Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

SpareBank 1 Ringerike Hadeland (RING.OL)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$1,397.15 - $8,160.40$2,585.81
Multi-Stage$859.22 - $937.48$897.64
Blended Fair Value$1,741.73
Current Price$398.00
Upside337.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS13.63%9.97%20.3913.3616.4711.5913.5510.7710.4910.297.099.16
YoY Growth--52.61%-18.85%42.08%-14.49%25.88%2.66%1.89%45.20%-22.65%16.27%
Dividend Yield--5.42%4.71%5.15%3.26%5.42%5.38%5.30%5.05%3.75%5.29%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)647.92
(-) Cash Dividends Paid (M)482.00
(=) Cash Retained (M)165.92
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)129.5880.9948.59
Cash Retained (M)165.92165.92165.92
(-) Cash Required (M)-129.58-80.99-48.59
(=) Excess Retained (M)36.3484.93117.33
(/) Shares Outstanding (M)15.7915.7915.79
(=) Excess Retained per Share2.305.387.43
LTM Dividend per Share30.5230.5230.52
(+) Excess Retained per Share2.305.387.43
(=) Adjusted Dividend32.8335.9037.96
WACC / Discount Rate7.98%7.98%7.98%
Growth Rate5.50%6.50%7.50%
Fair Value$1,397.15$2,585.81$8,160.40
Upside / Downside251.04%549.70%1,950.35%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)647.92690.04734.89782.66833.53887.71914.34
Payout Ratio74.39%77.51%80.63%83.76%86.88%90.00%92.50%
Projected Dividends (M)482.00534.87592.58655.53724.16798.94845.77

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.98%7.98%7.98%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)490.70495.35500.00
Year 2 PV (M)498.74508.24517.83
Year 3 PV (M)506.16520.69535.49
Year 4 PV (M)512.97532.70552.99
Year 5 PV (M)519.20544.28570.32
PV of Terminal Value (M)11,039.6111,572.8312,126.45
Equity Value (M)13,567.3814,174.0814,803.08
Shares Outstanding (M)15.7915.7915.79
Fair Value$859.22$897.64$937.48
Upside / Downside115.88%125.54%135.55%

High-Yield Dividend Screener

« Prev Page 93 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
603890.SSSuzhou Chunqiu Electronic Technology Co., Ltd.1.16%$0.1926.66%
688596.SSShanghai GenTech Co., Ltd.1.16%$0.3739.36%
9520.SRShatirah House Restaurant Co.1.16%$0.2872.19%
HKB.SIAMTD IDEA Group1.16%$0.041.49%
LUVE.MILU-VE S.p.A.1.16%$0.4628.39%
M-CHAI.BKMahachai Hospital Public Company Limited1.16%$0.2541.99%
TELTE Connectivity Ltd.1.16%$2.6943.59%
002705.SZGuangdong Xinbao Electrical Appliances Holdings Co., Ltd1.15%$0.1611.95%
2588.HKBOC Aviation Limited1.15%$0.8533.42%
300939.SZShenzhen AV-Display Co., Ltd.1.15%$0.4058.71%
4368.TFuso Chemical Co.,Ltd.1.15%$72.9521.72%
4543.TTerumo Corporation1.15%$26.0729.43%
600338.SSTibet Summit Resources Co.,Ltd.1.15%$0.1735.44%
600763.SSTopchoice Medical Corporation1.15%$0.4639.91%
601600.SSAluminum Corporation of China Limited1.15%$0.1416.77%
603223.SSHengtong Logistics Co., Ltd.1.15%$0.1132.46%
605003.SSZhongWang Fabric Co., Ltd.1.15%$0.4169.19%
7115.TAlpha Purchase Co., Ltd.1.15%$25.8927.00%
FSL.BOFirstsource Solutions Limited1.15%$3.9041.18%
SAP.DESAP SE1.15%$2.3338.73%
TERRA13.MXFibra Terrafina1.15%$0.4614.15%
TTEN3.SATrês Tentos Agroindustrial S/A1.15%$0.1911.01%
001301.SZShijiazhuang Shangtai Technology Co., Ltd.1.14%$0.9826.25%
004370.KSNongshim Co., Ltd.1.14%$4,883.4318.11%
0HA8.LCorporación Financiera Alba, S.A.1.14%$0.9659.26%
0ZPV.LJenoptik AG1.14%$0.3524.94%
2651.TLawson, Inc.1.14%$117.3822.18%
300636.SZJiangxi Synergy Pharmaceutical Co., Ltd.1.14%$0.0938.18%
301181.SZJiangyin Pivot Automotive Products Co., Ltd.1.14%$0.5047.28%
4200.SRAldrees Petroleum and Transport Services Company1.14%$1.5036.84%
600552.SSTriumph Science & Technology Co.,Ltd1.14%$0.1485.31%
601969.SSHainan Mining Co., Ltd.1.14%$0.1457.09%
688314.SSKontour (Xi'an) Medical Technology Co., Ltd.1.14%$0.3834.72%
8466.TWM.J. International Co., Ltd.1.14%$0.2522.59%
8467.TWBonny Worldwide Limited1.14%$2.0215.71%
9936.HKXimei Resources Holding Limited1.14%$0.079.69%
TANLA.BOTanla Platforms Limited1.14%$6.0616.86%
VIT-B.STVitec Software Group AB (publ)1.14%$3.3033.04%
WINE.JKPT HATTEN BALI Tbk1.14%$2.3515.27%
001696.SZChongqing Zongshen Power Machinery Co.,Ltd1.13%$0.2533.93%
002363.SZShandong Longji Machinery Co.,Ltd1.13%$0.1191.74%
095610.KQTES Co., Ltd1.13%$600.1415.66%
098070.KQHantech1.13%$356.9910.94%
206640.KQBoditech Med Inc.1.13%$150.0312.80%
3498.TKasumigaseki Capital Co.,Ltd.1.13%$83.2616.29%
600054.SSHuangshan Tourism Development Co.,Ltd.1.13%$0.1333.02%
600377.SSJiangsu Expressway Company Limited1.13%$0.1414.78%
601677.SSHenan Mingtai Al.Industrial Co.,Ltd.1.13%$0.1712.01%
688589.SSLeaguer (Shenzhen) Microelectronics Corp.1.13%$0.2666.29%
7203.SRElm Company1.13%$8.5030.89%