Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Public Bank Berhad (1295.KL)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$6.47 - $13.31$9.08
Multi-Stage$8.24 - $9.03$8.63
Blended Fair Value$8.86
Current Price$4.33
Upside104.52%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS7.45%7.23%0.200.140.200.210.080.140.130.120.120.11
YoY Growth--43.23%-28.93%-3.90%156.25%-42.86%6.35%12.15%1.72%5.45%9.66%
Dividend Yield--4.58%3.31%4.94%4.41%1.91%4.42%2.94%2.45%2.91%2.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)7,147.60
(-) Cash Dividends Paid (M)4,322.60
(=) Cash Retained (M)2,825.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,429.52893.45536.07
Cash Retained (M)2,825.002,825.002,825.00
(-) Cash Required (M)-1,429.52-893.45-536.07
(=) Excess Retained (M)1,395.481,931.552,288.93
(/) Shares Outstanding (M)19,337.7519,337.7519,337.75
(=) Excess Retained per Share0.070.100.12
LTM Dividend per Share0.220.220.22
(+) Excess Retained per Share0.070.100.12
(=) Adjusted Dividend0.300.320.34
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate2.35%3.35%4.35%
Fair Value$6.47$9.08$13.31
Upside / Downside49.33%109.74%207.38%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)7,147.607,387.097,634.617,890.418,154.798,428.038,680.87
Payout Ratio60.48%66.38%72.29%78.19%84.10%90.00%92.50%
Projected Dividends (M)4,322.604,903.635,518.736,169.556,857.797,585.228,029.80

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.03%7.03%7.03%
Growth Rate2.35%3.35%4.35%
Year 1 PV (M)4,537.164,581.494,625.82
Year 2 PV (M)4,724.694,817.474,911.15
Year 3 PV (M)4,887.155,031.805,179.27
Year 4 PV (M)5,026.355,225.695,430.89
Year 5 PV (M)5,144.045,400.295,666.66
PV of Terminal Value (M)135,086.28141,815.70148,810.66
Equity Value (M)159,405.68166,872.43174,624.45
Shares Outstanding (M)19,337.7519,337.7519,337.75
Fair Value$8.24$8.63$9.03
Upside / Downside90.38%99.29%108.55%

High-Yield Dividend Screener

« Prev Page 18 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
CU-X.TOCanadian Utilities Limited6.70%$2.3196.15%
NACNuveen California Quality Municipal Income Fund6.70%$0.7958.10%
SMIT.BKSahamit Machinery Public Company Limited6.70%$0.2480.77%
FNTN.DEfreenet AG6.69%$1.9986.99%
2319.HKChina Mengniu Dairy Company Limited6.68%$1.0099.41%
8963.TInvincible Investment Corporation6.68%$4,300.6161.53%
PLAKR.ATPlastika Kritis S.A.6.67%$0.9734.18%
000540.KSHeungkuk Fire&Marine Insurance Co., Ltd.6.66%$237.3827.99%
2314.HKLee & Man Paper Manufacturing Limited6.66%$0.1928.93%
298020.KSHyosung TNC Corporation6.66%$14,250.7888.73%
CPTGF.BKC.P. Tower Growth Leasehold Property Fund6.66%$0.3463.33%
0QQG.LRomande Energie Holding S.A.6.65%$2.8854.24%
9924.TWTaiwan Fu Hsing Industrial Co.,Ltd.6.65%$3.4897.31%
AYUD.BKAllianz Ayudhya Capital Public Company Limited6.65%$2.3438.16%
BEES3.SABanestes S.A. - Banco do Estado do Espírito Santo6.65%$0.5447.77%
DHTDHT Holdings, Inc.6.65%$0.7862.76%
DVLA.JKPT Darya-Varia Laboratoria Tbk6.65%$110.0071.18%
BTB-UN.TOBTB Real Estate Investment Trust6.64%$0.2763.41%
0297.HKSinofert Holdings Limited6.63%$0.1040.38%
0QQ0.LBKW AG6.63%$11.1661.27%
TTW-R.BKTTW Public Company Limited6.63%$0.6076.46%
000001.SZPing An Bank Co., Ltd.6.62%$0.7533.97%
5519.TWLongDa Construction & Development Corporation6.62%$2.1773.27%
AKHI.QAAl Khaleej Takaful Insurance Company Q.P.S.C.6.62%$0.1562.13%
DEXP3.SADexxos Participações S.A.6.61%$0.5235.77%
PLZ-UN.TOPlaza Retail REIT6.60%$0.2887.93%
0900.HKAEON Credit Service (Asia) Company Limited6.59%$0.4847.12%
4001.SRAbdullah Al-Othaim Markets Company6.59%$0.4169.57%
9942.TWNAK Sealing Technologies Corporation6.59%$6.9983.55%
QFLS.QAQatar Fuel Company Q.P.S.C.("WOQOD")6.59%$1.0096.27%
AD-UN.TOAlaris Equity Partners Income Trust6.58%$1.3646.26%
ARF.AXArena REIT6.58%$0.2367.19%
BVI.PABureau Veritas S.A.6.58%$1.7768.58%
9677.HKWeihai Bank Co., Ltd. Class H6.57%$0.1837.27%
LI.PAKlépierre6.57%$2.1940.55%
SIME.KLSime Darby Berhad6.57%$0.1445.15%
KER.PAKering S.A.6.56%$19.9987.42%
MING.OLSpareBank 1 SMN6.56%$13.2942.26%
024090.KSDCM Corp.6.55%$791.6575.82%
EMSN.SWEms-Chemie Holding AG6.55%$36.0191.24%
HVN.AXHarvey Norman Holdings Limited6.55%$0.4665.85%
LALIN.BKLalin Property Public Company Limited6.54%$0.3261.45%
0636.HKKLN Logistics Group Limited6.53%$0.4728.09%
0JSU.LSipef N.V.6.53%$5.3834.04%
0QF8.LAktia Pankki Oyj6.53%$0.8292.48%
INTRInter & Co, Inc.6.53%$0.5520.40%
0028.HKTian An China Investments Company Limited6.52%$0.3015.83%
4190.SRJarir Marketing Company6.52%$0.8499.34%
ONEE.BKThe ONE Enterprise Public Company Limited6.52%$0.1489.05%
0119.HKPoly Property Group Co., Limited6.51%$0.1338.03%