Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Italtile Limited (ITE.JO)

Company Dividend Discount ModelIndustry: Home ImprovementSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$25.94 - $40.64$32.69
Multi-Stage$24.24 - $26.25$25.23
Blended Fair Value$28.96
Current Price$10.02
Upside189.02%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS1.57%22.60%1.310.510.661.180.471.210.750.280.240.23
YoY Growth--158.25%-22.80%-44.09%151.16%-61.40%61.07%165.19%16.10%4.66%36.76%
Dividend Yield--13.09%4.38%5.06%8.40%2.81%10.55%5.09%2.15%2.01%1.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,956.00
(-) Cash Dividends Paid (M)2,515.00
(=) Cash Retained (M)441.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)591.20369.50221.70
Cash Retained (M)441.00441.00441.00
(-) Cash Required (M)-591.20-369.50-221.70
(=) Excess Retained (M)-150.2071.50219.30
(/) Shares Outstanding (M)1,193.631,193.631,193.63
(=) Excess Retained per Share-0.130.060.18
LTM Dividend per Share2.112.112.11
(+) Excess Retained per Share-0.130.060.18
(=) Adjusted Dividend1.982.172.29
WACC / Discount Rate13.56%13.56%13.56%
Growth Rate5.50%6.50%7.50%
Fair Value$25.94$32.69$40.64
Upside / Downside158.84%226.27%305.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,956.003,148.143,352.773,570.703,802.794,049.984,171.48
Payout Ratio85.08%86.06%87.05%88.03%89.02%90.00%92.50%
Projected Dividends (M)2,515.002,709.452,918.543,143.373,385.103,644.983,858.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate13.56%13.56%13.56%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)2,363.532,385.942,408.34
Year 2 PV (M)2,220.902,263.202,305.90
Year 3 PV (M)2,086.602,146.502,207.53
Year 4 PV (M)1,960.182,035.572,113.10
Year 5 PV (M)1,841.201,930.132,022.46
PV of Terminal Value (M)18,459.1919,350.7720,276.48
Equity Value (M)28,931.6030,112.1031,333.82
Shares Outstanding (M)1,193.631,193.631,193.63
Fair Value$24.24$25.23$26.25
Upside / Downside141.90%151.77%161.98%

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