Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Noble Development Public Company Limited (NOBLE-R.BK)

Company Dividend Discount ModelIndustry: Real Estate - DevelopmentSector: Real Estate

Valuation Snapshot

Stable Growth$3.56 - $4.90$4.24
Multi-Stage$11.36 - $12.59$11.96
Blended Fair Value$8.10
Current Price$2.18
Upside271.50%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-36.91%14.96%0.400.280.080.841.083.980.060.000.000.03
YoY Growth--43.42%251.25%-90.59%-22.73%-72.73%7,017.07%0.00%0.00%-100.00%-66.66%
Dividend Yield--18.57%7.45%1.56%16.60%12.76%100.18%1.24%0.00%0.00%0.77%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)946.82
(-) Cash Dividends Paid (M)258.82
(=) Cash Retained (M)688.01
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)189.36118.3571.01
Cash Retained (M)688.01688.01688.01
(-) Cash Required (M)-189.36-118.35-71.01
(=) Excess Retained (M)498.64569.65617.00
(/) Shares Outstanding (M)1,388.671,388.671,388.67
(=) Excess Retained per Share0.360.410.44
LTM Dividend per Share0.190.190.19
(+) Excess Retained per Share0.360.410.44
(=) Adjusted Dividend0.550.600.63
WACC / Discount Rate6.19%6.19%6.19%
Growth Rate-7.92%-6.92%-5.92%
Fair Value$3.56$4.24$4.90
Upside / Downside63.26%94.27%124.72%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)946.82881.32820.35763.60710.78661.61681.46
Payout Ratio27.34%39.87%52.40%64.93%77.47%90.00%92.50%
Projected Dividends (M)258.82351.37429.88495.84550.62595.45630.35

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.19%6.19%6.19%
Growth Rate-7.92%-6.92%-5.92%
Year 1 PV (M)327.32330.87334.43
Year 2 PV (M)373.04381.19389.42
Year 3 PV (M)400.83414.03427.52
Year 4 PV (M)414.65432.96451.87
Year 5 PV (M)417.72440.90465.09
PV of Terminal Value (M)13,843.4014,611.5915,413.51
Equity Value (M)15,776.9616,611.5417,481.85
Shares Outstanding (M)1,388.671,388.671,388.67
Fair Value$11.36$11.96$12.59
Upside / Downside421.15%448.72%477.47%

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%