Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

ITEQ Corporation (6213.TW)

Company Dividend Discount ModelIndustry: Hardware, Equipment & PartsSector: Technology

Valuation Snapshot

Stable Growth$22.52 - $32.23$27.28
Multi-Stage$58.20 - $64.20$61.14
Blended Fair Value$44.21
Current Price$87.20
Upside-49.30%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-13.91%-2.76%1.503.005.284.594.593.182.592.091.341.05
YoY Growth---50.00%-43.13%15.02%0.00%44.61%22.58%24.00%56.25%27.04%-47.02%
Dividend Yield--2.39%2.81%6.75%3.83%3.43%2.43%3.07%3.03%3.08%3.78%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,225.18
(-) Cash Dividends Paid (M)544.44
(=) Cash Retained (M)680.75
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)245.04153.1591.89
Cash Retained (M)680.75680.75680.75
(-) Cash Required (M)-245.04-153.15-91.89
(=) Excess Retained (M)435.71527.60588.86
(/) Shares Outstanding (M)362.47362.47362.47
(=) Excess Retained per Share1.201.461.62
LTM Dividend per Share1.501.501.50
(+) Excess Retained per Share1.201.461.62
(=) Adjusted Dividend2.702.963.13
WACC / Discount Rate6.68%6.68%6.68%
Growth Rate-4.76%-3.76%-2.76%
Fair Value$22.52$27.28$32.23
Upside / Downside-74.17%-68.72%-63.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,225.181,179.131,134.801,092.151,051.091,011.581,041.93
Payout Ratio44.44%53.55%62.66%71.77%80.89%90.00%92.50%
Projected Dividends (M)544.44631.42711.09783.89850.20910.42963.78

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.68%6.68%6.68%
Growth Rate-4.76%-3.76%-2.76%
Year 1 PV (M)585.76591.91598.06
Year 2 PV (M)611.97624.89637.94
Year 3 PV (M)625.83645.75666.09
Year 4 PV (M)629.69656.55684.27
Year 5 PV (M)625.53659.06694.02
PV of Terminal Value (M)18,018.3318,984.3419,991.34
Equity Value (M)21,097.1022,162.5023,271.72
Shares Outstanding (M)362.47362.47362.47
Fair Value$58.20$61.14$64.20
Upside / Downside-33.25%-29.88%-26.37%

High-Yield Dividend Screener

« Prev Page 12 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
SOThe Southern Company3.09%$2.6967.01%
CFRCullen/Frost Bankers, Inc.3.08%$3.9439.68%
CMSCMS Energy Corporation3.08%$2.1762.27%
SJWSJW Group3.08%$1.6052.08%
SNVSynovus Financial Corp.3.08%$1.5427.05%
0HCT.LAlliant Energy Corporation3.07%$1.9962.84%
0M3L.LZions Bancorporation, National Association3.07%$1.7931.01%
IVZInvesco Ltd.3.07%$0.8335.83%
SWXSouthwest Gas Holdings, Inc.3.07%$2.4638.44%
PEGPublic Service Enterprise Group Incorporated3.06%$2.4859.65%
CASSCass Information Systems, Inc.3.05%$1.2452.58%
CIVBCivista Bancshares, Inc.3.05%$0.6725.26%
TXNTexas Instruments Incorporated3.05%$5.4198.14%
CTRECareTrust REIT, Inc.3.04%$1.1089.62%
UCBUnited Community Banks, Inc.3.04%$0.9536.76%
DRIDarden Restaurants, Inc.3.03%$5.6860.69%
HMNHorace Mann Educators Corporation3.02%$1.3634.55%
VGVenture Global, Inc.3.02%$0.2124.09%
HFBLHome Federal Bancorp, Inc. of Louisiana3.01%$0.5435.96%
TOWNTowneBank3.01%$1.0045.24%
GBCIGlacier Bancorp, Inc.3.00%$1.3464.06%
MBWMMercantile Bank Corporation3.00%$1.4327.14%
PPLPPL Corporation3.00%$1.0571.70%
DTSQDT Cloud Star Acquisition Corporation2.99%$0.3287.02%
EBMTEagle Bancorp Montana, Inc.2.99%$0.5833.76%
INDBIndependent Bank Corp.2.99%$2.1935.86%
ESSAESSA Bancorp, Inc.2.98%$0.6139.75%
RDNRadian Group Inc.2.98%$1.0725.60%
0K0X.LMetLife, Inc.2.96%$2.3641.08%
CUBBCustomers Bancorp, Inc 5.375% S2.96%$0.6612.54%
HBBHamilton Beach Brands Holding Company2.96%$0.4720.02%
SDSandRidge Energy, Inc.2.96%$0.4424.38%
STRWStrawberry Fields REIT LLC2.95%$0.3870.76%
INGRIngredion Incorporated2.94%$3.2332.02%
JWNNordstrom, Inc.2.94%$0.7342.03%
PKBKParke Bancorp, Inc.2.94%$0.7125.08%
0JW2.LM&T Bank Corporation2.93%$5.9133.38%
EIGEmployers Holdings, Inc.2.93%$1.2648.48%
MYEMyers Industries, Inc.2.93%$0.5573.41%
RMRegional Management Corp.2.93%$1.1528.16%
HSYThe Hershey Company2.92%$5.3379.75%
STZConstellation Brands, Inc.2.92%$4.1259.24%
AROCArchrock, Inc.2.91%$0.7751.05%
JXNJackson Financial Inc.2.91%$3.1338.19%
OSPNOneSpan Inc.2.91%$0.3623.87%
0LC6.LSysco Corporation2.90%$2.1055.57%
EXEExpand Energy Corporation2.89%$3.1787.89%
PGThe Procter & Gamble Company2.89%$4.0959.50%
RESRPC, Inc.2.89%$0.1672.96%
0M1R.LXcel Energy Inc.2.88%$2.1665.69%