Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Taiwan Fire & Marine Insurance Co., Ltd. (2832.TW)

Company Dividend Discount ModelIndustry: Insurance - Property & CasualtySector: Financial Services

Valuation Snapshot

Stable Growth$57.79 - $115.56$80.31
Multi-Stage$48.07 - $52.36$50.18
Blended Fair Value$65.24
Current Price$53.57
Upside21.79%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.63%1.64%1.421.090.821.201.090.981.200.981.310.99
YoY Growth--30.00%33.33%-31.82%10.00%11.11%-18.18%22.22%-25.00%32.74%-18.18%
Dividend Yield--4.22%4.12%3.95%5.80%4.88%5.35%5.98%4.77%6.89%4.61%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,108.58
(-) Cash Dividends Paid (M)724.40
(=) Cash Retained (M)384.18
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)221.72138.5783.14
Cash Retained (M)384.18384.18384.18
(-) Cash Required (M)-221.72-138.57-83.14
(=) Excess Retained (M)162.46245.60301.03
(/) Shares Outstanding (M)331.26331.26331.26
(=) Excess Retained per Share0.490.740.91
LTM Dividend per Share2.192.192.19
(+) Excess Retained per Share0.490.740.91
(=) Adjusted Dividend2.682.933.10
WACC / Discount Rate9.98%9.98%9.98%
Growth Rate5.11%6.11%7.11%
Fair Value$57.79$80.31$115.56
Upside / Downside7.89%49.91%115.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,108.581,176.361,248.281,324.601,405.581,491.521,536.27
Payout Ratio65.35%70.28%75.21%80.14%85.07%90.00%92.50%
Projected Dividends (M)724.40826.70938.791,061.511,195.721,342.371,421.05

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.98%9.98%9.98%
Growth Rate5.11%6.11%7.11%
Year 1 PV (M)744.57751.66758.74
Year 2 PV (M)761.54776.10790.79
Year 3 PV (M)775.54797.89820.66
Year 4 PV (M)786.82817.19848.43
Year 5 PV (M)795.57834.14874.19
PV of Terminal Value (M)12,060.2112,644.9113,252.06
Equity Value (M)15,924.2616,621.8817,344.88
Shares Outstanding (M)331.26331.26331.26
Fair Value$48.07$50.18$52.36
Upside / Downside-10.26%-6.33%-2.26%

High-Yield Dividend Screener

« Prev Page 117 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300953.SZNingbo Zhenyu Technology Co., Ltd.0.44%$0.7526.39%
301629.SZSidea Semiconductor Eqpmnt Shnzhn Co Ltd0.44%$0.9676.62%
301658.SZShenzhen SOFARSOLAR Co Ltd0.44%$0.1333.30%
600103.SSFujian Qingshan Paper Industry Co.,Ltd.0.44%$0.0264.49%
603053.SSChengdu Gas Group Corporation Ltd.0.44%$0.047.67%
688600.SSAnHui Wanyi Science and Technology Co., Ltd.0.44%$0.1119.32%
688626.SSXiangyu Medical Co.,Ltd0.44%$0.2756.22%
688639.SSAnhui Huaheng Biotechnology Co., Ltd.0.44%$0.1418.91%
AMBU-B.COAmbu A/S0.44%$0.3828.41%
BPII.JKPT Batavia Prosperindo Internasional Tbk0.44%$2.2217.32%
FCP.LSFutebol Clube do Porto - Futebol, S.A.D.0.44%$0.022.05%
KBHL.COKøbenhavns Lufthavne A/S0.44%$29.7620.97%
MPARK.ISMLP Saglik Hizmetleri A.S.0.44%$1.676.39%
002016.SZGuangdong Shirongzhaoye Co., Ltd.0.43%$0.0314.72%
002209.SZGuangzhou Tech-Long Packaging Machinery Co.,Ltd.0.43%$0.0710.41%
002284.SZZhejiang Asia-Pacific Mechanical & Electronic Co.,Ltd0.43%$0.0612.25%
041510.KQSM Entertainment Co., Ltd.0.43%$563.024.16%
047810.KSKorea Aerospace Industries, Ltd.0.43%$499.4835.55%
0NZY.LEckert & Ziegler Strahlen- und Medizintechnik AG0.43%$0.1726.23%
2418.HKDeewin Tianxia Co., Ltd0.43%$0.0468.23%
300341.SZMotic (Xiamen) Electric Group Co.,Ltd0.43%$0.0719.78%
300430.SZBeijing Chieftain Control Engineering Technology Co., Ltd.0.43%$0.0834.35%
300748.SZJL Mag Rare-Earth Co., Ltd.0.43%$0.1532.76%
300768.SZHangzhou DPtech Technologies Co.,Ltd.0.43%$0.0831.33%
300952.SZJiangsu Hanvo Safety Product Co., Ltd.0.43%$0.1730.16%
600570.SSHundsun Technologies Inc.0.43%$0.1323.49%
600644.SSLeshan Electric Power Co.,Ltd0.43%$0.0489.82%
600838.SSShanghai Join Buy Co.,Ltd.0.43%$0.0544.04%
601816.SSBeijing-Shanghai High-Speed Railway Co.,Ltd.0.43%$0.028.25%
603888.SSXinhuanet Co., Ltd.0.43%$0.0819.84%
603901.SSHangzhou Youngsun Intelligent Equipment Co., Ltd.0.43%$0.0643.84%
605208.SSShanghai Yongmaotai Automotive Technology Co., Ltd.0.43%$0.0637.04%
605288.SSChangZhou KAIDI Electrical Inc.0.43%$0.3961.87%
605298.SSJiangsu Bide Science and Technology Co., Ltd.0.43%$0.1740.89%
688398.SSFujian Supertech Advanced Material Co., Ltd.0.43%$0.0732.93%
688722.SSBeijing Tongyizhong New Material Technology Corporation0.43%$0.0813.41%
9545.SRInternational Human Resources Company0.43%$0.038.72%
CARERATING.BOCARE Ratings Limited0.43%$7.3214.43%
PTNMPitanium Limited0.43%$0.0439.07%
RRU.DERolls-Royce Holdings plc0.43%$0.066.75%
SUBC.OLSubsea 7 S.A.0.43%$0.8991.98%
TRGYO.ISTorunlar Gayrimenkul Yatirim Ortakligi AS0.43%$0.321.96%
000713.SZSDIC Fengle Seed Co., Ltd.0.42%$0.0333.87%
000948.SZYunnan Nantian Electronics Information Co.,Ltd.0.42%$0.0860.66%
002259.SZSichuan Shengda Forestry Industry Co., Ltd0.42%$0.0223.17%
002344.SZHaining China Leather Market Co.,Ltd0.42%$0.0233.20%
002399.SZShenzhen Hepalink Pharmaceutical Group Co., Ltd.0.42%$0.0517.39%
002670.SZGuosheng Securities Inc0.42%$0.0741.55%
003160.KSD.I Corporation0.42%$100.2218.13%
237690.KQST Pharm Co.,Ltd.0.42%$486.8627.31%