Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

Keck Seng Investments (Hong Kong) Limited (0184.HK)

Company Dividend Discount ModelIndustry: Travel LodgingSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$9.00 - $12.98$10.94
Multi-Stage$24.87 - $27.47$26.14
Blended Fair Value$18.54
Current Price$2.26
Upside720.40%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-3.46%-3.20%0.130.080.040.000.050.160.160.150.150.15
YoY Growth--62.50%100.00%0.00%-100.00%-70.97%-3.13%6.67%0.00%0.00%-16.67%
Dividend Yield--6.44%4.10%1.74%0.00%1.53%3.41%3.25%2.14%2.68%2.34%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)441.27
(-) Cash Dividends Paid (M)105.46
(=) Cash Retained (M)335.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)88.2555.1633.09
Cash Retained (M)335.80335.80335.80
(-) Cash Required (M)-88.25-55.16-33.09
(=) Excess Retained (M)247.55280.64302.71
(/) Shares Outstanding (M)340.20340.20340.20
(=) Excess Retained per Share0.730.820.89
LTM Dividend per Share0.310.310.31
(+) Excess Retained per Share0.730.820.89
(=) Adjusted Dividend1.041.131.20
WACC / Discount Rate6.26%6.26%6.26%
Growth Rate-4.73%-3.73%-2.73%
Fair Value$9.00$10.94$12.98
Upside / Downside298.10%384.04%474.54%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)441.27424.80408.94393.68378.99364.84375.79
Payout Ratio23.90%37.12%50.34%63.56%76.78%90.00%92.50%
Projected Dividends (M)105.46157.68205.86250.22290.99328.36347.60

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.26%6.26%6.26%
Growth Rate-4.73%-3.73%-2.73%
Year 1 PV (M)146.86148.40149.94
Year 2 PV (M)178.57182.34186.14
Year 3 PV (M)202.15208.58215.15
Year 4 PV (M)218.94228.28237.91
Year 5 PV (M)230.10242.43255.29
PV of Terminal Value (M)7,482.627,883.668,301.72
Equity Value (M)8,459.238,893.699,346.16
Shares Outstanding (M)340.20340.20340.20
Fair Value$24.87$26.14$27.47
Upside / Downside1,000.24%1,056.75%1,115.60%

High-Yield Dividend Screener

« Prev Page 10 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
ESPEspey Mfg. & Electronics Corp.3.53%$1.6554.01%
F-PCFord Motor Company 6% Notes due3.53%$0.7463.45%
TECTPTectonic Financial, Inc.3.53%$0.3879.28%
AMFCXAmerican Funds American Mutual Fund3.52%$2.0690.87%
CRCCalifornia Resources Corporation3.52%$1.6435.94%
FAFFirst American Financial Corporation3.51%$2.1446.13%
GICGlobal Industrial Company3.51%$1.0358.36%
0R0G.LMondelez International, Inc.3.50%$1.8969.92%
DCPDCP Midstream, LP3.50%$1.4634.00%
LWLamb Weston Holdings, Inc.3.50%$1.4870.35%
WSOWatsco, Inc.3.50%$12.1683.88%
0QYY.LHarley-Davidson, Inc.3.49%$0.7217.57%
LKFNLakeland Financial Corporation3.49%$1.9752.13%
TRSTTrustCo Bank Corp NY3.49%$1.4448.14%
OMCOmnicom Group Inc.3.47%$2.8341.26%
PROVProvident Financial Holdings, Inc.3.47%$0.5561.73%
UTLUnitil Corporation3.47%$1.7061.75%
BF-ABrown-Forman Corporation3.45%$0.9152.84%
COFSChoiceOne Financial Services, Inc.3.45%$1.0070.38%
FCBPFirst Choice Bancorp3.45%$1.0034.34%
NXSTNexstar Media Group, Inc.3.45%$7.2042.75%
STBAS&T Bancorp, Inc.3.45%$1.3529.75%
VABKVirginia National Bankshares Corporation3.45%$1.3755.94%
F-PBFord Motor Company 6.20% Notes3.44%$0.7463.45%
0K3B.LThe Mosaic Company3.43%$0.8722.53%
CPFCentral Pacific Financial Corp.3.43%$1.0743.87%
CTBICommunity Trust Bancorp, Inc.3.43%$1.9337.41%
IIINInsteel Industries, Inc.3.43%$1.1153.05%
JJSFJ&J Snack Foods Corp.3.43%$3.1192.62%
TMPTompkins Financial Corporation3.43%$2.4942.22%
ALRSAlerus Financial Corporation3.41%$0.7739.09%
CNXCConcentrix Corporation3.41%$1.4028.16%
FBPFirst BanCorp.3.41%$0.7134.06%
GLOClough Global Opportunities Fund3.41%$0.1915.90%
OPBKOP Bancorp3.41%$0.4830.19%
PHXPHX Minerals Inc.3.39%$0.1581.44%
WHGWestwood Holdings Group, Inc.3.39%$0.6073.76%
SCVLShoe Carnival, Inc.3.38%$0.5928.17%
OGSONE Gas, Inc.3.37%$2.6161.93%
VALUValue Line, Inc.3.36%$1.2555.36%
WTRGEssential Utilities, Inc.3.36%$1.3054.79%
AVNTAvient Corporation3.35%$1.0686.14%
KTBKontoor Brands, Inc.3.35%$2.0653.00%
VCTRVictory Capital Holdings, Inc.3.35%$2.1548.89%
WAFDWaFd, Inc.3.35%$1.0837.44%
PBProsperity Bancshares, Inc.3.34%$2.3241.44%
PFGPrincipal Financial Group, Inc.3.34%$2.9943.04%
EVBNEvans Bancorp, Inc.3.33%$1.3160.97%
NFYSEnphys Acquisition Corp.3.33%$0.3768.70%
KMPRKemper Corporation3.32%$1.3132.45%