Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Mpact Limited (MPT.JO)

Company Dividend Discount ModelIndustry: Packaging & ContainersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$143.17 - $333.64$210.01
Multi-Stage$182.30 - $200.08$191.02
Blended Fair Value$200.52
Current Price$25.50
Upside686.34%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS4.39%2.68%1.051.190.890.000.490.850.320.310.520.51
YoY Growth---11.82%33.94%0.00%-100.00%-42.41%168.09%0.43%-39.22%0.92%-36.36%
Dividend Yield--3.55%4.00%3.05%0.00%3.52%5.69%1.50%1.29%1.83%1.09%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,045.60
(-) Cash Dividends Paid (M)332.80
(=) Cash Retained (M)712.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)209.12130.7078.42
Cash Retained (M)712.80712.80712.80
(-) Cash Required (M)-209.12-130.70-78.42
(=) Excess Retained (M)503.68582.10634.38
(/) Shares Outstanding (M)147.80147.80147.80
(=) Excess Retained per Share3.413.944.29
LTM Dividend per Share2.252.252.25
(+) Excess Retained per Share3.413.944.29
(=) Adjusted Dividend5.666.196.54
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate2.39%3.39%4.39%
Fair Value$143.17$210.01$333.64
Upside / Downside461.46%723.57%1,208.39%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,045.601,081.041,117.691,155.571,194.741,235.241,272.30
Payout Ratio31.83%43.46%55.10%66.73%78.37%90.00%92.50%
Projected Dividends (M)332.80469.85615.81771.13936.271,111.721,176.87

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.44%6.44%6.44%
Growth Rate2.39%3.39%4.39%
Year 1 PV (M)437.17441.44445.71
Year 2 PV (M)533.12543.58554.15
Year 3 PV (M)621.13639.51658.25
Year 4 PV (M)701.69729.50758.14
Year 5 PV (M)775.22813.82853.95
PV of Terminal Value (M)23,876.3425,065.2926,301.15
Equity Value (M)26,944.6628,233.1529,571.33
Shares Outstanding (M)147.80147.80147.80
Fair Value$182.30$191.02$200.08
Upside / Downside614.92%649.11%684.61%

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