Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

NoHo Partners Oyj (NOHO.HE)

Company Dividend Discount ModelIndustry: RestaurantsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$41.96 - $121.79$65.90
Multi-Stage$28.19 - $30.79$29.47
Blended Fair Value$47.69
Current Price$9.14
Upside421.73%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.36%17.46%0.490.490.040.040.040.420.360.290.220.20
YoY Growth--0.99%1,162.50%8.81%-4.54%-91.09%16.22%23.05%32.19%8.03%107.58%
Dividend Yield--5.51%6.06%0.48%0.45%0.51%9.59%4.90%3.36%3.30%4.06%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)34.60
(-) Cash Dividends Paid (M)10.20
(=) Cash Retained (M)24.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6.924.332.60
Cash Retained (M)24.4024.4024.40
(-) Cash Required (M)-6.92-4.33-2.60
(=) Excess Retained (M)17.4820.0821.81
(/) Shares Outstanding (M)20.6720.6720.67
(=) Excess Retained per Share0.850.971.05
LTM Dividend per Share0.490.490.49
(+) Excess Retained per Share0.850.971.05
(=) Adjusted Dividend1.341.461.55
WACC / Discount Rate8.87%8.87%8.87%
Growth Rate5.50%6.50%7.50%
Fair Value$41.96$65.90$121.79
Upside / Downside359.07%621.06%1,232.50%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)34.6036.8539.2441.8044.5147.4048.83
Payout Ratio29.48%41.58%53.69%65.79%77.90%90.00%92.50%
Projected Dividends (M)10.2015.3221.0727.5034.6742.6645.17

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.87%8.87%8.87%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)13.9414.0814.21
Year 2 PV (M)17.4417.7818.11
Year 3 PV (M)20.7221.3121.92
Year 4 PV (M)23.7724.6825.62
Year 5 PV (M)26.6127.9029.23
PV of Terminal Value (M)480.26503.45527.54
Equity Value (M)582.74609.20636.63
Shares Outstanding (M)20.6720.6720.67
Fair Value$28.19$29.47$30.79
Upside / Downside208.40%222.40%236.92%

High-Yield Dividend Screener

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