Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Bank of Tianjin Co., Ltd. (1578.HK)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$11.48 - $18.32$14.58
Multi-Stage$20.56 - $22.63$21.58
Blended Fair Value$18.08
Current Price$2.26
Upside700.04%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.33%1.59%0.120.000.000.000.180.180.180.200.180.12
YoY Growth--3,015.19%4,254.34%-98.17%-97.26%0.79%-2.55%-9.06%13.61%51.10%12.65%
Dividend Yield--7.07%0.25%0.01%0.28%6.99%6.02%3.95%3.53%2.88%1.88%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)6,731.31
(-) Cash Dividends Paid (M)733.85
(=) Cash Retained (M)5,997.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,346.26841.41504.85
Cash Retained (M)5,997.475,997.475,997.47
(-) Cash Required (M)-1,346.26-841.41-504.85
(=) Excess Retained (M)4,651.205,156.055,492.62
(/) Shares Outstanding (M)6,070.556,070.556,070.55
(=) Excess Retained per Share0.770.850.90
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share0.770.850.90
(=) Adjusted Dividend0.890.971.03
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate-0.64%0.36%1.36%
Fair Value$11.48$14.58$18.32
Upside / Downside408.05%545.35%710.42%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)6,731.316,755.226,779.216,803.296,827.456,851.707,057.25
Payout Ratio10.90%26.72%42.54%58.36%74.18%90.00%92.50%
Projected Dividends (M)733.851,805.102,883.963,970.455,064.636,166.536,527.96

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate-0.64%0.36%1.36%
Year 1 PV (M)1,669.711,686.521,703.33
Year 2 PV (M)2,467.572,517.492,567.92
Year 3 PV (M)3,142.403,238.243,336.02
Year 4 PV (M)3,707.753,859.294,015.43
Year 5 PV (M)4,175.844,390.264,613.40
PV of Terminal Value (M)109,660.61115,291.44121,151.23
Equity Value (M)124,823.88130,983.24137,387.31
Shares Outstanding (M)6,070.556,070.556,070.55
Fair Value$20.56$21.58$22.63
Upside / Downside809.83%854.73%901.41%

High-Yield Dividend Screener

« Prev Page 16 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0ELV.LGuerbet S.A.7.06%$1.0131.15%
215000.KQGOLFZON Co., Ltd.7.05%$3,999.3763.09%
HLAG.DEHapag-Lloyd AG7.05%$8.2861.62%
XVALO.MCVale S.A.7.05%$0.8162.96%
0GN6.LArgan S.A.7.04%$4.6130.62%
RIGD.ILReliance Industries Limited7.04%$5.008.14%
600098.SSGuangzhou Development Group Incorporated7.03%$0.4669.93%
SORKON.BKS. Khonkaen Foods Public Company Limited7.03%$0.2571.33%
Z74.SISingapore Telecommunications Limited7.03%$0.3287.72%
603995.SSYongjin Technology Group Co., Ltd.7.02%$1.2769.10%
6671.TWSan Neng Group Holdings Co., Ltd.7.02%$2.5194.63%
KPN.ASKoninklijke KPN N.V.7.02%$0.2869.30%
NNCL.BKNava Nakorn Public Company Limited7.02%$0.1182.26%
TEGH.BKThai Eastern Group Holdings Public Company Limited7.02%$0.2137.13%
ASTAK.ATAlpha Real Estate S.a.7.01%$0.5252.38%
INETREIT.BKINET Freehold and Leasehold Real Estate Investment Trust7.01%$0.8045.08%
ABTG.MIAlfio Bardolla Training Group S.p.A.7.00%$0.1235.81%
MMB.PALagardere S.A.7.00%$1.3164.26%
0010.HKHang Lung Group Limited6.99%$1.0742.37%
0RP0.LTikehau Capital6.99%$1.1166.15%
1066.HKShandong Weigao Group Medical Polymer Company Limited6.99%$0.3541.33%
CAT31.PACaisse Regionale de Credit Agricole Mutuel Toulouse 316.99%$7.4918.27%
037710.KSGwangju Shinsegae. Co. ,Ltd.6.98%$2,199.7640.80%
AP-R.BKAP (Thailand) Public Company Limited6.98%$0.6040.92%
EASON.BKEason & Co Public Company Limited6.97%$0.0860.98%
KENKenon Holdings Ltd.6.97%$4.7154.85%
015860.KSILJIN Holdings Co., Ltd.6.96%$474.0952.60%
3808.HKSinotruk (Hong Kong) Limited6.96%$1.9343.31%
603801.SSZbom Home Collection Co.,Ltd6.96%$0.6494.30%
WOMF.JKPT Wahana Ottomitra Multiartha Tbk6.96%$22.5631.36%
601225.SSShaanxi Coal Industry Company Limited6.95%$1.4875.05%
LOG.MCLogista Integral, S.A.6.95%$2.0980.25%
VCX.AXVicinity Centres6.95%$0.1852.81%
0QME.LOrell Füssli AG6.94%$8.3058.10%
3470.TMarimo Regional Revitalization REIT, Inc.6.94%$7,579.0662.91%
ARROW.BKArrow Syndicate Public Company Limited6.93%$0.3569.42%
003690.KSKorean Reinsurance Company6.92%$797.5138.80%
3279.TActivia Properties Inc.6.92%$9,742.1289.07%
IL0A.IRPermanent TSB Group Holdings plc6.92%$0.1639.09%
S41.SIHong Leong Finance Limited6.92%$0.1875.53%
SECURITY.SNGrupo Security S.A.6.92%$23.1197.85%
2377.HKChina Boqi Environmental (Holding) Co., Ltd.6.91%$0.0712.31%
601991.SSDatang International Power Generation Co., Ltd.6.91%$0.2465.75%
ALPJT.PAPoujoulat S.A.6.91%$0.5236.16%
AZM.MIAzimut Holding S.p.A.6.91%$2.4771.18%
PPF.BKPinthong Industrial Park Property Fund6.91%$0.7581.09%
BOLSAA.MXBolsa Mexicana de Valores, S.A.B. de C.V.6.90%$2.5984.50%
HYDRA.ASHydratec Industries N.V.6.90%$12.0839.09%
0O6D.LMiquel y Costas & Miquel, S.A.6.89%$1.0041.40%
0QO6.LJulius Bär Gruppe AG6.89%$3.9199.57%