Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

The Bidvest Group Limited (BVT.JO)

Company Dividend Discount ModelIndustry: ConglomeratesSector: Industrials

Valuation Snapshot

Stable Growth$814.54 - $2,056.49$1,226.44
Multi-Stage$670.10 - $732.10$700.53
Blended Fair Value$963.49
Current Price$233.53
Upside312.57%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS6.57%5.29%9.159.578.527.343.146.665.775.124.529.50
YoY Growth---4.40%12.38%16.04%133.93%-52.87%15.44%12.64%13.27%-52.42%73.78%
Dividend Yield--3.92%3.31%3.26%3.50%1.65%4.69%3.00%2.60%2.87%6.85%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)12,437.52
(-) Cash Dividends Paid (M)6,377.00
(=) Cash Retained (M)6,060.52
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,487.501,554.69932.81
Cash Retained (M)6,060.526,060.526,060.52
(-) Cash Required (M)-2,487.50-1,554.69-932.81
(=) Excess Retained (M)3,573.014,505.835,127.70
(/) Shares Outstanding (M)340.59340.59340.59
(=) Excess Retained per Share10.4913.2315.06
LTM Dividend per Share18.7218.7218.72
(+) Excess Retained per Share10.4913.2315.06
(=) Adjusted Dividend29.2131.9533.78
WACC / Discount Rate8.32%8.32%8.32%
Growth Rate4.57%5.57%6.57%
Fair Value$814.54$1,226.44$2,056.49
Upside / Downside248.80%425.17%780.61%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)12,437.5213,130.1113,861.2614,633.1315,447.9916,308.2116,797.46
Payout Ratio51.27%59.02%66.76%74.51%82.25%90.00%92.50%
Projected Dividends (M)6,377.007,749.109,254.2510,902.9912,706.6614,677.3915,537.65

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.32%8.32%8.32%
Growth Rate4.57%5.57%6.57%
Year 1 PV (M)7,086.207,153.967,221.73
Year 2 PV (M)7,738.647,887.368,037.50
Year 3 PV (M)8,337.418,578.908,825.01
Year 4 PV (M)8,885.449,230.239,584.97
Year 5 PV (M)9,385.529,842.9610,318.06
PV of Terminal Value (M)186,794.77195,898.93205,354.66
Equity Value (M)228,227.98238,592.35249,341.93
Shares Outstanding (M)340.59340.59340.59
Fair Value$670.10$700.53$732.10
Upside / Downside186.95%199.98%213.49%

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