MiX Telematics Ltd. ADR (MIXT) Dividends

MIXT Price Forecast Based on Dividend Discount Model

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of MIXT, the DDM model generated by StockNews estimates a return of negative 12.37% in comparison to its current price. Digging deeper, the aspects of MiX Telematics Ltd's dividend discount model that we found most interesting were:

• Beta, a measure of volatility relative to the stock market overall, is lower for MiX Telematics Ltd than it is for 79.53% of other dividend issuers in the Technology sector.
• Based on dividend growth rate, MIXT boasts a higher growth rate in terms of its annual cash distributed to its owners than merely 12.05% of the dividend issuers in our set.
• In comparison to its fellow dividend issuing stocks in the Technology sector, MIXT's equity discount rate is less than 79.53% of those stocks.

MIXT Dividends vs. Peers