Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Al Majed Oud Co. (4165.SR)

Company Dividend Discount ModelIndustry: Specialty RetailSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$56.69 - $83.38$69.51
Multi-Stage$107.22 - $117.50$112.26
Blended Fair Value$90.89
Current Price$148.10
Upside-38.63%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020
DPS0.00%0.00%5.001.583.924.722.920.000.000.000.000.00
YoY Growth--216.46%-59.69%-16.95%61.64%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--3.65%1.29%3.21%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)182.68
(-) Cash Dividends Paid (M)150.00
(=) Cash Retained (M)32.68
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36.5422.8413.70
Cash Retained (M)32.6832.6832.68
(-) Cash Required (M)-36.54-22.84-13.70
(=) Excess Retained (M)-3.859.8518.98
(/) Shares Outstanding (M)24.9924.9924.99
(=) Excess Retained per Share-0.150.390.76
LTM Dividend per Share6.006.006.00
(+) Excess Retained per Share-0.150.390.76
(=) Adjusted Dividend5.856.406.76
WACC / Discount Rate8.11%8.11%8.11%
Growth Rate-2.00%-1.00%0.00%
Fair Value$56.69$69.51$83.38
Upside / Downside-61.72%-53.07%-43.70%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)182.68180.86179.05177.26175.48173.73178.94
Payout Ratio82.11%83.69%85.27%86.84%88.42%90.00%92.50%
Projected Dividends (M)150.00151.35152.67153.94155.17156.36165.52

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.11%8.11%8.11%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)138.59140.00141.42
Year 2 PV (M)128.00130.62133.28
Year 3 PV (M)118.18121.83125.56
Year 4 PV (M)109.07113.60118.25
Year 5 PV (M)100.64105.88111.34
PV of Terminal Value (M)2,085.502,194.102,307.17
Equity Value (M)2,679.982,806.032,937.02
Shares Outstanding (M)24.9924.9924.99
Fair Value$107.22$112.26$117.50
Upside / Downside-27.60%-24.20%-20.66%

High-Yield Dividend Screener

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