Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

Far Eastern International Bank Ltd. (2845.TW)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$35.21 - $172.16$75.05
Multi-Stage$21.74 - $23.78$22.74
Blended Fair Value$48.90
Current Price$12.11
Upside303.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.96%11.69%0.470.380.350.260.360.340.320.300.280.26
YoY Growth--23.75%10.13%34.42%-28.43%6.76%5.28%6.93%7.70%5.99%67.90%
Dividend Yield--3.77%2.98%3.51%2.47%4.01%4.10%3.59%3.94%3.84%3.70%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)3,777.88
(-) Cash Dividends Paid (M)2,059.16
(=) Cash Retained (M)1,718.72
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)755.58472.23283.34
Cash Retained (M)1,718.721,718.721,718.72
(-) Cash Required (M)-755.58-472.23-283.34
(=) Excess Retained (M)963.141,246.481,435.38
(/) Shares Outstanding (M)4,341.994,341.994,341.99
(=) Excess Retained per Share0.220.290.33
LTM Dividend per Share0.470.470.47
(+) Excess Retained per Share0.220.290.33
(=) Adjusted Dividend0.700.760.80
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate4.96%5.96%6.96%
Fair Value$35.21$75.05$172.16
Upside / Downside190.75%519.73%1,321.65%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)3,777.884,002.914,241.354,493.994,761.675,045.315,196.67
Payout Ratio54.51%61.60%68.70%75.80%82.90%90.00%92.50%
Projected Dividends (M)2,059.162,465.982,913.953,406.543,947.484,540.784,806.92

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate4.96%5.96%6.96%
Year 1 PV (M)2,282.232,303.972,325.72
Year 2 PV (M)2,495.882,543.662,591.90
Year 3 PV (M)2,700.382,778.312,857.71
Year 4 PV (M)2,896.023,007.983,123.15
Year 5 PV (M)3,083.063,232.763,388.22
PV of Terminal Value (M)80,957.6684,888.5788,970.72
Equity Value (M)94,415.2398,755.25103,257.42
Shares Outstanding (M)4,341.994,341.994,341.99
Fair Value$21.74$22.74$23.78
Upside / Downside79.56%87.81%96.38%

High-Yield Dividend Screener

« Prev Page 16 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
HWBKHawthorn Bancshares, Inc.2.27%$0.7724.18%
UTMDUtah Medical Products, Inc.2.27%$1.2835.35%
DKSDICK'S Sporting Goods, Inc.2.26%$4.5238.61%
EMLThe Eastern Company2.26%$0.4437.05%
SBCFSeacoast Banking Corporation of Florida2.26%$0.7143.09%
WMKWeis Markets, Inc.2.26%$1.4535.88%
0JYA.LMarathon Petroleum Corporation2.25%$3.7274.60%
FSBCFive Star Bancorp2.25%$0.8029.79%
IBMInternational Business Machines Corporation2.25%$6.5678.75%
0KYZ.LSBA Communications Corporation2.24%$4.3254.40%
BPOPPopular, Inc.2.24%$2.8224.06%
MFINMedallion Financial Corp.2.24%$0.2312.50%
MSMorgan Stanley2.24%$4.0740.12%
FXNCFirst National Corporation2.23%$0.5586.28%
BACBank of America Corporation2.22%$1.2431.97%
SSBSouthState Corporation2.22%$2.0930.58%
VLGEAVillage Super Market, Inc.2.22%$0.7720.42%
WWWWolverine World Wide, Inc.2.22%$0.4137.79%
CCBGCapital City Bank Group, Inc.2.21%$0.9326.22%
CGThe Carlyle Group Inc.2.20%$1.3476.25%
NHINational Health Investors, Inc.2.20%$1.6954.58%
VNOVornado Realty Trust2.20%$0.7315.58%
BANCBanc of California, Inc.2.19%$0.4332.44%
EBTCEnterprise Bancorp, Inc.2.19%$0.8726.66%
RHPRyman Hospitality Properties, Inc.2.19%$2.0957.31%
CDPCOPT Defense Properties2.18%$0.6045.15%
FDSFactSet Research Systems Inc.2.18%$6.2039.64%
ISBAIsabella Bank Corporation2.18%$1.1044.52%
WHWyndham Hotels & Resorts, Inc.2.18%$1.6437.28%
EFSCEnterprise Financial Services Corp2.17%$1.1722.34%
ETHGrayscale Ethereum Mini Trust2.17%$0.6434.57%
SEMSelect Medical Holdings Corporation2.17%$0.3236.19%
BFSTBusiness First Bancshares, Inc.2.16%$0.5620.21%
CWBCCommunity West Bancshares2.16%$0.4826.89%
EHTHeHealth, Inc.2.16%$0.095.60%
TPLTexas Pacific Land Corporation2.16%$6.4231.02%
CBSHCommerce Bancshares, Inc.2.15%$1.1226.40%
COLMColumbia Sportswear Company2.15%$1.2035.55%
HTHHilltop Holdings Inc.2.15%$0.7328.46%
NATHNathan's Famous, Inc.2.15%$1.9835.76%
RCKYRocky Brands, Inc.2.15%$0.6222.50%
BDXBecton, Dickinson and Company2.14%$4.1771.28%
CICigna Corporation2.14%$5.9626.01%
FBIZFirst Business Financial Services, Inc.2.14%$1.1518.19%
JBSSJohn B. Sanfilippo & Son, Inc.2.14%$1.4926.50%
JNPRJuniper Networks, Inc.2.14%$0.8682.37%
POOLPool Corporation2.14%$4.9244.68%
CSCOCisco Systems, Inc.2.13%$1.6262.56%
CSTRCapStar Financial Holdings, Inc.2.13%$0.4330.48%
HTLFHeartland Financial USA, Inc.2.13%$1.3869.73%