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Definitive Analysis

Financial Statements

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Sector

Page: Dividend Discount Model

Cairo Communication S.p.A.

Ticker: 0N7I.L | Industry: Advertising Agencies | Sector: Communication Services
Price Unavailable

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Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$6.55 - $9.50$7.88
Multi-Stage DDM$3.98 - $4.37$4.17
Blended Fair Value$6.02
Stock Price$1.80

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS0.2680.2320.2700.0400.0000.2320.1000.0500.1170.270
YoY %15.38%-14.05%572.22%0.00%-100.00%132.84%100.00%-57.32%-56.74%0.00%
Yield14.879%12.895%15.003%2.232%0.000%12.895%5.538%2.769%6.489%15.000%

CAGRValue
5 Year2.90%
10 Year-0.08%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth0.74% to 2.74%1.74%
WACC9.00%9.00%
Fair Value$6.55 - $9.50$7.88

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income45.2045.2045.20
(=) Cash Required9.045.653.39
Cash Retained45.2045.2045.20
(-) Cash Required-9.04-5.65-3.39
(=) Excess Retained36.1639.5541.81
(/) Shares Outstanding134,415,819134,415,819134,415,819
(=) Excess Retained per Share0.270.290.31
LTM Dividend per Share0.2680.2680.268
(+) Excess Retained per Share0.270.290.31
(=) Adjusted Dividend0.5370.5620.579

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income45.2045.9946.7947.6048.4349.27
Payout Ratio79.6%25.0%41.0%57.0%73.0%90.0%
Projected Dividends36.0011.5019.1827.1335.3544.35

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV10.9011.0111.12
Year 2 PV16.5316.8617.19
Year 3 PV21.2421.8722.53
Year 4 PV25.1426.1527.19
Year 5 PV28.6430.0931.60
TV PV432.59454.49477.27
Equity Value535.03560.47586.89
Fair Value$3.98$4.17$4.37
Stock Price$1.80$1.80$1.80

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