Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Wan Hwa Enterprise Company Ltd. (2701.TW)

Company Dividend Discount ModelIndustry: Real Estate - ServicesSector: Real Estate

Valuation Snapshot

Stable Growth$3.78 - $5.47$4.60
Multi-Stage$10.18 - $11.23$10.70
Blended Fair Value$7.65
Current Price$11.35
Upside-32.62%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-5.26%12.57%0.290.240.170.240.390.380.230.220.170.13
YoY Growth--22.55%39.92%-30.69%-37.00%1.94%68.24%3.01%32.84%30.25%42.75%
Dividend Yield--2.40%1.91%1.35%2.00%3.20%3.46%1.76%1.70%1.26%0.99%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)239.65
(-) Cash Dividends Paid (M)126.75
(=) Cash Retained (M)112.90
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)47.9329.9617.97
Cash Retained (M)112.90112.90112.90
(-) Cash Required (M)-47.93-29.96-17.97
(=) Excess Retained (M)64.9782.9494.93
(/) Shares Outstanding (M)445.00445.00445.00
(=) Excess Retained per Share0.150.190.21
LTM Dividend per Share0.280.280.28
(+) Excess Retained per Share0.150.190.21
(=) Adjusted Dividend0.430.470.50
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-4.46%-3.46%-2.46%
Fair Value$3.78$4.60$5.47
Upside / Downside-66.69%-59.47%-51.84%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)239.65231.35223.34215.60208.13200.92206.95
Payout Ratio52.89%60.31%67.73%75.16%82.58%90.00%92.50%
Projected Dividends (M)126.75139.53151.28162.04171.87180.83191.43

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.42%6.42%6.42%
Growth Rate-4.46%-3.46%-2.46%
Year 1 PV (M)129.75131.11132.47
Year 2 PV (M)130.81133.56136.34
Year 3 PV (M)130.29134.43138.65
Year 4 PV (M)128.51133.98139.62
Year 5 PV (M)125.73132.45139.46
PV of Terminal Value (M)3,886.434,094.134,310.62
Equity Value (M)4,531.524,759.664,997.15
Shares Outstanding (M)445.00445.00445.00
Fair Value$10.18$10.70$11.23
Upside / Downside-10.28%-5.76%-1.06%

High-Yield Dividend Screener

« Prev Page 13 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PCR.WAPCC Rokita S.A.7.82%$5.0595.33%
TQR.BKTQR Public Company Limited7.82%$0.3990.56%
KGI.BKKGI Securities (Thailand) Public Company Limited7.81%$0.3162.80%
PRDA.JKPT Prodia Widyahusada Tbk7.81%$180.5285.06%
AIMIRT.BKAIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust7.80%$0.8581.01%
AKRA.JKPT AKR Corporindo Tbk7.80%$99.8882.20%
SPREME.BKSupreme Distribution Public Company Limited7.80%$0.1190.62%
AYV.PAAyvens7.79%$0.9171.87%
1378.HKChina Hongqiao Group Limited7.78%$2.6556.89%
NRG.PANRJ Group S.A.7.78%$0.6363.81%
D2O.AXDuxton Water Limited7.77%$0.1250.68%
TVO-R.BKThai Vegetable Oil Public Company Limited7.77%$1.7462.11%
C38U.SICapitaLand Integrated Commercial Trust7.76%$0.1874.73%
002839.SZJiangsu Zhangjiagang Rural Commercial Bank Co., Ltd7.75%$0.3544.09%
0710.HKBOE Varitronix Limited7.75%$0.4239.15%
0951.HKChaowei Power Holdings Limited7.75%$0.1120.52%
1681.HKConsun Pharmaceutical Group Limited7.75%$1.2055.92%
AXA.DEAXA S.A.7.75%$3.1752.74%
RND.AXRand Mining Limited7.75%$0.2057.47%
601881.SSChina Galaxy Securities Co., Ltd.7.74%$1.2298.30%
TA1.DETelekom Austria AG7.74%$0.7679.04%
0746.HKLee & Man Chemical Company Limited7.73%$0.4035.48%
NESN.SWNestlé S.A.7.73%$6.0972.83%
2633.HKJacobson Pharma Corporation Limited7.72%$0.1036.63%
000498.SZShandong Hi-Speed Road and Bridge Group Co., Ltd.7.71%$0.4748.64%
0016.HKSun Hung Kai Properties Limited7.71%$7.4556.97%
0QKE.LVontobel Holding AG7.70%$4.4661.99%
HAEK.DEHaemato AG7.70%$1.6385.37%
2688.HKENN Energy Holdings Limited7.68%$5.3950.36%
ASIMAR.BKAsian Marine Services Public Company Limited7.68%$0.1260.54%
SAMS.PASamse S.A.7.68%$10.2556.16%
SEC.AXSpheria Emerging Companies Limited7.68%$0.2215.84%
UVAN.BKUnivanich Palm Oil Public Company Limited7.68%$1.0063.09%
JCT.BKJack Chia Industries (Thailand) Public Company Limited7.67%$6.4483.85%
KFL.NZKingfish Limited7.67%$0.1038.05%
ALRIB.PARiber S.A.7.65%$0.2771.18%
DXI.AXDexus Industria REIT7.65%$0.2117.56%
NISP.JKPT Bank OCBC NISP Tbk7.65%$106.0049.91%
SCG.AXScentre Group7.65%$0.3291.06%
002572.SZSuofeiya Home Collection Co., Ltd.7.62%$1.0488.29%
035000.KSHS Ad Inc.7.62%$648.8381.78%
JMT-R.BKJMT Network Services Public Company Limited7.62%$0.6769.23%
SQU.DEVinci S.A.7.62%$9.2455.99%
0QP2.LZurich Insurance Group AG7.61%$32.4879.70%
BAMI.MIBanco BPM S.p.A.7.61%$1.0080.93%
600795.SSGD Power Development Co.,Ltd7.60%$0.3892.13%
BTI.AXBailador Technology Investments Limited7.60%$0.0934.83%
SMPC.BKSahamitr Pressure Container Public Company Limited7.60%$0.6757.18%
0O33.LOeneo S.A.7.59%$0.7076.88%
BOREO.HEBoreo Oyj7.59%$1.0882.86%