Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

TQM Alpha Public Company Limited (TQM-R.BK)

Company Dividend Discount ModelIndustry: Insurance - BrokersSector: Financial Services

Valuation Snapshot

Stable Growth$50.97 - $259.09$104.91
Multi-Stage$29.55 - $32.25$30.87
Blended Fair Value$67.89
Current Price$14.70
Upside361.84%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS17.81%0.00%1.081.151.341.371.050.480.530.380.680.09
YoY Growth---6.19%-14.25%-2.08%30.34%121.05%-10.17%41.00%-45.00%686.73%0.00%
Dividend Yield--7.19%4.30%4.06%3.42%1.71%1.41%3.28%3.26%5.93%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)781.77
(-) Cash Dividends Paid (M)646.81
(=) Cash Retained (M)134.96
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)156.3597.7258.63
Cash Retained (M)134.96134.96134.96
(-) Cash Required (M)-156.35-97.72-58.63
(=) Excess Retained (M)-21.4037.2376.32
(/) Shares Outstanding (M)599.95599.95599.95
(=) Excess Retained per Share-0.040.060.13
LTM Dividend per Share1.081.081.08
(+) Excess Retained per Share-0.040.060.13
(=) Adjusted Dividend1.041.141.21
WACC / Discount Rate7.63%7.63%7.63%
Growth Rate5.48%6.48%7.48%
Fair Value$50.97$104.91$259.09
Upside / Downside246.73%613.65%1,662.53%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)781.77832.40886.32943.721,004.841,069.931,102.02
Payout Ratio82.74%84.19%85.64%87.09%88.55%90.00%92.50%
Projected Dividends (M)646.81700.80759.06821.93889.76962.931,019.37

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate7.63%7.63%7.63%
Growth Rate5.48%6.48%7.48%
Year 1 PV (M)644.98651.09657.21
Year 2 PV (M)642.96655.21667.57
Year 3 PV (M)640.76659.15677.90
Year 4 PV (M)638.39662.94688.20
Year 5 PV (M)635.85666.57698.47
PV of Terminal Value (M)14,525.5615,227.3115,955.92
Equity Value (M)17,728.5018,522.2819,345.27
Shares Outstanding (M)599.95599.95599.95
Fair Value$29.55$30.87$32.25
Upside / Downside101.02%110.02%119.35%

High-Yield Dividend Screener

« Prev Page 26 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
600036.SSChina Merchants Bank Co., Ltd.5.46%$2.3039.04%
7296.TF.C.C. Co., Ltd.5.46%$202.4061.47%
BPF-UN.TOBoston Pizza Royalties Income Fund5.46%$1.2581.66%
SONDA.SNSonda S.A.5.46%$18.7857.64%
0062.HKTransport International Holdings Limited5.45%$0.5845.75%
AGN.ASAegon N.V.5.45%$0.3645.01%
CGCBV.HECargotec Corporation5.45%$2.1313.30%
LEVE3.SAMAHLE Metal Leve S.A.5.45%$1.8342.42%
RATCH-R.BKRatch Group Public Company Limited5.45%$1.6162.39%
071320.KSKorea District Heating Corp.5.44%$5,144.2919.59%
3051.TWOptimax Technology Corporation5.44%$1.0172.99%
LSIP.JKPT Perusahaan Perkebunan London Sumatra Indonesia Tbk5.44%$64.9923.07%
4580.TWOValue Valves Co., Ltd.5.43%$4.4379.29%
BNBR3.SABanco do Nordeste do Brasil S.A.5.43%$5.9820.89%
1866.HKChina XLX Fertiliser Ltd.5.42%$0.5022.65%
4207.TWOTaiwan Fructose Co., Ltd.5.42%$1.0061.33%
8955.TJapan Prime Realty Investment Corporation5.42%$5,726.8966.85%
8TRA.DETraton SE5.42%$1.7047.75%
AMATA.BKAmata Corporation Public Company Limited5.42%$0.9033.06%
CRECCrescera Capital Acquisition Corp.5.42%$0.5940.15%
9907.TWTon Yi Industrial Corp.5.41%$0.9770.39%
004970.KSSilla Co.,Ltd5.40%$499.3456.25%
JDE.DEJDE Peet's N.V.5.40%$1.7274.35%
0QU6.LHIAG Immobilien Holding AG5.39%$6.3944.68%
3022.TWIEI Integration Corp.5.39%$3.5169.75%
4105.TWOTTY Biopharm Company Limited5.39%$4.3568.65%
BNORDIK-CSE.COP/F BankNordik5.39%$8.3624.49%
003550.KSLG Corp.5.38%$4,358.8394.91%
2414.TWUnitech Computer Co., Ltd.5.38%$2.1971.08%
9627.SRTwareat Medical Care Co.5.38%$0.6671.63%
AMARC.BKAsia Medical and Agricultural Laboratory and Research Center Public Company Limited5.38%$0.1438.50%
MDNE3.SAMoura Dubeux Engenharia S.A.5.38%$1.2429.60%
001286.SZShaanxi Energy Investment5.37%$0.5064.09%
82020.HKANTA Sports-r5.37%$3.8940.14%
CCN.PACaisse Régionale de Crédit Agricole Mutuel de Normandie-Seine Société coopérative5.37%$7.0126.05%
ENGH.TOEnghouse Systems Limited5.37%$1.0879.39%
G07.SIGreat Eastern Holdings Limited5.37%$0.8240.54%
GEMA.JKPT Gema Grahasarana Tbk5.37%$5.1529.14%
HNK1.DEHeineken N.V.5.37%$3.7183.13%
SELER.PASelectirente5.37%$4.4033.09%
600750.SSJiang Zhong Pharmaceutical Co.,Ltd5.36%$1.2493.11%
000883.SZHubei Energy Group Co., Ltd.5.35%$0.2493.11%
039570.KSHDC I-Controls Co., Ltd.5.35%$448.0048.81%
AB9.DEABO Energy GmbH & Co. KGaA5.35%$0.6511.20%
CUP.AXCount Limited5.35%$0.068.76%
RB.SWReckitt Benckiser Group plc5.35%$2.8967.01%
0411.HKLam Soon (Hong Kong) Limited5.34%$0.6027.98%
1342.TWCathay Consolidated, Inc.5.34%$4.7687.76%
9612.SRSama Healthy Water Factory Co.5.34%$0.1039.45%
000521.SZChanghong Meiling Co., Ltd.5.33%$0.3554.63%