Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Tropical Canning (Thailand) Public Company Limited (TC.BK)

Company Dividend Discount ModelIndustry: Packaged FoodsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$8.69 - $14.80$11.34
Multi-Stage$16.89 - $18.57$17.72
Blended Fair Value$14.53
Current Price$5.25
Upside176.73%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-7.79%0.00%0.100.500.150.250.120.150.050.100.150.15
YoY Growth---80.00%233.33%-40.00%108.33%-20.00%200.00%-50.00%-33.33%0.00%49.99%
Dividend Yield--1.65%8.17%1.78%2.92%2.12%6.03%1.29%3.30%4.53%3.48%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)233.89
(-) Cash Dividends Paid (M)99.00
(=) Cash Retained (M)134.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)46.7829.2417.54
Cash Retained (M)134.89134.89134.89
(-) Cash Required (M)-46.78-29.24-17.54
(=) Excess Retained (M)88.11105.65117.35
(/) Shares Outstanding (M)330.89330.89330.89
(=) Excess Retained per Share0.270.320.35
LTM Dividend per Share0.300.300.30
(+) Excess Retained per Share0.270.320.35
(=) Adjusted Dividend0.570.620.65
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate-0.19%0.81%1.81%
Fair Value$8.69$11.34$14.80
Upside / Downside65.44%116.00%181.87%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)233.89235.79237.70239.63241.57243.53250.84
Payout Ratio42.33%51.86%61.40%70.93%80.47%90.00%92.50%
Projected Dividends (M)99.00122.28145.94169.97194.38219.18232.02

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.31%6.31%6.31%
Growth Rate-0.19%0.81%1.81%
Year 1 PV (M)113.89115.03116.17
Year 2 PV (M)126.58129.13131.70
Year 3 PV (M)137.30141.47145.72
Year 4 PV (M)146.23152.18158.31
Year 5 PV (M)153.56161.41169.58
PV of Terminal Value (M)4,911.985,163.035,424.23
Equity Value (M)5,589.555,862.256,145.71
Shares Outstanding (M)330.89330.89330.89
Fair Value$16.89$17.72$18.57
Upside / Downside221.77%237.46%253.78%

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%