Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Vertu Motors plc (VTU.L)

Company Dividend Discount ModelIndustry: Auto - DealershipsSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$6.02 - $24.53$15.79
Multi-Stage$2.96 - $3.24$3.10
Blended Fair Value$9.44
Current Price$0.52
Upside1,712.54%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS5.38%10.64%0.020.020.020.010.020.020.020.020.020.01
YoY Growth--2.51%29.25%157.97%-61.99%0.00%8.22%-0.37%6.07%36.45%35.51%
Dividend Yield--4.30%3.31%2.77%1.09%4.52%5.44%4.13%3.71%3.16%1.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)43.82
(-) Cash Dividends Paid (M)15.71
(=) Cash Retained (M)28.10
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)8.765.483.29
Cash Retained (M)28.1028.1028.10
(-) Cash Required (M)-8.76-5.48-3.29
(=) Excess Retained (M)19.3422.6324.82
(/) Shares Outstanding (M)355.19355.19355.19
(=) Excess Retained per Share0.050.060.07
LTM Dividend per Share0.040.040.04
(+) Excess Retained per Share0.050.060.07
(=) Adjusted Dividend0.100.110.11
WACC / Discount Rate7.23%7.23%7.23%
Growth Rate5.50%6.50%7.50%
Fair Value$6.02$15.79$24.53
Upside / Downside1,056.38%2,930.30%4,608.85%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)43.8246.6649.7052.9356.3760.0361.83
Payout Ratio35.86%46.69%57.52%68.34%79.17%90.00%92.50%
Projected Dividends (M)15.7121.7928.5836.1744.6354.0357.20

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.23%7.23%7.23%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)20.1320.3220.51
Year 2 PV (M)24.4024.8625.33
Year 3 PV (M)28.5229.3430.17
Year 4 PV (M)32.5133.7635.04
Year 5 PV (M)36.3638.1139.94
PV of Terminal Value (M)910.30954.26999.91
Equity Value (M)1,052.201,100.651,150.91
Shares Outstanding (M)355.19355.19355.19
Fair Value$2.96$3.10$3.24
Upside / Downside468.59%494.77%521.93%

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