Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

OVS S.p.A. (OVS.MI)

Company Dividend Discount ModelIndustry: Apparel - ManufacturersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$24.62 - $71.98$67.43
Multi-Stage$35.20 - $38.74$36.94
Blended Fair Value$52.19
Current Price$3.64
Upside1,333.68%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS0.00%0.00%0.100.060.040.000.000.000.000.130.130.00
YoY Growth--53.69%45.52%0.00%0.00%0.00%0.00%-100.00%0.00%0.00%0.00%
Dividend Yield--2.79%2.84%1.96%0.00%0.00%0.00%0.00%2.30%2.66%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)98.55
(-) Cash Dividends Paid (M)77.89
(=) Cash Retained (M)20.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)19.7112.327.39
Cash Retained (M)20.6620.6620.66
(-) Cash Required (M)-19.71-12.32-7.39
(=) Excess Retained (M)0.958.3413.27
(/) Shares Outstanding (M)262.57262.57262.57
(=) Excess Retained per Share0.000.030.05
LTM Dividend per Share0.300.300.30
(+) Excess Retained per Share0.000.030.05
(=) Adjusted Dividend0.300.330.35
WACC / Discount Rate2.91%2.91%2.91%
Growth Rate1.67%2.67%3.67%
Fair Value$24.62$67.43$71.98
Upside / Downside576.29%1,752.54%1,877.48%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)98.55101.17103.87106.64109.48112.40115.77
Payout Ratio79.04%81.23%83.42%85.61%87.81%90.00%92.50%
Projected Dividends (M)77.8982.1886.6591.3096.13101.16107.09

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate2.91%2.91%2.91%
Growth Rate1.67%2.67%3.67%
Year 1 PV (M)79.0979.8680.64
Year 2 PV (M)80.2481.8383.43
Year 3 PV (M)81.3683.7886.25
Year 4 PV (M)82.4485.7389.12
Year 5 PV (M)83.4887.6692.02
PV of Terminal Value (M)8,836.929,280.169,741.01
Equity Value (M)9,243.519,699.0210,172.47
Shares Outstanding (M)262.57262.57262.57
Fair Value$35.20$36.94$38.74
Upside / Downside867.15%914.81%964.35%

High-Yield Dividend Screener

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