Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hydratec Industries N.V. (HYDRA.AS)

Company Dividend Discount ModelIndustry: Agricultural - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$1,057.29 - $6,152.55$1,961.74
Multi-Stage$628.18 - $686.50$656.81
Blended Fair Value$1,309.27
Current Price$170.00
Upside670.16%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.14%16.43%5.905.874.502.240.002.672.221.661.291.29
YoY Growth--0.49%30.48%101.00%0.00%-100.00%20.34%33.43%29.21%0.00%0.00%
Dividend Yield--3.69%6.52%6.16%3.00%0.00%3.90%3.53%3.03%2.91%4.03%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)40.19
(-) Cash Dividends Paid (M)15.71
(=) Cash Retained (M)24.48
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.045.023.01
Cash Retained (M)24.4824.4824.48
(-) Cash Required (M)-8.04-5.02-3.01
(=) Excess Retained (M)16.4419.4621.47
(/) Shares Outstanding (M)1.301.301.30
(=) Excess Retained per Share12.6614.9816.52
LTM Dividend per Share12.0912.0912.09
(+) Excess Retained per Share12.6614.9816.52
(=) Adjusted Dividend24.7527.0728.62
WACC / Discount Rate7.97%7.97%7.97%
Growth Rate5.50%6.50%7.50%
Fair Value$1,057.29$1,961.74$6,152.55
Upside / Downside521.94%1,053.96%3,519.15%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)40.1942.8045.5848.5551.7055.0656.72
Payout Ratio39.09%49.27%59.45%69.63%79.82%90.00%92.50%
Projected Dividends (M)15.7121.0927.1033.8141.2749.5652.46

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.97%7.97%7.97%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)19.3519.5319.72
Year 2 PV (M)22.8123.2523.69
Year 3 PV (M)26.1126.8627.62
Year 4 PV (M)29.2430.3731.52
Year 5 PV (M)32.2233.7835.39
PV of Terminal Value (M)686.33719.48753.90
Equity Value (M)816.06853.26891.84
Shares Outstanding (M)1.301.301.30
Fair Value$628.18$656.81$686.50
Upside / Downside269.51%286.36%303.83%

High-Yield Dividend Screener

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