Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Te Chang Construction Co., Ltd. (5511.TWO)

Company Dividend Discount ModelIndustry: Engineering & ConstructionSector: Industrials

Valuation Snapshot

Stable Growth$234.53 - $859.41$391.89
Multi-Stage$151.99 - $165.96$158.85
Blended Fair Value$275.37
Current Price$61.40
Upside348.49%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022202120202019
DPS18.95%0.00%4.982.391.991.992.192.090.000.000.000.00
YoY Growth--108.33%20.00%0.00%-9.09%4.76%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--8.28%3.34%5.98%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)932.43
(-) Cash Dividends Paid (M)431.07
(=) Cash Retained (M)501.36
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)186.49116.5569.93
Cash Retained (M)501.36501.36501.36
(-) Cash Required (M)-186.49-116.55-69.93
(=) Excess Retained (M)314.87384.81431.43
(/) Shares Outstanding (M)113.83113.83113.83
(=) Excess Retained per Share2.773.383.79
LTM Dividend per Share3.793.793.79
(+) Excess Retained per Share2.773.383.79
(=) Adjusted Dividend6.557.177.58
WACC / Discount Rate8.45%8.45%8.45%
Growth Rate5.50%6.50%7.50%
Fair Value$234.53$391.89$859.41
Upside / Downside281.97%538.26%1,299.70%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)932.43993.041,057.591,126.331,199.541,277.511,315.84
Payout Ratio46.23%54.98%63.74%72.49%81.25%90.00%92.50%
Projected Dividends (M)431.07546.02674.09816.50974.581,149.761,217.15

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.45%8.45%8.45%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)498.76503.49508.22
Year 2 PV (M)562.45573.16583.98
Year 3 PV (M)622.31640.17658.38
Year 4 PV (M)678.50704.59731.43
Year 5 PV (M)731.17766.49803.16
PV of Terminal Value (M)14,208.2214,894.4815,607.01
Equity Value (M)17,301.4118,082.3918,892.16
Shares Outstanding (M)113.83113.83113.83
Fair Value$151.99$158.85$165.96
Upside / Downside147.54%158.71%170.30%

High-Yield Dividend Screener

« Prev Page 106 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
002860.SZHangzhou Star Shuaier Electric Appliance Co., Ltd.0.74%$0.1021.01%
300012.SZCentre Testing International Group Co. Ltd.0.74%$0.1017.11%
300773.SZLakala Payment Co., Ltd.0.74%$0.2192.60%
3931.HKCALB Group Co., Ltd.0.74%$0.1942.46%
601096.SSHsino Tower Group Co., Ltd.0.74%$0.0324.59%
603787.SSJiangsu Xinri E-Vehicle Co., Ltd.0.74%$0.1040.87%
688136.SSKexing Biopharm Co., Ltd.0.74%$0.2437.10%
688278.SSXiamen Amoytop Biotech Co., Ltd.0.74%$0.6226.86%
688662.SSGuangdong Fuxin Technology Co., Ltd.0.74%$0.3874.38%
COCE3.SACompanhia Energética do Ceará - Coelce0.74%$0.247.09%
NCAP.BKNext Capital Public Company Limited0.74%$0.025.72%
NELLY.STNelly Group AB (publ)0.74%$0.8317.00%
NVTnVent Electric plc0.74%$0.7921.51%
001211.SZSuncha Technology Co., Ltd.0.73%$0.1960.59%
002017.SZEastcompeace Technology Co.,ltd0.73%$0.1651.21%
013890.KSZinus, Inc0.73%$90.004.56%
1885.TTOA Corporation0.73%$20.599.57%
1946.TToenec Corporation0.73%$14.088.65%
2908.TFujicco Co., Ltd.0.73%$11.5229.03%
300173.SZFuneng Oriental Equipment Technology Co., Ltd.0.73%$0.0340.26%
300651.SZJiangsu Jinling Sports Equipment Co.,Ltd.0.73%$0.1566.40%
300979.SZHuali Industrial Group Company Limited0.73%$0.3712.53%
301538.SZShenzhen Jdd Tech New Material Co Ltd0.73%$0.5823.06%
600595.SSHenan Zhongfu Industrial Co.,Ltd0.73%$0.0617.73%
603396.SSYingkou Jinchen Machinery Co., Ltd.0.73%$0.2473.62%
6082.TRIDE ON EXPRESS HOLDINGS Co., Ltd.0.73%$7.4015.33%
688360.SSDamon Technology Group Co.,Ltd.0.73%$0.1634.20%
7532.TPan Pacific International Holdings Corporation0.73%$6.7722.42%
8014.TChori Co., Ltd.0.73%$30.097.62%
BBHI.JKPT Allo Bank Indonesia Tbk0.73%$10.7742.87%
002899.SZImpulse (Qingdao) Health Tech Co.,Ltd.0.72%$0.2039.54%
300371.SZHuizhong Instrumentation Co., Ltd.0.72%$0.0924.77%
300611.SZZhejiang Meili High Technology Co., Ltd.0.72%$0.2028.91%
301020.SZYantai Ishikawa Sealing Technology Co.,Ltd.0.72%$0.1626.27%
3163.TWOBrowave Corporation0.72%$3.0058.42%
4054.TNihon Jyoho Create Co.,Ltd.0.72%$5.0213.31%
600012.SSAnhui Expressway Company Limited0.72%$0.119.20%
600959.SSJiangsu Broadcasting Cable Information Network Corporation Limited0.72%$0.0227.08%
603103.SSHengdian Entertainment Co.,LTD0.72%$0.1282.51%
688513.SSChengdu Easton Biopharmaceuticals Co., Ltd.0.72%$0.4431.88%
BDGI.TOBadger Infrastructure Solutions Ltd.0.72%$0.5331.85%
ICICIBANK.BOICICI Bank Limited0.72%$9.7113.21%
LGT-B.TOLogistec Corporation0.72%$0.4823.59%
PTPP.JKPT PP (Persero) Tbk0.72%$2.995.54%
SSIA.JKPT Surya Semesta Internusa Tbk0.72%$11.9957.64%
SVIK.STStudsvik AB (publ)0.72%$2.0078.65%
WCNWaste Connections, Inc.0.72%$1.2652.24%
000737.SZNorth Copper (Shanxi) Co., Ltd.0.71%$0.1127.70%
0N2H.LLogistea AB (publ)0.71%$0.095.72%
1818.HKZhaojin Mining Industry Company Limited0.71%$0.2319.02%