Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Cofidur S.A. (ALCOF.PA)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$14,727.55 - $17,361.00$16,265.41
Multi-Stage$9,979.56 - $10,980.28$10,470.31
Blended Fair Value$13,367.86
Current Price$298.00
Upside4,385.86%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS19.97%9.53%19.9214.9630.030.008.018.018.018.018.018.01
YoY Growth--33.10%-50.17%0.00%-100.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--6.00%4.68%9.27%0.00%2.78%2.69%2.36%2.17%2.07%2.07%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3.46
(-) Cash Dividends Paid (M)1.35
(=) Cash Retained (M)2.12
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)0.690.430.26
Cash Retained (M)2.122.122.12
(-) Cash Required (M)-0.69-0.43-0.26
(=) Excess Retained (M)1.421.681.86
(/) Shares Outstanding (M)0.040.040.04
(=) Excess Retained per Share36.9443.6748.16
LTM Dividend per Share34.9034.9034.90
(+) Excess Retained per Share36.9443.6748.16
(=) Adjusted Dividend71.8478.5883.07
WACC / Discount Rate0.08%0.08%0.08%
Growth Rate2.50%3.50%4.50%
Fair Value$14,727.55$16,265.41$17,361.00
Upside / Downside4,842.13%5,358.19%5,725.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3.463.583.713.843.974.114.24
Payout Ratio38.87%49.09%59.32%69.55%79.77%90.00%92.50%
Projected Dividends (M)1.351.762.202.673.173.703.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate0.08%0.08%0.08%
Growth Rate2.50%3.50%4.50%
Year 1 PV (M)1.741.761.78
Year 2 PV (M)2.152.202.24
Year 3 PV (M)2.592.662.74
Year 4 PV (M)3.043.163.28
Year 5 PV (M)3.513.693.87
PV of Terminal Value (M)371.81390.30409.52
Equity Value (M)384.84403.77423.43
Shares Outstanding (M)0.040.040.04
Fair Value$9,979.56$10,470.31$10,980.28
Upside / Downside3,248.85%3,413.53%3,584.66%

High-Yield Dividend Screener

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