Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Bossard Holding AG (0QS5.L)

Company Dividend Discount ModelIndustry: Manufacturing - Metal FabricationSector: Industrials

Valuation Snapshot

Stable Growth$248.12 - $450.96$332.45
Multi-Stage$464.34 - $510.38$486.92
Blended Fair Value$409.68
Current Price$174.60
Upside134.64%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.12%3.11%4.005.495.104.401.994.454.163.262.952.95
YoY Growth---27.22%7.80%15.94%120.55%-55.23%7.16%27.59%10.37%0.16%0.06%
Dividend Yield--2.09%2.49%2.55%1.34%1.12%2.55%2.97%1.42%2.06%2.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)135.53
(-) Cash Dividends Paid (M)60.87
(=) Cash Retained (M)74.66
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)27.1116.9410.16
Cash Retained (M)74.6674.6674.66
(-) Cash Required (M)-27.11-16.94-10.16
(=) Excess Retained (M)47.5657.7264.50
(/) Shares Outstanding (M)7.707.707.70
(=) Excess Retained per Share6.177.498.37
LTM Dividend per Share7.907.907.90
(+) Excess Retained per Share6.177.498.37
(=) Adjusted Dividend14.0815.3916.27
WACC / Discount Rate6.09%6.09%6.09%
Growth Rate0.40%1.40%2.40%
Fair Value$248.12$332.45$450.96
Upside / Downside42.11%90.41%158.28%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)135.53137.43139.35141.29143.27145.27149.63
Payout Ratio44.91%53.93%62.95%71.96%80.98%90.00%92.50%
Projected Dividends (M)60.8774.1187.71101.68116.02130.74138.41

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.09%6.09%6.09%
Growth Rate0.40%1.40%2.40%
Year 1 PV (M)69.1769.8670.54
Year 2 PV (M)76.4077.9379.47
Year 3 PV (M)82.6585.1587.69
Year 4 PV (M)88.0291.5895.24
Year 5 PV (M)92.5797.27102.16
PV of Terminal Value (M)3,168.123,329.073,496.50
Equity Value (M)3,576.923,750.853,931.62
Shares Outstanding (M)7.707.707.70
Fair Value$464.34$486.92$510.38
Upside / Downside165.94%178.88%192.32%

High-Yield Dividend Screener

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