Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Signaux Girod S.A. (ALGIR.PA)

Company Dividend Discount ModelIndustry: RailroadsSector: Industrials

Valuation Snapshot

Stable Growth$472.44 - $557.41$522.01
Multi-Stage$358.89 - $396.65$377.39
Blended Fair Value$449.70
Current Price$19.10
Upside2,254.44%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%-5.48%0.990.000.000.000.000.009.600.420.001.07
YoY Growth--0.00%0.00%0.00%0.00%0.00%-100.00%2,186.31%0.00%-100.00%-38.30%
Dividend Yield--6.99%0.00%0.00%0.00%0.00%0.00%58.20%1.84%0.00%5.75%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3.09
(-) Cash Dividends Paid (M)1.01
(=) Cash Retained (M)2.08
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)0.620.390.23
Cash Retained (M)2.082.082.08
(-) Cash Required (M)-0.62-0.39-0.23
(=) Excess Retained (M)1.461.691.85
(/) Shares Outstanding (M)1.031.031.03
(=) Excess Retained per Share1.421.651.80
LTM Dividend per Share0.990.990.99
(+) Excess Retained per Share1.421.651.80
(=) Adjusted Dividend2.412.642.79
WACC / Discount Rate-5.67%-5.67%-5.67%
Growth Rate-2.00%-1.00%0.00%
Fair Value$472.44$522.01$557.41
Upside / Downside2,373.51%2,633.01%2,818.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3.093.063.033.002.972.943.03
Payout Ratio32.73%44.18%55.64%67.09%78.55%90.00%92.50%
Projected Dividends (M)1.011.351.692.012.332.652.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate-5.67%-5.67%-5.67%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)1.421.431.45
Year 2 PV (M)1.861.891.93
Year 3 PV (M)2.332.402.47
Year 4 PV (M)2.832.953.07
Year 5 PV (M)3.373.543.73
PV of Terminal Value (M)356.50375.07394.40
Equity Value (M)368.30387.28407.04
Shares Outstanding (M)1.031.031.03
Fair Value$358.89$377.39$396.65
Upside / Downside1,779.03%1,875.87%1,976.68%

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