Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

WAM Research Limited (WAX.AX)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$14.34 - $23.95$18.57
Multi-Stage$23.02 - $25.32$24.15
Blended Fair Value$21.36
Current Price$1.11
Upside1,824.21%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS2.32%6.87%0.080.080.080.080.080.080.070.070.060.05
YoY Growth--3.20%2.53%2.51%1.53%1.86%4.69%6.68%13.77%15.08%18.45%
Dividend Yield--7.62%7.66%7.54%6.00%4.66%5.71%5.30%4.47%3.93%3.82%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)247.52
(-) Cash Dividends Paid (M)25.58
(=) Cash Retained (M)221.94
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)49.5030.9418.56
Cash Retained (M)221.94221.94221.94
(-) Cash Required (M)-49.50-30.94-18.56
(=) Excess Retained (M)172.44191.00203.38
(/) Shares Outstanding (M)203.64203.64203.64
(=) Excess Retained per Share0.850.941.00
LTM Dividend per Share0.130.130.13
(+) Excess Retained per Share0.850.941.00
(=) Adjusted Dividend0.971.061.12
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate0.32%1.32%2.32%
Fair Value$14.34$18.57$23.95
Upside / Downside1,191.93%1,573.07%2,058.02%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)247.52250.80254.12257.49260.90264.35272.28
Payout Ratio10.33%26.27%42.20%58.13%74.07%90.00%92.50%
Projected Dividends (M)25.5865.88107.24149.69193.24237.92251.86

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate0.32%1.32%2.32%
Year 1 PV (M)60.8961.5062.10
Year 2 PV (M)91.6193.4595.30
Year 3 PV (M)118.19121.75125.40
Year 4 PV (M)141.01146.72152.60
Year 5 PV (M)160.47168.63177.11
PV of Terminal Value (M)4,115.844,325.104,542.78
Equity Value (M)4,688.014,917.155,155.30
Shares Outstanding (M)203.64203.64203.64
Fair Value$23.02$24.15$25.32
Upside / Downside1,973.98%2,075.35%2,180.71%

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%