Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

EVS Broadcast Equipment S.A. (0N9Z.L)

Company Dividend Discount ModelIndustry: Furnishings, Fixtures & AppliancesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$54.49 - $87.00$69.24
Multi-Stage$62.48 - $68.37$65.37
Blended Fair Value$67.31
Current Price$35.55
Upside89.33%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.91%-5.81%1.061.521.430.950.000.960.961.151.051.43
YoY Growth---30.67%6.89%50.09%0.00%-100.00%0.39%-16.65%9.08%-26.57%-25.37%
Dividend Yield--3.41%5.28%6.41%4.59%0.00%4.42%4.13%3.93%3.17%4.94%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)71.91
(-) Cash Dividends Paid (M)18.84
(=) Cash Retained (M)53.07
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14.388.995.39
Cash Retained (M)53.0753.0753.07
(-) Cash Required (M)-14.38-8.99-5.39
(=) Excess Retained (M)38.6944.0947.68
(/) Shares Outstanding (M)14.1114.1114.11
(=) Excess Retained per Share2.743.123.38
LTM Dividend per Share1.331.331.33
(+) Excess Retained per Share2.743.123.38
(=) Adjusted Dividend4.084.464.71
WACC / Discount Rate9.83%9.83%9.83%
Growth Rate2.18%3.18%4.18%
Fair Value$54.49$69.24$87.00
Upside / Downside53.28%94.77%144.73%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)71.9174.2076.5679.0081.5284.1186.64
Payout Ratio26.19%38.96%51.72%64.48%77.24%90.00%92.50%
Projected Dividends (M)18.8428.9039.6050.9462.9675.7080.14

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.83%9.83%9.83%
Growth Rate2.18%3.18%4.18%
Year 1 PV (M)26.0626.3226.57
Year 2 PV (M)32.1932.8333.47
Year 3 PV (M)37.3438.4539.58
Year 4 PV (M)41.6243.2744.98
Year 5 PV (M)45.1247.3749.71
PV of Terminal Value (M)699.44734.34770.62
Equity Value (M)881.77922.57964.92
Shares Outstanding (M)14.1114.1114.11
Fair Value$62.48$65.37$68.37
Upside / Downside75.76%83.89%92.33%

High-Yield Dividend Screener

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