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 79 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600082.SSTianjin Hi-Tech Development Co.,Ltd.1.68%$0.0772.77%
603815.SSAnhui Gourgen Traffic Construction Co.,Ltd.1.68%$0.1245.85%
7280.TMitsuba Corporation1.68%$17.578.76%
8985.TJapan Hotel REIT Investment Corporation1.68%$1,370.9717.79%
002836.SZGuangdong New Grand Long Packing Co., Ltd.1.67%$0.2597.86%
2419.HKDekon Food & Agriculture Group1.67%$1.167.76%
5357.TYotai Refractories Co., Ltd.1.67%$30.3125.15%
600312.SSHenan Pinggao Electric Co.,Ltd.1.67%$0.2934.28%
600933.SSIKD Co., Ltd.1.67%$0.3431.46%
603259.SSWuXi AppTec Co., Ltd.1.67%$1.5231.50%
688580.SSNanjing Vishee Medical Technology Co., Ltd1.67%$0.8161.33%
8359.TThe Hachijuni Bank, Ltd.1.67%$28.2722.23%
9597.SRLeaf Global Environmental Services Co.1.67%$0.5625.93%
BBMD.JKPT Bank Mestika Dharma Tbk1.67%$34.2540.25%
ELN.MIEL.En. S.p.A.1.67%$0.2325.56%
HARB-B.COHarboes Bryggeri A/S1.67%$2.0018.85%
HARVIA.HEHarvia Oyj1.67%$0.7256.92%
NORBT.OLNorbit ASA1.67%$2.9950.40%
002240.KSKiswire Ltd.1.66%$350.6518.13%
011780.KSKumho Petrochemical Co., Ltd.1.66%$1,950.8219.35%
0QI7.LAddtech AB (publ.)1.66%$3.2043.14%
1346.HKLever Style Corporation1.66%$0.0247.86%
1789.HKAK Medical Holdings Limited1.66%$0.1022.23%
273640.KQYM Tech Co., Ltd.1.66%$139.5629.02%
300039.SZShanghai Kaibao Pharmaceutical CO.,Ltd1.66%$0.1030.28%
603231.SSSolbar Ningbo Protein Technology Co., Ltd.1.66%$0.3032.96%
688575.SSShenzhen YHLO Biotech Co., Ltd.1.66%$0.2493.71%
AKBNK.ISAkbank T.A.S.1.66%$1.2213.20%
TFIITFI International Inc.1.66%$1.7745.37%
002124.SZTech-Bank Food Co., Ltd.1.65%$0.0526.60%
002978.SZSichuan Anning Iron and Titanium Co.,Ltd.1.65%$0.5431.99%
009470.KSSamwha Electric Co.,Ltd.1.65%$500.1426.53%
009900.KSMyoung Shin Industrial Co.,Ltd1.65%$149.459.10%
0743.HKAsia Cement (China) Holdings Corporation1.65%$0.0425.13%
0HDQ.LSynergie SE1.65%$0.509.05%
1308.HKSITC International Holdings Company Limited1.65%$0.4666.51%
2273.HKGushengtang Holdings Limited1.65%$0.4819.04%
300750.SZContemporary Amperex Technology Co., Limited1.65%$6.0743.20%
300856.SZNanjing COSMOS Chemical Co., Ltd.1.65%$0.2283.60%
300932.SZSanyou Corporation Limited1.65%$0.2084.47%
323410.KSKakaoBank Corp.1.65%$360.2837.33%
5101.TThe Yokohama Rubber Co., Ltd.1.65%$99.2824.61%
601228.SSGuangzhou Port Company Limited1.65%$0.0545.08%
603193.SSRunben Biotechnology1.65%$0.4052.98%
603312.SSSuzhou W Deane New Power Elec1.65%$0.7741.51%
9542.SRKeir International Co.1.65%$0.0723.35%
CEVI.STCellaVision AB (publ)1.65%$2.5039.38%
SIISprott Inc.1.65%$1.6761.40%
ZUE.WAZUE S.A.1.65%$0.2151.75%
2758.TWOLouisa Professional Coffee Ltd.1.64%$1.5047.97%