Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Hang Seng Bank Limited (0011.HK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$134.63 - $199.18$165.52
Multi-Stage$260.37 - $285.46$272.67
Blended Fair Value$219.09
Current Price$117.60
Upside86.30%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-2.83%2.08%6.825.343.936.156.767.877.066.458.775.65
YoY Growth--27.53%35.92%-36.07%-8.95%-14.12%11.45%9.37%-26.44%55.36%1.82%
Dividend Yield--7.13%5.87%3.03%4.31%5.05%4.89%4.02%3.33%6.08%3.83%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)32,155.00
(-) Cash Dividends Paid (M)26,194.00
(=) Cash Retained (M)5,961.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)6,431.004,019.382,411.63
Cash Retained (M)5,961.005,961.005,961.00
(-) Cash Required (M)-6,431.00-4,019.38-2,411.63
(=) Excess Retained (M)-470.001,941.633,549.38
(/) Shares Outstanding (M)1,895.801,895.801,895.80
(=) Excess Retained per Share-0.251.021.87
LTM Dividend per Share13.8213.8213.82
(+) Excess Retained per Share-0.251.021.87
(=) Adjusted Dividend13.5714.8415.69
WACC / Discount Rate7.88%7.88%7.88%
Growth Rate-2.00%-1.00%0.00%
Fair Value$134.63$165.52$199.18
Upside / Downside14.48%40.75%69.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)32,155.0031,833.4531,515.1231,199.9630,887.9630,579.0931,496.46
Payout Ratio81.46%83.17%84.88%86.58%88.29%90.00%92.50%
Projected Dividends (M)26,194.0026,475.6726,749.0927,014.3927,271.7027,521.1829,134.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.88%7.88%7.88%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)24,294.6024,542.5024,790.41
Year 2 PV (M)22,523.4322,985.4323,452.13
Year 3 PV (M)20,872.9321,518.4422,177.12
Year 4 PV (M)19,335.8520,137.2320,963.27
Year 5 PV (M)17,905.2718,837.6419,808.45
PV of Terminal Value (M)388,669.94408,908.88429,982.29
Equity Value (M)493,602.01516,930.12541,173.67
Shares Outstanding (M)1,895.801,895.801,895.80
Fair Value$260.37$272.67$285.46
Upside / Downside121.40%131.86%142.74%

High-Yield Dividend Screener

« Prev Page 105 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688006.SSZhejiang HangKe Technology Incorporated Company0.77%$0.2340.60%
688106.SSSuzhou Jinhong Gas Co.,Ltd.0.77%$0.1567.86%
688665.SSCubic Sensor and Instrument Co., Ltd0.77%$0.3823.98%
7187.TJ-Lease Co.,Ltd.0.77%$11.208.80%
9879.HKMigao Group Holdings Limited0.77%$0.069.90%
AERAerCap Holdings N.V.0.77%$1.125.14%
BKL.AXBlackmores Limited0.77%$0.7337.39%
BORRBorr Drilling Limited0.77%$0.0312.72%
NTHOL.ISNet Holding A.S.0.77%$0.386.82%
OSWOneSpaWorld Holdings Limited0.77%$0.1622.40%
PAP.ATPapoutsanis S.A.0.77%$0.0313.39%
002444.SZHangzhou Greatstar Industrial Co., Ltd0.76%$0.2612.20%
002821.SZAsymchem Laboratories (Tianjin) Co., Ltd.0.76%$0.7124.14%
300174.SZFujian Yuanli Active Carbon Co.,Ltd.0.76%$0.1217.32%
300739.SZSunshine Global Circuits Co.,Ltd.0.76%$0.1496.29%
5457.TWOSpeed Tech Corp.0.76%$0.3212.63%
600223.SSLushang Freda Pharmaceutical Co., Ltd. Class A0.76%$0.0626.50%
600305.SSJiangsu Hengshun Vinegar-Industry Co.,Ltd0.76%$0.0644.11%
601689.SSNingbo Tuopu Group Co.,Ltd.0.76%$0.5937.35%
603276.SSJiangsu Hengxing New Material0.76%$0.1363.62%
603602.SSHangzhou Freely Communication Co., Ltd.0.76%$0.1187.04%
6037.TRakumachi,inc.0.76%$8.2614.70%
688518.SSShenzhen United Winners Laser Co., Ltd.0.76%$0.1935.43%
BIR-PA.TOBirchcliff Energy Ltd.0.76%$0.1970.83%
BNTBrookfield Wealth Solutions Ltd.0.76%$0.358.16%
GOTL-A.STRederiaktiebolaget Gotland (publ)0.76%$20.3159.62%
002700.KSShinil Electronics Co.,Ltd0.75%$9.9221.49%
019180.KSTHN Corporation0.75%$60.022.14%
1471.HKZhongmiao0.75%$0.1337.87%
2492.TInfomart Corporation0.75%$3.1644.10%
300176.SZGuangDong HongTeo Technology Co.,Ltd. Class A0.75%$0.0574.24%
300790.SZDongGuan YuTong Optical Technology Co.,Ltd.0.75%$0.2235.26%
300971.SZXiangyang BOYA Precision Industrial Equipments Co., Ltd0.75%$0.1829.36%
329180.KSHd Hyundai Heavy Industries Co., Ltd.0.75%$3,761.2225.83%
375500.KSDL E&C Co.,Ltd.0.75%$300.9316.73%
603538.SSNingbo Menovo Pharmaceutical Co., Ltd.0.75%$0.1434.15%
603698.SSChangzheng Engineering Co.,LTD0.75%$0.2979.72%
603979.SSJCHX Mining Management Co.,Ltd.0.75%$0.5716.95%
605128.SSShanghai Yanpu Metal Products Co.,Ltd0.75%$0.2837.61%
6693.HKChifeng Gold0.75%$0.2319.89%
7092.TFast Fitness Japan Incorporated0.75%$17.2313.99%
9072.TNIKKON Holdings Co.,Ltd.0.75%$25.5719.54%
9822.KLSAM Engineering & Equipment (M) Berhad0.75%$0.0322.52%
NZL.NZNew Zealand Rural Land Company Limited0.75%$0.013.51%
TOSK.JKTopindo Solusi Komunika Tbk.0.75%$0.4726.94%
WTON.JKPT Wijaya Karya Beton Tbk0.75%$0.7516.39%
000800.SZFAW Jiefang Group Co., Ltd0.74%$0.0539.16%
002101.SZGuangdong Hongtu Technology (holdings) Co.,Ltd.0.74%$0.0916.78%
002145.SZTinergy Chemical Co., Ltd.0.74%$0.0430.03%
002463.SZWus Printed Circuit (Kunshan) Co., Ltd.0.74%$0.5430.40%