Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Clean Life Co. (9581.SR)

Company Dividend Discount ModelIndustry: Personal Products & ServicesSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$99.75 - $143.32$121.04
Multi-Stage$166.81 - $182.82$174.66
Blended Fair Value$147.85
Current Price$107.90
Upside37.02%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR20242023202220212020
DPS0.00%0.00%5.001.501.943.002.000.000.000.000.000.00
YoY Growth--233.33%-22.86%-35.19%50.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--4.59%1.58%1.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)21.34
(-) Cash Dividends Paid (M)12.00
(=) Cash Retained (M)9.34
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)4.272.671.60
Cash Retained (M)9.349.349.34
(-) Cash Required (M)-4.27-2.67-1.60
(=) Excess Retained (M)5.076.677.74
(/) Shares Outstanding (M)1.501.501.50
(=) Excess Retained per Share3.384.455.16
LTM Dividend per Share8.008.008.00
(+) Excess Retained per Share3.384.455.16
(=) Adjusted Dividend11.3812.4513.16
WACC / Discount Rate9.18%9.18%9.18%
Growth Rate-2.00%-1.00%0.00%
Fair Value$99.75$121.04$143.32
Upside / Downside-7.56%12.18%32.83%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)21.3421.1220.9120.7020.5020.2920.90
Payout Ratio56.24%62.99%69.74%76.50%83.25%90.00%92.50%
Projected Dividends (M)12.0013.3114.5915.8417.0618.2619.33

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.18%9.18%9.18%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)12.0612.1912.31
Year 2 PV (M)11.9912.2412.48
Year 3 PV (M)11.8012.1712.54
Year 4 PV (M)11.5312.0112.50
Year 5 PV (M)11.1911.7712.38
PV of Terminal Value (M)191.64201.62212.01
Equity Value (M)250.22261.99274.23
Shares Outstanding (M)1.501.501.50
Fair Value$166.81$174.66$182.82
Upside / Downside54.60%61.87%69.43%

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