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Definitive Analysis

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Page: Dividend Discount Model

Atom Empreendimentos e Participações S.A.

Ticker: ATOM3.SA | Industry: Telecommunications Services | Sector: Communication Services
$2.92 -0.21 (-6.71%)
As of: 2025-01-13

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Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$7.10 - $13.06$9.20
Multi-Stage DDM$-0.27 - $-0.30$-0.29
Blended Fair Value$4.46
Stock Price$4.30

Dividend History (Last 10 Years)

Metric2023202220212020201920182017201620152014
DPS0.3160.0630.2630.0000.0000.0000.0000.0000.0000.000
YoY %400.85%-76.07%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Yield7.339%1.465%6.122%0.000%0.000%0.000%0.000%0.000%0.000%0.000%

CAGRValue
5 Year0.00%
10 Year0.00%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth5.50% to 7.50%6.50%
WACC9.93%9.93%
Fair Value$7.10 - $13.06$9.20

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income-0.52-0.52-0.52
(=) Cash Required-0.10-0.06-0.04
Cash Retained-0.52-0.52-0.52
(-) Cash Required--0.10--0.06--0.04
(=) Excess Retained-0.41-0.45-0.48
(/) Shares Outstanding23,805,00023,805,00023,805,000
(=) Excess Retained per Share-0.02-0.02-0.02
LTM Dividend per Share0.3160.3160.316
(+) Excess Retained per Share-0.02-0.02-0.02
(=) Adjusted Dividend0.2980.2970.296

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income-0.52-0.55-0.58-0.62-0.66-0.71
Payout Ratio-1,458.6%25.0%41.0%57.0%73.0%90.0%
Projected Dividends7.51-0.14-0.24-0.35-0.48-0.64

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV-0.13-0.13-0.13
Year 2 PV-0.20-0.21-0.21
Year 3 PV-0.27-0.28-0.29
Year 4 PV-0.33-0.35-0.36
Year 5 PV-0.40-0.41-0.43
TV PV-5.20-5.45-5.72
Equity Value-6.54-6.83-7.14
Fair Value$-0.27$-0.29$-0.30
Stock Price$4.30$4.30$4.30

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