Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ICICI Bank Limited (ICICIBANK.BO)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$5,736.40 - $14,697.85$13,774.03
Multi-Stage$2,076.03 - $2,274.04$2,173.21
Blended Fair Value$7,973.62
Current Price$1,348.00
Upside491.52%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS51.36%8.61%9.767.764.821.920.001.231.622.384.754.79
YoY Growth--25.77%60.90%151.18%0.00%-100.00%-24.17%-31.89%-49.87%-0.85%11.95%
Dividend Yield--0.68%0.64%0.52%0.27%0.00%0.35%0.37%0.86%1.64%2.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)533,002.50
(-) Cash Dividends Paid (M)70,412.70
(=) Cash Retained (M)462,589.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)106,600.5066,625.3139,975.19
Cash Retained (M)462,589.80462,589.80462,589.80
(-) Cash Required (M)-106,600.50-66,625.31-39,975.19
(=) Excess Retained (M)355,989.30395,964.49422,614.61
(/) Shares Outstanding (M)7,212.007,212.007,212.00
(=) Excess Retained per Share49.3654.9058.60
LTM Dividend per Share9.769.769.76
(+) Excess Retained per Share49.3654.9058.60
(=) Adjusted Dividend59.1264.6768.36
WACC / Discount Rate6.59%6.59%6.59%
Growth Rate5.50%6.50%7.50%
Fair Value$5,736.40$13,774.03$14,697.85
Upside / Downside325.55%921.81%990.34%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)533,002.50567,647.66604,544.76643,840.17685,689.78730,259.62752,167.41
Payout Ratio13.21%28.57%43.93%59.28%74.64%90.00%92.50%
Projected Dividends (M)70,412.70162,168.20265,554.42381,695.69511,813.36657,233.66695,754.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.59%6.59%6.59%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)150,717.20152,145.80153,574.40
Year 2 PV (M)229,375.89233,744.86238,155.04
Year 3 PV (M)306,414.00315,210.04324,172.83
Year 4 PV (M)381,856.40396,541.52411,646.19
Year 5 PV (M)455,727.64477,739.46500,593.72
PV of Terminal Value (M)13,448,255.5514,097,811.3214,772,227.12
Equity Value (M)14,972,346.6815,673,193.0016,400,369.30
Shares Outstanding (M)7,212.007,212.007,212.00
Fair Value$2,076.03$2,173.21$2,274.04
Upside / Downside54.01%61.22%68.70%

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%