Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

MFC-Strategic Storage Fund (M-STOR.BK)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$4.60 - $6.94$5.70
Multi-Stage$9.70 - $10.65$10.16
Blended Fair Value$7.93
Current Price$7.05
Upside12.53%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.98%-5.88%0.450.400.330.370.370.400.570.720.710.73
YoY Growth--11.25%19.55%-8.58%-0.81%-8.53%-28.60%-20.98%0.70%-2.47%-10.78%
Dividend Yield--6.18%5.52%5.53%5.95%6.00%6.56%9.19%11.63%11.54%11.84%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)32.53
(-) Cash Dividends Paid (M)26.75
(=) Cash Retained (M)5.77
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6.514.072.44
Cash Retained (M)5.775.775.77
(-) Cash Required (M)-6.51-4.07-2.44
(=) Excess Retained (M)-0.731.713.34
(/) Shares Outstanding (M)60.8060.8060.80
(=) Excess Retained per Share-0.010.030.05
LTM Dividend per Share0.440.440.44
(+) Excess Retained per Share-0.010.030.05
(=) Adjusted Dividend0.430.470.49
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-2.00%-1.00%0.00%
Fair Value$4.60$5.70$6.94
Upside / Downside-34.82%-19.12%-1.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)32.5332.2031.8831.5631.2430.9331.86
Payout Ratio82.25%83.80%85.35%86.90%88.45%90.00%92.50%
Projected Dividends (M)26.7526.9827.2127.4327.6427.8429.47

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)24.9325.1925.44
Year 2 PV (M)23.2323.7124.19
Year 3 PV (M)21.6422.3122.99
Year 4 PV (M)20.1520.9821.84
Year 5 PV (M)18.7519.7320.75
PV of Terminal Value (M)481.05506.10532.18
Equity Value (M)589.76618.02647.40
Shares Outstanding (M)60.8060.8060.80
Fair Value$9.70$10.16$10.65
Upside / Downside37.59%44.18%51.04%

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%