Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Tong Hsing Electronic Industries, Ltd. (6271.TW)

Company Dividend Discount ModelIndustry: SemiconductorsSector: Technology

Valuation Snapshot

Stable Growth$105.60 - $190.86$141.18
Multi-Stage$139.75 - $153.27$146.38
Blended Fair Value$143.78
Current Price$107.00
Upside34.37%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-12.75%-7.88%2.405.977.684.702.764.744.744.674.674.67
YoY Growth---59.85%-22.30%63.62%69.85%-41.67%0.00%1.50%0.00%0.00%-14.29%
Dividend Yield--2.17%3.97%5.03%1.89%1.58%3.86%4.11%3.32%3.08%4.44%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,561.21
(-) Cash Dividends Paid (M)501.74
(=) Cash Retained (M)1,059.47
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)312.24195.15117.09
Cash Retained (M)1,059.471,059.471,059.47
(-) Cash Required (M)-312.24-195.15-117.09
(=) Excess Retained (M)747.23864.32942.38
(/) Shares Outstanding (M)209.30209.30209.30
(=) Excess Retained per Share3.574.134.50
LTM Dividend per Share2.402.402.40
(+) Excess Retained per Share3.574.134.50
(=) Adjusted Dividend5.976.536.90
WACC / Discount Rate7.54%7.54%7.54%
Growth Rate1.79%2.79%3.79%
Fair Value$105.60$141.18$190.86
Upside / Downside-1.31%31.94%78.37%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,561.211,604.721,649.441,695.401,742.651,791.221,844.95
Payout Ratio32.14%43.71%55.28%66.86%78.43%90.00%92.50%
Projected Dividends (M)501.74701.43911.851,133.471,366.721,612.101,706.58

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.54%7.54%7.54%
Growth Rate1.79%2.79%3.79%
Year 1 PV (M)645.91652.25658.60
Year 2 PV (M)773.22788.49803.90
Year 3 PV (M)885.06911.41938.27
Year 4 PV (M)982.731,021.931,062.28
Year 5 PV (M)1,067.421,120.901,176.49
PV of Terminal Value (M)24,896.1526,143.3727,440.08
Equity Value (M)29,250.4930,638.3432,079.63
Shares Outstanding (M)209.30209.30209.30
Fair Value$139.75$146.38$153.27
Upside / Downside30.61%36.81%43.24%

High-Yield Dividend Screener

« Prev Page 19 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SIGISelective Insurance Group, Inc.1.77%$1.4822.19%
FUSBFirst US Bancshares, Inc.1.76%$0.2526.72%
RRyder System, Inc.1.76%$3.4128.29%
RGAReinsurance Group of America, Incorporated1.75%$3.5527.34%
TFG.ASTetragon Financial Group Limited1.75%$0.303.32%
WFCWells Fargo & Company1.75%$1.6725.46%
HCKTThe Hackett Group, Inc.1.74%$0.3485.97%
LEGLeggett & Platt, Incorporated1.74%$0.1911.94%
RPRXRoyalty Pharma plc1.74%$0.6749.36%
SFBCSound Financial Bancorp, Inc.1.74%$0.7637.96%
SXTSensient Technologies Corporation1.74%$1.6350.00%
MKTXMarketAxess Holdings Inc.1.73%$3.0952.31%
PRGPROG Holdings, Inc.1.73%$0.5112.57%
STELStellar Bancorp, Inc.1.73%$0.5326.88%
UFCSUnited Fire Group, Inc.1.73%$0.6214.63%
AMALAmalgamated Financial Corp.1.72%$0.5516.32%
BKThe Bank of New York Mellon Corporation1.72%$2.0127.06%
COWNCowen Inc.1.72%$0.6733.32%
DGDollar General Corporation1.72%$2.3540.66%
AMKRAmkor Technology, Inc.1.71%$0.7359.04%
DTFDTF Tax-Free Income 2028 Term Fund Inc.1.71%$0.2080.42%
ERIEErie Indemnity Company1.71%$4.7538.59%
FLXSFlexsteel Industries, Inc.1.71%$0.6817.01%
MTCHMatch Group, Inc.1.71%$0.5425.07%
LBRTLiberty Energy Inc.1.70%$0.3228.43%
OVBCOhio Valley Banc Corp.1.70%$0.6728.36%
WTFCWintrust Financial Corporation1.70%$2.4320.92%
BANFBancFirst Corporation1.69%$1.8025.72%
BDLFlanigan's Enterprises, Inc.1.69%$0.5021.50%
CDHAXCalvert International Responsible Idx A1.69%$0.6441.92%
CINRSisecam Resources LP1.69%$0.3419.21%
EXPOExponent, Inc.1.69%$1.1858.07%
GDGeneral Dynamics Corporation1.69%$5.8037.41%
HQIHireQuest, Inc.1.69%$0.1836.36%
OTFBlue Owl Technology Finance Corp.1.69%$0.249.20%
PHINPHINIA Inc.1.68%$1.0947.78%
PTRSPartners Bancorp1.68%$0.1213.62%
RNGRRanger Energy Services, Inc.1.67%$0.2434.90%
HQHAbrdn Healthcare Investors1.66%$0.316.95%
JILLJ.Jill, Inc.1.66%$0.2310.45%
PSH.ASPershing Square Holdings, Ltd.1.65%$0.856.48%
SKTTanger Inc.1.65%$0.5558.16%
USCBUSCB Financial Holdings, Inc.1.64%$0.3018.70%
BOTJBank of the James Financial Group, Inc.1.62%$0.3026.41%
RSReliance Steel & Aluminum Co.1.62%$4.7834.66%
SCIService Corporation International1.62%$1.2533.57%
SMLPSummit Midstream Partners, LP1.62%$0.596.02%
TKRThe Timken Company1.62%$1.4032.90%
TRINLTrinity Capital Inc. - 7.00% No1.62%$0.4120.50%
CARRCarrier Global Corporation1.61%$0.8618.56%