Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Pirelli & C. S.p.A. (PIRC.MI)

Company Dividend Discount ModelIndustry: Auto - PartsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$4.85 - $7.62$6.12
Multi-Stage$7.79 - $8.55$8.16
Blended Fair Value$7.14
Current Price$5.79
Upside23.33%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS1.93%2.47%0.200.220.180.080.000.180.010.010.000.19
YoY Growth---8.29%20.21%131.93%0.00%-100.00%2,120.51%-34.34%520.65%-98.92%18.40%
Dividend Yield--3.66%3.87%3.93%1.59%0.00%5.57%0.14%0.17%0.03%2.87%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)496.17
(-) Cash Dividends Paid (M)256.35
(=) Cash Retained (M)239.82
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)99.2362.0237.21
Cash Retained (M)239.82239.82239.82
(-) Cash Required (M)-99.23-62.02-37.21
(=) Excess Retained (M)140.59177.80202.61
(/) Shares Outstanding (M)1,020.411,020.411,020.41
(=) Excess Retained per Share0.140.170.20
LTM Dividend per Share0.250.250.25
(+) Excess Retained per Share0.140.170.20
(=) Adjusted Dividend0.390.430.45
WACC / Discount Rate7.95%7.95%7.95%
Growth Rate-0.07%0.93%1.93%
Fair Value$4.85$6.12$7.62
Upside / Downside-16.26%5.69%31.59%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)496.17500.78505.44510.14514.89519.67535.26
Payout Ratio51.67%59.33%67.00%74.67%82.33%90.00%92.50%
Projected Dividends (M)256.35297.13338.64380.90423.92467.71495.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.95%7.95%7.95%
Growth Rate-0.07%0.93%1.93%
Year 1 PV (M)272.52275.25277.98
Year 2 PV (M)284.89290.62296.40
Year 3 PV (M)293.91302.82311.91
Year 4 PV (M)300.02312.21324.76
Year 5 PV (M)303.60319.09335.22
PV of Terminal Value (M)6,496.606,828.227,173.26
Equity Value (M)7,951.528,328.218,719.53
Shares Outstanding (M)1,020.411,020.411,020.41
Fair Value$7.79$8.16$8.55
Upside / Downside34.58%40.96%47.58%

High-Yield Dividend Screener

« Prev Page 85 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0258.HKTomson Group Limited1.44%$0.037.69%
055490.KSTapex Co., Ltd.1.44%$199.7851.52%
2756.TWOLian Fa International Dining Business Corp.1.44%$1.1840.55%
300130.SZXGD Inc.1.44%$0.4065.84%
300194.SZFuan Pharmaceutical (Group) Co., Ltd.1.44%$0.0652.37%
301058.SZCOFCO Technology & Industry Co., Ltd.1.44%$0.1634.15%
3393.HKWasion Holdings Limited1.44%$0.2617.68%
5536.TWOActer Group Corporation Limited1.44%$10.9947.44%
600809.SSShanxi Xinghuacun Fen Wine Factory Co.,Ltd.1.44%$2.4724.55%
6485.TMaezawa Kyuso Industries Co.,Ltd.1.44%$22.7715.91%
6506.TYASKAWA Electric Corporation1.44%$68.3230.92%
688092.SSHangzhou IECHO Science & Technology Co., Ltd.1.44%$0.3655.35%
ISS.COISS A/S1.44%$3.1019.54%
003027.SZTongxing Environmental Protection Technology Co.,Ltd1.43%$0.3250.08%
0W19.LDatagroup Se1.43%$1.0034.00%
0YG7.LBeijer Alma AB (publ)1.43%$4.1246.18%
2427.TOUTSOURCING Inc.1.43%$24.9856.59%
300409.SZGuangdong Dowstone Technology Co., Ltd.1.43%$0.3258.17%
600362.SSJiangxi Copper Company Limited1.43%$0.7933.95%
600409.SSTangshan Sanyou Chemical Industries Co.,Ltd1.43%$0.0981.03%
601858.SSChina Science Publishing & Media Ltd.1.43%$0.2639.12%
603283.SSSuzhou Secote Precision Electronic Co.,LTD1.43%$0.6225.98%
603757.SSZhejiang Dayuan Pumps Industry Co., Ltd1.43%$0.6358.53%
6479.TMinebeaMitsumi Inc.1.43%$45.0629.19%
7012.TKawasaki Heavy Industries, Ltd.1.43%$148.5132.29%
9630.SRRatio Speciality Company for Trading1.43%$0.1014.11%
GGenpact Limited1.43%$0.6620.93%
GILGildan Activewear Inc.1.43%$0.9028.59%
MRU.TOMetro Inc.1.43%$1.4230.52%
SIMINN.ICSíminn hf.1.43%$0.2133.47%
002568.SZShanghai Bairun Investment Holding Group Co., Ltd.1.42%$0.3146.41%
2270.HKDesun Real Estate Investment Services Group Co., Ltd.1.42%$0.0641.57%
300294.SZChina Resources Boya Bio-pharmaceutical Group Co., Ltd.1.42%$0.3249.45%
300433.SZLens Technology Co., Ltd.1.42%$0.4354.16%
300906.SZJiangxi Everbright Measurement And Control Technology Co.,Ltd.1.42%$0.5058.74%
301588.SZNewtechwood Corp1.42%$0.2667.53%
4684.TOBIC Co.,Ltd.1.42%$70.0044.07%
600023.SSZhejiang Zheneng Electric Power Co., Ltd.1.42%$0.0712.91%
600268.SSGuodian Nanjing Automation Co., Ltd.1.42%$0.1533.78%
605089.SSSuzhou Weizhixiang Food Co., Ltd.1.42%$0.3667.75%
688677.SSQingdao NovelBeam Technology Co.,Ltd.1.42%$0.6152.58%
7456.TMATSUDA SANGYO Co., Ltd.1.42%$75.0717.79%
DNR.MIIndustrie De Nora S.p.A.1.42%$0.1022.74%
000039.SZChina International Marine Containers (Group) Co., Ltd.1.41%$0.1431.30%
000778.SZXinxing Ductile Iron Pipes Co., Ltd.1.41%$0.0660.76%
002434.SZZhejiang Wanliyang Co., Ltd.1.41%$0.1354.38%
0354.HKChinasoft International Limited1.41%$0.0716.05%
300298.SZSinocare Inc.1.41%$0.2447.22%
600063.SSAnhui Wanwei Updated High-Tech Material Industry Co.,Ltd1.41%$0.0831.80%
603058.SSGuiZhou YongJi Printing CO.,LTD1.41%$0.1342.37%