Andrew Stolz

FEBRUARY 7, 2022

Massive dividend yield secured by strong cash generation. Radiant Opto-Electronics Corporation’s revenue breakdown 2020. Cash machine ensures consistent massive dividend yield. It consistently delivered strong FCFF that were more than sufficient to cover high dividends. Download the full report as a PDF.

Dividends 52

Dividends Net Debt EBIT Marketability 52

Valutico

NOVEMBER 28, 2022

billion with EBIT margin increasing to 16.6% The company already paid over CHF 100 million in settlement in this matter in 2020. . ABB performed particularly well in the COVID years 2020-2021, almost doubling its share price during this period. At this level the dividend yield is 2.8%. . Sales rose 5% to CHF 7.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Valutico

NOVEMBER 28, 2022

billion with EBIT margin increasing to 16.6% The company already paid over CHF 100 million in settlement in this matter in 2020. . ABB performed particularly well in the COVID years 2020-2021, almost doubling its share price during this period. At this level the dividend yield is 2.8%. . Sales rose 5% to CHF 7.1

Discounted Cash Flow 52

Discounted Cash Flow EBIT Market Capitalization Equity 52

Andrew Stolz

JANUARY 16, 2022

Share repurchases and dividends. The dividend yield could return to 5% in 2022. Strong operating cash flow allows the company to pay out dividends which are in line with its pre-pandemic policy. We expect that the dividend yield over the near-term to range between 5-6% like in 2019 and 2020. Advancing ESG issues.

Dividends 52

Dividends EBIT Marketability Business Valuation 52

Andrew Stolz

JANUARY 17, 2022

Value play with strong dividend growth potential. As a comparison, in 2020, Volvo delivered 4,500 trucks to China. Net assets have fallen in 2020 after selling UD truck segment to Isuzu Motors. In 2020, its net-debt to equity ratio stood at 0.9x. I expect dividend yield over the near-term to range between 2.5-3.5%.

Marketability 52

Marketability Dividends Net Debt Start-ups 52

Andrew Stolz

NOVEMBER 21, 2021

In 2020, the Japanese gov’t announced the intention to ban gasoline-powered cars by 2030. Operating cash flows were not able to cover investing activities in 2020 and 2021. The company pays out dividends on a consistent basis. Dividend payout ratio is almost constant around 30%. Cash flow – Toyota. Ratios – Toyota.

Dividends 52

Dividends EBIT Treasury Equity 52

Andrew Stolz

NOVEMBER 28, 2021

Tata will set up a new subsidiary in 2020, in its attempt to move forward EV. Given its losses over the past years, it did not pay out any dividends since 2016. We assume that there will be no dividends at least for the next 3 years. It will be a challenge for the company to drive its EBIT margin to the industry average of 7-9%.

Dividends 52

Dividends EBIT Equity Business Valuation 52