Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

TIM S.A. (TIMS3.SA)

Company Dividend Discount ModelIndustry: Telecommunications ServicesSector: Communication Services

Valuation Snapshot

Stable Growth$121.00 - $331.19$310.38
Multi-Stage$48.02 - $52.47$50.20
Blended Fair Value$180.29
Current Price$23.50
Upside667.20%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS28.71%12.52%1.120.900.500.430.480.320.240.140.190.15
YoY Growth--25.07%81.36%14.98%-9.55%49.72%30.92%76.83%-27.73%27.71%-56.88%
Dividend Yield--6.25%5.05%3.94%3.13%3.76%2.56%2.06%0.97%1.88%1.86%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4,028.93
(-) Cash Dividends Paid (M)3,311.28
(=) Cash Retained (M)717.64
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)805.79503.62302.17
Cash Retained (M)717.64717.64717.64
(-) Cash Required (M)-805.79-503.62-302.17
(=) Excess Retained (M)-88.14214.03415.47
(/) Shares Outstanding (M)2,419.282,419.282,419.28
(=) Excess Retained per Share-0.040.090.17
LTM Dividend per Share1.371.371.37
(+) Excess Retained per Share-0.040.090.17
(=) Adjusted Dividend1.331.461.54
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate5.50%6.50%7.50%
Fair Value$121.00$310.38$331.19
Upside / Downside414.87%1,220.76%1,309.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4,028.934,290.814,569.714,866.745,183.085,519.985,685.58
Payout Ratio82.19%83.75%85.31%86.88%88.44%90.00%92.50%
Projected Dividends (M)3,311.283,593.563,898.544,227.984,583.794,967.985,259.16

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.66%6.66%6.66%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)3,337.483,369.123,400.75
Year 2 PV (M)3,362.723,426.773,491.43
Year 3 PV (M)3,387.013,484.243,583.32
Year 4 PV (M)3,410.383,541.533,676.43
Year 5 PV (M)3,432.833,598.643,770.79
PV of Terminal Value (M)99,245.75104,039.35109,016.42
Equity Value (M)116,176.18121,459.66126,939.14
Shares Outstanding (M)2,419.282,419.282,419.28
Fair Value$48.02$50.20$52.47
Upside / Downside104.34%113.64%123.28%

High-Yield Dividend Screener

« Prev Page 68 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0316.HKOrient Overseas (International) Limited2.19%$2.7948.77%
3109.TShikibo Ltd.2.19%$22.8930.55%
3679.TZIGExN Co., Ltd.2.19%$10.5526.56%
4516.TNippon Shinyaku Co., Ltd.2.19%$123.8726.14%
4617.TChugoku Marine Paints, Ltd.2.19%$96.7242.42%
600051.SSNingbo United Group Co.,Ltd.2.19%$0.1755.08%
603799.SSZhejiang Huayou Cobalt Co., Ltd2.19%$1.4948.01%
7233.KLDufu Technology Corp. Berhad2.19%$0.0495.65%
9064.TYamato Holdings Co., Ltd.2.19%$48.3336.15%
9948.TARCS Company Limited2.19%$74.0133.92%
000049.SZShenzhen Desay Battery Technology Co., Ltd.2.18%$0.5954.00%
000153.SZAnhui Fengyuan Pharmaceutical Co., Ltd.2.18%$0.1455.80%
002237.SZShandong Humon Smelting Co., Ltd.2.18%$0.2961.47%
002626.SZXiamen Kingdomway Group Company2.18%$0.4354.26%
2468.TWFortune Information Systems Corp2.18%$0.9078.36%
300815.SZEIT Environmental Development Group Co.,Ltd2.18%$0.5038.67%
300910.SZXinxiang Richful Lube Additive Co., Ltd2.18%$1.2345.00%
4908.TWOAPAC Opto Electronics Inc.2.18%$1.7472.09%
601369.SSXi'an Shaangu Power Co., Ltd.2.18%$0.2237.55%
067160.KQSoop Co., Ltd.2.17%$1,492.2515.52%
3898.HKZhuzhou CRRC Times Electric Co., Ltd.2.17%$0.8329.19%
4507.TShionogi & Co., Ltd.2.17%$61.6530.72%
603383.SSFujian Apex Software Co.,LTD2.17%$0.7883.82%
603568.SSZhejiang Weiming Environment Protection Co., Ltd.2.17%$0.5534.14%
7181.TJapan Post Insurance Co., Ltd.2.17%$102.1324.56%
053800.KQAhnLab, Inc.2.16%$1,304.4028.50%
0QI9.LCreades AB2.16%$1.5916.64%
601233.SSTongkun Group Co., Ltd.2.16%$0.3750.52%
605056.SSXianheng International Science&Technology Co., Ltd.2.16%$0.3657.45%
MGICMagic Software Enterprises Ltd.2.16%$0.5669.02%
002311.SZGuangdong Haid Group Co., Limited2.15%$1.1939.51%
3727.TAplix Corporation2.15%$3.4454.78%
603586.SSShandong Gold Phoenix Co.,Ltd2.15%$0.4151.17%
6268.TNabtesco Corporation2.15%$80.7460.45%
ATRLJ-B.STAtrium Ljungberg AB (publ)2.15%$0.7141.67%
BPAN4.SABanco Pan S.A.2.15%$0.2441.77%
NCM.AXNewcrest Mining Limited2.15%$0.5038.39%
PARAUCO.SNParque Arauco S.A.2.15%$62.7342.33%
SHANG.BKShangri-La Hotel Public Company Limited2.15%$1.0056.93%
VZUG.SWV-ZUG Holding AG2.15%$0.9119.03%
WTIF.SGWisdomTree Japan Equity UCITS ETF2.15%$0.9891.42%
002258.SZLier Chemical Co.,LTD.2.14%$0.2848.19%
002605.SZShanghai Yaoji Technology Co., Ltd.2.14%$0.5042.55%
0GZV.ILGetinge AB (publ)2.14%$4.6761.88%
0PMJ.LSiemens Healthineers AG2.14%$0.9549.72%
300482.SZGuangzhou Wondfo Biotech Co.,Ltd2.14%$0.4274.45%
5288.KLSime Darby Property Berhad2.14%$0.0342.63%
603218.SSRiyue Heavy Industry Co., Ltd.2.14%$0.2852.42%
BXB.AXBrambles Limited2.14%$0.4940.03%
POBS.BOPlatinumOne Business Services2.14%$3.0015.69%