Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Keppel DC REIT (AJBU.SI)

Company Dividend Discount ModelIndustry: REIT - OfficeSector: Real Estate

Valuation Snapshot

Stable Growth$8.84 - $32.09$27.85
Multi-Stage$4.11 - $4.50$4.30
Blended Fair Value$16.08
Current Price$2.33
Upside590.01%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.87%10.06%0.080.090.070.090.050.060.040.040.030.02
YoY Growth---12.93%19.60%-19.28%76.20%-18.39%54.22%13.30%23.88%85.98%-46.40%
Dividend Yield--3.52%5.05%3.56%3.69%1.84%3.04%2.78%2.56%2.49%1.54%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)326.15
(-) Cash Dividends Paid (M)166.94
(=) Cash Retained (M)159.21
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)65.2340.7724.46
Cash Retained (M)159.21159.21159.21
(-) Cash Required (M)-65.23-40.77-24.46
(=) Excess Retained (M)93.98118.44134.74
(/) Shares Outstanding (M)2,021.202,021.202,021.20
(=) Excess Retained per Share0.050.060.07
LTM Dividend per Share0.080.080.08
(+) Excess Retained per Share0.050.060.07
(=) Adjusted Dividend0.130.140.15
WACC / Discount Rate7.04%7.04%7.04%
Growth Rate5.50%6.50%7.50%
Fair Value$8.84$27.85$32.09
Upside / Downside279.58%1,095.39%1,277.30%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)326.15347.35369.92393.97419.58446.85460.25
Payout Ratio51.19%58.95%66.71%74.47%82.24%90.00%92.50%
Projected Dividends (M)166.94204.76246.78293.41345.05402.16425.73

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.04%7.04%7.04%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)189.49191.29193.09
Year 2 PV (M)211.36215.39219.45
Year 3 PV (M)232.56239.24246.04
Year 4 PV (M)253.11262.84272.85
Year 5 PV (M)273.02286.20299.89
PV of Terminal Value (M)7,154.137,499.687,858.45
Equity Value (M)8,313.688,694.649,089.78
Shares Outstanding (M)2,021.202,021.202,021.20
Fair Value$4.11$4.30$4.50
Upside / Downside76.53%84.62%93.01%

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%