Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

CTBC Financial Holding Co., Ltd. (2891.TW)

Company Dividend Discount ModelIndustry: Insurance - LifeSector: Financial Services

Valuation Snapshot

Stable Growth$122.95 - $667.38$223.08
Multi-Stage$75.92 - $82.86$79.33
Blended Fair Value$151.20
Current Price$42.90
Upside252.46%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS12.64%20.71%1.841.041.281.081.031.021.060.980.730.62
YoY Growth--76.93%-18.73%18.55%5.15%1.18%-3.91%8.22%33.33%18.16%121.07%
Dividend Yield--4.67%3.29%5.87%3.68%4.65%5.68%5.21%4.61%3.91%3.65%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)74,138.43
(-) Cash Dividends Paid (M)46,725.81
(=) Cash Retained (M)27,412.62
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)14,827.699,267.305,560.38
Cash Retained (M)27,412.6227,412.6227,412.62
(-) Cash Required (M)-14,827.69-9,267.30-5,560.38
(=) Excess Retained (M)12,584.9418,145.3221,852.24
(/) Shares Outstanding (M)19,923.3919,923.3919,923.39
(=) Excess Retained per Share0.630.911.10
LTM Dividend per Share2.352.352.35
(+) Excess Retained per Share0.630.911.10
(=) Adjusted Dividend2.983.263.44
WACC / Discount Rate8.05%8.05%8.05%
Growth Rate5.50%6.50%7.50%
Fair Value$122.95$223.08$667.38
Upside / Downside186.60%420.00%1,455.67%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)74,138.4378,957.4384,089.6689,555.4995,376.60101,576.08104,623.36
Payout Ratio63.03%68.42%73.82%79.21%84.61%90.00%92.50%
Projected Dividends (M)46,725.8154,022.7362,070.8370,936.9480,693.3991,418.4796,776.61

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.05%8.05%8.05%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)49,526.4049,995.8450,465.29
Year 2 PV (M)52,168.4653,162.1254,165.16
Year 3 PV (M)54,657.9256,226.9557,825.73
Year 4 PV (M)57,000.5259,192.6061,447.31
Year 5 PV (M)59,201.8262,061.2965,030.20
PV of Terminal Value (M)1,239,933.041,299,822.271,362,003.60
Equity Value (M)1,512,488.161,580,461.071,650,937.28
Shares Outstanding (M)19,923.3919,923.3919,923.39
Fair Value$75.92$79.33$82.86
Upside / Downside76.96%84.91%93.16%

High-Yield Dividend Screener

« Prev Page 100 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300389.SZShenzhen Absen Optoelectronic Co.,Ltd.0.92%$0.1530.03%
301130.SZJilin Province Xidian Pharmaceutical Sci-Tech Development Co.,Ltd0.92%$0.2651.19%
6168.HKZhou Liu Fu Jewellery Co., Ltd.0.92%$0.2612.52%
A2M.AXThe a2 Milk Company Limited0.92%$0.0818.59%
BSOFT.BOBirlasoft Limited0.92%$3.9624.09%
DFY.TODefinity Financial Corporation0.92%$0.6917.72%
ELTON.ATElton International Trading Company S.A.0.92%$0.0215.29%
PRY.MIPrysmian S.p.A.0.92%$0.8321.11%
SMKL.JKPT Satyamitra Kemas Lestari Tbk0.92%$1.6131.12%
TTTrane Technologies plc0.92%$3.6427.90%
001256.SZZhejiang Weigang Technology Co., Ltd.0.91%$0.2031.52%
002029.SZFujian Septwolves Industry Co., Ltd.0.91%$0.1014.96%
002106.SZShenzhen Laibao Hi-Tech Co., Ltd.0.91%$0.1023.71%
002732.SZGuangdong Yantang Dairy Co., Ltd.0.91%$0.1632.63%
002907.SZChongqing Pharscin Pharmaceutical Co., Ltd.0.91%$0.1475.56%
067830.KSSavezone I&C Corporation0.91%$29.9710.71%
300950.SZDoright Co.,Ltd.0.91%$0.2144.07%
301662.SZOngoal Technology Co., Ltd.0.91%$1.1069.65%
3291.TIida Group Holdings Co., Ltd.0.91%$22.8312.14%
601601.SSChina Pacific Insurance (Group) Co., Ltd.0.91%$0.386.97%
603859.SSNancal Technology Co.,Ltd0.91%$0.3839.03%
605339.SSNamchow Food Group (Shanghai) Co., Ltd.0.91%$0.1894.45%
7504.TKohsoku Corporation0.91%$27.0314.78%
AHLASPEN INSURANCE HOLDINGS LTD0.91%$0.346.83%
EPSIL.ATEpsilon Net S.A.0.91%$0.1116.81%
FCC.MCFomento de Construcciones y Contratas, S.A.0.91%$0.1019.61%
IFX.DEInfineon Technologies AG0.91%$0.3544.87%
MARE.MIMare Engineering Group S.p.A.0.91%$0.0429.31%
000590.KSCS Holdings Co., Ltd.0.90%$684.902.69%
002484.SZNantong Jianghai Capacitor Co. Ltd.0.90%$0.2732.53%
002733.SZShenzhen Center Power Tech. Co., Ltd0.90%$0.1878.92%
014680.KSHansol Chemical Co., Ltd.0.90%$2,160.7515.49%
025820.KSLeeku Industrial Co., Ltd.0.90%$50.4121.46%
2130.HKCN Logistics International Holdings Limited0.90%$0.0330.46%
300617.SZJiangsu Ankura Intelligent Power Co., Ltd.0.90%$0.2939.28%
300643.SZHamaton Automotive Technology Co., Ltd0.90%$0.1824.29%
300725.SZPharmaBlock Sciences (Nanjing), Inc.0.90%$0.3534.81%
300837.SZZhe Kuang Heavy Industry Co.,Ltd.0.90%$0.3178.86%
3318.HKChina Boton Group Company Limited0.90%$0.0218.28%
3476.KLKeck Seng (Malaysia) Berhad0.90%$0.058.85%
3588.TWLeadtrend Technology Corporation0.90%$0.4431.29%
JSPT.JKPT Jakarta Setiabudi Internasional Tbk0.90%$28.0325.39%
MAPI.JKPT. Mitra Adiperkasa Tbk0.90%$10.659.67%
SMBR.JKPT Semen Baturaja (Persero) Tbk0.90%$2.6010.77%
STNStantec Inc.0.90%$0.8722.17%
000159.SZXinjiang International Industry Co.,Ltd0.89%$0.0574.14%
001266.SZShanghai Smart Control Co., Ltd.0.89%$0.3584.46%
002250.SZLianhe Chemical Technology Co., Ltd.0.89%$0.1227.73%
002997.SZRayhoo Motor Dies Co.,Ltd.0.89%$0.3315.36%
003041.SZZhejiang Truelove Vogue Co., Ltd.0.89%$0.4927.94%