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

Analysis Mode

Ticker

Industry

Sector

TECO Electric & Machinery Co., Ltd. (1504.TW)

Company Dividend Discount ModelIndustry: Industrial - MachinerySector: Industrials

Valuation Snapshot

Stable Growth$207.02 - $507.01$475.15
Multi-Stage$76.38 - $83.45$79.85
Blended Fair Value$277.50
Current Price$95.10
Upside191.80%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS23.00%8.51%2.361.521.371.170.910.840.820.840.761.04
YoY Growth--55.39%11.11%17.39%28.19%8.35%2.82%-2.27%10.00%-27.27%0.00%
Dividend Yield--4.82%2.70%3.22%3.63%2.81%3.48%3.85%3.38%2.46%3.98%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,380.34
(-) Cash Dividends Paid (M)4,729.66
(=) Cash Retained (M)650.67
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,076.07672.54403.53
Cash Retained (M)650.67650.67650.67
(-) Cash Required (M)-1,076.07-672.54-403.53
(=) Excess Retained (M)-425.39-21.87247.15
(/) Shares Outstanding (M)2,110.422,110.422,110.42
(=) Excess Retained per Share-0.20-0.010.12
LTM Dividend per Share2.242.242.24
(+) Excess Retained per Share-0.20-0.010.12
(=) Adjusted Dividend2.042.232.36
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate5.50%6.50%7.50%
Fair Value$207.02$475.15$507.01
Upside / Downside117.69%399.63%433.14%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,380.345,730.066,102.516,499.186,921.627,371.537,592.67
Payout Ratio87.91%88.33%88.74%89.16%89.58%90.00%92.50%
Projected Dividends (M)4,729.665,061.085,415.615,794.836,200.486,634.387,023.22

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.54%6.54%6.54%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)4,705.834,750.444,795.04
Year 2 PV (M)4,682.014,771.194,861.21
Year 3 PV (M)4,658.214,791.934,928.19
Year 4 PV (M)4,634.434,812.664,995.97
Year 5 PV (M)4,610.674,833.365,064.58
PV of Terminal Value (M)137,903.26144,564.04151,479.74
Equity Value (M)161,194.40168,523.61176,124.73
Shares Outstanding (M)2,110.422,110.422,110.42
Fair Value$76.38$79.85$83.45
Upside / Downside-19.68%-16.03%-12.25%

High-Yield Dividend Screener

« Prev Page 15 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
0R28.LNewmont Corporation2.49%$1.0115.53%
ETREntergy Corporation2.49%$2.3457.35%
NKENIKE, Inc.2.49%$1.5880.59%
OTTROtter Tail Corporation2.49%$2.0330.69%
FHNFirst Horizon Corporation2.48%$0.6034.42%
PWPPerella Weinberg Partners2.48%$0.4469.65%
SCSSteelcase Inc.2.48%$0.4050.05%
PBIPitney Bowes Inc.2.46%$0.2561.37%
RBCAARepublic Bancorp, Inc.2.45%$1.6725.85%
SRCE1st Source Corporation2.45%$1.5325.20%
TRMKTrustmark Corporation2.45%$0.9626.11%
VOYAVoya Financial, Inc.2.45%$1.8629.46%
AWKAmerican Water Works Company, Inc.2.44%$3.1855.85%
LSTRLandstar System, Inc.2.44%$3.5890.21%
NGLNGL Energy Partners LP2.44%$0.2424.52%
TCFCThe Community Financial Corporation2.44%$0.6612.72%
CADECadence Bank2.43%$1.0537.49%
JNJJohnson & Johnson2.43%$5.0448.70%
MBCNMiddlefield Banc Corp.2.43%$0.8342.36%
0L7G.LSnap-on Incorporated2.42%$8.4344.15%
ITWIllinois Tool Works Inc.2.42%$6.0458.20%
MOFGMidWestOne Financial Group, Inc.2.40%$0.9232.44%
FFINFirst Financial Bankshares, Inc.2.39%$0.7242.45%
ADPAutomatic Data Processing, Inc.2.38%$6.0359.30%
CALCaleres, Inc.2.38%$0.2946.21%
ABMABM Industries Incorporated2.37%$1.0154.79%
FUNCFirst United Corporation2.36%$0.8822.87%
HONHoneywell International Inc.2.36%$4.6348.21%
RILYKB. Riley Financial, Inc. 5.50% Senior Notes Due 20262.36%$0.5856.91%
CDWCDW Corporation2.35%$3.1439.31%
CHMGChemung Financial Corporation2.35%$1.2846.47%
LZBLa-Z-Boy Incorporated2.35%$0.8840.20%
PKGPackaging Corporation of America2.35%$4.9750.31%
UNPUnion Pacific Corporation2.35%$5.4445.77%
0K91.LNorthern Trust Corporation2.34%$3.2035.68%
MCDMcDonald's Corporation2.33%$7.0760.14%
MGEEMGE Energy, Inc.2.32%$1.8249.49%
MZTIThe Marzetti Company2.32%$3.8261.80%
UNMUnum Group2.32%$1.7933.52%
RILYMB. Riley Financial, Inc. - 6.372.31%$0.5856.91%
RILYOB. Riley Financial, Inc. - 6.752.31%$0.5856.91%
HONIVHoneywell International Inc. Common Stock Ex Distribution When Issued2.30%$4.6348.21%
PGRThe Progressive Corporation2.30%$4.8826.80%
WNEBWestern New England Bancorp, Inc.2.30%$0.2843.00%
0R23.LHalliburton Company2.29%$0.6844.61%
ADSBread Financial Holdings, Inc.2.29%$1.3021.08%
HLNEHamilton Lane Incorporated2.29%$3.1374.09%
BSVNBank7 Corp.2.28%$0.9420.81%
MCBCMacatawa Bank Corporation2.28%$0.3428.37%
BRKLBrookline Bancorp, Inc.2.27%$0.5461.06%