Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Thai Metal Drum Manufacturing Public Company Limited (TMD.BK)

Company Dividend Discount ModelIndustry: Packaging & ContainersSector: Consumer Cyclical

Valuation Snapshot

Stable Growth$12.92 - $17.82$15.39
Multi-Stage$22.82 - $24.97$23.87
Blended Fair Value$19.63
Current Price$25.00
Upside-21.48%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-6.32%15.28%1.661.601.671.460.602.301.201.201.101.00
YoY Growth--3.67%-3.92%13.96%141.94%-73.73%91.61%0.00%9.09%10.00%150.00%
Dividend Yield--6.85%6.69%6.94%5.87%2.63%10.31%5.45%5.74%4.95%5.13%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)350.85
(-) Cash Dividends Paid (M)265.10
(=) Cash Retained (M)85.75
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)70.1743.8626.31
Cash Retained (M)85.7585.7585.75
(-) Cash Required (M)-70.17-43.86-26.31
(=) Excess Retained (M)15.5841.9059.44
(/) Shares Outstanding (M)150.00150.00150.00
(=) Excess Retained per Share0.100.280.40
LTM Dividend per Share1.771.771.77
(+) Excess Retained per Share0.100.280.40
(=) Adjusted Dividend1.872.052.16
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate-3.91%-2.91%-1.91%
Fair Value$12.92$15.39$17.82
Upside / Downside-48.30%-38.44%-28.73%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)350.85340.64330.72321.09311.74302.66311.74
Payout Ratio75.56%78.45%81.34%84.22%87.11%90.00%92.50%
Projected Dividends (M)265.10267.22268.99270.43271.56272.40288.36

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate10.00%10.00%10.00%
Growth Rate-3.91%-2.91%-1.91%
Year 1 PV (M)240.43242.93245.43
Year 2 PV (M)217.75222.31226.91
Year 3 PV (M)196.97203.18209.52
Year 4 PV (M)177.96185.48193.24
Year 5 PV (M)160.60169.14178.03
PV of Terminal Value (M)2,428.832,557.872,692.34
Equity Value (M)3,422.533,580.903,745.48
Shares Outstanding (M)150.00150.00150.00
Fair Value$22.82$23.87$24.97
Upside / Downside-8.73%-4.51%-0.12%

High-Yield Dividend Screener

« Prev Page 113 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300201.SZXuzhou Handler Special Vehicle Co., Ltd0.54%$0.0413.64%
300254.SZShanXi C&Y Pharmaceutical Group Co., Ltd.0.54%$0.0666.26%
300618.SZNanjing Hanrui Cobalt Co.,Ltd.0.54%$0.2427.60%
300777.SZSinofibers Technology Co.,Ltd.0.54%$0.2223.25%
300835.SZSinomag Technology Co., Ltd.0.54%$0.3527.98%
300965.SZBeijing Hengyu Datacom Aviation Equipment co., Ltd.0.54%$0.3868.61%
301596.SZReach Machinery Co Ltd0.54%$0.4330.79%
5432.TWOSolomon Data International Corporation0.54%$1.0070.10%
5TP.SICNMC Goldmine Holdings Limited0.54%$0.0112.36%
600166.SSBeiqi Foton Motor Co., Ltd.0.54%$0.0216.31%
600171.SSShanghai Belling Co., Ltd.0.54%$0.1733.39%
600459.SSSino-Platinum Metals Co.,Ltd0.54%$0.1012.03%
600741.SSHUAYU Automotive Systems Company Limited0.54%$0.114.97%
600819.SSShanghai Yaohua Pilkington Glass Group Co., Ltd.0.54%$0.0428.59%
600906.SSCaida Securities Co., Ltd.0.54%$0.0411.87%
603949.SSXuelong Group Co.,Ltd0.54%$0.1027.46%
HMM-A.TOHammond Manufacturing Company Limited0.54%$0.063.93%
WPMWheaton Precious Metals Corp.0.54%$0.6429.16%
000525.SZNanjing Red Sun Co.,Ltd.0.53%$0.0341.59%
002481.SZYantai Shuangta Food Co., Ltd.0.53%$0.0350.34%
002590.SZZhejiang VIE Science & Technology Co., Ltd.0.53%$0.0819.59%
0069.HKShangri-La Asia Limited0.53%$0.0333.68%
010620.KSHd Hyundai Mipo Co. Ltd.0.53%$1,189.7714.34%
1299.HKAIA Group Limited0.53%$0.4443.34%
300580.SZWuxi Best Precision Machinery Co., Ltd.0.53%$0.1423.35%
301163.SZJiangsu Hongde Special Parts Co.,Ltd.0.53%$0.1432.32%
4916.TWParpro Corporation0.53%$0.3121.99%
600759.SSGeo-Jade Petroleum Corporation0.53%$0.0215.23%
6701.TNEC Corporation0.53%$28.0315.93%
688127.SSZhejiang Lante Optics Co., Ltd.0.53%$0.2026.44%
688608.SSBestechnic (Shanghai) Co., Ltd.0.53%$1.1930.21%
002333.SZZYF Lopsking Aluminum Co., Ltd.0.52%$0.0339.44%
120030.KSCHOSUN WELDING POHANG Co., Ltd0.52%$506.373.69%
1250.HKShandong Hi-Speed New Energy Group Limited0.52%$0.013.33%
267270.KSHyundai Construction Equipment Co., Ltd.0.52%$507.929.77%
294570.KQCOOCON Corporation0.52%$150.375.17%
300145.SZNanfang Pump Industry Co., Ltd. Class A0.52%$0.0218.75%
300236.SZShanghai Sinyang Semiconductor Materials Co., Ltd.0.52%$0.3339.76%
301165.SZRuijie Networks Co., Ltd.0.52%$0.4643.33%
3CP.FXiaomi Corporation0.52%$0.024.20%
5398.KLGamuda Berhad0.52%$0.0315.33%
600521.SSZhejiang Huahai Pharmaceutical Co., Ltd.0.52%$0.0928.05%
601880.SSLiaoning Port Co., Ltd.0.52%$0.0113.15%
605300.SSJiahe Foods Industry Co., Ltd.0.52%$0.0698.92%
8095.HKBeijing Beida Jade Bird Universal Sci-Tech Company Limited0.52%$0.0112.52%
WTC.AXWiseTech Global Limited0.52%$0.3620.57%
000631.SZShunfa Hengye Corporation0.51%$0.0238.02%
000768.SZAVIC Xi'an Aircraft Industry Group Company Ltd.0.51%$0.1333.44%
000936.SZJiangsu Huaxicun Co.,Ltd.0.51%$0.0411.81%
002023.SZSichuan Haite High-tech Co., Ltd.0.51%$0.0740.25%