Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Multisector Income Fund - Investor Class (ASIEX)

Company Dividend Discount ModelIndustry: Asset Management - IncomeSector: Financial Services

Valuation Snapshot

Stable Growth$2.03 - $2.80$2.42
Multi-Stage$4.80 - $5.28$5.03
Blended Fair Value$3.73
Current Price$8.69
Upside-57.13%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS0.00%-8.96%0.350.470.570.530.610.000.690.760.890.89
YoY Growth---25.01%-17.78%8.04%-13.49%0.00%-100.00%-8.76%-14.51%-0.67%-1.59%
Dividend Yield--4.08%5.35%5.88%5.09%6.09%0.00%7.05%7.72%9.56%9.03%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)4.06
(-) Cash Dividends Paid (M)3.92
(=) Cash Retained (M)0.14
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)0.810.510.30
Cash Retained (M)0.140.140.14
(-) Cash Required (M)-0.81-0.51-0.30
(=) Excess Retained (M)-0.68-0.37-0.17
(/) Shares Outstanding (M)11.0711.0711.07
(=) Excess Retained per Share-0.06-0.03-0.02
LTM Dividend per Share0.350.350.35
(+) Excess Retained per Share-0.06-0.03-0.02
(=) Adjusted Dividend0.290.320.34
WACC / Discount Rate7.87%7.87%7.87%
Growth Rate-5.77%-4.77%-3.77%
Fair Value$2.03$2.42$2.80
Upside / Downside-76.69%-72.20%-67.75%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)4.063.863.683.503.343.183.27
Payout Ratio96.64%95.31%93.98%92.66%91.33%90.00%92.50%
Projected Dividends (M)3.923.683.463.253.052.863.03

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.87%7.87%7.87%
Growth Rate-5.77%-4.77%-3.77%
Year 1 PV (M)3.383.413.45
Year 2 PV (M)2.912.973.03
Year 3 PV (M)2.512.592.67
Year 4 PV (M)2.162.252.35
Year 5 PV (M)1.861.962.06
PV of Terminal Value (M)40.3542.5444.82
Equity Value (M)53.1655.7258.38
Shares Outstanding (M)11.0711.0711.07
Fair Value$4.80$5.03$5.28
Upside / Downside-44.72%-42.06%-39.29%

High-Yield Dividend Screener

« Prev Page 125 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
688026.SSGuangzhou Jet Bio-Filtration Co., Ltd.0.26%$0.047.15%
DNA2.LDoric Nimrod Air Two Limited0.26%$0.3849.29%
ELMD3.SAEletromidia S.A.0.26%$0.0810.75%
RAMAries I Acquisition Corporation0.26%$0.032.44%
RCH.LReach plc0.26%$0.1550.77%
002134.SZTianjin Printronics Circuit Corporation0.25%$0.0790.82%
002397.SZHunan Mendale Hometextile Co.,Ltd0.25%$0.0124.35%
002598.SZShandong Zhangqiu Blower Co., Ltd0.25%$0.0326.26%
003026.SZZhejiang MTCN Technology Co.,Ltd.0.25%$0.0822.37%
0179.HKJohnson Electric Holdings Limited0.25%$0.0827.48%
089030.KQTechwing, Inc.0.25%$129.6353.52%
2025.HKRuifeng Power Group Company Limited0.25%$0.0363.69%
214450.KQPharmaResearch Co., Ltd.0.25%$1,064.218.14%
300001.SZQingdao TGOOD Electric Co., Ltd.0.25%$0.075.79%
300657.SZXiaMen HongXin Electron-tech Group Co.,Ltd0.25%$0.0735.33%
300827.SZSineng Electric Co.,Ltd.0.25%$0.0910.08%
301137.SZHIT Welding Industry Co.,Ltd0.25%$0.1243.22%
3784.TVinx Corp.0.25%$5.054.14%
600071.SSPhenix Optical Company Limited0.25%$0.0523.90%
600354.SSGansu Dunhuang Seed Group Co.,Ltd.0.25%$0.0212.13%
600664.SSHarbin Pharmaceutical Group Co., Ltd.0.25%$0.014.79%
CLARA.BOClara Industries Ltd.0.25%$0.1010.93%
CVCG.LCVC Income & Growth Limited0.25%$0.296.15%
FSVFirstService Corporation0.25%$0.378.84%
GWIND.ISGalata Wind Enerji A.S.0.25%$0.063.39%
PEGRO-PREF.STPegroco Invest AB (publ)0.25%$0.2816.49%
TKNO3.SATekno S.A. Industria e Comercio0.25%$0.513.56%
TNSE.MEPJSC Group of Companies TNS energo0.25%$9.230.48%
ULTP.LUltimate Products Plc0.25%$0.1473.00%
000688.SZGuoCheng Mining CO.,LTD0.24%$0.0725.58%
094170.KQDongwoon Anatech Co., Ltd.0.24%$69.4222.40%
300010.SZDoushen (Beijing) Education & Technology Inc.0.24%$0.0230.40%
300376.SZEast Group Co.,Ltd0.24%$0.0246.57%
300602.SZShenzhen FRD Science & Technology Co., Ltd.0.24%$0.0812.58%
300709.SZJiangsu Gian Technology Co., Ltd.0.24%$0.1212.56%
300830.SZJinXianDai Information Industry Co.,Ltd.0.24%$0.0279.01%
301571.SZTeemsun Technology Co Ltd0.24%$0.1412.94%
4666.TPARK24 Co., Ltd.0.24%$5.005.84%
600259.SSRising Nonferrous Metals Share Co.,Ltd.0.24%$0.1343.23%
600685.SSCSSC Offshore & Marine Engineering (Group) Company Limited0.24%$0.0711.62%
603083.SSCIG ShangHai Co., Ltd.0.24%$0.3231.70%
603357.SSAnhui Transport Consulting & Design Institute Co.,Ltd.0.24%$0.022.51%
688123.SSGiantec Semiconductor Corporation0.24%$0.3011.90%
688636.SSChengdu Zhimingda Electronics Co., Ltd.0.24%$0.1015.66%
688766.SSPuya Semiconductor (Shanghai) Co., Ltd.0.24%$0.3135.74%
AGIAlamos Gold Inc.0.24%$0.097.17%
ASLC.JKPT Autopedia Sukses Lestari Tbk0.24%$0.227.12%
ASRM.JKPT Asuransi Ramayana Tbk0.24%$0.788.15%
CLBCore Laboratories N.V.0.24%$0.045.94%
MOEX.MEPublic Joint-Stock Company Moscow Exchange MICEX-RTS0.24%$0.411.49%