Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Ratch Group Public Company Limited (RATCH-R.BK)

Company Dividend Discount ModelIndustry: Regulated ElectricSector: Utilities

Valuation Snapshot

Stable Growth$24.27 - $37.75$30.50
Multi-Stage$57.55 - $63.32$60.38
Blended Fair Value$45.44
Current Price$24.20
Upside87.77%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS0.00%0.56%1.601.601.701.601.601.601.601.601.511.51
YoY Growth---0.01%-5.88%6.23%0.00%0.01%0.02%0.01%5.71%0.01%0.00%
Dividend Yield--6.34%5.71%4.41%3.83%3.29%2.96%2.84%3.23%3.17%3.14%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)5,576.80
(-) Cash Dividends Paid (M)3,479.61
(=) Cash Retained (M)2,097.20
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)1,115.36697.10418.26
Cash Retained (M)2,097.202,097.202,097.20
(-) Cash Required (M)-1,115.36-697.10-418.26
(=) Excess Retained (M)981.841,400.101,678.94
(/) Shares Outstanding (M)2,175.112,175.112,175.11
(=) Excess Retained per Share0.450.640.77
LTM Dividend per Share1.601.601.60
(+) Excess Retained per Share0.450.640.77
(=) Adjusted Dividend2.052.242.37
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate-2.00%-1.00%0.00%
Fair Value$24.27$30.50$37.75
Upside / Downside0.30%26.04%56.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)5,576.805,520.905,465.565,410.775,356.525,302.835,461.91
Payout Ratio62.39%67.92%73.44%78.96%84.48%90.00%92.50%
Projected Dividends (M)3,479.613,749.544,013.724,272.224,525.134,772.555,052.27

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.28%6.28%6.28%
Growth Rate-2.00%-1.00%0.00%
Year 1 PV (M)3,492.383,528.013,563.65
Year 2 PV (M)3,482.033,553.453,625.61
Year 3 PV (M)3,452.093,558.853,667.79
Year 4 PV (M)3,405.673,546.823,692.32
Year 5 PV (M)3,345.533,519.743,701.14
PV of Terminal Value (M)108,005.17113,629.39119,485.51
Equity Value (M)125,182.85131,336.27137,736.01
Shares Outstanding (M)2,175.112,175.112,175.11
Fair Value$57.55$60.38$63.32
Upside / Downside137.82%149.51%161.67%

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%