Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

ICICI Bank Limited (ICICIBANK.BO)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$1,728.44 - $4,567.99$2,639.93
Multi-Stage$1,169.04 - $1,278.10$1,222.58
Blended Fair Value$1,931.25
Current Price$1,348.00
Upside43.27%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS51.36%8.61%9.767.764.821.920.001.231.622.384.754.79
YoY Growth--25.77%60.90%151.18%0.00%-100.00%-24.17%-31.89%-49.87%-0.85%11.95%
Dividend Yield--0.68%0.64%0.52%0.27%0.00%0.35%0.37%0.86%1.64%2.19%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)533,002.50
(-) Cash Dividends Paid (M)70,412.70
(=) Cash Retained (M)462,589.80
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)106,600.5066,625.3139,975.19
Cash Retained (M)462,589.80462,589.80462,589.80
(-) Cash Required (M)-106,600.50-66,625.31-39,975.19
(=) Excess Retained (M)355,989.30395,964.49422,614.61
(/) Shares Outstanding (M)7,212.007,212.007,212.00
(=) Excess Retained per Share49.3654.9058.60
LTM Dividend per Share9.769.769.76
(+) Excess Retained per Share49.3654.9058.60
(=) Adjusted Dividend59.1264.6768.36
WACC / Discount Rate9.11%9.11%9.11%
Growth Rate5.50%6.50%7.50%
Fair Value$1,728.44$2,639.93$4,567.99
Upside / Downside28.22%95.84%238.87%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)533,002.50567,647.66604,544.76643,840.17685,689.78730,259.62752,167.41
Payout Ratio13.21%28.57%43.93%59.28%74.64%90.00%92.50%
Projected Dividends (M)70,412.70162,168.20265,554.42381,695.69511,813.36657,233.66695,754.85

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.11%9.11%9.11%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)147,234.24148,629.82150,025.41
Year 2 PV (M)218,896.98223,066.35227,275.06
Year 3 PV (M)285,658.14293,858.36302,214.03
Year 4 PV (M)347,763.57361,137.58374,893.67
Year 5 PV (M)405,448.21425,031.51445,364.31
PV of Terminal Value (M)7,026,139.067,365,504.207,717,857.65
Equity Value (M)8,431,140.208,817,227.829,217,630.12
Shares Outstanding (M)7,212.007,212.007,212.00
Fair Value$1,169.04$1,222.58$1,278.10
Upside / Downside-13.28%-9.30%-5.19%

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%