Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Banco do Estado do Rio Grande do Sul S.A. (BRSR3.SA)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$129.09 - $619.21$280.17
Multi-Stage$77.99 - $85.30$81.58
Blended Fair Value$180.88
Current Price$11.95
Upside1,413.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.33%0.77%0.180.040.040.060.180.110.050.040.000.03
YoY Growth--405.33%-0.99%-35.45%-68.52%60.79%126.88%21.15%0.00%-100.00%-82.67%
Dividend Yield--1.71%0.30%0.42%0.62%1.93%1.26%0.29%0.31%0.00%0.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,279.34
(-) Cash Dividends Paid (M)637.98
(=) Cash Retained (M)641.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)255.87159.9295.95
Cash Retained (M)641.36641.36641.36
(-) Cash Required (M)-255.87-159.92-95.95
(=) Excess Retained (M)385.49481.45545.41
(/) Shares Outstanding (M)408.97408.97408.97
(=) Excess Retained per Share0.941.181.33
LTM Dividend per Share1.561.561.56
(+) Excess Retained per Share0.941.181.33
(=) Adjusted Dividend2.502.742.89
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate5.00%6.00%7.00%
Fair Value$129.09$280.17$619.21
Upside / Downside980.23%2,244.55%5,081.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,279.341,356.091,437.441,523.671,615.071,711.961,763.32
Payout Ratio49.87%57.89%65.92%73.95%81.97%90.00%92.50%
Projected Dividends (M)637.98785.10947.571,126.711,323.931,540.761,631.07

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate5.00%6.00%7.00%
Year 1 PV (M)726.58733.50740.42
Year 2 PV (M)811.58827.11842.79
Year 3 PV (M)893.08918.84945.09
Year 4 PV (M)971.191,008.721,047.33
Year 5 PV (M)1,046.011,096.781,149.50
PV of Terminal Value (M)27,446.4128,778.5330,161.87
Equity Value (M)31,894.8433,363.4734,887.00
Shares Outstanding (M)408.97408.97408.97
Fair Value$77.99$81.58$85.30
Upside / Downside552.61%582.66%613.84%

High-Yield Dividend Screener

« Prev Page 73 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0FNZ.LPonsse Oyj1.93%$0.5025.56%
5278.TWOSunfun Info Co., Ltd.1.93%$0.6163.56%
7080.TSportsfield Co., Ltd.1.93%$15.8818.18%
CROS.PACrosswood S.A.1.93%$0.2160.81%
SALFACORP.SNSalfaCorp S.A.1.93%$23.4829.64%
004770.KSSunny Electronics Corp.1.92%$30.3025.98%
0083.HKSino Land Company Limited1.92%$0.2021.48%
114090.KSGrand Korea Leisure Co., Ltd.1.92%$281.6139.11%
200880.KSSeoyon E-Hwa Co., Ltd.1.92%$250.046.17%
2874.TYokorei Co.,Ltd.1.92%$24.2572.26%
600642.SSShenergy Company Limited1.92%$0.1518.42%
600995.SSChina Southern Power Grid Energy Storage Co., Ltd.1.92%$0.2450.98%
603158.SSChangzhou Tenglong AutoPartsCo.,Ltd.1.92%$0.2063.30%
603214.SSShanghai Aiyingshi Co.,Ltd1.92%$0.3341.13%
603298.SSHangcha Group Co., Ltd1.92%$0.5130.38%
603725.SSGuangdong Tianan New Material Co., Ltd.1.92%$0.1845.17%
605162.SSZhejiang Xinzhonggang Thermal Power Co., Ltd.1.92%$0.1650.25%
AAK.STAAK AB (publ.)1.92%$4.9838.08%
NYF.STNyfosa AB (publ)1.92%$1.4048.74%
PAS.WAPassus S.A.1.92%$2.2617.62%
300303.SZShenzhen Jufei Optoelectronics Co., Ltd.1.91%$0.1357.25%
301552.SZHebei Keli Automobile Equipment Co., Ltd.1.91%$0.7143.10%
4303.TWOHsinLi Chemical Industrial Corp.1.91%$1.167.73%
600717.SSTianjin Port Co., Ltd.1.91%$0.0928.13%
603269.SSJiangsu Seagull Cooling Tower Co.,Ltd.1.91%$0.2570.74%
603733.SSXianhe Co.,Ltd.1.91%$0.4636.40%
KRN.DEKrones AG1.91%$2.6028.35%
NKNC.MEPJSC Nizhnekamskneftekhim1.91%$1.496.74%
TFFIF.BKThailand Future Fund1.91%$0.125.95%
002970.SZStreamax Technology Co., Ltd.1.90%$0.9247.47%
088350.KSHanwha Life Insurance Co., Ltd.1.90%$61.916.15%
2547.TWRadium Life Tech. Co., Ltd.1.90%$0.208.24%
300760.SZShenzhen Mindray Bio-Medical Electronics Co., Ltd.1.90%$3.6251.04%
600323.SSGrandblue Environment Co., Ltd.1.90%$0.5423.47%
603806.SSHangzhou First Applied Material Co., Ltd.1.90%$0.2793.87%
ANE.MCCorporación Acciona Energías Renovables, S.A.1.90%$0.4419.14%
ARML3.SAArmac Locação, Logística e Serviços S.A.1.90%$0.0955.38%
CRSN.JKPT Carsurin Tbk1.90%$2.3524.82%
CSAB3.SACompanhia de Seguros Alianca da Bahia1.90%$0.5829.45%
GFNORTEO.MXGrupo Financiero Banorte, S.A.B. de C.V.1.90%$3.2617.54%
GULF-R.BKGulf Energy Development Public Company Limited1.90%$0.7914.96%
RDOR3.SARede D'Or São Luiz S.A.1.90%$0.7738.15%
300119.SZTianjin Ringpu Bio-Technology Co.,Ltd.1.89%$0.3538.42%
3305.TWShenmao Technology Inc1.89%$2.0572.44%
4150.SRArriyadh Development Co.1.89%$0.4342.09%
4203.TSumitomo Bakelite Company Limited1.89%$97.8443.46%
5053.KLOSK Holdings Berhad1.89%$0.0311.22%
6376.TNikkiso Co., Ltd.1.89%$29.9428.66%
ADMCM.HEAdmicom Oyj1.89%$0.8141.55%
MMK.VIMayr-Melnhof Karton AG1.89%$1.8015.04%