Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Indian Railway Finance Corporation Limited (IRFC.BO)

Company Dividend Discount ModelIndustry: Financial - Credit ServicesSector: Financial Services

Valuation Snapshot

Stable Growth$884.48 - $1,042.07$976.57
Multi-Stage$347.78 - $381.44$364.29
Blended Fair Value$670.43
Current Price$123.51
Upside442.82%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2025202420232022202120202019201820172016
DPS71.94%30.25%2.301.501.430.771.440.150.290.180.510.12
YoY Growth--53.33%4.90%85.71%-46.25%836.10%-46.67%60.58%-65.03%339.35%-28.96%
Dividend Yield--1.63%0.87%4.38%3.93%5.78%0.62%1.16%0.72%2.06%0.47%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)68,352.00
(-) Cash Dividends Paid (M)20,909.60
(=) Cash Retained (M)47,442.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)13,670.408,544.005,126.40
Cash Retained (M)47,442.4047,442.4047,442.40
(-) Cash Required (M)-13,670.40-8,544.00-5,126.40
(=) Excess Retained (M)33,772.0038,898.4042,316.00
(/) Shares Outstanding (M)13,044.7713,044.7713,044.77
(=) Excess Retained per Share2.592.983.24
LTM Dividend per Share1.601.601.60
(+) Excess Retained per Share2.592.983.24
(=) Adjusted Dividend4.194.584.85
WACC / Discount Rate4.58%4.58%4.58%
Growth Rate5.50%6.50%7.50%
Fair Value$884.48$976.57$1,042.07
Upside / Downside616.12%690.68%743.71%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)68,352.0072,794.8877,526.5582,565.7787,932.5593,648.1696,457.61
Payout Ratio30.59%42.47%54.35%66.24%78.12%90.00%92.50%
Projected Dividends (M)20,909.6030,918.0642,139.2754,688.6168,691.3384,283.3589,223.29

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate4.58%4.58%4.58%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)29,286.1829,563.7729,841.37
Year 2 PV (M)37,808.3838,528.5239,255.46
Year 3 PV (M)46,478.1147,812.3349,171.84
Year 4 PV (M)55,297.3157,423.8959,611.22
Year 5 PV (M)64,267.9467,372.1070,595.07
PV of Terminal Value (M)4,303,573.204,511,437.404,727,257.05
Equity Value (M)4,536,711.134,752,138.024,975,732.02
Shares Outstanding (M)13,044.7713,044.7713,044.77
Fair Value$347.78$364.29$381.44
Upside / Downside181.58%194.95%208.83%

High-Yield Dividend Screener

« Prev Page 28 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
U96.SISembcorp Industries Ltd5.19%$0.3229.05%
CIN.AXCarlton Investments Limited5.18%$1.7961.04%
MERK.JKPT Merck Tbk5.18%$170.3142.74%
0QQ2.LGeberit AG5.17%$25.4271.02%
2640.TWOTaiwan Taxi Co.,Ltd.5.17%$7.0177.56%
603508.SSHenan Thinker Automatic Equipment Co., Ltd.5.17%$1.4488.86%
RICHT.BDChemical Works5.17%$509.8341.05%
FPT.BKFrasers Property (Thailand) Public Company Limited5.16%$0.3140.49%
YSON.FSonae, SGPS, S.A.5.16%$0.0960.40%
0QS5.LBossard Holding AG5.15%$7.9044.91%
2341.HKEcoGreen International Group Limited5.15%$0.109.70%
4942.TWChia Chang Co., Ltd5.15%$1.9967.15%
601555.SSSoochow Securities Co., Ltd.5.15%$0.4766.76%
601686.SSTianjin You Fa Steel Pipe Group Stock Co., Ltd.5.15%$0.3256.09%
6979.HKZJLD Group Inc5.15%$0.4556.09%
3118.TWOLevel Biotechnology Inc.5.14%$1.7080.08%
ALTOU.PATouax5.14%$0.2220.71%
BE8.BKBeryl 8 Plus Public Company Limited5.14%$0.2475.69%
KEG-UN.TOThe Keg Royalties Income Fund5.14%$0.9684.63%
QEWS.QAQatar Electricity & Water Company Q.P.S.C.5.14%$0.7767.87%
6805.HKKimou Environmental Holding Limited5.13%$0.1360.10%
9521.SRInmar Company for Real Estate Development and Investment5.13%$1.0024.60%
MTI.BKMuang Thai Insurance Public Company Limited5.13%$0.8045.07%
3218.TWOUniversal Vision Biotechnology Co., Ltd.5.12%$7.4771.57%
600694.SSDashang Co., Ltd.5.12%$0.9263.22%
601877.SSZhejiang Chint Electrics Co., Ltd.5.12%$1.4367.03%
GL9.IRGlanbia plc5.12%$0.7450.22%
STBP3.SASantos Brasil Participações S.A.5.12%$0.7478.31%
WSU.DEWashTec AG5.12%$2.4092.47%
0RUJ.LDelta Plus Group5.11%$2.4829.42%
2887.TWTS Financial Holding Co., Ltd.5.11%$1.0493.64%
3003.SRCity Cement Company5.11%$0.6566.06%
ALVU.PAVente-Unique.com S.A.5.11%$0.7945.95%
CAML3.SACamil Alimentos S.A.5.11%$0.2860.82%
RECTRectitude Holdings Ltd Ordinary Shares5.11%$0.0926.70%
603518.SSJinhong Fashion Group Co.,Ltd.5.10%$0.4966.21%
6242.TWOLi Kang Biomedical Co., Ltd.5.10%$2.0077.54%
ECMPA.ASEurocommercial Properties N.V.5.10%$1.3355.30%
NOMDNomad Foods Limited5.09%$0.6246.03%
2249.TWOYoung Shine Electric Co., Ltd.5.08%$4.7121.31%
ARZZ3.SAArezzo Indústria e Comércio S.A.5.08%$2.6767.63%
CMAN.BKChememan Public Company Limited5.08%$0.1231.80%
LST.BKLam Soon (Thailand) Public Company Limited5.08%$0.2436.51%
VEI.OLVeidekke ASA5.08%$8.9090.00%
013570.KSDY Corporation5.07%$230.5420.72%
086790.KSHana Financial Group Inc.5.07%$4,736.7233.98%
129260.KSIntergis Co., Ltd5.07%$121.3822.66%
CUP-U.TOCaribbean Utilities Company, Ltd.5.07%$0.6964.16%
MMAQ3.SAMinasmaquinas S.A.5.07%$129.2112.04%
QATI.QAQatar Insurance Company Q.S.P.C.5.07%$0.1045.46%