Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

BA Airport Leasehold Real Estate Investment Trust (BAREIT.BK)

Company Dividend Discount ModelIndustry: REIT - SpecialtySector: Real Estate

Valuation Snapshot

Stable Growth$6.37 - $9.32$7.79
Multi-Stage$11.86 - $12.99$12.42
Blended Fair Value$10.11
Current Price$9.35
Upside8.08%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR202420232022
DPS0.00%0.00%0.730.580.000.000.000.000.000.000.000.00
YoY Growth--26.75%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--7.94%5.73%0.00%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)871.36
(-) Cash Dividends Paid (M)778.88
(=) Cash Retained (M)92.48
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)174.27108.9265.35
Cash Retained (M)92.4892.4892.48
(-) Cash Required (M)-174.27-108.92-65.35
(=) Excess Retained (M)-81.79-16.4427.13
(/) Shares Outstanding (M)1,033.001,033.001,033.00
(=) Excess Retained per Share-0.08-0.020.03
LTM Dividend per Share0.750.750.75
(+) Excess Retained per Share-0.08-0.020.03
(=) Adjusted Dividend0.670.740.78
WACC / Discount Rate8.38%8.38%8.38%
Growth Rate-2.00%-1.00%0.00%
Fair Value$6.37$7.79$9.32
Upside / Downside-31.83%-16.65%-0.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)871.36862.65854.02845.48837.03828.66853.52
Payout Ratio89.39%89.51%89.63%89.75%89.88%90.00%92.50%
Projected Dividends (M)778.88772.15765.48758.86752.30745.79789.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate8.38%8.38%8.38%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)705.28712.47719.67
Year 2 PV (M)638.63651.73664.96
Year 3 PV (M)578.27596.16614.40
Year 4 PV (M)523.62545.32567.69
Year 5 PV (M)474.14498.83524.53
PV of Terminal Value (M)9,336.059,822.2010,328.39
Equity Value (M)12,255.9812,826.7013,419.65
Shares Outstanding (M)1,033.001,033.001,033.00
Fair Value$11.86$12.42$12.99
Upside / Downside26.89%32.80%38.94%

High-Yield Dividend Screener

« Prev Page 118 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
300046.SZTech Semiconductors Co., Ltd.0.42%$0.1554.07%
300633.SZSonoScape Medical Corp.0.42%$0.1171.26%
300784.SZNingbo Lian Technology Co Ltd0.42%$0.2118.81%
3848.HKHaosen Fintech Group Limited0.42%$0.0540.14%
603315.SSLiaoning Fu-An Heavy Industry Co.,Ltd0.42%$0.0743.72%
688116.SSJiangsu Cnano Technology Co., Ltd.0.42%$0.2027.70%
9031.TNishi-Nippon Railroad Co., Ltd.0.42%$11.733.17%
FTITechnipFMC plc0.42%$0.208.56%
OET.OLOkeanis Eco Tankers Corp.0.42%$1.3757.51%
000426.SZInner Mongolia Xingye Mining Co., Ltd.0.41%$0.1516.34%
000733.SZChina Zhenhua (Group) Science & Technology Co., Ltd0.41%$0.2212.62%
002558.SZGiant Network Group Co., Ltd.0.41%$0.1814.46%
011500.KSHannong Chemicals Inc.0.41%$59.2815.90%
060370.KSLS Marine Solution Co Ltd0.41%$119.8745.71%
131370.KQRSUPPORT Co., Ltd.0.41%$10.1720.12%
2059.TWKing Slide Works Co., Ltd.0.41%$14.1421.00%
2303.TDawn Corp.0.41%$10.087.82%
300813.SZZhejiang Tailin BioEngineering Co.,Ltd0.41%$0.1074.11%
300836.SZKunshan TopA Intelligent Equipment Co.,Ltd0.41%$0.2234.17%
300995.SZGuangdong Kitech New Material Holding Co.,Ltd.0.41%$0.1789.60%
5309.KLITMAX System Berhad0.41%$0.0222.92%
600783.SSLuxin Venture Capital Group Co., Ltd.0.41%$0.1043.43%
6151.TNitto Kohki Co., Ltd.0.41%$7.5127.44%
688668.SSDongguan Dingtong Precision Metal Co., Ltd.0.41%$0.5033.68%
688698.SSSuzhou Veichi Electric Co., Ltd.0.41%$0.4133.51%
9676.HKShiyue Daotian Group Co., Ltd.0.41%$0.0317.00%
DISAQ.BODisa India Limited0.41%$50.0015.15%
IBE.MCIberdrola, S.A.0.41%$0.088.79%
KPG.AXKelly Partners Group Holdings Limited0.41%$0.0312.00%
MOTHERSON.BOSamvardhana Motherson International Limited0.41%$0.5016.34%
NMMNavios Maritime Partners L.P.0.41%$0.212.32%
000962.SZNingxia Orient Tantalum Industry Co., Ltd.0.40%$0.1325.03%
001267.SZHui Lyu Ecological Technology Groups Co.,Ltd.0.40%$0.0975.27%
002144.SZHongda High-Tech Holding Co.,Ltd.0.40%$0.0540.68%
002201.SZJiangsu Jiuding New Material Co., Ltd.0.40%$0.0538.29%
002607.SZOffcn Education Technology Co., Ltd.0.40%$0.0162.99%
300637.SZYangfan New Materials (Zhejiang) Co., Ltd.0.40%$0.0592.86%
300751.SZSuzhou Maxwell Technologies Co., Ltd.0.40%$0.8227.62%
301007.SZDalian Demaishi Precision Technology Co., Ltd.0.40%$0.1648.95%
301536.SZSigmaStar Technology Ltd0.40%$0.2439.50%
4483.TJMDC Inc.0.40%$15.8214.01%
600318.SSAnhui Xinli Finance Co., Ltd.0.40%$0.0448.95%
603613.SSBeijing United Information Technology Co.,Ltd.0.40%$0.115.56%
603683.SSShanghai Smith Adhesive New Material Co., Ltd0.40%$0.1046.99%
6562.TGeniee, Inc.0.40%$4.165.26%
688117.SSChengDu ShengNuo Biotec Co.,Ltd.0.40%$0.1521.06%
9720.THotel Newgrand Co.,Ltd.0.40%$24.628.65%
BELE.STBeijer Electronics Group AB (publ)0.40%$0.506.68%
CORU.LCorticeira Amorim, S.G.P.S., S.A.0.40%$0.2943.39%
002843.SZBichamp Cutting Technology (Hunan) Co., Ltd.0.39%$0.0846.56%