Definitive Analysis
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Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Wilson Bayly Holmes-Ovcon Limited (WBO.JO)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$1,272.72 - $6,756.44$2,301.07
Multi-Stage$3,621.24 - $4,001.47$3,807.54
Blended Fair Value$3,054.31
Current Price$184.65
Upside1,554.11%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS21.11%1.65%5.603.660.002.980.002.153.155.205.245.17
YoY Growth--52.71%0.00%-100.00%0.00%-100.00%-31.71%-39.49%-0.81%1.29%8.86%
Dividend Yield--3.03%2.22%0.00%3.68%0.00%2.13%2.91%3.48%3.74%4.11%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,209.83
(-) Cash Dividends Paid (M)684.18
(=) Cash Retained (M)1,525.65
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)441.97276.23165.74
Cash Retained (M)1,525.651,525.651,525.65
(-) Cash Required (M)-441.97-276.23-165.74
(=) Excess Retained (M)1,083.681,249.421,359.91
(/) Shares Outstanding (M)52.9452.9452.94
(=) Excess Retained per Share20.4723.6025.69
LTM Dividend per Share12.9212.9212.92
(+) Excess Retained per Share20.4723.6025.69
(=) Adjusted Dividend33.4036.5338.61
WACC / Discount Rate0.57%0.57%0.57%
Growth Rate-2.00%-1.00%0.00%
Fair Value$1,272.72$2,301.07$6,756.44
Upside / Downside589.26%1,146.18%3,559.05%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,209.832,187.732,165.852,144.192,122.752,101.532,164.57
Payout Ratio30.96%42.77%54.58%66.38%78.19%90.00%92.50%
Projected Dividends (M)684.18935.661,182.051,423.411,659.831,891.372,002.23

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate0.57%0.57%0.57%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)920.95930.34939.74
Year 2 PV (M)1,145.161,168.651,192.38
Year 3 PV (M)1,357.301,399.281,442.11
Year 4 PV (M)1,557.851,622.421,688.97
Year 5 PV (M)1,747.261,838.241,932.97
PV of Terminal Value (M)184,966.46194,598.09204,626.84
Equity Value (M)191,694.98201,557.02211,823.02
Shares Outstanding (M)52.9452.9452.94
Fair Value$3,621.24$3,807.54$4,001.47
Upside / Downside1,861.14%1,962.03%2,067.06%

High-Yield Dividend Screener

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