Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Clean Life Co. (9581.SR)

Company Dividend Discount ModelIndustry: Personal Products & ServicesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$88.82 - $124.65$106.63
Multi-Stage$135.79 - $148.54$142.05
Blended Fair Value$124.34
Current Price$107.90
Upside15.23%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020
DPS0.00%0.00%5.001.501.943.002.000.000.000.000.000.00
YoY Growth--233.33%-22.86%-35.19%50.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--4.59%1.58%1.56%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)21.34
(-) Cash Dividends Paid (M)12.00
(=) Cash Retained (M)9.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.272.671.60
Cash Retained (M)9.349.349.34
(-) Cash Required (M)-4.27-2.67-1.60
(=) Excess Retained (M)5.076.677.74
(/) Shares Outstanding (M)1.501.501.50
(=) Excess Retained per Share3.384.455.16
LTM Dividend per Share8.008.008.00
(+) Excess Retained per Share3.384.455.16
(=) Adjusted Dividend11.3812.4513.16
WACC / Discount Rate10.56%10.56%10.56%
Growth Rate-2.00%-1.00%0.00%
Fair Value$88.82$106.63$124.65
Upside / Downside-17.68%-1.18%15.52%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)21.3421.1220.9120.7020.5020.2920.90
Payout Ratio56.24%62.99%69.74%76.50%83.25%90.00%92.50%
Projected Dividends (M)12.0013.3114.5915.8417.0618.2619.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.56%10.56%10.56%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)11.9112.0412.16
Year 2 PV (M)11.6911.9312.18
Year 3 PV (M)11.3711.7212.08
Year 4 PV (M)10.9711.4211.89
Year 5 PV (M)10.5111.0611.63
PV of Terminal Value (M)147.24154.90162.89
Equity Value (M)203.69213.07222.82
Shares Outstanding (M)1.501.501.50
Fair Value$135.79$142.05$148.54
Upside / Downside25.85%31.65%37.67%

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