Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

JSE Limited (JSE.JO)

Company Dividend Discount ModelIndustry: Financial - Data & Stock ExchangesSector: Financial Services

Valuation Snapshot

Stable Growth$326.28 - $598.82$438.82
Multi-Stage$295.31 - $322.43$308.62
Blended Fair Value$373.72
Current Price$133.27
Upside180.42%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-1.95%6.62%7.957.788.677.388.568.776.325.866.545.02
YoY Growth--2.14%-10.23%17.43%-13.78%-2.39%38.69%7.92%-10.36%30.29%19.88%
Dividend Yield--6.58%8.42%7.99%6.59%7.61%7.34%3.82%3.82%3.98%3.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,813.76
(-) Cash Dividends Paid (M)659.84
(=) Cash Retained (M)1,153.91
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)362.75226.72136.03
Cash Retained (M)1,153.911,153.911,153.91
(-) Cash Required (M)-362.75-226.72-136.03
(=) Excess Retained (M)791.16927.191,017.88
(/) Shares Outstanding (M)83.0283.0283.02
(=) Excess Retained per Share9.5311.1712.26
LTM Dividend per Share7.957.957.95
(+) Excess Retained per Share9.5311.1712.26
(=) Adjusted Dividend17.4819.1220.21
WACC / Discount Rate9.91%9.91%9.91%
Growth Rate4.32%5.32%6.32%
Fair Value$326.28$438.82$598.82
Upside / Downside144.82%229.27%349.33%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,813.761,910.232,011.842,118.852,231.552,350.252,420.76
Payout Ratio36.38%47.10%57.83%68.55%79.28%90.00%92.50%
Projected Dividends (M)659.84899.791,163.401,452.511,769.092,115.232,239.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.91%9.91%9.91%
Growth Rate4.32%5.32%6.32%
Year 1 PV (M)810.91818.69826.46
Year 2 PV (M)944.92963.12981.50
Year 3 PV (M)1,063.201,094.071,125.53
Year 4 PV (M)1,167.011,212.411,259.12
Year 5 PV (M)1,257.521,318.961,382.78
PV of Terminal Value (M)19,273.8620,215.5421,193.66
Equity Value (M)24,517.4325,622.7826,769.05
Shares Outstanding (M)83.0283.0283.02
Fair Value$295.31$308.62$322.43
Upside / Downside121.58%131.57%141.93%

High-Yield Dividend Screener

« Prev Page 8 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ACICAmerican Coastal Insurance Corporation4.24%$0.4828.28%
NCDLNuveen Churchill Direct Lending Corp.4.24%$0.5730.88%
ESEversource Energy4.23%$2.8879.84%
ISBCInvestors Bancorp, Inc.4.21%$0.5844.24%
KMIKinder Morgan, Inc.4.21%$1.1795.05%
PWODPenns Woods Bancorp, Inc.4.17%$1.2545.44%
DDSDillard's, Inc.4.16%$26.5071.17%
RLIRLI Corp.4.16%$2.6067.96%
TFCTruist Financial Corporation4.16%$2.0753.19%
RMBIRichmond Mutual Bancorporation, Inc.4.15%$0.5854.33%
PRPermian Resources Corporation4.14%$0.6052.90%
RILYTB. Riley Financial, Inc. 6.00% Senior Notes Due 20284.13%$0.5856.91%
DGICADonegal Group Inc.4.12%$0.8028.85%
AUBNAuburn National Bancorporation, Inc.4.11%$1.0876.62%
FHBFirst Hawaiian, Inc.4.11%$1.0650.97%
PORPortland General Electric Company4.09%$1.9872.28%
NEWTLNewtek Business Services Corp.4.08%$1.0244.14%
NEWTGNewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 20294.06%$1.0244.14%
NEWTZNewtek Business Services Corp. 5.50% Notes Due 20264.05%$1.0244.14%
LKQLKQ Corporation4.04%$1.2144.76%
NWENorthwestern Energy Group Inc4.04%$2.6274.07%
PXDPioneer Natural Resources Company4.00%$10.8054.25%
HAFCHanmi Financial Corporation3.99%$1.0744.22%
KSSKohl's Corporation3.99%$0.8550.52%
APAAPA Corporation3.98%$1.0124.12%
NWNNorthwest Natural Holding Company3.98%$1.8676.25%
HFWAHeritage Financial Corporation3.97%$0.9456.54%
WSBCWesBanco, Inc.3.97%$1.3265.39%
FULTFulton Financial Corporation3.96%$0.7739.22%
REYNReynolds Consumer Products Inc.3.96%$0.9163.16%
MSMMSC Industrial Direct Co., Inc.3.95%$3.3995.14%
RF-PFRegions Financial Corporation3.95%$1.0141.98%
NEWTINewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 20283.94%$0.9942.24%
BOHBank of Hawaii Corporation3.93%$2.6958.42%
DCOMDime Community Bancshares, Inc.3.93%$1.1786.59%
OGEOGE Energy Corp.3.93%$1.6967.72%
ASIEXMultisector Income Fund - Investor Class3.92%$0.3596.64%
ESSEssex Property Trust, Inc.3.90%$10.0376.31%
WABCWestamerica Bancorporation3.90%$1.8639.32%
NJRNew Jersey Resources Corporation3.88%$1.7853.65%
XHRXenia Hotels & Resorts, Inc.3.88%$0.5693.99%
ARTNAArtesian Resources Corporation3.87%$1.2255.68%
FFBCFirst Financial Bancorp.3.87%$0.9738.17%
PNWPinnacle West Capital Corporation3.87%$3.4169.92%
UEUrban Edge Properties3.87%$0.7482.23%
NECBNortheast Community Bancorp, Inc.3.86%$0.8827.20%
SCSCXTouchstone Large Cap Focused Fund Class C3.86%$2.8037.43%
BBWIBath & Body Works, Inc.3.85%$0.8024.18%
BHBBar Harbor Bankshares3.85%$1.2054.11%
UGIUGI Corporation3.85%$1.4547.35%