Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

TOA Paint (Thailand) Public Company Limited (TOA.BK)

Company Dividend Discount ModelIndustry: Chemicals - SpecialtySector: Basic Materials

Valuation Snapshot

Stable Growth$12.38 - $19.22$15.55
Multi-Stage$16.20 - $17.72$16.95
Blended Fair Value$16.25
Current Price$13.60
Upside19.45%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS8.45%-1.30%0.630.590.450.590.550.420.360.763.290.76
YoY Growth--6.04%31.82%-23.12%5.98%31.71%17.14%-52.59%-77.04%331.55%6.33%
Dividend Yield--5.57%2.87%1.45%1.97%1.74%1.33%1.14%1.91%13.72%3.18%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)2,523.30
(-) Cash Dividends Paid (M)1,168.07
(=) Cash Retained (M)1,355.23
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)504.66315.41189.25
Cash Retained (M)1,355.231,355.231,355.23
(-) Cash Required (M)-504.66-315.41-189.25
(=) Excess Retained (M)850.571,039.821,165.98
(/) Shares Outstanding (M)1,981.031,981.031,981.03
(=) Excess Retained per Share0.430.520.59
LTM Dividend per Share0.590.590.59
(+) Excess Retained per Share0.430.520.59
(=) Adjusted Dividend1.021.111.18
WACC / Discount Rate9.48%9.48%9.48%
Growth Rate1.16%2.16%3.16%
Fair Value$12.38$15.55$19.22
Upside / Downside-8.94%14.31%41.32%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)2,523.302,577.832,633.532,690.432,748.572,807.962,892.20
Payout Ratio46.29%55.03%63.77%72.52%81.26%90.00%92.50%
Projected Dividends (M)1,168.071,418.661,679.531,951.012,233.442,527.172,675.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.48%9.48%9.48%
Growth Rate1.16%2.16%3.16%
Year 1 PV (M)1,283.071,295.761,308.44
Year 2 PV (M)1,373.841,401.131,428.70
Year 3 PV (M)1,443.391,486.611,530.70
Year 4 PV (M)1,494.421,554.391,616.15
Year 5 PV (M)1,529.341,606.441,686.62
PV of Terminal Value (M)24,965.8626,224.4727,533.33
Equity Value (M)32,089.9233,568.8135,103.94
Shares Outstanding (M)1,981.031,981.031,981.03
Fair Value$16.20$16.95$17.72
Upside / Downside19.11%24.60%30.29%

High-Yield Dividend Screener

« Prev Page 111 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
81299.HKAia-r0.60%$0.4443.34%
BNLI.JKPT Bank Permata Tbk0.60%$30.0029.63%
FFH.TOFairfax Financial Holdings Limited0.60%$15.517.53%
LFLO.JKPT Imago Mulia Persada Tbk0.60%$4.0028.31%
PATELSAI.BOPatels Airtemp (India) Limited0.60%$1.506.97%
RNRRenaissanceRe Holdings Ltd.0.60%$1.634.46%
000532.SZZhuhai Huajin Capital Co., Ltd.0.59%$0.1014.74%
002827.SZTibet GaoZheng Explosive Co., Ltd.0.59%$0.2237.58%
0780.HKTongcheng Travel Holdings Limited0.59%$0.1412.70%
2440.TGurunavi, Inc.0.59%$0.9658.64%
300167.SZShenzhen Division Co.,Ltd.0.59%$0.0377.39%
300241.SZShenzhen Refond Optoelectronics Co.,Ltd.0.59%$0.0359.54%
300927.SZNantong JiangTian Chemical Co., Ltd.0.59%$0.147.30%
600428.SSCOSCO SHIPPING Specialized Carriers Co.,Ltd.0.59%$0.046.88%
600629.SSArcplus Group PLC0.59%$0.1341.63%
688118.SSPrimeton Information Technologies, Inc.0.59%$0.1544.13%
7936.TASICS Corporation0.59%$22.0418.54%
9593.SRPan Gulf Marketing Co.0.59%$0.112.85%
000603.SZShengda Resources Co.,Ltd.0.58%$0.1823.98%
001239.SZXiangtan Yongda Mach Mnfg Co0.58%$0.0921.29%
002300.SZFujian Nanping Sun Cable Co., Ltd.0.58%$0.0547.47%
002492.SZZhuhai Winbase International Chemical Tank Terminal Co.,Ltd0.58%$0.0533.06%
002838.SZShandong Dawn Polymer Co.,Ltd.0.58%$0.1437.89%
301535.SZZhejiang Huayuan Auto Technology Co Ltd0.58%$0.1342.90%
600210.SSShanghai Zijiang Enterprise Group Co., Ltd.0.58%$0.045.20%
600218.SSAnhui Quanchai Engine Co., Ltd.0.58%$0.0628.92%
600628.SSShanghai New World Co., Ltd0.58%$0.0542.45%
601869.SSYangtze Optical Fibre And Cable Joint Stock Limited Company0.58%$0.6888.82%
601900.SSSouthern Publishing and Media Co.,Ltd.0.58%$0.086.09%
603093.SSNanhua Futures Co., Ltd.0.58%$0.1115.08%
6692.TWOAcmepoint Energy Services Co.,LTD0.58%$0.177.39%
8440.TWOE&E Recycling,Inc.0.58%$0.1481.09%
GSMF.JKPT Equity Development Investment Tbk0.58%$0.6523.23%
HUB.AXHUB24 Limited0.58%$0.5636.27%
MAPA.JKPT Map Aktif Adiperkasa Tbk0.58%$4.008.06%
SELEC.ISSelçuk Ecza Deposu Ticaret ve Sanayi A.S.0.58%$0.4632.67%
000400.KSLotte Non - Life Insurance Co., Ltd.0.57%$9.968.06%
003031.SZHebei Sinopack Electronic Technology Co.,Ltd.0.57%$0.4230.89%
300133.SZZhejiang Huace Film & TV Co., Ltd.0.57%$0.0535.19%
300687.SZGuangzhou Sie Consulting Co., Ltd.0.57%$0.1372.96%
300879.SZNingbo Daye Garden Machinery Co.,Ltd.0.57%$0.1728.45%
301188.SZShandong Linuo Technical Glass Co.,Ltd.0.57%$0.1050.00%
3141.TWelcia Holdings Co., Ltd.0.57%$18.1620.70%
3197.TSkylark Holdings Co., Ltd.0.57%$19.0725.19%
4577.TDaito Pharmaceutical Co.,Ltd.0.57%$7.7411.68%
600846.SSShanghai Tongji Science&Technology Industrial Co.,Ltd0.57%$0.0817.65%
601021.SSSpring Airlines Co., Ltd.0.57%$0.3416.50%
601208.SSSichuan Em Technology Co., Ltd.0.57%$0.1568.28%
603090.SSWuxi Hongsheng Heat Exchanger Manufacturing Co., Ltd.0.57%$0.3147.68%
PRINC.BKPrincipal Capital Public Company Limited0.57%$0.0113.01%