Post by
pulcan on Aug 20, 2024 8:55am
Morning Star rating is 3 stars for DF and fair value $6.98
hi all, new report out on DF stock and seems the fair value on the rating is $6.98! and under valued or discounted by 28%. Wow, so the numbers are out on the report as you can find this on your trading platform. I attached what i could below for your reading. Expect news and update on the quadravest site. This is the latest report from Aug.17 and seems management made some big changes to its holdings.
Business Description Dividend 15 Split Corp II is a Canadian based mutual fund corporation. The company invests in an actively managed portfolio of common shares, comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share. Valuation as of 17 Aug 2024 Morningstar affirms a 3-star quantitative rating for Dividend 15 Split Corp. We calculate this outcome using the company's underlying model-driven valuation and uncertainty scores. The stock's last closing price was 5.20, a discount of 28.04% to its Quantitative Fair Value estimate of 7.23. This discount has ranged between 68.05% and 24.65% over the past year. The stock's price to fair value ratio is at the 52nd percentile in our global equity coverage universe for this methodology and at the 36th percentile relative to its peers in the financial services sector. Dividend 15 Split Corp furthermore holds a Very High quantitative uncertainty rating. The company's quantitative star rating remains unchanged over the past year. The firm's uncertainty rating changed from Extreme to Very High after 07/ 30/2024. We examine the financials and market statistics for Dividend 15 Split Corp to determine these ratings. Its earnings yield is 27.69% and its annualized trailing 12-month volatility is 32.06%. These fall at the 95th and 47th percentiles in the equity universe and at the 95th and 67th in the financial services