Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Consti Oyj (CONSTI.HE)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$45.60 - $149.00$139.55
Multi-Stage$74.34 - $82.04$78.11
Blended Fair Value$108.83
Current Price$10.30
Upside956.61%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.00%0.690.580.430.380.150.000.000.510.370.00
YoY Growth--19.05%33.30%13.46%149.43%0.00%0.00%-100.00%39.27%0.00%0.00%
Dividend Yield--6.18%5.57%3.54%3.31%1.17%0.00%0.00%6.34%2.60%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6.44
(-) Cash Dividends Paid (M)5.14
(=) Cash Retained (M)1.30
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1.290.810.48
Cash Retained (M)1.301.301.30
(-) Cash Required (M)-1.29-0.81-0.48
(=) Excess Retained (M)0.010.490.81
(/) Shares Outstanding (M)8.068.068.06
(=) Excess Retained per Share0.000.060.10
LTM Dividend per Share0.640.640.64
(+) Excess Retained per Share0.000.060.10
(=) Adjusted Dividend0.640.700.74
WACC / Discount Rate0.13%0.13%0.13%
Growth Rate-1.26%-0.26%0.74%
Fair Value$45.60$139.55$149.00
Upside / Downside342.76%1,254.85%1,346.63%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6.446.426.416.396.376.366.55
Payout Ratio79.88%81.90%83.93%85.95%87.98%90.00%92.50%
Projected Dividends (M)5.145.265.385.495.615.726.06

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate0.13%0.13%0.13%
Growth Rate-1.26%-0.26%0.74%
Year 1 PV (M)5.205.255.31
Year 2 PV (M)5.265.365.47
Year 3 PV (M)5.315.475.64
Year 4 PV (M)5.365.585.81
Year 5 PV (M)5.415.695.98
PV of Terminal Value (M)572.30601.87632.65
Equity Value (M)598.83629.22660.85
Shares Outstanding (M)8.068.068.06
Fair Value$74.34$78.11$82.04
Upside / Downside621.74%658.38%696.49%

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