 PV (M)2,639.402,718.442,799.04
Year 4 PV (M)2,843.412,957.503,075.00
Year 5 PV (M)3,008.563,160.213,317.91
PV of Terminal Value (M)59,079.2562,057.1965,154.03
Equity Value (M)72,057.9575,448.9078,970.22
Shares Outstanding (M)1,589.621,589.621,589.62
Fair Value$45.33$47.46$49.68
Upside / Downside84.19%92.86%101.86%

High-Yield Dividend Screener

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