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Build-A-Bear Workshop, Inc. (BBW)

Company Dividend Discount ModelIndustry: Specialty RetailSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$40.28 - $61.69$50.28
Multi-Stage$55.31 - $60.68$57.95
Blended Fair Value$54.11
Current Price$54.22
Upside-0.20%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201720162015
DPS0.00%0.00%0.840.000.020.000.000.000.000.000.000.00
YoY Growth--22,866.67%-83.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--2.29%0.01%0.10%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)57.49
(-) Cash Dividends Paid (M)11.21
(=) Cash Retained (M)46.28
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)11.507.194.31
Cash Retained (M)46.2846.2846.28
(-) Cash Required (M)-11.50-7.19-4.31
(=) Excess Retained (M)34.7839.0941.97
(/) Shares Outstanding (M)13.1713.1713.17
(=) Excess Retained per Share2.642.973.19
LTM Dividend per Share0.850.850.85
(+) Excess Retained per Share2.642.973.19
(=) Adjusted Dividend3.493.824.04
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate0.38%1.38%2.38%
Fair Value$40.28$50.28$61.69
Upside / Downside-25.70%-7.27%13.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)57.4958.2859.0859.9060.7361.5663.41
Payout Ratio19.50%33.60%47.70%61.80%75.90%90.00%92.50%
Projected Dividends (M)11.2119.5828.1837.0246.0955.4158.66

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate0.38%1.38%2.38%
Year 1 PV (M)17.7717.9518.13
Year 2 PV (M)23.2223.6924.16
Year 3 PV (M)27.6928.5229.37
Year 4 PV (M)31.2932.5633.86
Year 5 PV (M)34.1435.8837.68
PV of Terminal Value (M)594.50624.71656.13
Equity Value (M)728.61763.30799.33
Shares Outstanding (M)13.1713.1713.17
Fair Value$55.31$57.95$60.68
Upside / Downside2.02%6.87%11.92%

High-Yield Dividend Screener

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