Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Harn Engineering Solutions Public Company Limited (HARN.BK)

Company Dividend Discount ModelIndustry: Security & Protection ServicesSector: Industrials

Valuation Snapshot

Stable Growth$1.06 - $1.56$1.30
Multi-Stage$2.58 - $2.84$2.71
Blended Fair Value$2.00
Current Price$1.99
Upside0.63%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-1.30%-1.21%0.150.130.100.130.180.160.140.090.060.09
YoY Growth--15.30%30.00%-23.08%-27.78%12.50%14.29%55.56%50.30%-33.33%-46.97%
Dividend Yield--7.07%5.91%4.72%5.56%7.32%9.04%5.98%2.96%2.30%3.59%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)80.63
(-) Cash Dividends Paid (M)70.14
(=) Cash Retained (M)10.49
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)16.1310.086.05
Cash Retained (M)10.4910.4910.49
(-) Cash Required (M)-16.13-10.08-6.05
(=) Excess Retained (M)-5.640.414.44
(/) Shares Outstanding (M)584.50584.50584.50
(=) Excess Retained per Share-0.010.000.01
LTM Dividend per Share0.120.120.12
(+) Excess Retained per Share-0.010.000.01
(=) Adjusted Dividend0.110.120.13
WACC / Discount Rate6.78%6.78%6.78%
Growth Rate-3.30%-2.30%-1.30%
Fair Value$1.06$1.30$1.56
Upside / Downside-46.76%-34.68%-21.60%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)80.6378.7876.9775.2073.4771.7973.94
Payout Ratio86.99%87.59%88.19%88.80%89.40%90.00%92.50%
Projected Dividends (M)70.1469.0067.8866.7865.6864.6168.39

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.78%6.78%6.78%
Growth Rate-3.30%-2.30%-1.30%
Year 1 PV (M)63.9664.6265.29
Year 2 PV (M)58.3359.5460.76
Year 3 PV (M)53.1954.8556.55
Year 4 PV (M)48.4950.5352.63
Year 5 PV (M)44.2246.5548.98
PV of Terminal Value (M)1,239.621,305.051,373.22
Equity Value (M)1,507.801,581.151,657.44
Shares Outstanding (M)584.50584.50584.50
Fair Value$2.58$2.71$2.84
Upside / Downside29.63%35.94%42.49%

High-Yield Dividend Screener

« Prev Page 21 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
SFLEX.BKStarflex Public Company Limited6.18%$0.1957.09%
SSP-R.BKSermsang Power Corporation Public Company Limited6.18%$0.2038.47%
002960.KSHankook Shell Oil Co.,Ltd.6.17%$27,000.0086.18%
ANHYT.ISAnadolu Hayat Emeklilik Anonim Sirketi6.17%$6.0047.92%
ARCAD.ASArcadis N.V.6.17%$2.2052.16%
BPFI.JKPT Woori Finance Indonesia Tbk6.17%$19.6167.05%
CSW-A.TOCorby Spirit and Wine Limited6.17%$0.9191.53%
2357.HKAviChina Industry & Technology Company Limited6.16%$0.2650.61%
5465.TWOLoyalty Founder Enterprise Co.,Ltd.6.16%$1.8096.24%
600873.SSMeiHua Holdings Group Co.,Ltd6.16%$0.6246.40%
REACH.OLReach Subsea ASA6.16%$0.4257.18%
600982.SSNingbo Energy Group Co.,Ltd.6.15%$0.2790.53%
AXIO.JKPT Tera Data Indonusa Tbk6.15%$8.0082.23%
HARN.BKHarn Engineering Solutions Public Company Limited6.15%$0.1286.99%
NET-UN.VCanadian Net Real Estate Investment Trust6.15%$0.3552.87%
PARKEN.COPARKEN Sport & Entertainment A/S6.15%$9.2387.46%
300720.KSHanil Cement Co., Ltd.6.14%$1,056.6378.51%
N0Z.SICombine Will International Holdings Limited6.14%$0.086.18%
WHAUP-R.BKWHA Utilities and Power Public Company Limited6.14%$0.2688.80%
007340.KSDN Automotive Corporation6.13%$1,446.0030.12%
0RGB.LInvestment AB Öresund (publ)6.13%$7.2483.15%
1604.TWSampo Corporation6.13%$1.4985.47%
2850.TWShinkong Insurance Co., Ltd.6.13%$7.1464.89%
5520.TWOLih Tai Construction Enterprise Co., Ltd.6.13%$5.4754.22%
600000.SSShanghai Pudong Development Bank Co., Ltd.6.13%$0.7647.27%
CMOCTEZ.MXCorporación Moctezuma, S.A.B. de C.V.6.13%$5.0369.41%
GPROFUT.MXGrupo Profuturo, S.A.B. de C.V.6.13%$7.3555.28%
006060.KSHWASEUNG Industries Co.,Ltd.6.12%$220.7748.43%
ALUCON.BKAlucon Public Company Limited6.12%$12.0049.20%
TLKM.JKPerusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk6.12%$212.4696.73%
5863.TWOTaipei Star Bank6.11%$0.7350.01%
6959.HKChangjiu Holdings Limited6.11%$0.3926.88%
AMUN.PAAmundi S.A.6.11%$4.3532.56%
OEWA.DEVerbund AG6.11%$3.8378.19%
9951.TWOMacauto Industrial Co., Ltd.6.10%$3.3982.90%
0QOQ.LPartners Group Holding AG6.09%$59.8683.68%
1086.HKGoodbaby International Holdings Limited6.09%$0.0718.25%
2161.HKJBM (Healthcare) Limited6.09%$0.1634.56%
600866.SSStar Lake Bioscience Co., Inc.Zhaoqing Guangdong6.08%$0.4254.80%
6419.TMars Group Holdings Corporation6.08%$194.7249.68%
BNSThe Bank of Nova Scotia6.08%$4.5372.38%
0101.HKHang Lung Properties Limited6.07%$0.5354.73%
3295.THulic Reit, Inc.6.07%$10,716.7069.01%
TGKA.JKPT Tigaraksa Satria Tbk6.07%$300.0071.55%
2836.KLCarlsberg Brewery Malaysia Berhad6.06%$1.0186.19%
002966.SZBank of Suzhou Co., Ltd.6.05%$0.5041.79%
019440.KSSeAH SPECIALSTEEL Co. Ltd.6.05%$1,001.3064.69%
2832.TWTaiwan Fire & Marine Insurance Co., Ltd.6.05%$3.0565.35%
BHP.AXBHP Group Limited6.05%$2.7783.22%
PGF.AXPM Capital Global Opportunities Fund Limited6.05%$0.1837.96%