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

FocalTech Systems Co., Ltd. (3545.TW)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$40.23 - $73.68$54.06
Multi-Stage$52.43 - $57.48$54.91
Blended Fair Value$54.49
Current Price$66.10
Upside-17.57%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.68%-2.52%1.000.5015.713.230.690.690.690.880.980.60
YoY Growth--101.07%-96.82%385.71%366.67%0.00%0.00%-21.05%-10.49%63.26%-53.64%
Dividend Yield--1.51%0.53%20.27%2.22%0.38%1.71%1.97%1.93%1.70%1.50%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)599.30
(-) Cash Dividends Paid (M)217.15
(=) Cash Retained (M)382.15
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)119.8674.9144.95
Cash Retained (M)382.15382.15382.15
(-) Cash Required (M)-119.86-74.91-44.95
(=) Excess Retained (M)262.29307.23337.20
(/) Shares Outstanding (M)216.40216.40216.40
(=) Excess Retained per Share1.211.421.56
LTM Dividend per Share1.001.001.00
(+) Excess Retained per Share1.211.421.56
(=) Adjusted Dividend2.222.422.56
WACC / Discount Rate7.54%7.54%7.54%
Growth Rate1.93%2.93%3.93%
Fair Value$40.23$54.06$73.68
Upside / Downside-39.14%-18.21%11.47%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)599.30616.83634.87653.45672.56692.24713.01
Payout Ratio36.23%46.99%57.74%68.49%79.25%90.00%92.50%
Projected Dividends (M)217.15289.83366.58447.57532.99623.02659.53

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.54%7.54%7.54%
Growth Rate1.93%2.93%3.93%
Year 1 PV (M)266.90269.51272.13
Year 2 PV (M)310.86316.98323.17
Year 3 PV (M)349.50359.89370.48
Year 4 PV (M)383.26398.52414.24
Year 5 PV (M)412.55433.18454.64
PV of Terminal Value (M)9,622.0810,103.4510,603.89
Equity Value (M)11,345.1411,881.5512,438.56
Shares Outstanding (M)216.40216.40216.40
Fair Value$52.43$54.91$57.48
Upside / Downside-20.68%-16.93%-13.04%

High-Yield Dividend Screener

« Prev Page 14 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
UVSPUnivest Financial Corporation2.69%$0.8728.95%
VBTXVeritex Holdings, Inc.2.69%$0.8138.53%
CBTCabot Corporation2.68%$1.8029.00%
PKOHPark-Ohio Holdings Corp.2.68%$0.5633.19%
WINAWinmark Corporation2.68%$10.7696.24%
CHCOCity Holding Company2.67%$3.2036.27%
IDAIDACORP, Inc.2.67%$3.4058.98%
LFVNLifeVantage Corporation2.67%$0.1618.67%
MMM3M Company2.67%$4.3168.77%
MSEXMiddlesex Water Company2.67%$1.3456.69%
ONBOld National Bancorp2.67%$0.6035.48%
0HQU.LCF Industries Holdings, Inc.2.66%$2.0724.22%
MGYMagnolia Oil & Gas Corporation2.66%$0.6032.28%
PEBKPeoples Bancorp of North Carolina, Inc.2.66%$0.9530.99%
GSBCGreat Southern Bancorp, Inc.2.65%$1.6326.64%
HDThe Home Depot, Inc.2.65%$9.1562.39%
MVBFMVB Financial Corp.2.65%$0.6827.31%
PPGPPG Industries, Inc.2.65%$2.7662.85%
TWMIXAmerican Century Emerging Markets Investor Class2.64%$0.4076.80%
0M2A.LAdeia Inc.2.63%$0.3553.29%
ALLYAlly Financial Inc.2.63%$1.2059.56%
FRAFFranklin Financial Services Corporation2.63%$1.2836.88%
LEALear Corporation2.63%$3.1237.81%
VHIValhi, Inc.2.63%$0.3249.46%
FHIFederated Hermes, Inc.2.62%$1.3727.23%
MKCMcCormick & Company, Incorporated2.62%$1.7661.04%
SLBSLB N.V.2.62%$1.0542.94%
BAHBooz Allen Hamilton Holding Corporation2.61%$2.2233.15%
GILDGilead Sciences, Inc.2.61%$3.1849.10%
AWRAmerican States Water Company2.60%$1.8855.89%
CBANColony Bankcorp, Inc.2.59%$0.4628.75%
MDUMDU Resources Group, Inc.2.59%$0.5162.41%
PLBCPlumas Bancorp2.59%$1.1427.38%
CRD-ACrawford & Company2.58%$0.2843.18%
WBSWebster Financial Corporation2.57%$1.6429.21%
FANGDiamondback Energy, Inc.2.56%$3.9026.98%
JEFJefferies Financial Group Inc.2.56%$1.6349.77%
UNHUnitedHealth Group Incorporated2.56%$8.6044.61%
DOXAmdocs Limited2.55%$2.0439.68%
DVNDevon Energy Corporation2.55%$0.9622.55%
TGNATEGNA Inc.2.55%$0.4923.26%
CFFIC&F Financial Corporation2.54%$1.8022.24%
MTHMeritage Homes Corporation2.54%$1.6821.92%
DTMDT Midstream, Inc.2.52%$3.0477.42%
LEVILevi Strauss & Co.2.52%$0.5234.78%
NFGNational Fuel Gas Company2.52%$2.0736.34%
AMNBAmerican National Bankshares Inc.2.51%$1.2048.76%
HIMYXPioneer High Income Municipal Fund Class Y2.51%$0.1481.31%
ACNBACNB Corporation2.50%$1.1837.66%
FMBHFirst Mid Bancshares, Inc.2.50%$0.9626.52%