Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Erawan Hotel Growth Property Fund (ERWPF.BK)

Company Dividend Discount ModelIndustry: Asset ManagementSector: Financial Services

Valuation Snapshot

Stable Growth$5.73 - $7.96$6.85
Multi-Stage$14.19 - $15.68$14.92
Blended Fair Value$10.89
Current Price$8.55
Upside27.32%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2023202220212020201920182017201620152014
DPS-25.20%-5.50%0.090.000.000.370.000.380.600.600.550.61
YoY Growth--0.00%0.00%-100.00%0.00%-100.00%-36.28%-0.15%8.39%-8.55%284.52%
Dividend Yield--1.05%0.00%0.00%8.31%0.00%7.49%9.83%7.85%5.74%6.38%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)180.25
(-) Cash Dividends Paid (M)39.80
(=) Cash Retained (M)140.45
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)36.0522.5313.52
Cash Retained (M)140.45140.45140.45
(-) Cash Required (M)-36.05-22.53-13.52
(=) Excess Retained (M)104.40117.92126.93
(/) Shares Outstanding (M)176.10176.10176.10
(=) Excess Retained per Share0.590.670.72
LTM Dividend per Share0.230.230.23
(+) Excess Retained per Share0.590.670.72
(=) Adjusted Dividend0.820.900.95
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-6.26%-5.26%-4.26%
Fair Value$5.73$6.85$7.96
Upside / Downside-32.93%-19.88%-6.89%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)180.25170.77161.79153.28145.22137.58141.71
Payout Ratio22.08%35.66%49.25%62.83%76.42%90.00%92.50%
Projected Dividends (M)39.8060.9079.6896.31110.97123.83131.08

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.13%7.13%7.13%
Growth Rate-6.26%-5.26%-4.26%
Year 1 PV (M)56.2556.8557.45
Year 2 PV (M)67.9769.4370.90
Year 3 PV (M)75.8878.3480.84
Year 4 PV (M)80.7684.2687.87
Year 5 PV (M)83.2387.7692.49
PV of Terminal Value (M)2,134.702,251.022,372.35
Equity Value (M)2,498.792,627.652,761.91
Shares Outstanding (M)176.10176.10176.10
Fair Value$14.19$14.92$15.68
Upside / Downside65.96%74.52%83.44%

High-Yield Dividend Screener

« Prev Page 22 of 30 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
0K58.LNOV Inc.1.29%$0.2015.83%
CONConcentra Group Holdings Parent, Inc.1.29%$0.2520.88%
CSGSCSG Systems International, Inc.1.28%$0.9832.90%
CSLCarlisle Companies Incorporated1.28%$4.2023.23%
JKHYJack Henry & Associates, Inc.1.28%$2.2934.69%
MSAMSA Safety Incorporated1.28%$2.0829.19%
PAHCPhibro Animal Health Corporation1.28%$0.4828.68%
WMGWarner Music Group Corp.1.28%$0.3961.67%
0K4C.LNRG Energy, Inc.1.27%$2.1028.38%
DCIDonaldson Company, Inc.1.27%$1.1435.14%
TEXTerex Corporation1.27%$0.7029.49%
BCCBoise Cascade Company1.26%$0.9318.09%
BCMLBayCom Corp1.25%$0.3616.94%
MSCIMSCI Inc.1.25%$7.0744.68%
PRMWPrimo Water Corporation1.25%$0.3561.28%
ESIElement Solutions Inc1.24%$0.3232.50%
LECOLincoln Electric Holdings, Inc.1.23%$3.0031.76%
MCRIMonarch Casino & Resort, Inc.1.23%$1.1826.69%
PBI-PBPitney Bowes Inc. NT 431.23%$0.2561.37%
RJFRaymond James Financial, Inc.1.23%$2.0119.48%
WFRDWeatherford International plc1.23%$1.0017.78%
AMPAmeriprise Financial, Inc.1.22%$6.0416.30%
BRCBrady Corporation1.22%$0.9623.25%
GCBCGreene County Bancorp, Inc.1.21%$0.2613.26%
RICKRCI Hospitality Holdings, Inc.1.21%$0.2815.00%
ABCAmerisourceBergen Corporation1.20%$2.2528.12%
EQBKEquity Bancshares, Inc.1.20%$0.5458.24%
HMNFHMN Financial, Inc.1.20%$0.3428.27%
IBPInstalled Building Products, Inc.1.20%$3.2234.18%
CHHChoice Hotels International, Inc.1.19%$1.1513.93%
EQCEquity Commonwealth1.19%$0.028.60%
FLSFlowserve Corporation1.19%$0.8424.35%
ICEIntercontinental Exchange, Inc.1.19%$1.9033.71%
LNNLindsay Corporation1.19%$1.4421.27%
INGMIngram Micro Holding Corporation1.18%$0.2520.42%
RBARB Global, Inc.1.18%$1.2252.13%
SEICSEI Investments Company1.18%$0.9817.66%
HEESH&E Equipment Services, Inc.1.17%$1.1144.29%
WSFSWSFS Financial Corporation1.17%$0.6413.17%
ASTEAstec Industries, Inc.1.16%$0.5224.84%
GFGDThe Growth for Good Acquisition Corporation1.16%$0.1242.35%
HUBGHub Group, Inc.1.16%$0.5028.58%
NWSNews Corporation1.16%$0.3516.79%
FCXFreeport-McMoRan Inc.1.15%$0.6041.87%
GFFGriffon Corporation1.15%$0.8677.66%
LHLabcorp Holdings Inc.1.15%$2.8928.24%
YAFIXAMG Funds - AMG Yacktman Focused Fund1.15%$0.2227.84%
0L1G.LSS&C Technologies Holdings, Inc.1.14%$0.9929.41%
0M29.LXylem Inc.1.14%$1.5640.08%
DHID.R. Horton, Inc.1.14%$1.6613.80%