Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Mode

Company Industry Sector

Ticker

Industry

Sector

Thurgauer Kantonalbank (TKBP.SW)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$369.12 - $809.02$530.20
Multi-Stage$803.38 - $884.76$843.28
Blended Fair Value$686.74
Current Price$153.00
Upside348.85%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.32%4.70%4.834.564.544.384.114.104.034.024.003.99
YoY Growth--5.91%0.51%3.49%6.63%0.23%1.71%0.31%0.38%0.35%30.88%
Dividend Yield--3.80%3.81%3.81%4.11%3.93%3.76%3.93%3.95%4.52%5.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)317.36
(-) Cash Dividends Paid (M)36.47
(=) Cash Retained (M)280.89
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)63.4739.6723.80
Cash Retained (M)280.89280.89280.89
(-) Cash Required (M)-63.47-39.67-23.80
(=) Excess Retained (M)217.42241.22257.09
(/) Shares Outstanding (M)16.0016.0016.00
(=) Excess Retained per Share13.5915.0816.07
LTM Dividend per Share2.282.282.28
(+) Excess Retained per Share13.5915.0816.07
(=) Adjusted Dividend15.8717.3618.35
WACC / Discount Rate5.03%5.03%5.03%
Growth Rate0.70%1.70%2.70%
Fair Value$369.12$530.20$809.02
Upside / Downside141.25%246.54%428.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)317.36322.77328.27333.86339.54345.33355.69
Payout Ratio11.49%27.19%42.89%58.60%74.30%90.00%92.50%
Projected Dividends (M)36.4787.77140.81195.63252.28310.80329.01

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.03%5.03%5.03%
Growth Rate0.70%1.70%2.70%
Year 1 PV (M)82.7483.5684.39
Year 2 PV (M)125.14127.64130.16
Year 3 PV (M)163.90168.83173.86
Year 4 PV (M)199.26207.29215.56
Year 5 PV (M)231.42243.14255.33
PV of Terminal Value (M)12,051.6812,662.0513,296.91
Equity Value (M)12,854.1313,492.5114,156.21
Shares Outstanding (M)16.0016.0016.00
Fair Value$803.38$843.28$884.76
Upside / Downside425.09%451.16%478.28%

High-Yield Dividend Screener

« Prev Page 28 of 30 Next »
Ticker ⇵ Company ⇵ Dividend Yield % ▼ Dividend Per Share ⇵ Payout Ratio % ⇵
ORAOrmat Technologies, Inc.0.42%$0.4821.81%
VLTOVeralto Corporation0.42%$0.4211.39%
CEGConstellation Energy Corporation0.41%$1.5217.38%
EXPEExpedia Group, Inc.0.41%$1.1510.88%
GEGE Aerospace0.40%$1.2917.08%
GEHCVGE HealthCare Technologies Inc.0.40%$0.235.05%
ATMUAtmus Filtration Technologies Inc.0.39%$0.208.42%
BMNRBitmine Immersion Technologies, Inc.0.39%$0.120.85%
CHDNChurchill Downs Incorporated0.39%$0.437.61%
PLPCPreformed Line Products Company0.39%$0.8311.03%
AAPLApple Inc.0.38%$1.0313.77%
AMOTAllied Motion Technologies Inc.0.38%$0.1221.85%
CASYCasey's General Stores, Inc.0.38%$2.0912.85%
EAElectronic Arts Inc.0.38%$0.7721.92%
LOBLive Oak Bancshares, Inc.0.37%$0.138.44%
PCG-PAPacific Gas and Electric Company0.37%$0.086.94%
CTSCTS Corporation0.36%$0.168.09%
GVAGranite Construction Incorporated0.36%$0.4312.45%
LCORXLeuthold Core Investment Fund0.36%$0.084.98%
LCRIXLeuthold Core Investment Fund Class Institutional0.36%$0.084.98%
UHALU-Haul Holding Company0.36%$0.1817.87%
BOXBox, Inc.0.35%$0.106.61%
HCCWarrior Met Coal, Inc.0.35%$0.3147.04%
MCKMcKesson Corporation0.35%$2.918.98%
CSWICSW Industrials, Inc.0.34%$1.0211.93%
MOG-AMoog Inc.0.34%$0.8511.59%
SRBKSR Bancorp, Inc. Common stock0.34%$0.059.61%
VHAQ-UNViveon Health Acquisition Corp.0.34%$0.0417.38%
WWDWoodward, Inc.0.34%$1.0514.70%
AGXArgan, Inc.0.33%$1.0812.72%
PJTPJT Partners Inc.0.33%$0.5613.70%
REGNRegeneron Pharmaceuticals, Inc.0.33%$2.596.06%
LPLALPL Financial Holdings Inc.0.32%$1.1611.15%
METAMeta Platforms, Inc.0.31%$2.048.98%
ESABESAB Corporation0.30%$0.348.52%
POWLPowell Industries, Inc.0.30%$1.057.31%
VCVisteon Corporation0.30%$0.292.59%
WSTWest Pharmaceutical Services, Inc.0.30%$0.8312.34%
CASHPathward Financial, Inc.0.29%$0.212.52%
NGSNatural Gas Services Group, Inc.0.29%$0.106.71%
PLUSePlus inc.0.29%$0.255.41%
RVTYRevvity, Inc.0.29%$0.2814.01%
TMOThermo Fisher Scientific Inc.0.28%$1.659.48%
MRVLMarvell Technology, Inc.0.27%$0.248.33%
VNTVontier Corporation0.27%$0.103.64%
DBRGDigitalBridge Group, Inc.0.26%$0.049.84%
FOURShift4 Payments, Inc.0.26%$0.167.44%
GOOGAlphabet Inc.0.26%$0.828.01%
TPBTurning Point Brands, Inc.0.26%$0.2910.22%
USB-PAU.S. Bancorp PERP PFD SER A0.26%$2.0243.68%