Definitive Analysis
Definitive Analysis

Get Full Access

See Pricing Start Free Trial

MTR Corporation Limited (0066.HK)

Company Dividend Discount ModelIndustry: RailroadsSector: Industrials

Valuation Snapshot

Stable Growth$82.85 - $182.67$119.25
Multi-Stage$115.87 - $126.98$121.32
Blended Fair Value$120.29
Current Price$28.20
Upside326.54%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.63%4.86%1.281.221.381.151.091.070.212.472.980.92
YoY Growth--4.62%-11.29%19.50%5.24%2.39%419.05%-91.66%-17.02%221.99%16.26%
Dividend Yield--4.72%4.09%3.33%2.75%2.53%2.32%0.50%5.39%7.90%2.41%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)27,111.00
(-) Cash Dividends Paid (M)21,082.00
(=) Cash Retained (M)6,029.00
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)5,422.203,388.882,033.33
Cash Retained (M)6,029.006,029.006,029.00
(-) Cash Required (M)-5,422.20-3,388.88-2,033.33
(=) Excess Retained (M)606.802,640.133,995.68
(/) Shares Outstanding (M)6,218.006,218.006,218.00
(=) Excess Retained per Share0.100.420.64
LTM Dividend per Share3.393.393.39
(+) Excess Retained per Share0.100.420.64
(=) Adjusted Dividend3.493.824.03
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate2.10%3.10%4.10%
Fair Value$82.85$119.25$182.67
Upside / Downside193.81%322.88%547.78%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)27,111.0027,951.2728,817.5829,710.7330,631.5831,580.9632,528.39
Payout Ratio77.76%80.21%82.66%85.10%87.55%90.00%92.50%
Projected Dividends (M)21,082.0022,419.5523,819.7725,285.2426,818.6728,422.8630,088.76

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.40%6.40%6.40%
Growth Rate2.10%3.10%4.10%
Year 1 PV (M)20,867.0921,071.4721,275.85
Year 2 PV (M)20,635.1421,041.3421,451.49
Year 3 PV (M)20,387.8720,992.8221,609.62
Year 4 PV (M)20,126.9120,927.0921,750.90
Year 5 PV (M)19,853.7520,845.2621,876.00
PV of Terminal Value (M)618,584.34649,476.85681,591.43
Equity Value (M)720,455.11754,354.83789,555.29
Shares Outstanding (M)6,218.006,218.006,218.00
Fair Value$115.87$121.32$126.98
Upside / Downside310.87%330.21%350.28%

High-Yield Dividend Screener

« Prev Page 20 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PZU.WAPowszechny Zaklad Ubezpieczen S.A.6.34%$4.3461.18%
TIMS3.SATIM S.A.6.34%$1.3782.19%
5027.KLKim Loong Resources Berhad6.33%$0.1590.58%
600177.SSYoungor Group Co.,Ltd6.33%$0.4885.43%
MQG.AXMacquarie Group Limited6.33%$12.8967.45%
1286.HKImpro Precision Industries Limited6.32%$0.3247.46%
2199.HKRegina Miracle International (Holdings) Limited6.32%$0.1551.30%
4331.SRAljazira Mawten REIT Fund6.32%$0.7471.72%
8284.TWOMitake Information Corporation6.32%$3.9988.71%
B7E.DEBlue Cap AG6.32%$1.0945.09%
SHAF.SWSchaeffler AG6.32%$0.4699.67%
2069.TWYuen Chang Stainless Steel Co., Ltd.6.31%$1.1672.53%
603369.SSJiangsu King's Luck Brewery Joint-Stock Co., Ltd.6.31%$2.2095.23%
035600.KQKginicis Co.,Ltd6.30%$640.7433.42%
3859.KLMagnum Berhad6.30%$0.0963.20%
600582.SSTiandi Science & Technology Co.Ltd6.29%$0.3754.45%
6281.TWE-Life Corporation6.29%$3.9796.34%
8953.TJapan Metropolitan Fund Investment Corporation6.29%$7,808.7582.66%
KYE.BKKang Yong Electric Public Company Limited6.29%$17.8046.83%
3130.TW104 Corporation6.28%$14.0798.54%
601658.SSPostal Savings Bank of China Co., Ltd.6.28%$0.3446.63%
005257.KSGreen Cross Holdings Corporation6.27%$1,649.8533.43%
4138.TWODynamic Medical Technologies Inc.6.27%$3.7785.97%
4383.KLJaya Tiasa Holdings Berhad6.27%$0.0740.20%
AH-R.BKAAPICO Hitech Public Company Limited6.27%$0.7935.60%
1093.HKCSPC Pharmaceutical Group Limited6.26%$0.5359.84%
1397.HKBaguio Green Group Limited6.26%$0.0721.64%
005440.KSHyundai Green Food Co.,Ltd.6.25%$501.5314.65%
0506.HKChina Foods Limited6.25%$0.2744.98%
0RFX.LBell Food Group AG6.25%$14.0034.79%
1345.HKShanghai Pioneer Holding Ltd6.25%$0.1461.06%
M-PAT.BKMFC Patong Heritage Property Fund6.25%$0.1267.74%
PRV-UN.TOPro Real Estate Investment Trust6.25%$0.4177.89%
2006.TWTung Ho Steel Enterprise Corporation6.24%$3.9966.06%
600867.SSTonghua Dongbao Pharmaceutical Co., Ltd.6.24%$0.5180.83%
CEKA.JKPT Wilmar Cahaya Indonesia Tbk.6.22%$149.7933.39%
TSFA.FTaiwan Semiconductor Manufacturing Company Limited6.22%$17.0027.78%
002061.SZZhejiang Communications Technology Co., Ltd.6.21%$0.2555.66%
003410.KSSsangYong C&E Co., Ltd.6.21%$434.4384.58%
6170.TWOWelldone Company6.21%$3.0864.20%
7480.TSuzuden Corporation6.21%$104.5987.83%
HMPRO-R.BKHome Product Center Public Company Limited6.21%$0.4187.39%
IPCC.JKPT Indonesia Kendaraan Terminal Tbk6.21%$86.9664.44%
4532.TWRechi Precision Co., Ltd.6.20%$1.5172.65%
OPM.PAOPmobility6.20%$1.0244.93%
BCVN.SWBanque Cantonale Vaudoise6.19%$6.2168.66%
MF.PAWendel6.19%$5.0581.14%
OVS.MIOVS S.p.A.6.19%$0.3079.04%
A5G.IRAIB Group plc6.18%$0.5848.87%
BEK-B.TOThe Becker Milk Company Limited6.18%$0.8047.42%