Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Boreo Oyj (BOREO.HE)

Company Dividend Discount ModelIndustry: Technology DistributorsSector: Technology

Valuation Snapshot

Stable Growth$117.84 - $258.81$242.54
Multi-Stage$40.09 - $43.82$41.92
Blended Fair Value$142.23
Current Price$15.15
Upside838.82%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-25.98%-9.10%0.070.520.520.450.070.330.350.320.320.25
YoY Growth---85.71%0.00%16.67%500.00%-77.78%-4.60%8.09%2.06%27.25%29.46%
Dividend Yield--0.53%2.17%1.34%0.86%0.22%2.84%4.50%3.82%4.78%4.13%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3.50
(-) Cash Dividends Paid (M)2.90
(=) Cash Retained (M)0.60
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)0.700.440.26
Cash Retained (M)0.600.600.60
(-) Cash Required (M)-0.70-0.44-0.26
(=) Excess Retained (M)-0.100.160.34
(/) Shares Outstanding (M)2.692.692.69
(=) Excess Retained per Share-0.040.060.13
LTM Dividend per Share1.081.081.08
(+) Excess Retained per Share-0.040.060.13
(=) Adjusted Dividend1.041.141.20
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate5.50%6.50%7.50%
Fair Value$117.84$242.54$258.81
Upside / Downside677.84%1,500.93%1,608.30%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3.503.733.974.234.504.804.94
Payout Ratio82.86%84.29%85.71%87.14%88.57%90.00%92.50%
Projected Dividends (M)2.903.143.403.683.994.324.57

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2.922.952.98
Year 2 PV (M)2.953.003.06
Year 3 PV (M)2.973.063.14
Year 4 PV (M)2.993.113.23
Year 5 PV (M)3.013.163.31
PV of Terminal Value (M)92.9897.47102.14
Equity Value (M)107.83112.75117.86
Shares Outstanding (M)2.692.692.69
Fair Value$40.09$41.92$43.82
Upside / Downside164.64%176.72%189.24%

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