Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Bravida Holding AB (publ) (BRAV.ST)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$957.17 - $1,127.71$1,056.83
Multi-Stage$728.46 - $799.21$763.18
Blended Fair Value$910.00
Current Price$91.75
Upside891.83%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.06%3.63%3.493.232.982.482.231.971.521.230.991.35
YoY Growth--7.85%8.52%20.32%10.94%13.12%29.49%23.81%24.75%-27.08%-44.60%
Dividend Yield--3.84%3.46%2.55%2.28%1.86%2.81%1.85%2.06%1.70%2.26%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,161.00
(-) Cash Dividends Paid (M)767.00
(=) Cash Retained (M)394.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)232.20145.1387.08
Cash Retained (M)394.00394.00394.00
(-) Cash Required (M)-232.20-145.13-87.08
(=) Excess Retained (M)161.80248.88306.93
(/) Shares Outstanding (M)204.75204.75204.75
(=) Excess Retained per Share0.791.221.50
LTM Dividend per Share3.753.753.75
(+) Excess Retained per Share0.791.221.50
(=) Adjusted Dividend4.544.965.25
WACC / Discount Rate0.13%0.13%0.13%
Growth Rate5.50%6.50%7.50%
Fair Value$957.17$1,056.83$1,127.71
Upside / Downside943.24%1,051.86%1,129.11%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,161.001,236.471,316.841,402.431,493.591,590.671,638.39
Payout Ratio66.06%70.85%75.64%80.43%85.21%90.00%92.50%
Projected Dividends (M)767.00876.05996.031,127.911,272.731,431.601,515.51

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate0.13%0.13%0.13%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)866.70874.92883.13
Year 2 PV (M)974.89993.461,012.21
Year 3 PV (M)1,092.201,123.551,155.50
Year 4 PV (M)1,219.281,266.171,314.40
Year 5 PV (M)1,356.861,422.401,490.44
PV of Terminal Value (M)143,638.53150,576.32157,779.65
Equity Value (M)149,148.47156,256.83163,635.33
Shares Outstanding (M)204.75204.75204.75
Fair Value$728.46$763.18$799.21
Upside / Downside693.96%731.80%771.08%

High-Yield Dividend Screener

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