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Definitive Analysis

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Page: Dividend Discount Model

PJSC Krasnoyarskenergosbyt

Ticker: KRSB.ME | Industry: Regulated Electric | Sector: Utilities
$22.98 +0.24 (1.06%)
As of: 2026-01-23

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Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$60.86 - $92.33$74.97
Multi-Stage DDM$41.83 - $45.79$43.77
Blended Fair Value$59.37
Stock Price$21.90

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS1.5361.4531.0860.8300.7780.5840.6510.5690.9840.317
YoY %5.72%33.73%30.80%6.69%33.26%-10.27%14.32%-42.16%210.42%122,638.39%
Yield7.012%6.633%4.960%3.792%3.554%2.667%2.973%2.600%4.495%1.448%

CAGRValue
5 Year21.33%
10 Year138.45%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth2.24% to 4.24%3.24%
WACC10.00%10.00%
Fair Value$60.86 - $92.33$74.97

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income2,551.502,551.502,551.50
(=) Cash Required510.30318.94191.36
Cash Retained2,551.502,551.502,551.50
(-) Cash Required-510.30-318.94-191.36
(=) Excess Retained2,041.202,232.562,360.14
(/) Shares Outstanding662,313,915662,313,915662,313,915
(=) Excess Retained per Share3.083.373.56
LTM Dividend per Share1.5361.5361.536
(+) Excess Retained per Share3.083.373.56
(=) Adjusted Dividend4.6184.9075.099

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income2,551.502,634.182,719.542,807.672,898.652,992.58
Payout Ratio39.9%25.0%41.0%57.0%73.0%90.0%
Projected Dividends1,017.12658.551,115.011,600.372,116.012,693.32

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV621.82627.91633.99
Year 2 PV947.87966.51985.32
Year 3 PV1,224.851,261.141,298.14
Year 4 PV1,458.041,515.931,575.52
Year 5 PV1,670.821,754.141,840.76
TV PV21,779.2522,865.3923,994.44
Equity Value27,702.6528,991.0130,328.16
Fair Value$41.83$43.77$45.79
Stock Price$21.90$21.90$21.90

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