Definitive Analysis
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

SpareBank 1 Ostlandet (0RU6.L)

Company Dividend Discount ModelIndustry: BanksSector: Financial Services

Valuation Snapshot

Stable Growth$2,111.38 - $5,369.62$5,032.12
Multi-Stage$781.71 - $855.05$817.71
Blended Fair Value$2,924.91
Current Price$194.64
Upside1,402.73%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.07%0.00%9.848.727.676.025.675.334.830.000.000.00
YoY Growth--12.88%13.76%27.28%6.20%6.46%10.28%0.00%0.00%0.00%0.00%
Dividend Yield--5.99%6.90%6.74%4.30%5.09%7.10%5.85%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,533.00
(-) Cash Dividends Paid (M)1,899.00
(=) Cash Retained (M)1,634.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)706.60441.63264.98
Cash Retained (M)1,634.001,634.001,634.00
(-) Cash Required (M)-706.60-441.63-264.98
(=) Excess Retained (M)927.401,192.381,369.03
(/) Shares Outstanding (M)130.85130.85130.85
(=) Excess Retained per Share7.099.1110.46
LTM Dividend per Share14.5114.5114.51
(+) Excess Retained per Share7.099.1110.46
(=) Adjusted Dividend21.6023.6224.97
WACC / Discount Rate6.58%6.58%6.58%
Growth Rate5.50%6.50%7.50%
Fair Value$2,111.38$5,032.12$5,369.62
Upside / Downside984.76%2,485.35%2,658.74%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,533.003,762.654,007.224,267.694,545.094,840.524,985.73
Payout Ratio53.75%61.00%68.25%75.50%82.75%90.00%92.50%
Projected Dividends (M)1,899.002,295.222,734.933,222.113,761.064,356.464,611.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.58%6.58%6.58%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2,133.322,153.542,173.76
Year 2 PV (M)2,362.692,407.692,453.12
Year 3 PV (M)2,587.202,661.472,737.15
Year 4 PV (M)2,806.922,914.873,025.90
Year 5 PV (M)3,021.933,167.893,319.44
PV of Terminal Value (M)89,376.5593,693.4798,175.61
Equity Value (M)102,288.61106,998.93111,884.98
Shares Outstanding (M)130.85130.85130.85
Fair Value$781.71$817.71$855.05
Upside / Downside301.62%320.11%339.30%

High-Yield Dividend Screener

« Prev Page 8 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
035810.KQEASY HOLDINGS Co., Ltd.9.64%$435.2887.39%
0623.HKSinoMedia Holding Limited9.64%$0.1944.98%
ITSA3.SAItaúsa S.A.9.64%$1.1780.68%
MFG.AXMagellan Financial Group Limited9.64%$0.9634.94%
PMTA.BKPM Thoresen Asia Holdings Public Company Limited9.64%$0.9860.98%
2989.TTokaido REIT, Inc.9.63%$11,143.4889.54%
SBMO.ASSBM Offshore N.V.9.63%$2.3853.44%
0576.HKZhejiang Expressway Co., Ltd.9.62%$0.6974.90%
INVEST.HEInvestors House Oyj9.62%$0.3663.41%
MFEC.BKMFEC Public Company Limited9.62%$0.5094.79%
PIKK.MEPJSC PIK-specialized homebuilder9.61%$45.9431.14%
6868.HKTenfu (Cayman) Holdings Company Limited9.60%$0.2693.07%
601077.SSChongqing Rural Commercial Bank Co., Ltd.9.58%$0.6286.18%
SIQ.AXSmartgroup Corporation Ltd9.58%$0.8777.09%
5012.KLTa Ann Holdings Berhad9.57%$0.4093.61%
PAC.AXPacific Current Group Limited9.57%$0.9623.44%
MTO.AXMotorCycle Holdings Limited9.56%$0.3068.86%
HME.VHemisphere Energy Corporation9.55%$0.1957.92%
0382.HKEdvantage Group Holdings Limited9.54%$0.1412.43%
0OQQ.LInfotel S.A.9.54%$4.0386.81%
VIE.PAVeolia Environnement S.A.9.53%$2.8797.23%
0QJX.LEFG International AG9.52%$1.8196.44%
601998.SSChina CITIC Bank Corporation Limited9.51%$0.7368.88%
0752.HKPico Far East Holdings Limited9.50%$0.2545.55%
MRN.PAMersen S.A.9.50%$2.3045.40%
MTS.AXMetcash Limited9.50%$0.3164.02%
SYNE3.SASYN prop e tech S.A.9.50%$0.4659.20%
TEXF.BRTexaf S.A.9.50%$3.4063.35%
601997.SSBank of Guiyang Co.,Ltd.9.49%$0.5639.86%
WMA.AXWam Alternative Assets Limited9.49%$0.109.12%
0135.HKKunlun Energy Company Limited9.48%$0.7052.47%
SC-R.BKSC Asset Corporation Public Company Limited9.47%$0.1648.63%
0DLI.LAcomo N.V.9.45%$2.4067.74%
AFYAAfya Limited9.45%$1.4117.69%
BBRI.JKPT Bank Rakyat Indonesia (Persero) Tbk9.44%$343.6092.61%
TEKA.BKTeka Construction Public Company Limited9.44%$0.1696.55%
8964.TFrontier Real Estate Investment Corporation9.39%$8,736.6196.39%
ALLA.BKAlla Public Company Limited9.39%$0.1177.39%
4333.SRTaleem REIT Fund9.38%$0.9670.19%
SHL.AXSonic Healthcare Limited9.38%$2.1198.90%
TQM-R.BKTQM Alpha Public Company Limited9.37%$1.0882.74%
0882.HKTianjin Development Holdings Limited9.36%$0.2321.27%
0O84.LDNB Bank ASA9.36%$17.5255.97%
4339.SRDerayah Financial - Derayah Reit Fund9.36%$0.4982.63%
601390.SSChina Railway Group Limited9.35%$0.5150.32%
CPACopa Holdings, S.A.9.35%$11.3970.44%
BRSR3.SABanco do Estado do Rio Grande do Sul S.A.9.34%$1.5649.87%
RET.BRRetail Estates N.V.9.34%$5.9746.68%
0265.HKGangyu Smart Urban Services Holdings Limited9.33%$0.1868.15%
KGKC.MEPJSC Kurgan Generation Company9.33%$4.0370.77%