Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

EBOS Group Limited (EBO.AX)

Company Dividend Discount ModelIndustry: Medical - DistributionSector: Healthcare

Valuation Snapshot

Stable Growth$117.46 - $540.38$265.88
Multi-Stage$62.31 - $68.11$65.16
Blended Fair Value$165.52
Current Price$38.40
Upside331.04%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS4.27%8.81%0.760.880.990.880.690.620.540.520.490.40
YoY Growth---13.50%-10.80%11.92%27.24%12.19%14.49%3.85%6.04%23.28%21.41%
Dividend Yield--1.98%2.73%2.69%2.30%2.15%2.85%2.33%2.68%2.78%2.43%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)527.02
(-) Cash Dividends Paid (M)241.27
(=) Cash Retained (M)285.75
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)105.4065.8839.53
Cash Retained (M)285.75285.75285.75
(-) Cash Required (M)-105.40-65.88-39.53
(=) Excess Retained (M)180.34219.87246.22
(/) Shares Outstanding (M)193.96193.96193.96
(=) Excess Retained per Share0.931.131.27
LTM Dividend per Share1.241.241.24
(+) Excess Retained per Share0.931.131.27
(=) Adjusted Dividend2.172.382.51
WACC / Discount Rate7.45%7.45%7.45%
Growth Rate5.50%6.50%7.50%
Fair Value$117.46$265.88$540.38
Upside / Downside205.90%592.40%1,307.23%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)527.02561.28597.76636.61677.99722.06743.72
Payout Ratio45.78%54.62%63.47%72.31%81.16%90.00%92.50%
Projected Dividends (M)241.27306.59379.39460.35550.23649.86687.94

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.45%7.45%7.45%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)282.65285.33288.01
Year 2 PV (M)322.45328.59334.79
Year 3 PV (M)360.70371.06381.61
Year 4 PV (M)397.46412.75428.47
Year 5 PV (M)432.76453.67475.37
PV of Terminal Value (M)10,289.6710,786.6611,302.68
Equity Value (M)12,085.6912,638.0513,210.92
Shares Outstanding (M)193.96193.96193.96
Fair Value$62.31$65.16$68.11
Upside / Downside62.27%69.68%77.37%

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