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MamaMancini's Holdings, Inc. (MMMB)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$1.46 - $3.86$2.23
Multi-Stage$0.97 - $1.06$1.01
Blended Fair Value$1.62
Current Price$3.63
Upside-55.39%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%0.00%0.000.000.000.000.000.000.000.000.000.00
YoY Growth--0.00%-100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--0.00%0.00%0.04%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2.49
(-) Cash Dividends Paid (M)0.00
(=) Cash Retained (M)2.49
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)0.500.310.19
Cash Retained (M)2.492.492.49
(-) Cash Required (M)-0.50-0.31-0.19
(=) Excess Retained (M)1.992.182.30
(/) Shares Outstanding (M)40.1040.1040.10
(=) Excess Retained per Share0.050.050.06
LTM Dividend per Share0.000.000.00
(+) Excess Retained per Share0.050.050.06
(=) Adjusted Dividend0.050.050.06
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$1.46$2.23$3.86
Upside / Downside-59.90%-38.69%6.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2.492.652.823.013.203.413.51
Payout Ratio0.04%18.03%36.03%54.02%72.01%90.00%92.50%
Projected Dividends (M)0.000.481.021.622.303.073.25

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)0.430.440.44
Year 2 PV (M)0.840.850.87
Year 3 PV (M)1.221.251.29
Year 4 PV (M)1.571.631.69
Year 5 PV (M)1.891.992.08
PV of Terminal Value (M)32.8734.4636.11
Equity Value (M)38.8240.6242.48
Shares Outstanding (M)40.1040.1040.10
Fair Value$0.97$1.01$1.06
Upside / Downside-73.33%-72.10%-70.82%

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